The net worth of the market share of dry whole milk powder is predicted to grow from USD 12.1 billion in 2023 to over USD 17.23 Billion by 2033. Due to its extended shelf life, dry whole milk powder addresses the perishability concerns of fresh dairy products. The market is expected to register a CAGR of 3.5% from 2023 to 2033.
Dry milk powder doesn't suffer from significant quality loss over the course of a year, which alleviates concerns about fresh dairy products' perishability. The longer shelf life of powdered milk influences the sales of dry whole milk powder.
In places where temperature extremes occur, and where cold chains are not reliable for delivering perishable dairy products, milk powder is especially useful. The market for dry whole milk powder is also expanding because of its advantages over liquid milk in terms of low volume and weight for transportation.
While lactose intolerance is projected to exert a restraint on the growth of the market. Also fluctuating raw material prices may impede the growth of the global dry whole milk powder market. Furthermore, new opportunities for the market are expected as the demand for nutritious food products increases. Moreover, the expansion of regulations in the processed food industry.
Impact Factors for Dry Whole Milk Powder:
| Attributes | Details |
|---|---|
| Dry Whole Milk Powder Market Value (2023) | USD 12.1 Billion |
| Dry Whole Milk Powder Market Expected Value (2033) | USD 17.23 Billion |
| Dry Whole Milk Powder Market Projected CAGR (2023 to 2033) | 3.5% |
In addition to ice cream, cultured milk, yogurt, chocolate, confectionery, bakery products, soups, and sauces, milk powder is an ingredient in numerous food products. The demand for dry whole milk powders grew steadily over the past years in the food sector.
Dried whole milk powder can be used in a variety of products, including dairy items, confectionery items, infant formula, nutrient supplements, and as a saturating agent in biotechnology. Furthermore, whole dry milk offers a richer, creamier taste and contains more nutrients than its alternatives, including skimmed milk. However, consumers with lactose intolerance prefer to buy skimmed milk for its low-fat content.
Short Term (2022 to 2025): Following the outbreak of the pandemic, consumers began stockpiling food products, which increased the demand for shelf-stable foods. Having a longer shelf life than liquid milk, consumers started buying milk powder instead of liquid milk. To capitalize on this trend, manufacturers introduced highly enriched milk powder.
Medium Term (2025 to 2028): A variety of factors such as the increasing use of powdered milk in baby foods and the presence of vitamins C, B12, thiamine, and high amounts of protein contribute to the growth of the milk market worldwide.
Long Term (2028 to 2033): In comparison to other whey products, powdered whole milk is most commonly used by food manufacturers. If other developing countries follow suit, the market for milk powder will grow dramatically during the outlook period. Whole milk powder is primarily consumed by food manufacturers in the United States. Using whole milk powder in an environmentally-friendly manner has become a priority for food manufacturers and scientists in recent years.
| Historical CAGR | 4.80% |
|---|---|
| Historical Market Value (2022) | USD 11.8 Billion |
| Forecast CAGR | 3.50% |
Rising Demand for Nutritional Food Products
The overall demand for baby or infant formula has increased following the rise in breast cancer incidences and women's increasing involvement in household responsibilities. According to a report published by LA Leche League International in 2021, approximately 41% of babies worldwide are exclusively breastfed for six months, and only 45% continue to do so for up to two years.
In addition, there are large differences in breastfeeding rates across regions. This illustrates the difficulties of breastfeeding globally, which leads to high demand for infant or baby formula. Furthermore, WHO estimates that nearly 2.3 million women across the globe will suffer from breast cancer by 2020, killing 685,000 of them.
Furthermore, malnutrition among children and nutrient deficiencies are also pushing the demand for dietary supplements. A report reported that nearly 35 percent of Indian children are stunted by the age of five. Even so, dry whole milk has become an integral part of food aid supplies distributed by the United Nations in war-torn or impoverished regions of the African continent.
With Rapid Urbanization, Growing Tea Consumption, and Soaring Disposable Income Levels, Market Demand is Expected to Soar
The lifestyle of urban dwellers is dynamic and eventful. Therefore, dry whole milk is a staple in consumers' lives due to its long shelf life. There is approximately 59 percent of the world's population (4.46 billion) lives in urban areas, but this number is expected to increase to 68 percent (6.68 billion) by the year 2020.
Furthermore, the market has been supported by a rise in tea consumption in both developed and developing countries. US tea consumption reached 3.9 billion gallons in 2021, according to the Tea Association of the USA.
Meanwhile, Turkish tea consumption per capita reached 3.16 kg. In addition, the growing disposable incomes of consumers in developed, as well as developing countries, have encouraged the growth of this market.
