Organic Milk Powder Market

Organic Milk Powder Market Size Analysis

According to a recent survey conducted by ChemView Consulting, the Global Organic Milk Powder Market grew at a CAGR of 4.6% between 2017-2021 and is estimated to be US$ 1893.6 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.9% and is expected to reach a valuation of US$ 3,055.2 Mn by 2032 end.

The popularity of organic milk among health-conscious consumers, its use in a variety of food products such as yogurt, milk foods, ice creams, and baked goods, and the consequent rise in the number of consumers who favor natural products are all contributing to the market’s expansion.

Market Dynamic

OVERALL INCREASE IN ORGANIC MILK PRODUCTS TO DRIVE MARKET EXPANSION

The demand for food and drink items made from organic sources is expanding rapidly worldwide. This is because most milk producers and consumers are learning about the negative environmental effects of traditional dairy and milk production. Countries all over the world are promoting organic farming methods as a result, which includes dairy products. As a result, the market for organic milk products and organic milk powder is rising.

Pesticides, antibiotics, urea, other solvents, and hormones used on dairy animals to increase milk production may all be present in conventional milk. This can significantly impact a person’s health, but organic milk is free of all these things and is, therefore, of higher quality.

ADDITIONAL COSTS ASSOCIATED WITH ORGANIC FARMING PRACTICES

Processing organic milk costs more than processing conventional milk since using organic farming methods comes with additional expenses. Additionally, raising organic dairy cows comes with other fees that drive up the cost of organic milk, which impacts both the production and sales of organic whole milk powder.

Large-scale production of organic whole milk powder also utilizes pasteurized milk. However, the high price of pasteurized milk due to the labor-intensive process required to pasture raw milk is anticipated to restrain the market’s expansion for organic whole milk powder.

FLAVORED-ENHANCED ORGANIC MILK POWDER IS GAINING POPULARITY

Due to its greater taste and several health advantages, flavor-enhanced organic milk powder is becoming a consumer favorite. In response to the rising demand for organic food items, manufacturers are flavoring their organic milk powder options with flavors like chocolate, strawberry, and blackberry.

Customers largely favor these flavors since they enhance the flavor of oats. Furthermore, a significant factor anticipated to help expand the organic milk powder market over the coming years is consumers’ growing inclination for food products with vibrant flavors.

Covid-19 Impact

Numerous nations’ economies have experienced a decline as a result of the COVID-19 epidemic, and many key industries, notably the food and beverage sector, are seeing a slowdown in activity. Since organic dairy consumption is still in its infancy in some parts of the world, organic milk powder is a growing business in the food and beverage sector.

Market disruptions brought on by the global pandemic’s effects on the supply chain have notably affected the market for organic milk powder. The supply of organic milk from farms has been hampered by a lack of trade activity, which has also involved the final product of organic milk production.

The market for organic milk powder now faces a demand-supply imbalance due to COVID-19. However, the impact can be reduced when lockdowns relax in many European countries.

Market Segments Covered in Report

By Type:

• Skimmed Milk
• Whole Milk
• Buttermilk & Whey

By Sales:

• Direct Sales
• Indirect Sales
• Modern Trade
• Convenience Stores
• Online Retailers
• Others

By End-Use:

• Food
• Dairy
• Bakery
• Confectionery
• Beverages
• Dietary Supplements
• Cosmetics & Personal Care

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why is Whole Milk estimated to account for the largest market share?

Whole milk is less popular among people who are worried about their weight or following a special diet, although many customers regard it as the most natural. Whole milk powder is preferable for people who need a lot of calories because it contains more. It is also employed as a thickening agent in foods that require a thicker consistency.

Which end-use is expected to expand the fastest during the forecast period?

Dietary Supplements are expected to expand the fastest during the forecast period

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.

• North America is the global leader, with a market share of 31.7% for organic milk powder. The main contributing factor in these areas is the high consumption of organic food.
• Europe is one of the leading producers of organic milk powder; most of these producers are in western European nations.

Competition Analysis

It is projected that more milk will be converted into commodities like milk powders due to increased organic milk production. Manufacturers of organic milk powder are spending money on R&D to create new and improved production methods and marketing organic dairy products’ advantages.

By strategically working together, manufacturers may improve production, meet consumer demand, and boost sales of organic milk powder. Due to the development of cutting-edge packaging techniques and technology, consumers may benefit from organic packaging. An effective strategic alliance can increase a company’s capacity for production.

The key development in the Global Organic Milk Powder Market:

• In October 2021, the European firms Leerdammer and Shostka were acquired by the Lactalis Group for €500 million. The Lactalis Group will be able to get support for creating good, high-quality local products as a result of this deal. It will also aid in the expansion of the business.

A list of some of the key suppliers present in the market are:

• Nestlé SA
• Fonterra Co-operative Group
• Organic Valley
• SunOpta, Inc.
• OMSCo
• Arla Foods amba
• HiPP GmbH & Co. Vertrieb KG
• Aurora Foods Dairy Corp.
• Ingredia SA
• Sodiaal Union SCA
• NuManna
• NOW Foods
• Bayerische Milchindustrie eG
• Organic West Milk, Inc.

Report Coverage and Highlights

• Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
• Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
• The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
• Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
• Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
• Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
• Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
• Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
• Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
• Strategic market analysis, recommendations, and future headways on crucial winning strategies.