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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$ 531.8 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 experiencing steady growth, driven by increasing consumer demand for lower-sugar alternatives in cooking and baking. The U.S. dairy market, valued at $102.3 billion in 2023, supports the growth of specialized milk products. Key trends include the development of organic and plant-based unsweetened condensed milk alternatives, packaging innovations for extended shelf life, and increased use in specialty coffee drinks. The market faces challenges from competition with other milk alternatives and the need for consumer education on product usage. Opportunities lie in creating flavored unsweetened condensed milk varieties and developing portion-controlled packaging for occasional bakers. With 65% of U.S. consumers actively trying to reduce their sugar intake in 2023, there's growing interest in lower-sugar cooking ingredients. The market benefits from the rising popularity of at-home baking, with 36% of Americans baking more frequently in 2023 compared to the previous year.
This report contains market size and forecasts of Unsweetened Condensed Milk in United States, including the following market information:
• United States Unsweetened Condensed Milk Market Revenue, 2019-2024, 2024-2030, ($ millions)
• United States Unsweetened Condensed Milk Market Sales, 2019-2024, 2024-2030,
• United States Top five Unsweetened Condensed Milk companies in 2023 (%)
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.
Key Companies covered in this report:
The report also provides analysis of leading market participants including:
• Key companies Unsweetened Condensed Milk revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
• Key companies Unsweetened Condensed Milk revenues share in United Statesn market, 2023 (%)
• Key companies Unsweetened Condensed Milk sales in United Statesn market, 2019-2024 (Estimated),
• Key companies Unsweetened Condensed Milk sales share in United Statesn market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Unsweetened Condensed Milk Market
• Overview of the regional outlook of the Unsweetened Condensed Milk Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
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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 Nestlé USA
6.1.1 Nestlé USA Corporation Information
6.1.2 Nestlé USA Overview
6.1.3 Nestlé USA in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Nestlé USA Unsweetened Condensed Milk Product Introduction
6.1.5 Nestlé USA Recent Developments
6.2 The J.M. Smucker Company
6.2.1 The J.M. Smucker Company Corporation Information
6.2.2 The J.M. Smucker Company Overview
6.2.3 The J.M. Smucker Company in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 The J.M. Smucker Company Unsweetened Condensed Milk Product Introduction
6.2.5 The J.M. Smucker Company Recent Developments
6.3 Eagle Brand
6.3.1 Eagle Brand Corporation Information
6.3.2 Eagle Brand Overview
6.3.3 Eagle Brand in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Eagle Brand Unsweetened Condensed Milk Product Introduction
6.3.5 Eagle Brand Recent Developments
6.4 Borden Dairy Company
6.4.1 Borden Dairy Company Corporation Information
6.4.2 Borden Dairy Company Overview
6.4.3 Borden Dairy Company in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Borden Dairy Company Unsweetened Condensed Milk Product Introduction
6.4.5 Borden Dairy Company 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 Land O'Lakes, Inc.
6.6.1 Land O'Lakes, Inc. Corporation Information
6.6.2 Land O'Lakes, Inc. Overview
6.6.3 Land O'Lakes, Inc. in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Land O'Lakes, Inc. Unsweetened Condensed Milk Product Introduction
6.6.5 Land O'Lakes, Inc. Recent Developments
6.7 Santini Foods
6.7.1 Santini Foods Corporation Information
6.7.2 Santini Foods Overview
6.7.3 Santini Foods in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Santini Foods Unsweetened Condensed Milk Product Introduction
6.7.5 Santini Foods Recent Developments
6.8 California Dairies, Inc.
6.8.1 California Dairies, Inc. Corporation Information
6.8.2 California Dairies, Inc. Overview
6.8.3 California Dairies, Inc. in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 California Dairies, Inc. Unsweetened Condensed Milk Product Introduction
6.8.5 California Dairies, Inc. Recent Developments
6.9 Dairy Farmers of America
6.9.1 Dairy Farmers of America Corporation Information
6.9.2 Dairy Farmers of America Overview
6.9.3 Dairy Farmers of America in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4Dairy Farmers of America Unsweetened Condensed Milk Product Introduction
6.9.5 Dairy Farmers of America Recent Developments
6.10 Hiland Dairy
6.10.1 Hiland Dairy Corporation Information
6.10.2 Hiland Dairy Overview
6.10.3 Hiland Dairy in United States: Unsweetened Condensed Milk Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 Hiland Dairy Unsweetened Condensed Milk Product Introduction
6.10.5 Hiland Dairy 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
Frequently Asked Questions ?
