Global Sweet Condensed Milk Market by Type (Flavored, Unflavored), by Packaging Form (Pouch, Tetra Pack, Bottle, Can, Tube), by Packaging Size (Below 300 g, 301-400 g, 401-500 g, 501-1000 g, More than 1000 g), by Application (Household, Restaurant & Cafes, Infant Food Producers, Bakery, Confectionary), by Distribution Channel (Wholesalers/Distributors, Supermarket & Hypermarket, Departmental Stores, Convenience Stores, Online Retailing) and by Region (North America, Asia Pacific, Europe, Latin America, and Middle East & Africa)
Sweet Condensed Milk Market Market Outlook:
The global sweet condensed milk market was estimated at USD 6,814.9 Million in 2021 and is anticipated to reach USD 8,853.7 Million by 2030, expanding at a CAGR of 3.2% during the forecast period.
Sweet condensed milk provides nutritional benefits when consumed in appropriate quantities. Additionally, it contains important vitamins and minerals, such as calcium, potassium, magnesium, and Vitamin A, which improves the health of bones. Consumption of sweet condensed milk in tea and coffee is popular in many countries, such as the UK and Japan.
Sweet condensed milk is a popular ingredient in a wide variety of pastries, candies, and creamy drinks. Cow's milk is first concentrated by eliminating the water to create sweetened condensed milk, which is then sweetened with sugar, producing a highly sweet, thick substance that is off-white in color.
Sweet condensed milk is a product which is made by gently heating whole milk until about 60% of the water has evaporated, followed by the addition of sugar to around 45% (by weight) of the remaining milk. The product is a thick, sweet combination that is used to make a variety of dishes, including marinades, baked products, candies, desserts, and drinks.
Macro-economic Factors
Purchasing Power of Consumers
The purchasing power of a currency is the number of goods or services purchased by one unit of money. Purchasing power is determined by real income, which is income adjusted for inflation. Per capita income or an individual’s income is directly associated with the consumer’s purchasing power. The higher the income, the higher is the purchasing power. High purchasing power of consumers encourages them to spend on high-quality confectionary with improved taste and texture, such as sweet condensed milk.
Spending on Bakery Products
Condensed milk is a popular product for the preparation of desserts and beverages, as it has a thick, paste-like consistency. Sweet condensed milk imparts a smooth and creamy texture to rich desserts, which makes the end product tasty and sweet. Several people prefer consuming milk-based desserts for satisfying their sugar cravings. The average expenditure on bakery products in the US households amounts to USD 462. The average annual expenditure on bakery products rose by USD 70 dollars from 2018. High demand for desserts is expected to fuel the market during the forecast period.
Import & Export Scenario
Sweet condensed milk is gaining popularity in terms of its trade value, due to its ability to elevate taste and shelf life. In 2020, the key exporters of concentrated milk were New Zealand (USD 5.92B), the US (USD 2.18B), Germany (USD 1.71B), the Netherlands (USD 1.64B), and France (USD 1.13B). Key importers of concentrated milk were China (USD 3.37B), Algeria (USD 1.11B), the Netherlands (USD 949M), Mexico (USD 780M), and Saudi Arabia (USD 764M) with an approximate percentage of 15.7%, 5.1%, 4.4%, 3.6%, and 3.5% respectively for these countries The import and export scenario of sweet condensed milk reflects the positive growth of the market.
E-Commerce Retail Sales
E-commerce (or electronic commerce) is used for the online sale and purchase of goods and services. It includes a wide range of information, processes, and tools for online buyers and sellers, such as mobile shopping and online payment encryption. The number of online retailers has been growing consistently.
This growth is primarily attributed to the COVID-19 pandemic, which encouraged consumers to make online purchases instead of going to retail stores. Factors driving the e-commerce industry are low prices of goods, comprehensive product assortment, convenient transactions, and availability of a wide variety of products on online platforms.
