Whole Milk Powder (WMP) is a product attained from milk that has been processed, dehydrated, and pasteurized. The resultant is a powder-like substance with a longer shelf-life than fresh milk. It can be utilized in various food products to be mixed and can substitute the requirement of fresh milk. The product contains several minerals and nutrients, such as fats and carbohydrates, Protein, calcium, vitamins, and more.
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It is generally rehydrated with water and used in beverages. It is primarily used as an alternative to milk in the global market, fulfilling the milk requirement with longer durability. The product can be used in dry form, which is primarily used in baking and cooking activities.
The key exporting countries that export Whole Milk Powder (WMP) are New Zealand, the United States, and Argentina. On the other hand, the key importing countries include Peru, Vietnam, and Bangladesh.
Key Details About the Whole Milk Powder (WMP) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Whole Milk Powder (WMP) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Whole Milk Powder (WMP) Price chart, including India Whole Milk Powder (WMP) price, USA Whole Milk Powder (WMP) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Whole Milk Powder (WMP) Price Trend:
Whole Milk Powder (WMP) is powdered milk that is obtained by processing fresh milk to attain a longer shelf-life. It has many applications in the commercial cooking and food manufacturing industries. The primary association of the product is with the food manufacturing units, where it is used as an additive that is preferred as a substitute for fresh milk. It is used in baking activities to produce eatables like cakes, pastries, cookies, etc. It can be reconstituted easily and is used to produce chocolates, candies, and other food items that use milk as one of the base ingredients.
Additionally, it has a longer shelf-life and is in dry form, making it easy to transport and use according to the requirements. The product can also be used in manufacturing dairy products on a commercial scale, such as yogurt, chocolates, curd, cheese, buttermilk, etc.
Key Players:
- Arla Foods Amba
- Dairy Farmers of America Inc
- Nestlé SA
- Danone S.A
- Westland Milk Products
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