Whole Milk Powder Market Size Will Hit 7.5 Million Tons By 2028 | Growth With Recent Trends & Demand

The latest report published by IMARC Group, titled "𝐖𝐡𝐨𝐥𝐞 𝐌𝐢𝐥𝐤 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", The study provides a detailed analysis of the industry, including the whole milk powder market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the whole milk powder market?

The global whole milk powder market size reached 6.2 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 7.5 Million Tons by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028.

What is Whole Milk Powder?

Whole milk powder is a factory-produced dairy product that is prepared by dehydrating pasteurized milk through evaporation or spray drying procedures in heated chambers until it forms into powder. This approach helps lower the moisture content from the product, resulting in reduced milk weight and extended shelf life without refrigeration. Whole milk powder exhibits similar nutritional values as fluid milk. It can also be fortified with nutrients such as vitamins and calcium to increase its nutritional value. In addition to this, it has a creamy texture and a pleasant taste and is easy to transport over long distances without deterioration in quality. As a result, whole milk powder finds application in infant formulas, confectionaries, baked desserts, and savory items.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/whole-milk-powder-market/requestsample

Whole Milk Powder Market Trends:

The increasing consumption of various dairy products is primarily driving the market growth. Furthermore, the rising utilization of the powder in the food and beverage (F&B) sector as a hydrating, color-emulsifying, foaming, and thickening agent is favoring the market growth. Moreover, the escalating product usage in bakery products, breakfast cereals, dairy-based desserts, chocolates, coffee whiteners, milkshakes, soups and sauces, and toffees to add texture is propelling the market growth. Additionally, significant technological advancements in whole milk manufacturing operations across food manufacturing units are impelling the market growth. Besides this, extensive celebrity endorsements, the advent of low-fat product versions by key players with effective packaging, and their availability across multiple distribution channels are supporting the market growth.

Whole Milk Powder Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the whole 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:

• Lactalis International
• Nestlé S.A.
• Fonterra Co-operative Group Limited
• Royal FrieslandCampina N.V.
• Danone S.A.

𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭 𝐍𝐨𝐰 𝐰𝐢𝐭𝐡 𝟏𝟎% 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭: https://www.imarcgroup.com/checkout?id=718&method=1

Key Market Segmentation:

The report has segmented the global whole milk powder market on the basis of end-use and region.

Breakup by End Use:

• Dairy
• Infant Formulae
• Bakery
• Confectionery
• Others

Breakup by Region:

• New Zealand
• China
• European Union
• Brazil
• Argentina
• Others

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝟏𝟎% 𝐟𝐫𝐞𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/request?type=report&id=718&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

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This release was published on openPR.