1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 16
1.1.1 GLOBAL WHOLE MILK POWDER MARKET, BY DRYING METHOD 17
1.1.2 GLOBAL WHOLE MILK POWDER MARKET, BY CATEGORY 18
1.1.3 GLOBAL WHOLE MILK POWDER MARKET, BY APPLICATION 19
1.1.4 GLOBAL WHOLE MILK POWDER MARKET, BY REGION 20
2 MARKET INTRODUCTION
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 RESEARCH OBJECTIVE 21
2.4 MARKET STRUCTURE 22
2.5 KEY BUYING CRITERIA 22
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 23
3.2 PRIMARY RESEARCH 24
3.3 SECONDARY RESEARCH 25
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 27
3.6 LIST OF ASSUMPTIONS 28
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION 31
5.2 DRIVERS 32
5.2.1 WIDE APPLICATION SCOPE 32
5.2.2 INCREASING CONSUMPTION OF CHOCOLATE 32
5.2.3 DRIVERS IMPACT ANALYSIS 33
5.3 RESTRAINTS 33
5.3.1 INCREASING LACTOSE INTOLERANCE 33
5.3.2 FLUCTUATING RAW MATERIAL PRICES 33
5.3.3 RESTRAINTS IMPACT ANALYSIS 34
5.4 OPPORTUNITIES 35
5.4.1 NEW REVENUE POCKETS IN EMERGING ECONOMIES 35
5.4.2 RISING DEMAND FOR ORGANIC FOOD PRODUCTS 35
6 MARKET FACTOR ANALYSIS
6.1 VALUE CHAIN ANALYSIS 36
6.1.1 RAW MATERIAL PROCUREMENT 37
6.1.2 PROCESSING 37
6.1.3 PACKAGING 37
6.2 SUPPLY CHAIN ANALYSIS 38
6.3 PORTERโS FIVE FORCES MODEL 39
6.3.1 THREAT OF NEW ENTRANTS 40
6.3.2 BARGAINING POWER OF SUPPLIERS 40
6.3.3 BARGAINING POWER OF BUYERS 40
6.3.4 THREAT OF SUBSTITUTES 40
6.3.5 INTENSITY OF RIVALRY 40
6.4 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL WHOLE MILK POWDER MARKET 41
6.4.1 PRICING VARIATION OF WHOLE MILK POWDER FROM JANUARY 2022 41
6.4.2 IMPACT ON SUPPLY CHAIN 42
6.4.3 CHANGE IN MARKET GROWTH 42
6.4.4 EFFECT ON THE APPLICATION AREAS 42
6.4.5 COUNTRY WISE COVID-19 CASES AND DEATHS 43
7 WHOLE MILK POWDER MARKET, BY DRYING METHOD
7.1 OVERVIEW 44
7.1.1 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY DRYING METHOD, 2023โ2032 45
7.2 SPRAY DRYING 45
7.2.1 SPRAY DRYING: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 45
7.3 FREEZE DRYING 46
7.3.1 FREEZE DRYING: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 46
7.4 OTHERS 46
7.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 47
8 WHOLE MILK POWDER MARKET, BY CATEGORY
8.1 OVERVIEW 48
8.1.1 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY CATEGORY, 2023โ2032 49
8.2 CONVENTIONAL 49
8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 49
8.3 ORGANIC 50
8.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 50
9 WHOLE MILK POWDER MARKET, BY APPLICATION
9.1 OVERVIEW 51
9.1.1 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2023โ2032 52
9.2 BAKERY & CONFECTIONERY 52
9.2.1 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 53
9.3 DAIRY & FROZEN DESSERTS 53
9.3.1 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 53
9.4 SWEET & SAVORY SNACKS 54
9.4.1 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 54
9.5 INFANT NUTRITION 54
9.5.1 INFANT NUTRITION: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 55
9.6 RTE & RTC MEALS 55
9.6.1 RTE & RTC MEALS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 55
9.7 BEVERAGES 56
9.7.1 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 56
9.8 OTHERS 56
9.8.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 57
10 GLOBAL WHOLE MILK POWDER MARKET, BY REGION
10.1 OVERVIEW 58
10.2 NORTH AMERICA 60
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.2.1 US 62
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.2.2 CANADA 64
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.2.3 MEXICO 65
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3 EUROPE 67
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3.1 GERMANY 69
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3.2 UK 71
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3.3 FRANCE 72
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3.4 SPAIN 74
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3.5 ITALY 75
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.3.6 REST OF EUROPE 77
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.4 ASIA-PACIFIC 78
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.4.1 CHINA 81
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.4.2 JAPAN 83
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.4.3 INDIA 84
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.4.4 AUSTRALIA & NEW ZEALAND 86
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.4.5 REST OF ASIA-PACIFIC 87
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.5 REST OF THE WORLD 89
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.5.1 SOUTH AMERICA 91
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.5.2 MIDDLE EAST 93
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
10.5.3 AFRICA 94
WHOLE MILK POWDER MARKET, BY DRYING METHOD
WHOLE MILK POWDER MARKET, BY CATEGORY
WHOLE MILK POWDER MARKET, BY APPLICATION
11 COMPETITIVE OVERVIEW
11.1 INTRODUCTION 96
11.1.1 MARKET STRATEGY ANALYSIS 96
11.2 COMPETITIVE BENCHMARKING 97
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 98
11.3.1 ACQUISITION 98
11.3.2 EXPANSIONS 98
11.3.3 AGREEMENT 98
11.3.4 INVESTMENT 98
12 COMPANY PROFILES