Reduction in Storage and Transportation Costs
In addition to being an inexpensive source of dairy products, whole milk powder is an easily reconstituted solid form of the liquid milk that is easily reconstituted. The cost of storing and transporting liquid milk can be reduced by using whole milk powder instead of liquid milk.
As a result of the reduction of storage space and the uncooled shipping and storage of undiluted milk powder, cost savings are achieved.
The number of vegans is increasing slowly as animal welfare organizations increase their efforts to promote animal cruelty awareness. In 2021 alone, the Vegan Society registered 16,439 products with The Vegan Trademark, according to statistics published by a charity firm, the Vegan Society.
Moreover, the Vegan Trademark is present in 87 countries around the world, with more than 50% of products registered coming from companies based outside of the UK.
Depending on the source, the market can be segmented into cow, buffalo, sheep, and camel milk, with cow milk holding the largest share in 2023. This growth is due to its cost-effective and nutrient-rich nature.
Consumption of cow milk is beneficial in inhibiting bacterial growth, reducing high blood pressure, and augmenting bone development because of its iodine, vitamin B12, whey, and casein content. Cow milk has become a primary ingredient for confectionery manufacturers globally.
In India, it is used for many desserts, including Gulab Jamun and Chum Chum (the most popular sweets or desserts). It is also used in several nut butter recipes to absorb the oil, but over the forecast period, cow and camel milk is expected to grow at the fastest rate with a CAGR of 4.2%.
Due to its calcium, iron, and potassium-rich nature camel milk plays a significant role in promoting body growth. This growth is owing to rising incidences of stunting caused by malnutrition.
The global dry whole milk powder market in terms of product type is segmented into regular, instant, UHT, caramelized, and organic. Among all, the instant segment holds dominance with the segment expected to represent 29.4% of the market by the end of 2023.
The instant dry whole milk powder segment is expected to expand at an attractive 4.7% CAGR in the forecast period. This will enable the segment to become worth USD 4144.13 Million by the end of 2023.
| Segment | Product Type |
|---|---|
| Attributes | Instant |
| Details (CAGR) | 4.70% |
| Market Share | 29.40% |
| Market Value | USD 4144.13 Million |
Depending on the distribution channel, the market can be further segmented into offline and online segments. The offline segment held the largest share in 2023.
Convenience and modern lifestyles are responsible for the growth, along with an increase in supermarkets/hypermarkets throughout the world, particularly in developing countries. Convenient and comfortable shopping that saves consumers time, sweeping urbanization, migration from rural areas to urban areas in search of better lifestyles, and an increase in demand due to the growth of the population.
However, the online segment is expected to grow at the fastest rate with a CAGR of 3.5% over the forecast period. The proliferating dominance of online shopping platforms is responsible for this growth, as they provide a variety of advantages, including tranquility and economics.
Further factors aiding demand include an increase in smartphone users, a rise in tech-savvy people, and the growing trend of work-at-home jobs.
The Asia Pacific region is currently the most attractive market for dry whole milk powder and is poised to dominate the overall market. The rising purchasing power of emerging economies in the Asia Pacific is contributing to the growth of this region's economy.
By the end of 2023, the Asia Pacific dry whole milk powder market is expected to reach USD 9121.74 Million at a 5.4% CAGR. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.7% respectively.
The United States has been leading in the North American dry whole milk powder industry for the past decade and is predicted to maintain its lead throughout the forecast period. The highly advanced food sector and increase in investment by key manufacturers are boosting the demand growth in the USA
With a CAGR of 4.5%, the dry whole milk powder market in the United States is expected to reach USD 5.49 Billion by 2033. The high disposable income per capita and the fast-paced lifestyle of people have contributed to this trend. Furthermore, the whole milk powder business in this country should grow as a result of the availability of various types of fortified whole milk powder.
The growth of the market in China is owing to factors such as the high consumption of dairy and associated products. China is known for its large consumption of dry whole milk powder. China’s consumption was recorded at 2,185 thousand metric tons in 2020.
Nevertheless, China is expected to be the fastest-growing country over the forecast period. China’s dry whole milk powder market is expected to reach USD 5.49 Billion by 2033 at a 7.2% CAGR. The reason for this growth is a large working population, increased middle-class consumption, rapid urbanization, eventful lifestyles, and rising disposable incomes.
However, government initiatives to promote domestic industries have further contributed to the growth of the market in the said country.
Start-ups Leverage Processing Technologies and Microbiology: The Dry Whole Milk Powder Market
A prominent application of whole milk powder in the manufacturing of chocolate is the advent of various food fortification techniques and processing technologies. As a result, the global dry whole milk powder market has seen growth due to advancements in the confectionery industry.
