Milk Powder Market to reach a market size of $37.4 billion by 2025
According to a new report Global Milk Powder Market, published by KBV Research, The Global Milk Powder Market size is expected to reach $37.4 billion by 2025, rising at a market growth of 4.15% CAGR during the forecast period.
The Whole Milk Powder market dominated the Global Milk Powder Market by Product Type in 2018, growing at a CAGR of 3.9 % during the forecast period. The Skimmed Milk Powder market is expected to witness a CAGR of 4.5% during (2019-2025).
The Bakery Products market dominated the Global Milk Powder Market by Application in 2018, growing at a CAGR of 3.6 % during the forecast period. The Nutrition Food market is expected to witness a CAGR of 4.8% during (2019-2025).
The Asia Pacific market dominated the Global Milk Powder Market by Region in 2018, growing at a CAGR of 4.3 % during the forecast period. The LAMEA market is expected to witness a CAGR of 4.7% during (2019-2025). Additionally, The North America market is expected to witness a CAGR of 3.9% during (2019-2025).
Full Report: https://www.kbvresearch.com/milk-powder-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
Global Milk Powder Market Segmentation
By Product Type
Whole Milk Powder
Skimmed Milk Powder
Dairy Whitener
Buttermilk Powder
Fat Enrich Milk Powder
Others
By Application
Nutrition Food
Infant Formula
Sweets and Savories
Bakery Products
Ice-Creams
Others
By Geography
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Australia
Rest of Asia Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
Companies Profiled
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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