Summary

The global buttermilk powder market is projected to witness substantial growth from 2024 to 2031, expanding at a value-based CAGR of 7.2%. Expected to increase from USD 3.11 billion in 2024 to around USD 5.09 billion by 2031, this growth is fueled by rising consumer demand for nutritious, processed food products and increasing applications in the food and animal feed industries.

Increasing health awareness and busy lifestyles are steering consumers toward processed foods, of which buttermilk powder is a key ingredient due to its health benefits and convenience. According to the USDA, processed foods are those that undergo preservation or transformation procedures, such as drying or packaging, to enhance shelf life and storage efficiency. As consumer preference for exotic flavors and nutritious ingredients grows, demand for buttermilk powder rises across applications in processed foods, especially in bakery, soups, and meat products.

Key Market Drivers

1.Substitute for Skimmed Milk Powder: Buttermilk powder is increasingly used as a substitute for skimmed milk powder, which contains oxidized cholesterol. Buttermilk powder, conversely, offers similar protein content with less health risk, boosting its popularity in applications requiring a rich dairy flavor.

2.High Solubility and Emulsifier Capacity: With higher solubility than skimmed milk powder, buttermilk powder is favored in food and beverage production, particularly where enhanced flavor and texture are desired. Its natural emulsifying properties also increase its use in culinary applications.

3.Rising Use in Animal Feed: Buttermilk powder’s composition of lactose, proteins, and minerals, along with its long shelf life, makes it a valuable component in animal feed, especially in pet and pig feed. Its phospholipid content supports feed cost efficiency without compromising nutritional value for animals.

4.Preference for Premium, Shelf-Stable Food Products: Busy lifestyles and higher disposable income drive demand for food products with long shelf life. Buttermilk powder meets these requirements due to its low moisture content, which helps prevent oxidation and increases its longevity.

Business Opportunity

With increasing consumer preference for convenient, healthy products, buttermilk powder offers significant business opportunities across the processed foods and animal feed sectors. The potential for buttermilk powder in these sectors is anticipated to grow due to its functional benefits and health advantages over traditional dairy products. As technology advances, leading companies are focusing on innovative packaging solutions to further extend product shelf life and meet consumer demand for stable, long-lasting ingredients.

Regional Analysis

•Europe: The largest regional market, Europe holds around 38% of the global buttermilk powder market share. This dominance is expected to persist, driven by growing awareness of health benefits and demand for premium food ingredients.

•North America: This region ranks as the second-largest market, with increased consumer awareness around shelf-stable food options supporting buttermilk powder adoption.

•East Asia: China leads the East Asian market with 72% market share, fueled by high demand for buttermilk powder in food applications and its robust manufacturing and distribution infrastructure.

Category-wise Insights

•End Use Segments: The food and beverage industry holds the largest share (42%) within end-use applications, as buttermilk powder is incorporated into sauces, soups, and meat products to deliver rich, exotic flavors.

•Distribution Channels: While business-to-business transactions represent the bulk of the market share, the business-to-consumer segment is poised for strong growth, with an anticipated CAGR of 8.5%, driven by consumer preference for purchasing from online retail, specialty stores, and supermarkets.

Competitive Analysis

Key players are investing in R&D to discover new applications for buttermilk powder in both food and non-food sectors. Companies like Hoogwegt Group, Continental Dairy Facilities LLC, All American Foods, Agropur, Fonterra Co-operative Group Limited, and California Dairies, Inc. are exploring innovative solutions for product enhancement and extending shelf life, contributing to increased product stability and versatility across various industries.

Key Players

•Hoogwegt Group

•Continental Dairy Facilities, LLC

•All American Foods

•Agropur

•DFA Ingredients Solutions

•Fonterra Co-operative Group Limited

•IPS-Ingredis

•Lactalis Ingredients

•North Cork Creameries

•NOW Health Group

•California Dairies, Inc

•Dairygold Deutschland Handels GmbH

•Westland Milk Products

•Uelzena Group

•Valio Ltd.

•GFN Foods Sales Inc.

