Global Analysis of Dry Whole Milk Powder Market Size, Growth and Forecast
Report ID : 1312961 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Dry Whole Milk Powder Market is categorized based on Product Type (Full Cream Dry Whole Milk Powder, Skimmed Dry Whole Milk Powder) and Application (Dairy Products, Beverages, Bakery Products, Infant Formulas, Others) and End User (Food Industry, Food Service, Household) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of $7.5 billion in 2023, the Dry Whole Milk Powder Market is expected to reach $12 billion by 2033, growing at a CAGR of 5.0% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
The Dry Whole Milk Powder industry has developed as one of the most significant areas of the dairy market due to the increasing demand for convenience and foods that can be stored for a longer time. From a dietary part, there has been a change in using products which are dry and shelf-stable, making dry whole milk powder popular for baking, cooking, infant formulation, dairy substitutes, and other uses. The market is affected not only by new consumption patterns, but also by the growing demand for durable dairy items on the household and industrial scale.
More recently, the introduction of e-commerce, along with globalization, has propelled the advancement of the Dry Whole Milk Powder market as manufacturers and suppliers look to capture emerging markets with varying consumer demands. The aforementioned benefits, along with high nutritional value, make dry whole milk powder more popular among food manufacturers and consumers. Focus will be given first on the scope of the market before continuing with the various parameters driving the market, barriers to entry, and important contemporary issues for speculative decision making.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Nestle S.A., Lactalis Group, Dairy Farmers of America, Fonterra Co-operative Group, Arla Foods, Agropur Cooperative, California Dairies Inc., Murray Goulburn Co-operative Co. Limited, Kerry Group, FrieslandCampina, Saputo Inc. |
| SEGMENTS COVERED |
By Product Type - Full Cream Dry Whole Milk Powder, Skimmed Dry Whole Milk Powder
By Application - Dairy Products, Beverages, Bakery Products, Infant Formulas, Others
By End User - Food Industry, Food Service, Household
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Dry Whole Milk Powder Market Dynamics
The Dry Whole Milk Powder Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Dry Whole Milk Powder Market Segmentations
Market Breakup by Product Type
- Overview
- Full Cream Dry Whole Milk Powder
- Skimmed Dry Whole Milk Powder
Market Breakup by Application
- Overview
- Dairy Products
- Beverages
- Bakery Products
- Infant Formulas
- Others
Market Breakup by End User
- Overview
- Food Industry
- Food Service
- Household
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Dry Whole Milk Powder Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Nestle S.A.
- Lactalis Group
- Dairy Farmers of America
- Fonterra Co-operative Group
- Arla Foods
- Agropur Cooperative
- California Dairies Inc.
- Murray Goulburn Co-operative Co. Limited
- Kerry Group
- FrieslandCampina
- Saputo Inc.
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