Press release
Global Milk Powder Market Dynamic Business Environment during 2020 - 2026
Comprehensive and detailed Milk Powder market report comprises of data that can be quite essential when it comes to dominate the market or making a mark in the market as a new emergent. The market research analysis has been drawn in this industry analysis report with the consistent knowledge of what the market expects, what is already available, the competitive environment, and what can be done to outshine the competition. The Milk Powder market research report is a resource, which provides current as well as upcoming technical and financial details of the industry to 2027.Global milk powder market is expected to rise to register a steady CAGR of 4.90% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the changing lifestyles combined with high nutritional value of the product.
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Global Milk Powder Market By Type (Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Buttermilk Powder, Fat-Filled Milk Powder, Others), Application (Nutritional Food, Infant Formulas, Confectionaries, Baked Sweets, Savouries, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Complete report on Global Milk Powder Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Milk Powder Market
Milk powder is a dairy product that is produced from drying and dehydration of milk. Milk powder has a higher shelf life and can be preserved for a long duration unlike liquid/fluid milk. In order to eradicate the possibility of bacteria growth, milk is pasteurised under regulated temperatures before being transformed into milk powder. Milk powder has nutritional benefits and is rich in various vital minerals and vitamins including calcium, zinc, magnesium, and vitamins A, E, K and D. Due to its high nutritional content it has wide application in infant food, nutritional food, confectionaries, sweets amongst a few others.
Key Questions Answered in Global Milk Powder Market Report:-
Our Report offers:-
o What will the market growth rate, Overview and Analysis by Type of Global Milk Powder Market in 2026?
o What are the key factors driving, Analysis by Applications and Countries Global Milk Powder Market?
o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Milk Powder Market?
o Who are Opportunities, Risk and Driving Force of Global Milk Powder Market?
o Who are the opportunities and threats faced by the vendors in Global Milk Powder Market? Business Overview by Type, Applications, Gross Margin and Market Share
o What are the Global Milk Powder Market opportunities, market risk and market overview of the Market?
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Top Key Players:
Fonterra Co-operative Group, Nestl?, GCMMF, Arla Foods amba, China Mengniu Dairy Company Limited, DAIRY FARMERS OF AMERICA, Dean Foods., Land O'Lakes, Inc., MORINAGA MILK INDUSTRY CO.,LTD., Ausnutria Dairy Corporation Ltd., Parmalat S.p.A., SODIAAL, Synlait Ltd, Schreiber Foods, Saputo Inc., Milkfood Limited, Freddy Baines n.v., Kaskat, Param Dairy Limited, Medallion Milk, Lakeland Dairies, Interfood Holding B.V., Nova Dairy and Alban Company Qatar amongst others.
Market Drivers:
o Greater shelf life and long preservation capabilities of milk powder boosts the growth of this market
o Easy transportation and low storage costs associated with milk powder also accelerates the growth of this market
o Rising applicability in various food substances due to their nutritional benefits such as infant food, nutritional food, confectionaries, sweets also boosts the growth of this market
Market Restraints:
o Addition of preservatives in milk powder in order to enhance its shelf life restrains the growth of this market
o Adulteration of milk also hampers the growth of this market
o Stringent regulations imposed by various international bodies on infant food also hinders the growth of this market
Key Developments in the Market:
o In March 2019, Yili Company has acquired the business of Westland Milk Products. This acquisition would help Yili expand its operations globally, extend its product portfolio and enrich from Westland Milk Products expertise. Yili would scale its operations not only to meet Asia-Pacific needs but to spread its wings across the globe. The combination of two dairy giants would accelerate the growth of this market.
o In May 2017, Ausnutria entered into an affirmative agreement to acquire the entire business of Australian Dairy Park (ADP). This acquisition would include the entire business operations, which include production, packaging & selling of dairy products and milk powder, along with R&D activities. Ausnutria would also acquire a 50% stake in Ozfarm business, the manufacturer of ADP. This acquisition would scale Ausnutria's operation, increase their production capacity and able to it provide its products across the globe.
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Market Segmentations:
Global Milk Powder Market is segmented on the basis of
o Type
o Application
o Geography
Market Segmentations in Details:
By Type
o Whole Milk Powder
o Skimmed Milk Powder
o Dairy Whitener
o Buttermilk Powder
o Fat-Filled Milk Powder
o Others
By Application
o Nutritional Food
o Infant Formulas
o Confectionaries
o Baked Sweets
o Savouries
o Others
By Geography
North America
o U.S.
o Canada,
o Mexico
Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
South America
o Brazil
o Rest of South America
Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
Competitive Analysis: Global Milk Powder Market
Global milk powder market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of milk powder market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: corporatesales@databridgemarketresearch.com
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