Whole Milk Powder Market: Outlook
Dairy products are products produced from milk or products containing milk. A variety of dairy products or milk derived products such as cheese, yogurt and butter are available in the market. Facilities that provide dairy products are known as dairy factories. An array of milk derived products such as kefir, skimmed milk, cultured milk, powdered milk, baked milk, condensed milk, evaporated milk, infant formula and other products are available in the market.
Powdered milk products can be categorized into buttermilk powder, whole milk powder, whey powder, skim powder, high milk-fat powder and others. Powdered milk, otherwise known as milk powder, is produced by removing the moisture and water content from milk. The main purpose of drying milk is its extended preservation. When compared with liquid milk, powdered milk has a longer shelf life and does not require refrigeration, due to the lack of moisture content. Powdered milk is also easier to transport and economical when compared with liquid milk.
Whole milk powder is the one that has the whole nutrient value of liquid milk in the powdered form, including the fat content. Whole milk powder consists of fixed levels of nutrients and is over-engineered for most applications.
Whole Milk Powder and its Beneficial Features
Whole milk powder is easily reconstituted, a convenient form of liquid milk and an economical source of dairy products. The usage of whole milk powder instead of liquid milk helps reduce storage and transportation costs. Reduced storage space and the non-refrigerated shipping and warehousing of dry whole milk powder translate into cost savings. The manufacturing of whole milk powder can be accomplished via two processes, spray drying and roller drying. Spray dried whole milk powder is more extensively used than roller dried milk. Apart from protein, calcium and other nutrient values, several other properties are achieved through the addition of whole milk powder in diet. Whole milk powder is also used as a replacer and substitute in water/oil interfaces to aid the formulation of fat emulsions.
A majority of whole milk powder is consumed in the U.S. by food manufacturers. These days, food scientists and food manufacturing companies are novel ways of using whole milk powder economically without harming the environment.
Global Whole Milk Powder Market: Segmentation
On the basis of source, the global whole milk powder market has been segmented as:
On the basis of end use, the global whole milk powder market has been segmented as:
On the basis of distribution channel, the global whole milk powder market has been segmented as:
Global Whole Milk Powder Market: Market Participants
Some of the market participants operating in the global whole milk powder market identified across the value chain include Adiplus S.A.C., AgMotion Dairy, Agri-Dairy Products, Inc., Agropur, Inc., Alamfoods Inc., Bluegrass Dairy & Food LLC, Breen Dairy Trading, Inc., Cayuga Milk Ingredients, Chicago Dairy Corporation, Clofine Dairy & Food Products, Inc., All American Foods, Inc., Dairy Trade USA LLC, DJL Management LLC and Gerber California, Inc., among others.
Opportunities for Participants in the Whole Milk Powder Market
The whole milk powder market is pegged to have high potential for growth, owing to the various benefits of whole milk powder in the food industry. Many food manufacturers in regions such as North America and Latin America are using whole milk powder predominantly as compared to other whey products. If the same practice is adopted by other regions, the global milk powder market is likely to witness phenomenal growth over the forecast period.