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Published Date: 2017-09-08Number of Pages: 170

Dry Whole Milk Powder Market (Product Type - Regular, Instant, UHT, Caramelized, and Organic; Sales Channel - Modern Trade, Traditional Grocery, Convenience Stores, Online Channels, and Direct Sales; Application - Home Reconstitutions, Dairy Whiteners, Bakery and Confectionery, Desserts, Ice-cream, Dairy Blends, Snacks, and Nutritional Supplements) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Global Dry Whole Milk Powder Market: Snapshot

The extended shelf life of dry milk powder that addresses perishability concerns of fresh dairy products is a key factor driving sales of powdered milk. Milk powder can be stored up to one year without substantial loss of quality. Milk powder is particularly desirable for areas that are subject to temperature extremities and for areas that do not have reliable cold chains for transport of perishable dairy products.

The low volume and low weight advantages of milk powder over milk that are easy to transport are also acting in favor of the growth of dry whole milk powder market. In addition, changing lifestyle in emerging nations of Asia Pacific driving sales of bakery and confectionery products is also exhibiting a demand for dry whole milk powder for preparation of these items.

According to a report by Transparency Market Research, the global dry whole milk powder market is expected to expand at a CAGR of 4.6% vis-à-vis revenue between 2017 and 2022. At this pace, the market will attain a valuation of US$12,761.1 mn by the end of 2022 from US$10, 2015.3 mn in 2017. 

dry whole milk powder market

Instant Dry Milk Powder Likely to Remain Attractive Product Segment

The report studies the global dry whole milk powder market based on product type, sales channel, application, and geography. In terms of product type, the report divides the dry whole milk powder market into regular, instant, UHT, caramelized, and organic. Amongst all, the segment of instant holds dominance with the segment expected to represent 30.8% of the market by the end of 2017. The instant dry whole milk powder segment is expected to expand at an attractive 4.7% CAGR between 2017 and 2025, for the segment to become worth US$3,958.1 mn by the end of 2022.

The segments of the global dry whole milk powder market depending upon sales channel are modern trade, traditional grocery, convenience stores, online channels, other retail formats, and direct sales.

On the basis of application, the segments into which the global dry whole milk powder market is divided in this report are home reconstitutions, dairy whiteners, bakery and confectionery, desserts, ice-cream, dairy blends, snacks, nutritional supplements, and others.  

Rising Purchasing Power Makes Asia Pacific Dominant Region

From a geographical standpoint, the report studies the global dry whole milk powder market across North America, Latin America, Asia Pacific except Japan, Europe, Japan, and the Middle East and Africa. Of them, Asia Pacific except Japan is currently the most attractive market for dry whole milk powder and is poised to hold dominance in the overall market between 2017 and 2022. The rising purchasing power in the emerging economies of Asia Pacific is immensely favoring of the growth of this regional market. The Asia Pacific dry whole milk powder market is likely to expand at a leading 5.2% CAGR between 2017 and 2022 to attain a valuation of US$8,654.4 mn by the end of 2022.

North America is expected to continue to remain a significant market for dry whole milk powder. This is mainly because of busy lifestyles and an established packaged food industry that displays a substantial demand for powdered milk. The region is likely to exhibit a 3.1% CAGR between 2017 and 2022 to reach a valuation of US$376 mn by the end of 2022.

Europe, on the other hand, is expected to lose 86 basis point vis-à-vis market share between 2017 and 2022. The region is likely to hold 11.4% revenue share in the global market by 2017 end. Likewise, Japan is expected to lose 10 basis point in terms of market share between 2017 and 2022.

Key players in the global dry whole milk powder market profiled in this report are Nestle, Lactalis Group, Fonterra, FrieslandCampina, Danone, Belgomilk, Dana Dairy, Saputo Ingredients, Alimra, and Amul.

Global Dry Whole Milk Powder Market: Overview

The research report on the global dry whole milk powder market studies the market in a ground-up manner with a quantitative and qualitative analysis of key growth trends, market indicators, and competitive strategies for the 2017-2022 forecast period. The report provides detailed insights into growth in key regions as well as key domestic markets for dry whole milk powder for the aforementioned forecast period.

