Nonfat Dried Milk Market Trends, Business Overview, Industry Growth and Forecast to 2028

Nonfat 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. NFDM is used as an emulsifier in soups, beverages and baked goods. Contains concentrated protein and calcium and provides nutritional benefits.The benefits and versatility provided by NFDM in the food and beverage industry are key factors driving the growth of the market.

 

Key Players

 

• Alpen Food Group(Netherlands)
• NZMP(New Zealand)
• Dana Dairy(Switzerland)
• Vreugdenhil(Netherlands)
• Glanbia Ingredients Ireland (Ireland)
• Revala Ltd(Estonia)
• TATURA(Australia)
• Foodexo(Poland)
• Amul (India)
• Nova Dairy products (India)

 

Market – Segmentation

Segments by Type

• Low-Heat
• Medium-Heat
• High-Heat

 

Segments by Application

• Dairy Products
• Confectionery
• Desserts & Bakery
• Meat Products
• Infant Formula

 

Scope of the Report

 

The research study analyses the Global Nonfat Dried 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

 

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o 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 Dried Milk Market Report

 

1. What was theNonfat Dried Milk Market size in 2020and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Nonfat Dried Milk Marketduring the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in theNonfat Dried Milk Market was the market leader in 2021s?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.