The Asia-Pacific Cow Milk Minerals Market is forecasted to grow at a CAGR of 3.7%. The rapid rise in aggregate consumption of milk propelled by the growing population in Asia is expected to act as a driver for the market’s growth.
Asia-Pacific is the dominant region in demand for cow milk minerals market and is expected to grow in coming years, principally driven by increased demand mainly in India, China, Japan, and Indonesia. Milk powder output reached in huge amount underpinned by the continued rise in dairy cattle numbers and improved feed and fodder availability on the favorable season. The fast mobilization of the village cooperatives’ network at the early phase of the pandemic and channeling milk into drying plants further facilitated milk output growth.
Asia-Pacific Cow Milk Minerals Market Scenario
According to Data Bridge Market Research, the market for Asia-Pacific cow milk minerals market in China has the highest market share, followed by India and Japan. The market leader is Meiji Holdings Co., Ltd., accounting for approximately 25.82% of the Asia-Pacific cow milk minerals market. The company has gained outstanding sales through innovative cow milk minerals products for several industries.
For instance:
- In September 2021, MORINAGA MILK INDUSTRY CO., LTD expanded its production line for drink yogurt. The expansion has helped the company to meet the yogurt demand in the country and also increase the overall sales
Trends Impacting the Market
Now the question is which other regions Meiji Holdings Co., Ltd, MORINAGA MILK INDUSTRY CO., LTD., and Nestlé. are targeting? Data Bridge Market Research has forecasted a large growth in the Asia-Pacific cow milk minerals market. The market leaders target China and India to be their next revenue pockets for 2021.
The Asia-Pacific cow milk minerals market is becoming more competitive every year with Meiji Holdings Co., Ltd, MORINAGA MILK INDUSTRY CO., LTD., and Nestlé. as they are the industry leaders. The Data Bridge Market Research reports highlights the major growth factors and opportunities in the Asia-Pacific cow milk mineral market.
For more analysis on the cow milk mineral casting market, request a briefing with our analysts- https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=asia-pacific-cow-milk-minerals-market
Asia-Pacific Cow Milk Minerals Market Development
- In October 2021, SAVENCIA SA announced the acquisition of Hope, one of the leading plant-based dips and spread brands in the U.S. The acquisition has helped the company to create more awareness about it and capture market share
- In August 2021, Saputo announced strategic acquisitions of Bute Island Foods Ltd in the dairy alternatives and value-added ingredients segments. The acquisitions had helped to create more revenue and increase the overall company performance
Scope of The Asia-Pacific Cow Milk Minerals Market
The Asia-Pacific cow milk minerals market is segmented into countries such as Japan, China, South Korea, Australia, India, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of the Asia-Pacific.
All country-based analysis of the cow milk mineral market is further analyzed based on further segmentation. On the basis of form, the Asia-Pacific cow milk minerals market is segmented into coarse powder and fine powder. On the basis of function, the Asia-Pacific cow milk minerals market is segmented into bone health, weight management, fortification, and others). On the basis of application, the Asia-Pacific cow milk minerals market is segmented into (food and beverages.
To know more about the study https://www.databridgemarketresearch.com/reports/asia-pacific-cow-milk-minerals-market
Key Pointers Covered in Asia-Pacific cow milk minerals market Industry Trends and Forecast to 2028
- Market size
- Market standards and changes
- Market trials in different regions
- Market requirements in different regions
- Market shares in different regions
- Recent developments for market competitors
- Recent market value for different regions
- Sales data for market competitors
- Key vendors and disruptors study
- Supply chain competitiveness
Key Market Competitors Covered in the Report
- Meiji Holdings Co. Ltd.
- MORINAGA MILK INDUSTRY CO. LTD.
- Nestlé
- Tedford Tellico
- Arla Foods Ingredients Group P/S (a subsidiary of Arla Foods)
- Food Ingredient Technology
- Glanbia PLC
- Danone
- FrieslandCampina
- Groupe Lactalis
- SAVENCIA SA
Above are the key players covered in the report. To know about more an exhaustive list of cow milk mineral companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-cow-milk-minerals-market
Research Methodology: Asia-Pacific cow milk minerals market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufactures
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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- Global Cow Milk Based Infant Formula Market, 2028
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