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COVID-19 Impact and Recovery Analysis | Milk Powder Market 2020-2024 | Long Shelf Life to Boost Growth | Technavio

Technavio has been monitoring the milk powder market and it is poised to grow by USD 25.38 billion during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Milk Powder Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alpen Food Group BV, Arla Foods amba, China Mengniu Dairy Co. Ltd., Danone SA, Dean Foods Co., Fonterra Co-operative Group Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Nestle SA, Royal FrieslandCampina NV, and The Kraft Heinz Co. are some of the major market participants. The long shelf life will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Long shelf life has been instrumental in driving the growth of the market.

Milk Powder Market 2020-2024: Segmentation

Milk Powder Market is segmented as below:

  • Product
    • Whole Milk Powder
    • Dairy Whitener
    • Skim Milk Powder
  • Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America
  • Distribution channel
    • Hypermarket and Supermarket
    • Convenience Store
    • Food and Drink Specialists
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43334

Milk Powder Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our milk powder market report covers the following areas:

  • Milk Powder Market Size
  • Milk Powder Market Trends
  • Milk Powder Market Industry Analysis

This study identifies increasing consumption of coffee and tea as one of the prime reasons driving the milk powder market growth during the next few years.

Milk Powder Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the milk powder market, including some of the vendors such as Alpen Food Group BV, Arla Foods amba, China Mengniu Dairy Co. Ltd., Danone SA, Dean Foods Co., Fonterra Co-operative Group Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Nestle SA, Royal FrieslandCampina NV, and The Kraft Heinz Co. Backed with competitive intelligence and benchmarking, our research reports on the milk powder market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Milk Powder Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist milk powder market growth during the next five years
  • Estimation of the milk powder market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the milk powder market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of milk powder market vendors

Table Of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Skim milk powder - Market size and forecast 2019-2024
  • Dairy whitener - Market size and forecast 2019-2024
  • Whole milk powder - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Hypermarkets and supermarkets
  • Convenience stores
  • Food and drink specialists
  • Others

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alpen Food Group BV
  • Arla Foods amba
  • China Mengniu Dairy Co. Ltd.
  • Danone SA
  • Dean Foods Co.
  • Fonterra Co-operative Group Ltd.
  • Gujarat Cooperative Milk Marketing Federation Ltd.
  • Nestle SA
  • Royal FrieslandCampina NV
  • The Kraft Heinz Co.


  • Scope of the report
  • 2.2 Preface
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200506005925/en/


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