Market size in 2024 | US$ 412.6 million |
Forecast Market size by | US$ N/A |
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United States Unsweetened Condensed Milk market size was valued at US$ 412.6 million in 2024 and is projected to reach US$ 531.17 million by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.
A concentrated form of milk with water removed but no sugar added, used in cooking and baking as a lower-sugar alternative to traditional sweetened condensed milk.
The U.S. Unsweetened Condensed Milk market is growing steadily, driven by increasing consumer demand for lower-sugar alternatives in cooking and baking. The U.S. dairy market, valued at $102.3 billion in 2023, supports the growth of specialized milk products. Key trends include the development of organic and grass-fed unsweetened condensed milk options, packaging innovations for extended shelf life, and increased use in specialty coffee drinks and tea-based beverages.
The market faces challenges from competition with other milk alternatives and the need for consumer education on product usage. Opportunities lie in creating flavored unsweetened condensed milk varieties and developing portion-controlled packaging for occasional bakers. With 65% of U.S. consumers actively trying to reduce their sugar intake in 2023, there's growing interest in lower-sugar cooking ingredients. The market benefits from the rising popularity of at-home baking, with 36% of Americans baking more frequently in 2023 compared to the previous year, driving demand for versatile dairy products suitable for various recipes.
This report contains market size and forecasts of Unsweetened Condensed Milk in United States, including the following market information:
Report Includes
This report presents an overview of United States market for Unsweetened Condensed Milk , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Unsweetened Condensed Milk sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Unsweetened Condensed Milk market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
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Report Attributes | Report Details |
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Report Title | United States Unsweetened Condensed Milk Market Research Report 2024-2030 |
Market size in 2024 | US$ 412.6 million |
Forecast Market size by | US$ N/A |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Unsweetened Condensed Milk Product Introduction
1.2.1 United Statesn Unsweetened Condensed Milk Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Skimmed Evaporated Milk
1.2.3 Whole Evaporated Milk
1.3.1 United States Unsweetened Condensed Milk Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Infant Food
1.3.3 Dairy Products
1.3.4 Bakeries
1.3.5 Confectionery
1.3.6 Others
1.4 United States Unsweetened Condensed Milk Sales Estimates and Forecasts 2019-2030
1.5 United States Unsweetened Condensed Milk Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 United States Unsweetened Condensed Milk Sales by Manufacturers
2.1.1 United States Unsweetened Condensed Milk Sales by Manufacturers (2019-2024)
2.1.2 United States Unsweetened Condensed Milk Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Unsweetened Condensed Milk in 2023 in United States
2.2 United States Unsweetened Condensed Milk Revenue by Manufacturers
2.2.1 United States Unsweetened Condensed Milk Revenue by Manufacturers (2019-2024)
2.2.2 United States Unsweetened Condensed Milk Revenue Market Share by Manufacturers (2019-2024)
2.2.3 United States Top Companies by Unsweetened Condensed Milk Revenue in 2023
2.3 United States Unsweetened Condensed Milk Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 United States Unsweetened Condensed Milk by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 United States Unsweetened Condensed Milk Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Unsweetened Condensed Milk Market Size by Region: 2019-2030
3.1.1 United States Unsweetened Condensed Milk Sales by Region: 2019-2024
3.1.2 United States Unsweetened Condensed Milk Sales Forecast by Region (2025-2030)
3.1.3 United States Unsweetened Condensed Milk Revenue by Region: 2019-2024
3.1.4 United States Unsweetened Condensed Milk Revenue Forecast by Region (2025-2030)
4.1 United States Unsweetened Condensed Milk Sales by Type
4.1.1 United States Unsweetened Condensed Milk Historical Sales by Type (2019-2024)
4.1.2 United States Unsweetened Condensed Milk Forecasted Sales by Type (2025-2030)
4.1.3 United States Unsweetened Condensed Milk Sales Market Share by Type (2019-2030)
4.2 United States Unsweetened Condensed Milk Revenue by Type
