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Global Packaged Condensed Milk Market 2017-2021

Global Packaged Condensed Milk Market 2017-2021

About Packaged Condensed Milk

Packaged condensed milk is dehydrated cow's milk with a thick consistency. It is segmented as sweetened and unsweetened condensed milk. Unsweetened milk is also called evaporated milk, and thus many players refer to it as evaporated milk on their packaging. Dairy is one of the most popular food categories with a global market and diverse consumer base. Dairy products are consumed worldwide, by people of all age groups.

Technavio’s analysts forecast the global packaged condensed milk market to grow at a CAGR of 3.74% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global packaged condensed milk market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Packaged Condensed Milk Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DANA Dairy
  • Eagle Family Foods Group
  • FrieslandCampina
  • Nestlé
  • Santini Foods
Other prominent vendors
  • Arla Foods
  • Bonny
  • Dairy Cooperative in Gostyń
  • eatdinosaurs
  • Erapoly Global
  • F&N Dairies
  • GCMMF (Amul)
  • LTHFood Industries
  • Marijampolės pieno konservai
  • MDI
  • Olvebra Industrial
  • Promac Enterprises
  • Seprod
  • Vinamilk
  • Zhejiang Panda Dairy Products
Market driver
  • Increasing usage of condensed milk in preparation of baked products and desserts
  • For a full, detailed list, view our report
Market challenge
  • Growing health awareness among consumers
  • For a full, detailed list, view our report
Market trend
  • Demand for flavored condensed milk
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Packaged Condensed Milk Market 2017-2021

Technavio recognizes the following companies as the key players in the global packaged condensed milk market: DANA Dairy, Eagle Family Foods Group, FrieslandCampina, Nestlé, and Santini Foods.

Other Prominent Vendors in the market are: Arla Foods, Bonny, Dairy Cooperative in Gostyń, Eatdinosaurs, Erapoly Global, F&N Dairies, GCMMF (Amul), LTHFood Industries, Marijampolės pieno konservai, MDI, Olvebra Industrial, Promac Enterprises, Seprod, Vinamilk, and Zhejiang Panda Dairy Products

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is demand for flavored condensed milk. Taste and demand for new flavors are becoming important factors for the players to keep the interest of consumers alive in the market. Thus, players are increasingly expanding their flavor portfolio by launching new flavors in condensed milk to attract consumers. Condensed milk is used in a variety of desserts, confectioneries, and bakery products.”

According to the report, one of the major drivers for this market is increasing usage of condensed milk in preparation of baked products and desserts. Currently, condensed milk is used in a variety of baked products and desserts like pancakes, mousse, ice cream, cheesecake, muffins, and others. In developed regions like North America and Western Europe, the consumption of desserts is high, which indirectly increases the overall consumption of condensed milk.

Further, the report states that one of the major factors hindering the growth of this market is growing health awareness among consumers. Despite the benefits of using condensed milk in the preparation of a variety of desserts, confectioneries, and bakery products, it has been found that sweetened condensed milk is high in calories as it is a dense mixture of milk solids and sugar. Thus, many consumers who are on a diet avoid consuming sweetened condensed milk products or consume them in small quantities.

Companies Mentioned

DANA Dairy, Eagle Family Foods Group, FrieslandCampina, Nestlé, and Santini Foods. Other Prominent Vendors in the market are: Arla Foods, Bonny, Dairy Cooperative in Gostyń, Eatdinosaurs, Erapoly Global, F&N Dairies, GCMMF (Amul), LTHFood Industries, Marijampolės pieno konservai, MDI, Olvebra Industrial, Promac Enterprises, Seprod, Vinamilk, and Zhejiang Panda Dairy Products

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Global dairy market
      • Table Global dairy market 2016-2021 ($ billions)
  • Market landscape
    • Global packaged condensed milk
      • Table Modern process of manufacturing condensed milk
      • Table Global packaged condensed milk market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Global packaged condensed milk market by product type 2016 and 2021 (% share)
    • Global packaged sweetened condensed milk market
      • Table Global packaged sweetened condensed milk market 2016-2021 ($ billions)
    • Global packaged evaporated milk market
      • Table Global packaged evaporated condensed milk market 2016-2021 ($ billions)
  • Segmentation by distribution channel
    • Supermarkets and hypermarkets
    • Convenience stores
    • Food and beverage specialists
    • Others
      • Table Global packaged condensed milk market by distribution channel 2016 (% share)
  • Geographic segmentation
    • Table Global packaged condensed milk market by geography 2016 and 2021 (% share)
    • Packaged condensed milk market in Americas
      • Table Packaged condensed milk market in Americas 2016-2021 ($ billions)
    • Packaged condensed milk market in EMEA
      • Table Packaged condensed milk market in EMEA 2016-2021 ($ billions)
    • Packaged condensed milk market in APAC
      • Table Packaged condensed milk market in APAC 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries: Market shares in 2016
    • US
      • Table Number of supermarkets in US 2012-2015
      • Table Packaged condensed milk market in US 2016-2021 ($ billions)
    • UK
      • Table Number of gyms in UK 2014 and 2015
      • Table Claims attracting consumers in UK to condensed milk in 2016
      • Table Packaged condensed milk market in UK 2016-2021 ($ billions)
    • Germany
      • Table Condensed milk production in Germany 2012-2015 (million tons)
      • Table Claims attracting consumers in Germany to condensed milk in 2016
      • Table Packaged condensed milk market in Germany 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Different packaging of condensed milk
      • Table Maximum shelf life of condensed milk
    • Market challenges
      • Table Global sugar prices 2014-2016 (cents per pound)
      • Table Global milk price 2011-2016 ($/100 kg)
      • Table Global lactose intolerant population as a percentage of global population 2011-2015
      • Table Lactose percentage for types of condensed milk
  • Market trends
    • Demand for flavored condensed milk
    • New product launches by packaged condensed milk players
    • Demand for organic and vegan packaged condensed milk
    • Marketing initiatives to promote packaged condensed milk
  • Vendor landscape
    • Competitive scenario
      • Table Strategies adopted by players
      • Table Competitive assessment in 2016
    • Other prominent vendors
  • Key vendor analysis
    • DANA Dairy
      • Table DANA Dairy: Product overview
    • Eagle Family Foods Group
      • Table Eagle Family Foods Group: Product overview
    • FrieslandCampina
      • Table FrieslandCampina: Geographic presence by revenue in 2016
      • Table FrieslandCampina: Product overview
    • Nestlé
      • Table Nestlé: Segmentation by geography 2016
      • Table Nestlé: Product overview
    • Santini Foods
      • Table Santini Foods: Product overview
  • Appendix
    • List of abbreviations
  • Explore Technavio

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