Powdered milk, also known as milk powder, is manufactured by dehydrating the water content of the milk using evaporation or the spray drying process. Some of the most common types of milk powder include whole milk powder, skimmed milk powder, and dairy whiteners. It is pasteurized under controlled temperatures to eliminate any microbial growth. It is also a rich source of zinc, calcium, magnesium, vitamins A, B12, D, E and K, and other nutritional elements such as antioxidants. Owing to these properties, powdered milk is widely utilized in several value-added food items such as confectionery, bakery, and infant formulas.
The market is primarily driven by the rising product adoption in the food and beverage (F&B) industry. Milk powder has a longer shelf-life than fluid milk due to its low moisture content. Consequently, it can be stored at ambient temperatures and transported to remote locations without proper cold chain infrastructure. Besides this, the escalating demand for baby food and infant formulas on account of the busy lifestyle of working parents is also contributing to the market growth. In addition, several key players are adopting newer technologies such as green and ceramic microfiltration systems that remove heat-resistant microbes from the milk and improved evaporators that reduce energy consumption while preserving milk proteins. This, coupled with the growing utilization of powdered milk in regions with low availability of milk and the introduction of organic, lactose-free, and vitamin-fortified variants for direct use in beverages, are also creating a favorable market outlook across the globe.
The report provides a techno-commercial roadmap for setting up a powdered milk manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the powdered milk industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the powdered milk industry.
The project report covers the following aspects of the powdered milk market:
Market Snapshot:
Market Performance
Market Breakup by Segment
Market Breakup by Region
Price Trends
Impact of COVID-19
Market Outlook
Manufacturing Process:
Product Overview
Detailed Process Flow
Unit Operations Involved
Mass Balance and Raw Material Requirements
Project Details, Requirements and Costs Involved:
Land, Location and Site Development
Plant Layout
Machinery Requirements and Expenditures
Raw Material Requirements and Expenditures
Packaging Requirements and Expenditures
Transportation Requirements and Expenditures
Utility Requirements and Expenditures
Manpower Requirements and Expenditures
Project Economics
Capital Investments
Operating Costs
Expenditure Projections
Revenue Projections
Profit Projections
Financial Analysis
Regulatory Procedures and Approval
Key Success and Risk Factors
Key Questions Answered in This Report?
What are the key success and risk factors in the powdered milk industry?
How has the powdered milk market performed so far and how will it perform in the coming years?
What is the structure of the powdered milk industry and who are the key players?
What are the various unit operations involved in a powdered milk manufacturing plant?
What is the total size of land required for setting up a powdered milk manufacturing plant?
What are the machinery requirements for setting up a powdered milk manufacturing plant?
What are the raw material requirements for setting up a powdered milk manufacturing plant?
What are the utility requirements for setting up a powdered milk manufacturing plant?
What are the manpower requirements for setting up a powdered milk manufacturing plant?
What are the infrastructure costs for setting up a powdered milk manufacturing plant?
What are the capital costs for setting up a powdered milk manufacturing plant?
What are the operating costs for setting up a powdered milk manufacturing plant?
What should be the pricing mechanism of powdered milk?
What will be the income and expenditures for a powdered milk manufacturing plant?
What is the time required to break-even?
Need a Customized Project Report?
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The report can be customised based on the country/region that you plan to setup your plant
The manufacturing capacity of the plant can be customised based on your requirements.
Machinery suppliers and costs can be customised based on your requirements.
Any additions to the current scope can also be provided based on your requirements.
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Powdered Milk Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Raw Material Price Trends
4.7.2 Powdered Milk Price Trends
4.7.3 Product Margins
5 Powdered Milk Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Powdered Milk Market: Major Drivers and Challenges
Figure 2: Global: Powdered Milk Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Powdered Milk Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Powdered Milk Market: Breakup by Segment (in %), 2022
Figure 5: Global: Powdered Milk Market: Breakup by Region (in %), 2022
Figure 6: Powdered Milk Raw Materials: Price Trends, 2017 & 2022
Figure 7: Powdered Milk: Price Trends, 2017 & 2022
Figure 8: Powdered Milk: Margins Across Various Stages of the Supply Chain
Figure 9: Powdered Milk Manufacturing Plant: Breakup of Costs
Figure 10: Powdered Milk Price Structure
Figure 11: Powdered Milk: Manufacturing Process Flow
Figure 12: Powdered Milk: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Powdered Milk Manufacturing Plant Layout
List of Tables
Table 1: Powdered Milk Manufacturing Plant: Raw Material Requirements
Table 2: Powdered Milk Manufacturing Plant: Project Planning
Table 3: Powdered Milk Manufacturing Plant: Phasing of Development
Table 4: Powdered Milk Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Powdered Milk Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Powdered Milk Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Powdered Milk Manufacturing Plant: Costs Related to Machinery
Table 8: Powdered Milk Manufacturing Plant: List of Machinery Suppliers
Table 9: Powdered Milk Manufacturing Plant: Costs Related to Raw Materials
Table 10: Powdered Milk Manufacturing Plant: List of Raw Material Suppliers
Table 11: Powdered Milk Manufacturing Plant: Costs Related to Packaging
Table 12: Powdered Milk Manufacturing Plant: Costs Related to Utilities
Table 13: Powdered Milk Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Powdered Milk Manufacturing Plant: Capital Costs
Table 15: Powdered Milk Manufacturing Plant: Operating Costs
Table 16: Powdered Milk Manufacturing Plant: Taxation
Table 17: Powdered Milk Manufacturing Plant: Depreciation
Table 18: Powdered Milk Manufacturing Plant: Income Projections
Table 19: Powdered Milk Manufacturing Plant: Expenditure Projections
Table 20: Powdered Milk Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Powdered Milk Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Powdered Milk Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Powdered Milk Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Powdered Milk Manufacturing Plant: Profit and Loss Account
Table 25: Powdered Milk Manufacturing Plant: Discount Factor Rate
Table 26: Powdered Milk Manufacturing Plant: Sensitivity Analysis
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