The Milk Powder Manufacturing industry has faced some trying times over the past five years. Volatile commodity prices have been the main driver of the industry's fortunes and woes. More than 70% of industry revenue is derived from exports, so changes in the global price of milk powder significantly affect industry revenue. Global milk powder prices rose over the four years through 2013-14, albeit with significant fluctuations, due to increased demand from growing economies in Asia. Prices rose by more than 20% during 2013-14, but plummeted by approximately 40% in 2014-15. Despite an anticipated increase in 2015-16, prices are not likely to recover to levels of five years ago.
Businesses in this industry 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.