Companies that make whole milk powder are planning to grow their business in countries that are still developing, like India, China, Brazil, ASEAN countries, and other places that are also growing. Whole milk powder is like a special ingredient that's added to different kinds of food and drinks instead of regular whole milk. This is because it lasts longer, and it makes the food and drinks stay good for a longer time, which is really handy for people who buy and eat them. In countries like India and China, the food and drinks industry is getting bigger and bigger. This means more people are buying things like dairy and frozen desserts, and even baby formula that has whole milk powder in it. So, companies that make whole milk powder are getting more chances to sell their products in these growing countries.
These companies are doing different things to let people know about their products. They organize events and seminars to tell everyone how good their products are, especially when it comes to things like yogurt and ice cream. This helps people understand that these products have good stuff in them, like whole milk powder, which is good for them. So, as more people in growing countries are looking for foods and drinks that are good for their health, the sales of products with whole milk powder keep going up.
INCREASED DEMAND FOR ORGANIC FOOD
More and more people are thinking about their health, and they really like organic food. Organic means that the food is made without using any artificial stuff. This has become super popular in many developed countries around the world. In fact, the global market for organic products was worth a lot of money โ about USD 104.6 billion โ in 2018. That's because people really want food that's made in a natural way without any fake things added to it.
Now, the love for organic food is spreading to places like Asia-Pacific and the Middle East & Africa. People in these regions are learning about the benefits of organic dairy products, like milk and yogurt. This is a big opportunity for companies that make whole milk powder because they can use it in making organic products. Big companies are already taking advantage of this. For example, Nestle S.A. launched an organic full cream milk powder called NIDO in China in 2018, and in 2020, Nancy Probiotic Foods introduced an organic whole milk yogurt.
As more food companies keep bringing out new organic products, it's creating a great opportunity for companies that make whole milk powder. People who want to eat healthy and natural foods are looking for products with whole milk powder in them, making the market for these products even better in the coming years.