Spray dried dairy powder Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
- Transparency Market Research
- Dairy Products
Global Spray dried dairy powder Market Outlook
The dairy Industry is one of the most important sectors in the global trade. Dairy products are considered a necessary commodity in people’s regular diet. Over the years, the industry has witnessed significant changes in its product offerings, which can be attributed to the on-going preference for fat-free and lactose-free dairy products. Lactose free dairy products are already quite popular in the North American and European markets. The spray dried dairy powder is a dairy segment that has evolved in term of its product offerings over the years. Spray dried dairy powder is obtained by rapidly drying milk with a hot gas. It is one of the preferred methods for drying a thermally-sensitive material like milk.
Global Spray dried dairy powder Market: Reasons for covering this Title
Per capita consumption of dairy products has seen tremendous growth in developing countries due to rise in buying power of consumers and a decline in dairy prices since 2013. Developing countries in Northern Africa, Middle East and Latin America have witnessed higher consumption of all processed dairy products. According to U.N. FAOSTAT, the consumption of spray dried dairy powder, like whole milk powder, declined between 2006 and 2015. However, the consumption is now expected to grow at a robust rate over the forecast period. The global production share of spray dried dairy powder, like skim milk powder and whole milk powder, is expected to account for 51% and 49% respectively according to OECD.
Global Spray dried dairy powder: Market Segmentation
On the basis of nature, the global Spray dried dairy powder market has been segmented as –
On the basis of types, the global Spray dried dairy powder market has been segmented as –
- Milk Powder
- Whole Milk Powder
- Skim Milk Powder
- Whey Powder
- Sweet Whey Powder
- Acid Whey Powder
- Buttermilk Powder
- Protein Concentrates and Isolates
On the basis of application, the global Spray dried dairy powder market has been segmented as –
- Food & Beverages Industry
- Infant Nutrition
- Bakery Products
- Confectionery & Snacks
- Dressings and Sauces
- Healthcare Industry
- Animal Feed Industry
On the basis of the distribution, the global Spray dried dairy powder market has been segmented as –
- Convenience Stores
- Specialty Stores
Key Takeaways - Spray dried dairy powder Market
Major production of milk occurs in the northern hemisphere, specifically in the EU, Latin America and several countries of Southeast Asia, such as India. However, the highest rate of dairy consumption, including processed products, such as spray dried dairy powders, has been observed in Australia and New Zealand. Moreover, New Zealand has developed into one of the important suppliers of spray dried dairy powder, specifically whole milk powder, to countries, such as China.
Global Spray dried dairy powder Market: Key Players:
Some of the key players operating in the global Spray dried dairy powder market are All American Foods, Inc., Kerry Inc., Nestle S.A., G&R Foods, Inc., Talmera, Commercial Creamery Company, Hoogwegt Group, Burra Foods Australia., ViPlus Dairy PTY LTD, Tatura Milk Industries Ltd. and Gold Cow Australia Pty Ltd, among others.
Spray dried dairy powder Market: Global Key Trends:
- China has shown continued decline in spray dried dairy powder imports: China, which accounts for 28% of world dairy imports, experienced a significant decline in whole milk dairy powder imports by 34% between 2014 and 2015. The rise in the country's domestic milk production and continued investments for augmenting its processing capabilities are some of the reasons responsible for China being less dependent on imported goods.
- Northern Africa and the Middle East are tagged as favorite destinations for the import of all dairy products: The two regions account for 25% import of global skim milk powder and 20% of the total import of global whole milk powder. A confluence of various factors, such as unfavorable climatic conditions and strongly growing demand for dairy products, has triggered the growing import volume for these regions in the past couple of years.
Opportunities for Spray dried dairy powder Market Participants
A rise in awareness among the consumers about health has been observed in the past two decades, which is driving consumers to hit health maintenance institutions, such as gymnastic centers, where consumers are advised to consume spray dried powders, such as whey powder, etc. In the food sector, spray dried dairy powders makes an ideal food for infant nutrition. Hence, these factors have the potential to trigger demand for spray dried dairy powder market in near future.
Brief Approach to Research
We will follow a modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the product types, application and distribution channel of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall Spray dried dairy powder market sizes.
Key Data Points Covered in the Report
Some of the key data points covered in our report include:
- An overview of the Spray dried dairy powder market, including background and evolution
- Macroeconomic factors affecting the Spray dried dairy powder market and its potential
- Spray dried dairy powder market dynamics, such as drivers, challenges, and trends
- The cost structure of the products and segments covered in the study
- In-depth pricing analysis, by key product segments, regions and by major Spray dried dairy powder market participants
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario
- Analysis of the Spray dried dairy powder market structure, including a tier-wise categorization of key Spray dried dairy powder market participants
- Competitive landscape of the market, including detailed profiles of the top players in Spray dried dairy powder market
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.