Worldwide Consumption Of Enriched Milk Powder Is Anticipated To Rise At A CAGR Of 5.9% Through 2032

Worldwide consumption of enriched milk powder is anticipated to rise at a CAGR of 5.9% through 2032. At present, the global enriched milk powder market accounts for a revenue of US$ 8.63 billion and is expected to surge to a valuation of US$ 15.38 billion by the end of the forecast period (2022-2032).

Poor eating habits have resulted in the increasing prevalence of lifestyle disorders, which has resulted in increased consumption of fortified and enriched foods to fulfil nutrition requirements.

Consumer preferences for food and nutrition have changed drastically over the past couple of decades owing to changing eating habits and rising incidence of chronic diseases.

Increasing focus on preventive healthcare and fitness has resulted in high demand for enriched and fortified foods to balance the nutrition gap created by poor lifestyle and eating habits.

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Key Segments Covered in Enriched Milk Powder Industry Research

Enriched Milk Powder Market by Flavor :

Regular
Chocolate
Vanilla
Caramel
Others

Enriched Milk Powder Market by Application :
Yogurt

Bakery
Ice Cream
Confectionery
Nutrition
Infant Formula
Processed Cheese
Others

Enriched Milk Powder Market by Distribution Channel :

Direct Sales
Indirect Sales
Store-based Retail
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Independent Stores
Others
Online Retail

Enriched Milk Powder Market by Region :

North America
Latin America
Europe
APAC
MEA

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Competitive Landscape

Key enriched milk powder manufacturers are focusing on expanding their product portfolio to drive their sales and generate revenue.

In June 2022, Fonterra, a leading dairy company's flagship brand Anchor, announced the launch of a new line of products in the Middle Eastern marketplace. The new lineup also features a fortified full cream milk powder that is made from grass-fed cows and fortified with minerals and vitamins without any added colors or preservatives.
In April 2021, Meghna Group of Industries in Bangladesh launched the country's only dessert specialist - Fresh Dessert Instant Full Cream Milk Powder. The powder is directly sourced from the best farms in New Zealand and is fortified with calcium, iron, vitamin B, D, and A.

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After reading the Enriched Milk Powder Market report, readers can:

Understand the drivers, restraints, opportunities and trends affecting the growth of the global .
Analyze key regions holding significant share of the total Enriched Milk Powder Market revenue.
Study the growth outlook of the global Enriched Milk Powder Market scenario, including production, consumption, history and forecast.
Learn consumption pattern and impact of each end use on the Enriched Milk Powder Market growth.
Investigate the recent R&D projects performed by each Enriched Milk Powder Market player.

The Enriched Milk Powder Market report answers important questions which include:

What does the status of the Enriched Milk Powder Market look?
Enriched Milk Powder Market look like after the forecast period?
Which region has the highest contribution to Enriched Milk Powder Market Devices why?
Which players remain at the top of the Enriched Milk Powder Market Outlook?
What opportunities are available for the Enriched Milk Powder Market players to expand their production footprint?
Which segment has the maximum impact on Enriched Milk Powder Market?

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