The USD 5.48 billion global evaporated milk market was valued in 2021. This CAGR is projected to increase to 2.06% between 2022-2031. Volume is expected to increase by 2.6% in the forecast period.
Evaporated milk can also be called unsweetened milk in some countries. It does not contain sweetened condensed dairy products that are sweetened with sugar. After the milk has evaporated 60%, the process of homogenization, canning, and heat-sterilization is completed. Evaporated milk has iron, calcium, and vitamins C and A. It is healthier than fresh, condensed, and powdered milk.
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The Asia Pacific will continue its rapid growth. The market volume sales of Asia Pacific will reach 90,000. According to estimates, market growth will be assisted by increasing demand for healthy milk substitutes in developing countries, such as Thailand or Malaysia.
Manufacturers are constantly creating new evaporated milk products to meet the growing demand for organic dairy. To meet different customer needs, this milk is available in many containers. These factors are expected to drive the market.
Evaporated milk is growing in infant foods, dairy products, Bakeries, and other industries, driving global economic growth.
Negative effects on heart and diabetes
Sweetened condensed dairy cream is high in saturated and high-calorie. This could be harmful to those with diabetes and heart problems. Research has shown that insulin and LDL cholesterol levels could rise with a high intake of saturated fats. Heart disease is more common in those with high LDL cholesterol. Because the body cannot eliminate sugar, this can lead to type-2 diabetes. This can lead to insulin resistance. Type 2 Diabetes has increased in prevalence over the last three decades in countries of all incomes.
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Current and future market outlooks for the industry are based on recent developments. This includes opportunities for growth in emerging and advanced countries and their challenges and limitations.
- Fraser and Neave
- DANA Dairy
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- Delta Food Industries FZC
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- O-AT-KA Milk Products Cooperative
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