The Europe Milk Powder Market would witness market growth of 4.1% CAGR during the forecast period (2023-2030).
The milk powder market refers to the trade and consumption of powdered dairy products derived from liquid milk through evaporation and spray drying processes. Milk powder is a versatile and shelf-stable form of milk that retains many nutritional properties, including proteins, vitamins, and minerals.
Additionally, the market encompasses various types of this, including whole milk powder, skimmed milk powder, and fortified products, which find applications in infant formula, dairy products, baked goods, confectionery, and other food and beverage industries.
Within the F&B processing sector, significant value generation was observed in specific segments. The manufacture of bakery and starch-based products emerged as the most prominent, contributing to 17.7% of the total value added by EU F&B processors. Therefore, the expansion of the food and beverage industry and the rising food retail sector in the region is propelling the market's growth.
The Germany market dominated the Europe Milk Powder Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2626.3 Million by 2030. The UK market is experiencing a CAGR of 3.1% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.9% during (2023 - 2030).
Based on Product Type, the market is segmented into Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Buttermilk Powder, Fat Enrich Milk Powder and Others. Based on Application, the market is segmented into Bakery & Confectionery, Infant Formula, Ice-Creams, Nutrition Food, Sweets & Savories, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The milk powder market refers to the trade and consumption of powdered dairy products derived from liquid milk through evaporation and spray drying processes. Milk powder is a versatile and shelf-stable form of milk that retains many nutritional properties, including proteins, vitamins, and minerals.
Additionally, the market encompasses various types of this, including whole milk powder, skimmed milk powder, and fortified products, which find applications in infant formula, dairy products, baked goods, confectionery, and other food and beverage industries.
Within the F&B processing sector, significant value generation was observed in specific segments. The manufacture of bakery and starch-based products emerged as the most prominent, contributing to 17.7% of the total value added by EU F&B processors. Therefore, the expansion of the food and beverage industry and the rising food retail sector in the region is propelling the market's growth.
The Germany market dominated the Europe Milk Powder Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2626.3 Million by 2030. The UK market is experiencing a CAGR of 3.1% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 4.9% during (2023 - 2030).
Based on Product Type, the market is segmented into Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Buttermilk Powder, Fat Enrich Milk Powder and Others. Based on Application, the market is segmented into Bakery & Confectionery, Infant Formula, Ice-Creams, Nutrition Food, Sweets & Savories, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Arla Foods, Inc.
- Dairy Farmers of America, Inc.
- Fonterra Co-operative Group Limited
- Nestle S.A.
- Royal FrieslandCampina N.V.
- Saputo, Inc.
- Schreiber Foods, Inc.
- The Kraft Heinz Company
- Danone S.A.
- DANA Dairy Group Ltd.
Market Report Segmentation
By Product Type- Whole Milk Powder
- Skimmed Milk Powder
- Dairy Whitener
- Buttermilk Powder
- Fat Enrich Milk Powder
- Others
- Bakery & Confectionery
- Infant Formula
- Ice-Creams
- Nutrition Food
- Sweets & Savories
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Milk Powder Market by Product Type
Chapter 5. Europe Milk Powder Market by Application
Chapter 6. Europe Milk Powder Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Arla Foods, Inc.
- Dairy Farmers of America, Inc.
- Fonterra Co-operative Group Limited
- Nestle S.A.
- Royal FrieslandCampina N.V.
- Saputo, Inc.
- Schreiber Foods, Inc.
- The Kraft Heinz Company
- Danone S.A.
- DANA Dairy Group Ltd.
Methodology
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