Scope of the Study
Milk powder is evaporated milk, which is further condensed and processed. It is loaded with nutrients and 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. Increase in population and change in lifestyle increased the consumption of milk powder due to lack of raw milk.
The market study is being classified by Type (Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Fat Filled Milk Powder and Other), by Application (Nutritional Food, Infant Formulas, Confectionaries, Baked Sweets, Savories and Others) and major geographies with country level break-up.
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) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Fonterra (New Zealand), Westland (New Zealand), Tatura (Australia), Burra Foods (Australia), MG (Australia), Yili (China), Mengniu (China), Feihe (China) and Wondersun (China).
Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Milk Powder market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Milk Powder market by Type, Application and Region.
On the basis of geography, the market of 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. Speciality Store will boost the Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in Working Population
- Increasing Disposable Income among Population Worldwide
- Rise in Consumption of Packaged Food
- Presence of Substitute Products
- Strick Regulation on Infant Food
- Change in Lifestyle Worldwide
- Increase in Consumption of Bakery Product in both Developed and Underdeveloped Countries
- Longer Shelf Life of Milk Powder as Compared to Raw Milk
- The Government Policies on Taxation, Subsidies and Export/Import of Milk Powder
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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