IMARC Group, a leading market research company, has recently released a report titled “North America Whole Milk Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the North America Whole Milk Powder Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the North America Whole Milk Powder Market?

The North America whole milk powder market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.31% during 2023-2028.

What is North America Whole Milk Powder?

Whole milk powder is a dairy product that is made by evaporating and then drying whole milk. The resulting powder has a rich and creamy flavor, and it retains most of the nutrients found in liquid whole milk, including protein, fat, and vitamins. One of the main characteristics of whole milk powder is its long shelf life, which makes it a convenient and practical alternative to fresh milk, especially in situations where refrigeration is not available. The powder is also highly soluble, meaning it can be easily reconstituted with water to create a liquid milk product that is virtually indistinguishable from fresh milk. In addition to its use as a beverage, whole milk powder is also used as an ingredient in a wide range of food products, including baked goods, confectionery, and processed foods. It is also used in the manufacture of infant formula and other nutritional products.

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North America Whole Milk Powder Market Trends:

The growing trend of convenience eating, coupled with an increasingly health-conscious lifestyle, is driving the expansion of the whole milk powder market in North America. In addition to this, technological advancements, such as innovative packaging solutions and improved processing methods, are significantly contributing to market growth. Coupled with this, the proliferation of supermarkets and online retail platforms is also facilitating consumer access to a wide range of whole milk powder products, thereby fueling the market. Besides this, the shift towards organic and non-GMO food products is boosting market growth. Moreover, sustainability initiatives like eco-friendly packaging and responsible sourcing of ingredients are increasingly being adopted, attracting environmentally conscious consumers, thus propelling the market growth. Apart from this, government agencies and independent bodies are also stepping in to set guidelines related to food safety, quality standards, and fair-trade practices, instilling consumer confidence and fostering market integrity across North America.

North America Whole Milk Powder Market Segmentation:

The report has categorized the market based on scope, end-use.

Report Scope:

  • Key Regions Analysed
    • United States
    • Canada
  • Analysis for Each Country
  • Market by End-Use
    • Dairy
    • Infant Formulae
    • Bakery
    • Confectionary
    • Others
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles

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Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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