Rising Demand for Evaporated Milk Spurs Change in Food and Beverage Industries, says Market.us

Nikhil Randhe
Nikhil Randhe

Updated · Jan 11, 2023

SHARE:

Scoop.market.us is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more.
close
Advertiser Disclosure

At Market.us Scoop, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Our data is available to the public free of charge, and we encourage you to use it to inform your personal or business decisions. If you choose to republish our data on your own website, we simply ask that you provide a proper citation or link back to the respective page on Market.us Scoop. We appreciate your support and look forward to continuing to provide valuable insights for our audience.

Evaporated milk is also known as “unsweetened milk” in certain countries. It’s a shelf-stable canned product made from cow’s milk. This is different from sweetened condensed, which has added sugar. Because sweetened condensed milk inhibits bacterial growth, it requires less processing.

Unsweetened condensed milk is also available to consumers. It is made from evaporated milk. Evaporated milk is gaining popularity because it is used in many end-use foods and beverages, such as coffee and shakes.

According to research by Market.us, “The Global Market for Evaporated Milk was USD 1 billion in 2022. It is expected to reach USD 1.28 billion by 2032. This projection represents a 2.5% increase in CAGR over the 2022-2032 period.”

Evaporated Milk Market Growth

Market growth can be attributed mainly to factors like a wide range of downstream applications, high nutrition value, and long shelf life, as well as a low price. The demand for evaporated milk is also increasing due to evolving culinary trends.

Gaurav Yadav, a senior research analyst at Market.us, said, “Domestic reasons are driving up the demand for evaporated milk in worldwide evaporated milk industries. Evaporated milk is also in high demand by the food and beverage industries. Evaporated milk is used frequently in the food industry as well as the production of milk-based drinks.”

The makers are creating new evaporated milk products in response to growing organic demand. This milk comes in many containers to meet customers’ diverse needs. These factors will drive the market.

In the domestic market, there is a rising demand for evaporated dairy milk. Evaporated milk is in high demand in the food and beverage industry. Evaporated milk is also in high demand in the confectionery and bakery industries.

Evaporated milk is used primarily in the food and beverage industry to make milk-based beverages and processed food. Evaporated milk is also used in baby food. There is a rising demand for evaporated dairy in bakery products and milk-based confections in the bakery and confectionery sectors.

Sweetened condensed milk has high calories but high levels of saturated fat. This is dangerous for those with diabetes or heart problems. Studies show that a diet high in saturated fats may cause insulin and LDL cholesterol levels to rise.

High levels of LDL cholesterol are associated with more cardiovascular problems. The body may be unable to eliminate the sugar that causes type 2. It may also lead to an increase in insulin resistance. In countries of all income levels, type 2 diabetes has become more common in the last three decades.

Because of westernization and the fast pace of life, coffee has been a popular choice. Evaporated milk is being used in many different food recipes and drinks, which is why there are more cafes, hotels, and restaurants that offer it. Evaporated milk is becoming more popular as an emergency supply of milk due to the increasing popularity of flavor inspiration.

Evaporated milk can be used as a substitute if dairy products are unavailable. This is because it does not cause deterioration or diseases common in dairy products that have expired. Consumers and food service workers prefer evaporated varieties because they are less expensive than dairy whiteners.

SHARE:
Nikhil Randhe

Nikhil Randhe

I am Nikhil, working as a Digital Marketing Associate at Prudour Pvt Ltd. I did a Master's in Digital Marketing and worked in a Core SEO team. I an passionate about Digital Marketing with skills such as Search Engine Optimisation, Search Engine Marketing, Google Analytics, etc.