Global demand for milk and cream is forecast to expand 9.7% p.a. between 2014 2018. China, Egypt, Germany, India, and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global milk and cream industry is forecast to reach 9.7% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 7.7%. Currently, milk and cream powder cover the largest part of the world market accounting for 73.0% of the demand while the remaining market share is divided between not concentrated milk and cream (20.5%), concentrated milk and cream (3.4%), and other milk and cream (3.1%).
China, France, Germany, Mexico, and the United States represent the largest milk and cream markets while the strongest annual growth is forecast to occur in Egypt (19.6%), India (15.7%), United States (14.5%), Tanzania (13.9%), and South Korea (13.9%).
Milk and cream market size compared to market growth in different countries
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential milk and cream markets in the coming years are:
Ranking Country Market Potential Rate
1. United States 0.50
2. China 0.49
3. India 0.21
4. Egypt 0.20
5. Germany 0.18
6. Mexico 0.16
7. South Korea 0.15
8. France 0.14
9. Tanzania 0.14
10. Italy 0.13
11. Kazakhstan 0.12
12. Albania 0.12
13. Vietnam 0.12
14. Denmark 0.12
15. Hungary 0.12
16. Slovakia 0.12
17. Turkey 0.11
18. Belgium 0.11
19. Macedonia 0.11
20. Russia 0.11
The leading players on the global milk and cream market are considered to be companies like Agropur Cooperative, Al Buheira Lacnor Dairies Co Ltd, Al Safi Danone Co Ltd, Almarai Co, Arla Foods, Beijing Sanyuan Foods Company Limited, Bright Dairy & Food Co., Ltd., Campina Nederland BV, Centrale Laitiere SA, China Huishan Dairy Holdings Co Ltd, China Mengniu Dairy Company Limited, Cooperativa Central Dos Produtores Rurais de Minas Gerais Ltda, Cooprative Agricole de Taroudant, Dairy Crest Group plc, Danone, Dean Foods, Dukat d.d., EZAKI GLICO CO., LTD., Fonterra, Ganaderos Productores de Leche Pura, S.A. de C.V., Glanbia plc, Hatsun Agro Product Ltd, HP Hood LLc, Inner Mongolia Yili Industrial Group Co., Jiangsu Dadi Foodstuff Co.,Ltd., Juhayna Food Industries Co, Laep Investments Ltd (EDR), Land-O-Sun Dairies LLC, Liconsa, S.A. de C.V., Lotte Chilsung Beverage Co Ltd, Mastellone Hnos. S.A., MEGMILK SNOW BRAND Co Ltd, Meiji Co Ltd, Mengniu Dairy Tai'an Co., Ltd., Molochnoe Delo Buraevo Ooo, Morinaga Milk Industry Co., Ltd., Murray Goulburn Co-operative Co Limited, Namyang Dairy Products Co., Ltd., Nestle, Ningxia Xiajin Dairy Industry Group Co., Ltd., Nippon MilkCommunity Co. Ltd., Orenburgski Molochny Kombinat Ooo, Parmalat, Pieno Zvaigzdes AB, Prairie Farms Dairy, Inc., Prehrambena industrija VINDIJA d.d., SanCor Cooperativas Unidas Ltda., Savushkin Product Joint Stock Company, Senoble Holding SAS, Sodiaal, Spldzielnia Mleczarska MLEKOVITA, St rnleri AS, The Ap Diary Development Co-Operative Federation Limited, Uni-President Enterprises Corp., Vamin Tatarstan Joint Stock Company, Want Want China Holdings Ltd., Wei Chuan Foods Corp., Vietnam Dairy Products JSC, Wimm-Bill-Dann Food Products Joint Stock Company, Xiamen Yin Food Co.,Ltd, Yakult Honsha Co., Ltd., Yashili International Holdings Ltd.
The market information is based on new industry reports recently published by Global Research & Data Services. The publications offer the most up-to-date perspective on the actual market situation, trends, leading companies, and future outlook for milk and cream in the world and individually for the following countries: Albania, Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bolivia, Botswana, Bulgaria, Canada, Chile, China, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, New Zealand, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Romania, Russia, Rwanda, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Tanzania, Thailand, Turkey, Ukraine, United Kingdom, United States, Uruguay, and Vietnam
The studies include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other industry professionals looking for key market insights in a readily accessible and clearly presented format.
The market studies help identify:
- What is the size of the global milk and cream market?
- What is the size of the milk and cream market in different countries around the world?
- How are the markets divided into different product segments?
- Which products are growing fast?
- How have the markets been developing?
- What does the future look like?
- What is the market potential?
- Which major companies are operating in the market?
Product segments analyzed in the studies:
Milk powder (< 1.5% fat)
Unsweetened milk and cream powder (> 1.5% fat)
Sweetened milk and cream powder (> 1.5% fat)
Not concentrated unsweetened milk (< 1% fat)
Not concentrated unsweetened milk (1-6% fat)
Not concentrated unsweetened milk and cream (> 6% fat)
Concentrated unsweetened milk and cream
Other milk and cream
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