Adult Milk Powder Market size (most likely outcome) will be a year-over-year revenue growth rate US$ 4182 million in 2021. Over the next five years the Adult Milk Powder market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 4804 million by 2027. Adult milk powder is mainly marketed for providing nutrition, such as necessary vitamins and minerals, for the adult.
Adult milk powder, targeted at the adult, provides the nutrition supplement for the . Global leading milk powder manufacturers are actively expanding their adult milk powder business. Some leaders, like Abbott, Nestle, commonly launch specific brand for specific region.
Consumption of adult milk powder mainly concentrates in Europe. In 2017, the consumption volume of adult milk powder in the region reached 104385 MT, holding 28.53% market share globally. The second consumer is USA, with 18.42% share. Global consumption of Adult milk powder increased from 306127 MT in 2012 to 365880 MT in 2017 with the CAGR of 4.56%.
As for adult milk powder suppliers, each supplier owns their key sales regions. Abbott places USA as their first sales place, while many suppliers from Australia and New Zealand take China as their key market. Adult milk powder suppliers should play attention on the local region consumption characteristic and provides appropriate products to consumers.
Adult milk powders offer people in various life stages with different nutritional requirements. With the improvement of life quality, more and more people lay emphasis on their health and nutrition, stimulating the demand of dairy products.
Top Key players in the Adult Milk Powder Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Adult Milk Powder Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Abbott, Nestle, Anlene, Murray Goulburn, Régilait, Yili, Fasska, Yashily, Vreugdenhil Dairy, Anchor, GMP, Feihe, Tatura, Ausino Products, Wondersun, Able Food Sdn Bhd, Mengniu, Anmum Malaysia and others.
After Becoming the First to Meet New National Standards and Successfully Acquiring Ausnutria, Yili’s Leadership in Milk Powder
On March 3, Yili announced that by the cut-off date of the offer, the offeror held or controlled a total of 953,163,623 shares in Ausnutria Dairy, accounting for approximately 52.70% of the total shares already issued. The move signifies that Yili is approaching completion of buying out Ausnutria, after it first signed the deal to become Ausnutria’s largest shareholder last year, thereby cementing its leadership in China’s milk powder market.
Global Adult Milk Powder Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Adult Milk Powder Market is segmented based on the type, applications, companies and regions.
By Type, Adult Milk Powder Market has been segmented into
The end user’s industry application on Adult Milk Powder Market is,
Regional Analysis:
The Asia-Pacific milk powder market is being driven by changing lifestyles brought on by globalisation and an increase in the working population. The expansion of the affluent population, as well as increased internet and social media penetration, encourages the consumption of processed and packaged foods, paving the way for packaged goods in the region. In contrast, the milk powder market in LAMEA continues to grow rapidly as a result of changes in consumer work and lifestyles, encouraging individuals in the region to begin relying on packaged food items. Furthermore, the increased use of newborn formulae has increased demand for milk powder in the region.
The report offers in-depth assessment of the growth and other aspects of the Adult Milk Powder Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
CAGR of 3.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies
| Abbott, Nestle, Anlene, Murray Goulburn, Régilait, Yili, Fasska, Yashily, Vreugdenhil Dairy, Anchor, GMP, Feihe, Tatura, Ausino Products, Wondersun, Able Food Sdn Bhd, Mengniu, Anmum Malaysia |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2022 |
Forecast Year
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2022 to 2027 |
Customization Available
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Yes, the report can be customized as per your needs |
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of Adult Milk Powder Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The Adult Milk Powder Market is studied from 2017 - 2027.
What is the growth rate of Adult Milk Powder Market?
The Adult Milk Powder Market is growing at a CAGR of 3.5% over the next 5 years.
Who are the key players in Adult Milk Powder Market?
Abbott, Nestle, Anlene, Murray Goulburn, Régilait, Yili, Fasska, Yashily, Vreugdenhil Dairy, Anchor, GMP, Feihe, Tatura, Ausino Products, Wondersun, Able Food Sdn Bhd, Mengniu, Anmum Malaysia
What region does this Adult Milk Powder Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Adult Milk Powder Market?
Whole Milk Powder, Skim Milk Powder
What are the major end-use applications of Adult Milk Powder Market?
Age 18-35, Age 35-55, Age >55
Application_List
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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