4.2.1 United States Unsweetened Condensed Milk Historical Revenue by Type (2019-2024)
4.2.2 United States Unsweetened Condensed Milk Forecasted Revenue by Type (2025-2030)
4.2.3 United States Unsweetened Condensed Milk Revenue Market Share by Type (2019-2030)
4.3 United States Unsweetened Condensed Milk Price by Type
4.3.1 United States Unsweetened Condensed Milk Price by Type (2019-2024)
4.3.2 United States Unsweetened Condensed Milk Price Forecast by Type (2025-2030)
5.1 United States Unsweetened Condensed Milk Sales by Application
5.1.1 United States Unsweetened Condensed Milk Historical Sales by Application (2019-2024)
5.1.2 United States Unsweetened Condensed Milk Forecasted Sales by Application (2025-2030)
5.1.3 United States Unsweetened Condensed Milk Sales Market Share by Application (2019-2030)
5.2 United States Unsweetened Condensed Milk Revenue by Application
5.2.1 United States Unsweetened Condensed Milk Historical Revenue by Application (2019-2024)
5.2.2 United States Unsweetened Condensed Milk Forecasted Revenue by Application (2025-2030)
5.2.3 United States Unsweetened Condensed Milk Revenue Market Share by Application (2019-2030)
5.3 United States Unsweetened Condensed Milk Price by Application
5.3.1 United States Unsweetened Condensed Milk Price by Application (2019-2024)
5.3.2 United States Unsweetened Condensed Milk Price Forecast by Application (2025-2030)
6.1 Nestle USA
6.1.1 Nestle USA Corporation Information
6.1.2 Nestle USA Overview
6.1.3 Nestle USA in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Nestle USA Unsweetened Condensed Milk Product Introduction
6.1.5 Nestle USA Recent Developments
6.2 Eagle Brand
6.2.1 Eagle Brand Corporation Information
6.2.2 Eagle Brand Overview
6.2.3 Eagle Brand in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Eagle Brand Unsweetened Condensed Milk Product Introduction
6.2.5 Eagle Brand Recent Developments
6.3 Land O'Lakes
6.3.1 Land O'Lakes Corporation Information
6.3.2 Land O'Lakes Overview
6.3.3 Land O'Lakes in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Land O'Lakes Unsweetened Condensed Milk Product Introduction
6.3.5 Land O'Lakes Recent Developments
6.4 Santini Foods
6.4.1 Santini Foods Corporation Information
6.4.2 Santini Foods Overview
6.4.3 Santini Foods in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Santini Foods Unsweetened Condensed Milk Product Introduction
6.4.5 Santini Foods Recent Developments
6.5 Magnolia
6.5.1 Magnolia Corporation Information
6.5.2 Magnolia Overview
6.5.3 Magnolia in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 Magnolia Unsweetened Condensed Milk Product Introduction
6.5.5 Magnolia Recent Developments
6.6 Great Value
6.6.1 Great Value Corporation Information
6.6.2 Great Value Overview
6.6.3 Great Value in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Great Value Unsweetened Condensed Milk Product Introduction
6.6.5 Great Value Recent Developments
6.7 Signature Kitchens
6.7.1 Signature Kitchens Corporation Information
6.7.2 Signature Kitchens Overview
6.7.3 Signature Kitchens in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Signature Kitchens Unsweetened Condensed Milk Product Introduction
6.7.5 Signature Kitchens Recent Developments
6.8 Kroger
6.8.1 Kroger Corporation Information
6.8.2 Kroger Overview
6.8.3 Kroger in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Kroger Unsweetened Condensed Milk Product Introduction
6.8.5 Kroger Recent Developments
6.9 Trader Joe's
6.9.1 Trader Joe's Corporation Information
6.9.2 Trader Joe's Overview
6.9.3 Trader Joe's in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Trader Joe's Unsweetened Condensed Milk Product Introduction
6.9.5 Trader Joe's Recent Developments
6.10 365 by Whole Foods Market
6.10.1 365 by Whole Foods Market Corporation Information
6.10.2 365 by Whole Foods Market Overview
6.10.3 365 by Whole Foods Market in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 365 by Whole Foods Market Unsweetened Condensed Milk Product Introduction
6.10.5 365 by Whole Foods Market Recent Developments
7.1 Unsweetened Condensed Milk Industry Chain Analysis
7.2 Unsweetened Condensed Milk Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Unsweetened Condensed Milk Production Mode & Process
7.4 Unsweetened Condensed Milk Sales and Marketing
7.4.1 Unsweetened Condensed Milk Sales Channels
7.4.2 Unsweetened Condensed Milk Distributors
7.5 Unsweetened Condensed Milk Customers
8.1.1 Unsweetened Condensed Milk Industry Trends
8.1.2 Unsweetened Condensed Milk Market Drivers
8.1.3 Unsweetened Condensed Milk Market Challenges
8.1.4 Unsweetened Condensed Milk Market Restraints
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
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