Insights on Milk Market within the Packaged Foods and Meats Sector | Proactive Initiatives Undertaken by Governments to Emerge as a Key Driver | Technavio
The global milk market is expected to grow at a CAGR of over 4% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.
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Technavio has announced its latest market research report titled Global Organic Milk Market 2020-2024 (Graphic: Business Wire)
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Governments across the world are undertaking various initiatives to promote organic dairy farming. The US government provides several benefits such as incentives, low-interest loans, and training programs to help farmers overcome challenges. For example, in September 2018, Pennsylvania Dairy Investment Program was launched in the US to support farmers to capitalize on new business opportunities such as in organic milk, cheese, and yogurt products and farming. Such initiatives are increasing the production of organic milk, thereby driving the growth of the market.
Milk Market: COVID-19 Impact Analysis on Related Markets
Global Milk Powder Market 2020-2024
Global Dairy Food Market 2020-2024
Global Processed Cheese Market 2020-2024
Milk Market: COVID-19 Impact Analysis on Parent Market
The global packaged foods and meats market is the parent market of the milk market. Within its scope, the packaged foods and meats market covers producers of packaged foods including dairy products, fruit juices, meats, poultry, fish, and pet foods. Our report on the milk market offers a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as analysis on several large and small vendors active in the market including Nestlé S.A., Danone S.A, Arla Foods amba, Groupe Lactalis, General Mills Inc., DANA Dairy Group Ltd., and Unilever.
Technavio’s research report on the milk market identifies the key drivers, trends, challenges, and the market scenario over the forecast period. The report also analyzes the impact of these factors on the overall packaged foods and meats market.
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Milk Market: Segmentation Analysis
The global milk market has been analyzed across various segments to identify market dynamics, developments, and key growth areas during the forecast period. The report also offers insights on high growth regions and opportunities for vendors operating in each sub-segment of the milk market. The market is segmented as follows:
Product
- Packaged milk
- Cheese
- Butter
- Yogurt
- Others
Distribution channel
- Supermarkets and hypermarkets
- Convenience stores
- Online retail
- Others
Geography
- APAC
- North America
- Europe
- South America
- MEA
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Vendor Landscape
Technavio’s industry coverage utilizes various sources and tools to gather information about multiple stakeholders and their offerings toward the milk market. Sources such as company websites, annual reports, whitepapers, subscription & in-house databases, industry journals, publications, and magazines are used in addition to other relevant sources. The vendor landscape provides a framework to estimate the packaged foods and meats market, while also categorizing the vendors into pure-play, category-focused, or diversified based on their offerings. All market reports provide the key and contributing players across the value chain based on in-house influence index, developed using multiple industry and market parameters.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201012005636/en/
