Global OPO Milk Powder Market Revenue Reached $7357 Million in 2023

OPO milk powder, also known as "breastfed milk powder", refers to the addition of an appropriate amount of nutrients to milk powder based on cow's or sheep's milk, making it closer to the nutritional composition of breast milk. OPO is a type of fat structure, whereas traditional formula contains a POP structure. Compared to the POP structure, OPO molecules can reduce the formation of calcium soap, thereby helping infants reduce constipation.

The ingredients of OPO milk powder include protein, vitamins, minerals, etc. while removing most of the saturated fatty acids and adding vegetable oil, DHA (docosahexaenoic acid, commonly known as brain gold), AA (arachidonic acid), and other ingredients. In addition, OPO milk powder also contains lactose, which is close to human milk in sugar content and reduces mineral content to reduce the burden on infants’ and young children's kidneys.

Segmented Market Analysis

From the perspective of product types, the OPO milk powder market mainly includes two product types: OPO cow milk powder and OPO goat milk powder. Among them, OPO cow milk powder occupies a dominant position in the market. According to our research data, the global sales volume of OPO cow milk powder was 149.70 million cans in 2023, with a revenue of $4432 million in this segment and a market share of 60.24%.

In terms of regional distribution, the Asia-Pacific region is the world's largest revenue and main growth market for OPO milk powder. Data shows that the sales volume of OPO milk powder in the Asia-Pacific region was 159.04 million cans in 2023, with a market revenue of $5325 million, accounting for 72.38% of the global total revenue. The performance of the OPO milk powder market is particularly outstanding in countries such as China, Japan, and South Korea in the Asia-Pacific region. The growing demand for high-quality and nutritious infant formula in these countries provides broad development space for the OPO milk powder market.

Global OPO Milk Powder Sales Volume, Market Revenue, and Revenue Share by Type and Region in 2023

 

Sales Volume (Million Cans)

Market Revenue (Million USD)

Revenue Share

Segmented by Type

Cow Milk Powder

149.70

4432

60.24%

Goat Milk Powder

81.41

2925

39.76%

Segmented by Region

North America

22.19

638

8.67%

Europe

36.80

1043

14.18%

Asia

159.04

5325

72.38%

South America

7.24

195

2.65%

Middle East & Africa

5.83

156

2.12%

Source: www.globalmarketmonitor.com

Analysis of Driving Factors for Market Development
Consumer upgrading: With the development of the economy and the pursuit of high-quality life by consumers, more and more parents are willing to invest more energy and financial resources in their children's health and growth, which has driven the growth of the OPO milk powder market.
Policy support: The policy support from governments around the world in infant and toddler nutrition has also provided strong support for the development of the OPO milk powder market. For example, the "two children" and "three children" policies implemented by the Chinese government, as well as the "Healthy China" strategy, provide more opportunities and space for the OPO milk powder market.
Technological innovation: With the continuous progress and innovation of technology, the production technology and process of OPO milk powder are also constantly improving and perfecting, thereby improving the quality and safety of products and meeting the demand of consumers for high-quality infant formula.
Overview of Market Development and Analysis Of Competitive Landscape
The global OPO milk powder market has shown a steady growth trend in recent years. Data shows that the total revenue of the global OPO milk powder market reachec $7357 million in 2023. In the coming years, with the improvement of people's living standards and the increasing attention to infant and young child nutrition, it is expected that the demand for OPO milk powder market will further expand. Meanwhile, with the advancement of technology and the reduction of production costs, the price of OPO milk powder is expected to gradually decrease, further promoting the popularization and development of the market. It is expected that by 2026, the total revenue of the global OPO milk powder market will increase to $9498 million.
From the perspective of market competition, the concentration of the global OPO milk powder market is moderate. Data shows that in 2023, the top 3 companies in the industry had a total revenue of $2771 million for OPO milk powder, with a total revenue share of 37.67%. The top three companies were Nestle, Feihe, and Kabrita (Ausnutria). In 2023, these three companies accounted for 15.36%, 13.75%, and 8.56% of the global market revenue in the OPO milk powder market, respectively.
Global OPO Milk Powder Market Revenue Forecast and Competition Pattern Analysis  

Global OPO Milk Powder Market Revenue Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "China OPO Milk Powder Industry Market Research Report 2023-2029".

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