Powdered Milk Market - Forecast(2024 - 2030)

Report Code: FBR 0335 Report Format: PDF + Excel

Global Powdered Milk Market Overview

As per an estimation by UNICEF, 386,000 is the number of births per day which brings the global rate per annum to be around 141 million. Owing to effective measures by elite organizations and governments, infant mortality rate has decreased from 8.8 million in 1990 to 4.1 million in 2017 (WHO). UN Population Division released a periodic report for 2017 stating the number of children below 15 years to be 1.9 billion, constituting a major 27% of the world population. Milk is the main source of nutrition for infants and children and the powdered milk market is gaining traction due to its far longer shelf life than liquid milk. Cooling units or refrigerators are yet to enter the developing economies’ households and retail-markets, augmenting the application of powdered milk as it does not need to be refrigerated being low in moisture.

IndustryARC business intelligence report ratifies the global powdered milk market size to be ranging from $10.0 - $10.4 billion as of 2018. This multi-billion dollar nutritional arcade includes various types of dried milk such as skimmed milk powder, whole milk powder, and milk permeate.

In this segment, whole milk is gaining traction owing to its application in the robustly growing F&B industry worldwide and is progressing at a CAGR of 1.5%-2.5% going through 2025.

Global Powdered Milk Market Outlook

As per the International Dairy Federation, milk production is escalating every year at 2.3% and the consumption of dairy products is expected to witness a surge of 25% by 2024. With 750 million of population engaged in milk production, the gross production value of raw milk across the world was $328.4 billion in 2013. Now with growing adoption of powdered milk owing to its beneficial traits such as longer shelf life, independent of refrigeration, mobility and easy-to-use, the powdered milk market is all set to divert a huge chunk of revenue from global milk marketplace into its own revenue pocket.

The United States confectionery industry registers around $35billion in retail sales each year, according to Forbes. Brazil is another key country emerging as the top 10 largest markets for confections and candy and recorded a retail sales of $ 2.5 billion in 2014, forecast to grow over by 10% totaling $2.26 billion. Powdered milk that contain high free fat can interact directly with the cocoa butter in chocolate reducing its viscosity making the process economical and the end-products nutritional. Thus the application of milk in the untamed chocolate industry is all set to stroke the powdered milk market with abundant demand.

Malnutrition Concerns Countered by Powdered Milk Market Companies

In 2018, WHO factsheet on malnutrition stated an alarming fact that 45% of deaths among children are linked to under nutrition and 462 million adults are underweight. Maximum of these circumstances are pertinent to huge number of low- and middle-income countries. Milk is the basic source of nutrition and milk powder due to its economical traits such as easy-to-transport and preservation has all the obligatory potential to capture the fluid milk market and penetrate the enormous number of economies below the apt nutrition radar.

Regional Powdered Milk Market Analysis

After an acute regional-analysis of the powdered milk market, Europe is stated to hold the apex position. The European market held a major 30%-33% of the global powdered milk market share as of 2018. As per the European Dairy Association annual report of 2018, there are more than 12,000 milk production sites in Europe which brings in more than $11.2 billion to the overall EU trade balance. Milk powder and cheese have been the top performer among EU-exports of different dairy products, with skimmed milk powder reaching a new all-time-record of nearly 800,000 tonnes in 2017. On 8th December, 2017 EU and Japan reached an agreement to reduce export tariffs on EU for skimmed milk powder by 95%.

Key Players:

Some of the key players of the global powdered milk market referred in the report are Nestle, Danone, Lactalis, Frieslandcampina, Fonterra, Dean Foods, Arla Foods, Dairy Farmers Of America, Kraft Foods, Saputo and Parmalat.

Milk is an integral part of diet among the people of all age groups ranging from infants to geriatric.
Milk powder is among the several pasteurized form of fresh milk with all the necessary efficient nutrients such as standard amino acids, the building blocks of proteins, and are high in soluble vitamins and minerals. Due to its powder form and mobility it is a common item in the UN food supply program addressing hunger and food security and it longer shelf life augments its retail value in supermarkets. Increasing number of births and child population are the major factors affecting the global powdered milk market size.

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1. Powdered Milk Market - Overview
1.1. Definitions and Scope
2. Powdered Milk Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Powdered Milk Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Powdered Milk Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Powdered Milk Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Powdered Milk Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Powdered Milk Market -Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Powdered Milk Market – By Source (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Milk from Animals and trees Cow Buffalo Goat Sheep Camel Coconut tree Almond
9. Powdered Milk Market – By Application (Market Size -$Million / $Billion)
9.1. Households
9.1.1. Infants
9.1.2. Adults
9.1.3. Senior Citizen
9.1.4. Others 
9.2. Commerical
9.2.1. Bakery and Food 
9.2.2. Dairy products
9.3. Others
10. Powdered Milk Market – By Fat content (Market Size -$Million / $Billion)
10.1. Skimmed Milk Powder
10.2. Semi skimmed Milk Powder
10.3. Whole Milk Powder
10.4. Milk permeate
10.5. Whey or butter milk
10.6. Others
11. Powdered Milk Market – By Packaging (Market Size -$Million / $Billion)
11.1. Paper bags
11.2. Containers
12. Powdered Milk - By Geography (Market Size -$Million / $Billion)
12.1. Powdered Milk Market - North America Segment Research
12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis 
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
12.3. Powdered Milk - South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis 
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
12.5. Powdered Milk - Europe Segment Research
12.6. Europe Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis 
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
12.7. Powdered Milk – APAC Segment Research
12.8. APAC Market Research (Market Size -$Million / $Billion)
12.8.1. Segment type Size and Market Size Analysis 
12.8.2. Revenue and Trends
12.8.3. Application Revenue and Trends by type of Application
12.8.4. Company Revenue and Product Analysis
12.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia
13. Powdered Milk Market - Entropy
13.1. New product launches
13.2. M&A's, collaborations, JVs and partnerships
14. Powdered Milk Market – Industry / Segment Competition landscape Premium
14.1. Market Share Analysis
14.1.1. Market Share by Country- Top companies
14.1.2. Market Share by Region- Top 10 companies
14.1.3. Market Share by type of Application – Top 10 companies
14.1.4. Market Share by type of Product / Product category- Top 10 companies
14.1.5. Market Share at global level- Top 10 companies
14.1.6. Best Practises for companies
15. Powdered Milk Market – Key Company List by Country Premium
16. Powdered Milk Market Company Analysis
16.1. Market Share, Company Revenue, Products, M&A, Developments
16.2. Nestle
16.3. Amul
16.4. white wave
16.5. Chicago dairy
16.6. Danone
16.7. Company 6
16.8. Company 7
16.9. Company 8
16.10. Company 9
16.11. Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
17. Powdered Milk Market -Appendix
17.1. Abbreviations
17.2. Sources
18. Powdered Milk Market -Methodology Premium
18.1. Research Methodology
18.1.1. Company Expert Interviews
18.1.2. Industry Databases
18.1.3. Associations
18.1.4. Company News
18.1.5. Company Annual Reports
18.1.6. Application Trends
18.1.7. New Products and Product database
18.1.8. Company Transcripts
18.1.9. R&D Trends
18.1.10. Key Opinion Leaders Interviews
18.1.11. Supply and Demand Trends