Organic Milk Powder Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Organic Milk Powder Market grew at a CAGR of 4.6% between 2017-2021 and is estimated to be US$ 1893.6 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.9% and is expected to reach a valuation of US$ 3,055.2 Mn by 2032 end.
Consumers are gradually embracing new eating trends that are sustainable and nutritious. Growing consumer knowledge of the value of healthy lifestyles has encouraged people to choose more nutrient-dense food items.
In addition, customers are choosing sustainable diets due to the public’s deteriorating perception of food products derived from animals. High health benefits of organic milk powder include increasing digestion and joint health, among other things. Utilizing organic milk powder in functional foods and drinks also improves nutritional composition.
ChemView Consulting has analyzed that the demand for food and drink items made from organic sources is expanding rapidly worldwide. This is because most milk producers and consumers are learning about the negative environmental effects of traditional dairy and milk production. Countries all over the world are promoting organic farming methods as a result, which includes dairy products. As a result, the market for organic milk products and organic milk powder is rising.
Whole milk is less popular among people who are worried about their weight or following a special diet, although many customers regard it as the most natural. Whole milk powder is preferable for people who need a lot of calories because it contains more. It is also a thickening agent in foods requiring a thicker consistency.
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Segments Covered in Report
By Type:
- Skimmed Milk
- Whole Milk
- Buttermilk & Whey
By Sales:
- Direct Sales
- Indirect Sales
- Modern Trade
- Convenience Stores
- Online Retailers
- Others
By End-Use:
- Food
- Dairy
- Bakery
- Confectionery
- Beverages
- Dietary Supplements
- Cosmetics & Personal Cares
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Organic Milk Powder Market
- Based on the type, whole milk is less popular among people who are worried about their weight or following a special diet, although many customers regard it as the most natural. Whole milk powder is preferable for people who need a lot of calories because it contains more. It is also a thickening agent in foods requiring a thicker consistency.
- Based on the end-use, Dietary Supplements are expected to expand the fastest during the forecast period.
- Based on the region, North America is the global leader, with a market share of 31.7% for organic milk powder. The main contributing factor in these areas is the high consumption of organic food.
Competition Summary
Key companies covered in the market study are Nestlé SA, Fonterra Co-operative Group, Organic Valley, SunOpta, Inc., OMSCo, Arla Foods amba, HiPP GmbH & Co. Vertrieb KG, Aurora Foods Dairy Corp., Ingredia SA, Sodiaal Union SCA, NuManna, NOW Foods, Bayerische Milchindustrie eG, Organic West Milk, Inc.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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