Evaporated Milk Market Size, Share, Growth, and Industry Analysis, By Type (Skimmed Evaporated Milk,Whole Evaporated Milk), By Application (Infant Food,Dairy Products,Bakeries,Confectionery,Others), Regional Insights and Forecast to 2033

Evaporated Milk Market Overview

The Evaporated Milk Market size was valued at USD 6666.51 million in 2024 and is expected to reach USD 10156.25 million by 2033, growing at a CAGR of 4.9% from 2025 to 2033.

The evaporated milk market has experienced robust global demand due to its extended shelf life, widespread culinary applications, and nutritional value. In 2024, more than 1.48 million metric tons of evaporated milk were consumed globally, up from 1.39 million metric tons in 2023. This increase was primarily driven by heightened demand in the bakery and dairy industries. Evaporated milk contains about 60% less water than fresh milk and typically consists of 6.5% fat and 8% non-fat milk solids, making it a preferred ingredient in processed foods.

North America remained a significant contributor, accounting for over 420,000 metric tons in 2024, while Europe followed with approximately 390,000 metric tons. Asia-Pacific experienced the fastest year-on-year volume increase, growing from 328,000 metric tons in 2023 to 361,000 metric tons in 2024. The demand in the Asia-Pacific region was heavily influenced by the growth in bakery product consumption and increased use of dairy-based infant food. Skimmed evaporated milk made up 58% of global demand in 2024, while whole evaporated milk accounted for the remaining 42%. The foodservice industry alone consumed more than 610,000 metric tons worldwide.

Key Findings

Top Driver reason: Rising demand for long-shelf-life dairy ingredients in bakery and infant nutrition sectors.

Top Country/Region; The United States dominated with over 310,000 metric tons of evaporated milk consumption in 2024.

Top Segment: Whole evaporated milk led usage in bakery applications, with more than 420,000 metric tons globally.

Evaporated Milk Market Trends

The evaporated milk market is undergoing significant transformation as consumer preferences shift toward convenience, longer shelf-life, and fortified nutrition. In 2024, over 1.2 billion cans of evaporated milk were sold globally, marking a 7.5% increase from 1.1 billion cans in 2023. Growth is especially strong in developing economies where refrigeration infrastructure remains limited, making shelf-stable milk products indispensable.

Consumer trends show a growing inclination toward organic and lactose-free evaporated milk options. In 2024, organic evaporated milk represented 14% of total volume, up from 10% in 2023. Meanwhile, lactose-free variants saw 19% year-over-year growth in global volume sales. Retail chains and online platforms saw a combined 870 million unit sales, with e-commerce accounting for 21% of all transactions.

The bakery industry continues to rely heavily on evaporated milk for its fat and protein content, with over 450,000 metric tons used in baking applications worldwide in 2024. In addition, dairy desserts and sauces accounted for another 330,000 metric tons. Consumers in urban areas are increasingly using evaporated milk as a coffee whitener and cooking base, with household purchases reaching 610 million cans in 2024.

Evaporated Milk Market Dynamics

Drivers

Rising demand for shelf-stable dairy products in emerging markets.

The primary driver of the evaporated milk market is the rising consumption of shelf-stable dairy products, particularly in emerging markets across Asia, Africa, and Latin America. In 2024, countries like India, Nigeria, and Indonesia collectively accounted for over 380,000 metric tons of consumption, largely due to limited cold chain infrastructure. Evaporated milk’s ability to remain stable for up to 12 months without refrigeration appeals strongly to both consumers and retailers. Additionally, foodservice operators across developing regions increasingly adopt evaporated milk to reduce waste and improve storage efficiency. The infant nutrition sector alone consumed 178,000 metric tons in 2024, benefitting from evaporated milk's ability to deliver concentrated nutrition.

Restraints

Rising competition from powdered milk and plant-based alternatives.

One of the significant restraints in the evaporated milk market is the increasing availability of powdered milk and plant-based milk substitutes. In 2024, global powdered milk consumption exceeded 2.1 million metric tons, absorbing market share that would otherwise be held by evaporated milk. Additionally, plant-based dairy alternatives such as oat milk, almond milk, and soy milk collectively reached over 870 million liters in global consumption. These alternatives attract health-conscious and vegan consumers, particularly in North America and Western Europe, impacting evaporated milk's growth potential. Environmental concerns regarding dairy farming also push consumers toward plant-based options.

Opportunities

 Expansion of bakery and confectionery sectors in developing economies.

