The worldwide milk powder market was valued at USD 35.26 billion in 2024. In 2025, the demand for milk powder registered a growth facilitating the international market to reach USD 36.5 billion in 2025.
Global sales, over the projection period (2025 to 2035), are projected to demonstrate a CAGR of 3.9%, there by, ultimately providing an assessment of sales value, which is expected to ascend to a sales value of USD 53.4 billion by end of 2035.
While milk powder is being used in food processing (infant nutrition, confectionery, beverages, etc.), increasingly it has been driven by the long shelf life, cost-effectiveness, and versatility of milk powder, the milk powder market is growing steadily.
Powdered milk is particularly popular in areas with limited refrigeration or where bulk storage is economically required.Population growth, urbanization, and increased disposable income particularly in emerging markets in Asia-Pacific and Africa are also pushing demand.
Anticipating the future, sales of milk powder derived infant formula still remains one of the top-most grossing business segments, thanks to the rising awareness about the importance of child nutrition, and steadily developing categories of working parents.
Moreover, players are launching fortified and organic variants of milk powder products for health-conscious customers and premium product segments. Big names such as Nestlé, Fonterra, Friesl and Campina, and Lactalis are already at the forefront of innovation by launching their fortified products with vitamins, minerals, and probiotics.
| Attributes | Description |
|---|---|
| Estimated Global Milk Powder Industry Size (2025E) | USD 36.5 billion |
| Projected Global Milk Powder Industry Value (2035F) | USD 53.4 billion |
| Value-based CAGR (2025 to 2035) | 3.9% |
Sustainability is increasingly important in this industry too, with companies purchasing low-emission drying technologies and renewable energy sources for milk processing. New bulk containers, recyclable pouches and other packaging changes improve logistics performance and better meet environmental targets.
The following table provides a comparative outlook of change in CAGR over six months for base year (2024) and current year (2025) of global milk powder market. Through this analysis, key changes in performance are disclosed and patterns for realizing revenue are established allowing stakeholders to gain better insights into the growth trajectory over the year.
H1 refers to the first half of a year, i.e., January-end of June. H2 refers to the second half, which is from July to December.
| Particular | Value CAGR |
|---|---|
| H1(2024 to 2034) | 3.5% |
| H2(2024 to 2034) | 3.7% |
| H1(2025 to 2035) | 3.8% |
| H2(2025 to 2035) | 3.9% |
The growth of the business in the first half (H1) of the decade from 2025 to 2035 is estimated at 3.8 % CAGR, while for the second half (H2) of the same decade it will increase to 3.9 %. This represents a steady yet consistent upward trend in demand owing to expanding food processing industries, increasing nutritional awareness, and robust global trade in dairy-based ingredients. H1 improved by 30 BPS YoY, and H2 improved by 20 BPS YoY.
Tier 1 consists of a competitive cast of a few high revenue, highly dominant players with large cross market coverage. These companies have significant brand equity and invest heavily on advertising, technology innovation and global distribution networks.
Nestlé S.A. has emerged as a market leader with a diversified dairy portfolio along with strong presence in many developed and emerging markets. Its brands of milk powder are particularly well trusted in markets like infant nutrition and within general categories of dairy consumption.
Other notable player is the New Zealand based Fonterra Co-operative Group, who leads the international milk powder exports powered by the robust supply chain, large-scale production & steady quality. Danone S.A. has a firm footing in the worldwide dairy business, particularly through milk powder with infant formula and particular nutrition. Well known for its sustainable practices, Arla Foods amba, one of the largest dairy companies in Europe, focuses its powdered milk production on value-added products for health-oriented consumers.
Brands in Tier 2 earn less revenue than those in Tier 1 but enjoy a dominant regional market presence and rapid momentum overseas. One such company is Saputo Inc., a Canadian company that makes milk powder for diverse applications including foodservice and industrial.
