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The consumer milk industry in the United States over the last few years is characterized by slow​ growth, repeat​ (rather than​ new) customers, and limited product innovation. This industry is an example of​ a(n) ______ industry.

User MHolzmayr
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Answer: Mature industry

Step-by-step explanation:

A mature industry is one of the type of industry that basically focus on the slow growth with some limited innovation of the industrial products and the services in the market.

The primary objective of the mature industry is that this type of industry has repeated customer rather than focusing on interacting with the new consumers or users.

According to the given question, the consumer milk industry is one the example of mature industry the united state because of its above characteristics.

Therefore, Mature industry is the correct asmwer.

User Hespen
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