Market Overview:
According to the report, the global fluid milk market reached a value of US$ 173.8 Billion in 2020. Fluid milk is considered as an integral part of the staple diet in developing regions like India and China. Thus, population growth in these regions, growing health consciousness globally and increasing disposable incomes currently represent some of the key factors driving the demand of this product. Looking forward, IMARC Group expects the global fluid milk market to exhibit steady growth during the next five years.
On a regional level, the report has analyzed the fluid milk market in the following regions – Asia, North America, Latin America, European Union, Eastern Europe, Oceania and others. According to the report, Asia is currently the biggest market followed by Europe, North America and Oceania. For each of the regions, this report provides both historical (2015 & 2020) and future (2021-2026) trends in the fluid milk market. The report also segments the market on the basis of product type into whole milk, reduced fat milk, low fat milk, fat free milk, organic milk and others. Among these, whole milk currently represents the largest type accounting for majority of the market share. On the basis of packaging, the market has been segregated into paper packaging, plastic packaging, glass packaging and others.
This report provides a deep insight into the global fluid milk market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a fluid milk manufacturing plant. The study analyses the 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 any kind of stake or are planning to foray into the fluid milk industry in any manner.
Key Questions Answered in This Report:
The global fluid milk market reached a value of US$ 173.8 Billion in 2020.
According to the estimates by IMARC Group, the global fluid milk market is expected to exhibit steady growth during the next five years.
The outbreak of the coronavirus disease (COVID-19) has increased the demand for fluid milk among individuals to improve their immunity. However, supply chain disruptions due to lockdowns announced by governments of numerous countries as a response to the pandemic are hampering the growth of the market.
The rising health consciousness, inflating disposable incomes and the increasing utilization of fluid milk to prepare various food items are among the key factors that are spurring the market growth.
At present, the easy availability of different fluid milk variants, such as skim, ultra-filtered skim and condensed whole milk, along with the introduction of plant-based and lactose-free milk products, is acting as a significant trend in the market.
Based on the type, the market has been classified into the whole, reduced fat, low fat, fat-free, organic and other fluid milk.
On the basis of the packaging material, the market has been categorized into paper, plastic, glass and others.
The market has been divided on the basis of the distribution channel into supermarkets and hypermarkets, convenience stores, specialty food stores, online retail, and others.
Region-wise, the market has been segmented into the European Union, Eastern Europe, Asia, North America, Latin America, Oceania and others.
Leading industry players are Lactalis International, Nestlé S.A., Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V., Danone S.A., Dairy Farmers of America Inc., Arla Foods amba, Dean Foods Company, DMK Deutsches Milchkontor GmbH, Saputo Inc., Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF) and Yili Group.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Fluid Milk Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Region
5.6 Market Breakup by Type
5.7 Market Breakup by Packaging
5.8 Market Breakup by Distribution Channel
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Raw Material Procurement
5.11.2 Manufacturers
5.11.3 Marketing and Distribution
5.11.4 Retailers
5.11.5 Exporters
5.11.6 End-User
5.12 Porter’s Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Key Success Factors and Risk Factors
6 Performance of Key Regions
6.1 Asia
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 European Union
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 North America
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Eastern Europe
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Latin America
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Oceania
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Type
7.1 Whole
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Reduced Fat
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Low Fat
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Fat Free
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Organic
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Packaging Material
8.1 Paper
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Plastic
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Glass
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Convenience Stores
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Specialty Food Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Online Retail
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Competitive Landscape
10.1 Market Structure
10.2 Market Breakup by Key Players
11 Fluid Milk Manufacturing Process
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operations Involved
11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Machinery
12.4 Machinery Pictures
12.5 Raw Material Requirements and Expenditures
12.6 Raw Material and Final Product Pictures
12.7 Packaging Requirements and Expenditures
12.8 Transportation Requirements and Expenditures
12.9 Utility Requirements and Expenditures
12.10 Manpower Requirements and Expenditures
12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Taxation and Depreciation
14.5 Income Projections
14.6 Expenditure Projections
14.7 Financial Analysis
14.8 Profit Analysis
15 Key Player Profiles
15.1 Lactalis Group
15.2 Nestle
15.3 Fonterra
15.4 Friesland Campina
15.5 Danone
15.6 Dairy Farmers of America
15.7 Arla Foods
15.8 Dean Foods
15.9 DMK
15.10 Saputo
15.11 GCMMF
15.12 Yili Group
List of Figures
Figure 1: Global: Fluid Milk Market: Major Drivers and Challenges
Figure 2: Global: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 - 2020
Figure 3: Global: Fluid Milk Market: Value Trends (in Billion US$), 2015 - 2020
Figure 4: Global: Fluid Milk Market: Breakup by Region (in %), 2020
Figure 5: Global: Fluid Milk Market: Breakup by Type (in %), 2020
Figure 6: Global: Fluid Milk Market: Breakup by Packaging Material (in %), 2020
Figure 7: Global: Fluid Milk Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Global: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 9: Global: Fluid Milk Market Forecast: Value Trends (in Billion US$), 2021-2026
