Press release
Non Fat Dry Milk Market Surges: Forecasts, Key Players, and Emerging Trends Unveiled
Non Fat Dry Milk Market
Swift growth coveted by Non-Fat Dry Milk Market as size projected to reach $11.26 billion by 2029
What Is The Projected Market Size Of The Global Non Fat Dry Milk Market And Its Growth Rate?
•The non-fat dry milk market showed substantial growth in recent years and is poised for continued escalation.
•From $8.41 billion in 2024, it's expected to grow to $8.92 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%.
•Attributable to increased dairy products consumption, consumer preferences, dairy industry competition, economic factors, and use as a vital ingredient in food products.
•The non-fat dry milk market size is forecasted to reach $11.26 billion in 2029 with a CAGR of 6.0%.
•The forecasted growth is linked to supply chain management, health and wellness trends, dietary preferences, dairy alternatives, rising population, and urbanization.
What Is Driving The Growth In The Non Fat Dry Milk Market?
The upward trend in the non-fat dry milk market is primarily ushered in by growing health consciousness among consumers. These health-conscious consumers lead a wellness-oriented lifestyle, and their increasing numbers promote the demand for non-fat dry milk due to its various advantages over alternative milk types. Notably, powdered milk ensures the same nutritional value as fresh milk while providing requisite minerals for bone development, and meeting nutrition requirements with its high protein, calcium, vitamin D, and vitamin A content. Per the International Food Information Council's online survey in 2024, 54% of Americans reported adhering to a healthy diet or eating pattern in 2024, a rise from 52% in 2023.
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Who Are the Key Players Driving Non Fat Dry Milk Market Growth?
•Blue Diamond Growers Co.
•All American Foods Inc.
•Alpen Food Group
•American Dairy Products Institute
•Anand Milk Union Limited
•Arla Foods AMBA
•Bluegrass Ingredients Inc.
•Bob's Red Mill Natural Foods Inc.
•Cayuga Milk Ingredients LLC
•Chicago Dairy Corporation
•Clofine Dairy & Food Products
•DairyAmerica Inc.
•DANA Dairy Group Ltd.
•Danone SA
•Glanbia Ingredients Ireland Limited
•Hilmar Cheese Company
•Hochdorf Holding AG
•Holland Dairy Foods LLC
•Nestlé SA
•NOW Foods Pvt. Ltd.
•Organic Valley Cropp Cooperative
•Revala Ltd.
•St Albans Cooperative Creamery
•SunOpta Inc.
•Vreugdenhil Groep B.V.
•Agropur Cooperative
•Associated Milk Producers Inc.
•Aurora Dairy Corporation
•California Dairies, Inc.
•Continental Dairy Facilities LLC.
What Are The Key Trends In The Non Fat Dry Milk Market?
•Product innovations
•Functional foods integration
•Sustainable product introduction
•Plant-based alternatives
What Are The Segments Of The Global Non Fat Dry Milk Market?
•By Type: Spray Dried, Roller Dried
•By Classification: High-Heat NFDM, Medium-Heat NFDM, Low-Heat NFDM
•By Variety: Almond NFDM, Coconut NFDM, Soy NFDM, Other Varieties
•By Function: Browning Or Color, Emulsification, Foaming, Water Binding, Flavor
•By End-User: Residential, Commercial
Which Region Leads The Non Fat Dry Milk Market?
North America was the most prominent region in the non-fat dry milk market in 2024, while the fastest-growing region is predicted to be Asia-Pacific. The non-fat dry milk market encompasses regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Non Fat Dry Milk Market Global Market Report?
- Market Size Analysis: Analyze the Non Fat Dry Milk Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Non Fat Dry Milk Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Non Fat Dry Milk Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Non Fat Dry Milk Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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