Market Research Future (Food and Beverages) Whole Milk Powder Market Research Report | Page 3

Whole Milk Powder Market Research Report- Forecast to 2023 2 Market Overview Whole milk powder is a type of dried milk powder made by evaporating moisture content in milk which leaves fine particles of milk solids. Milk and milk products are highly perishable commodities. Milk powder is preserved by removing moisture to the greatest extent possible, which inhibits microbial growth. Shelf life of milk powder is longer than milk due to negligible moisture content. Moreover, milk contains about 80 to 90 percent of moisture, evaporating moisture content in milk reduces its bulk and provides ease of transportation and reduced costs for logistics and supply chain. . Whole milk powder or powdered milk is used as an important manufacturing ingredient in many industries, such as bakery & confectionery; ice cream & desserts; and dietary supplements.. Moreover, growth in focus on benefits of dairy products and growing health awareness will be the major drivers for the growth of the market. Rapid urbanization, and growing need for convenience are some of the major driving factors for the global whole milk powder market. Regional Analysis: The market in North America is expected to hold major share owing to the high productions of milk and presence of key players in the region. Market in Asia-Pacific is expected to show rapid growth owing to ever growing population, and presence of top milk milk produces India and china in the region. Page | 3 Copyright © 2017 Market Research Future.