Global Nonfat Dried Milk Market Overview:
The nonfat dried milk is expected to rise in the coming years because of the rising demand for calcium-rich products, various baking applications. And with the improved sales channel, labeling and packaging the nonfat dried milk will boost further. The nonfat dried milk is obtained by removing water from pasteurized skim milk, it contains 5% or less moisture (by weight) and 1.5% or less milkfat (by weight). It does not have a standardized protein level. Some of the key players profiled in the study are Alpen Food Group (Netherlands), NZMP (New Zealand), Nestle (Switzerland), Miraka (New Zealand), Fonterra (New Zealand), Lactoland (Germany), Amul (India), Nova Dairy products (India), Synlait milk Ltd (New Zealand) and Arion Dairy Products (Netherlands).
On the basis of geography, the market of Nonfat Dried 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). If we see Market by Heat Treatment, the sub-segment i.e. Low-Heat will boost the Nonfat Dried Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Nonfat Dried Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Coconut will boost the Nonfat Dried Milk market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Need for Consumption of Vitamin and Calcium Rich Food and Beverages
- Demand for Powdered Milk Products for Various Cooking Application
- Increasing Use of Nonfat Dried Milk Among the Women Population
- Price Fluctuation in Milk Market Might Hinder the Nonfat Dried Milk Market
- Allergy-Related Problems with Nonfat Dried Milk
- Rising Availability of Nonfat Dried Milk Online is Boosting the Market
- Advancements in Labeling and Packaging of Nonfat Dried Milk
- Adherence to Stringent Regulatory Standards Might Hinder the Nonfat Dried Milk Market
"Nonfat dry milk covered by these standards shall not contain nor be derived from dry buttermilk, dry whey, or products other than skim milk, and shall not contain any added preservative, neutralizing agent, or other chemicals. U.S. Extra Grade nonfat dry milk shall conform to the following requirements. Flavor. Reconstituted nonfat dry milk shall possess a sweet, pleasing, and desirable flavor, but may possess the following flavors to a slight degree: Chalky, cooked, feed, or flat.Physical appearance. Nonfat dry milk shall possess a uniform white to light cream natural color. It shall be free from lumps, except those that readily break up with slight pressure, and be practically free from visible dark particles. The reconstituted product shall be free from graininess. And some other requirements have been covered such as bacterial estimate, milk content, moisture content, etc."
The global nonfat dried milk market is fragmented with many companies prevailing in the market. The companies are focusing on dealing with maintaining regulatory standards given about the nonfat dried milk. They are focusing on expansion globally by following merger acquisition and strategic collaboration. They are also investing in research and development and planning to launch the products.
Target Audience:Nonfat Dried Milk Manufacturers, Nonfat Dried Milk Distributors and Suppliers, Nonfat Dried Milk International Traders, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers, Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Nonfat Dried Milk market on the basis of product  , application [Dairy Products, Confectionery, Desserts & Bakery, Meat Products, Infant Formula and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Nonfat Dried Milk market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Nonfat Dried Milk industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Foodexo (Poland), Dairygold (Ireland), Holland Dairy Foods (Netherlands) and Milky Holland (Netherlands).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Nonfat Dried Milk market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.