About Milk Powder

Milk powder, which is prepared by evaporating milk, is extensively used as a milk replacer. The primary purpose of drying milk is preservation, as the process extends the shelf life of the product. Milk powder has a low moisture content and does not need to be refrigerated. Moreover, it is non-perishable and widely used in different types of food and beverages. The production of milk powder involves the removal of water at the lowest possible cost under stringent hygiene conditions, and also ensuring that all the natural properties of milk, such as flavor and nutritional value, are retained in the milk powder.

Technavio’s analysts forecast the global milk powder market to grow at a CAGR of 8.73% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global milk powder market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Milk Powder Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Danone
• Fonterra Co-operative Group
• FrieslandCampina
• Lactalis
• Nestlé

Other prominent vendors
• ALPEN FOOD
• Amul
• Arla Foods
• China Mengniu Dairy
• Dairy Farmers of America
• Dean Foods
• Humana
• Land O'Lakes
• MORINAGA MILK INDUSTRY
• Müller UK & Ireland
• Parmalat
• Schreiber
• SODIAAL
• Synlait Milk
• Kraft Heinz
• Wimm-Bill-Dann Foods
• YILI

Market driver
• Long shelf life
• For a full, detailed list, view our report

Market challenge
• Product recalls
• For a full, detailed list, view our report

Market trend
• Demand for organic and lactose-free milk powder
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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