Press release
Milk Powder Market Will Reach At CAGR Of 8.73% Between 2017-2021
Milk powder, which is prepared by evaporating milk, is extensively used as a milk replacer. The primary purpose of drying milk is preservation, as the process extends the shelf life of the product. Milk powder has a low moisture content and does not need to be refrigerated. Moreover, it is non-perishable and widely used in different types of food and beverages. The production of milk powder involves the removal of water at the lowest possible cost under stringent hygiene conditions, and also ensuring that all the natural properties of milk, such as flavor and nutritional value, are retained in the milk powder.
Technavios analysts forecast the global milk powder market to grow at a CAGR of 8.73% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global milk powder market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Milk Powder Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Danone
Fonterra Co-operative Group
FrieslandCampina
Lactalis
Nestl
Other prominent vendors
ALPEN FOOD
Amul
Arla Foods
China Mengniu Dairy
Dairy Farmers of America
Dean Foods
Humana
Land O'Lakes
MORINAGA MILK INDUSTRY
Mller UK & Ireland
Parmalat
Schreiber
SODIAAL
Synlait Milk
Kraft Heinz
Wimm-Bill-Dann Foods
YILI
Market driver
Long shelf life
For a full, detailed list, view our report
Market challenge
Product recalls
For a full, detailed list, view our report
Market trend
Demand for organic and lactose-free milk powder
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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