The market for milk powder in Germany is anticipated to grow rapidly during the forecast period due to the increasing demand for healthy and nutritious food coupled with the rise in population and rising health consciousness among the people of Germany. Several types of milk powder, including Whole Milk Powder, Skimmed Milk Powder, Dairy Whitener, Buttermilk Powder, Fat Filled Milk Powder, and Other Milk Powders are available in the Germany market and its usage is increasing due to its various industrial and nutritional benefits.
The increase in disposable income of the people of Germany and the rising trend of health-consciousness among them are some of the major factors driving the market for milk powder in Germany. Furthermore, the growing demand from the food & beverage and pharmaceutical industry is one of the primary factors fueling the growth of the Germany milk powder market. Growing awareness of the health benefits of milk powder, such as improving immunity and gut health, is also expected to drive the growth of the market. High price of milk powder compared to other dairy products, such as yogurt and milk, is expected to hamper the demand for milk powder, thereby, limiting the growth of the Germany milk powder market. Furthermore, potential restrictions and bans on some milk powder products due to their potential health risks may have an adverse effect on the market growth. The health benefits associated with milk powder, such as improving bone health and immunity power, are likely to create numerous opportunities for milk powder manufacturers in Germany. The growing trend of vegetarianism is anticipated to provide significant opportunities for the growth of the Germany milk powder market. Furthermore, the increasing demand for organic milk powder, particularly from the European countries, is expected to create promising opportunities for the market.
The threat of new entrants in the Germany milk powder market is relatively low due to the presence of established players and high initial capital investment required to enter the market. The low threat of substitutes from other dairy products is expected to drive the demand for milk powder. Medium bargaining power of buyers is expected to increase the demand for milk powder. Low bargaining power of suppliers and the presence of multiple suppliers is anticipated to augment the growth of the market. The high competitive rivalry among the major players in the Germany milk powder market is expected to have a positive impact on the market. The growing demand for milk powder in infant formulas and nutritional foods is likely to drive the market growth. A rise in the number of health-conscious consumers and growing awareness about the health benefits of milk powder are expected to increase the demand for milk powder in Germany. Furthermore, the demand for organic milk powder, particularly in European countries, is projected to drive the market growth.
Farmers and company personnel were affected by the COVID-19 pandemic because it was difficult to conduct business operations due to the government's strict lockdown regulations. The pandemic increased uncertainty and volatility for dairy producers by causing production to be disrupted due to a lack of resources for producing different types of milk powder. Due to price fluctuations brought on by the market's restricted supply of milk, the final product's overall cost was higher than the average market price. While farmers attempted to raise output volume to fulfill demand from dairy corporations which resulted in the deterioration of the quality of the final product. Distribution of goods around the world has been regularly interrupted by the rise in transportation costs.
The milk powder market is segmented into type, application, and region. By type, the market is classified into whole milk powder, skimmed milk powder, dairy whitener, buttermilk powder, fat filled milk powder, and others. By application, the market is divided into nutritional food, infant formula, confectionery, baked sweets, savories, and others.
Based on type, the Whole Milk Powder segment is expected to hold the largest market share in the Germany market during the forecast period due to its high nutritional content, which helps to maintain the health of the body. On the other hand, the Skimmed Milk Powder segment is anticipated to witness the highest growth rate during the forecast period due to its low-fat content and its health benefits.
Based on applications, the Infant Formula segment is likely to be the largest due to the growing number of infants and increasing awareness of health benefits associated with the use of milk powder in infant formulas. On the other hand, the Nutritional Food segment is anticipated to witness the highest growth rate due to the increasing demand for healthy and nutritious food. The market for milk powder in Germany is expected to witness considerable growth in the Southern region, due to the presence of a large number of organized and unorganized retailers in the region. Furthermore, the presence of a large number of food & beverage industry players, primarily in the Western part of Germany, is expected to provide numerous growth opportunities for the Germany milk powder market.
The major players operating in the Germany milk powder market are focusing on product launches and mergers & acquisitions in order to expand their product portfolio and strengthen their market presence. For instance, Nestle recently acquired a leading French baby food company, Lactalis. The key market players included in this report are Nestle, Deutsches Milchkontor GmbH, Kölln Mühlen GmbH, Südmilch eG, Dr. Oetker, Lactalis Deutschland GmbH, Landliebe GmbH, Meggle Milchprodukte GmbH, Lörrach Milch GmbH, Milram GmbH
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in Germany milk powder market.
- Assess and rank the top factors that are expected to affect the growth of Germany milk powder market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Germany milk powder market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Germany Milk Powder Market Report Highlights
| Aspects | Details |
 Forecast period | 2021 - 2031 |
 Report Pages | 75 |
 By Type |
|
 By Application |
|
 Key Market Players | Dr. Oetker, Nestle, Lactalis Deutschland GmbH, Südmilch eG, Milram GmbH, Landliebe GmbH, Kölln Mühlen GmbH, Meggle Milchprodukte GmbH, Lörrach Milch GmbH, Deutsches Milchkontor GmbH |
The Germany Milk Powder Market is projected to grow at a CAGR of 3.7% from 2021 to 2031
Arla Foods amba, Fonterra Co-operative Group Limited, Nestle S.A., Saputo Inc., Schreiber Foods Inc., The Kraft Heinz Company, Groupe Lactalis, Dairy Farmers of America, Inc., Danone S.A, and Royal FrieslandCampina N.V. are the leading players in Germany Milk Powder Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in germany milk powder market.
3. Assess and rank the top factors that are expected to affect the growth of germany milk powder market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the germany milk powder market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Germany Milk Powder Market is classified as by type, by application
Loading Table Of Content...
Loading Research Methodology...
