Non-Fat Dry Milk Market

Global Non-Fat Dry Milk Market Size, Trends & Analysis - Forecasts to 2028 By Variety (Almond NFDM, Coconut NFDM, Soy NFDM, Others), By Classification (High Heat NFDM, Medium Heat NFDM, Low Heat NFDM), By Distribution Channel (Supermarkets/Hypermarkets, Online Stores, Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and the Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Category Food & Beverages

Format

This report was recently updated on April 19 2024 with the latest and most recent market numbers

Global Non-Fat Dry Milk Market Size

The Global Non-Fat Dry Milk Market is projected to grow at a CAGR of 6.49% from 2023 to 2028.

Before consuming any food product, a consumer's primary concern is their health. Due to hectic schedules and changing lifestyles, there is a surge in harmful habits that cause a number of health-related issues. Dairy products are one of the most commonly consumed ingredients in food and beverages because of its organoleptic qualities, health advantages, and importance to a balanced diet. However, its high fat content has served as a barrier. As a result, market's demand for various low- and non-fat dairy products has increased.

In order to get non-fat dry milk, liquid milk is evaporated first, followed by the removal of fat. Cakes, puddings, soups, and other confectioneries are among the products that are prepared with non-fat dry milk powder because it gives the meal an excellent texture and maintains its thickness. There has been a paradigm shift as doctors and nutritionists have encouraged the intake of non-fat dry milk owing to its several health benefits. This will in turn surge the sales of non-fat dry milk market during the forecast period of 2023-2028.

Non-fat milk contains at least 35-37% of protein, and it is most commonly used in the therapeutic and supplementary foods. Additionally, it can be utilised in fortified blended foods (FBFs) or ready-to-use foods (RUFs). Non-fat milk improves the flavour of the final products while costing less than regular milk. Due to its lower fat and moisture content, non-fat milk is less likely to cause food poisoning and other food-related problems. With the rise in demand for non-fat dry milk for its various applications, the market for non-fat dry milk powder is expected to increase during the forecast period.

The advantages and adaptable functions that NFDM offers to the food and beverage sector are a major element in the market expansion of non-fat dry milk worldwide. Non-fat dry milk's longer shelf life and ease of handling when it comes to storage and transportation will drive market expansion. Moreover, production costs of non-fat dry milk are lesser than liquid milk which will boost the market for non-fat dry milk.

Non-fat dry milk is a great source of protein, vitamins, and minerals make them popular with consumers who are health-conscious. Non-fat dry milk has a lot of calcium content, which helps with weight management since it boosts metabolism and helps break down fat cells. Additionally, it is projected that the development of new flavours for NFDM, such as the flavours of bananas and berries, would present profitable business potential.

global non-fat dry milk market

Global Non-Fat Dry Milk Market: By Variety

Based on variety, non-fat dry milk is segmented into Almond NFDM, Coconut NFDM, Soy NFDM and Others. The almond NFDM segment is expected to be the fastest-growing segment in the market from 2023-2028. The market's expansion is linked to rising consumer awareness of almond milk's health advantages as well as the fight against obesity in developed nations like the United States. Consumers' desire for blended, tasty, nutritious, and lactose-free milk is expected to drive demand for flavoured almond milk during the forecast period.

Global Non-Fat Dry Milk Market: By Classification

The heat treatment segment is divided into high-heat non-fat milk powder, medium-heat non-fat milk powder, and low-heat non-fat milk powder. The low heat treatment is used for the production of non-fat milk which widely used in the application of bakery and cheese manufacturing. Increasing demand for non-fat milk powder in the bakery and confectionary is driving the growth of the market.

Global Non-Fat Dry Milk Market: By Distribution Channel

The online stores segment is anticipated to be the fastest-growing segment in the market from 2023-2028. The convenience to buy and doorstep delivery are some of the factors contributing to the growth of the market. In addition to this, online stores offer high discount to the customers, further boosting the growth of the market.

asia pacific non-fat dry milk market

Global Non-Fat Dry Milk Market: By Region

Geographically, the segment of North America is analyzed to be the largest in the market due to the rising number of product launch strategies, and increasing organic and inorganic growth initiatives amongst companies and presence of top players. In addition, rising product awareness and reach amongst consumers is anticipated to speed up the growth.

