Milk Powder Industry Status and Prospects Professional Market Research Report Publishing Date: 15 June2022 Download Sample Report Download Sample Report (+91)-916-916-4321(Asia) | (+1)-646-781-7170 (Int'l) | help@statsmarketresearch.com
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Report Studies The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). Milk powder is a manufactured dairy product made, which is nutritious and healthy food used as a replacement of fresh milk.The production of milk powder increased from 6507 K MT in 2011 to 7567 K MT in 2015, with a CARG of 3.84 %.The manufacturers and consumers are concentrated in Europe, North America, Oceania and China. Fonterra is the largest manufacturer in the global market, which production reached 1332 K MT in 2015.Oceania is the largest production region in the world, which occupied 28.70 % share in 2015. The manufacture shares of Europe, North America and China were 26.24%, 16.06%, 28.70% and 10.03%.The consumption shares of Europe, North America, Oceania and China were 18.03%, 12.76%, and 10.20%. Oceania is the main export region and the export volume reached 1417 KMT in 2015.
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Market Value The global Milk Powder market was valued at 1612.02 Million USD in 2021 and will grow with a CAGR of 1.93% from 2021 to 2027. Expected to reach $xx million USD by the end of
2021
Forecast year
Base year
CAGR 1.93%(2021 - 2027)
2027
KEY STAKEHOLDERS 1
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Market Players & Competitor Analysis Global and Regional Market Analysis
Market Trends
Opportunities and Drivers
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By Type: • Skim Milk Powder • Whole Milk Powder
By Applications: • Infant Formula Milk Powder • Adult Formula Milk Powder • Confectionery
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