Non Fat Dry Milk Market

Introduction

Utilisation of nonfat dry milk powder as an alternative to whey protein can be a driving factor among the health conscious population. Production in various flavours such as pineapple, banana, orange, mango, etc., is customising it for every taste bud. As non-fat dry milk is easy in handling for transportation and storage over liquid milk is anticipated to fuel the market growth. Growing incidences of people choosing the healthy lifestyle with lea intake of sugar and fats is another factor for driving the market growth. Some of the recent developments and innovations in the sector are mentioned below.

Organic Valley, a farmer owned dairy co-operative and organic food brand has produced a fat free variety of milk to its grass fed product line. The new fat free glass milk has been launched and supply has been started from January this year. As per the rising demand for non-fat 100% grass fed milk, the company’s line up for grass milk product has grown even further. The company is at the forefront of technologies such as installing robotics milkers, etc.

In November 2020, SunOpta struck a deal for selling its Tradin global ingredients business to Amsterdam based global commodity trading co Amsterdam Commodities N.V. The transaction is made to strengthen SunOpta as a highly growing plant based company focussed on providing value added products. The company has signed a long term supply agreement with Acomo for continuing the supply of organic ingredients.

SunOpta, a leading global company focussed on plant based beverages have launched a new organic oat creamer brand, SOWN. It is one of the first organic oat creamers in the market. This facility uses a proprietary enzymatic process which turns whole oats into delicious products. SunOpta products are sold through a variety of food services, private channels, etc. The SOWN oat creamers are smooth, creamy and perfect as a delicious diary alternative for coffee drinkers.

Nonfat dry milk is produced by evaporation of liquid milk followed by removal of fats. Nonfat dry milk and powdered milk are same items and the terms are used interchangeably. There are several advantages of nonfat dry milk which has contributed to the growth of the global nonfat dry milk market. Nonfat dry milk has a longer shelf life as compared to liquid milk.

It provides thickness to the food product it is added in. Nonfat dry milk can be used to prepare cakes, soups, meat products, puddings and other confectionaries. Other pluses of nonfat dry milk are they are economical source of nonfat dairy solids, they can be easily transported without much precautions, they are a good source of functional dairy solids and they are also considered as temporary replacement for whey proteins.

However, there are few drawbacks of nonfat dry milk, which have a negative impact on the growth of the global nonfat dry milk market. The taste might alter and might lose its original richness. Moreover, the prices of nonfat dry milk are increasing considerably. These aspects hinder the growth of the global nonfat dry milk market.

Nonfat dry milk is manufactured by evaporating liquid milk and removing fats. Nonfat dry milk is available in noninstant and in instant forms. It is used in several items such as soups, cakes, puddings, and few other food related items. It helps in retaining the thickness of the food item along with its rich texture. Water can also be added to use in milk beverages and cereals. More importantly, nonfat dry milk has a longer shelf life as compared to liquid milk.

According to Future Market Insights’s research report on the Global nonfat dry milk market, the market is anticipated to reach a value of about US$ 7.9 Bn by the end of 2022 and is poised to grow at a steady CAGR during the forecast period of 2017-2022.

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