Market Overview:
The global milk powder for adults market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for milk powder products due to their nutritional benefits, especially among the aging population. In addition, rising awareness about the health benefits of milk powder is also propelling the growth of this market. Based on type, whole milk powder dominates the global milk powder for adults market and is expected to continue its dominance during the forecast period. This can be attributed to its high nutritional value as compared to other types of milk powders available in the market. Skimmed milk powders are growing in popularity due their low fat content and are expected to witness significant growth duringthe forecast period.
Product Definition:
A milk powder is a dry, powdered form of milk that is produced by evaporating milk to a thin film and then spraying it into heated air where the water quickly evaporates, leaving behind fine particles of solids. Milk powder is an important source of nutrients for adults, including protein, calcium, and vitamin D. It can be used in beverages or recipes to make them more creamy or flavorful.
Whole Milk Powder:
Whole milk powder is a by-product obtained during the process of separating cream from whole milk. It has several benefits such as it contains all the essential nutrients and proteins, helps in increasing the level of calcium in bones and teeth, improves digestion and absorption rate along with providing energy to body tissues.
It also reduces aging effects on skin, prevents hair loss & promotes hair growth along with reducing wrinkles.
Skim Milk Powder:
Skim milk powder is a fine powder made from skimmed milk. It has high nutritional value and can be used as an alternative to normal milk for adults. The product helps in reducing fat content, cholesterol level and blood sugar levels of the body. It also reduces the risk of heart diseases owing to its low-fat composition.
Application Insights:
On the basis of application, the global milk powder for adults market has been segmented into age 18-35, age 35-55 and above 55 years. The age 18-35 segment held a major share in 2017 owing to increasing consumption of dairy products such as milk and yogurt among this demographic group. Moreover, growing awareness about health benefits associated with these products is expected to boost demand over the forecast period.
The above 55 years category is projected to witness significant growth over the forecast period due to rising geriatric population across countries such as China, Japan and Germany which will increase demand for dietary supplements containing calcium & vitamin D among others. Furthermore, increasing incidences of osteoporosis coupled with high nutritional value of milk powder will further propel demand in this segment during future period.
Regional Analysis:
Asia Pacific held the largest market share of about 38% in 2017. The region is expected to continue its dominance over the forecast period, with China being one of the major countries contributing to this growth. Increasing per capita consumption and rising awareness regarding healthy lifestyles are among key factors driving regional product demand. In addition, growing population and rapid urbanization have resulted in an increased need for food products, thus driving industry expansion over the past few years.
Europe was estimated to be USD X billion in 2017 owing to high demand from Germany.
Growth Factors:
- Increasing awareness about the health benefits of milk powder for adults.
- Rising disposable income of consumers in developing countries.
- Growing demand for healthy and nutritious food products.
- Proliferation of retail outlets that sell milk powder for adults products globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Milk Powder for Adults Market Research Report
By Type
Whole Milk Powder, Skim Milk Powder
By Application
Age 18-35, Age 35-55, Age >55
By Companies
Abbott, Nestle, Anlene, Murray Goulburn, Regilait, Yili, Fasska, Yashily, Vreugdenhil Dairy, Anchor, GMP, Feihe, Tatura, Ausino Products, Wondersun, Able Food Sdn Bhd, Mengniu, Anmumâ„¢ Malaysia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Milk Powder for Adults Market Report Segments:
The global Milk Powder for Adults market is segmented on the basis of:
Types
Whole Milk Powder, Skim Milk Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Age 18-35, Age 35-55, Age >55
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott
- Nestle
- Anlene
- Murray Goulburn
- Regilait
- Yili
- Fasska
- Yashily
- Vreugdenhil Dairy
- Anchor
- GMP
- Feihe
- Tatura
- Ausino Products
- Wondersun
- Able Food Sdn Bhd
- Mengniu
- Anmumâ„¢ Malaysia
Highlights of The Milk Powder for Adults Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Whole Milk Powder
- Skim Milk Powder
- By Application:
- Age 18-35
- Age 35-55
- Age >55
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Milk Powder for Adults Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Milk powder is a powdered form of milk that is used as an ingredient in foods and drinks. It can be found in products such as cereal, yogurt, ice cream, and other snacks.