12.1 FONTERRA CO-OPERATIVE GROUP LIMITED 99
12.1.1 COMPANY OVERVIEW 99
12.1.2 FINANCIAL OVERVIEW 100
12.1.3 PRODUCTS OFFERED 100
12.1.4 KEY DEVELOPMENTS 101
12.1.5 SWOT ANALYSIS 101
12.1.6 KEY STRATEGIES 101
12.2 ARLA FOODS AMBA 102
12.2.1 COMPANY OVERVIEW 102
12.2.2 FINANCIAL OVERVIEW 103
12.2.3 PRODUCTS OFFERED 103
12.2.4 KEY DEVELOPMENTS 104
12.2.5 SWOT ANALYSIS 104
12.2.6 KEY STRATEGIES 104
12.3 GLANBIA PLC 105
12.3.1 COMPANY OVERVIEW 105
12.3.2 FINANCIAL OVERVIEW 106
12.3.3 PRODUCTS OFFERED 106
12.3.4 KEY DEVELOPMENTS 107
12.3.5 SWOT ANALYSIS 107
12.3.6 KEY STRATEGIES 107
12.4 AGROPUR 108
12.4.1 COMPANY OVERVIEW 108
12.4.2 FINANCIAL OVERVIEW 108
12.4.3 PRODUCTS OFFERED 108
12.4.4 KEY DEVELOPMENTS 109
12.4.5 SWOT ANALYSIS 109
12.4.6 KEY STRATEGIES 109
12.5 LACTALIS GROUP 110
12.5.1 COMPANY OVERVIEW 110
12.5.2 FINANCIAL OVERVIEW 110
12.5.3 PRODUCTS OFFERED 110
12.5.4 KEY DEVELOPMENTS 110
12.5.5 SWOT ANALYSIS 111
12.5.6 KEY STRATEGIES 111
12.6 WESTLAND MILK PRODUCTS 112
12.6.1 COMPANY OVERVIEW 112
12.6.2 FINANCIAL OVERVIEW 112
12.6.3 PRODUCTS OFFERED 113
12.6.4 KEY DEVELOPMENTS 113
12.6.5 KEY STRATEGIES 113
12.7 DAIRY FARMERS OF AMERICA, INC. 114
12.7.1 COMPANY OVERVIEW 114
12.7.2 FINANCIAL OVERVIEW 114
12.7.3 PRODUCTS OFFERED 114
12.7.4 KEY DEVELOPMENTS 114
12.7.5 KEY STRATEGIES 114
12.8 CARBERY GROUP LTD. 115
12.8.1 COMPANY OVERVIEW 115
12.8.2 FINANCIAL OVERVIEW 115
12.8.3 PRODUCTS OFFERED 115
12.8.4 KEY DEVELOPMENTS 116
12.8.5 KEY STRATEGIES 116
12.9 CALIFORNIA DAIRIES, INC. 117
12.9.1 COMPANY OVERVIEW 117
12.9.2 FINANCIAL OVERVIEW 117
12.9.3 PRODUCTS OFFERED 117
12.9.4 KEY DEVELOPMENTS 117
12.9.5 KEY STRATEGIES 117
12.10 MAPLE ISLAND INC. 118
12.10.1 COMPANY OVERVIEW 118
12.10.2 FINANCIAL OVERVIEW 118
12.10.3 PRODUCTS OFFERED 118
12.10.4 KEY DEVELOPMENTS 118
12.10.5 KEY STRATEGIES 118
13 REFERENCES
14 LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 24
TABLE 2 LIST OF ASSUMPTIONS 28
TABLE 3 COUNTRY WISE COVID-19 CASES AND DEATHS 43
TABLE 4 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY DRYING METHOD, 2023โ2032 (USD MILLION) 45
TABLE 5 SPRAY DRYING: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 45
TABLE 6 FREEZE DRYING: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 46
TABLE 7 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 47
TABLE 8 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY CATEGORY, 2023โ2032 (USD MILLION) 49
TABLE 9 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 49
TABLE 10 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 50
TABLE 11 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY APPLICATION, 2023โ2032 (USD MILLION) 52
TABLE 12 BAKERY & CONFECTIONERY: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 53
TABLE 13 DAIRY & FROZEN DESSERTS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 53
TABLE 14 SWEET & SAVORY SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 54
TABLE 15 INFANT NUTRITION: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 55
TABLE 16 RTE & RTC MEALS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 55
TABLE 17 BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 56
TABLE 18 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 57
TABLE 19 GLOBAL WHOLE MILK POWDER MARKET ESTIMATES & FORECAST, BY REGION, 2023โ2032 (USD MILLION) 59
TABLE 20 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023โ2032 (USD MILLION) 60
TABLE 21 NORTH AMERICA: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 61
TABLE 22 NORTH AMERICA: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 61
TABLE 23 NORTH AMERICA: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 62
TABLE 24 US: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 62
TABLE 25 US: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 63
TABLE 26 US: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 63
TABLE 27 CANADA: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 64
TABLE 28 CANADA: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 64
TABLE 29 CANADA: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 65
TABLE 30 MEXICO: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 65
TABLE 31 MEXICO: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 66
TABLE 32 MEXICO: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 66
TABLE 33 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023โ2032 (USD MILLION) 67
TABLE 34 EUROPE: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 68
TABLE 35 EUROPE: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 68
TABLE 36 EUROPE: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 69
TABLE 37 GERMANY: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 69
TABLE 38 GERMANY: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 70
TABLE 39 GERMANY: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 70
TABLE 40 UK: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 71
TABLE 41 UK: WHOLE MILK POWDER MARKET, BY CATEGORY, 2023โ2032 (USD MILLION) 71
TABLE 42 UK: WHOLE MILK POWDER MARKET, BY APPLICATION, 2023โ2032 (USD MILLION) 72
TABLE 43 FRANCE: WHOLE MILK POWDER MARKET, BY DRYING METHOD, 2023โ2032 (USD MILLION) 72