According to a new report by Expert Market Research titled, “Global Fluid Milk Market Share, Size, Report and Forecast 2024-2032″, the global fluid milk market reached a volume of about 235.35 million tons in 2023. Aided by rising awareness of the importance of nutrition and balanced milk products and easy availability of fluid milk, the market is projected to further grow at a CAGR of 1.6% between 2024 and 2032 to reach a volume of nearly 259.1 million tons by 2032.
Fluid milk, quite fundamentally, is the liquid milk sourced directly after milking or after certain processing stages, meant for direct consumption or further processing. A rich trove of calcium, protein, vitamins, and other vital nutrients, fluid milk forms the bedrock of daily nutrition for countless households globally. Whether consumed directly, added to beverages like tea and coffee, or used in culinary creations, its importance in daily diets remains unchallenged.
One cannot discuss the fluid milk market trends without acknowledging the rapid urbanisation and the shift in dietary preferences it has ushered in. With urban lives becoming increasingly hectic, there’s a palpable gravitation towards foods that are not just convenient but also nutritionally dense. These dynamic underscores the fluid milk market demand, with fluid milk being recognised as a quick source of hydration and nourishment.
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Simultaneously, the fluid milk market growth is also steered by innovations in packaging. Today’s consumer, more mobile than ever, looks for portability without compromising on the quality of what they consume. Tetra packs, eco-friendly pouches, and robust bottles with longer shelf lives have made fluid milk more accessible to a larger audience, augmenting its market size further.
A deep dive into the fluid milk market analysis reveals another intriguing facet: the expanding retail landscape. Supermarkets, hypermarkets, and online grocery stores have not only made fluid milk more available but have also enriched the buying experience with a plethora of choices in terms of fat content, added nutrients, or even flavour infusions.
Furthermore, sustainable dairy farming practices and a renewed focus on ethical sourcing and processing are reshaping the very future of the fluid milk market. These trends underscore the industry’s commitment to both the planet and its consumers.
Global fluid milk market size, while rooted in tradition, is fluid in its evolution. It is adapting, growing, and thriving, backed by robust demand drivers, innovative interventions, and an unwavering commitment to delivering nutrition to every household. As the industry moves forward, fluid milk’s legacy as an essential dietary staple looks more robust than ever.
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Market Segmentation
The market can be divided based on type, packaging material, distribution channel, and region.
Market Breakup by Type
• Whole
• Reduced Fat
• Low Fat
• Fat Free
• Organic
• Others
Market Breakup by Packaging Material
• Paper
• Plastic
• Glass
• Others
Market Breakup by Distribution Channel
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Food Stores
• Online Retail
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global fluid milk market. Some of the major players explored in the report by Expert Market Research are as follows:
• Lactalis Group
• Nestlé S.A.
• Fonterra Co-operative Group
• Saputo Inc.
• Arla Foods amba
• Dairy Farmers of America
• Others
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