As a result of advancements made in microbiology and bioengineering, companies can vary the taste and nutritional profile of their products. Additionally, they can prolong the shelf life of products. Additionally, developing products with different wettability and dispersibility will drive the dry whole milk powder market by allowing end-use applications to expand. Players are focusing on offering the best quality consistently.
Multi-performance variants are being introduced by several manufacturers to expand their product portfolios and attract consumers from various industry verticals. Mergers and acquisitions are among the strategies employed by companies to improve their position in the market.
By implementing these strategies, the company has become more competitive and improved its market position. For instance, the growing demand for functional foods that boost immunity led Jatenergy to launch two lactoferrin-enriched milk powders in June 2020.
The global dry whole milk powder market is growing at a steady pace. To capitalize on existing opportunities, key players are focusing on launching quality products and acquiring existing companies.
Moreover, these major players are introducing innovative products in the market to attract more consumer base which may help them to expand their geographical presence and hold on the market. For instance,
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2023 |
| Market Analysis | USD Million for Value and MT for Volume |
| Key Regions Covered | North America; Latin America; Europe; The Middle East and Africa (MEA); East Asia |
| Key Countries Covered | USA, Canada, Brazil, Mexico, Chile, Peru, Germany, UK, Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Turkey |
| Key Segments Covered | Source, Category, Drying Technique, Application, Distribution channel, Packaging, Region |
| Key Companies Profiled | American Dairy Products Institute.; AgMotion, Inc.; Agri-Dairy Products Inc.; Alamfoods Inc.; Global DairyTrade Holdings Limited; The LittleOak Company; Bluegrass Ingredients, Inc.; Breen Dairy Trading, Inc.; Cayuga Milk Ingredients; Chicago Dairy Corporation; Clofine Dairy; All American Foods; Dairy Trade USA LLC.; Nestle; Lactalis Group; Fonterra Co-operative Group Limited; DANA DAIRY GROUP; Saputo Inc.; Amul Dairy Anand |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Tons) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Category, 2018 to 2033
Table 4: Global Market Volume (Tons) Forecast by Category, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Source, 2018 to 2033
Table 6: Global Market Volume (Tons) Forecast by Source, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by Drying Technique, 2018 to 2033
Table 8: Global Market Volume (Tons) Forecast by Drying Technique, 2018 to 2033
Table 9: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 10: Global Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 11: Global Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033
Table 12: Global Market Volume (Tons) Forecast by Distribution Channel, 2018 to 2033
Table 13: Global Market Value (US$ Million) Forecast by Packaging, 2018 to 2033
Table 14: Global Market Volume (Tons) Forecast by Packaging, 2018 to 2033
Table 15: Global Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 16: Global Market Volume (Tons) Forecast by End User, 2018 to 2033
Table 17: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: North America Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 19: North America Market Value (US$ Million) Forecast by Category, 2018 to 2033
Table 20: North America Market Volume (Tons) Forecast by Category, 2018 to 2033
Table 21: North America Market Value (US$ Million) Forecast by Source, 2018 to 2033
Table 22: North America Market Volume (Tons) Forecast by Source, 2018 to 2033
Table 23: North America Market Value (US$ Million) Forecast by Drying Technique, 2018 to 2033
Table 24: North America Market Volume (Tons) Forecast by Drying Technique, 2018 to 2033
Table 25: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 26: North America Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 27: North America Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033
Table 28: North America Market Volume (Tons) Forecast by Distribution Channel, 2018 to 2033
Table 29: North America Market Value (US$ Million) Forecast by Packaging, 2018 to 2033
Table 30: North America Market Volume (Tons) Forecast by Packaging, 2018 to 2033
Table 31: North America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 32: North America Market Volume (Tons) Forecast by End User, 2018 to 2033
Table 33: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 34: Latin America Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 35: Latin America Market Value (US$ Million) Forecast by Category, 2018 to 2033
Table 36: Latin America Market Volume (Tons) Forecast by Category, 2018 to 2033
Table 37: Latin America Market Value (US$ Million) Forecast by Source, 2018 to 2033
Table 38: Latin America Market Volume (Tons) Forecast by Source, 2018 to 2033
Table 39: Latin America Market Value (US$ Million) Forecast by Drying Technique, 2018 to 2033
Table 40: Latin America Market Volume (Tons) Forecast by Drying Technique, 2018 to 2033
Table 41: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 42: Latin America Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 43: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033
Table 44: Latin America Market Volume (Tons) Forecast by Distribution Channel, 2018 to 2033
Table 45: Latin America Market Value (US$ Million) Forecast by Packaging, 2018 to 2033
Table 46: Latin America Market Volume (Tons) Forecast by Packaging, 2018 to 2033
Table 47: Latin America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 48: Latin America Market Volume (Tons) Forecast by End User, 2018 to 2033
Table 49: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 50: Europe Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 51: Europe Market Value (US$ Million) Forecast by Category, 2018 to 2033
Table 52: Europe Market Volume (Tons) Forecast by Category, 2018 to 2033
Table 53: Europe Market Value (US$ Million) Forecast by Source, 2018 to 2033
Table 54: Europe Market Volume (Tons) Forecast by Source, 2018 to 2033
Table 55: Europe Market Value (US$ Million) Forecast by Drying Technique, 2018 to 2033
Table 56: Europe Market Volume (Tons) Forecast by Drying Technique, 2018 to 2033
Table 57: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 58: Europe Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 59: Europe Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033
Table 60: Europe Market Volume (Tons) Forecast by Distribution Channel, 2018 to 2033
Table 61: Europe Market Value (US$ Million) Forecast by Packaging, 2018 to 2033
Table 62: Europe Market Volume (Tons) Forecast by Packaging, 2018 to 2033
Table 63: Europe Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 64: Europe Market Volume (Tons) Forecast by End User, 2018 to 2033
Table 65: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 66: Asia Pacific Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 67: Asia Pacific Market Value (US$ Million) Forecast by Category, 2018 to 2033
Table 68: Asia Pacific Market Volume (Tons) Forecast by Category, 2018 to 2033
Table 69: Asia Pacific Market Value (US$ Million) Forecast by Source, 2018 to 2033
Table 70: Asia Pacific Market Volume (Tons) Forecast by Source, 2018 to 2033
Table 71: Asia Pacific Market Value (US$ Million) Forecast by Drying Technique, 2018 to 2033
Table 72: Asia Pacific Market Volume (Tons) Forecast by Drying Technique, 2018 to 2033
Table 73: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 74: Asia Pacific Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 75: Asia Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033
Table 76: Asia Pacific Market Volume (Tons) Forecast by Distribution Channel, 2018 to 2033
Table 77: Asia Pacific Market Value (US$ Million) Forecast by Packaging, 2018 to 2033
Table 78: Asia Pacific Market Volume (Tons) Forecast by Packaging, 2018 to 2033
Table 79: Asia Pacific Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 80: Asia Pacific Market Volume (Tons) Forecast by End User, 2018 to 2033
Table 81: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 82: MEA Market Volume (Tons) Forecast by Country, 2018 to 2033
Table 83: MEA Market Value (US$ Million) Forecast by Category, 2018 to 2033
Table 84: MEA Market Volume (Tons) Forecast by Category, 2018 to 2033
Table 85: MEA Market Value (US$ Million) Forecast by Source, 2018 to 2033
Table 86: MEA Market Volume (Tons) Forecast by Source, 2018 to 2033
Table 87: MEA Market Value (US$ Million) Forecast by Drying Technique, 2018 to 2033
Table 88: MEA Market Volume (Tons) Forecast by Drying Technique, 2018 to 2033
Table 89: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 90: MEA Market Volume (Tons) Forecast by Application, 2018 to 2033
Table 91: MEA Market Value (US$ Million) Forecast by Distribution Channel, 2018 to 2033
Table 92: MEA Market Volume (Tons) Forecast by Distribution Channel, 2018 to 2033
Table 93: MEA Market Value (US$ Million) Forecast by Packaging, 2018 to 2033
Table 94: MEA Market Volume (Tons) Forecast by Packaging, 2018 to 2033
Table 95: MEA Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 96: MEA Market Volume (Tons) Forecast by End User, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Category, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Source, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Drying Technique, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 5: Global Market Value (US$ Million) by Distribution Channel, 2023 to 2033
Figure 6: Global Market Value (US$ Million) by Packaging, 2023 to 2033
Figure 7: Global Market Value (US$ Million) by End User, 2023 to 2033
Figure 8: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 9: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 10: Global Market Volume (Tons) Analysis by Region, 2018 to 2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 13: Global Market Value (US$ Million) Analysis by Category, 2018 to 2033
Figure 14: Global Market Volume (Tons) Analysis by Category, 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Category, 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Category, 2023 to 2033