Some of the key players operating in the milk powder for adults market are Abbott, Nestle, Anlene, Murray Goulburn, Regilait, Yili, Fasska, Yashily, Vreugdenhil Dairy, Anchor, GMP, Feihe, Tatura, Ausino Products, Wondersun, Able Food Sdn Bhd, Mengniu, Anmum¢â€žÂ¢ Malaysia.
The milk powder for adults market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Milk Powder for Adults Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Milk Powder for Adults Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Milk Powder for Adults Market - Supply Chain
4.5. Global Milk Powder for Adults Market Forecast
4.5.1. Milk Powder for Adults Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Milk Powder for Adults Market Size (000 Units) and Y-o-Y Growth
4.5.3. Milk Powder for Adults Market Absolute $ Opportunity
5. Global Milk Powder for Adults Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Milk Powder for Adults Market Size and Volume Forecast by Type
5.3.1. Whole Milk Powder
5.3.2. Skim Milk Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Milk Powder for Adults Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Milk Powder for Adults Market Size and Volume Forecast by Application
6.3.1. Age 18-35
6.3.2. Age 35-55
6.3.3. Age >55
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Milk Powder for Adults Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Milk Powder for Adults Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Milk Powder for Adults Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Milk Powder for Adults Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Milk Powder for Adults Demand Share Forecast, 2019-2029
9. North America Milk Powder for Adults Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Milk Powder for Adults Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Milk Powder for Adults Market Size and Volume Forecast by Application
9.4.1. Age 18-35
9.4.2. Age 35-55
9.4.3. Age >55
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Milk Powder for Adults Market Size and Volume Forecast by Type
9.7.1. Whole Milk Powder
9.7.2. Skim Milk Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Milk Powder for Adults Demand Share Forecast, 2019-2029
10. Latin America Milk Powder for Adults Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Milk Powder for Adults Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Milk Powder for Adults Market Size and Volume Forecast by Application
10.4.1. Age 18-35
10.4.2. Age 35-55
10.4.3. Age >55
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Milk Powder for Adults Market Size and Volume Forecast by Type
10.7.1. Whole Milk Powder
10.7.2. Skim Milk Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Milk Powder for Adults Demand Share Forecast, 2019-2029
11. Europe Milk Powder for Adults Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Milk Powder for Adults Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Milk Powder for Adults Market Size and Volume Forecast by Application
11.4.1. Age 18-35
11.4.2. Age 35-55
11.4.3. Age >55
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Milk Powder for Adults Market Size and Volume Forecast by Type
11.7.1. Whole Milk Powder
11.7.2. Skim Milk Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Milk Powder for Adults Demand Share, 2019-2029
12. Asia Pacific Milk Powder for Adults Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Milk Powder for Adults Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Milk Powder for Adults Market Size and Volume Forecast by Application
12.4.1. Age 18-35
12.4.2. Age 35-55
12.4.3. Age >55
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Milk Powder for Adults Market Size and Volume Forecast by Type
12.7.1. Whole Milk Powder
12.7.2. Skim Milk Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Milk Powder for Adults Demand Share, 2019-2029
13. Middle East & Africa Milk Powder for Adults Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Milk Powder for Adults Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Milk Powder for Adults Market Size and Volume Forecast by Application
13.4.1. Age 18-35
13.4.2. Age 35-55
13.4.3. Age >55
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Milk Powder for Adults Market Size and Volume Forecast by Type
13.7.1. Whole Milk Powder
13.7.2. Skim Milk Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Milk Powder for Adults Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Milk Powder for Adults Market: Market Share Analysis
14.2. Milk Powder for Adults Distributors and Customers
14.3. Milk Powder for Adults Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nestle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anlene
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Murray Goulburn
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Regilait
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yili
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fasska
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Yashily
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vreugdenhil Dairy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Anchor
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GMP
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Feihe
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tatura
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ausino Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wondersun
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Able Food Sdn Bhd
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mengniu
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Anmum Malaysia
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
