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

By Type;

Regular whole milk powder and Instant whole milk powder.

By source ;

Cows, Sheep, Goats, Buffalos, Donkey.

By Distribution channel;

Food Manufacturers, Food Services.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn412902927 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Whole Milk Powder Market was valued at USD 18,717.62 million. The size of this market is expected to increase to USD 24,714.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.

The global whole milk powder market is a significant segment within the dairy industry, driven by its versatile applications in food processing, infant formula, and nutritional supplements. Whole milk powder, derived from evaporating milk to dryness, retains the nutrients and richness of fresh milk, making it a popular choice for various culinary and industrial purposes worldwide.

Key factors influencing the market include increasing consumer demand for convenient and shelf-stable dairy products, especially in regions where fresh milk availability is limited. The market's growth is also propelled by the rising adoption of whole milk powder in bakery, confectionery, and dairy product formulations due to its extended shelf life and nutritional benefits.

Geographically, major producers and consumers of whole milk powder include regions like Europe, Oceania (particularly New Zealand and Australia), and North America, where dairy farming and processing infrastructure are well-established. Market dynamics are shaped by factors such as fluctuating milk production, technological advancements in drying and packaging processes, and evolving consumer preferences towards healthier and sustainable food options.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By source
    3. Market Snapshot, By Distribution channel
    4. Market Snapshot, By Region
  4. Global Whole Milk Powder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Consumer Demand
        2. Long Shelf Life
        3. Versatile Applications
      2. Restraints
        1. Price Volatility
        2. Competition from Alternatives
        3. Environmental Concerns
      3. Opportunities
        1. Emerging Markets
        2. Product Innovation
        3. Health-Conscious Consumers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
  5. Market Segmentation
    1. Global Whole Milk Powder Market, By Type, 2021 - 2031 (USD Million)
      1. Regular whole milk powder
      2. Instant whole milk powder
      3. Global Whole Milk Powder Market, By source, 2021 - 2031 (USD Million)
        1. Cows
        2. Sheep
        3. Goats
        4. Buffalos
        5. Donkey
    2. Global Whole Milk Powder Market, By Distribution channel, 2021 - 2031 (USD Million)
      1. Food Manufacturers
      2. Food Services
    3. Global Whole Milk Powder Market, By Geography, 2021 - 2031 (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. Arla Foods amba
      2. Dairy Farmers of America Inc.
      3. Danone SA
      4. Fonterra Co-operative Group
      5. Nestl SA
  7. Analyst Views
  8. Future Outlook of the Market