Amul, which is owned by the Gujarat Cooperative Milk Marketing Federation in India, holds a prominent share in the Indian subcontinent, through affordability and extensive distribution in rural and urban areas. A key player is FrieslandCampina, a Dutch multinational cooperative that includes consumer-driven as well as bulk milk powders, with a strong presence in Asia and Africa.
Companies in Tier 3 are smaller and relatively new and are more popular in niche or local markets. These brands do not yet benefit from the same global infrastructure of Tier 1 or 2 players, but are benefiting from creative strategies, e-commerce leverage, and regional tap-dancing. One such example is China based Mengniu Dairy who met its domestic demand for powdered milk by rapidly implementing systems.
Dairy Farmers of America, an American cooperative, also makes powdered milk for industrial use and is branching into consumer segments. These companies often distinguish themselves by emphasizing local sourcing, cleaner labels, and tailor-made formulations for unique dietary or cultural preferences.
Increasing Demand for Infant and Pediatric Nutrition Products
Shift:The global infant formula segment is also witnessing accelerated growth on the back of rising birth rates in developing nations, increasing urbanization as well as growing awareness among parents regarding child nutrition.
In particular, formula-grade milk powders and milks enriched with DHA, iron and vitamins have become an important nutritional substitute or addition to breastfeeding for customers. Demand is being driven by markets like China, India, Nigeria, and Brazil, while regulatory compliance and safety are still concerns for parents.
Strategic Response:The company aimed at broadening its range of the NAN Supreme Pro and Lactogen product lines with targeted infant formulas in Asia-Pacific and Sub-Saharan Africa. These are designed to help with brain development, immunity, and digestive health.
In 2023, Nestlé’s infant nutrition division grew 9%, fueled by powdered milk sales in Southeast Asia.Danone S.A. is progressively rolling out its Aptamil and Nutricia product ranges across China and the Middle East with various country-specific SKUs, containing human milk oligosaccharides (HMOs), prebiotics, etc., to match breastmilk advantages.
Fonterra Co-operative Group Limited expanded Anmum and its Anchor brands in Latin America and South Asia through shelf-stable enriched milk powder products targeted toward mothers and toddlers, which helped boost pediatric nutrition product lines by 12% YoY.
Emerging Economies Drive Demand for Shelf-Stable Dairy
Shift:In parts of the world with little refrigeration infrastructure like Africa, Southeast Asia and the countryside of South America milk powder is a reliable, shelf-stable substitute for fresh milk. The consumer preference is more robust for powdered milk used for drinking as well as cooking and baking. For governments and aid agencies, too, it is relied on for school feeding programs and disaster relief.
Strategic Response: Lactalis ramped up production of cheap full-cream and skimmed milk powders sold under such brands as Président and Celia in West Africa and South Asia. These products are primarily sold both in modern trade as well as in traditional kirana stores.Fonterra's bulk milk powder exports grew significantly to Sri Lanka, Indonesia, and the Philippines, where targeted blends were developed for tea, coffee and foodservice customers. It also launched value multi-serve packs for families in low-income neighbourhoods.
Used with permissionDano, a brand from Arla Foods amba, which offers affordable fortified milk powders rich in calcium and vitamin D nutrients critical for child development and bone health has had impressive growth rates and a steadily increasing market share in Bangladesh, Ghana, and Nigeria.
Transition to organic, clean-label, and fortified powders
Shift:As health and transparency takes a front seat to consumer purchasing decisions, there is increasing demand for organic, non-GMO, and fortified milk powders. Urban consumers, particularly in the United States, United Kingdom, and European Union, are becoming more vigilant about ingredient lists and sourcing standards. Fortification with vitamins A, D, iron and calcium adds value, especially for older populations and health-conscious consumers.
Strategic Response:In Europe and North America, families seeking more wellness options were targeted with organic and grass-fed powdered milk from Nestlé under its NIDO and Lactogen brands.Arla Foods amba sells Arla Organic Milk Powder in the German and Danish markets with messaging around ethical sourcing, EU organic certification, and absence of artificial additives.
