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World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Nov 10, 2023

The World's Best Import Markets for Powdered Milk

Powdered milk, also known as dried milk, is a popular dairy product that has a long shelf life and is easier to transport compared to liquid milk. It is widely used in the food and beverage industry, as well as in households. As the demand for powdered milk continues to rise, countries around the world are importing significant amounts of this product. In this article, we will explore the top import markets for powdered milk and provide key statistics and numbers to showcase the global trade in this sector.

1. China: Leading Importer of Powdered Milk

China takes the top spot as the world's largest importer of powdered milk. In 2022, the import value of powdered milk in China reached a staggering $4.5 billion USD. This strong demand is driven by the country's growing population, rising disposable incomes, and changing dietary preferences. The Chinese market offers immense opportunities for powdered milk exporters, making it a crucial market to tap into.

2. Algeria: A Growing Market for Powdered Milk

Algeria is another significant importer of powdered milk, with an import value of $1.5 billion USD in 2022. The Algerian market has been expanding due to an increasing awareness of the nutritional benefits of powdered milk and the growing demand for dairy products. As a result, there are excellent opportunities for exporters looking to expand their presence in North Africa.

3. Indonesia: Rising Demand for Powdered Milk

Indonesia has emerged as a key player in the global powdered milk market, with an import value of $1.3 billion USD in 2022. The country's large population, urbanization, and changing consumer preferences have contributed to the increased demand for powdered milk. Indonesia's import market for powdered milk presents lucrative prospects for foreign exporters.

4. Mexico: A Growing Market in the Americas

Mexico is an important consumer market for powdered milk, with an import value of $1.1 billion USD in 2022. The Mexican market's growth is fueled by factors such as an increasing population, urbanization, and a rising interest in convenience food products. Powdered milk is widely used in the preparation of various Mexican dishes, making it an essential ingredient for many households and food manufacturers.

5. United Arab Emirates: A Key Market in the Middle East

The United Arab Emirates (UAE) imports a significant amount of powdered milk, with an import value of $827.2 million USD in 2022. The UAE stands out as a major market for powdered milk due to its rising population, expanding tourism sector, and growing food processing industry. The country offers immense opportunities for exporters looking to tap into the Middle Eastern market.

6. Philippines: A Thriving Market in Southeast Asia

The Philippines presents a thriving market for powdered milk, with an import value of $762.8 million USD in 2022. The country's large and growing population, coupled with the increasing awareness of the nutritional benefits of powdered milk, has led to a surge in demand. The Philippine market holds immense potential for powdered milk exporters.

7. Netherlands: A Hub of Distribution

The Netherlands serves as a significant hub for the distribution of powdered milk, with an import value of $728.3 million USD in 2022. This European country acts as a trading gateway, making it a crucial player in the global powdered milk market. The Netherlands plays a vital role in distributing powdered milk to other European countries, further emphasizing its importance in the trade network.

8. Malaysia: A Growing Market in Southeast Asia

Malaysia's import market for powdered milk is steadily growing, with an import value of $698.3 million USD in 2022. The country's growing middle-class population, changing dietary habits, and increasing demand for dairy products have contributed to this growth. Exporters can take advantage of the expanding market in Malaysia to enhance their trade prospects.

9. Belgium: An Important Importer of Powdered Milk

Belgium imports significant amounts of powdered milk, with an import value of $590.8 million USD in 2022. The country's strategic location in Europe and its well-established food and beverage industry have contributed to its import market for powdered milk. Belgium serves as a key entry point into the European market for exporters targeting the region.

10. Thailand: A Promising Market in Southeast Asia

Thailand shows promise as an emerging market for powdered milk, with an import value of $558.2 million USD in 2022. The country's growing population, urbanization, and increasing focus on nutrition and health have driven the demand for powdered milk. With its favorable business environment, Thailand offers attractive opportunities for exporters looking to expand their presence in Southeast Asia.

These top import markets for powdered milk provide valuable opportunities for exporters and highlight the global demand for this dairy product. Exporters can leverage these insights to identify potential markets, understand consumer preferences, and develop effective market-entry strategies.

IndexBox, a leading market intelligence platform, provides comprehensive data and insights on the international trade of powdered milk. Their data shows the import values for powdered milk in various countries, allowing businesses to make informed decisions based on market trends and statistics.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global powdered milk market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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