Figure 17: Global Market Value (US$ Million) Analysis by Source, 2018 to 2033
Figure 18: Global Market Volume (Tons) Analysis by Source, 2018 to 2033
Figure 19: Global Market Value Share (%) and BPS Analysis by Source, 2023 to 2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033
Figure 21: Global Market Value (US$ Million) Analysis by Drying Technique, 2018 to 2033
Figure 22: Global Market Volume (Tons) Analysis by Drying Technique, 2018 to 2033
Figure 23: Global Market Value Share (%) and BPS Analysis by Drying Technique, 2023 to 2033
Figure 24: Global Market Y-o-Y Growth (%) Projections by Drying Technique, 2023 to 2033
Figure 25: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 26: Global Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 27: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 28: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 29: Global Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033
Figure 30: Global Market Volume (Tons) Analysis by Distribution Channel, 2018 to 2033
Figure 31: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033
Figure 32: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033
Figure 33: Global Market Value (US$ Million) Analysis by Packaging, 2018 to 2033
Figure 34: Global Market Volume (Tons) Analysis by Packaging, 2018 to 2033
Figure 35: Global Market Value Share (%) and BPS Analysis by Packaging, 2023 to 2033
Figure 36: Global Market Y-o-Y Growth (%) Projections by Packaging, 2023 to 2033
Figure 37: Global Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 38: Global Market Volume (Tons) Analysis by End User, 2018 to 2033
Figure 39: Global Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 40: Global Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 41: Global Market Attractiveness by Category, 2023 to 2033
Figure 42: Global Market Attractiveness by Source, 2023 to 2033
Figure 43: Global Market Attractiveness by Drying Technique, 2023 to 2033
Figure 44: Global Market Attractiveness by Application, 2023 to 2033
Figure 45: Global Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 46: Global Market Attractiveness by Packaging, 2023 to 2033
Figure 47: Global Market Attractiveness by End User, 2023 to 2033
Figure 48: Global Market Attractiveness by Region, 2023 to 2033
Figure 49: North America Market Value (US$ Million) by Category, 2023 to 2033
Figure 50: North America Market Value (US$ Million) by Source, 2023 to 2033
Figure 51: North America Market Value (US$ Million) by Drying Technique, 2023 to 2033
Figure 52: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 53: North America Market Value (US$ Million) by Distribution Channel, 2023 to 2033
Figure 54: North America Market Value (US$ Million) by Packaging, 2023 to 2033
Figure 55: North America Market Value (US$ Million) by End User, 2023 to 2033
Figure 56: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 57: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 58: North America Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 59: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 60: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 61: North America Market Value (US$ Million) Analysis by Category, 2018 to 2033
Figure 62: North America Market Volume (Tons) Analysis by Category, 2018 to 2033
Figure 63: North America Market Value Share (%) and BPS Analysis by Category, 2023 to 2033
Figure 64: North America Market Y-o-Y Growth (%) Projections by Category, 2023 to 2033
Figure 65: North America Market Value (US$ Million) Analysis by Source, 2018 to 2033
Figure 66: North America Market Volume (Tons) Analysis by Source, 2018 to 2033
Figure 67: North America Market Value Share (%) and BPS Analysis by Source, 2023 to 2033
Figure 68: North America Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033
Figure 69: North America Market Value (US$ Million) Analysis by Drying Technique, 2018 to 2033
Figure 70: North America Market Volume (Tons) Analysis by Drying Technique, 2018 to 2033
Figure 71: North America Market Value Share (%) and BPS Analysis by Drying Technique, 2023 to 2033
Figure 72: North America Market Y-o-Y Growth (%) Projections by Drying Technique, 2023 to 2033
Figure 73: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 74: North America Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 75: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 76: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 77: North America Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033
Figure 78: North America Market Volume (Tons) Analysis by Distribution Channel, 2018 to 2033
Figure 79: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033
Figure 80: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033
Figure 81: North America Market Value (US$ Million) Analysis by Packaging, 2018 to 2033
Figure 82: North America Market Volume (Tons) Analysis by Packaging, 2018 to 2033
Figure 83: North America Market Value Share (%) and BPS Analysis by Packaging, 2023 to 2033
Figure 84: North America Market Y-o-Y Growth (%) Projections by Packaging, 2023 to 2033
Figure 85: North America Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 86: North America Market Volume (Tons) Analysis by End User, 2018 to 2033