•Numidia BV

•Bempresa

•ACE International LLP

•Michigan Milk Producer association

Buttermilk Powder Market Segmentation

By Nature:

•Organic

•Conventional

By End Use:

•Food & Beverage Industry

•Animal Feed Industry

•Foodservice Industry

•Retail/Households

By Distribution Channel:

•Business to Business

•Business to Consumer

oHypermarkets/Supermarkets

oConvenience Stores

oOnline Retail

oSpecialty Stores

By Region:

•North America

•Latin America

•Europe

•South Asia & Pacific

•East Asia

•Middle East & Africa

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Table of Contents

1. Executive Summary
1.1. Global Buttermilk Powder Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Price Analysis, 2019-2023
3.1. Global Average Price Analysis, by Nature, US$ Per Unit, 2019-2023
3.2. Prominent Factor Affecting Buttermilk Powder Prices
3.3. Global Average Price Analysis, by Region, US$ Per Unit
4. Global Buttermilk Powder Market Outlook, 2019-2031
4.1. Global Buttermilk Powder Market Outlook, by Nature, Value (US$ Bn) and Volume, 2019-2031
4.1.1. Key Highlights
4.1.1.1. Organic
4.1.1.2. Conventional
4.2. Global Buttermilk Powder Market Outlook, by Distribution Channel, Value (US$ Bn), 2019-2031
4.2.1. Key Highlights
4.2.1.1. Business to Business
4.2.1.2. Business to Consumer
4.2.1.2.1. Hypermarkets/Supermarkets
4.2.1.2.2. Convenience Stores
4.2.1.2.3. Online Retail
4.2.1.2.4. Specialty Stores
4.3. Global Buttermilk Powder Market Outlook, by End use, Value (US$ Bn, 2019-2031
4.3.1. Key Highlights
4.3.1.1. Food & Beverage Industry
4.3.1.2. Animal Feed Industry
4.3.1.3. Foodservice Industry
4.3.1.4. Retail/Households
4.4. Global Buttermilk Powder Market Outlook, by Region, Value (US$ Bn) and Volume, 2019-2031
4.4.1. Key Highlights
4.4.1.1. North America
4.4.1.2. Europe
4.4.1.3. Asia Pacific
4.4.1.4. Latin America
4.4.1.5. Middle East & Africa
5. North America Buttermilk Powder Market Outlook, 2019-2031
5.1. North America Buttermilk Powder Market Outlook, by Nature, Value (US$ Bn) and Volume, 2019-2031
5.1.1. Key Highlights
5.1.1.1. Organic
5.1.1.2. Conventional
5.2. North America Buttermilk Powder Market Outlook, by Distribution Channel, Value (US$ Bn), 2019-2031
5.2.1. Key Highlights
5.2.1.1. Business to Business
5.2.1.2. Business to Consumer
5.2.1.2.1. Hypermarkets/Supermarkets
5.2.1.2.2. Convenience Stores
5.2.1.2.3. Online Retail
5.2.1.2.4. Specialty Stores
5.3. North America Buttermilk Powder Market Outlook, by End use, Value (US$ Bn, 2019-2031
5.3.1. Key Highlights
5.3.1.1. Food & Beverage Industry
5.3.1.2. Animal Feed Industry
5.3.1.3. Foodservice Industry
5.3.1.4. Retail/Households
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. North America Buttermilk Powder Market Outlook, by Country, Value (US$ Bn) and Volume, 2019-2031
5.4.1. Key Highlights
5.4.1.1. U.S. Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
5.4.1.2. U.S. Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
5.4.1.3. U.S. Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
5.4.1.4. Canada Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
5.4.1.5. Canada Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
5.4.1.6. Canada Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Europe Buttermilk Powder Market Outlook, 2019-2031
6.1. Europe Buttermilk Powder Market Outlook, by Nature, Value (US$ Bn) and Volume, 2019-2031
6.1.1. Key Highlights
6.1.1.1. Organic
6.1.1.2. Conventional
6.2. Europe Buttermilk Powder Market Outlook, by Distribution Channel, Value (US$ Bn), 2019-2031
6.2.1. Key Highlights
6.2.1.1. Business to Business
6.2.1.2. Business to Consumer
6.2.1.2.1. Hypermarkets/Supermarkets
6.2.1.2.2. Convenience Stores
6.2.1.2.3. Online Retail
6.2.1.2.4. Specialty Stores
6.3. Europe Buttermilk Powder Market Outlook, by End use, Value (US$ Bn, 2019-2031
6.3.1. Key Highlights
6.3.1.1. Food & Beverage Industry
6.3.1.2. Animal Feed Industry
6.3.1.3. Foodservice Industry
6.3.1.4. Retail/Households
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Europe Buttermilk Powder Market Outlook, by Country, Value (US$ Bn) and Volume, 2019-2031
6.4.1. Key Highlights
6.4.1.1. Germany Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.2. Germany Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.3. Germany Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.1.4. U.K. Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.5. U.K. Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.6. U.K. Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.1.7. France Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.8. France Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.9. France Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.1.10. Italy Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.11. Italy Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.12. Italy Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.1.13. Turkey Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.14. Turkey Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.15. Turkey Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.1.16. Russia Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.17. Russia Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.18. Russia Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.1.19. Rest of Europe Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
6.4.1.20. Rest of Europe Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
6.4.1.21. Rest of Europe Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Asia Pacific Buttermilk Powder Market Outlook, 2019-2031
7.1. Asia Pacific Buttermilk Powder Market Outlook, by Nature, Value (US$ Bn) and Volume, 2019-2031
7.1.1. Key Highlights
7.1.1.1. Organic
7.1.1.2. Conventional
7.2. Asia Pacific Buttermilk Powder Market Outlook, by Distribution Channel, Value (US$ Bn), 2019-2031
7.2.1. Key Highlights
7.2.1.1. Business to Business
7.2.1.2. Business to Consumer
7.2.1.2.1. Hypermarkets/Supermarkets
7.2.1.2.2. Convenience Stores
7.2.1.2.3. Online Retail
7.2.1.2.4. Specialty Stores
7.3. Asia Pacific Buttermilk Powder Market Outlook, by End use, Value (US$ Bn, 2019-2031
7.3.1. Key Highlights
7.3.1.1. Food & Beverage Industry
7.3.1.2. Animal Feed Industry
7.3.1.3. Foodservice Industry
7.3.1.4. Retail/Households
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Asia Pacific Buttermilk Powder Market Outlook, by Country, Value (US$ Bn) and Volume, 2019-2031
7.4.1. Key Highlights
7.4.1.1. China Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
7.4.1.2. China Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
7.4.1.3. China Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
7.4.1.4. Japan Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
7.4.1.5. Japan Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
7.4.1.6. Japan Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
7.4.1.7. South Korea Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
7.4.1.8. South Korea Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
7.4.1.9. South Korea Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
7.4.1.10. India Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
7.4.1.11. India Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
7.4.1.12. India Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
7.4.1.13. Southeast Asia Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
7.4.1.14. Southeast Asia Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
7.4.1.15. Southeast Asia Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
7.4.1.16. Rest of Asia Pacific Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
7.4.1.17. Rest of Asia Pacific Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
7.4.1.18. Rest of Asia Pacific Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Latin America Buttermilk Powder Market Outlook, 2019-2031
8.1. Latin America Buttermilk Powder Market Outlook, by Nature, Value (US$ Bn) and Volume, 2019-2031
8.1.1. Key Highlights
8.1.1.1. Organic
8.1.1.2. Conventional
8.2. Latin America Buttermilk Powder Market Outlook, by Distribution Channel, Value (US$ Bn), 2019-2031
8.2.1. Key Highlights
8.2.1.1. Business to Business
8.2.1.2. Business to Consumer
8.2.1.2.1. Hypermarkets/Supermarkets
8.2.1.2.2. Convenience Stores
8.2.1.2.3. Online Retail
8.2.1.2.4. Specialty Stores
8.3. Latin America Buttermilk Powder Market Outlook, by End use, Value (US$ Bn, 2019-2031
8.3.1. Key Highlights
8.3.1.1. Food & Beverage Industry
8.3.1.2. Animal Feed Industry
8.3.1.3. Foodservice Industry
8.3.1.4. Retail/Households
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Latin America Buttermilk Powder Market Outlook, by Country, Value (US$ Bn) and Volume, 2019-2031
8.4.1. Key Highlights
8.4.1.1. Brazil Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
8.4.1.2. Brazil Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
8.4.1.3. Brazil Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
8.4.1.4. Mexico Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
8.4.1.5. Mexico Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
8.4.1.6. Mexico Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
8.4.1.7. Argentina Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
8.4.1.8. Argentina Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
8.4.1.9. Argentina Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
8.4.1.10. Rest of Latin America Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
8.4.1.11. Rest of Latin America Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
8.4.1.12. Rest of Latin America Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Middle East & Africa Buttermilk Powder Market Outlook, 2019-2031
9.1. Middle East & Africa Buttermilk Powder Market Outlook, by Nature, Value (US$ Bn) and Volume, 2019-2031
