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Insights reveal that the global milk market is set for a healthy expansion, with an anticipated growth of USD 108.7 billion, corresponding to a CAGR of nearly 5.5% from 2025 to 2030. The global milk market is driven by a growing demand for dairy products in emerging economies, where rising incomes and urbanization are leading to increased consumption of milk and dairy-based products. As these regions develop, there is a significant shift towards packaged and processed milk, catering to both convenience and safety concerns. Additionally, the global trend towards health and wellness is boosting demand for fortified, organic, and plant-based milk alternatives, as consumers become more health-conscious and environmentally aware. Technological advancements in dairy farming and processing are also enhancing production efficiency and product quality, further propelling market growth on a global scale.
This report provides a strategic analysis of the global milk market, examining historical trends from 2020 to 2024 and forecasting developments through 2030. It assesses market size, growth trajectories, and key drivers of change, offering a comprehensive view of the industry’s future. By dissecting the market into product, distribution channel and region, the report identifies high-potential opportunities and actionable strategies for market players to thrive in a competitive landscape.
The global milk market is categorized into the following segments:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: distribution channel, convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, others
Region: Asia Pacific, Europe, Latin America, Middle East and Africa, North America
The global milk market is segmented by product, distribution channel and region. The market is classified by product into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. Distribution channel segments are divided into distribution channel, convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, and others. Geographically, the market spans Asia Pacific, Europe, Latin America, Middle East and Africa, and North America.
The competitive landscape of the milk market features leading companies such as Inner Mongolia Yili Industrial Group Co. Ltd., China Mengniu Dairy Company Limited, Nestle S.A., Lactalis South Africa (Pty) Ltd., Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), Grupo Lala S.A.B. de C.V. , Royal FrieslandCampina N.V., The Hangzhou Wahaha Group Co. Ltd., Karnataka Cooperative Milk Producers Federation Ltd., Want Want Holdings Limited, Danone S.A., Arla Foods amba, Bright Food (Group) Co. Ltd., Saputo Inc., Ganaderos Productores de Leche Pura S.A.P.I. de C.V., The Coca-Cola Company, Sodiaal SA (Societe de Diffusion Internationale Agro-alimentaire), Tamil Nadu Cooperative Milk Producers Federation Limited (TNCMPFL), Vietnam Dairy Products Joint Stock Company (Vinamilk), Laticinios Bela Vista Ltda., H&N JSC, National Dairy Development Board (NDDB), Kenvue Inc., Meiji Holdings Co. Ltd., Mastellone Hnos S.A., Fonterra Co-operative Group Limited, PepsiCo Inc., Seoul Dairy Cooperative Ltd., Rajasthan Co-operative Dairy Federation Ltd., Almarai Company, Beijing Sanyuan Foods Company Limited, Unternehmensgruppe Theo Muller S.e.c.s., New Hope Dairy Co. Ltd., Andhra Pradesh Dairy Development Cooperative Federation Limited (APDDCF), Shijiazhuang Junlebao Dairy Co. Ltd., Maharashtra Rajya Sahakari Dudh Mahasangh Maryadit (MRSDMM), Goiasminas Industria de Laticinios Ltda, Cooperativa de Productores de Leche Dos Pinos R.L., Kerala Co-operative Milk Marketing Federation (KCMMF) and Central Lechera Asturiana S.A.
This comprehensive report analyzes the performance of leading companies in the milk sector from 2020 to 2024. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Obtain precise statistical data and forecasts for the global milk market.
Gain in-depth analysis and forecasts for the key segments of the global milk market: product, distribution channel and region.
Gain deep insights into the dynamics of the global milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the global milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
Global Milk Market – Product Analysis
Global Milk Market – Distribution Channel Analysis
Global Milk Market – Region Analysis
Company Shares Analysis
Inner Mongolia Yili Industrial Group Co., Ltd.
China Mengniu Dairy Company Limited
Nestle S.A.
Lactalis South Africa (Pty) Ltd.
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Grupo Lala S.A.B. de C.V.
Royal FrieslandCampina N.V.
The Hangzhou Wahaha Group Co., Ltd.
Karnataka Cooperative Milk Producers Federation Ltd.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer
FIGURES AND TABLES
Table Global Milk Market 2020-2030
Chart Global Milk Market, Net Growth, 2020-2030
Chart Global Milk Market, Growth Rates, 2020-2030
Table Global Milk Market by Product, 2020-2030
Chart Global Milk Market by Product, CAGR Historic and Forecast, 2020-2030
Chart Global Milk Market by Product, 2020-2030
Table Global Milk Market by Distribution Channel, 2020-2030
Chart Global Milk Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart Global Milk Market by Distribution Channel, 2020-2030
Table Global Milk Market by Region, 2020-2030
Chart Global Milk Market by Region, CAGR Historic and Forecast, 2020-2030
Chart Global Milk Market by Region, 2020-2030
Table Global Milk Market Share (%), by Companies, 2020-2024
Chart Global Milk Market, by Companies, 2024
Table Global Milk Market Share (%), by Brands, 2020-2024
Chart Global Milk Market, by Brands, 2024
Table Global – Population (Millions) and Forecast
Table Global – Consumer Price Index (CPI) and Forecast
Table Global – Gross Domestic Product and Forecast
Table Global Milk Market: Spend as a Proportion of GDP (%)
Table Global Milk Market: Consumption per Capita (Population)
Inner Mongolia Yili Industrial Group Co., Ltd.
China Mengniu Dairy Company Limited
Nestle S.A.
Lactalis South Africa (Pty) Ltd.
Gujarat Co-operative Milk Marketing Federation Limited (GCMMF)
Grupo Lala S.A.B. de C.V.
Royal FrieslandCampina N.V.
The Hangzhou Wahaha Group Co., Ltd.
Karnataka Cooperative Milk Producers Federation Ltd.
Want Want Holdings Limited
Danone S.A.
Arla Foods amba
Bright Food (Group) Co., Ltd.
Saputo Inc.
Ganaderos Productores de Leche Pura, S.A.P.I. de C.V.
The Coca-Cola Company
Sodiaal SA (Societe de Diffusion Internationale Agro-alimentaire)
Tamil Nadu Cooperative Milk Producers Federation Limited (TNCMPFL)
Vietnam Dairy Products Joint Stock Company (Vinamilk)
Laticinios Bela Vista Ltda.
H&N JSC
National Dairy Development Board (NDDB)
Kenvue Inc.
Meiji Holdings Co., Ltd.
Mastellone Hnos S.A.
Fonterra Co-operative Group Limited
PepsiCo, Inc.
Seoul Dairy Cooperative Ltd.
Rajasthan Co-operative Dairy Federation Ltd.
Almarai Company
Beijing Sanyuan Foods Company Limited
Unternehmensgruppe Theo Muller S.e.c.s.
New Hope Dairy Co., Ltd.
Andhra Pradesh Dairy Development Cooperative Federation Limited (APDDCF)
Shijiazhuang Junlebao Dairy Co., Ltd.
Maharashtra Rajya Sahakari Dudh Mahasangh Maryadit (MRSDMM)
Goiasminas Industria de Laticinios Ltda
Cooperativa de Productores de Leche Dos Pinos R.L.
Kerala Co-operative Milk Marketing Federation (KCMMF)
Central Lechera Asturiana S.A.
| Product Type | Market Research |
|---|---|
| Region | Global |
| Published Date | 2025 |
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