Press release
Milk Powder Market Size, Share, Demand, Key Players, Industry Analysis and Forecast 2023-2028
According to IMARC Group's latest report, titled "๐๐ข๐ฅ๐ค ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The global milk powder market size reached US$ 32.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 47.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.Milk powder refers to a concentrated form of milk that is generally prepared by dehydrating liquefied milk via spray drying methods until it changes into a powder. It is convenient to use and has a longer shelf life. As such, milk powder is extensively utilized by consumers as an alternative to fresh milk in a wide range of food preparation, including confectionaries, infant formulas, savory items, desserts, etc. It has the ability to bind water and exhibits foaming and emulsifying properties. In line with this, milk powder is a rich source of various essential nutrients, such as protein, vitamins, calcium, iron, sodium, cholesterol, potassium, fat, carbohydrates, etc., that are beneficial for overall health development.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐: https://www.imarcgroup.com/milk-powder-processing-plant/requestsample
Milk Powder Market Trends:
The escalating demand for convenient food products is primarily augmenting the milk powder market. Furthermore, the rising investments in e-commerce infrastructures, continuous improvements in the supply chain distribution channels, and the introduction of online delivery models are also bolstering the market growth. Apart from this, the widespread adoption of milk powder, as it can be stored without refrigeration and easily transported without the need for cold chain facilities, is positively influencing the global market. Moreover, the growing consumer health consciousness and the changing dietary patterns of individuals are acting as significant growth-inducing factors. Besides this, numerous technological advancements in the production processes for retaining the nutrient content of milk are further catalyzing the market growth. Additionally, the increasing utilization of aggressive marketing strategies, promotional campaigns, and celebrity endorsements, and the development of innovative packaging solutions are expected to fuel the milk powder market in the coming years.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.imarcgroup.com/request?type=report&id=504&flag=F
Milk Powder Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the milk powder market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
โข Nestlรฉ S.A.
โข Danone S.A.
โข Lactalis Group
โข Fonterra Co-operative Group Limited
โข Royal FrieslandCampina N.V.
โข Dean Foods
โข Arla Foods
โข Dairy Farmers of America Inc.
โข Kraft Heinz Company
โข Saputo, Inc.
โข Parmalat S.p.A.
Key Market Segmentation:
The report has segmented the milk powder market on the basis of product type, function, application and region.
Breakup by Product Type:
โข Whole Milk Powder
โข Skimmed Milk Powder
Breakup by Function:
โข Emulsification
โข Foaming
โข Flavouring
โข Thickening
Breakup by Application:
โข Infant Formula
โข Confectionery
โข Sports and Nutrition Foods
โข Bakery Products
โข Dry Mixes
โข Fermented Milk Products
โข Meat Products
โข Others
Regional Insights:
โข European Union
โข New Zealand
โข China
โข United States
โข Brazil
โข Others
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=504&flag=C
This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
โข Market Performance (2017-2022)
โข Market Outlook (2023-2028)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข 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.
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
134 N 4th St Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Milk Powder Market Size, Share, Demand, Key Players, Industry Analysis and Forecast 2023-2028 here
News-ID: 3036891 • Views: โฆ
More Releases from IMARC Group

Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw โฆ
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up anโฆ

Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- โฆ
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
โข Halal Cosmetics Marketโฆ

Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ โฆ
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,โฆ

Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M โฆ
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such asโฆ
More Releases for Milk
Yak Milk Market is Booming Worldwide | Kutwal Foods, Kanhaiyya Milk & Milk Produ โฆ
Advance Market Analytics published a new research publication on "Global Yak Milk Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Yak Milk market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy ofโฆ
Dairy Alternative Market analysis report with Major Products- Soy Milk, Almond M โฆ
Dairy Alternative Market Insights and Trends:
The latest Market report by a Data Bridge Market Research with the title [North America Dairy Alternative Market - Industry Trends and Forecast to 2026] . The Dairy Alternative report helps you to be there on the right track by making you focus on the data and realities of the industry. The Dairy Alternative report provides market potential for each geographical region based on theโฆ
Asia-Pacific Dairy Alternative Market 2020-2026 Future Outlook with Major Types- โฆ
The latest Market report by a Data Bridge Market Research with the title [Asia-Pacific Dairy Alternative Market - Industry Trends and Forecast to 2026] . Dairy Alternative Market research analysis and data lend a hand to businesses for the planning of strategies related to COVID-19 impact on industry, investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Dairy Alternative market insights with the new skills, latest tools andโฆ
Coconut Milk Market, Coconut Milk Market Trends, Coconut Milk Market Share, Coco โฆ
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled โCoconut Milk Market: Global Industry Analysis and Opportunity Assessment 2017-2027โ to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Request Sample Copy of Coconut Milk Marketโฆ
North America Milk Market Expected to Reach USD 35.8 billion by 2019| Product Ty โฆ
Milk is an important part of daily diet due to its high nutritional value and health benefits. The product types of milk include buttermilk, powder milk, flavored milk and liquid milk. Presently, growing health concerns, changing taste and preference for healthy food are some of the major factors driving the milk market in North America. In terms of competition among the milk processors, the market share of private label isโฆ
Milk and Milk Product Processing Unit
Our expert has prepared a โBusiness Plan and Project Report on Milk Processing Unitโ
We team Meticulous, are working on consulting project โ setting of a Milk Processing unit for our client. We are done with the feasibility study, business modeling, and business planning. Our experts have studied the dairy industry and wanted to share a bit of information with you.
Milk processing begins with the production of raw milk. Because theโฆ