Market Overview:
The global powdered milk market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for organic milk, increasing demand for infant formulas, and growing bakery products industry. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into organic whole powdered milk and organic skimmed powdered milk. Organic whole powdered milk held a larger share in 2017 owing to its high nutritional value as compared to other types of powdered milks available in the market. On the basis of application, it is classified into infant formulas, confectionery products (cakes/pastries), bakery products (breads/pizzas), and others (dairy drinks/ice creams). Infant formula segment accounted for a major share in 2017 due to rising awareness about benefits associated with breastfeeding among parents across different regions worldwide. Geographically, it has been analyzed across North America (U.S., Canada), Latin America (Brazil), Europe (Germany France Italy Spain U K.), Asia Pacific excluding Japan) APEJ) China India Australia & New Zealand Rest Of APEJ MEA).
Product Definition:
Powdered milk is cow's milk that has been reduced to a dry powder by evaporating the water content. It is used as a food ingredient and in feed for livestock.
Organic Whole Powdered Milk:
Organic whole powdered milk is a dairy product, which is produced by separating the liquid content from the whole milk and then filtering it to obtain cream. It has all natural ingredients including no artificial flavors or sweeteners and contains all essential nutrients as that of regular whole milk. The major difference between this product and other products in its segment is that this one does not contain any sugar or any type of sweetener at all.
Organic Skim Powdered Milk:
Organic skim powdered milk is a by-product obtained during the processing of regular whole milk. It has several nutritional benefits like other forms of powdered milk and it's also low in calories. Organic skim powder is used to produce various dairy products such as ice cream, yogurt, beverages, and others. The rising demand for dairy products along with increasing health concerns among consumers are expected to drive the market growth over the forecast period.
Application Insights:
The infant formulas segment dominated the global market and accounted for a revenue share of more than 40.0% in 2017. The demand for powdered milk is expected to increase owing to growing awareness about the benefits of breastfeeding coupled with rising disposable income levels among consumers in developing countries including China, India, Vietnam and Thailand. Moreover, increasing number of working women who have returned to work due to economic development is expected to boost product demand as an infant formula substitute over the forecast period.
Bakery products are anticipatedto witness significant growth overthe forecast period on account of increasing consumer preference towards bakery products that contain dietary fibers along with proteins and fats which help strengthen their digestive system against lactose intolerance or allergies caused by milk protein allergy in children below 6 years age group.
Regional Analysis:
Europe dominated the global market in 2017, accounting for a share of more than 30.0% owing to growing demand for dairy products with low sugar and fat content in countries such as Germany, U.K., France, and Italy. Furthermore, increasing number of lactose intolerants is expected to drive the product demand over the forecast period.
North America also held a significant share in 2017 owing to high consumption levels of milkfat beverages among consumers especially among working class people along with easy accessability at reasonable prices has been fueling its demand across this region since years. Moreover, presence of major manufacturers including Danone S.A., Mead Johnson & Company LLC; Abbott Nutrition; Horizon Organic Dairy Inc.; White Wave Foods Co.
Growth Factors:
- Increasing demand for milk products in developing countries: The global population is growing at a rapid pace and so is the demand for milk products. Powdered milk is an affordable and convenient way to meet this increasing demand, especially in developing countries where dairy infrastructure is often lacking.
- Rising income levels in emerging markets: As more people in emerging markets become affluent, they are increasingly able to afford high-quality dairy products such as powdered milk. This growth in demand has helped to drive the powdered milk market forward over the past few years.
- Growing popularity of functional foods: Powdered milk has long been used as an ingredient in various food items such as breads, cakes, and biscuits due to its nutritional benefits. As consumers become more health-conscious, they are increasingly turning to functional foods that contain powdered milk as one of their key ingredients.
Scope Of The Report
Report Attributes
Report Details
Report Title
Powdered Milk Market Research Report
By Type
Organic Whole Powdered Milk, Organic Skim Powdered Milk
By Application
Infant Formulas, Confections, Bakery Products, Other
By Companies
HiPP GmbH & Co. Vertrieb KG, Verla (Hyproca), OMSCo, Prolactal GmbH (ICL), Ingredia SA, Aurora Foods Dairy Corp., OGNI (GMP Dairy), Hochdorf Swiss Nutrition, Triballat Ingredients, Organic West Milk, Royal Farm, RUMI (Hoogwegt), SunOpta, Inc., NowFood
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Powdered Milk Market Report Segments:
The global Powdered Milk market is segmented on the basis of:
Types
Organic Whole Powdered Milk, Organic Skim Powdered Milk
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
Infant Formulas, Confections, Bakery Products, Other
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:
- HiPP GmbH & Co. Vertrieb KG
- Verla (Hyproca)
- OMSCo
- Prolactal GmbH (ICL)
- Ingredia SA
- Aurora Foods Dairy Corp.
