Evaporated Filled Milk Market

By Product Type;

Canned Evaporated Filled Milk and Powdered Evaporated Filled Milk

By Application;

Food Processing, Foodservice, Household/Retail and Institutional Use

By Sales Channel;

B2B (Food Manufacturers & Foodservice), Retail (Supermarkets, Hypermarkets & Convenience Stores) and Online Retail

By Form;

Liquid and Powder

By Functionality;

Cooking Base, Beverage Preparation and Dessert Formulation

By Product Claim;

Fortified with Vitamins, No Artificial Preservatives and Palm Oil-Free

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn434917262 Published Date: September, 2025 Updated Date: October, 2025

Evaporated Filled Milk Market Overview

Evaporated Filled Milk Market (USD Million)

Evaporated Filled Milk Market was valued at USD 120.91 million in the year 2024. The size of this market is expected to increase to USD 174.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.


Evaporated Filled Milk Market

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 120.91 Million
Market Size (2031)USD 174.72 Million
Market ConcentrationMedium
Report Pages368
120.91
2024
174.72
2031

Major Players

  • Nestlé S.A
  • Dairy Farmers of America, Inc
  • Lactalis Group
  • Arla Foods
  • FrieslandCampina
  • Danone S.A
  • Associated Milk Producers Inc
  • Sodiaal Group
  • California Dairies, Inc
  • Kerry Group plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Evaporated Filled Milk Market

Fragmented - Highly competitive market without dominant players


The Evaporated Filled Milk Market is gaining traction as consumers increasingly prefer nutritionally fortified dairy alternatives. Adoption has reached nearly 30% of households, driven by demand for cost-effective substitutes with longer shelf life and versatile use. Its rising popularity highlights its relevance in modern dietary consumption and processed food categories.

Rising Consumer Demand for Dairy Substitutes
The shift toward low-fat and enriched milk substitutes is fueling demand. Close to 40% of buyers opt for evaporated filled milk for its nutritional balance and affordability compared to conventional dairy. This trend underscores its role as a reliable choice for price-sensitive yet health-conscious consumers.

Nutritional and Functional Advantages
Offering a higher concentration of essential nutrients, evaporated filled milk appeals to households and businesses alike. Around 45% of end-users select it for superior cooking and baking performance, making it indispensable in desserts, beverages, and other ready-to-eat products. Its nutritional edge strengthens its competitive positioning.

Growth Supported by Food Processing Industry
The food and beverage sector remains a major driver of demand, with nearly 35% of processed food manufacturers incorporating evaporated filled milk into their offerings. Its versatility enhances taste, texture, and nutritional value, aligning with evolving consumer needs for convenience and quality in packaged goods.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Form
    5. Market Snapshot, By Functionality
    6. Market Snapshot, By Product Claim
    7. Market Snapshot, By Region
  4. Evaporated Filled Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Convenience Foods
        2. Growing Health Conscious Consumers
        3. Increasing Use in Food Products
        4. Expanding Dairy Industry Growth
      2. Restraints
        1. High Production Costs
        2. Strict Regulatory Requirements
        3. Fluctuating Raw Material Prices
        4. Health Concerns over Milk Products
      3. Opportunities
        1. Emerging Markets Expansion
        2. Product Innovation and Diversification
        3. Growing Online Retail Channels
        4. Increased Demand for Organic Options
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Evaporated Filled Milk Market, By Product Type, 2021 - 2031 (USD Million)
      1. Canned Evaporated Filled Milk
      2. Powdered Evaporated Filled Milk
    2. Evaporated Filled Milk Market, By Application, 2021 - 2031 (USD Million)
      1. Food Processing
      2. Foodservice
      3. Household/Retail
      4. Institutional Use
    3. Evaporated Filled Milk Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. B2B (Food Manufacturers & Foodservice)
      2. Retail (Supermarkets, Hypermarkets & Convenience Stores)
      3. Online Retail
    4. Evaporated Filled Milk Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid
      2. Powder
    5. Evaporated Filled Milk Market, By Functionality, 2021 - 2031 (USD Million)
      1. Cooking Base
      2. Beverage Preparation
      3. Dessert Formulation
    6. Evaporated Filled Milk Market, By Product Claim, 2021 - 2031 (USD Million)
      1. Fortified with Vitamins
      2. No Artificial Preservatives
      3. Palm Oil-Free
    7. Evaporated Filled Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nestlé S.A
      2. Dairy Farmers of America, Inc
      3. Lactalis Group
      4. Arla Foods
      5. FrieslandCampina
      6. Danone S.A
      7. Associated Milk Producers Inc
      8. Sodiaal Group
      9. California Dairies, Inc
      10. Kerry Group plc
  7. Analyst Views
  8. Future Outlook of the Market