Nonfat Dry Milk Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The Nonfat Dry Milk Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). Non-fat dry milk (NFDM), also known as skim milk powder, is made by extracting water from pasteurized milk and contains up to 5% water and 1.5% milk fat. Fat-free formula has a shelf life of 12 to 13 months longer than liquid milk. There are two types of non-fat formula on the market, spray dried and roller dried. Spray drying is mainly used as an ingredient in food and beverage products. Because NFDM contains concentrated protein and calcium and provides nutritional benefits, it is used as an emulsifier in soups, beverages, and baked goods.The benefits and versatility provided by NFDM in the food and beverage industry are key factors driving the growth of the global non-fat milk powder market. The extended shelf life and ease of handling of NFDM, which is associated with transporting and storing non-fat milk powder over liquid milk, is driving the market growth.

The following segmentation are covered in this report:

By Classification

• High-heat NFDM
• Medium-heat NFDM
• Low-heat NFDM

By Type

• Spray Dried
• Roller Dried

 By Function

• Browning/Color
• Emulsification
• Foaming
• Water Binding
• Flavor

 Company Profile

• HOCHDORF Holding Ltd.
• Bob’s Red Mill natural foods
• NOW Foods
• Nestle S.A.
• All American Foods, Inc.
• The St. Albans Cooperative Creamery, Inc.
• Arla Foods
• American Dairy Products Institute
• DairyAmerica, Inc.
• Amul

Scope of the report

The research study analyses the Nonfat Dry Milk Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Nonfat Dry Milk Market Report

• What was the Nonfat Dry Milk Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Nonfat Dry Milk Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Nonfat Dry Milk Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.