The Milk Powder Manufacturing industry has faced some testing times over the past five years. Fierce commodity price volatility has been the main driver of the industry's fortunes and woes. Global dairy prices reached near-historic highs in 2007-08, which caused milk powder prices to increase dramatically. This was largely due to increased demand from the growing economies of Asia and North Africa, coupled with crippling drought conditions across much of Australia and New Zealand, which resulted in dramatic supply shortages and price rises. This significantly inflated industry revenue and export values until the onset of the economic downturn reversed the trend.
This industry consists of businesses that manufacture milk powder, powdered milk-based beverages and baby foods in powder form.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.