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Milk Powder Market to reach a market size of $37.4 billion by 2025

Press release   •   Sep 18, 2019 15:22 IST

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

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.