The increasing food industry, particularly bakery and confectionery foods, is driving the skimmed milk powder market. Skimmed milk powder is used in baking recipes to increase the tenderness of foods like doughnuts, cakes, and bread. Skimmed milk powder adds stiffness to baking and confectionery products, making them more tender.
Another factor driving the skimmed milk powder market is the rising demand for baby formula. Mothers rely on skimmed milk powder for their babies who are intolerant to breastfeeding because of its nutritional content, which includes vitamins and minerals essential for an infant's growth.
Working women who are unable to feed their newborns due to their hectic work schedules are in high demand for skimmed milk powder. Feeding skimmed milk powder to babies helps to limit illness transmission from the mother's body, lowering the risk of the baby being ill. Due to its wide application in the food sector and as a solution to the problem of an increasing number of working women feeding their kids, the demand for skimmed milk powder is expected to rise among global consumers.
However, there are few impediments to the market's expansion in the skimmed milk powder market. Lack of anti-bodies, which are generally required for the development of an infant's immunity system, can be a serious hindrance to the global skimmed milk powder market. Skimmed milk powder is manufactured artificially, making it difficult for a newborn to digest. Indigestion or delayed digestion might be harmful to babies, limiting the expansion of the skimmed milk powder market once again.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Types, Food Application, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Nestle, Dairy America, Alpen Dairies, Unilever, Nova Dairy products, Amul and others. |
Covid-19 Impact on Skimmed Milk Powder Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused to shut down of many small to medium food processing companies around the world.
Skimmed Milk Powder Market Segment Overview
According to Food Application, Confectionery is an important segment in the global market. Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates. Moreover, Bakery is another main segment in the market. A bakery is a firm that bakes flour-based foods such as bread, cookies, cakes, pastries, and pies and sells them.
Skimmed Milk Powder Market, By Types
· Flavored Non Fat Powder
· Whole Milk Powder
· Butter Milk Powder
· Others
Skimmed Milk Powder Market, By Food Application
· Confectionery
· Bakery
· Nutritional Food
· Dry Mixes
· Frozen Desserts
· Meat products
· Others
Skimmed Milk Powder Market Regional Overview
North America, Latin America, Europe, Asia-Pacific, as well as the Middle East and Africa, are covered by the global skimmed milk powder market. Because of changing consumer lifestyles and the rising food sector, North America and Europe are the leading markets for global skimmed milk powder. Furthermore, because of its shifting consumer dietary patterns, Asia-Pacific presents potential growth possibilities for the skimmed milk powder market.
Skimmed Milk Powder Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Skimmed Milk Powder Market, Key Players
· Nestle
· Dairy America
· Alpen Dairies
· Unilever
· Nova Dairy products
· Amul
· Others
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Skimmed Milk Powder market?
Q2. What are the restraining factors for the global Skimmed Milk Powder market?
Q3. Which segment is projected to hold the largest share in the global Skimmed Milk Powder market?
Q4. Which region holds the largest share in the global Skimmed Milk Powder market?
Q5. Which are the prominent players in the global Skimmed Milk Powder market?
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Skimmed Milk Powder Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Types
- 5.2.1. Flavored Non Fat Powder
- 5.2.2. Whole Milk Powder
- 5.2.3. Butter Milk Powder
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By Food Application
- 5.3.1. Confectionery
- 5.3.2. Bakery
- 5.3.3. Nutritional Food
- 5.3.4. Dry Mixes
- 5.3.5. Frozen Desserts
- 5.3.6. Meat products
- 5.3.7. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Skimmed Milk Powder Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Types
- 6.2.1. Flavored Non Fat Powder
- 6.2.2. Whole Milk Powder
- 6.2.3. Butter Milk Powder
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By Food Application
- 6.3.1. Confectionery
- 6.3.2. Bakery
- 6.3.3. Nutritional Food
- 6.3.4. Dry Mixes
- 6.3.5. Frozen Desserts
- 6.3.6. Meat products
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Skimmed Milk Powder Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Types
- 7.2.1. Flavored Non Fat Powder
- 7.2.2. Whole Milk Powder
- 7.2.3. Butter Milk Powder
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By Food Application
- 7.3.1. Confectionery
- 7.3.2. Bakery
- 7.3.3. Nutritional Food
- 7.3.4. Dry Mixes
- 7.3.5. Frozen Desserts
- 7.3.6. Meat products
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Skimmed Milk Powder Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Types
- 8.2.1. Flavored Non Fat Powder
- 8.2.2. Whole Milk Powder
- 8.2.3. Butter Milk Powder
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By Food Application
- 8.3.1. Confectionery
- 8.3.2. Bakery
- 8.3.3. Nutritional Food
- 8.3.4. Dry Mixes
- 8.3.5. Frozen Desserts
- 8.3.6. Meat products
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Skimmed Milk Powder Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Types
- 9.2.1. Flavored Non Fat Powder
- 9.2.2. Whole Milk Powder
- 9.2.3. Butter Milk Powder
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By Food Application
- 9.3.1. Confectionery
- 9.3.2. Bakery
- 9.3.3. Nutritional Food
- 9.3.4. Dry Mixes
- 9.3.5. Frozen Desserts
- 9.3.6. Meat products
- 9.3.7. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Nestle
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Dairy America
- 10.6. Alpen Dairies
- 10.7. Unilever
- 10.8. Nova Dairy products
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
