| Product Code: ETC13180493 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Skimmed Milk Powder Market was valued at USD 13 Billion in 2024 and is expected to reach USD 18 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Skimmed Milk Powder Market is experiencing steady growth due to the increasing demand for dairy products with reduced fat content. Factors driving this market include the rising health consciousness among consumers, the convenience of skimmed milk powder in food production, and the longer shelf life compared to liquid milk. The market is also benefiting from the growing popularity of skimmed milk powder in various applications such as bakery, confectionery, infant formula, and sports nutrition. Key players in the market are focusing on product innovation, quality assurance, and expanding their distribution networks to meet the evolving consumer preferences. Geographically, Asia-Pacific is a significant market for skimmed milk powder due to the increasing population, changing dietary habits, and rising disposable incomes in countries like China and India. The market is expected to continue growing as consumers seek healthier dairy options.
The Global Skimmed Milk Powder Market is witnessing a growing demand due to the increasing awareness about health and wellness, particularly among the health-conscious population. With consumers seeking low-fat and high-protein dairy products, skimmed milk powder is considered a convenient and versatile option for various food and beverage applications. Additionally, the rising adoption of skimmed milk powder in infant nutrition and sports nutrition products is also driving market growth. Opportunities exist for manufacturers to innovate and introduce value-added products with enhanced nutritional profiles and extended shelf life to cater to evolving consumer preferences. With the expanding food processing industry and the growing trend of clean-label products, the Global Skimmed Milk Powder Market is poised for further expansion and innovation in the coming years.
The Global Skimmed Milk Powder Market faces several challenges, including fluctuating milk prices, increasing competition from alternative plant-based milk products, and changing consumer preferences towards healthier and more sustainable options. Additionally, issues such as supply chain disruptions, quality control concerns, and regulatory changes can impact the market dynamics. Market volatility and the impact of external factors like weather conditions on milk production also pose significant challenges for the industry. Adapting to these challenges by focusing on innovation, product diversification, and sustainable practices will be crucial for companies operating in the Global Skimmed Milk Powder Market to maintain their competitive edge and meet evolving consumer demands.
The Global Skimmed Milk Powder Market is primarily driven by the increasing demand for dairy products with lower fat content due to growing health consciousness among consumers. Skimmed milk powder is commonly used as a low-fat alternative in various food and beverage applications, contributing to its rising popularity. The product`s longer shelf life and ease of storage and transportation also drive its market growth. Furthermore, the rising disposable income levels in emerging economies have led to a higher consumption of dairy products, further boosting the demand for skimmed milk powder. Additionally, the growing trend of plant-based milk alternatives is creating opportunities for manufacturers to innovate and develop new skimmed milk powder products to cater to changing consumer preferences.
Government policies related to the Global Skimmed Milk Powder Market can vary by country but generally focus on regulations for production, quality standards, trade agreements, and subsidies. Many countries have regulations in place to ensure the safety and quality of skimmed milk powder, including inspection processes and testing requirements. Trade agreements between countries can also impact the market by influencing tariffs and quotas on imports and exports. Additionally, government subsidies for dairy farmers can affect production levels and prices in the market. Overall, government policies play a significant role in shaping the dynamics of the Global Skimmed Milk Powder Market by providing a regulatory framework that impacts production, trade, and pricing strategies for industry stakeholders.
The Global Skimmed Milk Powder Market is projected to witness steady growth in the coming years, driven by the increasing demand for convenience foods, rising health consciousness among consumers, and the expanding dairy industry worldwide. The market is expected to be influenced by factors such as the growing popularity of skimmed milk powder as a cost-effective alternative to fresh milk, its longer shelf life, and versatile applications in various food products. Additionally, the rising adoption of skimmed milk powder in the food and beverage industry for manufacturing products like bakery goods, confectionery, and dairy products is anticipated to further propel market growth. Technological advancements in dairy processing techniques and the increasing focus on product innovation are likely to create lucrative opportunities for market players to capitalize on in the future.
In the Global Skimmed Milk Powder Market, Asia is expected to dominate the market due to the increasing consumption of dairy products in countries like China and India. North America is also a significant market player, driven by the growing demand for healthier alternatives to whole milk. In Europe, the market is characterized by a strong presence of key players and a focus on product innovation. The Middle East and Africa region is witnessing steady growth in the skimmed milk powder market, driven by the rising awareness of health benefits associated with dairy products. Latin America is also emerging as a promising market, with a growing population and increasing disposable income contributing to the demand for skimmed milk powder products.
