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The global Skimmed Evaporated Milk market was valued at USD 2.59 billion in 2023 and is projected to reach USD 4.23 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2024-2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Goat Milk Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Skimmed Evaporated Milk include Nestle, Arla, Fraser and Neave, Friesland Campina, Marigold, DMK GROUP, Eagle Family Foods, O-AT-KA Milk Products and Holland Dairy Foods, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Evaporated milk can be made from whole milk or skim milk. In either case, the milk is homogenized and then the water is removed by gently heating it. The evaporated milk product is sealed in cans which are then heated to kill any bacteria in the milk. Thus evaporated milk is actually sterile, which, combined with the fact that it is stored in airtight cans, gives it an extremely long shelf life.
This report aims to provide a comprehensive presentation of the global market for Skimmed Evaporated Milk, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Skimmed Evaporated Milk. This report contains market size and forecasts of Skimmed Evaporated Milk in global, including the following market information:
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Skimmed Evaporated Milk manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Skimmed Evaporated Milk Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Skimmed Evaporated Milk Market Segment Percentages, by Type, 2023 (%)
Global Skimmed Evaporated Milk Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Skimmed Evaporated Milk Market Segment Percentages, by Application, 2023 (%)
Global Skimmed Evaporated Milk Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Skimmed Evaporated Milk Market Segment Percentages, By Region and Country, 2023 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Skimmed Evaporated Milk, market overview.