Nonfat Dry Milk Market - By Product Type (High-Heat, Low-Heat, and Medium-Heat), By Application (Bakery & Confectionary, Nutritional Supplements, and Dairy Blends), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020

The global Nonfat Dry Milk market is predicted to accrue revenue worth 10 (USD Billion) by 2026. The report offers assessment and analysis of the Nonfat Dry Milk market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Introduction

Nonfat dry milk is manufactured through evaporating liquid milk after removing the fats. In fact, nonfat dry milk as well as powdered milk form are similar products and the terminology is many times swapped. There are myriad benefits provided by nonfat dry milk that is projected to contribute remarkably towards the overall market expansion. In addition to this, nonfat dry milk has elongated shelf life in comparison to liquid milk. Additionally, the product imparts thickness to the food item to which it is mixed with. Apparently, nonfat dry milk finds wide applications in cake preparation, making of soups, producing of meats, pudding preparation, and other food items.

Market Growth Dynamics

Nonfat dry milk is the best source of functional dairy products and can be substituted for whey proteins. This, in turn, will boost the growth of nonfat dry milk market over the ensuing years. In addition to this, surge in the shelf life of nonfat dry milk as compared to liquid milk will embellish the business trends. Apart from this, changing consumer inclination towards consuming soy milk powder and coconut powder is anticipated to create new growth avenues for nonfat dry milk industry over the coming decade.

Furthermore, launching of new milk flavors such as banana flavor, pineapple flavor, orange flavor, and mango flavor of nonfat dry milk products will amplify the scope of the market over the forecast timeframe. Effective handling, easy transportation of the product, user convenience, proficient storage of the product, and use of the product in preparing various food items will spur the market expansion in the years to come.

Asia Pacific Market To Attain Dominant Position Over Period From 2020 To 2026

The growth of the market over the forecast timeline is owing to massive health awareness about the powdered milk in the region along with its large-scale production on the countries like India, Japan, and China. Additionally, large-scale utilization of the nonfat dry milk in preparing of bakery as well as confectionery items and huge demand for the product for sweet preparation or preparing of dairy items during festivals will proliferate the market progress within the next couple of years.

Key players profiled in our study include Arla Foods, The St. Albans Cooperative Creamery, Inc., Bob’s Red Mill natural foods, Amul, HOCHDORF Holding Ltd., Nestle S.A., American Dairy Products Institute, NOW Foods, All American Foods, Inc., and DairyAmerica, Inc.

The global nonfat dry milk market is segmented as follows:

By product type:

High-heat
Low-heat
Medium-heat

By application:

