Global Whole Milk Powder Market to Grow at 2.8% During 2025-2033, Spurred by Advent of Lactose-Free Variants

November 28, 2024 | Food & Beverages

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According to the latest report by IMARC Group, titled "Whole Milk Powder Market Report by End Use (Dairy, Infant Formulae, Bakery, Confectionery, and Others), and Region 2025-2033," the global whole milk powder market reached a volume of 6.6 Million Tons in 2024. Whole milk refers to the creamy-white powder obtained by removing water from pasteurized, homogenized or non-homogenized milk using the rolling and spray drying process. It is characterized by a pleasing taste and retains the essential nutrients of the milk. Additionally, it can be fortified with calcium and vitamins A and D. Since the drying process significantly lowers the moisture content of milk, the powder is extremely light in weight, has a relatively long shelf life and eliminates the need for refrigeration. Consequently, it is widely preferred for the preparation of a vast array of food products, such as tea, coffee, homemade yogurt and milkshakes. It can also be used as a source of both fat and non-fat milk solids in various baked goods and confectionery items.

Global Whole Milk Powder Market Trends:

The global market is primarily driven by the convenience and numerous functional properties offered by whole milk powder, including foaming, emulsification, thickening and dispersibility. Along with this, the growing preference for milk powder can be attributed to its relatively affordable cost. Whole milk powder can be transported over long distances without the requirement of cold-chain facilities in limited storage space. This results in reduced shipping-related costs, which significantly brings down the overall price of the marketed product. The market is further driven by the growing popularity of milk powder in the regions with a scarcity of milk. Furthermore, the advent of organic and lactose-free whole milk powder, coupled with the shifting dietary patterns of the masses, is creating a positive outlook for the market. Some of the other factors contributing to the market include significant growth in the food and beverages sector, the availability of flavored powder milk and the expansion of online retail across the globe. Looking forward, the market volume is projected to reach 8.4 Million Tons by 2033, expanding at a CAGR of 2.8% during 2025-2033.

Market Summary:

Based on the end use, the market has been classified into dairy, infant formulae, bakery, confectionery and others.
On the geographical front, the market has been segregated into New Zealand, China, the European Union, Brazil, Argentina and others.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Lactalis International, Nestlé S.A., Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V., and Danone S.A.

Report Scope:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million Tons, Million USD
Segment Coverage	End Use, Region
Region Covered	New Zealand, China, European Union, Brazil, Argentina, Others
Companies Covered	Lactalis International, Nestlé S.A., Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V. and Danone S.A
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Whole Milk Powder Market to Grow at 2.8% During 2025-2033, Spurred by Advent of Lactose-Free Variants

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