Global Adult Milk Powder Market Growth 2023-2029
Adult milk powder is mainly marketed for providing nutrition, such as necessary vitamins and minerals, for the adult group.
LPI (LP Information)' newest research report, the “Adult Milk Powder Industry Forecast” looks at past sales and reviews total world Adult Milk Powder sales in 2022, providing a comprehensive analysis by region and market sector of projected Adult Milk Powder sales for 2023 through 2029. With Adult Milk Powder sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Adult Milk Powder industry.
This Insight Report provides a comprehensive analysis of the global Adult Milk Powder landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Adult Milk Powder portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Adult Milk Powder market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Adult Milk Powder and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Adult Milk Powder.
The global Adult Milk Powder market size is projected to grow from US$ 4369.8 million in 2022 to US$ 5569.8 million in 2029; it is expected to grow at a CAGR of 5569.8 from 2023 to 2029.
Global Adult Milk Powder key players include Abbott, Nestle, Anlene, Murray Goulburn, Régilait, etc. Global top five manufacturers hold a share about 70%. Europe is the largest market, with a share about 30%, followed by USA, with a share about 20 percent. In terms of product, SMP is the largest segment, with a share about 55%. And in terms of application, the largest application is Age 35-55, followed by Age Above 55, Age 18-35.
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.
Market Segmentation:
Segmentation by type
Whole Milk Powder
Skim Milk Powder
Segmentation by application
Age 18-35
Age 35-55
Age Above 55
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Adult Milk Powder market?
What factors are driving Adult Milk Powder market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Adult Milk Powder market opportunities vary by end market size?
How does Adult Milk Powder break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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