The global Milk Powder market was valued at 1612.02 Million USD in 2021 and will grow with a CAGR of 1.93% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Milk powder is a manufactured dairy product made, which is nutritious and healthy food used as a replacement of fresh milk.The production of milk powder increased from 6507 K MT in 2011 to 7567 K MT in 2015, with a CARG of 3.84 %.The manufacturers and consumers are concentrated in Europe, North America, Oceania and China. Fonterra is the largest manufacturer in the global market, which production reached 1332 K MT in 2015.Oceania is the largest production region in the world, which occupied 28.70 % share in 2015. The manufacture shares of Europe, North America and China were 26.24%, 16.06%, 28.70% and 10.03%.The consumption shares of Europe, North America, Oceania and China were 18.03%, 12.76%, and 10.20%. Oceania is the main export region and the export volume reached 1417 KMT in 2015.

By Market Verdors:

Danone

Nestle

FrieslandCampina

Arla

Vreugdenhil Dairy

Alpen Dairies

California Dairies

DFA

Lactalis

Land O`Lakes

Fonterra

Westland

Tatura

Burra Foods

MG

Ausino

Yili

Mengniu

Feihe

Wondersun

By Types:

Skim Milk Powder

Whole Milk Powder

By Applications:

Infant Formula Milk Powder

Adult Formula Milk Powder

Confectionery

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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