Newark, Dale, Sept. 19, 2022 (Globe Newswire) – Newark, Dale: The Organic Milk Powder Market It is set to grow at a compound annual growth rate of 5.4% and is expected to reach a valuation of approximately US$3.9 billion by 2032.
Among the important factors driving the popularity of organic milk powder products over conventional dairy products are several advantages. Moreover, organic milk powder is widely used in fermented milk foods, yogurt, sterilized milk, confectionery, ice cream, bakery, and canning operations, increasing the demand of organic milk powder market.
Key Determining Factors of the Organic Milk Powder Market- Creating the Hype
The demand for organic milk powder is increasing as more consumers prefer natural and organic food products. Moreover, organic milk powder has become a popular ingredient in a variety of foodstuffs, resulting in increased market demand. Manufacturers conduct research and development activities in the organic milk powder market to ensure the highest level of quality and safety.
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The organic milk powder market is expected to expand significantly during the forecast period. Since organic milk extends the shelf life of milk without the need for refrigeration, consumers may benefit from consuming it. In addition, nutritional advantages and freshness are key factors for market growth.
The industry is expanding thanks to the growing demand for organic milk from health-conscious consumers and its use in a variety of foods such as yogurt, dairy products, ice cream and baked goods. The development of organic milk to improve children’s health is another factor in increasing sales of organic milk powder.
The challenges faced by the organic milk powder market
High regulatory standards in the United States, increased customer demand, and a three-year transition period for conventional dairy farms to switch to organic dairy farms are major challenges for dairy farmers, stifling the growth of the organic milk powder market.
The main takeaway from the market study
- The US organic dairy industry is expected to generate $8 billion in sales by 2022, according to the Organic Trade Association.
- The organic whole milk segment was expected to gain a profitable share of 53.6% by the end of 2017 and recorded a compound annual growth rate of 5.8% in value terms during the forecast period.
- The share of organic skimmed milk powder is expected to reach 26.2% by the end of 2017, at a compound annual growth rate of 4.7% in terms of value during the forecast period.
- Expanding export facilities for organic milk powders, which can be maintained for a longer period of time than milk, is one of the main reasons for the expansion of the UK organic milk powder market.
- One of the key drivers of organic milk powder market growth is the growing awareness of China’s excessive use of fertilizers, pesticides and bovine growth hormone (BGH).
- Organic skimmed milk is expected to account for 45% of the organic milk powder market, with organic skimmed milk powder making up a large portion of that.
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Sustainable diets and nutrition are becoming increasingly popular among consumers. Consumers choose more food products as they become more aware of the need to lead a healthy lifestyle. People are also emphasizing sustainable diets as a result of the increasing negative perception of animal foods. Organic milk powder has many health benefits, including promoting joint health, digestion, and more. Organic Milk Powder increases nutritional composition when used in functional meals and beverages. ” Says Future Market Insights analyst.
More milk is likely to be converted into commodity items, such as milk powders, as the supply of organic milk increases. Producers of organic milk powder are investing in research and development of new and improved production processes, as well as advertising the benefits of organic dairy products.
Through strategic partnership, manufacturers can increase production, match consumer demand, and increase sales. Due to the adoption of revolutionary packaging technologies and techniques, end users will be able to benefit from organic packaging. Successful strategic cooperation may help the company increase its manufacturing capacity.
- In October 2021, the Lactalis Group completed a €500 million acquisition of the European companies Leerdammer and Shostka. As a result of this transaction, the Lactalis Group will be able to receive assistance in the development of high-quality, respectable local products. It will also help in the growth of the company.
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Market Segments Covered Organic Milk Powder Market Analytics
By type, the Organic Milk Powder market is segmented as follows:
- skimmed milk
- pure milk
- Milk and whey
By sales, the organic milk powder market is segmented as follows:
- direct sales
- Indirect sales
- modern trade
- Online retailers
On the basis of end use, the organic milk powder market is segmented as follows:
- Nutritional supplements
- Cosmetics and personal care
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By region, organic milk powder market is fragmented as such:
- North Amarica
- Latin america
- East Asia
- South Asia
- Middle East Airlines
1. Executive Summary
1.1 Global Market Outlook
1.2 Demand-side trends
1.3 Supply-side trends
2. Market Overview
2.1. Market Coverage / Rating
2.2. Market Definition / Scope / Limitations
Discover the wide coverage of FMI on food and Beverage field:
The size of the vegetable milk market: The demand for the plant-based milk market is expected to reach US$13.24 billion in 2021. According to Future Market Insights (FMI), the total market value is expected to reach US$30.79 billion by 2031. Rising demand for alternatives will drive milk sources And the protein sales in the market at a compound annual growth rate of 8.8% until 2031.
Growth of the dairy and fortified milk market : Fortified milk and dairy products are dairy products that are fortified or fortified with micronutrients such as vitamins and minerals that are deficient in consumers of different age groups. Due to its diverse application and high nutritional value, milk is one of the most consumed dairy products globally.
BRIC Organic Baby Food Market Analysis : The BRIC . Organic Baby Food Market Huge growth prospects are expected to emerge in the near future despite the unprecedented effects of the coronavirus pandemic in 2019 and 2020.
Market share of fat filled milk powder: Fat filled milk powder has gained great recognition in recent years and is in increasing demand especially in developing countries. in 2022, Milk powder market you can 4.9 billion US dollars. The market is likely to grow at a compound annual growth rate of 5.8% Compound annual growth rate to 2032 by projection value 8.5 billion US dollars.
Milk Ingredients Market Forecast : Milk ingredients are a kind of ingredient rich in essential nutrients. Milk components of different types including casein, lactose, milk protein concentrate and milk protein isolate. Milk has a relatively limited shelf life, but its components have a relatively longer shelf life.
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