Milk powder packaging market is anticipated to grow at a CAGR of around 4% and is set to witness steady growth during the forecast period 2021-2031. One of the major growth drivers for the milk powder packaging market happens to be the increase in revenue owing to the proper marketing and safety of the product.
Stable and attractive packaging can increase the value of milk powder to consumers by providing a sense of taste, nutrition, hygiene, and security. Packaging, by augmenting the value of the milk powder, helps in effectively promoting the ultimate sale of milk powder.
What is Driving Demand for Milk Powder Packaging?
As the trend of powdered foods continue to make inroads in different regions across the globe, the demand for milk powder packaging has observed steady growth. The growing demand for milk powder is projected to have a direct impact on the global milk powder packaging demand.
Proper packaging of milk powder is crucial procedure since it affects the safety, marketing, and quality of the product. Milk powder is susceptible to lipid oxidation owing to its fat content and hygroscopicity, and hence must be packaged in order to avoid contact with oxygen, light, contaminants, and moisture.
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Flexible Pouches Segment is Expected to Hold the Largest Share of the Milk Powder Packaging Market by Type
On the basis of type, the sensor market has been bifurcated in to tins, flexible pouches, and others. Out of which, flexible pouches segment is anticipated to hold the larger share of the global market. Flexible pouches made of plastic film laminates or aluminum foil, are slowly and gradually replacing the tin cans.
This is owing to the fact that flexible packages aid in reducing the manufacturing and transportation costs. Moreover, as the packaging requires less material, they even help in minimizing the post-consumer waste. Hence, the flexible pouches segment is projected to continue its dominance over the forecast period.
US and Canada Milk Powder Packaging Demand Outlook
U.S. happens to be one of the largest markets for milk powder packaging across the globe. The growth in U.S. is attributed to the presence of established players coupled with changing consumer preferences towards powdered foods owing to the nutrition content being offered.
Moreover, the higher content of minerals and moisture in milk makes it very challenging for vendors to store it for a long period of time. This happens to be one of the major reasons driving the demand for milk powder, thereby driving the growth of milk powder packaging market.
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Europe Demand Outlook for Milk Powder Packaging
In Europe, there has been a shift in consumer preferences towards powdered food products, owing to its abundant benefits is predominantly anticipated to boost the demand for milk powder packing in the region. Substantial rise in the convenience stores, supermarkets, hypermarkets, and specialty stores in the region is another major factor driving the growth of milk powder packing market.
Moreover, surge in disposable income of consumers combined with the changing lifestyles is further anticipated to drive the growth of the retail sector in the region, thereby driving the growth of milk powder packing packaging market.
Who are the Key Manufacturers and Suppliers of Milk Powder Packaging?
Some of the leading providers of milk powder packaging include
With extensive research and development, the companies in the market are coming up with different and advanced solutions and technologies for packaging of milk powders. For instance, Arodo offers packaging of milk powder with the help of AROVAC vacuum technology.
The resulting packaging happens to offer more efficient production, compact bags, and stable stacked pallets that can be weighed with extreme accuracy. Furthermore, there is no need for more openings in the bags in order to allow excess air to escape. Products, such as milk powder, have a longer shelf life. Also, the company’s technology has an affirmative influence on the color, smell, and taste of milk powder, thereby making it an ideal choice for packaging.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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