Milk Powder Market Share, Size, Key Players, Growth and Forecast 2022-2027

The IMARC Group provides extensive analysis of the milk powder industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on milk powder market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

Historical market data from 2016-2021

CAGR of the market during the forecast period 2022-2027

Detailed information on factors that will drive market growth during the next five years

Precise estimation of the Keyword market size and its contribution to the parent market

Upcoming market trends and changes in consumer behavior

A thorough analysis of the market's competitive landscape and detailed information on key players

Comprehensive details of factors that will challenge the growth of smart meters market key players

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Milk powder is a dairy product that is manufactured by dehydrating raw milk through the evaporation process. The milk is pasteurized, preheated, evaporated, and spray dried until milk solids are formulated. This, in turn, assists in extending the shelf-life and preserving the nutritional content of the product. Milk powder is a rich source of vitamins, minerals, calcium, thiamin, and proteins that aid in promoting cellular repair, regulating the immune system, ensuring muscle-building, and eliminating the risk of fracture. Apart from this, it has low moisture content due to which it is extensively used as a key ingredient in infant formulas, baked sweets, and other confectionery products.

Global Milk Powder Market Trends:

The milk powder market is driven by the significant expansion in the food and beverage (F&B) sector, along with the increasing need for instant, packaged, and nutrition-rich products with longer-shelf. In line with this, the rising consumer awareness regarding the various beneficial properties associated with milk powder consumption have further facilitated their employment in sports supplement products, which is propelling the market growth. Additionally, rapid technological advancements in the production processes and the easy product availability in innovative packaging solutions, such as pouches, tins, and sachets, are impelling the market growth.

Competitive Landscape With Key Players:

Nestlé
Danone
Lactalis
Fonterra
FrieslandCampina
Dean Foods
Arla Foods
Dairy Farmers of America
Kraft Foods
Saputo
Parmalat

Key Market Segmentation:

Breakup by Product Type:

Whole Milk Powder
Skimmed Milk Powder

Breakup by Function:

Emulsification
Foaming
Flavouring
Thickening

Breakup by Application:

Infant Formula
Confectionery
Sports and Nutrition Foods
Bakery Products
Dry Mixes
Fermented Milk Products
Meat Products
Others

Regional Insights:

European Union
New Zealand
China
United States
Brazil
Others

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Key highlights of the report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.