North America holds great appeal for companies that make whole milk powder. This part of the world made up about 5.58% of the whole milk powder market globally in 2019. Looking ahead, it's expected to keep growing at a rate of 2.1% every year during the forecast period. There are a few reasons why North America is becoming a big player in the whole milk powder market.
One important factor is that there are many companies in North America that process food, and they're always coming up with new and exciting products. This has a big impact on the growth of the market. People in North America are also paying more attention to their health, and they really like food and drinks that are good for them. This has led to a rising interest in functional foods and beverages, and whole milk powder is becoming a popular ingredient in these healthy products.
In North America, more and more people are choosing drinks that are good for their health. This trend is creating new chances for companies that make whole milk powder. People want to drink things that are not only tasty but also good for their well-being. This growing demand for healthy drinks is making North America a promising market for whole milk powder manufacturers.
Another exciting thing happening in North America is the increasing demand for organic whole milk powder. Organic means that the product is made without using any synthetic or artificial substances. This has become a big deal in North America, and it's expected to make the whole milk powder market even bigger in this region by the year 2026. People are becoming more aware of the benefits of organic products, and companies are responding by creating more organic options. For example, in the United States, the interest in organic food is growing, and companies are introducing organic whole milk powder to meet this demand.
In summary, North America is not just a big player in the whole milk powder market; it's also growing steadily. The presence of many food processors and the continuous introduction of new products are boosting the market. The increasing focus on health and the popularity of functional foods and beverages are driving the demand for whole milk powder in this region. Additionally, the rising interest in organic products, including organic whole milk powder, is expected to contribute to the growth of the North American whole milk powder market in the coming years.