Skim Milk Powder Market Overview future challenges & threats for new entrantsPosted by Pradeep Zende on March 26th, 2020 Skimmed milk powder is dehydrated Skimmed milk (fat removed) that is used extensively as a milk replacer. Skimmed milk still contains all the nutrients which contains in the milk. It is white to light cream in colour with a clean dairy flavour. It is manufactured by removing water from pasteurized Skimmed milk. It contains 4% or less moisture and 1.5% or less milk fat. Skimmed Milk Powder is commonly used in the manufacturing of cheeses, frozen desserts, margarine, soups, puddings, cultured products, beverages, recombined milk, dry mixes and confections. According to a recent study report published by the Market Research Future, The global Skim Milk Powder Market Overview is projected to grow at a rapid pace during the forecast period owing to the growing food industry, precisely bakery and confectionery foods. The Market is forecasted to demonstrate a surplus growth by 2023; with a striking CAGR during forecast period 2017-2023. MRFR Secondary data reveals that the Application of Skimmed milk powder in dairy products captures more than 40% market share in application segments and the countries such as China, Venezuela, Algeria, U.A.E. and Oman have ranked as the top five importers of Skimmed milk powder. There is a common belief among the people that the Skimmed Milk is actually more nutrient dense than the other versions of milk and hence it is safe to consume for children and well as adults. Mothers opinionated of breastfeeding prefer skimmed milk powder for their babies. Skimmed milk powder market is in high demand among working women having difficulty in feeding their babies due to their life style or busy work life. Secondly Skimmed milk contains around 147 calories per serving, whereas Skimmed milk contains 91 calories; this factor makes the Skimmed Milk Powder popular among the obsess populace or among the people under the weight reduction programme or diet. The Skimmed Milk Powder offers increased shelf life. Regions with poor transport facilities and extreme weather conditions such as high/low temperature or moist weather conditions demand extra shelf life. Skimmed Milk Powder offers both; lessened storage and transportation cost which is increasing its demand in such regions. Bakers and confectioners use skimmed milk powder in baking recipes to enhance the taste and the texture of their products this factor proves to be another driver for the growth of the skimmed milk powder market. However, Skimmed Milk powder lacks anti-bodies that are primarily necessary for building up an infant’s immunity system this factor may impede the market growth of Skimmed Milk Powder. Also, the formulation of stringent regulations of Skimmed Milk Powder in China and many countries coupled with globally declining prices of dairy products may act as a challenge to the manufacturers, thereby impeding the growth of the global market of Skimmed Milk Powder. Additionally, the growing concerns for ultra-high temperature (UHT) milk are anticipated to restrict the market growth of Skimmed Milk Powder. Skimmed Milk Powder Global Market – Segments The Skimmed Milk Powder Market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
Access Report Details @ https://www.marketresearchfuture.com/reports/skim-milk-powder-market-2298 Nestle (Switzerland), Alpen Dairies (Netherland), Miraka (New Zealand), Fonterra (New Zealand), Lactoland (Germany), Amul (India), Nova Dairy products (India) and Synlait milk ltd (New Zealand) are some of the prominent players at the forefront of competition in the Skimmed Milk Powder Global Market and are profiled in MRFR Analysis. Like it? Share it! More by this author |