Global Fluid Milk Market Reached Volumes Worth 211 Billion Litres in 2015
In spite of the popularity of alternatives like fruit juices, protein and energy drinks, the global fluid milk market has grown at a CAGR of around 1.8% during 2008–2015. This market is largely driven by the rising population, growing health consciousness and increasing disposable incomes in developing economies.
According to IMARC Group’s latest report, the global fluid milk market reached a volume of more than 210 Million Tons in 2015, growing at a CAGR of around 1.8% during 2008–2015. Milk is an important part of a balanced diet as it provides a wide range of micro-nutrients, vitamins and minerals which are vital for health. Some of the health benefits of milk include hydration, maintaining bone and teeth health, muscle development, weight management, etc. Consumption of milk along with a balanced diet can also help in controlling and preventing certain health conditions such as obesity, cancer, high blood pressure, cardiovascular diseases, type-2 diabetes, depression, etc.
Regardless of a number of low-fat and lactose free alternatives such as energy drinks, soy milk, almond milk, fruit juices and protein drinks gaining prominence in the developed countries, the global fluid milk market is still on the rise in the developing countries. Milk still remains an important part of the everyday diet in these countries and the rising population, growing health consciousness and increasing disposable incomes are expected to further drive its demand in the future.
The study titled “Fluid Milk Market — Industry Trends, Key Players, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue”provides a comprehensive insight into the global fluid milk market. The report segments the market on the basis of key regions. Currently, Asia is the largest producer as well as the consumer of fluid milk with a share of more than 40% in the total global market. Asia is followed by the European Union, North America, Eastern Europe, Latin America and Oceania. The report has also thoroughly analysed the competitive landscape of this market with some of the players being Lactalis Group, Nestlé, Fonterra, Friesland Campina, Danone, Dairy Farmers of America, Arla Foods, Saputo and Dean Foods.
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The report gives a detailed roadmap for setting up a fluid milk manufacturing plant. The study, which has been done by one of the world’s leading research and advisory firms, covers all the essential aspects of the fluid milk industry. This ranges from a comprehensive view of the market to minute details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have or plan to have any kind of stake in the fluid milk Industry.
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