Nonfat dry milk (NFDM) has become one of the crucial ingredients in the dairy aisle. It is used to replace expensive cartons of milk found in the food & beverages industry. Nonfat dry milk is manufactured by the removal of water from pasteurized skim milk. It is fulfilling the needs of every taste bud as it is available in numerous flavors such as mango, orange, pineapple, and many more.
The increase in application of nonfat dry milk in the food & beverages industry is primarily escalating the growth of the global nonfat dry milk market. Further, growing use of NFDM as a substitute for whey protein, easy handling & transportation of NFDM, and growing demand for soy NFDM owing to its benefits are some of the factors that are fueling the growth of the global market. In addition to this, NFDM has several applications for meat products, dairy, confectionery, and bakery. It is an economical source of nonfat dairy solids & functional dairy solids. Also, low-heat nonfat dry milk is essential for the optimization of sensory properties in food & beverages and high-heat nonfat dry milk is essential for good loaf volume in bread. All such factors are fostering the growth of the global market. Furthermore, expanding use of nonfat dry milk for water binding and emulsification purpose will lead to ample opportunities for the growth of the global market during the forecast period.
The global nonfat dry milk market is classified based on classification, type, variety, distribution channel, function, and region. Based on the classification, the global market is fragmented into low-heat NFDM, medium-heat NFDM, and high-heat NFDM. The type segment is split into roller dried and spray dried. Soy NFDM, coconut NFDM, almond NFDM, and others are different varieties of nonfat dry milk available in the market. The distribution channel segment comprises online stores, supermarkets/hypermarkets, and others. Browning/color, flavor, water binding, foaming, and emulsification are the functions carried out by nonfat dry milk.
Asia Pacific is projected to hold the dominant position in the global nonfat dry milk market during the forecast period. Factors such as growing awareness about nonfat dry milk, rise in production of NFDM, and growing demand for NFDM in bakery & confectionery products are fostering the growth of the global market in this region. North America and Europe are expected to grow at a healthy rate.
Some of the predominant factors that are operating in the global nonfat dry milk are Arla Foods, Nestle S.A., HOCHDORF Holding Ltd., Amul, Bob’s Red Mill natural foods, The St. Albans Cooperative Creamery, Inc., DairyAmerica, Inc., All American Foods, Inc., Diamond Crystal Brands, and American Dairy Products Institute, among others.
Key developments: In August 2020, to assist FEMA in providing family meals, Diamond Crystal Brands announced the launch of nonfat dry milk.