Organic Milk Products Market will value USD 31.7 billion by 2030
Zion Market Research has published a new report titled “Organic Milk Powder by Type (Whole Milk Powder, Skimmed Milk Powder and others (Buttermilk Powder and Fat-Filled Milk Powder)) and by Application (Food and Beverages, Dietary Supplements, Cosmetics, and Personal Care), Global Industry Perspective, Comprehensive Analysis, and Forecast.
According to the report, the organic milk products market size was valued at USD 0.19 billion in 2022 and is expected to reach USD 0.23 billion by 2030, at a CAGR of 2.7% from 2023 to 2030.
The global organic milk powder market is anticipated to observe significant growth over the years. It is likely to grow at a single-digit CAGR within the forecast period. This uprise is basically due to the inclination of consumers towards healthy living. The numerous health benefits such as strong immune system, cellular growth, and blood clot prevention are mainly because of several nutrients present in it. These health benefits have boosted the sales for the organic milk powder as compared to the conventional milk powder. The other beneficial attributes such as freshness and quality are some other contributing factors for the upsurge of the overall organic milk powder market. Moreover, the changing consumption patterns due to rapid urbanization have also positively affected the organic milk powder market.
The organic milk powder market has been segmented on the basis of product type and application. Based on product type, the organic milk powder market is classified as whole milk powder, skimmed milk powder and others (buttermilk powder and fat-filled milk powder). The removal of water from the pasteurized milk forms whole milk powder while partial removal of fat and water from pasteurized milk forms skimmed milk powder. The whole milk powder segment is anticipated to be the fastest-growing segment in the upcoming years. Based on the application, the organic milk powder market segmented into food and beverages, dietary supplements, cosmetics, and personal care. The consumer inclination towards packaged & processed food has given the food & beverage segment the potential to have the highest CAGR for the upcoming years.
Some key players in operating in the organic milk powder market are -
- Arla Foods amba
- Nestlé
- Dean Foods Company
- Dairy Farmers of America Inc
- Lactalis Group
This report segments the global organic milk powder market as follows:
Global Organic Milk Powder Market: Type Segment Analysis
- Whole Milk Powder
- Skimmed Milk Powder
- Others (Buttermilk Powder and Fat-Filled Milk Powder)
Global Organic Milk Powder Market: End-Use Industry Segment Analysis
- Food and Beverages
- Dietary Supplements
- Cosmetics
- Personal Care
Global Organic Milk Powder Market: Regional Segment Analysis
- North AmericaU.S.
- EuropeUKFranceGermany
- Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- Middle East and Africa
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