Table of Contents Executive Summary 1 Industry Overview of Powdered Milk 1.1 Definition of Powdered Milk 1.2 Powdered Milk Segment by Type 1.2.1 Global Powdered Milk Production Growth Rate Comparison by Types (2014-2025) 1.2.2 Organic Whole Powdered Milk 1.2.3 Organic Skim Powdered Milk 1.3 Powdered Milk Segment by Applications 1.3.1 Global Powdered Milk Consumption Comparison by Applications (2014-2025) 1.3.2 Infant Formulas 1.3.3 Confections 1.3.4 Bakery Products 1.3.5 Other 1.4 Global Powdered Milk Overall Market 1.4.1 Global Powdered Milk Revenue (2014-2025) 1.4.2 Global Powdered Milk Production (2014-2025) 1.4.3 North America Powdered Milk Status and Prospect (2014-2025) 1.4.4 Europe Powdered Milk Status and Prospect (2014-2025) 1.4.5 China Powdered Milk Status and Prospect (2014-2025) 1.4.6 Japan Powdered Milk Status and Prospect (2014-2025) 1.4.7 Southeast Asia Powdered Milk Status and Prospect (2014-2025) 1.4.8 India Powdered Milk Status and Prospect (2014-2025) 2 Manufacturing Cost Structure Analysis 2.1 Raw Material and Suppliers 2.2 Manufacturing Cost Structure Analysis of Powdered Milk 2.3 Manufacturing Process Analysis of Powdered Milk 2.4 Industry Chain Structure of Powdered Milk 3 Development and Manufacturing Plants Analysis of Powdered Milk 3.1 Capacity and Commercial Production Date 3.2 Global Powdered Milk Manufacturing Plants Distribution 3.3 Major Manufacturers Technology Source and Market Position of Powdered Milk 3.4 Recent Development and Expansion Plans 4 Key Figures of Major Manufacturers 4.1 Powdered Milk Production and Capacity Analysis 4.2 Powdered Milk Revenue Analysis 4.3 Powdered Milk Price Analysis 4.4 Market Concentration Degree 5 Powdered Milk Regional Market Analysis 5.1 Powdered Milk Production by Regions 5.1.1 Global Powdered Milk Production by Regions 5.1.2 Global Powdered Milk Revenue by Regions 5.2 Powdered Milk Consumption by Regions 5.3 North America Powdered Milk Market Analysis 5.3.1 North America Powdered Milk Production 5.3.2 North America Powdered Milk Revenue 5.3.3 Key Manufacturers in North America 5.3.4 North America Powdered Milk Import and Export 5.4 Europe Powdered Milk Market Analysis 5.4.1 Europe Powdered Milk Production 5.4.2 Europe Powdered Milk Revenue 5.4.3 Key Manufacturers in Europe 5.4.4 Europe Powdered Milk Import and Export 5.5 China Powdered Milk Market Analysis 5.5.1 China Powdered Milk Production 5.5.2 China Powdered Milk Revenue 5.5.3 Key Manufacturers in China 5.5.4 China Powdered Milk Import and Export 5.6 Japan Powdered Milk Market Analysis 5.6.1 Japan Powdered Milk Production 5.6.2 Japan Powdered Milk Revenue 5.6.3 Key Manufacturers in Japan 5.6.4 Japan Powdered Milk Import and Export 5.7 Southeast Asia Powdered Milk Market Analysis 5.7.1 Southeast Asia Powdered Milk Production 5.7.2 Southeast Asia Powdered Milk Revenue 5.7.3 Key Manufacturers in Southeast Asia 5.7.4 Southeast Asia Powdered Milk Import and Export 5.8 India Powdered Milk Market Analysis 5.8.1 India Powdered Milk Production 5.8.2 India Powdered Milk Revenue 5.8.3 Key Manufacturers in India 5.8.4 India Powdered Milk Import and Export 6 Powdered Milk Segment Market Analysis (by Type) 6.1 Global Powdered Milk Production by Type 6.2 Global Powdered Milk Revenue by Type 6.3 Powdered Milk Price by Type 7 Powdered Milk Segment Market Analysis (by Application) 7.1 Global Powdered Milk Consumption by Application 7.2 Global Powdered Milk Consumption Market Share by Application (2014-2019) 8 Powdered Milk Major Manufacturers Analysis 8.1 HiPP GmbH & Co. Vertrieb KG 8.1.1 HiPP GmbH & Co. Vertrieb KG Powdered Milk Production Sites and Area Served 8.1.2 HiPP GmbH & Co. Vertrieb KG Product Introduction, Application and Specification 8.1.3 HiPP GmbH & Co. Vertrieb KG Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.1.4 Main Business and Markets Served 8.2 Verla (Hyproca) 8.2.1 Verla (Hyproca) Powdered