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Sept. 13, 2019, 1:54 a.m. EDT

Fresh Milk Market Size, Share, Industry, Price, Growth & Report 2019-2024

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Sep 13, 2019 (SUPER MARKET RESEARCH via COMTEX) -- The fresh milk market is aided by the growing milk production globally. The global output in 2018 stood at over 820 million tonnes, rising by 2% from 2017. Production is expected to grow further in the forecast period of 2019-2024, to reach approximately 930 million tonnes in 2024. In the coming decade, the milk production is expected to witness an average annual increase of 1.8%. Majority of the milk and dairy products are consumed as fresh dairy products accounting for almost 50% of the total global production.

Get a free sample report for market study here – https://www.expertmarketresearch.com/request?type=report&flag=B&id=175

Competitive Landscape & Supplier Analysis:

1. Nestle SA (swx:NESN)
2. Lactalis Group
3. China Mengniu Dairy Company Limited (hkg:2319)
4. Arla Food Amba
5. Cooperativa Central Dos Produtores Rurais De Minas Gerais Ltda. (Itambe)
6. Gujarat Cooperative Milk Marketing Federation Ltd. (Amul)
7. Inner Mongolia Yili Industrial Group Co., Ltd
8. DMK Deutsches Milchkontor GmbH
9. Dairy Farmers of America

In the forecast period, Asia will account for 70% of the increase in the global production due to expanding population and increasing disposable incomes. Milk production in emerging economies is expected to rise annually by 3%, with the majority consumed as fresh and dairy products. Pakistan and India account for most of the projected increase in the global milk production in the forecast period. These two countries are expected to contribute more than one-quarter of the total global production in 2027. Most of the surplus production in these two countries is expected to be consumed as fresh milk and dairy products. In India, over 65% of the total production is consumed as fresh milk.

Read full report summary with Table of Content – https://www.expertmarketresearch.com/reports/fresh-milk-market

Europe and North America will be the other major milk producing regions in the forecast period. The growth in milk production is expected to be slow in the forecast period at less than 1% annually. Even though the herd size has been declining, the milk yields have been growing in these regions. The yield in the European Union is projected to grow by 1.2% per annum in the next five years. While the market share of European Union countries in terms of production is similar to that of India, India is expected to surpass the European Union in the coming years in terms of its total output.

1 Preface

2 Research Methodology

3 Executive Summary

3.1 Market Overview

3.2 Key Demand Drivers

3.3 Top Suppliers

3.4 Supply Market Changes

4 Global Fresh Milk Market Outlook

5 Global Fresh Milk Market

5.1 Global Fresh Milk Market Analysis

5.1.1 Figure: Breakup by Type: Historical Market (2014-2018) & Forecast (2019-2024) Whole/Full-Fat Reduced-Fat (2%) Low-Fat (1%) Fat-Free

5.1.2 Figure: Breakup by Application: Historical Market (2014-2018) & Forecast (2019-2024) Household Commercial

5.1.3 Figure: Breakup by Region: Historical Market (2014-2018) & Forecast (2019-2024) North America Europe Asia Pacific LATAM Middle East & Africa

5.1.4 Figure: Regional Fresh Milk Market Breakup by Type: Historical Market (2014-2018) & Forecast (2019-2024) North America Whole/Full-Fat Reduced-Fat (2%) Low-Fat (1%) Fat-Free Europe Whole/Full-Fat Reduced-Fat (2%) Low-Fat (1%) Fat-Free Asia Pacific Whole/Full-Fat Reduced-Fat (2%) Low-Fat (1%) Fat-Free LATAM Whole/Full-Fat Reduced-Fat (2%) Low-Fat (1%) Fat-Free

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