Figure 87: North America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 88: North America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 89: North America Market Attractiveness by Category, 2023 to 2033
Figure 90: North America Market Attractiveness by Source, 2023 to 2033
Figure 91: North America Market Attractiveness by Drying Technique, 2023 to 2033
Figure 92: North America Market Attractiveness by Application, 2023 to 2033
Figure 93: North America Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 94: North America Market Attractiveness by Packaging, 2023 to 2033
Figure 95: North America Market Attractiveness by End User, 2023 to 2033
Figure 96: North America Market Attractiveness by Country, 2023 to 2033
Figure 97: Latin America Market Value (US$ Million) by Category, 2023 to 2033
Figure 98: Latin America Market Value (US$ Million) by Source, 2023 to 2033
Figure 99: Latin America Market Value (US$ Million) by Drying Technique, 2023 to 2033
Figure 100: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 101: Latin America Market Value (US$ Million) by Distribution Channel, 2023 to 2033
Figure 102: Latin America Market Value (US$ Million) by Packaging, 2023 to 2033
Figure 103: Latin America Market Value (US$ Million) by End User, 2023 to 2033
Figure 104: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: Latin America Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 107: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 108: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 109: Latin America Market Value (US$ Million) Analysis by Category, 2018 to 2033
Figure 110: Latin America Market Volume (Tons) Analysis by Category, 2018 to 2033
Figure 111: Latin America Market Value Share (%) and BPS Analysis by Category, 2023 to 2033
Figure 112: Latin America Market Y-o-Y Growth (%) Projections by Category, 2023 to 2033
Figure 113: Latin America Market Value (US$ Million) Analysis by Source, 2018 to 2033
Figure 114: Latin America Market Volume (Tons) Analysis by Source, 2018 to 2033
Figure 115: Latin America Market Value Share (%) and BPS Analysis by Source, 2023 to 2033
Figure 116: Latin America Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033
Figure 117: Latin America Market Value (US$ Million) Analysis by Drying Technique, 2018 to 2033
Figure 118: Latin America Market Volume (Tons) Analysis by Drying Technique, 2018 to 2033
Figure 119: Latin America Market Value Share (%) and BPS Analysis by Drying Technique, 2023 to 2033
Figure 120: Latin America Market Y-o-Y Growth (%) Projections by Drying Technique, 2023 to 2033
Figure 121: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 122: Latin America Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 123: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 124: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 125: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033
Figure 126: Latin America Market Volume (Tons) Analysis by Distribution Channel, 2018 to 2033
Figure 127: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033
Figure 128: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033
Figure 129: Latin America Market Value (US$ Million) Analysis by Packaging, 2018 to 2033
Figure 130: Latin America Market Volume (Tons) Analysis by Packaging, 2018 to 2033
Figure 131: Latin America Market Value Share (%) and BPS Analysis by Packaging, 2023 to 2033
Figure 132: Latin America Market Y-o-Y Growth (%) Projections by Packaging, 2023 to 2033
Figure 133: Latin America Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 134: Latin America Market Volume (Tons) Analysis by End User, 2018 to 2033
Figure 135: Latin America Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 136: Latin America Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 137: Latin America Market Attractiveness by Category, 2023 to 2033
Figure 138: Latin America Market Attractiveness by Source, 2023 to 2033
Figure 139: Latin America Market Attractiveness by Drying Technique, 2023 to 2033
Figure 140: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 141: Latin America Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 142: Latin America Market Attractiveness by Packaging, 2023 to 2033
Figure 143: Latin America Market Attractiveness by End User, 2023 to 2033
Figure 144: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 145: Europe Market Value (US$ Million) by Category, 2023 to 2033
Figure 146: Europe Market Value (US$ Million) by Source, 2023 to 2033
Figure 147: Europe Market Value (US$ Million) by Drying Technique, 2023 to 2033
Figure 148: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 149: Europe Market Value (US$ Million) by Distribution Channel, 2023 to 2033
Figure 150: Europe Market Value (US$ Million) by Packaging, 2023 to 2033
Figure 151: Europe Market Value (US$ Million) by End User, 2023 to 2033
Figure 152: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 153: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 154: Europe Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 155: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 156: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 157: Europe Market Value (US$ Million) Analysis by Category, 2018 to 2033
