Registering a CAGR of 5.5% over the forecast period, the Instant Full Cream Milk Powder market is anticipated to reach the market value of US$ 3078.6 million by 2027 from US$ 2534.7 million in 2021.
Instant Full Cream Milk Powder is consumed globally, owing to the presence of several nutrients, such as, vitamin B12, thiamin, and high amounts of protein which is driving the global Instant Full Cream Milk Powder market. Moreover, the shelf life of Instant Full Cream Milk Powder is higher than that regular milk, which further leads to the increased demand for Instant Full Cream Milk Powder over regular milk. This is attributed to the changing lifestyles and increase in the penetration of the internet and social media which is driving the consumption of processed and packaged food. This, in turn, is driving the Instant Full Cream Milk Powder market.
The full cream milk powder industry shows healthy growth in the recent few years, it is estimated that global full cream milk powder industry will continue to keep the trend with an estimated value of 2740.89 million USD in 2022. Besides, the price fluctuations have close relationship with raw materials. Full cream milk powder producers should keep keen on the raw materials market.
The global Instant Full Cream Milk Powder includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include NZMP, Dairygold, Alpen Food, Vreugdenhil, Belgomilk, Oz Farm, Hoogwegt International, Kaskat Dairy, Miraka, Open Country Dairy, Holland Dairy Foods, Synlait, Vitusa, Promac Enterprises, Dale Farm, United Dairy, Ace International and others.
Industry News and Updates
27 October 2021: Dairygold launches milk powders in Chinese markets--
The new range of milk powders will launch in China with plans to target other markets in South East Asia. Dairygold has announced the launch of the Aerabo range of premium milk powders for the Asian market.
20-Nov-2019: Nestlé China’s expands demographic reach after previous launches for mother-and-baby--
Nestlé China has expanded the target audience for its A2 milk powder products with a new launch catered for the entire family. Launched under the firm’s whole-family nutrition milk powder brand Nestlé YiYun, the new product is named as ShuChun.
Instant Full Cream Milk Powder Market is segmented based on the type, applications, companies and regions.
By Type, Instant Full Cream Milk Powder Market has been segmented into
By Application, Instant Full Cream Milk Powder Market has been segmented into
Milkbased Beverage accounts for the largest market share, which was about 58.95% in 2019.
The report offers in-depth assessment of the growth and other aspects of the Instant Full Cream 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.
Developing countries, such as India and China and even the African countries rely on Europe for milk powder imports. The share of China in EU exports has slightly diminished, with the US, Hong Kong, and Saudi Arabia following in the ranking in milk powder exports. There is a huge potential for the growth of the milk powder market in developing countries, such as Asia-Pacific as various emerging economies such as China, India, and Japan are majorly importing milk powders to meet their growing dairy needs. However, in South America, the Middle East, and Africa regions, the market is highly dominated by Danone.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.5% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | NZMP, Dairygold, Alpen Food, Vreugdenhil, Belgomilk, Oz Farm, Hoogwegt International, Kaskat Dairy, Miraka, Open Country Dairy, Holland Dairy Foods, Synlait, Vitusa, Promac Enterprises, Dale Farm, United Dairy, Ace International |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 124 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the growth rate of Instant Full Cream Milk Powder Market?
The Instant Full Cream Milk Powder Market is growing at a CAGR of 5.5% over the next 5 years.
Who are the key players in Instant Full Cream Milk Powder Market?
NZMP, Dairygold, Alpen Food, Vreugdenhil, Belgomilk, Oz Farm, Hoogwegt International, Kaskat Dairy, Miraka, Open Country Dairy, Holland Dairy Foods, Synlait, Vitusa, Promac Enterprises, Dale Farm, United Dairy, Ace International
What are the significant types of Instant Full Cream Milk Powder Market?
26% Type, 28% Type, Dairy Milk Powder, Non-Dairy Milk Powder, Other
What are the major end-use applications of Instant Full Cream Milk Powder Market?
Milk Based Beverages, Bakery & Confectionery, Other
On the basis of application, Which segment is likely to hold the major share in the Instant Full Cream Milk Powder Market?
Milk Based Beverages segment to hold the largest share in Instant Full Cream Milk Powder market
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.
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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