TABLE OF CONTENTS 1 INDUSTRY OVERVIEW 1.1 Dry Whole Milk Powder Industry 1.1.1 Dry Whole Milk Powder Overview 1.1.2 Terminology Definition in the Report 1.1.2.1 Capacity 1.1.2.2 Sales Volume 1.1.2.3 Sales Revenue 1.1.2.4 Ex-factory Price & Sales Price 1.1.2.5 Cost 1.1.2.6 Gross Margin 1.2 Products & Services Overview Scope 1.3 Dry Whole Milk Powder in the Industry Chain 1.4 Industry Dynamics & Regulations 1.5 Global Market Overview 2 UPSTREAM & MANUFACTURING 2.1 Raw Materials / Components 2.2 Procurement Methods & Channels 2.3 Cost Structure & Manufacturing 2.4 Industry Capacity Overview 2.5 Production Distribution by Geography 2.5.1 Production in Major Regions / Countries 2.5.2 Trade Flow Overview 3 PRODUCT SEGMENT 3.1 Product Segmentation Market (2017 to 2021E) 3.1.1 Regular Market 3.1.2 Instant Market 3.1.3 UHT Market 3.1.4 Caramelized Market 3.1.5 Organic Market 3.2 Market Status 4 APPLICATION / END-USE SEGMENT 4.1 Application Segmentation Market (2016 to 2021E) 4.1.1 Home Reconstitutions Market 4.1.2 Dairy Whiteners Market 4.1.3 Bakery and Confectionery Market 4.1.4 Desserts Market 4.1.5 Ice-cream Market 4.1.6 Dairy Blends Market 4.1.7 Snacks Market 4.1.8 Nutritional Supplements Market 4.1.9 Others Market 4.2 Market Status 5 NORTH AMERICA 5.1 North America Market Growth 5.2 North America Market by Countries 5.3 Major Countries Market Growth 5.3.1 United States Market Size and Growth (2016-2021E) 5.3.2 Canada Market Size and Growth (2016-2021E) 5.3.3 Mexico Market Size and Growth (2016-2021E) 6 EUROPE 6.1 Europe Market Growth 6.2 Europe Market by Countries 6.3 Major Countries Market Growth 6.3.1 Germany Market Size and Growth (2016-2021E) 6.3.2 UK Market Size and Growth (2016-2021E) 6.3.3 France Market Size and Growth (2016-2021E) 6.3.4 Russia Market Size and Growth (2016-2021E) 6.3.5 Italy Market Size and Growth (2016-2021E) 6.3.6 Rest of Europe Market Size and Growth (2016-2021E) 7 ASIA-PACIFIC 7.1 ASIA-PACIFIC Market Growth 7.2 ASIA-PACIFIC Market by Countries 7.3 Major Countries Market Growth 7.3.1 China Market Size and Growth (2016-2021E) 7.3.2 India Market Size and Growth (2016-2021E) 7.3.3 Japan Market Size and Growth (2016-2021E) 7.3.4 South Korea Market Size and Growth (2016-2021E) 7.3.5 Southeast Asia Market Size and Growth (2016-2021E) 7.3.6 Australia Market Size and Growth (2016-2021E) 7.3.7 Rest of Asia Pacific Market Size and Growth (2016-2021E) 8 SOUTH AMERICA 8.1 South America Market Growth 8.2 South America Market by Countries 8.3 Major Countries Market Growth 8.3.1 Brazil Market Size and Growth (2016-2021E) 8.3.2 Argentina Market Size and Growth (2016-2021E) 8.3.3 Rest of South America Market Size and Growth (2016-2021E) 9 MIDDLE EAST & AFRICA 9.1 Middle East and Africa Market Growth 9.2 Middle East and Africa Market by Countries 9.3 Major Countries Market Growth 9.3.1 GCC Market Size and Growth (2016-2021E) 9.3.2 North Africa Market Size and Growth (2016-2021E) 9.3.3 South Africa Market Size and Growth (2016-2021E) 9.3.4 Rest of Middle East & Africa Market Size and Growth (2016-2021E) 10 MARKET FORECAST 10.1 Global Market Forecast Overview 10.2 Global Market Forecast by Type 10.3 Global Market Forecast by Application / End-Use 10.4 Global Market Forecast by Region 11 COMPETITION OF MAJOR PLAYERS 11.1 Nestle (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.1.1 Nestle Profile 11.1.2 Nestle Products & Services Overview 11.1.3 Nestle Main Business 11.1.4 Nestle Business Operation 11.2 Lactalis Group (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.2.1 Lactalis Group Profile 11.2.2 Lactalis Group Products & Services 11.2.3 Lactalis Group Main Business 11.2.4 Lactalis Group Business Operation 11.3 Fonterra (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.3.1 Fonterra Profile 11.3.2 Fonterra Products & Services 11.3.3 Fonterra Main Business 11.3.4 Fonterra Business Operation 11.4 Friesland Campina (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.4.1 Friesland Campina Profile 11.4.2 Friesland Campina Products & Services 11.4.3 Friesland Campina Main Business 11.4.4 Friesland Campina Business Operation 11.5 Danone (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.5.1 Danone Profile 11.5.2 Danone Products & Services 11.5.3 Danone Main Business 11.5.4 Danone Business Operation 11.6 Belgomilk (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.6.1 Belgomilk Profile 11.6.2 Belgomilk Products & Services 11.6.3 Belgomilk Main Business 11.6.4 Belgomilk Business Operation 11.7 Dana Dairy (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.7.1 Dana Dairy Profile 11.7.2 Dana Dairy Products & Services 11.7.3 Dana Dairy Main Business 11.7.4 Dana Dairy Business Operation 11.8 Saputo Ingredients (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.8.1 Saputo Ingredients Profile 11.8.2 Saputo Ingredients Products & Services 11.8.3 Saputo Ingredients Main Business 11.8.4 Saputo Ingredients Business Operation 