Figure 158: Europe Market Volume (Tons) Analysis by Category, 2018 to 2033
Figure 159: Europe Market Value Share (%) and BPS Analysis by Category, 2023 to 2033
Figure 160: Europe Market Y-o-Y Growth (%) Projections by Category, 2023 to 2033
Figure 161: Europe Market Value (US$ Million) Analysis by Source, 2018 to 2033
Figure 162: Europe Market Volume (Tons) Analysis by Source, 2018 to 2033
Figure 163: Europe Market Value Share (%) and BPS Analysis by Source, 2023 to 2033
Figure 164: Europe Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033
Figure 165: Europe Market Value (US$ Million) Analysis by Drying Technique, 2018 to 2033
Figure 166: Europe Market Volume (Tons) Analysis by Drying Technique, 2018 to 2033
Figure 167: Europe Market Value Share (%) and BPS Analysis by Drying Technique, 2023 to 2033
Figure 168: Europe Market Y-o-Y Growth (%) Projections by Drying Technique, 2023 to 2033
Figure 169: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 170: Europe Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 171: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 172: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 173: Europe Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033
Figure 174: Europe Market Volume (Tons) Analysis by Distribution Channel, 2018 to 2033
Figure 175: Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033
Figure 176: Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033
Figure 177: Europe Market Value (US$ Million) Analysis by Packaging, 2018 to 2033
Figure 178: Europe Market Volume (Tons) Analysis by Packaging, 2018 to 2033
Figure 179: Europe Market Value Share (%) and BPS Analysis by Packaging, 2023 to 2033
Figure 180: Europe Market Y-o-Y Growth (%) Projections by Packaging, 2023 to 2033
Figure 181: Europe Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 182: Europe Market Volume (Tons) Analysis by End User, 2018 to 2033
Figure 183: Europe Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 184: Europe Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 185: Europe Market Attractiveness by Category, 2023 to 2033
Figure 186: Europe Market Attractiveness by Source, 2023 to 2033
Figure 187: Europe Market Attractiveness by Drying Technique, 2023 to 2033
Figure 188: Europe Market Attractiveness by Application, 2023 to 2033
Figure 189: Europe Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 190: Europe Market Attractiveness by Packaging, 2023 to 2033
Figure 191: Europe Market Attractiveness by End User, 2023 to 2033
Figure 192: Europe Market Attractiveness by Country, 2023 to 2033
Figure 193: Asia Pacific Market Value (US$ Million) by Category, 2023 to 2033
Figure 194: Asia Pacific Market Value (US$ Million) by Source, 2023 to 2033
Figure 195: Asia Pacific Market Value (US$ Million) by Drying Technique, 2023 to 2033
Figure 196: Asia Pacific Market Value (US$ Million) by Application, 2023 to 2033
Figure 197: Asia Pacific Market Value (US$ Million) by Distribution Channel, 2023 to 2033
Figure 198: Asia Pacific Market Value (US$ Million) by Packaging, 2023 to 2033
Figure 199: Asia Pacific Market Value (US$ Million) by End User, 2023 to 2033
Figure 200: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 201: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 202: Asia Pacific Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 203: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 204: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 205: Asia Pacific Market Value (US$ Million) Analysis by Category, 2018 to 2033
Figure 206: Asia Pacific Market Volume (Tons) Analysis by Category, 2018 to 2033
Figure 207: Asia Pacific Market Value Share (%) and BPS Analysis by Category, 2023 to 2033
Figure 208: Asia Pacific Market Y-o-Y Growth (%) Projections by Category, 2023 to 2033
Figure 209: Asia Pacific Market Value (US$ Million) Analysis by Source, 2018 to 2033
Figure 210: Asia Pacific Market Volume (Tons) Analysis by Source, 2018 to 2033
Figure 211: Asia Pacific Market Value Share (%) and BPS Analysis by Source, 2023 to 2033
Figure 212: Asia Pacific Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033
Figure 213: Asia Pacific Market Value (US$ Million) Analysis by Drying Technique, 2018 to 2033
Figure 214: Asia Pacific Market Volume (Tons) Analysis by Drying Technique, 2018 to 2033
Figure 215: Asia Pacific Market Value Share (%) and BPS Analysis by Drying Technique, 2023 to 2033
Figure 216: Asia Pacific Market Y-o-Y Growth (%) Projections by Drying Technique, 2023 to 2033
Figure 217: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 218: Asia Pacific Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 219: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 220: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 221: Asia Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033
Figure 222: Asia Pacific Market Volume (Tons) Analysis by Distribution Channel, 2018 to 2033
Figure 223: Asia Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033
Figure 224: Asia Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033
Figure 225: Asia Pacific Market Value (US$ Million) Analysis by Packaging, 2018 to 2033