Market Dynamics
Market Driver- Growing demand for desserts and beverages
The demand for desserts and beverages, such as ice creams, cakes, fudges, and truffles, is rising every year. Sweet condensed milk is used to make traditional truffles, known as brigadeiro, in Brazil. In the US and the UK, it is a vital ingredient in key lime pie and is often used to make fudge. In Southeast Asia, sweetened condensed milk is added to hot and cold coffee to enhance its flavor.
Most sweets receive their smooth, creamy texture from sweetened condensed milk, which enhances the flavor and sweetness of the end product. A majority of people prefer consuming milk-based desserts to satisfy their sugar cravings. Thus, the growing demand for desserts and beverages, especially those made with sweet condensed milk, is expected to drive the market.
Market Driver- Changing consumer dynamics for sweet condensed milk
The preference of people keeps changing with time in terms of food. People prefer bakery products with high nutritional value along with the high quality and taste of the particular product. Sweet condensed milk is one of the most popular products for elevating the taste of any confectionary or traditional food. Consumers tend to look at the label and packaging of products while making purchases.
The market in Asia Pacific is boosted by the increased consumption of sweet condensed milk. China and India dominate the market within this region, with the US and Europe as the major exporters of sweet condensed milk to this region. Countries such as Indonesia, the Philippines, and Vietnam are the major importers of sweet condensed milk from the US, due to the high domestic demand for sweet condensed milk in these countries. These factors are boosting the global sweet condensed milk market.
Market Restraint- Unsuitable for people with lactose intolerance
Lactose, the natural sugar in milk, cannot be fully absorbed by those who have lactose intolerance. Lactose intolerance is also known as lactose malabsorption and is typically not harmful. People with lactose intolerance suffer from diarrhea, gas, and bloating as a result of consuming dairy products.
Sweetened condensed milk includes both lactose and milk proteins, as it is prepared from cow's milk. Sweetened condensed milk is unsuitable for consumers if they are lactose-intolerant or allergic to milk proteins. A tiny amount of lactose dispersed throughout the day is tolerated by certain lactose-intolerant people. Sweetened condensed milk has a large amount of lactose, even in small amounts.
Market Opportunity- Innovations in traditional product packaging
Product packaging needs to be compatible with a broad range of processors. Additionally, the packaging must be compatible with the technological demands of the production facilities. Sterilized steel cans and drums are common packaging options for sweetened condensed milk. Various bag-in-box systems (BIB), such as one-way and reusable containers with capacities of up to 1,000 kg or small cartons with capacities of up to 25 kg, are becoming popular.
New solutions, including compact BIBs with a capacity of 5 kg or more, are in high demand among users. These solutions are bridging the gap between conventional consumer cans and standard bulk industrial containers.
Scope of Sweet Condensed Milk Market Report
The report on the global sweet condensed milk market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Sweet Condensed Milk Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2021 |
Historic Data |
2015 and 2020 |
Forecast Period |
2022–2030 |
Segmentation |
by Type (Flavored, Unflavored), by Packaging Form (Pouch, Tetra Pack, Bottle, Can, Tube), by Packaging Size (Below 300 g, 301-400 g, 401-500 g, 501-1000 g, More than 1000 g), by Application (Household, Restaurant & Cafes, Infant Food Producers, Bakery, Confectionary), and by Distribution Channel (Wholesalers/Distributors, Supermarket & Hypermarket, Departmental Stores, Convenience Stores, Online Retailing) |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Nestlé, Royal FrieslandCampina N.V, GCMMF, Vinamilk, Fraser & Neave Holdings Bhd , Eagle Family Foods LLC, Goya Foods, Inc, Belgorod Dairy Products OJSC, Santini Foods, Inc., and DANA DAIRY GROUP. |
Sweet Condensed Milk Market Segmental Outlook
Based on type, the sweet condensed milk market is segmented into flavored and unflavored. The flavored segment is expected to register high growth during the forecast period, owing to the increasing competition in the industry. Manufacturers are emphasizing on product innovations, such as adding flavors to increase the sales of sweet condensed milk. The high availability of unflavored condensed milk in the market is a key factor contributing to the growth of the unflavored segment.