Milk Production Sites and Area Served 8.2.2 Verla (Hyproca) Product Introduction, Application and Specification 8.2.3 Verla (Hyproca) Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.2.4 Main Business and Markets Served 8.3 OMSCo 8.3.1 OMSCo Powdered Milk Production Sites and Area Served 8.3.2 OMSCo Product Introduction, Application and Specification 8.3.3 OMSCo Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.3.4 Main Business and Markets Served 8.4 Prolactal GmbH (ICL) 8.4.1 Prolactal GmbH (ICL) Powdered Milk Production Sites and Area Served 8.4.2 Prolactal GmbH (ICL) Product Introduction, Application and Specification 8.4.3 Prolactal GmbH (ICL) Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.4.4 Main Business and Markets Served 8.5 Ingredia SA 8.5.1 Ingredia SA Powdered Milk Production Sites and Area Served 8.5.2 Ingredia SA Product Introduction, Application and Specification 8.5.3 Ingredia SA Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.5.4 Main Business and Markets Served 8.6 Aurora Foods Dairy Corp. 8.6.1 Aurora Foods Dairy Corp. Powdered Milk Production Sites and Area Served 8.6.2 Aurora Foods Dairy Corp. Product Introduction, Application and Specification 8.6.3 Aurora Foods Dairy Corp. Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.6.4 Main Business and Markets Served 8.7 OGNI (GMP Dairy) 8.7.1 OGNI (GMP Dairy) Powdered Milk Production Sites and Area Served 8.7.2 OGNI (GMP Dairy) Product Introduction, Application and Specification 8.7.3 OGNI (GMP Dairy) Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.7.4 Main Business and Markets Served 8.8 Hochdorf Swiss Nutrition 8.8.1 Hochdorf Swiss Nutrition Powdered Milk Production Sites and Area Served 8.8.2 Hochdorf Swiss Nutrition Product Introduction, Application and Specification 8.8.3 Hochdorf Swiss Nutrition Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.8.4 Main Business and Markets Served 8.9 Triballat Ingredients 8.9.1 Triballat Ingredients Powdered Milk Production Sites and Area Served 8.9.2 Triballat Ingredients Product Introduction, Application and Specification 8.9.3 Triballat Ingredients Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.9.4 Main Business and Markets Served 8.10 Organic West Milk 8.10.1 Organic West Milk Powdered Milk Production Sites and Area Served 8.10.2 Organic West Milk Product Introduction, Application and Specification 8.10.3 Organic West Milk Powdered Milk Production, Revenue, Ex-factory Price and Gross Margin (2014-2019) 8.10.4 Main Business and Markets Served 8.11 Royal Farm 8.12 RUMI (Hoogwegt) 8.13 SunOpta, Inc. 8.14 NowFood 9 Development Trend of Analysis of Powdered Milk Market 9.1 Global Powdered Milk Market Trend Analysis 9.1.1 Global Powdered Milk Market Size (Volume and Value) Forecast 2019-2025 9.2 Powdered Milk Regional Market Trend 9.2.1 North America Powdered Milk Forecast 2019-2025 9.2.2 Europe Powdered Milk Forecast 2019-2025 9.2.3 China Powdered Milk Forecast 2019-2025 9.2.4 Japan Powdered Milk Forecast 2019-2025 9.2.5 Southeast Asia Powdered Milk Forecast 2019-2025 9.2.6 India Powdered Milk Forecast 2019-2025 9.3 Powdered Milk Market Trend (Product Type) 9.4 Powdered Milk Market Trend (Application) 10.1 Marketing Channel 10.1.1 Direct Marketing 10.1.2 Indirect Marketing 10.3 Powdered Milk Customers 11 Market Dynamics 11.1 Market Trends 11.2 Opportunities 11.3 Market Drivers 11.4 Challenges 11.5 Influence Factors 12 Conclusion 13 Appendix 13.1 Methodology/Research Approach 13.1.1 Research Programs/Design 13.1.2 Market Size Estimation 13.1.3 Market Breakdown and Data Triangulation 13.2 Data Source 13.2.1 Secondary Sources 13.2.2 Primary Sources 13.3 Author List 13.4 Disclaimer

