Organic Powdered Milk Market Scope
the Organic Powdered Milk market is expected to witness high growth in the forecasted period due to increasing demand for health and fit lifestyle. Organic powdered milk is mainly made from organic milk. All of the organic products require Organic certification. Organic certification is a certification process for producers of organic food and other organic agricultural products. Requirements vary from country to country and generally involve a set of production standards for growing, storage, processing, packaging, and shipping.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Nestle SA (Switzerland), Arla Foods amba (Denmark), Fonterra Co-operative Group (New Zealand), HiPP GmbH and Co. Vertrieb KG (Germany), OMSCo (United Kingdom), Aurora Foods Dairy Corp. (United States), Organic Valley (United States) and SunOpta, Inc. (Canada) |
CAGR | 20.3% |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Organic Powdered Milk market throughout the predicted period.
Nestle SA (Switzerland), Arla Foods amba (Denmark), Fonterra Co-operative Group (New Zealand), HiPP GmbH and Co. Vertrieb KG (Germany), OMSCo (United Kingdom), Aurora Foods Dairy Corp. (United States), Organic Valley (United States) and SunOpta, Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Ingredia SA (France), Bellamy’s Organic (Australia), Holle babyfood GmbH (Switzerland), Ausnutria Hyproca B.V. (Netherlands), B. Engelhardt & Co. AB (Sweden) and Emmi AG (Switzerland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Organic Powdered Milk market by Type , by Application (Infant Formulas, Confections, Bakery Products and Other) and Region with country level break-up.
On the basis of geography, the market of Organic Powdered Milk 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). North America region held largest market share in the year 2023. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In April 2019,Emmi acquires majority stake in one of Europe’s leading suppliers of organic goat’s and sheep’s milk products
In May 2021 Lactalis Ingredients is launching an organic whole milk powder, expanding its portfolio of milk powders, amid rising consumer interest in health and food quality issues.
Influencing Trend:
Increasing awareness about the harmful effects of consuming synthetic ingredients along with growing health concerns due to rising incidence of lifestyle diseases such as diabetes, blood pressure, heart problems, etc., were the major factors driving the global market for organic powdered milk.
Market Growth Drivers:
Growing Awareness about Helth and Fitness and Rising demand due to Online Distribution Channel
Challenges:
The Issues Regarding Strict Regulations Related to Infant Food
Restraints:
The Concern Regarding the Addition of Preservatives and Adulteration
Opportunities:
High Demand for Development of Flavored Milk Powder
Key Target Audience
Organic Powdered Milk Manufactures, Organic Powdered Milk Distributors, Organic Powdered Milk Suppliers, Government Regulatory Bodies, Private Research Organizations, Government Research Organization and Others