A
new market research report has been recently published by
Transparency Market Research, a U.S.-based market research and
intelligence firm. The research report provides an in-depth analysis
of the milk market in North America, including market overview,
product segmentation, and competitive analysis. The research report
is titled “North America Milk Market - Scenario, Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2013 – 2019”.
Browse
the full North America Milk Market - Scenario, Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2013 - 2019 report at
http://www.transparencymarketresearch.com/north-america-milk-market.html
According
to the report, in 2012, the North America milk market stood at
US$27.81 billion and in 2013, it was valued at US$29.1 billion. Going
further, the milk market is projected to touch US$35.8 billion by the
end of 2019, growing significantly at a 3.5% CAGR between 2013 and
2019. In terms of volume of milk consumption, in 2013, the North
America milk market was pegged at 17.96 billion kg and is estimated
to grow to 21.05 billion kg by the end of 2019, growing positively at
a 2.13% CAGR through the forecast period.
Rising
health concerns among consumers, increasing demand for new and
innovative products such as flavored milk, and widening distribution
channels such as hypermarkets and supermarkets are some of the major
factors expected to fuel the growth of the North America milk market
in the forecast period. On the other hand, availability of a wide
range of substitutes such as almond milk, soy milk, and others, and
short shelf life of milk and dairy products are the restraining
factors anticipated to curb the growth of this market in the coming
years.On the basis of products, the North America milk market has
been segmented into powder milk, liquid milk, butter milk, and
concentrated milk. Among all the product categories, concentrated
milk is growing rapidly in the North America milk market. This
segment is estimated to grow progressively at a 3.47% CAGR in the
forecast period. On the other side, the liquid milk segment is also
anticipated to grow significantly in the coming years, owing to the
rising awareness among consumers regarding the health and daily
nutritional requirement of the human body.
Browse
the full Press Release Report:
http://www.transparencymarketresearch.com/pressrelease/north-america-milk-market.htm
For
the purpose of geographical study, the North America milk market has
been segmented into three regions, namely Mexico, the U.S., and
Canada. Among these regions, the U.S. is the biggest producer of milk
and other dairy products. The rising demand from the U.S. can be
attributed to increasing health issues and need for food that
contains high levels of nutrients.
Furthermore,
the research report discusses the competitive landscape of the North
America milk market. In 2013, in the U.S., the Dairy Farmers of
America accounted for the largest market share. Some of the prominent
players operating in Canada are Neilson, Dairy land, and Parmalat,
which held the largest share of the market in 2013. In the same year,
GrupoLala led the market in Mexico. Some of the other leading players
in the North America milk market are Saputo Inc., Dean Foods Co., and
Groupe Danone.
Request
a Brochure of this Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=2562
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants
use proprietary data sources and various tools and techniques to
gather and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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