Asia Pacific region is predicted to have rapid growth. The high production of milk as a raw material, the expansion of the baking and confectionary industries, and the advantages of non-fat dry milk in terms of health are some of the major reasons that are predicted to offer the market lucrative growth prospects throughout the forecast period. The growth of this region is also supported by the economic prosperity of nations like China and India.

Global Non-Fat Dry Milk Market Share and Competitor Analysis

The paramount competitors covered in the global non-fat dry milk market report include 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. and Amul. among others.
Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1 Research Methodology

1.1 Research Assumptions

1.2 Research Methodology

1.2.1 Estimates and Forecast Timeline

1.3 Information Procurement

1.3.1 Purchased Database

1.3.2 GME’s Internal Database

1.3.3 Primary Research

1.3.4 Secondary Sources & Third-Party Perspectives

1.3.4.1 Company Information Sources: Annual Reports, Investor Presentation, Press Release, SEC Filing, Company Blogs & Website

1.3.4.2 Secondary Data Sources: World Health Organization

1.4 Information or Data Analysis

1.4.1 Data Analysis Models

1.5 Market Distribution Channel & Data Visualization

1.6 Data Validation & Publishing

1.7 Market Model

1.7.1 Model Details

1.7.1.1 Top-Down Approach

1.7.1.2 Bottom-Up Approach

1.8 Market Segmentation & Scope

1.9 Market Definition

Chapter 2 Executive Summary

2.1. Global Market Outlook

2.2 Variety Outlook

2.3 Classification Outlook

2.4 Distribution Channel Outlook

2.5 Regional Outlook

Chapter 3 Global Non-fat Dry Milk Market Trend Analysis

3.1. Market Introduction

3.2 Penetration & Growth Prospect Mapping

3.3 Impact of COVID-19 on the Non-fat Dry Milk Market

3.4 Metric Data on Healthcare Industry

3.5 Market Dynamic

3.5.1 Market Driver Analysis

3.5.2 Market Restraint Analysis

3.5.3 Industry Challenges

3.5.4 Industry Opportunities

3.6 Porter’s Five Analysis

3.6.1 Threat of New Entrants

3.6.2 Threat of New Substitutes

3.6.3 Bargaining Power of Buyers/Suppliers

3.6.4 Intensity of Competitive Rivalry

3.7 Market Entry Strategies

Chapter 4 Non-fat Dry Milk Market: Variety Trend Analysis

4.1 Variety: Historic Data vs. Forecast Data Analysis, 2022 vs. 2028

4.2 Almond NFDM

4.2.1 Market Estimates & Forecast Analysis of Almond NFDM Segment, By Region, 2020-2028 (USD Billion)

4.3 Coconut NFDM

4.3.1 Market Estimates & Forecast Analysis of Coconut NFDM Markets Segment, By Region, 2020-2028 (USD Billion)

4.4 Soy NFDM

4.4.1 Market Estimates & Forecast Analysis of Soy NFDM Markets Segment, By Region, 2020-2028 (USD Billion)

4.5 Others

4.5.1 Market Estimates & Forecast Analysis of Others Markets Segment, By Region, 2020-2028 (USD Billion)

Chapter 5 Non-fat Dry Milk Market: Classification Trend Analysis

5.1 Classification: Historic Data vs. Forecast Data Analysis, 2022 vs. 2028

5.2 High Heat NFDM

5.2.1 Market Estimates & Forecast Analysis of High Heat NFDM Segment, By Region, 2020-2028 (USD Billion)

5.3 Medium Heat NFDM

5.3.1 Market Estimates & Forecast Analysis of Medium Heat NFDM Segment, By Region, 2020-2028 (USD Billion)

5.4 Low Heat NFDM

5.4.1 Market Estimates & Forecast Analysis of Low Heat NFDM Segment, By Region, 2020-2028 (USD Billion)

Chapter 6 Non-fat Dry Milk Market: Distribution Channel Trend Analysis

6.1 Distribution Channel: Historic Data vs. Forecast Data Analysis, 2022 vs. 2028

6.2 Supermarkets/Hypermarkets

6.2.1 Market Estimates & Forecast Analysis of Supermarkets/Hypermarkets Segment, By Region, 2020-2028 (USD Billion)

6.3 Online Stores

6.3.1 Market Estimates & Forecast Analysis of Governance, Online Stores Segment, By Region, 2020-2028 (USD Billion)

6.4 Others

6.4.1 Market Estimates & Forecast Analysis of Others Segment, By Region, 2020-2028 (USD Billion)

Chapter 7 Non-fat Dry Milk Market, By Region

7.1 Regional Outlook

7.2 North America

7.2.1 Market Estimates & Forecast Analysis, By Country 2020-2028(USD Billion)

7.2.2 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

7.2.3 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

7.2.4 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

7.2.5 U.S.

7.2.5.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

7.2.5.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

7.2.5.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

7.2.6 Canada

7.2.6.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

7.2.6.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

7.2.6.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

7.2.7 Mexico

7.2.7.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028 (USD Billion)

7.2.7.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028 (USD Billion)

