Milk powder refers to a dairy product which is made through evaporation of milk. They have completely natural taste without sweetness. It has a longer shelf life because of the presence of low moisture. During 2014-2018, the global milk powder market grew at a CAGR of around 4% . The market is currently being driven by convenience in storage and transportation of milk powder and its longer shelf life. Better economic conditions in emerging countries are further creating a huge demand for dried milk products. This report by Expert Market Research entitled “Milk Powder Market Report and Forecast 2019–2024” provides a comprehensive analysis for anyone who plans to foray into the milk powder market.
Historical market trends for the global milk powder industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global powder market into the following major regions – Asia-Pacific, North America and Europe. On the basis of the product type, the global market for milk powder has been segmented as skimmed milk powder and whole milk powder. For each of the milk powder types, the report has provided both historical and future market trends. Additionally, the report has also analysed the market on the basis of end-uses of milk powder which include infant food, confectionery, sports and nutrition foods, bakery products, dry mixes, fermented milk products and meat products.
The value chain analysis of the milk powder industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the milk powder industry has also been provided. Some of the key players in this market include Nestle, Danone, Lactalis, Fonterra, FrieslandCampina and Dairy Farmers of America.
This report provides an exhaustive insight for setting-up and running a milk powder manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global milk powder market?
- Which are the biggest markets (regions) for milk powder?
- What are the major types of milk powder? Which are the most popular?
- Who are the key players in the milk powder market?
- What are the land and construction requirements to start milk powder manufacturing plant?
- What are the machinery requirements to start milk powder manufacturing plant?
- How is milk powder priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start milk powder manufacturing plant?
- What are the running costs of milk powder manufacturing plant?
- How much revenue can milk powder manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the milk powder industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.