The world’s total milk production was estimated to be about 765 million tons in 2013. Dairy whiteners, alternatively known as milk powder, are extensively used as a substitute for milk, largely in tea and coffee.
They are also used in other food products such as hot chocolate, puddings, soups, and sauces. Besides whitening, dairy whiteners also add mouth feel, body and flavour to the beverages they are added to and, thereby, improve the overall taste.
They come in fluid, powder or condensed forms and can widely differ in their fat and sugar content.
View Full Report @ www.marketdataforecast.com/market-…ener-market-3193/
Whole milk powder (WMP) and skim milk powder (SMP) available in the market account for nearly 50% share of dairy products and dairy whiteners worldwide. Dairy whiteners are products with fat content greater than that of SMP and lesser than WMP.
The Global market size for the dairy whiteners was around USD 11.5 billion in 2016. It is expected to grow at a CAGR of 5.89% to reach USD 14.91 billion by 2021.
Download Free Sample Report @ www.marketdataforecast.com/market-…93/request-sample
The milk powder comes in various categories containing high protein value, degenerate milk-fat and lessened lactose content that perform the function of an emulsifier. Effectiveness of this market includes that of flavour, with 61% of coffee drinkers finding flavour to be the most important factor in choosing their whitener.
This is being seen as an alternative for specialty coffee. Various other properties include solubility, and foaming properties, thus improving the water binding properties in bakery foods, sports and nutrition foods.
Inquire about report @ www.marketdataforecast.com/market-…rket-3193/inquire
Population growth, rising disposable incomes, urbanisation rates, ease of use and storage, hectic lifestyle, changing dietary habits are some of the factors that are driving the growth of this market. As compared to milk, dairy whiteners offer certain benefits such as convenience, portability, and longer shelf-life, which fuel the global dairy whiteners market.
In addition, the growing industry for infant formula is likely to offer a great opportunity for growth of the global dairy whiteners market during the forecast period. Dairy whiteners are widely used in the manufacture of infant formula.
Factors such as increase in birth rates and decrease in mortality rates, which result in growth in the infant population around the world, are projected to propel the global dairy whiteners market. Further, demand from increasing number of working women for convenience foods, consumer awareness about functional foods, growing demand for milk products with increasing population & urbanization in developing countries are some of the major drivers for the dairy whiteners industry.
The tariff rates on exports, effect of high imports on domestic production, growing population in developing countries will impact positively the demand for dairy whiteners. Also, the cost advantage that the emerging economies like Brazil, India and China provide in terms of processing and production, will help these markets to grow exponentially.
Low preference of some patrons to dairy whiteners over conventional milk and milk products, due to rising awareness about health, may hamper the growth of the dairy whiteners market. The health-conscious consumer of the western countries with awareness on ultra-high temperature techniques reducing the protein content of milk may pose a hurdle for the milk powder market and, in turn, for the milk whitener category.
Specifically, many research studies have found that whiteners have substitute ingredients which unnecessarily increase cholesterol and these reports are gaining traction in the market dampening the growth of the market.
- Infant formula
- Nutritional foods
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
- Convenience stores
- supermarkets and hypermarkets
- Food and drinks specialists
- Y-o-Y Growth Analysis, By Distribution channels
- Market Attractiveness Analysis, By Distribution channels
- Market Share Analysis, By Distribution channels
- Y-o-Y Growth Analysis, By Functions
- Market Attractiveness Analysis, By Functions
- Market Share Analysis, By Functions
In the emerging economies of Asia, the largest application sector for milk powders and milk whiteners is the infant food market, which is presently a USD 55 billion market growing at 7.22% annually. Indonesia and India, with their largest youth population is a huge potential market for the dairy whitener industry.
Also, Japan’s demand for specific milk proteins and high female labour participation are also driving the milk powders industries towards technological advancements in this segment.
On the basis of geography, the global dairy whiteners market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific constitutes the leading market share, closely followed by North America.
Various factors such as steadily rising population, rapid urbanization, and presence of substantial amount of tea drinkers, especially in countries such as China and India, lead to growth of the dairy whiteners market in Asia Pacific. North America holds the second-largest share in the global dairy whiteners market.
This is primarily due to large population of coffee drinkers in the region. Although the U.S. is the second-largest producer of milk in the world, the demand for milk and dairy whiteners in the country is higher than their supply.
The dairy whiteners market has both domestic and foreign players. In order to remain competitive in the market, companies are investing great amounts of their revenue into R&D activities.
This is due to the fluid as well as competitive nature of the market. One of such innovations is the introduction of flavours in dairy whiteners.
Flavours such as chocolate and strawberry have gained traction since their launch, which took place a few years ago. Some of the major players operating in the global dairy whiteners market include Nestlé, Fonterra, Danone, Friesland Campina, Amul, and Lactalis.
Other notable companies are Arla Foods, Dean Foods, Muller, Dairy Farmers of America, Schreiber Foods, Mother Dairy, Sodiaal, Land O’ Lakes, Mengniu, Morinaga Milk Industry, Saputo, Yili Group, and Kraft Heinz. In India, ITC has stepped into the dairy whitener market with its Sunfresh brand, its second offering in dairy business, after it opened its innings in this space last October with packaged ghee.
With this, the Kolkata-based company intensified its rivalry with Nestle and Amul, the two largest companies in the dairy whitener segment, which together account for more than 85% of the market.
Category: Market Research Publishers and RetailersCompany about: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...
For more information:Make an Inquiry about this report HERE!