On the basis of packaging form, the market is fragmented into pouch, tetra pack, bottle, can, and tube. The can segment is projected to expand at a significant rate during the forecast period. Metal cans are environmentally friendly and have inner coatings to prevent food spoilage from chemical reactions. Cans are seal packed, which prevents food spoilage during transport. This factor is anticipated to increase the product demand in the near future.
In terms of packaging size, the global sweet condensed milk market is classified into below 300 g, 301-400 g, 401-500 g, 501-1000 g, and more than 1000 g. The 301-400 g segment is projected to expand at a considerable CAGR during the forecast period. The rising demand for 301-400 g sweet condensed milk for household consumption and as a suitable alternative to regular milk in culinary applications such as desserts and beverages is driving the segment.
On the basis of application, the global sweet condensed milk market is segmented into household, restaurant & cafes, infant food producers, bakery, and confectionary. The bakery segment is projected to expand at a considerable CAGR during the forecast period. Bakeries use sweet condensed milk as one of the primary ingredients in various food items such as cookies and cupcakes. The consumption of bakery products is increasing, owing to its cost-effectiveness, health benefits, and convenience. These factors are anticipated to fuel the bakery segment during the forecast period.
On the basis of distribution channel, the global sweet condensed milk market is classified into wholesalers/distributors, supermarkets & hypermarkets, departmental stores, convenience stores, and online retailing. The online retailing segment is projected to expand at a considerable rate during the forecast period. Online retailing has increased consumer reach and has evolved as a key source of revenue for many companies. Supermarkets offer products at relatively low prices by using their buying power to buy goods from manufacturers at lower prices than retail stores.
Regional Outlook
Based on region, the market is separated into five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market in North America is projected to expand at a significant rate during the forecast period. The demand for sweet condensed milk products in desserts and confectioneries is increasing in the US and Canada.
The market in Europe is expected to expand at a significant growth rate, due to the improved dairy products in countries such as Germany and Poland.
The market in Asia Pacific is expected to grow at a rapid pace during the forecast period. The product is used in many traditional dishes in Asia Pacific.
Latin America is anticipated to hold a considerable share of the global market, owing to the increasing interest of millennials in the preparation of cakes and desserts.
The market in the Middle East & Africa is projected to expand at a substantial pace, due to the high demand for sweet condensed milk by desserts and confectioneries manufacturers.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Sweet Condensed Milk Market
- Historical, Current, and Projected Market Size in terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints, and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Sweet Condensed Milk Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sweet Condensed Milk Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sweet Condensed Milk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sweet Condensed Milk Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sweet Condensed Milk Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sweet Condensed Milk Market Size & Forecast, 2015-2030
4.5.1 Sweet Condensed Milk Market Size and Y-o-Y Growth
4.5.2 Sweet Condensed Milk Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, 2015-2030
4.7 Global Sweet Condensed Milk Market: Impact Of Key Regulations
4.8 Top of Mind Brands: Global Sweet Condensed Milk
4.8.1 Consumer Trends & Preferences
4.8.2 Consumer Production Adoption Snapshot by Major Regions
4.8.3 Factors Affecting Buying Decision
4.9 Consumer Purchase Pattern Analysis
4.10 B2C Product Packaging Analysis
4.11 Global Sweet Condensed Milk Market Competitive Analysis (Consumption vs Production)
Chapter 5 Global Sweet Condensed Milk Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Sweet Condensed Milk Market Size & Volume Forecast By Type
5.2.1 Flavored
5.2.2 Unflavored
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Sweet Condensed Milk Market Analysis and Forecast By Packaging Form
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Packaging Form
6.1.2 Basis Point Share (BPS) Analysis By Packaging Form
6.1.3 Absolute $ Opportunity Assessment By Packaging Form
6.2 Sweet Condensed Milk Market Size & Volume Forecast By Packaging Form
6.2.1 Pouch
6.2.2 Tetra Pack
6.2.3 Bottle
6.2.4 Can
6.2.5 Tube
6.3 Market Attractiveness Analysis By Packaging Form
Chapter 7 Global Sweet Condensed Milk Market Analysis and Forecast By Packaging Size
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Packaging Size
7.1.2 Basis Point Share (BPS) Analysis By Packaging Size
7.1.3 Absolute $ Opportunity Assessment By Packaging Size
7.2 Sweet Condensed Milk Market Size & Volume Forecast By Packaging Size
7.2.1 Below 300 g
7.2.2 301-400 g
7.2.3 401-500 g
7.2.4 501-1000 g
7.2.5 More than 1000 g
7.3 Market Attractiveness Analysis By Packaging Size
Chapter 8 Global Sweet Condensed Milk Market Analysis and Forecast By Application
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities By Application
8.1.2 Basis Point Share (BPS) Analysis By Application
8.1.3 Absolute $ Opportunity Assessment By Application
8.2 Sweet Condensed Milk Market Size & Volume Forecast By Application
8.2.1 Households
8.2.2 Restaurant & Cafes
8.2.3 Infant Food Producers
8.2.4 Bakery
8.2.5 Confectionary
8.3 Market Attractiveness Analysis By Application
Chapter 9 Global Sweet Condensed Milk Market Analysis and Forecast By Distribution Channel
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities By Distribution Channel
