Global Evaporated Milk Market Growth 2025-2031
Description
The global Evaporated Milk market size is predicted to grow from US$ 6444 million in 2025 to US$ 8625 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Evaporated milk, known in some countries as unsweetened condensed milk, is a shelf-stable canned milk product with about 60% of the water removed from fresh milk. 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.
Market Status:
Regional Market Distribution: High demand in North America (notably the US and Canada), Latin America, Asia (Philippines, Thailand, China), and the Middle East. It is used for baking and desserts in Western markets, while in Asia it’s widely used in beverages and coffee.
Changing Consumer Base: Younger consumers are demanding convenient, high-protein, and long-shelf-life dairy products; however, there’s rising concern over additives and ultra-processed foods, boosting demand for “clean label” products.
Retail & Online Channels: E-commerce platforms (like Amazon, Tmall, JD.com) are major growth drivers, especially post-pandemic.
Supply Chain Challenges: Raw milk price volatility, rising transportation costs, and environmental regulations affecting production processes.
Market Trends：
Health-focused Products: Launching low-fat, lactose-free, organic, and plant-based evaporated milk (such as oat or almond-based versions) to meet health-conscious consumer demands.
Sustainable Packaging: Aluminum cans, eco-friendly plastics, and renewable packaging materials are new selling points.
Localization & Flavor Innovation: Developing tailored products suitable for local markets (e.g., for Asian milk tea or Latin American desserts).
Rising Functional Food Demand: Evaporated milk enriched with proteins, calcium, prebiotics, and vitamins is gaining popularity.
Market Strategy:
Product Line Expansion: Both global and local companies are developing new dairy-based and plant-based evaporated milk variants.
Pricing Strategy Optimization: With increased costs in raw materials, packaging, and transportation, companies are focusing on scaling and automation to reduce production costs.
Regulatory Compliance Strengthening: Many countries are tightening control over dairy product imports, labeling, and nutrition claims.
Marketing Channel Adjustment: Emphasis on online branding and social media marketing (e.g., TikTok, Instagram) has become mainstream.
LP Information, Inc. (LPI) ' newest research report, the “Evaporated Milk Industry Forecast” looks at past sales and reviews total world Evaporated Milk sales in 2024, providing a comprehensive analysis by region and market sector of projected Evaporated Milk sales for 2025 through 2031. With Evaporated Milk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Evaporated Milk industry.
This Insight Report provides a comprehensive analysis of the global Evaporated Milk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Evaporated Milk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Evaporated Milk market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Evaporated Milk and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Evaporated Milk.
This report presents a comprehensive overview, market shares, and growth opportunities of Evaporated Milk market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Skimmed Evaporated Milk
Whole Evaporated Milk
Segmentation by Application:
Infant Food
Dairy Products
Bakeries
Confectionery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nestle
Arla Foods
Fraser and Neave
Friesland Campina
Marigold
DMK GROUP
Eagle Family Foods
O-AT-KA Milk Products
Holland Dairy Foods
GLORIA
Alokozay Group
DANA Dairy
Delta Food Industries FZC
Yotsuba Milk Products
Nutricima
Senel Bv
Zhejiang Panda Dairy
Envictus
Alaska Milk
Key Questions Addressed in this Report
What is the 10-year outlook for the global Evaporated Milk market?
What factors are driving Evaporated Milk market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Evaporated Milk market opportunities vary by end market size?
How does Evaporated Milk break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Evaporated milk, known in some countries as unsweetened condensed milk, is a shelf-stable canned milk product with about 60% of the water removed from fresh milk. 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.
Market Status:
Regional Market Distribution: High demand in North America (notably the US and Canada), Latin America, Asia (Philippines, Thailand, China), and the Middle East. It is used for baking and desserts in Western markets, while in Asia it’s widely used in beverages and coffee.
Changing Consumer Base: Younger consumers are demanding convenient, high-protein, and long-shelf-life dairy products; however, there’s rising concern over additives and ultra-processed foods, boosting demand for “clean label” products.
Retail & Online Channels: E-commerce platforms (like Amazon, Tmall, JD.com) are major growth drivers, especially post-pandemic.
Supply Chain Challenges: Raw milk price volatility, rising transportation costs, and environmental regulations affecting production processes.
Market Trends：
Health-focused Products: Launching low-fat, lactose-free, organic, and plant-based evaporated milk (such as oat or almond-based versions) to meet health-conscious consumer demands.
Sustainable Packaging: Aluminum cans, eco-friendly plastics, and renewable packaging materials are new selling points.
Localization & Flavor Innovation: Developing tailored products suitable for local markets (e.g., for Asian milk tea or Latin American desserts).
Rising Functional Food Demand: Evaporated milk enriched with proteins, calcium, prebiotics, and vitamins is gaining popularity.
Market Strategy:
Product Line Expansion: Both global and local companies are developing new dairy-based and plant-based evaporated milk variants.
Pricing Strategy Optimization: With increased costs in raw materials, packaging, and transportation, companies are focusing on scaling and automation to reduce production costs.
Regulatory Compliance Strengthening: Many countries are tightening control over dairy product imports, labeling, and nutrition claims.
Marketing Channel Adjustment: Emphasis on online branding and social media marketing (e.g., TikTok, Instagram) has become mainstream.
LP Information, Inc. (LPI) ' newest research report, the “Evaporated Milk Industry Forecast” looks at past sales and reviews total world Evaporated Milk sales in 2024, providing a comprehensive analysis by region and market sector of projected Evaporated Milk sales for 2025 through 2031. With Evaporated Milk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Evaporated Milk industry.
This Insight Report provides a comprehensive analysis of the global Evaporated Milk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Evaporated Milk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Evaporated Milk market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Evaporated Milk and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Evaporated Milk.
This report presents a comprehensive overview, market shares, and growth opportunities of Evaporated Milk market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Skimmed Evaporated Milk
Whole Evaporated Milk
Segmentation by Application:
Infant Food
Dairy Products
Bakeries
Confectionery
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nestle
Arla Foods
Fraser and Neave
Friesland Campina
Marigold
DMK GROUP
Eagle Family Foods
O-AT-KA Milk Products
Holland Dairy Foods
GLORIA
Alokozay Group
DANA Dairy
Delta Food Industries FZC
Yotsuba Milk Products
Nutricima
Senel Bv
Zhejiang Panda Dairy
Envictus
Alaska Milk
Key Questions Addressed in this Report
What is the 10-year outlook for the global Evaporated Milk market?
What factors are driving Evaporated Milk market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Evaporated Milk market opportunities vary by end market size?
How does Evaporated Milk break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
140 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Evaporated Milk by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Evaporated Milk by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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