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Global Skimmed Milk Powder Market: Rise in the Number of Working Women Stokes Growth

Global Skimmed Milk Powder Market: Rise in the Number of Working

Skimmed milk powder, also referred to as nonfat dry milk, is rich in animal protein and carbohydrates. Its global market has seen a surge in the past one decade owing to its widespread application in the food industry, particularly in bakery and confectionery, finds a report by Transparency Market Research. The report, titled, “Skimmed Milk Powder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024,” states that the market has also been augmented due to the substantial demand from working women who have little time to nurse their newborns.

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Some infants’ intolerance to breastfeeding has generated demand in the global skimmed milk market too. Besides, skimmed milk powder helps prevent the transfer of disease from the mother’s body to that of the baby and are convenient to use. This has led to their uptake as well. Countering the growth in the market is the dearth of antibodies in them, which are required for building up a child’s immune system. Further, skimmed milk powder is not natural and infants find it tough to digest. This has also worked against them.

Having discussed the factors promoting or hindering the market, the report goes on to segment the market based on different parameters. Depending upon the type, for example, it has segmented the market into flavored non-fat powder, whole milk powder, and butter milk powder, among others. Depending upon the nutritional value gain, the market can be divided into minerals, lactose, fat, etc. The report also lists the different applications of skimmed milk powder. They are infant formulas, confectionery, dry mixes, bakery, frozen desserts, nutritional food, fermented milk products, and meat products.

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Geographically, the key regions in the global market for skimmed milk powder covered in the report are Latin America, Europe, North America, Asia- Pacific and China (APAC), and Middle East and Africa (MEA). Among them, North America leads the market on account of a fast paced lifestyle and a burgeoning food industry. Europe trails North America in the second position for the same reasons. Asia Pacific, going forward, will generate significant opportunities due to the rapidly changing food habits of consumers.

The report studies the global market for skimmed milk powder in-depth. It throws light on the current market size and the share and prospects of each segment. The report has been prepared after extensive primary research, which entailed gathering inputs from industry experts, and secondary research, which involved gathering information from paid and open sources.

To assess the competition prevailing in the global market for skimmed milk powder, some of the prominent companies profiled by the report are Alpen Dairies, Nestle, Dairy America, Unilever, Nova Dairy products, and Amul.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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