- OGNI (GMP Dairy)
- Hochdorf Swiss Nutrition
- Triballat Ingredients
- Organic West Milk
- Royal Farm
- RUMI (Hoogwegt)
- SunOpta, Inc.
- NowFood
Highlights of The Powdered Milk 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:
- Organic Whole Powdered Milk
- Organic Skim Powdered Milk
- By Application:
- Infant Formulas
- Confections
- Bakery Products
- Other
- 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 Powdered Milk 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.
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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?
Powdered milk is a type of milk that has been ground into a fine powder. Powdered milk can be used as an ingredient in recipes or to make drinks.
Some of the key players operating in the powdered milk market are HiPP GmbH & Co. Vertrieb KG, Verla (Hyproca), OMSCo, Prolactal GmbH (ICL), Ingredia SA, Aurora Foods Dairy Corp., OGNI (GMP Dairy), Hochdorf Swiss Nutrition, Triballat Ingredients, Organic West Milk, Royal Farm, RUMI (Hoogwegt), SunOpta, Inc., NowFood.
The powdered milk 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. Powdered Milk 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. Powdered Milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Powdered Milk Market - Supply Chain
4.5. Global Powdered Milk Market Forecast
4.5.1. Powdered Milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Powdered Milk Market Size (000 Units) and Y-o-Y Growth
4.5.3. Powdered Milk Market Absolute $ Opportunity
5. Global Powdered Milk 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. Powdered Milk Market Size and Volume Forecast by Type
5.3.1. Organic Whole Powdered Milk
5.3.2. Organic Skim Powdered Milk
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Powdered Milk 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. Powdered Milk Market Size and Volume Forecast by Application
6.3.1. Infant Formulas
6.3.2. Confections
6.3.3. Bakery Products
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Powdered Milk 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. Powdered Milk 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 Powdered Milk 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. Powdered Milk 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 Powdered Milk Demand Share Forecast, 2019-2026
9. North America Powdered Milk 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 Powdered Milk 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 Powdered Milk Market Size and Volume Forecast by Application
9.4.1. Infant Formulas
9.4.2. Confections
9.4.3. Bakery Products
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Powdered Milk Market Size and Volume Forecast by Type
9.7.1. Organic Whole Powdered Milk
9.7.2. Organic Skim Powdered Milk
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 Powdered Milk Demand Share Forecast, 2019-2026
10. Latin America Powdered Milk 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 Powdered Milk 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 Powdered Milk Market Size and Volume Forecast by Application
10.4.1. Infant Formulas
10.4.2. Confections
10.4.3. Bakery Products
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Powdered Milk Market Size and Volume Forecast by Type
10.7.1. Organic Whole Powdered Milk
10.7.2. Organic Skim Powdered Milk
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 Powdered Milk Demand Share Forecast, 2019-2026
11. Europe Powdered Milk 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 Powdered Milk 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 Powdered Milk Market Size and Volume Forecast by Application
11.4.1. Infant Formulas
11.4.2. Confections
11.4.3. Bakery Products
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Powdered Milk Market Size and Volume Forecast by Type
11.7.1. Organic Whole Powdered Milk
11.7.2. Organic Skim Powdered Milk
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential nalysis
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 Powdered Milk Demand Share, 2019-2026
12. Asia Pacific Powdered Milk 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 Powdered Milk 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 Powdered Milk Market Size and Volume Forecast by Application
12.4.1. Infant Formulas
12.4.2. Confections
12.4.3. Bakery Products
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Powdered Milk Market Size and Volume Forecast by Type
12.7.1. Organic Whole Powdered Milk
12.7.2. Organic Skim Powdered Milk
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 Powdered Milk Demand Share, 2019-2026
13. Middle East & Africa Powdered Milk 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 Powdered Milk 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 Powdered Milk Market Size and Volume Forecast by Application
13.4.1. Infant Formulas
13.4.2. Confections
13.4.3. Bakery Products
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Powdered Milk Market Size and Volume Forecast by Type
13.7.1. Organic Whole Powdered Milk
13.7.2. Organic Skim Powdered Milk
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 Powdered Milk Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Powdered Milk Market: Market Share Analysis
14.2. Powdered Milk Distributors and Customers
14.3. Powdered Milk Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HiPP GmbH & Co. Vertrieb KG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Verla (Hyproca)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OMSCo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Prolactal GmbH (ICL)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ingredia SA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aurora Foods Dairy Corp.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OGNI (GMP Dairy)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hochdorf Swiss Nutrition
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Triballat Ingredients
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Organic West Milk
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Royal Farm
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RUMI (Hoogwegt)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SunOpta, Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. NowFood
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