Figure 10: Fluid Milk Market: Price Structure (in US$/Litre)
Figure 11: Global: Fluid Milk Market: Average Prices (in US$/Litre), 2015 - 2020
Figure 12: Global: Fluid Milk Market Forecast: Average Prices (in US$/Litre), 2021-2026
Figure 13: Global: Fluid Milk Industry: SWOT Analysis
Figure 14: Global: Fluid Milk Industry: Value Chain Analysis
Figure 15: Global: Fluid Milk Industry: Porter’s Five Forces Analysis
Figure 16: Asia: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 17: Asia: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 18: European Union: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 19: European Union: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 20: North America: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 21: North America: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 22: Eastern Europe: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 23: Eastern Europe: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 24: Latin America: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 25: Latin America: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 26: Oceania: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 27: Oceania: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 28: Other Regions: Fluid Milk Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 29: Other Regions: Fluid Milk Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 30: Global: Fluid Milk (Whole Milk) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 31: Global: Fluid Milk (Whole Milk) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 32: Global: Fluid Milk (Reduced Fat) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 33: Global: Fluid Milk (Reduced Fat) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 34: Global: Fluid Milk (Low Fat) Market: Low Fat: Volume Trends (in Billion Litres), 2015 & 2020
Figure 35: Global: Fluid Milk (Low Fat) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 36: Global: Fluid Milk (Fat Free) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 37: Global: Fluid Milk (Fat Free) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 38: Global: Fluid Milk (Organic) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 39: Global: Fluid Milk (Organic) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 40: Global: Fluid Milk (Other Types) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 41: Global: Fluid Milk (Other Types) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 42: Global: Fluid Milk (Paper Packaging) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 43: Global: Fluid Milk (Paper Packaging) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 44: Global: Fluid Milk (Plastic Packaging) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 45: Global: Fluid Milk (Plastic Packaging) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 46: Global: Fluid Milk (Glass Packaging) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 47: Global: Fluid Milk (Glass Packaging) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 48: Global: Fluid Milk (Other Packaging) Market: Volume Trends (in Billion Litres), 2015 & 2020
Figure 49: Global: Fluid Milk (Other Packaging) Market Forecast: Volume Trends (in Billion Litres), 2021-2026
Figure 50: Global: Fluid Milk Market: Sales through Supermarkets and Hypermarkets (in Billion Litres), 2015 & 2020
Figure 51: Global: Fluid Milk Market Forecast: Sales through Supermarkets and Hypermarkets (in Billion Litres), 2021-2026
Figure 52: Global: Fluid Milk Market: Sales through Convenience Stores (in Billion Litres), 2015 & 2020
Figure 53: Global: Fluid Milk Market Forecast: Sales through Convenience Stores (in Billion Litres), 2021-2026
Figure 54: Global: Fluid Milk Market: Sales through Specialty Food Stores (in Billion Litres), 2015 & 2020
Figure 55: Global: Fluid Milk Market Forecast: Sales through Specialty Food Stores (in Billion Litres), 2021-2026
Figure 56: Global: Fluid Milk Market: Sales through Online Retail (in Billion Litres), 2015 & 2020
Figure 57: Global: Fluid Milk Market Forecast: Sales through Online Retail (in Billion Litres), 2021-2026
Figure 58: Global: Fluid Milk Market: Other Distribution Channels (in Billion Litres), 2015 & 2020
Figure 59: Global: Fluid Milk Market Forecast: Other Distribution Channels (in Billion Litres), 2021-2026
Figure 60: Global: Fluid Milk Market: Breakup by Key Players (in %), 2020
Figure 61: Fluid Milk Manufacturing: Detailed Process Flow
Figure 62: Fluid Milk Manufacturing: Conversion Rate of Feedstocks
Figure 63: Fluid Milk Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 64: Fluid Milk Industry: Profit Margins at Various Levels of the Supply Chain
Figure 65: Fluid Milk Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Fluid Milk Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Fluid Milk Market Forecast: Breakup by Region (in Billion Litres), 2021-2026
Table 3: Global: Fluid Milk Market Forecast: Breakup by Type (in Billion Litres), 2021-2026
Table 4: Global: Fluid Milk Market Forecast: Breakup by Packaging Material (in Billion Litres), 2021-2026
Table 5: Global: Fluid Milk Market Forecast: Breakup by Distribution Channel (in Billion Litres), 2021-2026
Table 6: Global: Fluid Milk Market: Competitive Structure
Table 7: Global: Overview of Top Fluid Milk Manufacturers
Table 8: Typical Composition of Liquid Whole Milk and Liquid Skimmed Milk
Table 9: Fluid Milk Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Fluid Milk Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Fluid Milk Manufacturing Plant: Costs Related to Milk Reception Section (in US$)
Table 12: Fluid Milk Manufacturing Plant: Costs Related to Milk Processing Section (in US$)
Table 13: Fluid Milk Manufacturing Plant: Summary of Machinery Costs (in US$)
Table 14: Fluid Milk Manufacturing Plant: Raw Material Requirements (in Tons per Day) and Expenditures (in US$/Ton)
Table 15: Fluid Milk Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 16: Fluid Milk Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 17: Details of Financial Assistance Offered by Financial Institutions
Table 18: Fluid Milk Manufacturing Plant: Capital Costs (in US$)
Table 19: Fluid Milk Manufacturing Plant: Techno-Economic Parameters
Table 20: Fluid Milk Manufacturing Plant: Taxation and Depreciation (in US$)
Table 21: Fluid Milk Manufacturing Plant: Income Projections (in US$)
Table 22: Fluid Milk Manufacturing Plant: Expenditure Projections (in US$)
Table 23: Fluid Milk Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 24: Fluid Milk Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 25: Fluid Milk Manufacturing Plant: Profit and Loss Account (in US$)