The Business Research Company’s latest report Milk And Butter Global Market Report 2020 covers Milk And Butter market drivers, Milk And Butter market trends, Milk And Butter market segments, Milk And Butter market growth rate, Milk And Butter market major players, and Milk And Butter market size. The report provides in-depth analysis of the impact of COVID-19 on the Milk And Butter industry, along with revised market numbers due to the effects of the coronavirus.
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Milk And Butter Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global milk and butter market is expected to grow from $294 billion in 2019 to $301 billion in 2020 at a compound annual growth rate (CAGR) of 2.4%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $365.6 billion in 2023.
The report covers the Milk And Butter market’s segments-
1) By Type: Milk-Dairy, Butter
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
3) By Application: Food, Beverages, Intermediate Products, Condiments
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