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

Report Code: PMI128219 | Publish Date: March 2024 | No. of Pages: 156

Global Non Fat Dry Milk Overview

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.

Non-fat dry milk is manufactured by the removal of fat and water from milk. It contains lactose, milk proteins, and milk minerals in the same relative proportions as in the fresh milk from which it made.

Increasing demand for non-fat dry milk in end use industries such as bakery and meat industries which is the driving growth factor for the target market. Additionally, rising demand for non-fat dry milk in confectionary industry is a key factor fueling growth of the global non-fat dry milk market. Moreover, easy handling and transportation of non-fat dry milk as compared to liquid milk and longer shelf life of nonfat dry milk are some other factors expected to support growth of the global non-fat dry milk market in the near future. The increasing consumption of dairy increases the number of dairy farms products drives the global market growth. For instance, according to data published in Indian Council of Food and Agriculture, India has 75 million dairy farms. However, poor taste of the non-fat dry milk as compared to liquid milk may restrain growth of the target market. Additionally, the growing adulteration on the dairy products is the another restraining factor for the global market growth.  Presence of key players such as Blue Diamond Growers, in the target market is also major factor for the growth of this region.

The key players operating the global non-fat dry milk market involves 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, and Glanbia Ingredients Ireland Ltd., Holland Dairy Foods. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. The Blue Diamond Growers Inc. has over 3,000 growers across California.

Detailed Segmentation:

Non Fat Dry Milk Market, By Type:

  • Low Heat
  • Medium Heat
  • High Heat

Non Fat Dry Milk Market, By Application:

  • Dairy Products
  • Confectionery
  • Desserts & Bakery
  • Meat Product
  • Others (Infant formula and Prepared Dry Mixes)

Non Fat Dry Milk Market, By Distribution Channel:

  • Supermarket
  • Hypermarket
  • Convenience Stores
  • Online Store
  • Wholesalers

Non Fat Dry Milk Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Non Fat Dry Milk Market, By Type
      • Middle East & Africa Non Fat Dry Milk Market, By Application
      • Middle East & Africa Non Fat Dry Milk Market, By Distribution Channel
      • Middle East & Africa Non Fat Dry Milk Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Non Fat Dry Milk Market, By Type
      • Latin America Non Fat Dry Milk Market, By Application
      • Latin America Non Fat Dry Milk Market, By Distribution Channel
      • Latin America Non Fat Dry Milk Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Non Fat Dry Milk Market, By Type
      • Asia Pacific Non Fat Dry Milk Market, By Application
      • Asia Pacific Non Fat Dry Milk Market, By Distribution Channel
      • Asia Pacific Non Fat Dry Milk Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
    • Europe
      • Europe Non Fat Dry Milk Market, By Type
      • Europe Non Fat Dry Milk Market, By Application
      • Europe Non Fat Dry Milk Market, By Distribution Channel
      • Europe Non Fat Dry Milk Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Non Fat Dry Milk Market, By Type
    • North America Non Fat Dry Milk Market, By Application
    • North America Non Fat Dry Milk Market, By Distribution Channel
    • North America Non Fat Dry Milk Market, By Country
      • U.S.
      • Canada

Company Profile:

        • Chipset Portfolio
        • Key Highlights
        • Financial Performance
      • 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

“*” marked represents similar segmentation in other categories in the respective section.

Global Non Fat Dry Milk Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Non Fat Dry Milk Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Low Heat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Medium Heat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • High Heat
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Non Fat Dry Milk Market, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Dairy Products 
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Confectionery
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Desserts and Bakery
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Meat Products
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Infant formula
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Prepared Dry Mixes
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Non Fat Dry Milk Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Blue Diamond Growers, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OATLY A.B
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Danone S.A
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Jaw Der Develop Co. Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Eden Foods, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Organic Valley Cropp Cooperative  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SunOpta, Inc
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The Hain Celestial Group, Inc..  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Dana Dairy Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Glanbia Ingredients Ireland Ltd. 
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The global non-fat dry milk market report segments the market on the basis of type, application, and region.

Increasing demand for non-fat dry milk in end-use industries such as bakery and meat industries which is the driving growth factor for the target market.

The market in the Asia Pacific is expected to dominate the global non-fat dry milk market and accounts for the highest market share in terms of revenue owing to rising adoption of non-fat dry milk in confectionary and bakery industries in countries in the region.

Prominent players operating in the target market are focusing on strategic partnerships as well as launching the products in order to gain a competitive edge in the target market. The Blue Diamond Growers Inc. has over 3,000 growers across California.