Whole Milk Powder Market Size, Industry Overview, Analysis and Forecast to 2027

According to IMARC Group’s latest report, titled “Whole Milk Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the whole milk powder market share. 

The global whole milk powder market size reached 6.0 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 7.3 Million Tons by 2027, exhibiting a growth rate (CAGR) of 3.3% during 2022-2027. Whole milk powder is a factory-produced dairy product that is prepared by dehydrating pasteurized milk through evaporation or spray drying procedures in heated chambers until it forms into powder. This approach helps lower the moisture content from the product, resulting in reduced milk weight and extended shelf life without refrigeration. Whole milk powder exhibits similar nutritional values as fluid milk. It can also be fortified with nutrients such as vitamins and calcium to increase its nutritional value. In addition to this, it has a creamy texture and a pleasant taste and is easy to transport over long distances without deterioration in quality. As a result, whole milk powder finds application in infant formulas, confectionaries, baked desserts, and savory items.

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Global Whole Milk Powder Market Trends:

The increasing consumption of various dairy products is primarily driving the market growth. Furthermore, the rising utilization of the powder in the food and beverage (F&B) sector as a hydrating, color-emulsifying, foaming, and thickening agent is favoring the market growth. Moreover, the escalating product usage in bakery products, breakfast cereals, dairy-based desserts, chocolates, coffee whiteners, milkshakes, soups and sauces, and toffees to add texture is propelling the market growth. Additionally, significant technological advancements in whole milk manufacturing operations across food manufacturing units are impelling the market growth. Besides this, extensive celebrity endorsements, the advent of low-fat product versions by key players with effective packaging, and their availability across multiple distribution channels are supporting the market growth.

Whole Milk Powder Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the whole milk powder market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

•  Lactalis International
• Nestlé S.A.
• Fonterra Co-operative Group Limited
• Royal FrieslandCampina N.V.
• Danone S.A.

Key Market Segmentation:

The report has segmented the global whole milk powder market on the basis of end-use and region.

Breakup by End Use:

• Dairy
• Infant Formulae
• Bakery
• Confectionery
• Others

Breakup by Region:

• New Zealand
• China
• European Union
• Brazil
• Argentina
• Others

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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