The Global Nonfat Milk Powder Market is forecast to reach USD 12.88 Billion by 2027, according to a new report by Reports and Data. Nonfat milk powder or nonfat dry milk (NDM) is quite similar to skimmed milk powder (SMP) that contains a lower calorie and extremely lower fat (approximately 1.5% or less by weight). The continuous expansion of the healthy confectioneries and bakery items & many dairy-based products and high demand for low-fat or low-caloric powder milks are expected to drive the growth of the nonfat milk market.
This market intelligence report includes a comprehensive evaluation of the market, discussing the value, volume, size, share, growth rate, key trends, demand & supply ratio, gross revenue, competitive landscape, regional analysis, manufacturers, product types, and end-user applications to give a 360° overview of the global Nonfat Milk Powder industry. The study provides key information pertaining to the different elements that are propelling or restraining the growth of the sector. It draws accurate forecasts to estimate the prospective growth of the overall business.
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Key participants include Nestle S.A., Bob’s Red Mill, Hochdorf Holding AG, Amul, Mayfield Dairy Farms, Inc., Unilever, DairyAmerica, Inc., All American Foods, Inc., The St. Albans Cooperative Creamery, Inc., Dairy Farmers of America Inc., among others.
Further key findings from the report suggest:
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Applications Outlook (Revenue: USD Billion; 2016-2027)
Form Factor Outlook (Revenue: USD Billion; 2016-2027)
Processing Treatment Outlook (Revenue: USD Billion; 2016-2027)
Distribution Channel Outlook (Revenue: USD Billion; 2016-2027)
Regional Outlook (Revenue: USD Billion; 2016-2027)
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Objective of Studies:
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