One company leading this trend is Cargill, Incorporated, a leading supplier of functional dairy ingredients, who provide clean-label formulation solutionsthat empower major brands to formulate powders fortified with plant enzymes for improved digestibility.
Expanding in their Sports Nutrition and Adult Wellness Segments
Shift:As interest in fitness and protein supplementation increases the focus on aging well, milk powders are being reformulated and marketed for adult nutrition, particularly whey, casein and full-cream milk powders. Muscle recovery, joint health and weight management are a big focus. Arabic and Asian markets are also seeing robust growth, as lifestyle-driven food products make their way into Japan, urban USA, South Korea and Germany.
Strategic Response:Danone revamped its Nutricia Fortisip powdered nutritional drinks to boost elderly nutrition and medical recovery in the UK and Australia. These powders consist of flavours such as vanilla and strawberry, along with additional minerals and high protein.
Cargill joined forces in joint ventures to develop milk based protein concentrates and isolates necessary for meal replacement powders and sports beverages. These to serve large clients within the North American and European gym and fitness communities.
Disruption through Packaging and Convenience and E-commerce
Shift:Convenience is critical for today’s consumers, and milk powder is constantly being packaged into single-serve sachets, resealable pouches and travel-ready tins. Direct-to-consumer growth driven across Asia-Pacific, North America and the Middle East through e-commerce platforms as key growth enablers for specialized products such as baby formula, sports powders, and lactose-free products
Strategic Response:Britannia Nutrition Foundation introduced sachet-based milk powder enriched with vitamins A & D, tailored for school nutrition initiatives across India, emphasizing ease of use and single serving precision.Nestlé updated its NIDO milk powder packaging to include recyclable tins and resealable zip locks for environmentally conscious families in Europe and the USA.
Fonterra’s Anchor and Anlene brands are readily available on e-commerce portals such as Lazada and Amazon; they also offer bundle packs, auto-replenishment and subscription models in Singapore, Malaysia and the U.A.E.Lactalis Group launched portable fortified powdered milk drinks for adults and teens under the Celia Active line in France and the Middle East, blending convenience with lifestyle nutrition.
The following table shows the estimated growth rates of the top five territories projected to exhibit high consumption through 2035.
| Country | CAGR 2025 to 2035 |
|---|---|
| USA | 2.6% |
| Germany | 1.5% |
| China | 0.9% |
| Japan | 0.4% |
| India | 6.1% |
Milk powder has become increasingly popular in the United States because of its long shelf-life, nutritional benefits, and versatility in food applications. As the world’s appetite for high-protein, low-waste products increases, powdered milk is playing a growing role in sports nutrition, protein shakes and bakery mixes.
A COVID-era fixation on pantry staples and emergency food supplies also benefited its visibility. As clean-label trends solidify, producers are reformulating with fewer additives and improved nutritional value. Although not a fast-tracked category, innovations such as keto-friendly and lactose-free milk powders are widening appeal among health-conscious customers and niche diet groups.
The voluminous German milk powder market is growing at a steady pace thanks to consumer interest in organic dairy products, traceable sourcing, and environmental responsibility. German shoppers are gravitating toward brands championing low-carbon processing, recyclable packaging and certifications for animal welfare.
While fresh dairy is king for everyday consumption, milk powder is an important ingredient in food production and in particular, in the production of pastries, confections and baby food. Export-oriented producers have also been tapping into growing demand from the Middle East and Asia, promoting EU-quality standards. Demographic stability and a mature dairy market can keep growth in check, but premiumization provides a means to move forward.
The milk powder market within China is struggling, thanks to plummeting birth rates and changing demographics. Dominated historically by infant formula, the market is now expanding to adult nutrition, with strong interest in milk powders fortified for older consumers.