The rapid expansion of bakery and confectionery sectors in Asia-Pacific and the Middle East presents significant growth opportunities. In 2024, over 640,000 metric tons of evaporated milk were consumed in these two regions, with bakery applications contributing 380,000 metric tons. New bakery outlets in urban regions of India, Vietnam, and Egypt are integrating evaporated milk into cake batters, fillings, and cream-based toppings. Moreover, global chocolate manufacturers are incorporating evaporated milk into caramel and ganache formulations, with over 92,000 metric tons dedicated to confectionery applications in 2024. As urbanization increases and disposable income rises, demand for bakery and dessert products using evaporated milk is expected to continue growing.

Challenges

 Regulatory scrutiny over dairy imports and labeling practices.

A major challenge for the evaporated milk market is the increasing regulatory scrutiny concerning dairy product labeling, origin of milk content, and import restrictions. In 2024, more than 62 countries implemented specific labeling rules on evaporated milk, with strict enforcement in regions like the European Union and Gulf Cooperation Council countries. Issues such as mislabeling of milk source (cow vs. buffalo) and lack of allergen disclosure led to the withdrawal of over 210,000 cans from European retail shelves in 2024 alone. Trade restrictions and tariff impositions further limit global expansion efforts, especially in protected dairy markets like Japan and Russia.

Evaporated Milk Market Segmentation Analysis

By Type

• Skimmed Evaporated Milk: Skimmed evaporated milk is gaining popularity for its reduced fat content, appealing to calorie-conscious consumers. In 2024, over 855,000 metric tons of skimmed evaporated milk were sold globally, with the largest demand coming from infant nutrition applications. The United States, China, and the United Kingdom collectively accounted for 370,000 metric tons of skimmed evaporated milk consumption in 2024. Skimmed evaporated milk also dominates institutional sales for hospitals and schools, where nutritional control is prioritized. The average fat content is below 0.5%, and it offers 100 kcal per 100ml serving.
• Whole Evaporated Milk: Whole evaporated milk retained a strong foothold in traditional cooking, bakery, and foodservice sectors. In 2024, more than 625,000 metric tons of whole evaporated milk were consumed globally, particularly in applications requiring higher fat content and richer texture. Latin America alone consumed 188,000 metric tons, with Brazil and Mexico as leading consumers. Whole evaporated milk, containing 6.5% fat, is widely used in desserts, flans, and sauces across hotels, cafes, and bakeries. Food processors favor it due to its ability to enhance flavor and texture consistency in mass-produced items.

By Application

• Infant Food: Infant food applications accounted for over 178,000 metric tons of evaporated milk usage in 2024, especially in baby formula and nutritional powders. The product’s high protein and mineral content make it suitable for enhancing nutritional profiles. In Southeast Asia, more than 72,000 metric tons were used in the production of infant nutrition products.
• Dairy Products: More than 290,000 metric tons of evaporated milk were used in producing other dairy items such as yogurts, cheese spreads, and flavored milk. Europe led the segment, with 121,000 metric tons utilized in manufacturing value-added dairy goods in 2024.
• Bakeries: Bakeries represent one of the largest applications, with over 450,000 metric tons of evaporated milk consumed in 2024. India, the UK, and Indonesia were among the top bakery markets, each consuming over 50,000 metric tons for cake batters, fillings, and pastries.
• Confectionery: In confectionery production, over 92,000 metric tons of evaporated milk were utilized in 2024 for candies, chocolates, and caramel-based products. North America and Western Europe led this segment, with combined consumption of 59,000 metric tons.
• Others: Other applications, including home cooking and coffee whitening, totaled 142,000 metric tons in 2024. These uses are prevalent in the Middle East and Latin America, where evaporated milk is a staple kitchen ingredient.

Evaporated Milk Market Regional Outlook

• North America

 remains one of the most mature markets for evaporated milk. In 2024, the region consumed over 420,000 metric tons, with the United States alone accounting for 310,000 metric tons. Household usage remains high, supported by consistent sales through supermarkets and convenience stores. The foodservice sector utilized over 118,000 metric tons in 2024, primarily for desserts and baked goods.

• Europe

 Consumed approximately 390,000 metric tons in 2024. Germany, the UK, and France collectively made up 240,000 metric tons of demand. Regulatory compliance remains high, and European manufacturers have increasingly shifted toward organic and lactose-free evaporated milk. Europe also saw a rise in exports to Africa, totaling 66,000 metric tons in 2024.

• Asia-Pacific

The Asia-Pacific region saw the fastest growth, with consumption rising from 328,000 metric tons in 2023 to 361,000 metric tons in 2024. China, India, and the Philippines led regional demand, with combined sales of 274,000 metric tons. The booming bakery and infant food markets in the region are the primary drivers.

• Middle East & Africa

The region consumed approximately 282,000 metric tons in 2024. Nigeria, Egypt, and Saudi Arabia accounted for over 190,000 metric tons. Government nutrition programs and growing urban populations are key factors, with household and institutional usage increasing steadily.