List of Tables and Figures Figure Picture of Powdered Milk Table Global Powdered Milk Production (K MT) Growth Rate Comparison by Types (2014-2025) Figure Global Powdered Milk Production Market Share by Types in 2018 Figure Organic Whole Powdered Milk Product Picture Figure Organic Skim Powdered Milk Product Picture Table Global Powdered Milk Consumption (K MT) Comparison by Applications (2014-2025) Figure Global Powdered Milk Consumption Market Share by Applications in 2018 Figure Infant Formulas Figure Confections Figure Bakery Products Figure Other Figure Global Powdered Milk Revenue (Million USD) (2014-2025) Figure Global Powdered Milk Production (K MT) (2014-2025) Figure North America Powdered Milk Market Size (Million USD) (2014-2025) Figure Europe Powdered Milk Market Size (Million USD) (2014-2025) Figure China Powdered Milk Market Size (Million USD) (2014-2025) Figure Japan Powdered Milk Market Size (Million USD) (2014-2025) Figure Southeast Asia Powdered Milk Market Size (Million USD) (2014-2025) Figure India Powdered Milk Market Size (Million USD) (2014-2025) Table Powdered Milk Raw Material and Suppliers Table Manufacturing Cost Structure Analysis of Powdered Milk in 2018 Figure Manufacturing Process Analysis of Powdered Milk Figure Industry Chain Structure of Powdered Milk Table Capacity and Commercial Production Date of Key Manufacturers Table Global Powdered Milk Manufacturing Plants Distribution Table Powdered Milk Major Manufacturers Technology Source and Market Position Table Recent Development and Expansion Plans in Future Table Powdered Milk Capacity (K MT) of Major Manufacturers (2014-2019) Table Powdered Milk Production (K MT) of Major Manufacturers (2014-2019) Table Powdered Milk Production Market Share of Major Manufacturers (2014-2019) Figure Powdered Milk Production Share by Manufacturers in 2018 Table Powdered Milk Revenue (Million US$) of Major Manufacturers (2014-2019) Table Powdered Milk Revenue Market Share of Major Manufacturers (2014-2019) Figure Powdered Milk Revenue Share by Manufacturers in 2018 Table Powdered Milk Average Price (USD/MT) of Major Manufacturers (2014-2019) Table Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table Global Powdered Milk Production by Regions 2014-2019 (K MT) Table Global Powdered Milk Production Market Share by Regions 2014-2019 Figure Global Powdered Milk Production Market Share by Regions in 2018 Table Global Powdered Milk Revenue by Regions 2014-2019 (Million USD) Table Global Powdered Milk Revenue Market Share by Regions 2014-2019 Figure Global Powdered Milk Revenue Market Share by Regions in 2018 Table Global Powdered Milk Consumption by Regions 2014-2019 (K MT) Table Global Powdered Milk Consumption Market Share by Regions 2014-2019 Figure North America Powdered Milk Production Growth Rate 2014-2019 (K MT) Figure North America Powdered Milk Revenue Growth Rate 2014-2019 (Million USD) Table North America Powdered Milk Production, Consumption Import and Export (K MT) Figure Europe Powdered Milk Production Growth Rate 2014-2019 (K MT) Figure Europe Powdered Milk Revenue Growth Rate 2014-2019 (Million USD) Table Europe Powdered Milk Production, Consumption Import and Export (K MT) Figure China Powdered Milk Production Growth Rate 2014-2019 (K MT) Figure China Powdered Milk Revenue Growth Rate 2014-2019 (Million USD) Table China Powdered Milk Production, Consumption Import and Export (K MT) Figure Japan Powdered Milk Production Growth Rate 2014-2019 (K MT) Figure Japan Powdered Milk Revenue Growth Rate 2014-2019 (Million USD) Table Japan Powdered Milk Production, Consumption Import and Export (K MT) Figure Southeast Asia Powdered Milk Production Growth Rate 2014-2019 (K MT) Figure Southeast Asia Powdered Milk Revenue Growth Rate 2014-2019 (Million USD) Table Southeast Asia Powdered Milk Production, Consumption Import and Export (K MT) Figure India Powdered Milk Production Growth Rate 2014-2019 (K MT) Figure India Powdered Milk Revenue Growth Rate 2014-2019 (Million USD) Table India Powdered Milk Production, Consumption Import and Export (K MT) Figure