Health concerns around immune and digestive health have Australians seeking formulations with added probiotics, vitamins and calcium. Simultaneously, increasing interest in domestic brands and regulatory support for domestically produced dairy is changing the competitive landscape. E-commerce platforms continue to be key in reaching younger urban families looking for premium, health-focused dairy offering.
Booming Japan dairy market is fuelling consumer demand for internationally recognised brands; Milk powder volume growth is negligible as Japanese consume majority of fresh dairy products. But new opportunities are emerging in specialized health products targeting aging consumers.
Bone-supportive powdered milk, collagen and heart-health ingredients are becoming popular. On top of that, manufactures are responding to convenience trends with single-serve sachets and instant-blending formats. Industrial demand remains steady due to culinary use in traditional and Western-style sweets. We do little overall expansion but Japanese standards of quality, safety, and innovation remain high in the category.
In India, milk powder demand has been strong owing to faster pace of urbanisation, increase in middle-class income and the extensive use of milk powder in cooking in households. Pereira says milk powder is popular because it is relatively inexpensive, convenient to use and versatile in tea, sweet and bakery recipes.
Government programs that focus on maternal and child nutrition-such as midday meal schemes and fortified food initiatives stimulate institutional demand. Where cold chain access is limited, milk powder provides a reliable alternative in rural areas. The expanding food processing industry also opens up new opportunities for use in packaged snacks and drinks. Local brands are ramping up operations to satisfy growing consumer demands for purity, taste and price competitiveness.
| Segment | Value Share (2025) |
|---|---|
| Skimmed Milk Powder (By Type) | 34.7% |
On the basis of type, the skimmed milk powder segment had dominated the market since consumers prefer low-fat, high-protein dairy products. Consumers worldwide are becoming more health conscious, especially among urban populations, and are increasingly choosing skimmed milk powder as a healthier alternative to full-fat milk powder.
This milk powder variant is especially attractive to calorie-conscious consumers and those with cholesterol management targets, leading to its extensive use in households and processed food products. Skimmed milk powder is widely used in bakery, confectionery and nutritional food manufacturing due to its low-fat composition without sacrificing flavour and texture. Its obtained characteristics such as its longer shelf life and easy solubility makes it part of the most promising products in the market for B2B.
Top dairy brands are introducing fortified skimmed milk powder variants incorporating additional health benefits such as calcium; iron, and vitamins to entice health-focused customers. This segment will still thrive in both developed and emerging markets, driven by the demand for functional and diet-friendly dairy options.
| Segment | Value Share (2025) |
|---|---|
| Infant Formu las (By Application) | 29.3% |
Infant formula application segment remains one of the most significant contributors in the milk powder market, owing to the growing demand for dependable and nutrient-rich milk alternatives for infants. With women continuing to embrace the workforce and urbanization establishing itself as the norm, consumer choices rely on convenience and trust in scientifically formulated infant nutrition products.
The base of most infant formulas is milk powder, which provides the protein, carbohydrates and essential micronutrients needed for early growth and development. These also contribute to consumer confidence in terms of regulatory compliance, safety standards, and traceability.
Key businesses such as Nestlé, Abbott, and Danone, are making significant investments in their R&D initiatives to introduce infant formula powders that aim to meet the challenges of digestion, immunity, and development. This segment also offers high consumer loyalty and brand trust, which makes it a stable cash cow in both developed and emerging economies.
Nestlé, Danone, and Fonterra are some of the key players this market and they have consolidated their position in the global milk powder market through strategic acquisitions, powerful brands and banking on product diversification. In response to evolving consumer demands, these companies have introduced specialized variants of milk powder including infant formulas, fortified powders, organic items, and lactose-free products.
It enables them to reach a broad demographic and provides them an advantage across developed and emerging markets.Formulation and packaging innovation has proved to be a key driver. Companies are also looking at technologies to improve solubility, shelf-life and nutritional content of milk powder.
This is combined with the important action of sponsoring environmentally friendly, lightweight packaging, in order to attract consumers who love sustainability. Such developments not only boost product appeal, but set brands apart in an incredibly commoditized market.
