Milk
is an important part of daily diet due to its high nutritional value
and health benefits. The product types of milk include buttermilk,
powder milk, flavored milk and liquid milk. Presently, growing health
concerns, changing taste and preference for healthy food are some of
the major factors driving the milk market in North America. In terms
of competition among the milk processors, the market share of private
label is steadily rising in Canada and Mexico due to low price and
high quality milk. Moreover, consumers in North America prefer to buy
private label brands milk to national brands due to their cost
effectiveness. In the U.S. private label brands have witnessed
substantial increase in their market share over the last few years.
North America milk market is highly fragmented and competition among
private labels and major national players would result in product
innovation.The market is expected to grow at a single digit CAGR over
the next six years.
The
milk market in North America is segmented on the basis of types of
milk and countries. Concentrated or flavored milk is among the most
popular milks in North America due to its availability in various
flavors such as, chocolate, coffee, vanilla, butterscotch and others.
In addition, sugar content in flavoured milk acts as a preservative
and increases its shelf life.
Browse
full North
America Milk Market
report
at:http://www.transparencymarketresearch.com/north-america-milk-market.html
The
report also includes the drivers, restraints and opportunities
(DROs), Porter’s five forces analysis and value chain of the milk
market. Porters provide framework to analyze level of competition
within an industry and business strategy development. It helps to
derive five forces that determine the competitive intensity and
therefore attractiveness of a market. The study highlights current
market trends and provides the forecast from 2013 to 2019.
By
country the market has been segmented into the U.S., Canada and
Mexico. The present market size and forecast till 2019 is covered in
the report. The report also analyzes macro economic factors
influencing and inhibiting the growth of milk market. Porter’s five
forces analysis offers insights on market competition throughout its
value chain. In addition, the market attractiveness analysis provided
in the report highlights key investing areas in this industry. The
market size of liquid milk is expected to grow at a higher rate over
the next years and it is the most attractive market. Concentrated
milk is expected to emerge as the second most preferred milk after
liquid milk, as its availability in different flavours attracts the
consumers. The presence of substitutes for buttermilk such as
drinking yogurt and flavoured milk among others is expected to reduce
the attractiveness of the buttermilk in the forecast period. This
report is for manufacturers, suppliers and distributors in this
industry. The focus is to provide the present and future trends in
this market and formulate their strategies accordingly.
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North
America soy and almond milk are the most considered dairy alternative
beverages. The health benefits of these products include digestion,
immunity and they have low fat content. Therefore, they are
considered as efficient substitutes to milk. The U.S. is the major
market for dairy alternative beverages, while in Canada and Mexico
animal milk is preferred over plant milk. The market is categorized
into the following segments:
Milk
Market by Type
- The different types covered under this research study are defined as follows:
- Butter Milk
- Concentrated Milk
- Liquid Milk
- Powder milk
- North America Milk Market by Countries
The
different countries covered under this research study are defined as
follows:
- The U.S.
- Canada
- Mexico
The
in-depth research and high level analysis will allow milk vendors to
make informed decisions about the milk market, formulate growth
strategies and gain competitive advantage.
Browse
the full Press
Release:http://www.transparencymarketresearch.com/pressrelease/north-america-milk-market.htm
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