Global Consumption Powdered Milk Market Share by Application (2014-2019) Figure Global Value (Consumption) Powdered Milk Market Share by Application (2014-2019) Table HiPP GmbH & Co. Vertrieb KG Powdered Milk Production Sites and Area Served Table HiPP GmbH & Co. Vertrieb KG Powdered Milk Product Introduction, Application and Specification Table HiPP GmbH & Co. Vertrieb KG Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table HiPP GmbH & Co. Vertrieb KG Powdered Milk Production Growth Rate (2014-2019) Table HiPP GmbH & Co. Vertrieb KG Powdered Milk Production Market Share (2014-2019) Figure HiPP GmbH & Co. Vertrieb KG Powdered Milk Revenue Market Share (2014-2019) Table HiPP GmbH & Co. Vertrieb KG Powdered Milk Main Business and Markets Served Table Verla (Hyproca) Powdered Milk Production Sites and Area Served Table Verla (Hyproca) Powdered Milk Product Introduction, Application and Specification Table Verla (Hyproca) Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Verla (Hyproca) Powdered Milk Production Growth Rate (2014-2019) Table Verla (Hyproca) Powdered Milk Production Market Share (2014-2019) Figure Verla (Hyproca) Powdered Milk Revenue Market Share (2014-2019) Table Verla (Hyproca) Powdered Milk Main Business and Markets Served Table OMSCo Powdered Milk Production Sites and Area Served Table OMSCo Powdered Milk Product Introduction, Application and Specification Table OMSCo Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table OMSCo Powdered Milk Production Growth Rate (2014-2019) Table OMSCo Powdered Milk Production Market Share (2014-2019) Figure OMSCo Powdered Milk Revenue Market Share (2014-2019) Table OMSCo Powdered Milk Main Business and Markets Served Table Prolactal GmbH (ICL) Powdered Milk Production Sites and Area Served Table Prolactal GmbH (ICL) Powdered Milk Product Introduction, Application and Specification Table Prolactal GmbH (ICL) Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Prolactal GmbH (ICL) Powdered Milk Production Growth Rate (2014-2019) Table Prolactal GmbH (ICL) Powdered Milk Production Market Share (2014-2019) Figure Prolactal GmbH (ICL) Powdered Milk Revenue Market Share (2014-2019) Table Prolactal GmbH (ICL) Powdered Milk Main Business and Markets Served Table Ingredia SA Powdered Milk Production Sites and Area Served Table Ingredia SA Powdered Milk Product Introduction, Application and Specification Table Ingredia SA Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Ingredia SA Powdered Milk Production Growth Rate (2014-2019) Table Ingredia SA Powdered Milk Production Market Share (2014-2019) Figure Ingredia SA Powdered Milk Revenue Market Share (2014-2019) Table Ingredia SA Powdered Milk Main Business and Markets Served Table Aurora Foods Dairy Corp. Powdered Milk Production Sites and Area Served Table Aurora Foods Dairy Corp. Powdered Milk Product Introduction, Application and Specification Table Aurora Foods Dairy Corp. Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Aurora Foods Dairy Corp. Powdered Milk Production Growth Rate (2014-2019) Table Aurora Foods Dairy Corp. Powdered Milk Production Market Share (2014-2019) Figure Aurora Foods Dairy Corp. Powdered Milk Revenue Market Share (2014-2019) Table Aurora Foods Dairy Corp. Powdered Milk Main Business and Markets Served Table OGNI (GMP Dairy) Powdered Milk Production Sites and Area Served Table OGNI (GMP Dairy) Powdered Milk Product Introduction, Application and Specification Table OGNI (GMP Dairy) Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table OGNI (GMP Dairy) Powdered Milk Production Growth Rate (2014-2019) Table OGNI (GMP Dairy) Powdered Milk Production Market Share (2014-2019) Figure OGNI (GMP Dairy) Powdered Milk Revenue Market Share (2014-2019) Table OGNI (GMP Dairy) Powdered Milk Main Business and Markets Served Table Hochdorf Swiss Nutrition Powdered Milk Production Sites and Area Served