Competitors keep shaping their businesses through strategic moves like joint ventures, acquisitions, and expansion into international markets. Firms such as this have been making a deeper commitment to expansion in these areas, with Asia-Pacific and Middle Eastern markets growing ever more integral, for instance, as consumers in those regions embrace demand for both infant nutrition, and dairy-based beverages.
For instance:
The milk powder market is segmented, based on type, into Skimmed Milk Powder, Whole Milk Powder, Fat Filled Milk Powder, Dairy Whitener, and Other Milk Powder.
Key applications of milk powder include Bakery & Confectionery, Nutritional Food, Infant Formulas, and Others.
Various distribution channels for milk powder are B2B, B2C, Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Retail Stores, and Online Retail.
Industry analysis has been carried out in key countries of North America, Latin America, Western Europe, Eastern Europe, Balkans & Baltic, Russia & Belarus, Central Asia, East Asia, South Asia & Pacific, and the Middle East & Africa.
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 4: Global Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 6: Global Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 7: Global Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 8: Global Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 10: North America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 12: North America Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 13: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 14: North America Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 15: North America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 16: North America Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 18: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 19: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 20: Latin America Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 21: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 22: Latin America Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 23: Latin America Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 24: Latin America Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 25: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Western Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 27: Western Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 28: Western Europe Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 29: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 30: Western Europe Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 31: Western Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 32: Western Europe Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 33: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 34: Eastern Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 35: Eastern Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 36: Eastern Europe Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 37: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 38: Eastern Europe Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 39: Eastern Europe Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 40: Eastern Europe Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 41: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 42: South Asia and Pacific Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 43: South Asia and Pacific Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 44: South Asia and Pacific Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 45: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 46: South Asia and Pacific Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 47: South Asia and Pacific Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 48: South Asia and Pacific Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 49: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 50: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 51: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 52: East Asia Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 53: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 54: East Asia Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 55: East Asia Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 56: East Asia Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Table 57: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 58: Middle East and Africa Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 59: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 60: Middle East and Africa Market Volume (Tons) Forecast by Type, 2019 to 2034
Table 61: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 62: Middle East and Africa Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 63: Middle East and Africa Market Value (US$ Million) Forecast by Distribution Channel, 2019 to 2034
Table 64: Middle East and Africa Market Volume (Tons) Forecast by Distribution Channel, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Application, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Global Market Volume (Tons) Analysis by Region, 2019 to 2034
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 9: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 10: Global Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 11: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 12: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 13: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 14: Global Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 17: Global Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 18: Global Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 19: Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 20: Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 21: Global Market Attractiveness by Type, 2024 to 2034
Figure 22: Global Market Attractiveness by Application, 2024 to 2034
Figure 23: Global Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 24: Global Market Attractiveness by Region, 2024 to 2034
Figure 25: North America Market Value (US$ Million) by Type, 2024 to 2034
Figure 26: North America Market Value (US$ Million) by Application, 2024 to 2034
Figure 27: North America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 30: North America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 33: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 34: North America Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 35: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 37: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 38: North America Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 39: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 40: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 41: North America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 42: North America Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 43: North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 44: North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 45: North America Market Attractiveness by Type, 2024 to 2034
Figure 46: North America Market Attractiveness by Application, 2024 to 2034
Figure 47: North America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 48: North America Market Attractiveness by Country, 2024 to 2034
Figure 49: Latin America Market Value (US$ Million) by Type, 2024 to 2034
Figure 50: Latin America Market Value (US$ Million) by Application, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 54: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 57: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 58: Latin America Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 61: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 62: Latin America Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 65: Latin America Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 66: Latin America Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 69: Latin America Market Attractiveness by Type, 2024 to 2034
Figure 70: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 71: Latin America Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 73: Western Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) by Application, 2024 to 2034
