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 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 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.
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.
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