The Europe Milk Powder Market would witness market growth of 4.01% CAGR during the forecast period (2019–2025).
Milk powder is high in micro and macronutrients making it a health food. Milk powder also has very significant amounts of protein and contains sufficient quantities of vitamin C, calcium, B12, and other essential nutrients, and does not require special storage containers, making it a more convenient option than regular milk. Milk powder also includes nicotinamide riboside, a micronutrient that can prevent obesity and boost muscle efficiency, enhance energy expenditure and stop the growth of diabetes. These factors drive the development of the market for milk powder.
The main factor driving sales of milk powder is the expanded shelf-life of dry milk powder that addresses perishability issues of new dairy products. Milk powder can be stored for up to one year without significant quality loss. Milk powders are particularly desirable for regions that are subject to temperature extremities and for regions that do not have credible cold chains to transport consumable dairy products.
Based on Product Type, the market is segmented into Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Buttermilk Powder, Fat Enrich Milk Powder and Others. Based on Application, the market is segmented into Nutrition Food, Infant Formula, Sweets and Savories, Bakery Products, Ice-Creams and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Danone S.A., Nestle S.A., Glanbia PLC, Arla Foods, Inc., Dairy Farmers of America, Inc., Cargill Corporation, Saputo, Inc., Dean Foods Company, The Kraft Heinz Company and Carbery Group Ltd.
Scope of the Study
By Product Type
• Whole Milk Powder
• Skimmed Milk Powder
• Dairy Whitener
• Buttermilk Powder
• Fat Enrich Milk Powder and
• Nutrition Food
• Infant Formula
• Sweets and Savories
• Bakery Products
• Rest of Europe
• Danone S.A.
• Nestle S.A.
• Glanbia PLC
• Arla Foods, Inc.
• Dairy Farmers of America, Inc.
• Cargill Corporation
• Saputo, Inc.
• Carbery Group Ltd.
• Dean Foods Company
• The Kraft Heinz Company
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189 pages •
By Global Industry Analysts
• Sep 2020
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