The executive summary section of the report provides information on leading segments including estimates of market size and revenue contribution of the leading segments in the global dry whole milk powder market for the forecast period between 2017 and 2022. Market stakeholders can leverage this information to formulate gainful competitive growth strategies. The market overview section of the report discusses industry statutes and industry policies that are in the purview of the food industry that manufacturers of dry whole milk powder need to adhere to. This section also presents a market attractiveness analysis in a graphical manner that depicts market indicators over a time frame for an understanding of the growth dynamics over the forecast period.

Global Dry Whole Milk Powder Market: Trends and Opportunities

The advantage of an extended life of milk powder over milk due to low water content is one of the key factors driving sales of powdered milk. Converting milk into milk powder addresses the perishability concern associated with dairy products. This is particularly important for areas that are subject to temperature extremities and also for areas that have poor transport facilities. The transport of milk powder is also economical as compared to the transport of milk due to reduced volume and weight.

The rising disposable incomes and changing lifestyle is also having a positive impact on the global dry whole milk powder market. This is because consumers are spending substantial money on bakery and confectionery products that require dry whole milk powder in substantial amounts. The adoption of Western practices of stocking food in the pantry in emerging economies of Asia Pacific is also driving the demand for powdered milk that is available in a few types.

Global Dry Whole Milk Powder Market: Market Segmentation

The research report examines the global dry whole milk powder market in terms of product type, sales channel, application, and region. The segments of the market depending upon product type are regular, instant, UHT, caramelized, and organic. In terms of sales channel, the segments of the market are modern trade, traditional grocery store, convenience stores, online channels, other retail formats, and direct sales. The report divides the global dry whole milk powder market on the basis of application into home reconstitutions, dairy whiteners, bakery and confectionery, desserts, ice cream, dairy blends, snacks, nutritional supplements, and others.

In this report, the global dry whole milk powder market is studied across North America, Latin America, Europe, Asia Pacific except Japan, Japan, and the Middle East and Africa. Of them, Asia Pacific except Japan is the most attractive regional market which is expected to expand at a CAGR of 5.2% for the 2017-2022 forecast period.

Global Dry Whole Milk Powder Market: Competitive Analysis

This section of the report presents a detailed competitive profile of key players in the global dry whole milk powder market, namely Nestle, Lactalis Group, Fonterra, Friesland Campina, Danone, Belgomilk, Dana Dairy, Saputo Ingredients, Almira, and Amul.

Following this, competitive strategies adopted by key market players along with additional growth strategies of joint ventures and collaborations, premeditated acquisitions, product innovations, and cross-regional expansions among others have been discussed in this section of the report. Lastly, a comprehensive evaluation of stakeholder strategies as well as their winning essentials are covered in this study.

The global dry whole milk powder market is segmented as follows:

Global Dry Whole Milk Powder, by Product Type

  • Regular
  • Instant
  • UHT
  • Caramelized
  • Organic

Global Dry Whole Milk Powder, by Sales Channel

  • Modern Trade
  • Traditional Grocery Store
  • Convenience Stores
  • Online Channels
  • Other Retail Formats
  • Direct Slaes

Global Dry Whole Milk Powder, by Application

  • Home Reconstitutions
  • Dairy Whiteners
  • Bakery and Confectionery
  • Desserts
  • Ice-cream
  • Dairy Blends
  • Snacks
  • Nutritional Supplements
  • Others

Global Dry Whole Milk Powder, by Region

  • North America
    • US
    • Canada 
  • Latin America
    • Brazil
    • Mexico
    • Argentina 
  • Europe
    • Germany
    • UK
    • Spain
    • France
    • Italy
    • Nordic
  • Japan
  • Asia Pacific except Japan
    • China
    • India
    • Malaysia
    • Thailand
    • Singapore
    • Australia 
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Nigeria
    • Israel


 
 
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