
World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered milk market
Powdered milk market: download recently published info provided by an Ai-driven business intelligence platform. Datasets provide market size, consumption, trade, companies, production, exports, market prices, and imports. There is a breakdown by country, including Latin America, China, the Middle East, the U.S., Africa, the U.K., Russia, and EU. Market dynamics and outlook to 2030 are also featured in the dashboards.
Powdered Milk - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Brazil |
3 | France |
4 | Venezuela |
5 | Mexico |
In value terms, China, Brazil and France constituted the countries with the highest levels of market value in 2021, with a combined 25% share of the global market. These countries were followed by Venezuela, Mexico, Algeria, Germany, India, the United States, Indonesia, the Netherlands, Nigeria and the Philippines, which together accounted for a further 30%.
In terms of the main consuming countries, Nigeria recorded the highest rates of growth with regard to market size, over the period under review, while powdered milk market for the other global leaders experienced more modest paces of growth.
Powdered Milk Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
United States | 2387 | 2500 | 2810 | 8.5% |
Belarus | 2452 | 2411 | 2876 | 8.3% |
Argentina | 2947 | 2946 | 2947 | 0.0% |
Belgium | 2291 | 2724 | 2981 | 14.1% |
Uruguay | 2962 | 2996 | 2989 | 0.5% |
Poland | 2295 | 2547 | 3007 | 14.5% |
Germany | 2421 | 2791 | 3135 | 13.8% |
Ireland | 2720 | 2768 | 3212 | 8.7% |
France | 2551 | 2901 | 3225 | 12.4% |
New Zealand | 2941 | 3076 | 3570 | 10.2% |
Netherlands | 3063 | 3508 | 3704 | 10.0% |
Australia | 3212 | 3429 | 4174 | 14.0% |
Average | 2734 | 2922 | 3338 | 10.5% |
Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Australia ($4,174 per ton) and the Netherlands ($3,704 per ton), while the United States ($2,810 per ton) and Belarus ($2,876 per ton) were amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Venezuela | 5000 | 5199 | 5102 | 1.0% |
China | 3026 | 3314 | 3167 | 2.3% |
Saudi Arabia | 3017 | 3227 | 3127 | 1.8% |
Nigeria | 2607 | 3062 | 2928 | 6.0% |
Brazil | 2830 | 3000 | 2896 | 1.2% |
Malaysia | 2671 | 3065 | 2856 | 3.4% |
Algeria | 2760 | 2921 | 2844 | 1.5% |
Mexico | 2420 | 2631 | 2835 | 8.2% |
Philippines | 2346 | 2743 | 2739 | 8.1% |
Indonesia | 2517 | 2820 | 2671 | 3.0% |
Netherlands | 2235 | 2279 | 2666 | 9.2% |
Vietnam | 2480 | 2852 | 2662 | 3.6% |
Belgium | 2506 | 2642 | 2662 | 3.1% |
Average | 2852 | 3116 | 3157 | 5.2% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Venezuela ($5,102 per ton), while Belgium ($2,662 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Powdered Milk - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
China | 3 | 3.2 | 3.1 | 1.3% |
Venezuela | 1.4 | 1.5 | 1.5 | 2.4% |
Algeria | 1 | 1.1 | 1 | 4.0% |
Mexico | 0.8 | 0.8 | 1 | 12.1% |
Indonesia | 0.6 | 0.7 | 0.7 | 3.7% |
In value terms, China ($3.1B) constitutes the largest market for imported powdered milk worldwide, comprising 15% of global imports. The second position in the ranking was occupied by Venezuela ($1.5B), with a 7.2% share of global imports. It was followed by Algeria, with a 5.1% share.
From 2019 to 2021, the average annual rate of growth in terms of value in China totaled +1.3%. In the other countries, the average annual rates were as follows: Venezuela (+2.4% per year) and Algeria (+4.0% per year).
Powdered Milk - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
New Zealand | 5.7 | 5.8 | 7 | 11.2% |
United States | 1.8 | 2.1 | 2.6 | 21.6% |
Germany | 1.2 | 1.2 | 1.2 | 1.2% |
France | 0.9 | 1 | 1.2 | 15.0% |
Netherlands | 1.1 | 1.1 | 1.1 | 3.1% |
In value terms, New Zealand ($7B) remains the largest powdered milk supplier worldwide, comprising 34% of global exports. The second position in the ranking was occupied by the United States ($2.6B), with a 13% share of global exports. It was followed by Germany, with a 5.9% share.
From 2019 to 2021, the average annual rate of growth in terms of value in New Zealand amounted to +11.2%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+21.6% per year) and Germany (+1.2% per year).
Powdered Milk - Market Forecast
Driven by increasing demand for powdered milk worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Powdered Milk - Product Coverage
- HS 040210 - Dairy produce; milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight)
- HS 040221 - Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)
- HS 040229 - Dairy produce; milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)
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:
- USA
- 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
+ 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
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4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
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7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCING ANIMALS AND YIELD BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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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
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption, by Country, 2022–2024
- Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Producing Animals, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
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LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Consumption, by Country, 2024
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Producing Animals, by Country, 2024
- Producing Animals, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
This report provides an in-depth analysis of the global powdered milk market.
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
This report provides an in-depth analysis of the global market for evaporated and condensed milk.
This report provides an in-depth analysis of the global market for powdered, evaporated and condensed milk.
This report provides an in-depth analysis of the global market for sweetened condensed and evaporated milk.
This report provides an in-depth analysis of the global market for unsweetened condensed and evaporated milk.
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
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