9.1.2 Basis Point Share (BPS) Analysis By Distribution Channel
9.1.3 Absolute $ Opportunity Assessment By Distribution Channel
9.2 Sweet Condensed Milk Market Size & Volume Forecast By Distribution Channel
9.2.1 Wholesalers/Distributors
9.2.2 Supermarket & Hypermarket
9.2.3 Departmental Stores
9.2.4 Convenience Stores
9.2.5 Online Retailing
9.3 Market Attractiveness Analysis By Distribution Channel
Chapter 10 Global Sweet Condensed Milk Market Analysis and Forecast by Region
10.1 Introduction
10.1.1 Key Market Trends & Growth Opportunities by Region
10.1.2 Basis Point Share (BPS) Analysis by Region
10.1.3 Absolute $ Opportunity Assessment by Region
10.2 Sweet Condensed Milk Market Size & Volume Forecast by Region
10.2.1 North America
10.2.2 Europe
10.2.3 Asia Pacific
10.2.4 Latin America
10.2.5 Middle East & Africa (MEA)
10.3 Market Attractiveness Analysis by Region
Chapter 11 Coronavirus Disease (COVID-19) Impact
11.1 Introduction
11.2 Current & Future Impact Analysis
11.3 Economic Impact Analysis
11.4 Government Policies
11.5 Investment Scenario
Chapter 12 North America Sweet Condensed Milk Analysis and Forecast
12.1 Introduction
12.2 North America Sweet Condensed Milk Market Size & Volume Forecast by Country
12.2.1 U.S.
12.2.2 Canada
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 North America Sweet Condensed Milk Market Size & Volume Forecast By Type
12.6.1 Flavored
12.6.2 Unflavored
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 North America Sweet Condensed Milk Market Size & Volume Forecast By Packaging Form
12.10.1 Pouch
12.10.2 Tetra Pack
12.10.3 Bottle
12.10.4 Can
12.10.5 Tube
12.11 Basis Point Share (BPS) Analysis By Packaging Form
12.12 Absolute $ Opportunity Assessment By Packaging Form
12.13 Market Attractiveness Analysis By Packaging Form
12.14 North America Sweet Condensed Milk Market Size & Volume Forecast By Packaging Size
12.14.1 Below 300 g
12.14.2 301-400 g
12.14.3 401-500 g
12.14.4 501-1000 g
12.14.5 More than 1000 g
12.15 Basis Point Share (BPS) Analysis By Packaging Size
12.16 Absolute $ Opportunity Assessment By Packaging Size
12.17 Market Attractiveness Analysis By Packaging Size
12.18 North America Sweet Condensed Milk Market Size & Volume Forecast By Application
12.18.1 Households
12.18.2 Restaurant & Cafes
12.18.3 Infant Food Producers
12.18.4 Bakery
12.18.5 Confectionary
12.19 Basis Point Share (BPS) Analysis By Application
12.20 Absolute $ Opportunity Assessment By Application
12.21 Market Attractiveness Analysis By Application
12.22 North America Sweet Condensed Milk Market Size & Volume Forecast By Distribution Channel
12.22.1 Wholesalers/Distributors
12.22.2 Supermarket & Hypermarket
12.22.3 Departmental Stores
12.22.4 Convenience Stores
12.22.5 Online Retailing
12.23 Basis Point Share (BPS) Analysis By Distribution Channel
12.24 Absolute $ Opportunity Assessment By Distribution Channel
12.25 Market Attractiveness Analysis By Distribution Channel
Chapter 13 Europe Sweet Condensed Milk Analysis and Forecast
13.1 Introduction
13.2 Europe Sweet Condensed Milk Market Size & Volume Forecast by Country
13.2.1 Germany
13.2.2 France
13.2.3 Italy
13.2.4 U.K.
13.2.5 Spain
13.2.6 Russia
13.2.7 Rest of Europe
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Europe Sweet Condensed Milk Market Size & Volume Forecast By Type
13.6.1 Flavored
13.6.2 Unflavored
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Europe Sweet Condensed Milk Market Size & Volume Forecast By Packaging Form
13.10.1 Pouch
13.10.2 Tetra Pack
13.10.3 Bottle
13.10.4 Can
13.10.5 Tube
13.11 Basis Point Share (BPS) Analysis By Packaging Form
13.12 Absolute $ Opportunity Assessment By Packaging Form
13.13 Market Attractiveness Analysis By Packaging Form
13.14 Europe Sweet Condensed Milk Market Size & Volume Forecast By Packaging Size
13.14.1 Below 300 g
13.14.2 301-400 g
13.14.3 401-500 g
13.14.4 501-1000 g
13.14.5 More than 1000 g
13.15 Basis Point Share (BPS) Analysis By Packaging Size
13.16 Absolute $ Opportunity Assessment By Packaging Size
13.17 Market Attractiveness Analysis By Packaging Size
13.18 Europe Sweet Condensed Milk Market Size & Volume Forecast By Application
13.18.1 Households
13.18.2 Restaurant & Cafes
13.18.3 Infant Food Producers
13.18.4 Bakery
13.18.5 Confectionary
13.19 Basis Point Share (BPS) Analysis By Application
13.20 Absolute $ Opportunity Assessment By Application
13.21 Market Attractiveness Analysis By Application
13.22 Europe Sweet Condensed Milk Market Size & Volume Forecast By Distribution Channel
13.22.1 Wholesalers/Distributors
13.22.2 Supermarket & Hypermarket
13.22.3 Departmental Stores
13.22.4 Convenience Stores
13.22.5 Online Retailing
13.23 Basis Point Share (BPS) Analysis By Distribution Channel
13.24 Absolute $ Opportunity Assessment By Distribution Channel
13.25 Market Attractiveness Analysis By Distribution Channel
Chapter 14 Asia Pacific Sweet Condensed Milk Analysis and Forecast
14.1 Introduction
14.2 Asia Pacific Sweet Condensed Milk Market Size & Volume Forecast by Country
14.2.1 China
14.2.2 Japan
14.2.3 South Korea
14.2.4 India
14.2.5 Australia
14.2.6 South East Asia (SEA)
14.2.7 Rest of Asia Pacific (APAC)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Asia Pacific Sweet Condensed Milk Market Size & Volume Forecast By Type
14.6.1 Flavored
14.6.2 Unflavored
14.7 Basis Point Share (BPS) Analysis By Type
14.8 Absolute $ Opportunity Assessment By Type
14.9 Market Attractiveness Analysis By Type
14.10 Asia Pacific Sweet Condensed Milk Market Size & Volume Forecast By Packaging Form
14.10.1 Pouch
14.10.2 Tetra Pack
14.10.3 Bottle
14.10.4 Can
14.10.5 Tube
14.11 Basis Point Share (BPS) Analysis By Packaging Form
14.12 Absolute $ Opportunity Assessment By Packaging Form
14.13 Market Attractiveness Analysis By Packaging Form
14.14 Asia Pacific Sweet Condensed Milk Market Size & Volume Forecast By Packaging Size
14.14.1 Below 300 g
14.14.2 301-400 g
14.14.3 401-500 g
14.14.4 501-1000 g
14.14.5 More than 1000 g
14.15 Basis Point Share (BPS) Analysis By Packaging Size
14.16 Absolute $ Opportunity Assessment By Packaging Size
14.17 Market Attractiveness Analysis By Packaging Size
14.18 Asia Pacific Sweet Condensed Milk Market Size & Volume Forecast By Application
14.18.1 Households
14.18.2 Restaurant & Cafes
14.18.3 Infant Food Producers
14.18.4 Bakery
14.18.5 Confectionary
14.19 Basis Point Share (BPS) Analysis By Application
14.20 Absolute $ Opportunity Assessment By Application
14.21 Market Attractiveness Analysis By Application
14.22 Asia Pacific Sweet Condensed Milk Market Size & Volume Forecast By Distribution Channel
14.22.1 Wholesalers/Distributors
14.22.2 Supermarket & Hypermarket
14.22.3 Departmental Stores
14.22.4 Convenience Stores
14.22.5 Online Retailing
14.23 Basis Point Share (BPS) Analysis By Distribution Channel
14.24 Absolute $ Opportunity Assessment By Distribution Channel
14.25 Market Attractiveness Analysis By Distribution Channel
Chapter 15 Latin America Sweet Condensed Milk Analysis and Forecast
15.1 Introduction
15.2 Latin America Sweet Condensed Milk Market Size & Volume Forecast by Country
15.2.1 Brazil
15.2.2 Mexico
15.2.3 Rest of Latin America (LATAM)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Latin America Sweet Condensed Milk Market Size & Volume Forecast By Type
15.6.1 Flavored
15.6.2 Unflavored
15.7 Basis Point Share (BPS) Analysis By Type
15.8 Absolute $ Opportunity Assessment By Type
15.9 Market Attractiveness Analysis By Type
15.10 Latin America Sweet Condensed Milk Market Size & Volume Forecast By Packaging Form
15.10.1 Pouch
15.10.2 Tetra Pack
15.10.3 Bottle
15.10.4 Can
15.10.5 Tube
15.11 Basis Point Share (BPS) Analysis By Packaging Form
15.12 Absolute $ Opportunity Assessment By Packaging Form
15.13 Market Attractiveness Analysis By Packaging Form
15.14 Latin America Sweet Condensed Milk Market Size & Volume Forecast By Packaging Size
15.14.1 Below 300 g
15.14.2 301-400 g
15.14.3 401-500 g
15.14.4 501-1000 g
15.14.5 More than 1000 g
15.15 Basis Point Share (BPS) Analysis By Packaging Size
15.16 Absolute $ Opportunity Assessment By Packaging Size
15.17 Market Attractiveness Analysis By Packaging Size
15.18 Latin America Sweet Condensed Milk Market Size & Volume Forecast By Application
15.18.1 Households
15.18.2 Restaurant & Cafes
15.18.3 Infant Food Producers
15.18.4 Bakery
15.18.5 Confectionary
15.19 Basis Point Share (BPS) Analysis By Application
15.20 Absolute $ Opportunity Assessment By Application
15.21 Market Attractiveness Analysis By Application
15.22 Latin America Sweet Condensed Milk Market Size & Volume Forecast By Distribution Channel
15.22.1 Wholesalers/Distributors
15.22.2 Supermarket & Hypermarket
15.22.3 Departmental Stores
15.22.4 Convenience Stores
15.22.5 Online Retailing
15.23 Basis Point Share (BPS) Analysis By Distribution Channel
15.24 Absolute $ Opportunity Assessment By Distribution Channel
15.25 Market Attractiveness Analysis By Distribution Channel
Chapter 16 Middle East & Africa (MEA) Sweet Condensed Milk Analysis and Forecast
16.1 Introduction
16.2 Middle East & Africa (MEA) Sweet Condensed Milk Market Size & Volume Forecast by Country
16.2.1 Saudi Arabia
16.2.2 South Africa
16.2.3 UAE
16.2.4 Rest of Middle East & Africa (MEA)
16.3 Basis Point Share (BPS) Analysis by Country
16.4 Absolute $ Opportunity Assessment by Country
16.5 Market Attractiveness Analysis by Country
16.6 Middle East & Africa (MEA) Sweet Condensed Milk Market Size & Volume Forecast By Type
16.6.1 Flavored
16.6.2 Unflavored
16.7 Basis Point Share (BPS) Analysis By Type
16.8 Absolute $ Opportunity Assessment By Type
16.9 Market Attractiveness Analysis By Type
16.10 Middle East & Africa (MEA) Sweet Condensed Milk Market Size & Volume Forecast By Packaging Form
16.10.1 Pouch
16.10.2 Tetra Pack
16.10.3 Bottle
16.10.4 Can
16.10.5 Tube
16.11 Basis Point Share (BPS) Analysis By Packaging Form
16.12 Absolute $ Opportunity Assessment By Packaging Form
16.13 Market Attractiveness Analysis By Packaging Form
16.14 Middle East & Africa (MEA) Sweet Condensed Milk Market Size & Volume Forecast By Packaging Size
16.14.1 Below 300 g
16.14.2 301-400 g
16.14.3 401-500 g
16.14.4 501-1000 g
16.14.5 More than 1000 g
16.15 Basis Point Share (BPS) Analysis By Packaging Size
16.16 Absolute $ Opportunity Assessment By Packaging Size
16.17 Market Attractiveness Analysis By Packaging Size
16.18 Middle East & Africa (MEA) Sweet Condensed Milk Market Size & Volume Forecast By Application
16.18.1 Households
16.18.2 Restaurant & Cafes
16.18.3 Infant Food Producers
16.18.4 Bakery
16.18.5 Confectionary
16.19 Basis Point Share (BPS) Analysis By Application
16.20 Absolute $ Opportunity Assessment By Application
16.21 Market Attractiveness Analysis By Application
16.22 Middle East & Africa (MEA) Sweet Condensed Milk Market Size & Volume Forecast By Distribution Channel
16.22.1 Wholesalers/Distributors
16.22.2 Supermarket & Hypermarket
16.22.3 Departmental Stores
16.22.4 Convenience Stores
16.22.5 Online Retailing
16.23 Basis Point Share (BPS) Analysis By Distribution Channel
16.24 Absolute $ Opportunity Assessment By Distribution Channel
16.25 Market Attractiveness Analysis By Distribution Channel
Chapter 17 Competition Landscape
17.1 Sweet Condensed Milk Market: Competitive Dashboard
17.2 Global Sweet Condensed Milk Market: Market Share Analysis, 2021
17.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
17.3.1 Nestlé
17.3.2 Royal FrieslandCampina N.V
17.3.3 GCMMF
17.3.4 Vinamilk
17.3.5 Fraser & Neave Holdings Bhd
17.3.6 Eagle Family Foods LLC
17.3.7 Goya Foods, Inc
17.3.8 Belgorod Dairy Products OJSC
17.3.9 Santini Foods, Inc
17.3.10 DANA DAIRY GROUP