LONDON--(BUSINESS WIRE)--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.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Milk Powder Market Download free sample report
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. 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.
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Long shelf life has been instrumental in driving the growth of the market. However, product recalls, fluctuation in milk prices, and lactose intolerance might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/milk-powder-market-industry-analysis
Milk Powder Market 2020-2024: Segmentation
Milk Powder Market is segmented as below:
- Whole Milk Powder
- Dairy Whitener
- Skim Milk Powder
- North America
- South America
- Hypermarket And Supermarket
- Convenience Store
- Food And Drink Specialists
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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. The milk powder market report covers the following areas:
- Milk Powder Market Size
- Milk Powder Market Trends
- Milk Powder Market Industry Analysis
This study identifies the increasing consumption of coffee and tea as one of the prime reasons driving the milk powder market growth during the next few years.
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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:
- Market Overview
- Market ecosystem
- Value chain analysis
- 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
- 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
- Landscape disruption
- 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
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.