What is Skimmed Milk Powder Market?
Skimmed milk powder is obtained by removing the water and fat from the pasteurized milk, the fat or protein content of the milk is adjusted to comply with the compositional requirements. It contains 5% or less moisture according to weight, 1.5% milkfat, and a minimum of 34% milk protein content. The skimmed milk powder is widely used in the reconstituted milk products like yogurt, dairy desserts, ice cream, etc, it is also used in many other food items such as bakery, infant formulas, dry mixes, and others. As the number of working women in developing countries is increasing along with the increase in awareness about the consumption of low-fat products, this market is expected to grow in the coming years.
The market study is being classified by Type (Goat Milk Powder and Cow Milk Powder), by Application (Prepared Dry Mixes, Confectionery (Puffed, Caramel, and Milk Chocolate), Meat Products, Frozen Desserts, Bakery (Cakes, Bread, Rolls) and Others) and major geographies with country level break-up.
Arla Foods amba (Denmark), Nestle S.A (Switzerland), Danone S.A. (France), Bay Valley Foods, LLC (TreeHouse Foods Inc.) (United States), Royal FrieslandCampina N.V. (Netherlands), Vreugdenhil Dairy Foods (Netherlands), Land O Lakes Inc. (United States), Burra Foods Pty Ltd. (Australia), American Dairy Products Institute (ADPI) (United States) and Dairygold Co-Operative Society Limited (Ireland) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Mengniu Dairy Company Limited (China), Tatura Milk Industries Ltd. (Australia) and Alpen Food Group B.V (Netherlands).
Segment Analysis
Analyst at AMA have segmented the market study of Global Skimmed Milk Powder market by Type, Application and Region.
On the basis of geography, the market of Skimmed 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Surging Awareness about Consumption of Low Fat Food and Beverages
- Increasing Demand for Infant Milk Formula from Working Class Parents for their Infants
Market Trend
- Increasing Use of Skimmed Milk Powder in Bakery and Confectioneries Because of its High Calcium and Protein Content
Restraints
- Allergies and Side Effects Associated with Skimmed Milk Powder
- Stringent Regulatory Standards Regarding the Skimmed Milk Powder
Opportunities
- Continuous Research and Development in its Nutritional Value will Improve the Market
- Availability of Skimmed Milk Powder Online will Further Boost the Market
Challenges
- Increasing Number of Competitors with Inorganic Milk Powder Products
"According to the provisions of General Standard for the Labelling of Prepackaged Foods and General Standard for the Use of Dairy Terms, the “partly skimmed milk powder” may be designated “semi-skimmed milk powder” if the content of milk fat does not exceed 16% (m/m) and is not less than 14% (m/m). and Wherever the word “milk” appears on the label of a package of skimmed milk powder as the description or part of the description of the contents, it shall be immediately preceded or followed by the word “skimmed or partly skimmed”, as the case may be."
Key Target Audience
Skimmed Milk Powder Manufacturers, Skimmed Milk Powder International Traders, Skimmed Milk Powder Distributors and Suppliers, Research and Development Institutes, Regulatory Bodies, Upstream and Downstream Buyers and Others