7.2.7.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028 (USD Billion)

8.3 Europe

8.3.1 Market Estimates & Forecast Analysis, By Country 2020-2028(USD Billion)

8.3.2 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.3 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.4 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.5 Germany

8.3.5.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.5.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.5.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.6 UK

8.3.6.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.6.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.6.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.7 France

8.3.7.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.7.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.7.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.8 Russia

8.3.8.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.8.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.7.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.9 Italy

8.3.9.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.9.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.9.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.10 Spain

8.3.10.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.3.10.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.3.10.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.3.11 Rest of Europe

8.3.11.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028 (USD Billion)

8.3.11.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028 (USD Billion)

8.3.11.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028 (USD Billion)

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast Analysis, By Country 2020-2028(USD Billion)

8.4.2 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.4.3 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.4.4 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.4.5 China

8.4.5.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.4.5.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.4.5.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.4.6 India

8.4.6.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.4.6.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.4.6.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.4.8 Japan

8.4.8.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.4.8.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.4.8.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.4.8 Australia

8.4.8.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.4.8.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.4.8.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.4.9 South Korea

8.4.9.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.4.9.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.4.9.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.4.10 Rest of Asia Pacific

8.4.10.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028 (USD Billion)

8.4.10.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028 (USD Billion)

8.4.10.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028 (USD Billion)

8.5 Central & South America

8.5.1 Market Estimates & Forecast Analysis, By Country 2020-2028(USD Billion)

8.5.2 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.5.3 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.5.4 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.5.5 Brazil

8.5.5.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.5.5.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.5.5.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.5.6 Rest of Central & South America

8.5.6.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.5.6.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.5.6.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.6 Middle East & Africa

8.6.1 Market Estimates & Forecast Analysis, By Country 2020-2028(USD Billion)

8.6.2 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.6.3 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.6.4 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.6.5 Saudi Arabia

8.6.5.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.6.5.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.6.5.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.6.6 United Arab Emirates

8.6.6.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.6.6.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.6.6.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.6.7 South Africa

8.6.7.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028(USD Billion)

8.6.7.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028(USD Billion)

8.6.7.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028(USD Billion)

8.6.8 Rest of Middle East & Africa

8.6.8.1 Market Estimates & Forecast Analysis, By Variety, 2020-2028 (USD Billion)

8.6.8.2 Market Estimates & Forecast Analysis, By Classification, 2020-2028 (USD Billion)

8.6.8.3 Market Estimates & Forecast Analysis, By Distribution Channel, 2020-2028 (USD Billion)

Chapter 9 Competitive Analysis

9.1 Key Global Players, Recent Developments & their Impact on the Industry

9.2 Four Quadrant Competitor Positioning Matrix

9.2.1 Key Innovators

9.2.2 Market Leaders

9.2.3 Emerging Players

9.2.4 Market Challengers

9.3 Vendor Landscape Analysis

9.4 Distribution Channel Landscape Analysis

9.5 Company Market Share Analysis, 2022

Chapter 10 Company Profile Analysis

10.1 Competitive Analysis, 2022

10.2 HOCHDORF Holding Ltd

10.2.1 Company Overview

10.2.2 Financial Analysis

10.2.3 Strategic Positioning

10.2.4 Info Graphic Analysis

10.3 Bob’s Red Mill natural foods

10.3.1 Company Overview

10.3.2 Financial Analysis

10.3.3 Strategic Positioning

10.3.4 Info Graphic Analysis

10.4 NOW Foods

10.4.1 Company Overview

10.4.2 Financial Analysis

10.4.3 Strategic Positioning

10.4.4 Info Graphic Analysis

10.5 Nestle S.A.

10.5.1 Company Overview

10.5.2 Financial Analysis

10.5.3 Strategic Positioning

10.5.4 Info Graphic Analysis

10.6 All American Foods, Inc.

10.6.1 Company Overview

10.6.2 Financial Analysis

10.6.3 Strategic Positioning

10.6.4 Info Graphic Analysis

10.7 The St. Albans Cooperative Creamery, Inc.

10.7.1 Company Overview

10.7.2 Financial Analysis

10.7.3 Strategic Positioning

10.7.4 Info Graphic Analysis

10.8 Arla Foods

10.8.1 Company Overview

10.8.2 Financial Analysis

10.8.3 Strategic Positioning

10.8.4 Info Graphic Analysis

10.9 American Dairy Products Institute

10.9.1 Company Overview

10.9.2 Financial Analysis

10.9.3 Strategic Positioning

10.9.4 Info Graphic Analysis

10.10 DairyAmerica, Inc.

10.10.1 Company Overview

10.10.2 Financial Analysis

10.10.3 Strategic Positioning

10.10.4 Info Graphic Analysis

10.11 Amul

10.11.1 Company Overview

10.11.2 Financial Analysis

10.11.3 Strategic Positioning

10.11.4 Info Graphic Analysis

10.12 Other Players

10.12.1 Company Overview

10.12.2 Financial Analysis

10.12.3 Strategic Positioning

10.12.4 Info Graphic Analysis

List of Tables

1 Technological Advancements In Non-fat Dry Milk Market

2 Global Non-fat Dry Milk Market: Key Market Drivers

3 Global Non-fat Dry Milk Market: Key Market Challenges

4 Global Non-fat Dry Milk Market: Key Market Opportunities

5 Global Non-fat Dry Milk Market: Key Market Restraints

6 Global Non-fat Dry Milk Market Estimates & Forecast Analysis, 2020-2028 (USD Billion)

7 Global Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

8 Almond NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

9 Coconut NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

10 Soy NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

11 Others NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

12 Global Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

13 High Heat NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

14 Medium Heat NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

15 Low Heat NFDM: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

16 Global Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

17 Supermarkets/Hypermarkets: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

18 Online Stores: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

19 Others: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

20 Regional Analysis: Global Non-fat Dry Milk Market, By Region, 2020-2028 (USD Billion)

21 North America: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

22 North America: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

23 North America: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

24 North America: Non-fat Dry Milk Market, By Country, 2020-2028 (USD Billion)

25 U.S: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

26 U.S: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

27 U.S: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

28 Canada: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

29 Canada: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

30 Canada: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

31 Mexico: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

32 Mexico: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

33 Mexico: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

34 Europe: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

35 Europe: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

36 Europe: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

37 Germany: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

38 Germany: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

39 Germany: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

40 UK: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

41 UK: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

42 UK: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

43 France: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

44 France: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

45 France: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

46 Italy: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

47 Italy: Non-fat Dry Milk Market, By T ClassificationType, 2020-2028 (USD Billion)

48 Italy: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

49 Spain: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

50 Spain: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

51 Spain: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

52 Rest Of Europe: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

53 Rest Of Europe: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

54 Rest of Europe: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

55 Asia Pacific: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

56 Asia Pacific: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

57 Asia Pacific: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

58 Asia Pacific: Non-fat Dry Milk Market, By Country, 2020-2028 (USD Billion)

59 China: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

60 China: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

61 China: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

62 India: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

63 India: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

64 India: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

65 Japan: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

66 Japan: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

67 Japan: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

68 South Korea: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

69 South Korea: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

70 South Korea: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

71 Middle East & Africa: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

72 Middle East & Africa: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

73 Middle East & Africa: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

74 Middle East & Africa: Non-fat Dry Milk Market, By Country, 2020-2028 (USD Billion)

75 Saudi Arabia: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

76 Saudi Arabia: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

77 Saudi Arabia: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

78 UAE: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

79 UAE: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

80 UAE: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

81 Central & South America: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

82 Central & South America: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

83 Central & South America: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

84 Central & South America: Non-fat Dry Milk Market, By Country, 2020-2028 (USD Billion)

85 Brazil: Non-fat Dry Milk Market, By Variety, 2020-2028 (USD Billion)

86 Brazil: Non-fat Dry Milk Market, By Classification, 2020-2028 (USD Billion)

87 Brazil: Non-fat Dry Milk Market, By Distribution Channel, 2020-2028 (USD Billion)

88 HOCHDORF Holding Ltd: Products Offered

89 Bob’s Red Mill natural foods: Products Offered

90 NOW Foods: Products Offered

91 Nestle S.A.: Products Offered

92 All American Foods, Inc.: Products Offered

93 The St. Albans Cooperative Creamery, Inc.: Products Offered

94 Arla Foods Inc: Products Offered

95 American Dairy Products Institute: Products Offered

96 Other Companies: Products Offered

List of Figures

1. Global Non-fat Dry Milk Market Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Non-fat Dry Milk Market: Penetration & Growth Prospect Mapping

7. Global Non-fat Dry Milk Market: Value Chain Analysis

8. Global Non-fat Dry Milk Market Drivers

9. Global Non-fat Dry Milk Market Restraints

10. Global Non-fat Dry Milk Market Opportunities

11. Global Non-fat Dry Milk Market Challenges

12. Key Non-fat Dry Milk Market Manufacturer Analysis

13. Global Non-fat Dry Milk Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. HOCHDORF Holding Ltd: Company Snapshot

16. HOCHDORF Holding Ltd: SWOT Analysis

17. Bob’s Red Mill natural foods: Company Snapshot

18. Bob’s Red Mill natural foods: SWOT Analysis

19. NOW Foods: Company Snapshot

20. NOW Foods: SWOT Analysis

21. Nestle S.A.: Company Snapshot

22. Nestle S.A.: SWOT Analysis

23. All American Foods, Inc.: Company Snapshot

24. All American Foods, Inc.: SWOT Analysis

25. The St. Albans Cooperative Creamery, Inc.: Company Snapshot

26. The St. Albans Cooperative Creamery, Inc.: SWOT Analysis

27. Arla Foods Inc: Company Snapshot

28. Arla Foods Inc: SWOT Analysis

29. American Dairy Products Institute: Company Snapshot

30. American Dairy Products Institute: SWOT Analysis

31. Other Companies: Company Snapshot

32. Other Companies: SWOT Analysis

The Global Non-Fat Dry Milk Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Non-Fat Dry Milk Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the non-fat dry milk market?

The global non-fat dry milk market is projected to grow at a CAGR of 6.49% from 2023 to 2028.

Who are the major vendors in the non-fat dry milk market?

The paramount competitors covered in the non-fat dry milk market report are HOCHDORF Holding Ltd., Bobs 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. and Amul among others.

What are the opportunities prevailing in the global non-fat dry milk market?

The opportunities prevailing in the global non-fat dry milk market are untapped developing nations such as India, China, and Nigeria that nevertheless use conventional milk. The projected year is expected to see increased market growth prospects due to factors such as high production of milk as a raw material, health benefits of non-fat dry milk, and expansion of government programs.

What are the major drivers in the non-fat dry milk market?

The primary factor fuelling the expansion of the global non-fat dry milk market is rapid urbanization which has resulted in an increase in lifestyle diseases. The market for non-fat dry milk is anticipated to grow more swiftly as a result of its ability to be fortified, longer shelf life of the product and its versatility. The markets expansion has also been aided by a paradigm shift from consumption of dairy products to non-fat dry milk. Also, the potential for market expansion has been expanded by the anticipation of the key tech players and vendors.