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Due to intensified competition with other beverages and a low proportion of children in the United States, per capita consumption of water milk has gradually declined. According to the Economic Research Service (ERS), per capita consumption of liquid milk in 2016 was £ 154.
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By packaging, the liquid milk market can be divided into Tetra Pak, PET bottles and jars, glass bottles and jars, carton pouches and more. Among these, PET bottles, jars and Tetra Pak are the market leaders. Carton pouches are expected to grow on a large scale during the forecast period.
Distribution channels allow the liquid milk market to be divided into direct and indirect sales channels. Indirect sales channels can be further subdivided into modern trade formats, department stores, specialty stores, convenience stores, online retail, and other retail formats.
By region, the Fluid Milk market can be divided into five distinctive regions, including North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. From these segments, North America leads the liquid milk market and is one of the largest milk producers in the world, followed by the Asia Pacific region. In 2016, the United States supplied approximately £ 212 billion of liquid milk domestically and internationally.
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Apart from all the benefits, the existence of alternatives on the market is hampering the growth of the liquid milk market. Vegan consumers and lactose intolerant consumers also prefer to avoid dairy-based products. As a result, the liquid milk market is stable.
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A major player in the liquid milk market
The growing demand for liquid milk in the market has led manufacturers to manufacture and distribute their products in the market. Leading manufacturers of the fluid milk market include Nestle SA, The Danone Company Inc., Sapt Inc., Land O’Lakes Inc., Dean Foods Company, Daily Farmers of America Inc. and Schriever Foods.
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