According to the latest market study results, the milk market in New Zealand stood at around USD 847 million in 2023 and is projected to rise to a worth of USD 1,059 million by 2029 end, thereby garnering a CAGR of 3.8% during 2024-2029. The New Zealand milk market is primarily driven by the country’s global reputation for producing high-quality dairy products, supported by its advanced and sustainable farming practices. Additionally, there is a growing consumer preference for organic and value-added milk products, such as A2 and lactose-free options, reflecting the rising trends in health and wellness. Government initiatives that promote innovation and sustainability in dairy farming further enhance the market’s competitiveness and global appeal.
This report presents a detailed overview of the New Zealand milk industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product, and distribution channel. This detailed analysis supports the identification of growth opportunities within the milk industry.
Market Segmentation
The milk market in New Zealand is structured as follows:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, others
The New Zealand milk market is segmented on the basis of product, and distribution channel. Based on product, the milk market in New Zealand is categorized into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. On the basis of distribution channel, the milk market in New Zealand has been segmented into convenience stores, supermarkets and hypermarkets, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The leading players in the milk market include Wilmar International Ltd, Lewis Road Creamery Ltd, Green Valley Dairies Ltd., Fonterra Co-operative Group Limited, Australasian Conference Association Limited.
This report provides a thorough assessment of the New Zealand milk market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the New Zealand milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the New Zealand milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the New Zealand milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewNew Zealand milk market – product analysis
New Zealand milk market – distribution channel analysis
Key players and market share
– Wilmar International Ltd
– Lewis Road Creamery Ltd
– Green Valley Dairies Ltd.
– Fonterra Co-operative Group Limited
– Australasian Conference Association Limited
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table New Zealand milk market 2019-2029
Chart New Zealand milk market, net growth, 2019-2029
Chart New Zealand milk market, growth rates, 2019-2029
Table New Zealand milk market by product, 2019-2029
Chart New Zealand milk market by product, CAGR historic and forecast, 2019-2029
Chart New Zealand milk market by product, 2019-2029
Table New Zealand milk market by distribution channel, 2019-2029
Chart New Zealand milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart New Zealand milk market by distribution channel, 2019-2029
Table New Zealand milk market share (%), by companies, 2019-2023
Chart New Zealand milk market, by companies, 2023
Table New Zealand milk market share (%), by brands, 2019-2023
Chart New Zealand milk market, by brands, 2023
Table New Zealand – population (millions) and forecast
Table New Zealand – consumer price index (CPI) and forecast
Table New Zealand – gross domestic product and forecast
Table New Zealand milk market: spend as a proportion of GDP (%)
Table New Zealand milk market: consumption per capita (population)