Market Snapshot:
Milk Powder market is expected to grow in the future due to an increase in population and change in lifestyle increased the consumption of milk powder due to lack of raw milk. Milk powder is evaporated milk, which is further condensed and processed. It is loaded with nutrients and a feasible alternative to regular pasteurized milk. Milk Powder is more used in the food and beverage industry. It reduced storage and transportation costs as compared to raw milk.
Highlights from Milk Powder Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Danone (France), Nestle (Switzerland), FrieslandCampina (Netherlands), Arla (Denmark), Vreugdenhil Dairy (Netherland), Alpen Dairies (Netherlands), California Dairies (United States), DFA (United States), Lactalis (France) and Land O'Lakes (United States). Additionally, other players that are part of this comprehensive study are Fonterra (New Zealand), Westland (New Zealand), Tatura (Australia), Burra Foods (Australia), MG (Australia), Yili (China), Mengniu (China), Feihe (China) and Wondersun (China).
Geographic Breakdown and Segment Analysis
The Global Milk Powder market presents a comprehensive analysis of the Milk Powder market by product type (Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Fat Filled Milk Powder and Other), by end-user/application (Nutritional Food, Infant Formulas, Confectionaries, Baked Sweets, Savories, Yogurt and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Milk Powder industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Milk Powder market
Analyst at AMA have segmented the market study of Global Milk Powder market by Type, Application and Region.
Influencing Trend:
Rise in Consumption of Packaged Food
Market Growth Drivers:
Increase in Working Population and Increasing Disposable Income among Population Worldwide
Challenges:
The Government Policies on Taxation, Subsidies and Export/Import of Milk Powder
Restraints:
Presence of Substitute Products and Strick Regulation on Infant Food
Opportunities:
Change in Lifestyle Worldwide, Increase in Consumption of Bakery Product in both Developed and Underdeveloped Countries and Longer Shelf Life of Milk Powder as Compared to Raw Milk
Market Developments Activities:
In November 2021, Royal A-ware will acquire the milk powder activities in Aalter (Belgium) from FrieslandCampina. The sale was announced last December. The 40 employees working in Aalter will join Royal A-ware.
In January 2024, GCMMF is launching Sagar Skimmed Milk at affordable prices to cater to the economic segment as well as health-conscious consumers
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies.
Key Target Audience
Industry Investors, Manufacturers, End-User Industries, Traders, Distributors, and Suppliers, Government and Research Organizations and Associations and Industry Bodies