PUBLISHER: 360iResearch | PRODUCT CODE: 1465158
PUBLISHER: 360iResearch | PRODUCT CODE: 1465158
[194 Pages Report] The Fresh Milk Market size was estimated at USD 38.49 billion in 2023 and expected to reach USD 40.30 billion in 2024, at a CAGR 4.87% to reach USD 53.71 billion by 2030.
Fresh or raw milk is obtained directly from animals such as cows, goats, or sheep without undergoing pasteurization or processing. This dairy product is characterized by its high nutritional value, including essential vitamins, minerals, enzymes, and beneficial bacteria lost during pasteurization. Growth is driven by heightened health and nutrition consciousness, increased preference for organic and easily digestible A2 milk, advancements in cold chain logistics and preservation technology, and a shift towards eco-friendly practices. However, milk's high perishability, regulatory barriers, and competition from plant-based alternatives may hinder fresh milk adoption. Nevertheless, rising e-commerce, partnerships with organic, sustainable farms, focus on developing advanced, non-chemical preservation methods, sustainable packaging solutions, genetic advancements for improved dairy production, and consumer education to dispel dairy-related health misconceptions may create opportunities for the fresh milk market.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 38.49 billion |
Estimated Year [2024] | USD 40.30 billion |
Forecast Year [2030] | USD 53.71 billion |
CAGR (%) | 4.87% |
Source: Burgeoning usage of buffalo milk owing to their substantial amount of calcium, phosphorous, and Vitamin B
Buffalo milk is notable for its high fat and protein content, making it richer and creamier than cow's milk. This characteristic makes it suitable for producing dairy products such as mozzarella cheese, yogurt, and traditional desserts in various cultures. It is a significant source of dairy in South Asia, parts of Europe, and other regions where buffalo farming is prevalent. Buffalo milk also provides a substantial amount of calcium, phosphorous, and Vitamin B compared to different types of milk, contributing positively to bone health and nutritional requirements. Cow milk is the most widely consumed type of milk around the globe and serves as a primary source of dairy for various products, including cheese, yogurt, and butter. It is appreciated for its balanced composition, offering a mix of essential nutrients, including carbohydrates, vitamins, minerals, proteins, and fats. Cow milk's versatility and nutritional balance make it a staple in many diets. However, lactose intolerance and allergies to cow milk proteins are common challenges for some consumers, leading to the pursuit of alternative milk sources. Goat milk is gaining popularity as a healthful alternative to cow milk, distinguished by its easier digestibility, lower allergenic potential, and slightly higher mineral content, particularly calcium, potassium, and magnesium. It has a distinctive taste and creamy texture, although everyone may not prefer it. Goat milk can be a beneficial dietary option for individuals looking for alternatives due to allergies or intolerance to cow milk. It has been traditionally valued in various cultures for its nutritional benefits and is used in making cheeses, such as chevre.
End-users: Evolving usage of fresh milk across the commercial sector
Commercial entities, including food and beverage manufacturers, leverage fresh milk as a foundational ingredient in numerous products. From dairy items such as cheese and yogurt to baked goods and confectioneries, fresh milk's versatility is critical. These industries demand high-quality, consistent supply to meet strict health and safety standards, ensuring product excellence. Cafes feature fresh milk in various beverages, from classic coffees and teas to innovative modern concoctions. The quality of milk can significantly influence the taste and texture of their offerings, making it essential for creating premium drinks that meet consumer expectations. Cafes often source local, high-quality milk to assure freshness and support community businesses. Catering services rely on fresh milk to create diverse menus from breakfast to dinner, including snacks and desserts. Milk's versatility allows for its use in various culinary creations, from creamy sauces and soups to delicate pastries. The demand for fresh, high-quality ingredients is paramount in catering, with milk being no exception to ensure customer satisfaction. Restaurants use fresh milk across various cuisines and dishes, emphasizing its necessity in achieving authentic flavors and textures. It's indispensable in kitchens for making everything from starters to main courses and desserts. Quality and freshness are critical in the restaurant industry, influencing the overall dining experience and reputation. Fresh milk is a staple in households for both drinking and cooking. Its nutritional value, including essential vitamins and minerals, makes it a popular choice for daily consumption. Households appreciate fresh milk for its versatility, using it in breakfast cereals, tea, coffee, desserts, and homemade culinary recipes. Personal preferences for fat content and organic qualities can influence purchasing decisions.
Regional Insights
The demand for fresh milk remains robust in the Americas, driven by consumer preferences for natural and nutritious dairy products. The Americas market is characterized by high per capita consumption and a strong preference for branded milk products. Consumers across the Americas show a growing interest in organic and grass-fed milk, emphasizing the importance of sustainability and animal welfare in purchasing decisions. Recent initiatives include investments in sustainable packaging and dairy farm practices to reduce the carbon footprint. In the EU, consumer demand is increasingly leaning towards dairy alternatives, with fresh milk consumption remaining steady due to strong dietary habits. Nevertheless, the region shows a keen interest in innovation within the dairy sector, with recent patents filed for improved milk production processes and dairy product formulations. EU countries also invest in research to enhance dairy product nutrition and safety, aiming to cater to the health-conscious consumer. The MEA region presents a unique market with diverse consumer needs. The Middle East experiences a high demand for fresh milk due to its dietary staples. In Africa, the focus is on improving milk production and distribution infrastructure to meet the growing domestic demand. Investment in cold chain logistics and local dairy farming initiatives is increasing to support the fresh milk market. In the Asia-Pacific, milk consumption has seen rapid growth, driven by health awareness and higher income levels. The country is witnessing significant investment in dairy farming technologies and import partnerships. Innovative models, including dairy cooperatives, are pivotal in meeting its increasing milk demand across Asia-Pacific countries.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Fresh Milk Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Fresh Milk Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Fresh Milk Market, highlighting leading vendors and their innovative profiles. These include Agropur Inc., Arla Foods Group, California Dairies, Inc., China Mengniu Dairy Company Limited, Clover Stornetta Farms, Inc., Dairy Farmers of America, Inc., Danone S.A., DMK GmbH, Emmi Group, Fonterra Co-Operative Group Limited, Gujarat Cooperative Milk Marketing Federation Limited, Kerry Group plc, Lactalis Group, Land O'Lakes, Inc., Meiji Holdings Co., Ltd., Muller Group, Nestle S.A., Royal FrieslandCampina N.V., Saputo Inc., Savencia SA, Schreiber Foods Inc., Sodiaal Group, The a2 Milk Company, Unilever PLC, and Yili Company.
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Fresh Milk Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Fresh Milk Market?
3. What are the technology trends and regulatory frameworks in the Fresh Milk Market?
4. What is the market share of the leading vendors in the Fresh Milk Market?
5. Which modes and strategic moves are suitable for entering the Fresh Milk Market?