Figure 226: Asia Pacific Market Volume (Tons) Analysis by Packaging, 2018 to 2033
Figure 227: Asia Pacific Market Value Share (%) and BPS Analysis by Packaging, 2023 to 2033
Figure 228: Asia Pacific Market Y-o-Y Growth (%) Projections by Packaging, 2023 to 2033
Figure 229: Asia Pacific Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 230: Asia Pacific Market Volume (Tons) Analysis by End User, 2018 to 2033
Figure 231: Asia Pacific Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 232: Asia Pacific Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 233: Asia Pacific Market Attractiveness by Category, 2023 to 2033
Figure 234: Asia Pacific Market Attractiveness by Source, 2023 to 2033
Figure 235: Asia Pacific Market Attractiveness by Drying Technique, 2023 to 2033
Figure 236: Asia Pacific Market Attractiveness by Application, 2023 to 2033
Figure 237: Asia Pacific Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 238: Asia Pacific Market Attractiveness by Packaging, 2023 to 2033
Figure 239: Asia Pacific Market Attractiveness by End User, 2023 to 2033
Figure 240: Asia Pacific Market Attractiveness by Country, 2023 to 2033
Figure 241: MEA Market Value (US$ Million) by Category, 2023 to 2033
Figure 242: MEA Market Value (US$ Million) by Source, 2023 to 2033
Figure 243: MEA Market Value (US$ Million) by Drying Technique, 2023 to 2033
Figure 244: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 245: MEA Market Value (US$ Million) by Distribution Channel, 2023 to 2033
Figure 246: MEA Market Value (US$ Million) by Packaging, 2023 to 2033
Figure 247: MEA Market Value (US$ Million) by End User, 2023 to 2033
Figure 248: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 249: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 250: MEA Market Volume (Tons) Analysis by Country, 2018 to 2033
Figure 251: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 252: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 253: MEA Market Value (US$ Million) Analysis by Category, 2018 to 2033
Figure 254: MEA Market Volume (Tons) Analysis by Category, 2018 to 2033
Figure 255: MEA Market Value Share (%) and BPS Analysis by Category, 2023 to 2033
Figure 256: MEA Market Y-o-Y Growth (%) Projections by Category, 2023 to 2033
Figure 257: MEA Market Value (US$ Million) Analysis by Source, 2018 to 2033
Figure 258: MEA Market Volume (Tons) Analysis by Source, 2018 to 2033
Figure 259: MEA Market Value Share (%) and BPS Analysis by Source, 2023 to 2033
Figure 260: MEA Market Y-o-Y Growth (%) Projections by Source, 2023 to 2033
Figure 261: MEA Market Value (US$ Million) Analysis by Drying Technique, 2018 to 2033
Figure 262: MEA Market Volume (Tons) Analysis by Drying Technique, 2018 to 2033
Figure 263: MEA Market Value Share (%) and BPS Analysis by Drying Technique, 2023 to 2033
Figure 264: MEA Market Y-o-Y Growth (%) Projections by Drying Technique, 2023 to 2033
Figure 265: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 266: MEA Market Volume (Tons) Analysis by Application, 2018 to 2033
Figure 267: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 268: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 269: MEA Market Value (US$ Million) Analysis by Distribution Channel, 2018 to 2033
Figure 270: MEA Market Volume (Tons) Analysis by Distribution Channel, 2018 to 2033
Figure 271: MEA Market Value Share (%) and BPS Analysis by Distribution Channel, 2023 to 2033
Figure 272: MEA Market Y-o-Y Growth (%) Projections by Distribution Channel, 2023 to 2033
Figure 273: MEA Market Value (US$ Million) Analysis by Packaging, 2018 to 2033
Figure 274: MEA Market Volume (Tons) Analysis by Packaging, 2018 to 2033
Figure 275: MEA Market Value Share (%) and BPS Analysis by Packaging, 2023 to 2033
Figure 276: MEA Market Y-o-Y Growth (%) Projections by Packaging, 2023 to 2033
Figure 277: MEA Market Value (US$ Million) Analysis by End User, 2018 to 2033
Figure 278: MEA Market Volume (Tons) Analysis by End User, 2018 to 2033
Figure 279: MEA Market Value Share (%) and BPS Analysis by End User, 2023 to 2033
Figure 280: MEA Market Y-o-Y Growth (%) Projections by End User, 2023 to 2033
Figure 281: MEA Market Attractiveness by Category, 2023 to 2033
Figure 282: MEA Market Attractiveness by Source, 2023 to 2033
Figure 283: MEA Market Attractiveness by Drying Technique, 2023 to 2033
Figure 284: MEA Market Attractiveness by Application, 2023 to 2033
Figure 285: MEA Market Attractiveness by Distribution Channel, 2023 to 2033
Figure 286: MEA Market Attractiveness by Packaging, 2023 to 2033
Figure 287: MEA Market Attractiveness by End User, 2023 to 2033
Figure 288: MEA Market Attractiveness by Country, 2023 to 2033
The global market of dry whole milk powders is projected to reach a valuation of USD 17.23 Billion by 2033.
American Dairy Products Institute, and AgMotion, Inc are top players in the Dry Whole Milk Powder market.
Asia Pacific is a lucrative market for dry whole milk powders and is expected to dominate throughout the forecast period.
The global market of Dry Whole Milk Powders is projected to grow at approximately a CAGR of 3.5%.
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Dry Whole Milk Powder Market
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