9.1.1. Key Highlights
9.1.1.1. Organic
9.1.1.2. Conventional
9.2. Middle East & Africa Buttermilk Powder Market Outlook, by Distribution Channel, Value (US$ Bn), 2019-2031
9.2.1. Key Highlights
9.2.1.1. Business to Business
9.2.1.2. Business to Consumer
9.2.1.2.1. Hypermarkets/Supermarkets
9.2.1.2.2. Convenience Stores
9.2.1.2.3. Online Retail
9.2.1.2.4. Specialty Stores
9.3. Middle East & Africa Buttermilk Powder Market Outlook, by End use, Value (US$ Bn, 2019-2031
9.3.1. Key Highlights
9.3.1.1. Food & Beverage Industry
9.3.1.2. Animal Feed Industry
9.3.1.3. Foodservice Industry
9.3.1.4. Retail/Households
9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Middle East & Africa Buttermilk Powder Market Outlook, by Country, Value (US$ Bn) and Volume, 2019-2031
9.4.1. Key Highlights
9.4.1.1. GCC Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
9.4.1.2. GCC Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
9.4.1.3. GCC Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
9.4.1.4. South Africa Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
9.4.1.5. South Africa Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
9.4.1.6. South Africa Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
9.4.1.7. Egypt Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
9.4.1.8. Egypt Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
9.4.1.9. Egypt Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
9.4.1.10. Nigeria Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
9.4.1.11. Nigeria Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
9.4.1.12. Nigeria Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
9.4.1.13. Rest of Middle East & Africa Buttermilk Powder Market by Nature, Value (US$ Bn) and Volume, 2019-2031
9.4.1.14. Rest of Middle East & Africa Buttermilk Powder Market by Distribution Channel, Value (US$ Bn), 2019-2031
9.4.1.15. Rest of Middle East & Africa Buttermilk Powder Market by End use, Value (US$ Bn), 2019-2031
9.4.2. BPS Analysis/Market Attractiveness Analysis
10. Competitive Landscape
10.1. Company Market Share Analysis, 2024
10.2. Competitive Dashboard
10.3. Company Profiles
10.3.1. Hoogwegt Group
10.3.1.1. Company Overview
10.3.1.2. Product Portfolio
10.3.1.3. Financial Overview
10.3.1.4. Business Strategies and Development
10.3.2. Continental Dairy Facilities, LLC
10.3.2.1. Company Overview
10.3.2.2. Product Portfolio
10.3.2.3. Financial Overview
10.3.2.4. Business Strategies and Development
10.3.3. All American Foods
10.3.3.1. Company Overview
10.3.3.2. Product Portfolio
10.3.3.3. Financial Overview
10.3.3.4. Business Strategies and Development
10.3.4. Agropur
10.3.4.1. Company Overview
10.3.4.2. Product Portfolio
10.3.4.3. Financial Overview
10.3.4.4. Business Strategies and Development
10.3.5. DFA Ingredients Solutions
10.3.5.1. Company Overview
10.3.5.2. Product Portfolio
10.3.5.3. Financial Overview
10.3.5.4. Business Strategies and Development
10.3.6. Fonterra Co-operative Group Limited
10.3.6.1. Company Overview
10.3.6.2. Product Portfolio
10.3.6.3. Financial Overview
10.3.6.4. Business Strategies and Development
10.3.7. IPS-Ingredis
10.3.7.1. Company Overview
10.3.7.2. Product Portfolio
10.3.7.3. Financial Overview
10.3.7.4. Business Strategies and Development
10.3.8. Lactalis Ingredients
10.3.8.1. Company Overview
10.3.8.2. Product Portfolio
10.3.8.3. Financial Overview
10.3.8.4. Business Strategies and Development
10.3.9. North Cork Creameries
10.3.9.1. Company Overview
10.3.9.2. Product Portfolio
10.3.9.3. Financial Overview
10.3.9.4. Business Strategies and Development
10.3.10. NOW Health Group
10.3.10.1. Company Overview
10.3.10.2. Product Portfolio
10.3.10.3. Financial Overview
10.3.10.4. Business Strategies and Development
10.3.11. California Dairies, Inc
10.3.11.1. Company Overview
10.3.11.2. Product Portfolio
10.3.11.3. Financial Overview
10.3.11.4. Business Strategies and Development
10.3.12. Dairygold Deutschland Handels GmbH
10.3.12.1. Company Overview
10.3.12.2. Product Portfolio
10.3.12.3. Financial Overview
10.3.12.4. Business Strategies and Development
10.3.13. Westland Milk Products
10.3.13.1. Company Overview
10.3.13.2. Product Portfolio
10.3.13.3. Financial Overview
10.3.13.4. Business Strategies and Development
10.3.14. Uelzena Group
10.3.14.1. Company Overview
10.3.14.2. Product Portfolio
10.3.14.3. Financial Overview
10.3.14.4. Business Strategies and Development
10.3.15. Valio Ltd.
10.3.15.1. Company Overview
10.3.15.2. Product Portfolio
10.3.15.3. Financial Overview
10.3.15.4. Business Strategies and Development
11. Appendix
11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations
List of Region/Countries

• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Turkey
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o South Korea
o India
o Southeast Asia
o Rest of Asia Pacific
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa