Los Angeles, CA -- (SBWIRE) -- 05/06/2019 -- Adult milk powder is mainly marketed for providing nutrition, such as necessary vitamins and minerals, for the adult group.
Adult milk powder, targeted at the adult, provides the nutrition supplement for the group. Global leading milk powder manufacturers are actively expanding their adult milk powder business. Some leaders, like Abbott, Nestle, commonly launch specific brand for specific region.
The global Adult Milk Powder market was 3890 million US$ in 2018 and is expected to 5080 million US$ by the end of 2025, growing at a CAGR of 3.4% between 2019 and 2025.
Consumption of adult milk powder mainly concentrates in Europe. In 2016, the consumption volume of adult milk powder in the region reached 104385 MT, holding 28.53% market share globally. The second consumer is USA, with 18.42% share. Global consumption of Adult milk powder increased from 306127 MT in 2012 to 365880 MT in 2016 with the CAGR of 4.56%.
As for adult milk powder suppliers, each supplier owns their key sales regions. Abbott places USA as their first sales place, while many suppliers from Australia and New Zealand take China as their key market. Adult milk powder suppliers should play attention on the local region consumption characteristic and provides appropriate products to consumers.
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Adult milk powders offer people in various life stages with different nutritional requirements. With the improvement of life quality, more and more people lay emphasis on their health and nutrition, stimulating the demand of dairy products.
This report studies the Adult Milk Powder market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Adult Milk Powder in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Abbott
Nestle
Anlene
Murray Goulburn
Régilait
Yili
Fasska
Yashily
Vreugdenhil Dairy
Anchor
GMP
Feihe
Tatura
Ausino Products
Wondersun
Able Food Sdn Bhd
Mengniu
Anmum™ Malaysia
By the product type, the market is primarily split into
Whole Milk Powder
Skim Milk Powder
By the end users/application, this report covers the following segments
Age 18-35
Age 35-55
Age >55
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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