PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT 2.1 Preface 2.2 Preface 2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE Market ecosystem Market characteristics Market segmentation analysis PART 04: MARKET SIZING Market definition Market sizing 2018 Market size and forecast 2018-2023 PART 05: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition PART 06: MARKET SEGMENTATION BY TYPE Market segmentation by type Comparison by type Regular whole milk powder - Market size and forecast 2018-2023 Instant whole milk powder - Market size and forecast 2018-2023 Market opportunity by type PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE Geographic segmentation Geographic comparison APAC - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 MEA - Market size and forecast 2018-2023 North America - Market size and forecast 2018-2023 Key leading countries Market opportunity PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES Market drivers Market challenges PART 11: MARKET TRENDS Technological advances in milk processing and milk products Innovations in milk powder packaging features Increasing online retailing of whole milk powder PART 12: VENDOR LANDSCAPE Overview Landscape disruption Competitive scenario PART 13: VENDOR ANALYSIS Vendors covered Vendor classification Market positioning of vendors Arla Foods amba Dairy Farmers of America Inc. Danone SA Fonterra Co-operative Group Nestlé SA PART 14: APPENDIX Research methodology List of abbreviations Definition of market positioning of vendors PART 15: EXPLORE TECHNAVIO   Exhibit 01: Global food and beverages market Exhibit 02: Segments of global food and beverages market Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Market definition - Inclusions and exclusions checklist Exhibit 06: Market size 2018 Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions) Exhibit 08: Global market: Year-over-year growth 2019-2023 (%) Exhibit 09: Five forces analysis 2018 Exhibit 10: Five forces analysis 2023 Exhibit 11: Bargaining power of buyers Exhibit 12: Bargaining power of suppliers Exhibit 13: Threat of new entrants Exhibit 14: Threat of substitutes Exhibit 15: Threat of rivalry Exhibit 16: Market condition - Five forces 2018 Exhibit 17: Product - Market share 2018-2023 (%) Exhibit 18: Comparison by type Exhibit 19: Regular whole milk powder - Market size and forecast 2018-2023 ($ millions) Exhibit 20: Regular whole milk powder - Year-over-year growth 2019-2023 (%) Exhibit 21: Instant whole milk powder - Market size and forecast 2018-2023 ($ millions) Exhibit 22: Instant whole milk powder - Year-over-year growth 2019-2023 (%) Exhibit 23: Market opportunity by type Exhibit 24: Customer landscape Exhibit 25: Market share by geography 2018-2023 (%) Exhibit 26: Geographic comparison Exhibit 27: APAC - Market size and forecast 2018-2023 ($ millions) Exhibit 28: APAC - Year-over-year growth 2019-2023 (%) Exhibit 29: South America - Market size and forecast 2018-2023 ($ millions) Exhibit 30: South America - Year-over-year growth 2019-2023 (%) Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions) Exhibit 32: Europe - Year-over-year growth 2019-2023 (%) Exhibit 33: MEA - Market size and forecast 2018-2023 ($ millions) Exhibit 34: MEA - Year-over-year growth 2019-2023 (%) Exhibit 35: North America - Market size and forecast 2018-2023 ($ millions) Exhibit 36: North America - Year-over-year growth 2019-2023 (%) Exhibit 37: Key leading countries Exhibit 38: Market opportunity Exhibit 39: Impact of drivers and challenges Exhibit 40: Vendor landscape Exhibit 41: Landscape disruption Exhibit 42: Vendors covered Exhibit 43: Vendor classification Exhibit 44: Market positioning of vendors Exhibit 45: Arla Foods amba - Vendor overview Exhibit 46: Arla Foods amba - Business segments Exhibit 47: Arla Foods amba - Organizational developments Exhibit 48: Arla Foods amba - Segment focus Exhibit 49: Arla Foods amba - Key offerings Exhibit 50: Dairy Farmers of America Inc. - Vendor overview Exhibit 51: Dairy Farmers of America Inc. - Product segments Exhibit 52: Dairy Farmers of America Inc. - Key offerings Exhibit 53: Danone SA - Vendor overview Exhibit 54: Danone SA - Business segments Exhibit 55: Danone SA - Organizational developments Exhibit 56: Danone SA - Geographic focus Exhibit 57: Danone SA - Segment focus Exhibit 58: Danone SA - Key offerings Exhibit 59: Fonterra Co-operative Group - Vendor overview Exhibit 60: Fonterra Co-operative Group - Business segments Exhibit 61: Fonterra Co-operative Group - Organizational developments Exhibit 62: Fonterra Co-operative Group - Geographic focus Exhibit 63: Fonterra Co-operative Group - Key offerings Exhibit 64: Nestlé SA - Vendor overview Exhibit 65: Nestlé SA - Business segments Exhibit 66: Nestlé SA - Organizational developments Exhibit 67: Nestlé SA - Geographic focus Exhibit 68: Nestlé SA - Segment focus Exhibit 69: Nestlé SA - Key offerings Exhibit 70: Validation techniques employed for market sizing Exhibit 71: Definition of market positioning of vendors

Arla Foods amba Dairy Farmers of America Inc. Danone SA Fonterra Co-operative Group Nestlé SA