02-May-2024 | Zion Market Research
Zion Market Research has published a new report titled “Organic Milk Powder Market By Type (Whole Milk Powder, Skimmed Milk Powder and others (Buttermilk Powder and Fat-Filled Milk Powder)), By Application (Food and Beverages, Dietary Supplements, Cosmetics and Personal Care), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032” According to the report, the organic milk powder market accounted for USD 34.57 Billion in 2023 and is expected to reach USD 45.11 Billion by 2032, growing at a CAGR of around 3% between 2024 and 2032.
Browse the full “Organic Milk Powder Market By Type (Whole Milk Powder, Skimmed Milk Powder and others (Buttermilk Powder and Fat-Filled Milk Powder)), By Application (Food and Beverages, Dietary Supplements, Cosmetics and Personal Care), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/organic-milk-powder-market
The global organic milk powder market is anticipated to observe significant growth over the years. It is likely to grow at a single-digit CAGR within the forecast period. This uprise is basically due to the inclination of consumers towards healthy living. The numerous health benefits such as strong immune system, cellular growth, and blood clot prevention are mainly because of several nutrients present in it. These health benefits have boosted the sales for the organic milk powder as compared to the conventional milk powder. The other beneficial attributes such as freshness and quality are some other contributing factors for the upsurge of the overall organic milk powder market. Moreover, the changing consumption patterns due to rapid urbanization have also positively affected the organic milk powder market.
The organic milk powder market has been segmented on the basis of type and application. Based on product type, the organic milk powder market is classified as whole milk powder, skimmed milk powder and others (buttermilk powder and fat-filled milk powder). The removal of water from the pasteurized milk forms whole milk powder while partial removal of fat and water from pasteurized milk forms skimmed milk powder. The whole milk powder segment is anticipated to be the fastest-growing segment in the upcoming years. Based on the application, the organic milk powder market is segmented into food and beverages, dietary supplements, cosmetics, and personal care. The consumer inclination towards packaged & processed food has given the food & beverage segment the potential to have the highest CAGR for the upcoming years.
Some key players in operating in the organic milk powder market are Arla Foods amba, Nestlé, Dean Foods Company, Dairy Farmers of America Inc, and Lactalis Group, among others.
This report segments the global organic milk powder market as follows:
Global Organic Milk Powder Market: Type Segment Analysis
Global Organic Milk Powder Market: Application Segment Analysis
Global Organic Milk Powder Market: Regional Segment Analysis
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