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Market Research Report
Product code
1087175
Dry, Condensed, And Evaporated Dairy Products Global Market Report 2022 |
Dry, Condensed, And Evaporated Dairy Products Global Market Report 2022 |
Published: Pre-Order
The Business Research Company
Content info: 300 Pages
Delivery time: 2-10 business days
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Dry, Condensed, And Evaporated Dairy Products Global Market Report 2022 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global dry, condensed, and evaporated dairy product market as it emerges from the COVID-19 shut down.
Where is the largest and fastest growing market for the dry, condensed, and evaporated dairy product? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Dry, Condensed, And Evaporated Dairy Product market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider dry, condensed, and evaporated dairy product market, and compares it with other markets.
Markets Covered: 1) By Type: Dry Dairy Product; Condensed Dairy Product; Evaporated Dairy Product
2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Other Distribution Channels
3) By End Use: Food; Beverages; Intermediate Products; Condiments; Other End Users
Companies Mentioned: Kerry Group plc.; Tate & Lyle; Rhodes Food Group; Nestle S.A; The J.M. Smucker Company
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, dry, condensed, and evaporated dairy product indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major companies in the dry, condensed and evaporated dairy products market include Kerry Group plc, Tate & Lyle, Rhodes Food Group, Nestle S.A, The J.M. Smucker Company, GCMMF PVT LTD, Magnolia Inc., and Goya Foods Inc.
The global dry, condensed, and evaporated dairy products market is expected to grow from $101.5 billion in 2021 to $112.09 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The market is expected to grow to $158.8 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%.
The dry, condensed, and evaporated dairy product market consists of sales of dry, condensed, and evaporated dairy products by entities (organizations, sole traders, and partnerships) that produce dry, condensed, and evaporated milk and dairy substitute products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.
The main types of dry, condensed, and evaporated dairy products are dry dairy products, condensed dairy products, evaporated dairy products. Condensed milk is cow's milk that has had the water removed. It's most commonly seen with sugar added, like sweetened condensed milk, to the point where the names condensed milk and sweetened condensed milk are widely interchanged nowadays. The different end-users include food, beverages, intermediate products, condiments, Other Distribution Channels and are distributed through various channels such as supermarkets/hypermarkets, convenience stores, e-commerce, Other Distribution Channels.
Western Europe was the largest region in the dry, condensed, and evaporated dairy products market in 2021. Asia Pacific was the second-largest region in the dry, condensed, and evaporated dairy products market. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The increasing demand for local, sustainable and organic food production is expected to positively impact the dry, condensed, and evaporated dairy product manufacturing market during the forecast period. Organic food products including dry, condensed, and evaporated dairy products place a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers now are becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognize as healthy. Across Europe, there is a very high import rate (especially for fruits and vegetables) as the rate of production is far lower than the consumer demands for organic produce. For instance, according to the Soil Association, sales of organic products in the UK increased by 4.5% in 2019 to reach £