Global Milk Powder Market
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The <strong>Global</strong> <strong>Milk</strong> <strong>Powder</strong> <strong>Market</strong> was worth USD xx billion in 2016 and estimated to be growing at a<br />
CAGR of xx%, to reach USD xx billion by 2021. <strong>Milk</strong> powder is a dairy product which is obtained by<br />
evaporating milk until the milk becomes dry in the form of a powder. The main purpose of<br />
manufacturing milk powder is for preservation due to its low moisture content. It also saves<br />
transportation costs since the water is removed by heating.<br />
<strong>Milk</strong> <strong>Powder</strong> is used in a wide array of applications. It is used in the preparation of infant’s formula and<br />
confectionaries like caramel candy and chocolate. It is also used in the preparation of famous Indian<br />
desserts Gulab Jamun and Chum-Chum. In food aid supplies for war struck countries, it is a common<br />
item since fresh milk is not a feasible option. It is heavily used in developing countries owing to low<br />
storage and transportation costs. Since milk powder resembles cocaine and other similar recreational<br />
drugs, it finds applications in film making as a prop.<br />
The <strong>Global</strong> <strong>Milk</strong> <strong>Powder</strong> <strong>Market</strong> is driven by factors like diet preferences shifting towards dairy-rich<br />
tastes, increased shelf life owing to less moisture content, reduced transportation and storage costs,<br />
rising disposable incomes and increasing adoption of powdered milk as alternative to fresh milk among<br />
others. However, the market is constrained by factors like concerns for ultra-high temperature milk,<br />
reduced nutritional content and stringent regulations.<br />
The <strong>Global</strong> <strong>Milk</strong> <strong>Powder</strong> <strong>Market</strong> is divided on the basis of type into dry buttermilk, dry whey products,<br />
dry whole milk, dry dairy blends and non-fat dry milk. On the basis of application, the market is<br />
segmented into infant formulas, nutritional formulas, confectionaries and baked sweets and savouries.<br />
By function, the market is divided into foaming, emulsification, flavouring and thickening.<br />
The <strong>Global</strong> <strong>Milk</strong> <strong>Powder</strong> <strong>Market</strong> is divided based on geography into North America, Latin America, Asia-<br />
Pacific, Middle East and Africa and Europe. North America has the leading market for <strong>Milk</strong> <strong>Powder</strong> in the<br />
world. Asia Pacific holds second position in the global market and is the fastest growing region in the<br />
world. Some of the countries having a significant share in the market are US, China, India and New<br />
Zealand.<br />
Some of the major players in the market include:<br />
1) Nestle (Switzerland)<br />
2) Danone (France)<br />
3) Lactalis (France)<br />
4) Frieslandcampina (Netherlands)<br />
5) Fonterra (New Zealand)<br />
6) Dean Foods (U.S.)<br />
7) Arla Foods (Denmark)
8) Dairy Farmers Of America (U.S.)<br />
9) Kraft Foods (U.S.)<br />
10) Saputo (Canada).<br />
<strong>Market</strong> Segmentation:<br />
1) Type<br />
2) Application<br />
3) Function<br />
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Scope of the Report:<br />
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<strong>Global</strong>, regional and country-level analysis and forecasts of the study market; providing Insights<br />
on the major countries/regions in which this industry is blooming and to also identify the<br />
regions that are still untapped<br />
Segment-level analysis in terms type, application and function along with market size forecasts<br />
and estimations to detect key areas of industry growth in detail<br />
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and<br />
their impact on shifting market dynamics<br />
Study of the effect of exogenous and endogenous factors that affect the global market; which<br />
includes broadly demographic, economics, and political, among other macro-environmental<br />
factors presented in an extensive PESTLE Analysis<br />
Study the micro environment factors that determine the overall profitability of an Industry,<br />
using Porter’s five forces analysis for analyzing the level of competition and business strategy<br />
development<br />
A comprehensive list of key market players along with their product portfolio, current strategic<br />
interests, key financial information, legal issues, SWOT analysis and analyst overview to study<br />
and sustain the market environment<br />
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field<br />
along with new product launches, comparative financial studies and recent developments in the<br />
market by the major companies
An executive summary, abridging the entire report in such a way that decision-making<br />
personnel can rapidly become acquainted with background information, concise analysis and<br />
main conclusions<br />
Expertly devised analyst overview along with Investment opportunities to provide both<br />
individuals and organizations a strong financial foothold in the market<br />
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