About Dry Whole Milk Powder
Dry whole milk powder is white to light cream in color with a clean, pleasing taste. It is obtained by removing water from pasteurized, homogenized or non-homogenized milk. The dry whole milk powder market is expected to grow in the future due to reduced storage and transportation costs as compared to raw milk and change in lifestyle. The increasing population increased the consumption of milk powder due to a lack of raw milk boosting the demand for dry whole milk powder in the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Dry Whole Milk Powder market throughout the forecasted 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.
Nestle (Switzerland), Lactalis (France), Clover Fonterra (South Africa), Royal FrieslandCampina N.V. (Netherland), Danone S.A (France), Danadairy ( Switzerland), Amul (India), Anlene (Malaysia), Murray Goulburn (Australia), Regilait (France) and Yili (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Yashily (China), Vreugdenhil Dairy (Netherland) and Anchor (Philippines).
Segmentation Overview
AMA Research has segmented the market of Global Dry Whole Milk Powder market by Type (Regular, Instant, UHT, Caramelized and Organic), Application (Home Reconstitutions, Dairy Whiteners, Bakery and Confectionery, Desserts, Ice-cream, Dairy Blends, Snacks and Nutritional Supplements) and Region.
On the basis of geography, the market of Dry Whole 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 Distribution Channel, the sub-segment i.e. Hypermarket/Supermarket will boost the Dry Whole Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Cartons will boost the Dry Whole Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Cow will boost the Dry Whole Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in Consumption of Packaged Food
Market Growth Drivers:
Changing Lifestyle and Rising Disposable Income and Increase in Consumption of Bakery Product in Developing Countries
Challenges:
The Government Policies on Taxation, Subsidies and Export/Import of Milk Powder
Restraints:
Presence of Substitute Products
Opportunities:
Growth in Demand for Dry Whole Milk Powder due to Longer Shelf Life of Milk Powder as Compared to Raw Milk and Growth in Bakery Sector in Developing Countries
Market Leaders and their expansionary development strategies
In April 2020, Valio Launched New Infant-Grade Skimmed Milk Powder for Dry-Blend IMF Production. Valio Prime SMP is a unique new product built on decades of award-winning research and development. With this latest innovation in a category where product launches are rare,
In April 2020, Organic superfood producer Z Natural Foods has laucnhed a new Whole Milk Powder, as consumer demand for non-perishable foodstuffs rises in the wake of coronavirus. With its latest launch, the Florida-based company aims to provide consumers with a convenient and quality source of milk, which can be safely stored for up to 18 months.
Key Target Audience
Dry Whole Milk Powder Manufacturers, Dry Whole Milk Powder Distributors and Suppliers, Raw Material Suppliers, Research and Development Organization and Potential Investors
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.