Global Milk Powder for Adults Market Overview:
Milk powder for adults is refer as the evaporated milk, which is further condensed and processed and used specially by adults. 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 by the adults due to lack of raw milk. Some of the key players profiled in the study are Abbott (United States), Nestle (Switzerland), Anlene (Malaysia), Murray Goulburn (Australia), Regilait (France), Yili (China), Fasska (Belgium), Yashily (China), Vreugdenhil Dairy (Netherland) and Anchor (Philippines).
On the basis of geography, the market of Milk Powder for Adults 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. Offline will boost the Milk Powder for Adults market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Change in Lifestyle and Increased Consumption of Sodium Rich Foods
- Longer Shelf Life of Milk Powder as Compared to Raw Milk
- Rise in Consumption of Packaged Food
- Presence of Substitute Products
- Change in Lifestyle Worldwide
- Continuous Research and Development in its Nutritional Value
- The Government Policies on Taxation, Subsidies and Export/Import of Milk Powder
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies.
Target Audience:Industry Investors, Manufacturers, End User Industries, Traders, Distributors, and Suppliers, Government and Research Organizations and Associations and Industry Bodies
Major Objectives Focused through this Study To define, describe, and forecast the Global Milk Powder for Adults market on the basis of product [Whole Milk Powder and Skim Milk Powder] , application [Age 18-35, Age 35-55 and Age >55], 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 Milk Powder for Adults 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 Milk Powder for Adults 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 GMP, Feihe, Tatura, Ausino Products and Wondersun.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Milk Powder for Adults 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.