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Global Industrial Milk powder Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Industrial Milk powder Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Industrial Milk powder Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 13 May 2020
  • Report ID: F&B 0027
  • Pages:189
  • Base Year: 2019
  • Format: PDF
  • Historical Data:2016-2019

Milk powder is defined as a dry dairy product which is formed by dehydrating milk using evaporation. The only aim of making milk powder is to increase the shelf life of milk without using the refrigerator. The demand is increasing for the milk powder, mainly due to it offers many advantage such as longer shelf life, due to presence of low moisture content. So, milk powder can be easily stored at ambient temperature, without requirement of cold chain infrastructure, and can be stored for the longer time. The global milk powder market was valued at $27,783.3 million in 2017 and is projected to reach $38,086.1 million by 2028, growing at a CAGR of 4.4% from 2019 to 2028.

Top Driver: Increasing Health Concern Catalysing the Milk Powder Market

The expansion of advanced technologies in milk powders, which helps to retain the nutrient content of milk even after the drying process and also consists of very trace amounts of fat which in turn makes it low in calorie content, is driving the courtesy of the people towards the consumption of milk powder. This helps people to lose or maintain weight and also aids in promoting a healthy heart. Furthermore, being a rich source of complete proteins, which helps in building and maintaining lean muscles, its consumption has also increased among athletes. According to a study by FAO, 2019, the countries, such as China, Mexico, Egypt, and Indonesia have increased their import demand of skimmed milk powder from the United States, Europe, and Mexico and the global milk powder exports have increased by 8.6% during 2018 as compared to the previous year. Owing to the factors above, the consumption of milk powder has increased which calls for increased dependence on exports.

Also, infant food manufacturers have a high demand for powdered milk as they use an enormous amount of powdered milk in infant food products. Nutritional food and supplementary food products manufacturers have a high demand for whey powder because it contains a high amount of nutrition. Thus, the nutritional and supplementary food sector fueling the expansion of the worldwide powdered milk market.

Infant formulas conquered the market with the highest share of 32.10% in 2017

Based on application segment is segmented into nutritional food, infant formulas, confectionaries, baked sweets, savouries, and others. Infant formulas dominated the market with the highest share of 32.10% in 2017. Rise in a number of women working outside their houses and the growing participation of women in the labor force, which drives the growth of the infant formulas segment growth. Infant formulas present an appealing alternative to working mothers for their babies as per the convenience and need.

Based on  type segment is classified into dairy whitener, whole milk powder, skimmed milk powder, buttermilk powder, fat-filled milk powder, and other milk powder. The whole milk segment dominated the market and valued around USD 7.85 billion in 2017. Whole milk is the most natural form of milk. Whole milk powder contains higher calories and is suitable for people who require high amounts of calories. It is also used as an ingredient in food items that need a thicker consistency. It has longer shelf life and does not need to be refrigerated, further boosting the growth of whole milk powder demand.

Europe as a Global Player in the Dairy Trade

World milk prices and milk imports are affecting the functioning of domestic markets in developing countries. Improvements in processing and shipping technology, reduction in transport costs and the use of export subsidies have promoted international trade in milk powder and encouraged its rise, although to a lower level than meat. Developing countries, such as India and China and even the African countries rely on Europe for milk powder imports. The share of China in EU exports has slightly diminished, with the US, Hong Kong, and Saudi Arabia following in the ranking in milk powder exports. There is a huge potential for the growth of the milk powder market in developing countries, such as Asia-Pacific as various emerging economies such as China, India, and Japan are majorly importing milk powders to satisfy their growing dairy needs. also, in South America, the Middle East, and Africa regions, the market is highly dominated by Danone.

