Milk powder is a dried dairy product, prepared by evaporating milk to eliminate the majority of the moisture content and then spraying the remaining liquid through a nozzle to generate a vapor that dries and forms minute particles. The milk powder can be reconstituted with water to produce liquid milk or used as a component in a variety of culinary preparations. Milk powder comes in a variety of forms, including whole milk powder, skim milk powder, buttermilk powder, and others. Milk powder can also be fortified with mineral and vitamin supplements to enhance its nutritional value.

Global Top Leading Player:

Key players profiled in this report include Arla Foods amba, Fonterra Co-operative Group Limited, Nestle S.A., Saputo Inc., Schreiber Foods Inc., The Kraft Heinz Company, Groupe Lactalis, Dairy Farmers of America, Inc., Danone S.A, and Royal FrieslandCampina N.V.

According to the United Nations Food and Agriculture Organization (FAO), around 150 million families worldwide produce milk. While most developing countries produce their food on small family farms, developed nations have rapidly shifted to large-scale industrial enterprises. In 2022, all of these firms generated around 930 million tons of milk. The cows account for more than 80% of overall production across all species. This rate accounted for almost 100% of production in developed countries.

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Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

Emulsifiers are one of the components used in the production of milk powder. Emulsifiers are additions derived from plant, animal, and synthetic sources that aid in the smooth texture of milk powder and similar processed goods, prevent separation, and improve shelf life. The U.S. Food and Drug Administration rigorously regulates and tests the safety of emulsifiers. The emulsifiers are classified as Generally Recognized as Safe (GRAS) and are permitted at defined quantities in certain types of food and drinks.

Based on the greatest scientific knowledge, the FDA analyses the safety of approved additives on a regular basis to decide if approvals should be amended or revoked. According to the National Center for Biotechnological Information, artificial emulsifiers such as polysorbate 80 enhance bacterial translocation through the gut wall, systemic inflammation, and metabolic syndrome.

This raises the possibility that dietary emulsifiers play a role in diseases such as heart disease, type 2 diabetes, and Crohn's disease. The presence of emulsifiers in milk powder reduces the attractiveness of milk powder as a healthy option and limits the milk powder market opportunities for expansion.

The milk powder market is segmented into type, application, and region. By type, the market is classified into whole milk powder, skimmed milk powder, dairy whitener, buttermilk powder, fat filled milk powder, and others. By application, the market is divided into nutritional food, infant formula, confectionery, baked sweets, savories, and others.

Key findings of the study

According to milk powder market analysis, on the basis of type, whole milk powder segment dominated the milk powder industry in 2021 and is expected to retain its dominance throughout the forecast period.
According to milk powder market trends, on the basis of application, confectionery segment dominated the global milk powder market in 2021 and is expected to retain its dominance throughout the milk powder market forecast period.
Region wise, Asia-Pacific region accounted for the highest market share in the milk powder market in 2021 and is expected to grow at a CAGR of 4.0%.
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