11.9 Almira (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.9.1 Almira Profile 11.9.2 Almira Products & Services 11.9.3 Almira Main Business 11.9.4 Almira Business Operation 11.10 Amul (Company Profile, Products Overview, Sales Data, Latest Developments etc.) 11.10.1 Amul Profile 11.10.2 Amul Products & Services 11.10.3 Amul Main Business 11.10.4 Amul Business Operation 12 COMPANY COMPETITION 12.1 Global Sales by Company 12.1.1 Global Sales by Company 12.1.2 Global Sales Share by Company 12.2 Price & Gross Margin 12.3 Landscape of Major Companies in the Market 12.3.1 Major Companies Product Type List 12.3.1 Manufacturing Regions and Headquarters of Major Companies 12.3.1 Mergers & Acquisitions 12.4 Competitive Environment for New Entrants 12.4.1 Michael Porter's Five Forces Model 12.4.2 SWOT 13 ENVIRONMENT OVERVIEW 13.1 Impact of COVID-19 13.2 Geopolitics Overview 13.3 Economic Overview of Major Countries 14 RESEARCH CONCLUSION

LIST OF TABLE TABLE ~ Dry Whole Milk Powder Industry Dynamics & Regulations List TABLE ~ Global Dry Whole Milk Powder Sales Volume, Revenue, Price, Cost and Margin, 2016-2021E TABLE ~ Regular Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Regular Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Instant Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Instant Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ UHT Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ UHT Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Caramelized Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Caramelized Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Organic Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Organic Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Global Dry Whole Milk Powder Market Size by Type, 2016-2021E, in USD Million TABLE ~ Global Dry Whole Milk Powder Market Size by Type, 2016-2021E, in Volume TABLE ~ Home Reconstitutions Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Home Reconstitutions Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Dairy Whiteners Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Dairy Whiteners Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Bakery and Confectionery Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Bakery and Confectionery Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Desserts Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Desserts Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Ice-cream Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Ice-cream Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Dairy Blends Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Dairy Blends Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Snacks Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Snacks Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Nutritional Supplements Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Nutritional Supplements Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Others Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Others Market Size (Volume) 2016-2021E and Year-over-year (YOY) Growth (%) 2017-2021E TABLE ~ Global Dry Whole Milk Powder Market Size by Type, 2016-2021E, in USD Million TABLE ~ Global Dry Whole Milk Powder Market Size by Type, 2016-2021E, in Volume TABLE ~ North America Dry Whole Milk Powder Sales by Countries 2016-2021E, in USD Million TABLE ~ North America Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in USD Million TABLE ~ North America Dry Whole Milk Powder Sales by Countries 2016-2021E, in Volume TABLE ~ North America Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in Volume TABLE ~ United States Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Canada Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Mexico Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Europe Dry Whole Milk Powder Sales by Countries 2016-2021E, in USD Million TABLE ~ Europe Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in USD Million TABLE ~ Europe Dry Whole Milk Powder Sales by Countries 2016-2021E, in Volume TABLE ~ Europe Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in Volume TABLE ~ Germany Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ UK Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ France Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Russia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Italy Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Europe Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ ASIA-PACIFIC Dry Whole Milk Powder Sales by Countries 2016-2021E, in USD Million TABLE ~ ASIA-PACIFIC Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in USD Million TABLE ~ ASIA-PACIFIC Dry Whole Milk Powder Sales by Countries 2016-2021E, in Volume TABLE ~ ASIA-PACIFIC Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in Volume TABLE ~ China Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ India Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Japan Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South Korea Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Southeast Asia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Australia Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Asia Pacific Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South America Dry Whole Milk Powder Sales by Countries 2016-2021E, in USD Million TABLE ~ South America Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in USD Million TABLE ~ South America Dry Whole Milk Powder Sales by Countries 2016-2021E, in Volume TABLE ~ South America Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in Volume TABLE ~ Brazil Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Argentina Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of South America Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Middle East and Africa Dry Whole Milk Powder Sales by Countries 2016-2021E, in USD Million TABLE ~ Middle East and Africa Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in USD Million TABLE ~ Middle East and Africa Dry Whole Milk Powder Sales by Countries 2016-2021E, in Volume TABLE ~ Middle East and Africa Dry Whole Milk Powder Sales Share by Countries 2016-2021E, in Volume TABLE ~ GCC Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ North Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ South Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Rest of Middle East & Africa Market Size (USD Million & Volume), Pric (USD/Volume) 2016-2021E TABLE ~ Global Dry Whole Milk Powder Sales Forecast by Type 2022F-2026F, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Share Forecast by Type 2022F-2026F, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Forecast by Type 2022F-2026F, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Share Forecast by Type 2022F-2026F, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Forecast by Application / End-Use 2022F-2026F, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Share Forecast by Application / End-Use 2022F-2026F, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Forecast by Application / End-Use 2022F-2026F, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Share Forecast by Application / End-Use 2022F-2026F, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Forecast by Region 2022F-2026F, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Share Forecast by Region 2022F-2026F, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Forecast by Region 2022F-2026F, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Share Forecast by Region 2022F-2026F, in Volume TABLE ~ Nestle Overview List TABLE ~ Products & Services List of Nestle TABLE ~ Business Operation of Nestle (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Lactalis Group Overview List TABLE ~ Products & Services List of Lactalis Group TABLE ~ Business Operation of Lactalis Group (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Fonterra Overview List TABLE ~ Products & Services List of Fonterra TABLE ~ Business Operation of Fonterra (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Friesland Campina Overview List TABLE ~ Products & Services List of Friesland Campina TABLE ~ Business Operation of Friesland Campina (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Danone Overview List TABLE ~ Products & Services List of Danone TABLE ~ Business Operation of Danone (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Belgomilk Overview List TABLE ~ Products & Services List of Belgomilk TABLE ~ Business Operation of Belgomilk (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Dana Dairy Overview List TABLE ~ Products & Services List of Dana Dairy TABLE ~ Business Operation of Dana Dairy (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Saputo Ingredients Overview List TABLE ~ Products & Services List of Saputo Ingredients TABLE ~ Business Operation of Saputo Ingredients (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Almira Overview List TABLE ~ Products & Services List of Almira TABLE ~ Business Operation of Almira (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Amul Overview List TABLE ~ Products & Services List of Amul TABLE ~ Business Operation of Amul (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) TABLE ~ Global Dry Whole Milk Powder Sales by Company 2016-2021E, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales by Company 2016-2021E, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Share by Company 2016-2021E, in USD Million TABLE ~ Global Dry Whole Milk Powder Sales Share by Company 2016-2021E, in Volume TABLE ~ Global Dry Whole Milk Powder Sales Price by Company 2016-2021E, in USD/Volume TABLE ~ Global Dry Whole Milk Powder Gross Margin by Company 2016-2021E TABLE ~ Major Companies Product Type List TABLE ~ Major Companies Product Type List TABLE ~ Mergers & Acquisitions in the Market