The share of China in EU exports has slightly diminished, with the US, Hong Kong, and Saudi Arabia following in the ranking in milk powder exports. There is a huge potential for the growth of the milk powder market in developing countries, such as Asia-Pacific as various emerging economies such as China, India, and Japan are majorly importing milk powders to satisfy their growing dairy needs. also, in South America, the Middle East, and Africa regions, the market is highly dominated by Danone

Players to Focus on Industrial Milk powder Market

Key players functioning in the global milk powder market include Arla Foods amba, Dairy Farmers of America Inc., Danone, Dean Foods Company, Fonterra Co-operative Group, Kraft Foods Inc., Lactalis Group, Nestle S.A, Saputo Inc., and Schreiber Foods Inc. among others. To augment their market position in the global milk powder market, the key players are now centering on adopting the strategies such as recent developments, mergers & acquisitions, product innovation, joint venture, collaborations, and partnership.

Lactalis:  in September 2017, Lactalis announced the acquisition of the nutrition business of South African company, Aspen Pharmacare, for USD 743.23 million as it aims to expand in the infant formula market.

Dairy Farmers of America Inc: In November 2017, Dairy Farmers of America Inc. announced the opening of its new milk powder plant in Garden City, Kansas for growth in domestic and international demand for milk powder and a desire to support the industry’s growth in the area.

Saputo Inc. : In October 2017, Saputo Inc. announced the acquisition of Murray Goulburn Co-Operative Co. Limited, a dairy foods company, to add and complement the activities of the Company’s Dairy Division (Australia).

Scope of the Report

By Type

  • dairy whitener
  • whole milk powder
  • skimmed milk powder
  • buttermilk powder
  • fat-filled milk powder

By Application

  • Infant formulas
  • Nutritional food
  • confectionaries
  • savouries
  • baked sweets

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report 

  1. It provides a technological development map over time to understand the growth rate of the industry.
  1. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  1. It renders definite analysis for changing competitive dynamics.
  1. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Industrial Milk powder  Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Industrial Milk powder  Market -Industry Snapshots

6.1             Overview

6.1.1          Global Industrial Milk powder  Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Industrial Milk powder  Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Industrial Milk powder  Market- By Type

7.2.1          Industrial Milk powder  Market- dairy whitener

Industrial Milk powder  market by Type 1, 2019 – 2028   (USD Million)

7.2.2          Industrial Milk powder  Market- whole milk powder

Industrial Milk powder  market by Type 2, 2019 – 2028 (USD Million)

7.2.3          Industrial Milk powder  Market- skimmed milk powder

Chapter 8           Global Industrial Milk powder  Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Industrial Milk powder  Market- By Application

8.2.1          Industrial Milk powder  Market- Infant formulas

Industrial Milk powder market by Application 1, 2019 – 2028 (USD Million)

8.2.2          Industrial Milk powder  Market- Nutritional food

Industrial Milk powder  market by Application 2, 2019 – 2028 (USD Million)

8.2.3          Industrial Milk powder  Market- confectionaries

8.2.4          Industrial Milk powder  Market- savouries

Industrial Milk powder  market by Product Type 4, 2019 –  2028 (USD Million)

Chapter 9           Industrial Milk powder  Market Analysis by Region

9.1             Key Findings for Industrial Milk powder  Market- By region

9.2             Overview

9.2.1          Global Industrial Milk powder  Market Analysis, By Type, 2019 – 2028

9.2.2          Global Industrial Milk powder  Market Analysis, By Product Type, 2019 – 2028

9.3             Industrial Milk powder  Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Product Type

9.4             Industrial Milk powder  Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Product Type

9.5             Industrial Milk powder  Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Product Type

9.6             Industrial Milk powder  Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Product Type

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1.1       Arla Foods amba

11.1.2       Business Fundamentals

11.1.3       Financial Snapshots

11.1.4       Product Portfolio

11.1.5       Recent Developments

11.2           Dairy Farmers of America Inc.

11.3           Dean Foods Company

11.4           Schreiber Foods Inc.

11.5           Fonterra Co-operative Group

11.6           Kraft Foods Inc.,

11.7           Lactalis Group,

11.8           Nestle S.A,

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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