Dairy Packaging Dry Milk Products Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Dairy Packaging Dry Milk Products Market: By Packaging (Film Packaging, Paper Bags, FIBC/Big Bags, and Metal Cans), By Product (Dry Whole Milk, Skimmed Dry Milk, Dry Butter Milk, Dry Whey, and Others), and Geography

 

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Report

Description

The dairy packaging dry milk products market was valued at USD 3,437.6 Million in 2021 and is anticipated to grow at a significant CAGR of 4.6% from 2022 to 2028. Owing to the population pool and increase in demand for milk-based products in the Asia and Africa regions could be seen as an opportunity for the packaging manufacturers. The rising demand for packaging to prevent microbial contamination results in innovative designs and more excellent category activity. Consumers’ interest in eco-friendly packaging companies is growing, and companies are working hard to develop eco-friendly packaging products. In the global dairy packaging dry milk products market, the metal cans segment accounted for a significant share of revenue in 2021 and is projected to dominate the market throughout the forecast period. The milk powder packaging made of metal cans is of the highest quality and durability; the inner layer sealing is completely sealed, and the hard metal lid has a better sealing performance than foil film, particularly in terms of anti-extrusion in transport. Furthermore, government programs and subsidies include 100 percent FDI enabled in food processing through the FIPB to increase indigenous manufacturing and technologies such as Isotropic Polyester Film, and the use of Nanotechnology in packaging. According to the FSSAI, “The evaluation of the health hazards of food packaging materials (FPMs) is a never-ending problem which is since FPMs have the ability to release and then transfer components into meals. The consumer may then be exposed to those components and/or their reaction products because of this transfer.” Considering this, the FSSAI has embarked on a research and development project titled “Study of Chemical Containments in Food from Packaging Materials” in collaboration with the National Institute of Standards and Technology.

Key Development:

In May 2022, The Nordic Dairy Congress emphasises the importance of dairy in feeding a growing and ageing population.

In May 2022, After forecasting higher food prices, Arla raises farmgate milk pricing.

Dairy Packaging Dry Milk Products Market

MARKET SUMMARY
-
4.6%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 4.6%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Dairy Packaging Dry Milk Products Market

 

  • The dairy packaging dry milk products market is segmented based on packaging, product, and geography.
  • Lack of moisture resistance and various issues with the packaging, such as transportation and storage and decreased shelf life of milk powders, are the major factors restraining the market’s growth over the forecast years.
Key Players
  • Tetra Pak International S.A.
  • Huhtamaki
  • Sealed Air Corporation
  • Orora Packaging Australia Pty Ltd
  • Amcor Limited
Dairy Packaging Dry Milk Products Market

Dynamics

Introduction of smart/intelligent, and active packaging and consumer demand for longer shelf-life products  and government initiatives to support environment-friendly packaging products coupled with the adoption of eco-friendly packaging by the market players are the major factors driving the growth of the market. Additionally, newly introduced packaging called Modified Atmosphere Packaging (MAP) and strategic alliances among the market players is fueling the growth of the market. Active packaging is an innovative packaging technology that incorporates certain additives into packaging film or within packaging containers by which the product increases the prolonged shelf life or enhances safety or sensory properties as well as maintains the quality of the food production continues to drive market growth in the coming years. However, the decreased shelf life of milk powders acts as a barrier to entry for new businesses.


Asia-Pacific Got Significant Share

Dairy Packaging Dry Milk Products Market

The dairy packaging dry milk products market in the Asia Pacific is likely to hold the highest revenue share of 31.7 % in 2021, and in the following years, it is predicted to increase at a rapid growth rate. Factors such as increasing demand for milk-based products, increasing population, and the introduction of intelligent and active packaging are fuelling the market in the region. Moreover, New Zealand is the primary producer of skimmed dry milk, which constitutes around 80% of New Zealand’s milk powder production, and the rest, 20%, includes all other dry milk products. In addition, Europe is the fastest-growing market accounting for a CAGR of 25.9 % due to expanding demand for milk powder and the adoption of eco-friendly packaging by market players.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The dairy packaging dry milk products market provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Dairy Packaging Dry Milk Products Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Company Profile

  • Tetra Pak International S.A.
  • Huhtamaki
  • Sealed Air Corporation
  • Orora Packaging Australia Pty Ltd
  • Amcor Limited
  • Mondi Group
  • NNZ Group

Description

The dairy packaging dry milk products market was valued at USD 3,437.6 Million in 2021 and is anticipated to grow at a significant CAGR of 4.6% from 2022 to 2028. Owing to the population pool and increase in demand for milk-based products in the Asia and Africa regions could be seen as an opportunity for the packaging manufacturers. The rising demand for packaging to prevent microbial contamination results in innovative designs and more excellent category activity. Consumers’ interest in eco-friendly packaging companies is growing, and companies are working hard to develop eco-friendly packaging products. In the global dairy packaging dry milk products market, the metal cans segment accounted for a significant share of revenue in 2021 and is projected to dominate the market throughout the forecast period. The milk powder packaging made of metal cans is of the highest quality and durability; the inner layer sealing is completely sealed, and the hard metal lid has a better sealing performance than foil film, particularly in terms of anti-extrusion in transport. Furthermore, government programs and subsidies include 100 percent FDI enabled in food processing through the FIPB to increase indigenous manufacturing and technologies such as Isotropic Polyester Film, and the use of Nanotechnology in packaging. According to the FSSAI, “The evaluation of the health hazards of food packaging materials (FPMs) is a never-ending problem which is since FPMs have the ability to release and then transfer components into meals. The consumer may then be exposed to those components and/or their reaction products because of this transfer.” Considering this, the FSSAI has embarked on a research and development project titled “Study of Chemical Containments in Food from Packaging Materials” in collaboration with the National Institute of Standards and Technology.

Key Development:

In May 2022, The Nordic Dairy Congress emphasises the importance of dairy in feeding a growing and ageing population.

In May 2022, After forecasting higher food prices, Arla raises farmgate milk pricing.

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