Non Fat Dry Milk contains lactose, milk proteins, and milk minerals in the same relative proportions as in the fresh milk from which it made and manufactured by the removal of fat and water from milk. Non Fat Dry Milk contains only 0.2 grams of fat and 0.3 grams of saturated fat and provides powerful benefits such as calcium, proteins, vitamin A and vitamin D.

Rising demand for non-fat dry milk in confectionary industries and its nutritional benefits has become a key factor for fueling growth of the non-fat dry milk market. Increasing consumption of dairy increases the number of dairy farms products which drives the global market growth. Further, low cost of non-fat dry milk compared to liquid milk is expected to fruitful the demand for target market growth over the forecast period.

The report “Non Fat Dry Milk Market, By Type (Low Heat, Medium Heat, and High Heat), By Application (Dairy Products, Confectionery, Desserts and Bakery, Meat Products, Infant formula, and Prepared Dry Mixes), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

 Key Highlights:

• In October 2022, the world’s leading index provider, S&P Dow Jones Indices (“S&P DJI”), launched the S&P GSCI Skim Milk Powder, the latest in a series of single commodity indices based on the S&P GSCI. The S&P GSCI Skim Milk Powder dairy commodity markets are designed to provide investors with a reliable and publicly available performance benchmark.
• In May 2021, Lactalis Ingredients launched new organic whole milk powder with its expansion of milk powder range products in France. This milk comes from French dairy farms with specification of organic farming. The product is free from antibiotics, preservatives, and neutralizing agents and can be used for dairy, baking and making chocolates.

Analyst View:

The key factor driving the growth of the Non Fat Dry Milk market is increasing demand for Non Fat Dry Milk due to its high nutritional and healthy benefits. Non-fat dry milk has longer shelf life as compared to liquid milk which led to increase in demand for target market growth. Important health benefits such as lowering blood pressure due to no fat and content of helpful nutrition with calcium, potassium and magnesium has given rise in demand for target market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Non-Fat Dry Milk Market, By Type (Low Heat, Medium Heat, and High Heat), By Application (Dairy Products, Confectionery, Desserts and Bakery, Meat Products, Infant formula, and Prepared Dry Mixes), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Non Fat Dry Milk Market was valued at US$ 8.3 Billion in 2024 and is projected to grow at a CAGR of 5.80% to reach US$ 13.9 Billion by 2034. The Non Fat Dry Milk Market is segmented based on Type, Application and Region.

• Based on Type, Non Fat Dry Milk Market is segmented into Low Heat, Medium Heat, and High Heat.
• Based on Application, Non Fat Dry Milk Market is segmented into Dairy Products, Confectionery, Desserts and Bakery, Meat Products, Infant formula, and Prepared Dry Mixes.
• By Region, the Non Fat Dry Milk Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Non Fat Dry Milk Market:

The prominent players operating in the Non Fat Dry Milk Market includes, Blue Diamond Growers Inc., OATLY A.B, Danone S.A, Jaw Der Develop Co. Ltd., Eden Foods, Inc., Organic Valley CROPP Cooperative, SunOpta, Inc., The Hain Celestial Group Inc., Dana Dairy Group, Glanbia Ingredients Ireland Ltd., Holland Dairy Foods, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

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