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Non-Fat Dry Milk Market by Excellent Revenue Growth: HOCHDORF Holding, American Dairy Products Institute, Nestle

10-10-2024 12:59 PM CET | Food & Beverage

Press release from: HTF Market Intelligence Consulting Private Limited

Non-Fat Dry Milk

Non-Fat Dry Milk

According to HTF Market Intelligence, the Global Non-Fat Dry Milk market to witness a CAGR of 3.1% during forecast period of 2023-2028. Global Non-Fat Dry Milk Market Breakdown by Application (Home Reconstitutions, Dairy Whiteners, Bakery and Confectionery, Desserts, Ice-cream, Others) by Type (High-heat, Medium-heat, Low-heat) by Sales Channel (Online, OfFline) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Non-Fat Dry Milk market size is estimated to increase by USD 0.94 Billion at a CAGR of 3.10% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 7.98 Billion.

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Non-fat dry milk (NFDM) is a dairy product obtained by removing the moisture from skim milk, resulting in a powdered form that contains no fat.

Non-Fat Dry Milk market - Key Segment Analysis

The market share growth by the High-heat segment will be significant during the forecast period. The segment is driven by the Health-conscious consumer trends promoting low-fat and high-protein diets.

Non-Fat Dry Milk market - Competition Analysis
The global Non-Fat Dry Milk market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are HOCHDORF Holding Ltd. (Switzerland), The St. Albans Cooperative Creamery (United States), American Dairy Products Institute (United States), Bob's Red Mill Natural Foods (United States), Nestle S.A. (Switzerland), All American Foods, Inc. (United States), Arla Foods (Denmark), DairyAmerica, Inc. (United States), Amul (India), NOW Foods (United States), Earth's Own Food Company Inc. (Canada), The Hain Celestial Group (United States), Others.

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Non-Fat Dry Milk

Market Drivers
• Health-conscious consumer trends promoting low-fat and high-protein diets.

Market Trend
• Growing consumer preference for healthier food options.

Market Opportunities
• Increasing adoption of non-fat dry milk in the bakery and confectionery sector.

Market Restraints
• Fluctuating prices of raw milk affecting production costs.

Market Challenges
• Competition from plant-based milk alternatives.

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What key data is demonstrated in this Non-Fat Dry Milk market report?
• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Non-Fat Dry Milk market between 2023 and 2028
• Precise estimation of the size of the Non-Fat Dry Milk market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behaviour
• Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Non-Fat Dry Milk market players

Get Detailed TOC and Overview of Report @ https://www.htfmarketintelligence.com/report/global-non-fat-dry-milk-market

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making

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