Figure 75: Western Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 76: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 77: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 78: Western Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 79: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 80: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 81: Western Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 82: Western Europe Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 83: Western Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 84: Western Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 85: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 86: Western Europe Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 87: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 88: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 89: Western Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 90: Western Europe Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 91: Western Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 92: Western Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 93: Western Europe Market Attractiveness by Type, 2024 to 2034
Figure 94: Western Europe Market Attractiveness by Application, 2024 to 2034
Figure 95: Western Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 96: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 97: Eastern Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 98: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034
Figure 99: Eastern Europe Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 100: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 101: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 102: Eastern Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 103: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 104: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 105: Eastern Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 106: Eastern Europe Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 107: Eastern Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 108: Eastern Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 109: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 110: Eastern Europe Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 111: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 112: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 113: Eastern Europe Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 114: Eastern Europe Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 115: Eastern Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 116: Eastern Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 117: Eastern Europe Market Attractiveness by Type, 2024 to 2034
Figure 118: Eastern Europe Market Attractiveness by Application, 2024 to 2034
Figure 119: Eastern Europe Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 120: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 121: South Asia and Pacific Market Value (US$ Million) by Type, 2024 to 2034
Figure 122: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034
Figure 123: South Asia and Pacific Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 124: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 126: South Asia and Pacific Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 127: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 128: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 129: South Asia and Pacific Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 130: South Asia and Pacific Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 131: South Asia and Pacific Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 132: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 133: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 134: South Asia and Pacific Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 135: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 136: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 137: South Asia and Pacific Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 138: South Asia and Pacific Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 139: South Asia and Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 140: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 141: South Asia and Pacific Market Attractiveness by Type, 2024 to 2034
Figure 142: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034
Figure 143: South Asia and Pacific Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 144: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 145: East Asia Market Value (US$ Million) by Type, 2024 to 2034
Figure 146: East Asia Market Value (US$ Million) by Application, 2024 to 2034
Figure 147: East Asia Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 148: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 149: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 150: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 151: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 152: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 153: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 154: East Asia Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 155: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 156: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 157: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 158: East Asia Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 159: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 160: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 161: East Asia Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 162: East Asia Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 163: East Asia Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 164: East Asia Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 165: East Asia Market Attractiveness by Type, 2024 to 2034
Figure 166: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 167: East Asia Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 168: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 169: Middle East and Africa Market Value (US$ Million) by Type, 2024 to 2034
Figure 170: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034
Figure 171: Middle East and Africa Market Value (US$ Million) by Distribution Channel, 2024 to 2034
Figure 172: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 173: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 174: Middle East and Africa Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 175: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 176: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 177: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 178: Middle East and Africa Market Volume (Tons) Analysis by Type, 2019 to 2034
Figure 179: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 180: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 181: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 182: Middle East and Africa Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 183: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 184: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 185: Middle East and Africa Market Value (US$ Million) Analysis by Distribution Channel, 2019 to 2034
Figure 186: Middle East and Africa Market Volume (Tons) Analysis by Distribution Channel, 2019 to 2034
Figure 187: Middle East and Africa Market Value Share (%) and BPS Analysis by Distribution Channel, 2024 to 2034
Figure 188: Middle East and Africa Market Y-o-Y Growth (%) Projections by Distribution Channel, 2024 to 2034
Figure 189: Middle East and Africa Market Attractiveness by Type, 2024 to 2034
Figure 190: Middle East and Africa Market Attractiveness by Application, 2024 to 2034
Figure 191: Middle East and Africa Market Attractiveness by Distribution Channel, 2024 to 2034
Figure 192: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The global industry is estimated at a value of USD 36.5 billion in 2025.
Some of the leaders in this industry include Nestlé, Danone, Groupe Lactalis, Fonterra, Royal FrieslandCampina N.V., Dean Foods, Arla Foods, Dairy Farmers of America, Kraft Foods, Saputo, Parmalat, and The Kraft Heinz Company.
While specific regional figures are not detailed here, Asia Pacific is expected to hold a significant market share by 2025 due to rising infant formula demand and growing dairy consumption.
The milk powder industry is projected to grow at a forecast CAGR of 3.9% from 2025 to 2035.
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Milk Powder Market
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