The Latin America, Middle East and Africa Milk Powder Market would witness market growth of 4.73% CAGR during the forecast period (2019–2025).
The introduction or development of fresh products such as flavored milk powder or lactose-free milk powder is anticipated to increase the growth of the milk powder market in the coming years. Milk powder is high in micro and macronutrients making it a health food. Milk powder also has very significant amounts of protein and contains sufficient quantities of vitamin C, calcium, B12, and other essential nutrients, and does not require special storage containers, making it a more convenient option than regular milk. Milk powder also includes nicotinamide riboside, a micronutrient that can prevent obesity and boost muscle efficiency, enhance energy expenditure and stop the growth of diabetes. These factors drive the development of the market for milk powder.
Based on Product Type, the market is segmented into Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Buttermilk Powder, Fat Enrich Milk Powder and Others. Based on Application, the market is segmented into Nutrition Food, Infant Formula, Sweets and Savories, Bakery Products, Ice-Creams and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Danone S.A., Nestle S.A., Glanbia PLC, Arla Foods, Inc., Dairy Farmers of America, Inc., Cargill Corporation, Saputo, Inc., Dean Foods Company, The Kraft Heinz Company and Carbery Group Ltd.
Scope of the Study
Market Segmentation:
By Product Type
- Whole Milk Powder
- Skimmed Milk Powder
- Dairy Whitener
- Buttermilk Powder
- Fat Enrich Milk Powder and
- Others
By Application
- Nutrition Food
- Infant Formula
- Sweets and Savories
- Bakery Products
- Ice-Creams
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Danone S.A.
- Nestle S.A.
- Glanbia PLC
- Arla Foods, Inc.
- Dairy Farmers of America, Inc.
- Cargill Corporation
- Saputo, Inc.
- Carbery Group Ltd.
- Dean Foods Company
- The Kraft Heinz Company
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