Global Non Perishable Milk Market Size To Exceed USD 362.4 Billion by 2035| CAGR of 5.53%
Category: Semiconductors & ElectronicsAccording to a research report published by Spherical Insights & Consulting, The Global Non Perishable Milk Market Size is Expected To Grow from USD 200.45 Billion in 2024 to USD 362.4 Billion by 2035, at a CAGR of 5.53% during the Forecast Period 2025-2035.
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Browse key industry insights spread across 240 pages with 120 Market data tables and figures & charts from the report on the "Global Non Perishable Milk Market Size, Share, and COVID-19 Impact Analysis, By Product Type (UHT Milk, Evaporated Milk, Sweetened Condensed Milk, Powdered Milk, and Others), By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Convenience Stores, Online Retail, Foodservice, Direct Sales (B2B), and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/press-release/people-counting-system-market
The manufacture, distribution, and sale of milk products with long shelf lives and no refrigeration needs mostly ultra-high temperature (UHT) processed milk and powdered milk are all included in the non-perishable milk market. This includes types such as powdered milk, condensed milk, evaporated milk, and ultra-high temperature (UHT) milk. To ensure microbiological safety and stability over time, these items undergo specific heat or dehydration procedures. The market covers a broad range of applications, such as food service, industrial use, and domestic use, especially in areas with poor access to cold storage facilities. Growing urbanization and the desire for easy, shelf-stable dairy products, are driving the non-perishable milk market. Product quality and accessibility are improved by technological developments in UHT and powder processing. The demand for fortified milk varieties is driven by rising nutritional consciousness. Dairy production and exports are encouraged by supportive government policies in nations like China and India. The increase in e-commerce and rising dairy consumption worldwide further drive market expansion, guaranteeing a steady demand for non-perishable milk. However, growth is restricted by high production costs, strict restrictions, a lack of cold chain infrastructure, a preference for fresh milk, and environmental concerns about packaging waste.
The UHT milk segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the non perishable milk market is divided into UHT milk, evaporated milk, sweetened condensed milk, powdered milk, and others. Among these, the UHT milk segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. UHT milk's position in the market has been strengthened by its adaptability for export markets and emergency food supply programs.
The supermarkets & hypermarkets segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the distribution channel, the non perishable milk market is divided into supermarkets & hypermarkets, specialty stores, convenience stores, online retail, foodservice, direct sales (B2B), and others. Among these, the supermarkets & hypermarkets segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The convenience of one-stop shopping, competitive price, and the broad availability of a variety of product offerings are the main reasons for the supermarket and hypermarket market.
Asia Pacific is expected to hold the majority share of the global non perishable milk market during the forecast period.
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Asia Pacific is expected to hold the majority share of the global non perishable milk market during the forecast period. The adoption of non-perishable milk is further supported by the lack of cold chain infrastructure in developing nations. Dairy production and consumption are increased by supportive government policies, but non-perishables are further favored by the region's inadequate cold chain infrastructure.
North America is anticipated to grow at the fastest pace in the global non perishable milk market during the forecast period. North America is the region with the fastest growth rate in the global non-perishable milk industry, owing to these factors combined. Despite its importance, North America's growth is slower due to its developed cold chain infrastructure, mature markets, and fresh dairy preferences of non-perishable milk.
Major vendors in the global non perishable milk market are Nestlé, Fonterra, Danone, Arla Foods, FrieslandCampina, Lactalis International, local/regional cooperatives, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In June 2024, In Gazipur, Bangladesh, Arla Foods Bangladesh, the regional division of the global dairy corporation, launched a new UHT milk production plant. The plant is anticipated to set a new standard for the nation's safe and ecologically conscious dairy production with a strong dedication to providing reasonably priced nutrition, due to a total investment of Euro 15 million made in partnership with Mutual Group.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the non perishable milk market based on the below-mentioned segments:
Global Non Perishable Milk Market, By Product Type
- UHT Milk
- Evaporated Milk
- Sweetened Condensed Milk
- Powdered Milk
- Others
Global Non Perishable Milk Market, By Distribution Channel
- Supermarkets & Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retail
- Foodservice
- Direct Sales (B2B)
- Others
Global Non Perishable Milk Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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