Table Hochdorf Swiss Nutrition Powdered Milk Product Introduction, Application and Specification Table Hochdorf Swiss Nutrition Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Hochdorf Swiss Nutrition Powdered Milk Production Growth Rate (2014-2019) Table Hochdorf Swiss Nutrition Powdered Milk Production Market Share (2014-2019) Figure Hochdorf Swiss Nutrition Powdered Milk Revenue Market Share (2014-2019) Table Hochdorf Swiss Nutrition Powdered Milk Main Business and Markets Served Table Triballat Ingredients Powdered Milk Production Sites and Area Served Table Triballat Ingredients Powdered Milk Product Introduction, Application and Specification Table Triballat Ingredients Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Triballat Ingredients Powdered Milk Production Growth Rate (2014-2019) Table Triballat Ingredients Powdered Milk Production Market Share (2014-2019) Figure Triballat Ingredients Powdered Milk Revenue Market Share (2014-2019) Table Triballat Ingredients Powdered Milk Main Business and Markets Served Table Organic West Milk Powdered Milk Production Sites and Area Served Table Organic West Milk Powdered Milk Product Introduction, Application and Specification Table Organic West Milk Powdered Milk Production (K MT), Revenue (Million USD), Ex-factory Price (USD/MT) and Gross Margin (2014-2019) Table Organic West Milk Powdered Milk Production Growth Rate (2014-2019) Table Organic West Milk Powdered Milk Production Market Share (2014-2019) Figure Organic West Milk Powdered Milk Revenue Market Share (2014-2019) Table Organic West Milk Powdered Milk Main Business and Markets Served Table Royal Farm Powdered Milk Production Sites and Area Served Table RUMI (Hoogwegt) Powdered Milk Production Sites and Area Served Table SunOpta, Inc. Powdered Milk Production Sites and Area Served Table NowFood Powdered Milk Production Sites and Area Served Figure Global Powdered Milk Production (K MT) Growth Rate Forecast 2019-2025 Figure Global Powdered Milk Revenue (Million USD) Growth Rate Forecast 2019-2025 Figure Global Powdered Milk Sales Price (USD/MT) Forecast 2019-2025 Figure North America Powdered Milk Production Growth Rate Forecast 2019-2025 (K MT) Figure North America Powdered Milk Revenue Growth Rate Forecast 2019-2025 (Million USD) Figure Europe Powdered Milk Production Growth Rate Forecast 2019-2025 (K MT) Figure Europe Powdered Milk Revenue Growth Rate Forecast 2019-2025 (Million USD) Figure China Powdered Milk Production Growth Rate Forecast 2019-2025 (K MT) Figure China Powdered Milk Revenue Growth Rate Forecast 2019-2025 (Million USD) Figure Japan Powdered Milk Production Growth Rate Forecast 2019-2025 (K MT) Figure Japan Powdered Milk Revenue Growth Rate Forecast 2019-2025 (Million USD) Figure Southeast Asia Powdered Milk Production Growth Rate Forecast 2019-2025 (K MT) Figure Southeast Asia Powdered Milk Revenue Growth Rate Forecast 2019-2025 (Million USD) Figure India Powdered Milk Production Growth Rate Forecast 2019-2025 (K MT) Figure India Powdered Milk Revenue Growth Rate Forecast 2019-2025 (Million USD) Table Global Production (K MT) of Powdered Milk by Type (2019-2025) Table Global Consumption (K MT) of Powdered Milk by Application (2019-2025) Table Powdered Milk Distributors List Table Powdered Milk Customers List Table Market Key Trends Table Key Opportunities Table Market Key Drivers Table Key Challenges Table Key Influence Factors Table Research Programs/Design for This Report Figure Bottom-up and Top-down Approaches for This Report Figure Data Triangulation Table Key Data Information from Secondary Sources Table Key Data Information from Primary Sources

HiPP GmbH & Co. Vertrieb KG Verla (Hyproca) OMSCo Prolactal GmbH (ICL) Ingredia SA Aurora Foods Dairy Corp. OGNI (GMP Dairy) Hochdorf Swiss Nutrition Triballat Ingredients Organic West Milk Royal Farm RUMI (Hoogwegt) SunOpta, Inc. NowFood