Nutritional supplements
Bakery & confectionary
Dairy blends

By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
  - 1.3.1. Market Research Process
  - 1.3.2. Market Research Methodology
Chapter 2. Executive Summary
- 2.1. Nonfat Dry Milk Market, 2016–2026(USD Billion)
- 2.2. Nonfat Dry Milk Market: Snapshot
Chapter 3. Global Nonfat Dry Milk Market– Industry Analysis
- 3.1. Nonfat Dry Milk Market: Market Dynamics
- 3.2. Market Drivers
  - 3.2.1. Nonfat dry milk is the best source of functional dairy products and can be substituted for whey proteins. This, in turn, will boost the growth of nonfat dry milk market over the ensuing years.
  - 3.2.2. Nonfat dry milk finds wide applications in cake preparation, making of soups, producing of meats, pudding preparation, and other food items, thereby driving the market trends.
- 3.3. Market Attractiveness Analysis
  - 3.3.1. Market attractiveness analysis By Application
  - 3.3.2. Market attractiveness analysis By Product Type
Chapter 4. Global Nonfat Dry Milk Market– Competitive Landscape
- 4.1. Company market share analysis
  - 4.1.1. Global Nonfat Dry Milk Market: company market share, 2019
- 4.2. Strategic development
  - 4.2.1. Acquisitions & mergers
  - 4.2.2. New Application launches
  - 4.2.3. Agreements, partnerships, collaborations, and joint ventures
  - 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
Chapter 5. Global Nonfat Dry Milk Market–Application Analysis
- 5.1. Global Nonfat Dry Milk Market overview: By Application
  - 5.1.1. Global Nonfat Dry Milk Market share, By Application ,2019 and 2026
- 5.2. Bakery & Confectionary
  - 5.2.1. Global Nonfat Dry Milk Market by Bakery & Confectionary, 2016–2026(USD Billion)
- 5.3. Nutritional Supplements
  - 5.3.1. Global Nonfat Dry Milk Market by Nutritional Supplements, 2016–2026(USD Billion)
- 5.4. Dairy Blends
  - 5.4.1. Global Nonfat Dry Milk Market by Dairy Blends, 2016–2026(USD Billion)
Chapter 6. Global Nonfat Dry Milk Market– Product Type Analysis
- 6.1. Global Nonfat Dry Milk Market overview: By Product Type
  - 6.1.1. Global Nonfat Dry Milk Market share, By Product Type ,2019 and 2026
- 6.2. High-Heat
  - 6.2.1. Global Nonfat Dry Milk Market by High-Heat, 2016–2026(USD Billion)
- 6.3. Low-Heat
  - 6.3.1. Global Nonfat Dry Milk Market by Low-Heat, 2016–2026(USD Billion)
- 6.4. Medium-Heat
  - 6.4.1. Global Nonfat Dry Milk Market by Medium-Heat, 2016–2026(USD Billion)
Chapter 7. Company Profiles
- 7.1. Bob’s Red Mill natural foods
  - 7.1.1. Overview
  - 7.1.2. Financials
  - 7.1.3. Product Portfolio
  - 7.1.4. Business Strategy
  - 7.1.5. Recent Developments
- 7.2. HOCHDORF Hulding Ltd.
  - 7.2.1. Overview
  - 7.2.2. Financials
  - 7.2.3. Product Portfolio
  - 7.2.4. Business Strategy
  - 7.2.5. Recent Developments
- 7.3. Nestle S.A.
  - 7.3.1. Overview
  - 7.3.2. Financials
  - 7.3.3. Product Portfolio
  - 7.3.4. Business Strategy
  - 7.3.5. Recent Developments
- 7.4. NOW Foods
  - 7.4.1. Overview
  - 7.4.2. Financials
  - 7.4.3. Product Portfolio
  - 7.4.4. Business Strategy
  - 7.4.5. Recent Developments
- 7.5. The St. Albans Cooperative Creamery, Inc.
  - 7.5.1. Overview
  - 7.5.2. Financials
  - 7.5.3. Product Portfolio
  - 7.5.4. Business Strategy
  - 7.5.5. Recent Development
- 7.6. All American Foods, Inc.
  - 7.6.1. Overview
  - 7.6.2. Financials
  - 7.6.3. Product Portfolio
  - 7.6.4. Business Strategy
  - 7.6.5. Recent Development
- 7.7. American Dairy Products Institute
  - 7.7.1. Overview
  - 7.7.2. Financials
  - 7.7.3. Product Portfolio
  - 7.7.4. Business Strategy
  - 7.7.5. Recent Development
- 7.8. Arla Foods
  - 7.8.1. Overview
  - 7.8.2. Financials
  - 7.8.3. Product Portfolio
  - 7.8.4. Business Strategy
  - 7.8.5. Recent Development
- 7.9. Amul
  - 7.9.1. Overview
  - 7.9.2. Financials
  - 7.9.3. Product Portfolio
  - 7.9.4. Business Strategy
  - 7.9.5. Recent Development
- 7.10. DairyAmerica, Inc.
  - 7.10.1. Overview
  - 7.10.2. Financials
  - 7.10.3. Product Portfolio
  - 7.10.4. Business Strategy
  - 7.10.5. Recent Development