Global Dry Whole Milk Powder Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Regular, Instant, UHT, Caramelized and Organic.

By Sales Channel;

Modern Trade, Traditional Grocery Store, Convenience Stores, Online Channels, Other Retail Formats and Direct Slaes.

By Application;

Home Reconstitutions, Dairy Whiteners, Bakery and Confectionery, Desserts, Ice-cream, Dairy Blends, Snacks, Nutritional Supplements and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn111757976 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Dry Whole Milk Powder Market (USD Million), 2021 - 2031

In the year 2024, the Global Dry Whole Milk Powder Market was valued at USD 12,459.91 million. The size of this market is expected to increase to USD 15,324.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.

The global dry whole milk powder market has experienced robust growth in recent years, driven by increasing demand across various applications. One significant factor contributing to this expansion is the rising popularity of convenience foods and beverages. Dry whole milk powder serves as a versatile ingredient in the production of instant beverages, bakery products, confectioneries, and nutritional supplements, thereby widening its market appeal.

The growing awareness among consumers regarding the nutritional benefits of milk powder, such as its high protein content and longer shelf life compared to liquid milk, has further propelled market growth. This trend is particularly evident in regions where access to fresh dairy products is limited or where convenience plays a crucial role in consumer purchasing decisions.

Additionally, the food processing industry's preference for dry whole milk powder due to its ease of transportation, storage, and handling has bolstered its adoption in food manufacturing operations. Manufacturers benefit from the extended shelf life of milk powder, which helps reduce food waste and ensures product availability even in remote or underserved areas.

Advancements in milk powder production technologies, such as spray drying and evaporation, have enhanced the quality and sensory attributes of dry whole milk powder, meeting stringent food safety standards and consumer expectations globally. As a result, the market continues to expand, driven by both domestic consumption and international trade, catering to diverse consumer preferences and industry demands worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Dry Whole Milk Powder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Nutritious and Long Shelf-life Products
        2. Rising Disposable Incomes in Emerging Markets
        3. Versatility in Food Applications
      2. Restraints
        1. Volatile Milk Prices
        2. Stringent Regulatory Standards
        3. Health Concerns and Alternatives
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Product Innovation and Diversification
        3. E-commerce and Direct-to-Consumer Channels
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Dry Whole Milk Powder Market, By Product Type, 2023 - 2033 (USD Million)
      1. Regular
      2. Instant
      3. UHT
      4. Caramelized
      5. Organic
    2. Global Dry Whole Milk Powder Market, By Sales Channel, 2023 - 2033 (USD Million)
      1. Modern Trade
      2. Traditional Grocery Store
      3. Convenience Stores
      4. Online Channels
      5. Other Retail Formats
      6. Direct Slaes
    3. Global Dry Whole Milk Powder Market, By Application, 2023 - 2033 (USD Million)
      1. Home Reconstitutions
      2. Dairy Whiteners
      3. Bakery and Confectionery
      4. Desserts
      5. Ice-cream
      6. Dairy Blends
      7. Snacks
      8. Nutritional Supplements
      9. Others
    4. Global Dry Whole Milk Powder Market, By Geography, 2023 - 2033 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nestle
      2. Lactalis Group
      3. Fonterra
      4. Friesland Campina
      5. Danone
      6. Belgomilk
      7. Dana Dairy
      8. Saputo Ingredients
      9. Amul
  7. Analyst Views
  8. Future Outlook of the Market