Nonfat Dried Milk Market Report 2024 (Global Edition)

Global Nonfat Dried Milk Market Report 2024 Market Size Split by Variety (Almond NFDM, Coconut NFDM, Soy NFDM, Others), by Type (Spray Dried, Roller Dries), by Classification (High Heat NFDM, Medium H...

Nonfat Dried Milk Market Report Description

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Nonfat Dried Milk Market Insights Video

Competitive Landscape of the Nonfat Dried Milk Market

The competitive landscape of the Nonfat Dried Milk market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Nonfat Dried Milk companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

Top Companies Market Share in Nonfat Dried Milk Industry: (In no particular order of Rank)

• Blue Diamond Growers
• OATLY
• Danone
• Earth's Own Food
• Eden Foods
• Organic Valley Cropp
• SunOpta
• Hain Celestial
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Nonfat Dried Milk Market

Which Region Dominates the Nonfat Dried Milk Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America is experiencing a boom inside the nonfat dried milk marketplace due to increasing purchaser calls for nutritious and shelf-strong dairy merchandise. Factors using this boom encompass the versatility of nonfat dried milk in meal processing, its longer shelf existence, and growing health cognizance among consumers. Manufacturers are expanding production to meet this developing demand throughout the area.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Nonfat Dried Milk market due to several compelling reasons. ? Europe's nonfat dried milk marketplace is increasing due to similar developments seen in North America, consisting of accelerated client desire for nutritious and lengthy-lasting dairy products. The market increase is supported by using the flexible programs of nonfat dried milk in numerous meal sectors and the emphasis on sustainable meal production practices. Manufacturers in Europe are scaling up manufacturing to cater to this developing demand effectively.

 

The current report Scope analyzes Nonfat Dried Milk Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Nonfat Dried Milk Market

According to Cognitive Market Research, the global Nonfat Dried Milk market size was estimated at USD 7584.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 3033.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031

• According to Cognitive Market Research, the US had a major share in the Nonfat Dried Milk market with a market size of USD 2393.57 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. The demand is amplified by the health consciousness.
• The Canada Nonfat Dried Milk market had a market share of USD 364.04 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Canada's high shelf life.
• The Mexico Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 276.06 million in 2024.

Europe Nonfat Dried Milk Market

According to Cognitive Market Research, the global Nonfat Dried Milk market size was estimated at USD 7584.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2275.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031.

• The United Kingdom Nonfat Dried Milk market had a market share of USD 382.24 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. In the UK, Nonfat Dried Milk sales witness an upswing due to the dairy alternatives demand.
• The France Nonfat Dried Milk market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 209.32 million in 2024.
• According to Cognitive Market Research, the Germany Nonfat Dried Milk market size was valued at USD 450.50 million in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period. In Germany, Nonfat Dried Milk sales surged due to infant formula usage.
• The Italy Nonfat Dried Milk market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 195.67 million in 2024.
• The Russia Nonfat Dried Milk market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 352.67 million in 2024.
• The Spain Nonfat Dried Milk market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD 186.57 million in 2024
• The Luxembourg Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 70.53 million in 2024.
• The Portugal Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 47.78 million in 2024.
• The Greece Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 27.30 million in 2024.
• Rest of Europe's Nonfat Dried Milk market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 352.67 million in 2024.

Asia Pacific Nonfat Dried Milk Market

According to Cognitive Market Research, the global Nonfat Dried Milk market size was estimated at USD 7584.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1744.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

• According to Cognitive Market Research, the China Nonfat Dried Milk market size was valued at USD 784.96 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Nonfat Dried Milk sales surge in China due to the bakery industry growth.
• The Japan Nonfat Dried Milk market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 240.72 million in 2024.
• The India Nonfat Dried Milk market had a market share of USD 209.32 million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. India's nutritional benefits.
• The South Korea Nonfat Dried Milk market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 174.44 million in 2024.
• The Australia Nonfat Dried Milk market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 90.71 million in 2024.
• The South East Asia Nonfat Dried Milk market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 120.36 million in 2024.
• The Rest of Asia Pacific Nonfat Dried Milk market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 123.85 million in 2024.

South America Nonfat Dried Milk Market

According to Cognitive Market Research, the global Nonfat Dried Milk market size was estimated at USD 7584.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 379.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Nonfat Dried Milk market size was valued at USD 162.30 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Nonfat Dried Milk sales flourish in Brazil due to the food fortification.
• Argentina Nonfat Dried Milk market had a market share of USD 63.71 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Argentina's e-commerce growth.
• Colombia Nonfat Dried Milk market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 33.75 million in 2024.
• Peru Nonfat Dried Milk market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 31.10 million in 2024.
• Chile Nonfat Dried Milk market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 27.30 million in 2024.
• The Rest of Latin America Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 61.05 million in 2024.

Middle East and Africa Nonfat Dried Milk Market

According to Cognitive Market Research, the global Nonfat Dried Milk market size was estimated at USD 7584.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 151.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• The GCC Countries Nonfat Dried Milk market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 64.92 million in 2024. Nonfat Dried Milk sales flourish due to the increased production.
• The Egypt Nonfat Dried Milk market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 15.93 million in 2024.
• The South Africa Nonfat Dried Milk market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 23.97 million in 2024. Nonfat Dried Milk sales flourish in South Africa due to the export opportunities.
• The Turkey Nonfat Dried Milk market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 13.04 million in 2024.
• The Nigeria Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 15.93 million in 2024.
• The Rest of MEA Nonfat Dried Milk market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 17.90 million in 2024.

Nonfat Dried Milk Market Analysis

Nonfat Dried Milk Market Variety Segment Analysis

According to Cognitive Market Research, Almond NFDM stands out as the dominating category. Almond-primarily based nonfat dried milk (NFDM) is contributing to the boom of the market due to growing customer hobby in plant-based total options. Almond NFDM offers similar nutritional advantages as dairy-based total NFDM but appeals to the ones seeking lactose-unfastened and vegan options. Its versatility in programs like liquids, cakes, and baking products is increasing its presence within the global market.

Coconut NFDM emerges as the fastest-growing category in the Nonfat Dried Milk market. Coconut-based nonfat dried milk (NFDM) is gaining traction inside the marketplace because of a growing call for dairy alternatives. It appeals to consumers looking for plant-based totally, lactose-loose, and vegan options. Coconut NFDM offers a unique flavor profile and dietary blessings, making it appropriate for a whole lot of programs in beverages, desserts, and culinary recipes, thereby contributing to market growth globally.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Nonfat Dried Milk Industry. Request a Free Sample PDF!

Nonfat Dried Milk Market Type Segment Analysis

According to Cognitive Market Research, the dominating category is Spray Dried. Spray drying technology is riding growth within the nonfat dried milk market with the aid of successfully producing powdered milk with a more desirable shelf balance and solubility. This method preserves the dietary integrity of milk while meeting the call for handy and lengthy-lasting dairy products. Spray nonfat milk is widely used in food manufacturing for its ease of handling and incorporation into diverse recipes.

The fastest-growing category in the Nonfat Dried Milk market is Roller Dries. Roller drying, some other method for producing nonfat dried milk, is also contributing to the marketplace's boom. This approach entails passing a skinny layer of milk over heated rollers to evaporate moisture, resulting in a powdered shape that retains vitamins and flavor. Roller-dried nonfat milk is valued for its distinct texture and suitability in programs ranging from bakery items to nutritional supplements.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Nonfat Dried Milk Classification Segment Analysis

Classification Segment Analysis

According to Cognitive Market Research, the dominating category is High Heat NFDM. High heat nonfat dried milk (NFDM) is expanding its presence inside the market because of its extended shelf existence and more advantageous capability in meal applications. Produced via high-temperature processing, this kind of NFDM continues nutritional integrity at the same time as supplying advanced solubility and taste balance. Its versatility makes it a preferred choice in the food enterprise for numerous dairy-primarily based merchandise and formulations.

The fastest-growing category in the Nonfat Dried Milk market is Medium Heat NFDM. Medium warmth nonfat dried milk (NFDM) is gaining a reputation in the market for its balanced approach between excessive warmth and uncooked milk's nutritional integrity. This processing technique keeps important nutrients while imparting advanced solubility and flavor. Medium heat NFDM reveals applications in various meal products, which include baked items, liquids, and dairy-based totally recipes, catering to consumer calls for convenient and nutritious dairy alternatives.

• High Heat NFDM
• Medium Heat NFDM
• Low Heat NFDM

Nonfat Dried Milk Function Segment Analysis

Function Segment Analysis

According to Cognitive Market Research, the dominating category is Browning or Color. The consideration of browning or color in nonfat dried milk isn't always an extensive component in its market growth. Nonfat dried milk is valued more for its dietary content material, versatility in food applications, and prolonged shelf existence as opposed to its color. Manufacturers recognition on generating superb NFDM that meets client demands for convenience, nutrients, and practical advantages across various food sectors.

The fastest-growing category in the Nonfat Dried Milk market is Emulsification. Emulsification is increasingly essential in the nonfat dried milk market as it complements product capability in food processing. Nonfat dried milk acts as a stabilizer and emulsifier in numerous packages like beverages, baked goods, and sauces, enhancing texture and mouthfeel. This capability makes it a favored factor for manufacturers aiming to meet consumer expectancies for easy and regular product formulations.

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

Nonfat Dried Milk Distribution Channel Segment Analysis

Supermarkets and hypermarkets play a critical role in the increase of the nonfat dried milk marketplace with the aid of presenting a wide range of manufacturers and product types to clients. These retail channels provide convenient admission to nonfat dried milk, catering to the growing demand for nutritious and flexible dairy products. Their giant distribution networks assist in amplifying marketplace attain and purchaser recognition globally.

 

The fastest-growing category in the Nonfat Dried Milk market is Online Stores. Online shops are using boom within the nonfat dried milk market with the aid of imparting convenience and accessibility to a broader patron base. Consumers can effortlessly browse and buy numerous manufacturers and varieties of nonfat dried milk online, which caters to health-conscious people in search of nutritious and shelf-strong dairy alternatives. The online platform enhances marketplace visibility and allows manufacturers to attain new customers efficaciously.

• Supermarket and Hypermarket
• Online Stores
• Others

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

LinkedIn

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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