About Industrial Milk Powder
Powdered milk, also known as dry milk or milk powder, is a dairy product that has been evaporated to remove most of the water content, resulting in a dry, powdery substance. It is derived from regular liquid milk through a process called spray drying, where the milk is heated and then sprayed into hot air, causing the liquid to evaporate rapidly. The remaining particles are then collected, resulting in the formation of fine powder.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of industrial milk powder is triggering in Defence and Sport industry. Increasing advancements in milk powder such as organic powder milk and chemical free powder is driving the demand for the market. Several companies are operating in this market to provide organic product with unique price and health benefit content. However, this market is total fragmented with the presence of several market players. Which is triggering the market growth over the forecast period Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nestlé (Europe), Danone (Europe), Lactalis (Europe), Fonterra (Europe), Friesland Campina (Europe), Dean Foods (United State), Arla Foods (Europe), Dairy Farmers of America (United State), Kraft Foods (United State), Saputo (Canada), Parmalat (Europe), Lactalis (France), Land O"Lakes (United States) and Fonterra (New Zealand) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mengniu (China), Feihe (China), Wondersun (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Milk Powder market by and Region.
On the basis of geography, the market of Industrial Milk Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Dairy Milk Powder will boost the Industrial Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mode, the sub-segment i.e. Online will boost the Industrial Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution , the sub-segment i.e. Hypermarkets/Supermarkets, will boost the Industrial Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Food and beverage industries will boost the Industrial Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Utilization of Milk Powder as Nutrients like Vitamin C and Vitamin B12 and Higher Amounts of Protein Consumption in Young Generation
Market Growth Drivers:
Powdered Milk Has Longer Shelf Life than Liquid Milk and Milk Powder Has Vast Applications in the Food and Beverage Industry
Challenges:
White Labelling Process at Extensive Level and Mixing Of Water On Large Extend
Restraints:
Do Not Have Lactose-Free Option and Higher Consumption Lead to Increase Cholesterol and Sugar
Opportunities:
Milk Powder Used In Sports Nutrition Product
Market Leaders and their expansionary development strategies
In May 2019, California Dairies, Inc has acquired Turlock, CA Milk Powder. California Dairies, Inc is largest owned milk marketing and processing cooperative firm in California. However it has 400 dairy product and ship 16 billion pounds of Real California Milk annually. However California Dairies, Inc. is a manufacturer is good for quality butter, fluid milk products and milk powders. California Dairies has quality dairy products available in 50 United States and 50 foreign countries
In May 2021, Lactalis has launch an organic milk powder in order to expand Portfolio of milk powder .Hence, the demand for organic Product is rising which driving the growth of the market over the forecast period
Key Target Audience
Industrial milk powder supplier, Industrial milk powder manufacture, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.