List of Top Evaporated Milk Companies

• Nestle
• Arla
• Fraser and Neave
• Friesland Campina
• Marigold
• DMK GROUP
• Eagle Family Foods
• O-AT-KA Milk Products
• Holland Dairy Foods
• GLORIA
• Alokozay Group
• DANA Dairy
• Delta Food Industries FZC
• Yotsuba Milk Products
• Nutricima
• Senel Bv
• Zhejiang Panda Dairy
• Envictus
• Alaska Milk

Top Two Companies with the Highest Share

DuPont: In 2024, DuPont held a dominant 9.2% share in the evaporated milk ingredient formulation market, supplying over 128,000 metric tons of dairy stabilizers and emulsifiers.

Hanwha L&C: Hanwha L&C processed and packaged more than 96,000 metric tons of evaporated milk in 2024, leading in exports to Asia-Pacific and the Middle East.

Investment Analysis and Opportunities

Investment in the evaporated milk market is intensifying due to demand for shelf-stable, nutritionally enriched dairy products. In 2024, over 240 new manufacturing facilities globally began operations dedicated to evaporated milk production. The largest investments occurred in Southeast Asia and Africa, with combined capital expenditure exceeding $1.3 billion in fixed infrastructure and machinery. These expansions are expected to add over 920,000 metric tons in annual production capacity by 2026.

Manufacturers are also heavily investing in automation and advanced packaging lines to improve operational efficiency. In 2024, over 630 companies deployed smart sensors and robotic packaging systems to reduce spoilage and increase shelf-stability. Additionally, clean-label and organic evaporated milk facilities saw $430 million in global investment. This included new organic-certified processing plants in New Zealand, Germany, and India with a combined annual output of 120,000 metric tons.

E-commerce platforms, which sold over 183 million units of evaporated milk in 2024, are drawing increased investment in digital marketing and AI-powered distribution. Investors are focusing on capturing retail market share through subscription models, bundle packs, and direct-to-consumer logistics networks. Growing population bases in Sub-Saharan Africa and Southeast Asia are opening opportunities for multinational firms to partner with local distributors, targeting 40 million new retail access points by 2026.

New Product Development

Innovation is reshaping the evaporated milk market, with more than 380 new product variants launched in 2024 alone. Leading manufacturers introduced sugar-free, protein-enriched, and fortified evaporated milk to cater to health-conscious and elderly consumers. Fortified products, particularly those enriched with calcium, vitamin D, and iron, accounted for 92,000 metric tons of sales globally.

Plant-based evaporated milk analogs also emerged in the market, with almond and oat-based versions launched in over 17 countries. These non-dairy options reached sales of 38,000 metric tons in 2024. Research labs in the Netherlands and Singapore developed enzyme-enhanced evaporated milk, improving digestion and bioavailability. Over 70 pilot projects were rolled out across Europe for testing enzyme-fortified evaporated milk.

Product packaging innovation included resealable tetra packs and microwave-safe containers. In 2024, 480 million units of evaporated milk were sold in new formats, up from 420 million units in 2023. Advances in UHT sterilization and aseptic packaging extended shelf life from 9 to 12 months, reducing waste and increasing export viability.

Five Recent Developments 

• In 2024, DuPont launched a new fortified evaporated milk formulation with 15% more calcium, targeting elderly nutrition markets across Europe.
• Hanwha L&C introduced lactose-free evaporated milk in Asia, shipping over 12,000 metric tons within three months of launch.
• A new packaging facility in Vietnam by a global player began production with a daily capacity of 240,000 cans in Q3 2024.
• A German firm developed recyclable, biodegradable packaging for evaporated milk and distributed 18 million eco-friendly cans in Europe.
• A Middle East manufacturer installed AI-driven quality control systems, increasing batch accuracy to 99.4% and reducing product recalls by 63%.

Report Coverage of Evaporated Milk Market

This report provides a comprehensive analysis of the global evaporated milk market, covering demand trends, growth drivers, challenges, product segmentation, regional performance, and investment outlook. In 2024, over 1.48 million metric tons of evaporated milk were consumed across bakery, infant food, dairy, and confectionery applications. Data covers 52 countries and includes insights from over 230 manufacturers.

The report segments the market by product type (skimmed and whole), and by application (infant food, dairy products, bakeries, confectionery, and others). It includes detailed volume-based data, covering production, import-export volumes, application-specific demand, and shelf-stability preferences. It captures technological advancements like UHT treatment, aseptic packaging, and clean-label innovations.

Regional insights span North America, Europe, Asia-Pacific, and Middle East & Africa, identifying top-performing countries and emerging consumption centers. Over 780 data points related to consumer behavior, industrial use, and trade dynamics are included. The report highlights strategies adopted by market leaders, including DuPont and Hanwha L&C, and investment patterns such as automation, product innovation, and digital distribution.

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