North America Milk Powder Market Report by Product Type (Whole Milk Powder, Skimmed Milk Powder), Function (Emulsification, Foaming, Flavoring, Thickening), Application (Infant Formula, Confectionery, Sports and Nutrition Foods, Bakery Products, and Others), and Country 2024-2032

North America Milk Powder Market Report by Product Type (Whole Milk Powder, Skimmed Milk Powder), Function (Emulsification, Foaming, Flavoring, Thickening), Application (Infant Formula, Confectionery, Sports and Nutrition Foods, Bakery Products, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1811
Buy Now

Market Overview:

The North America milk powder market is expected to exhibit a growth rate (CAGR) of 4.66% during 2024-2032.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate (2024-2032) 4.66%


Milk powder is produced by dehydrating the moisture from the pasteurized milk through evaporation or spray drying process. This conversion assists in increasing its shelf life, thereby enabling it to be stored for an extended period without spoilage. As a result, milk powder finds application in the food industry for preparing various bakery and confectionery items.

North America milk powder market is currently being driven by several factors. Milk powder has distinctive whipping, thickening and gelling properties. Owing to this, it is utilized in the preparation of desserts such as mousses, cakes, marshmallows and ice creams. In line with this, powdered milk acts as a good source of magnesium, calcium, zinc, potassium and vitamins A, D, E and K. On account of this, it is also used as a key ingredient in drinks, shakes, puddings and gravies. Moreover, powdered milk is easily portable as compared to liquid milk, thus inducing the demand in the region. Apart from this, the rising awareness among consumers about the distinctive nutritional benefits of milk powder has also fueled the market growth.

IMARC Group’s latest report provides a deep insight into the North America milk powder market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America milk powder market in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America milk powder market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product type, function and application.

  • Key Regions Analysed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Product Type
    • Whole Milk Powder
    • Skimmed Milk Powder
       
  • Market by Function
    • Emulsification
    • Foaming
    • Flavoring
    • Thickening
       
  • Market by Application
    • Infant Formula
    • Confectionery
    • Sports and Nutrition Foods
    • Bakery Products
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles


Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product Type, Function, Application, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

We expect the North America milk powder market to exhibit a CAGR of 4.66% during 2024-2032.

The rising consumer preference towards milk powder as an alternative for fresh milk in a wide range of food preparation, as it is convenient to use and has a longer shelf, is primarily driving the North America milk powder market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of milk powder across several North American nations.

Based on the product type, the North America milk powder market can be segmented into whole milk powder and skimmed milk powder. Currently, whole milk powder holds the majority of the total market share.

Based on the function, the North America milk powder market has been divided into emulsification, foaming, flavoring, and thickening. Among these, emulsification currently exhibits a clear dominance in the market.

Based on the application, the North America milk powder market can be categorized into infant formula, confectionery, sports and nutrition foods, bakery products, and others. Currently, infant formula accounts for the largest market share.

On a regional level, the market has been classified into United States and Canada, where United States currently dominates the North America milk powder market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
North America Milk Powder Market Report by Product Type (Whole Milk Powder, Skimmed Milk Powder), Function (Emulsification, Foaming, Flavoring, Thickening), Application (Infant Formula, Confectionery, Sports and Nutrition Foods, Bakery Products, and Others), and Country 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More