Market Share of Milk Powder Industry
The global milk powder is fragmented, with many domestic and multinational players competing for market share. Companies focus on new product launches with natural or organic claims as their key marketing strategy. The players focus on unique selling propositions to increase their product sales. The companies are also introducing fortified milk powders that provide extra nutrients to consumers. The market players are also investing in expanding milk powder production and economies of scale and increasing their profits. Significant players include AMUL Fed, Nestlé S.A, Arla Foods, Fonterra Co-Operative Group, and NOW Foods, among others.
Milk Powder Market Leaders
Nestle SA
Gujarat Cooperative Milk Marketing Federation (Amul)
Arla Foods amba
Fronterra Co-operative Group
NOW Foods
*Disclaimer: Major Players sorted in no particular order