Global Skimmed Milk Powder Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Skimmed Milk Powder Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Skimmed Milk Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Global Skimmed Milk Powder Market - Industry Life Cycle |
3.4 Global Skimmed Milk Powder Market - Porter's Five Forces |
3.5 Global Skimmed Milk Powder Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Skimmed Milk Powder Market Revenues & Volume Share, By Nutritional Value, 2021 & 2031F |
3.7 Global Skimmed Milk Powder Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Global Skimmed Milk Powder Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Skimmed Milk Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Skimmed Milk Powder Market Trends |
6 Global Skimmed Milk Powder Market, 2021 - 2031 |
6.1 Global Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Skimmed Milk Powder Market, Revenues & Volume, By Minerals, 2021 - 2031 |
6.1.3 Global Skimmed Milk Powder Market, Revenues & Volume, By Lactose, 2021 - 2031 |
6.1.4 Global Skimmed Milk Powder Market, Revenues & Volume, By Fat, 2021 - 2031 |
6.1.5 Global Skimmed Milk Powder Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Skimmed Milk Powder Market, Revenues & Volume, By Nonfat Powder, 2021 - 2031 |
6.2.3 Global Skimmed Milk Powder Market, Revenues & Volume, By Buttermilk Powder, 2021 - 2031 |
6.2.4 Global Skimmed Milk Powder Market, Revenues & Volume, By Whole Milk Powder, 2021 - 2031 |
6.2.5 Global Skimmed Milk Powder Market, Revenues & Volume, By Other, 2021 - 2031 |
6.3 Global Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Skimmed Milk Powder Market, Revenues & Volume, By Bakery, 2021 - 2031 |
6.3.3 Global Skimmed Milk Powder Market, Revenues & Volume, By Confectionary, 2021 - 2031 |
6.3.4 Global Skimmed Milk Powder Market, Revenues & Volume, By Fermented Milk Products, 2021 - 2031 |
6.3.5 Global Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
6.3.6 Global Skimmed Milk Powder Market, Revenues & Volume, By Dry Mixes, 2021 - 2031 |
6.3.7 Global Skimmed Milk Powder Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Skimmed Milk Powder Market, Overview & Analysis |
7.1 North America Skimmed Milk Powder Market Revenues & Volume, 2021 - 2031 |
7.2 North America Skimmed Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
7.4 North America Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
7.5 North America Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Skimmed Milk Powder Market, Overview & Analysis |
8.1 Latin America (LATAM) Skimmed Milk Powder Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Skimmed Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
8.4 Latin America (LATAM) Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
8.5 Latin America (LATAM) Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Skimmed Milk Powder Market, Overview & Analysis |
9.1 Asia Skimmed Milk Powder Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Skimmed Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
9.4 Asia Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
9.5 Asia Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Skimmed Milk Powder Market, Overview & Analysis |
10.1 Africa Skimmed Milk Powder Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Skimmed Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
10.4 Africa Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
10.5 Africa Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Skimmed Milk Powder Market, Overview & Analysis |
11.1 Europe Skimmed Milk Powder Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Skimmed Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
11.4 Europe Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
11.5 Europe Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Skimmed Milk Powder Market, Overview & Analysis |
12.1 Middle East Skimmed Milk Powder Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Skimmed Milk Powder Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Skimmed Milk Powder Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Skimmed Milk Powder Market, Revenues & Volume, By Nutritional Value, 2021 - 2031 |
12.4 Middle East Skimmed Milk Powder Market, Revenues & Volume, By Type, 2021 - 2031 |
12.5 Middle East Skimmed Milk Powder Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Skimmed Milk Powder Market Key Performance Indicators |
14 Global Skimmed Milk Powder Market - Export/Import By Countries Assessment |
15 Global Skimmed Milk Powder Market - Opportunity Assessment |
15.1 Global Skimmed Milk Powder Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Skimmed Milk Powder Market Opportunity Assessment, By Nutritional Value, 2021 & 2031F |
15.3 Global Skimmed Milk Powder Market Opportunity Assessment, By Type, 2021 & 2031F |
15.4 Global Skimmed Milk Powder Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Skimmed Milk Powder Market - Competitive Landscape |
16.1 Global Skimmed Milk Powder Market Revenue Share, By Companies, 2024 |
16.2 Global Skimmed Milk Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |