North America Milk Market to Hit Us$35.8 Bn by 2019: Transparency Market Research

Transparency Market

Research

North America Milk Market - Scenario, Industry Analysis, Size,

Share, Growth, Trends, and Forecast, 2013 - 2019

Published Date

07-07-2014

80 Page Report

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Press Release

North America Milk Market to Exhibit 3.50% CAGR from 2013 to 2019

thanks to Increasing Distribution Channels

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North America Milk Market

REPORT DESCRIPTION

A new market research report has been recently published by Transparency Market Research, a U.S.-based

market research and intelligence firm. The research report provides an in-depth analysis of the milk market

in North America, including market overview, product segmentation, and competitive analysis. The

research report is titled “North America Milk Market - Scenario, Industry Analysis, Size, Share, Growth,

Trends, and Forecast, 2013 - 2019”.According to the report, in 2012, the North America milk market stood

at US$27.81 billion and in 2013, it was valued at US$29.1 billion. Going further, the milk market is

projected to touch US$35.8 billion by the end of 2019, growing significantly at a 3.5% CAGR between 2013

and 2019. In terms of volume of milk consumption, in 2013, the North America milk market was pegged at

17.96 billion kg and is estimated to grow to 21.05 billion kg by the end of 2019, growing positively at a

2.13% CAGR through the forecast period.

According to TMR, the growth of the North America milk market is largely supported by a strong milk

distribution network that ensures the easy availability of milk in retail stores. Consumers are increasingly

wary of the nutritional value of food products that they consume, making milk one of the preferred sources

of nutrition, especially calcium. The milk market in North America is also expected to be buoyed by a...