Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
The global whole milk powder market attained a volume of 6.38 million tons in 2023, growing at CAGR of 3.1% between 2024 and 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Whole Milk Powder Market Analysis
The major factors driving the growth of the whole milk powder industry are the impressive functional properties of the product and the ease of transportation. The large number of functional properties, including hydration, colour emulsification, foaming and thickening, and dispersibility, is contributing to its increased utilisation in various food and beverage applications. It finds applications in the manufacturing of bakery products, breakfast cereals, chocolates, coffee whiteners, dairy-based deserts, milkshakes, soups and sauces, and toffees. In comparison to milk, whole milk powder is easy to handle and does not possess the threat of spillage during its transportation over long distances. Other factors such as longer shelf-life of the product, its utilisation in the preparation of recombined milk, thriving food-manufacturing industry, and increasing global population are driving the overall product demand.
Moreover, the growth of the retail sector is boosting the product sales. The growing popularity of online platforms allows consumers to make hassle-free purchases. Also, the extensive promotional activities conducted by the key players have been able to capture consumers' attention, thus, aiding the industry further.
The growing demand for premium products and the growing penetration of key players in both developed and developing nations is significantly contributing to the industry growth. Over the forecast period, constant product innovations and the launch of a new range of whole milk powder like lactose-free variants are expected to aid the industry growth.
Whole Milk Powder Market Report Snapshots
Whole Milk Powder Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
In 2023, the global whole milk powder market attained a volume of nearly 6.38 million metric tons.
The market is projected to grow at a CAGR of 3.1% between 2024 and 2032.
The major drivers of the market are rising disposable incomes, thriving retail sector, growing shift towards dairy products, increased focus on food fortification, longer shelf life of the product, and growing technological advancements.
The key trends guiding the growth of the market include the launch of lactose-free whole milk powder variants with enhanced functional properties and the ease of availability.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Dairy, infant formula, bakery, and confectionery are the major end uses of whole milk powder in the market.
The major players in the market are Lactalis International, Nestle SA, Dairy Farmers of America, Danone SA, and Fonterra Co-operative Group, among others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124