Global Skim Organic Milk Powder Market is valued approximately USD 28.3 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.35% over the forecast period 2019-2026. Skimmed milk powder is the resultant of removing water and milk fat from pasteurized milk. Skimmed milk is also known as nonfat dry milk and it is source of high nutritional value like high animal protein, carbohydrate content. Skimmed milk powder helps in muscle growth, keeping blood pressure in check, improved nerve system and systematic immune system. Skimmed milk is also demanded by the women for feeding their infants who are intolerant to breast feeding and women who faces time crunch due to their busy work life. The demand for skimmed milk powder is driven by the increase in the demand of bakery products and confectionery foods. The demand is also driven by the awareness about the benefits of skimmed milk among the people who are conscious about their increased weight as it contains less fat. The market is expected to grow in near future due to change in consumer food patterns and flavored milk powder manufactured by companies in order to attract more customers. However, addition of preservatives adulteration and strict regulations imposed by the government on infant food will hinder the demand of skimmed milk powder in near future.
The regional analysis of global Skim Organic Milk Powder market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of Skim Organic Milk Powders among its end-users in the region. Europe contributes a satisfactory growth in the global Skim Organic Milk Powder market during the forecast period due to increase in the consumption of infant formulas. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to change in lifestyle and increase in working population.
Major market player included in this report are:
Dairy America, Inc.
Nova Dairy Products
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Skim Organic Milk Powder Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers