Milk Powders Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices

The global Milk Powders market reached a volume of about 667 million tonnes in 2021. The industry is projected to grow at a CAGR of around 1.5% in the forecast period of 2022-2027 to reach a volume of about 730 million tonnes by 2027.

The global Milk Powders industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The industry is driven by the demand for food products with high nutritional content. In the industry report, the key demand indicator is the highest category spender by region—Asia.

Milk Powders: Industry Definition and Segmentation

Powdered milk or milk powder is milk that has had its water content evaporated, resulting in dry material. The process is done to preserve milk; milk powder has a much longer shelf life than liquid milk and, due to its low moisture content, does not need to be refrigerated. One more objective is to decrease its majority to develop transportation competence. Dry whole milk, dry buttermilk, dry whey products, dry dairy blends, and non-fat (skimmed) dry milk are examples of powdered milk and dairy products. The Milk Powders industry report comprises segments by type (Skim Milk Powder, Whole Milk Powder) and region (North America, Europe, Asia Pacific, the Middle East, Africa, and South America).

The Asian Region is Driving the Growth of the Industry

Asia holds the largest share in the market due to changes in lifestyles, fueled by globalisation and growth in the working population in the region. The expansion of the affluent people and increased internet and social media penetration encourage the consumption of processed and packaged foods, paving the way for packaged goods in the region, thus resulting in increased demand.

The market is being driven by the high nutritional content present in the product. Milk powder contains many nutrients such as vitamin B12, thiamin, and high protein levels, which is propelling the global milk powder market. There is an increased focus on the high nutrients products due to the rising health consciousness among consumers. In addition, the product has low-calorie content, which is gaining traction—this aid in the loss or maintenance of weight and the promotion of a healthy heart. As a result, the demand for the commodity is rapidly increasing. Furthermore, milk powder has a longer shelf life than ordinary milk, resulting in greater order for milk powder over regular milk.

Best Procurement Practices

The global Milk Powders industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Milk Powders regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

Drying non-fat skimmed milk, whole milk, buttermilk, or whey produces powdered milk. Pasteurised milk is concentrated to roughly 50% milk solids in an evaporator. The concentrated milk is then poured into a heated chamber, where the water evaporates nearly instantaneously, leaving tiny, powdered milk solid particles. Alternatively, drum drying can be used to dry the milk. The dried milk solids are scraped off after a thin coating of milk is placed on the surface of a heated drum. Compared to drum drying, another method is freeze-drying, which protects many nutrients in milk.

Properties of the Product, Further Driving the Milk Powders Market

Due to the low moisture content, powdered milk has a longer shelf life than liquid milk. As a result, it may be stored at room temperature, delivered to remote regions without adequate cold chain infrastructure, and utilised when milk output is low. Milk powder has a wide range of applications in the food and beverage business and is included in a wide range of products, including soups, sauces, and baked goods, among others, thus resulting in high demand.

However, the strict regulations over preservatives are likely to hamper the industry's expansion.

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Industry Players Mentioned in the Milk Powders Industry Report

• Fonterra Co-operative Group Limited
• Arla Foods amba
• Saputo Inc.
• Nestlé S.A.
• Danone S.A.

Market Landscape

With many local and multinational firms fighting for market share, the global milk powder market is somewhat fragmented. There are various minor and major manufacturers on the market, all competing on price and quality. As a primary marketing tactic, companies are focused on new product introductions with natural or organic claims.

Key Initiatives by Companies

• Z Natural Foods will introduce powdered dry whole milk in the United States in 2020, as the demand for whole milk powder and other long-life dairy products continues to surge due to the coronavirus outbreak. The protein content is substantial, and it may be stored for up to 18 months. It also includes 23 percent protein and 28 percent milkfat, amino acids, vitamins A and D, vital fatty acids, and minerals including calcium, potassium, magnesium, and iron when combined with water.
• With a new introduction for the entire family in 2019, Nestlé China broadened the target population for its A2 milk powder products. ShuChun is the latest product's name, released under the Nestlé YiYun whole-family nutrition milk powder brand.