Milk Powder Market was valued at $27,783.3 million in 2017 and is projected to reach $38,086.1 million by 2027, growing at a CAGR of 4% from 2021 to 2027.
Powdered milk is a dry dairy product made by evaporating and dehydrating milk. The purpose of making formula is to increase the shelf life of milk without using a refrigerator. Various types of milk powder include whole milk powder, skim milk powder, and dairy whitening agents. It is widely consumed worldwide due to its nutritional benefits applied to infant formulas, sweets, baked desserts, and savory items.
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The key players profiled in this report include Arla Foods amba, Dairy Farmers of America Inc., Danone, Dean Foods Company, Fonterra Co-operative Group, Kraft Foods Inc., Lactalis Group, Nestle S.A, Saputo Inc., and Schreiber Foods Inc.
Milk Powder Key Market Segments:
By Type
- Whole Milk Powder
- Skimmed Milk Powder
- Dairy Whitener
- Buttermilk Powder
- Fat Filled Milk Powder
- Other Milk Powder
By Application
- Nutritional Food
- Infant Formulas
- Confectionaries
- Baked Sweets
- Savories
- Others
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Scope of the Report
The research study analyzes the global Milk Powder industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Milk Powder Market Report
1. What was the Milk Powder Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Milk Powder Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Milk Powder Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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