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Home   Food and Beverages    Milk and Cream

Milk and Cream

Global demand for milk and cream is forecast to expand 1.9% p.a. between 2016 and 2020. Currently, milk (not concentrated, not sweetened, less than 1% fat) accounts for 1.9% of the global demand while the remaining market share is divided between milk (not concentrated, not sweetened, 1-6% fat) (11.4%), milk (not concentrated, not sweetened, more than 6% fat) (5.8%), milk powder (less than 1.5% fat) (43.3%), milk and cream powder (unsweetened, more than 1.5% fat) (29.1%), milk and cream powder (sweetened, more than 1.5% fat) (1.7%), milk and cream (unsweetened, concentrated) (3.2%) and other milk and cream (3.7%).

Brazil, China, Egypt, India and the United States are considered the highest potential markets in the coming years. Brazil, China, Germany, India and the United States represent the largest milk and cream markets while the strongest annual growth is forecast to occur in Egypt (12.0%), Tanzania (10.4%), Bangladesh (9.8%), India (9.4%) and Vietnam (8.7%).

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