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.
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.
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.
According to this study, over the next five years the Adult Milk Powder market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 4740 million by 2024, from US$ 3890 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Adult Milk Powder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Adult Milk Powder market by product type, application, key manufacturers and key regions and countries.
This study considers the Adult Milk Powder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Whole Milk Powder
Skim Milk Powder
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Age 18-35
Age 35-55
Age >55
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Adult Milk Powder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Adult Milk Powder market by identifying its various subsegments.
Focuses on the key global Adult Milk Powder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Adult Milk Powder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Adult Milk Powder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Adult Milk Powder . Industry analysis & Market Report on Adult Milk Powder is a syndicated market report, published as Global Adult Milk Powder Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Adult Milk Powder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.