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Global Skimmed Milk Powder Market Size, Share - Industry Trend and Forecast 2016 - 2024
The objective of this report is to define, describe, and forecast the market on the basis of types, applications and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.
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Skimmed milk powder is the resultant of partial fat and water removal from pasteurized milk. The protein content of the milk is adjusted by adding or removing milk constituents in a way that it does not affect the whey protein of the milk. Skimmed milk powder also known as nonfat dry milk is a source of high nutritional value such as high animal protein and carbohydrate content. Skimmed milk powder market witnesses an increasing demand owing to its wide application in the food industry especially in bakery and confectionery food items. Skimmed milk powder market experiences a significant demand among the working women for feeding their infants who are either intolerant to breastfeeding or mothers who face a time crunch due to their work life. Skimmed milk powder market is also driven by the need for convenient economy transportation. Skimmed milk powder market is expected to witness an increasing demand over the forecast period owing to its nutritional value, convenient usage anywhere and anytime.
Skimmed Milk Powder: Market Dynamics
Skimmed milk powder market is primarily driven by the growing food industry, bakery and confectionery foods in particular. Manufacturers use skimmed milk powder in baking recipes to enhance the tenderness of the food such as doughnuts, cakes and bread. Adding skimmed milk powder to bakery and confectionery products render the firmness thereby making them tender. Another r factor that fuels up the skimmed milk powder market is its increasing demand for feeding infants. Owing to its nutritional value such as vitamins and minerals that are required for an infant’s growth, mothers depend on skimmed milk powder for their babies who are intolerant to breastfeeding. Skimmed milk powder market is in high demand among working women who face difficulty in feeding their babies due to their busy work life. Feeding skimmed milk powder to babies helps prevent disease transfer from mother’s body thereby reducing the chances of the baby being unhealthy. Skimmed milk powder market is set to witness an escalating demand among the global consumers owing to its wide application in the food industry and also as it serves a way out for the problem of increasing number of working women to feed their babies.
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However, skimmed milk powder market faces few restraints that can hinder the growth of the market. Restraints such as lack of anti-bodies that are primarily necessary for building up an infant’s immunity system can be a major hindrance to the global skimmed milk powder market. Skimmed milk powder is artificially manufactured which makes it difficult for the baby to digest. Indigestion or untimely digestion can be harmful to the babies which can again restrain the growth of skimmed milk powder market.
Skimmed Milk Powder: Segmentation
Skimmed milk powder market can be segmented on the basis of types which includes:
Flavored Non Fat Powder
Whole Milk Powder
Butter Milk Powder
Othersw
Skimmed milk powder market can be segmented on the basis of nutritional value which includes:
Minerals
Calcium
Sodium
Potassium
Iron
Phosphorus
Magnesium
Others
Amino Acids
Isoleucine
Leucine
Lysine
Methionine
Phenylalanine
Others
Lactose
Fat
Others
Skimmed milk powder market can be segmented on the basis of food application which includes:
Confectionery
Bakery
Nutritional Food
Infant Formulas
Dry Mixes
Fermented Milk Products
Frozen Desserts
Meat products
Others
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Skimmed Milk Powder: Regional Segmentation
Geographical coverage for the global skimmed milk powder includes North America, Latin America, Europe, Asia- Pacific and China (APAC) and Middle East and Africa (MEA). North America followed by Europe are the dominant markets for global skimmed milk powder owing to the changing consumer lifestyles and growing food industry. APAC poses potential opportunities for skimmed milk powder market to grow owing to its changing consumer food patterns.
Skimmed Milk Powder: Key Players
Few players in the global skimmed milk powder market include Nestle, Dairy America, Alpen Dairies, Unilever, Nova Dairy products, Amul and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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