Whole Milk Powder Market Segments, Size, Share, Growth, Trends, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Whole Milk Powder Market covers analysis By Category (Conventional, Organic); Application (Bakery and Confectionery, Dairy and Frozen Desserts, Sweet and Savory Snacks, Infant Nutrition, RTE and RTC Meals, Beverages, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPRE00018482
  • Category : Food and Beverages
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Whole Milk Powder Market is expected to register a CAGR of 3% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

Whole Milk Powder Market covers analysis By Category (Conventional, Organic); Application (Bakery and Confectionery, Dairy and Frozen Desserts, Sweet and Savory Snacks, Infant Nutrition, RTE and RTC Meals, Beverages, Others), and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America). Milk obtained from different animal sources, including buffalos and cows, is the critical raw material used in the manufacture of whole milk powder. Whole milk powder holds applications in various food and beverage sectors, including bakery and confectionery, beverages, sweet and savoury snacks, infant nutrition, and RTE and RTC meals.

Purpose of the Report

The report Whole Milk Powder Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Whole Milk Powder Market Segmentation

Category

  • Conventional
  • Organic

Application

  • Bakery and Confectionery
  • Dairy and Frozen Desserts
  • Sweet and Savory Snacks
  • Infant Nutrition
  • RTE and RTC Meals
  • Beverages
  • Others

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Whole Milk Powder Market: Strategic Insights

whole-milk-powder-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Whole Milk Powder Market Growth Drivers

  • Applications of Whole Milk Powder: Whole milk powder is widely used in the food and beverage industry. It can be typically seen in the production of reconstituted milk, baby food, infant formulas, and energy foods. Increasing demand for these applications is strengthening this market.
  • The Growing Need for Baby Food and Infant Formulas: There is, therefore, a high demand for baby food and infant formulas. With work augmenting most of their time, working parents have grown to become extremely concerned with nutrition for children. Whole milk powder plays an important role in these products, providing valuable nutrients for the growth and development of babies.
  • Nutritional Awareness and Whole Milk Powder: As the awareness of health issues increases, a consumer starts looking at the products that have nutritional value. It may be argued that whole milk powder is healthier because it has a rich amount of nutrients like proteins, vitamins, and minerals.

Whole Milk Powder Market Future Trends

  • Growing Demand for Nutrition-Rich Products: Consumers are becoming increasingly health-conscious, and therefore, the requirements for nutrition-rich products are increasing. Whole milk powder full of proteins, vitamins, and minerals is likely to gain immense interest among health-conscious customers.
  • Impact of Emerging Markets: Emerging markets would significantly contribute to the growth of the whole milk powder market. Asian-Pacific, African, and Latin American countries generally have high disposable incomes and altered dietary habits that result in increased dairy consumption.
  • Sustainability Concerns in the Market: Sustainability has emerged as a significant concern for both consumers and manufacturers in today’s market. As awareness grows about environmental issues, the whole milk powder sector is increasingly prioritizing sustainable practices. This shift involves a commitment to ethically sourcing milk, ensuring that dairy farming supports ecological balance and social responsibility. Moreover, there is a rising demand for environmentally friendly production methods that minimize waste and reduce the carbon footprint throughout the supply chain. By embracing these sustainable principles, the whole milk powder industry is not only meeting consumer expectations but also contributing to a healthier planet.

Whole Milk Powder Market Opportunities

  • Innovation Opportunities in Food and Beverage Applications: There are several innovation opportunities open up for whole milk powder within various food and beverage applications. For instance, functional foods include protein-enriched snacks and meal replacements, which the health-conscious consumer would find appealing.
  • Growing Demand in Infant Nutrition: The demand for whole milk powder in infant nutrition is increasing as awareness of child nutrition among parents increases. Whole milk powder makes up the core ingredient in infant formulas and baby food, and thus, it has also become one of the areas of concentration for the manufacturers.
  • E-Commerce Distribution Trends: From the e-commerce perspective, the retail landscape is dramatically changing with new avenues for whole milk powder distribution. Indeed, thanks to the beauty of the internet and electronic platforms, consumers can now sit at home and easily access varieties of dairy products, which would have seemed improbable before.

Whole Milk Powder Market Regional Insights

The regional trends and factors influencing the Whole Milk Powder Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Whole Milk Powder Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

whole-milk-powder-market-global-geography
  • Get the Regional Specific Data for Whole Milk Powder Market

Whole Milk Powder Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 3%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Category
  • Conventional
  • Organic
By Application
  • Bakery and Confectionery
  • Dairy and Frozen Desserts
  • Sweet and Savory Snacks
  • Infant Nutrition
  • RTE and RTC Meals
  • Beverages
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Fonterra Co-operative Group Limited
  • Arla Foods Ingredients Group P/S
  • Glanbia plc
  • Hoosier Hill Farm
  • Lactalis Group
  • Meyenberg
  • Dairy Farmers of America, Inc.
  • Carbery Group Ltd.
  • Nestlé

  • Whole Milk Powder Market Players Density: Understanding Its Impact on Business Dynamics

    The Whole Milk Powder Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Whole Milk Powder Market are:

    1. Fonterra Co-operative Group Limited
    2. Arla Foods Ingredients Group P/S
    3. Glanbia plc
    4. Hoosier Hill Farm
    5. Lactalis Group

    Disclaimer: The companies listed above are not ranked in any particular order.


    whole-milk-powder-market-cagr

    • Get the Whole Milk Powder Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Whole Milk Powder Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Whole Milk Powder Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    Based on geography, which region held the largest share of the whole milk powder market?

    Based on geography, Asia Pacific held the largest share of the whole milk powder market due to the increased demand from the artisan and specialty bakery industry.

    What is the furture trend for whole milk powder market?

    The increased demand for organic and plant-based diet is a key trend in the market.

    Which category segment recorded the highest market share in 2023?

    The organic category segment accounted for the largest market share in 2023.

    What is the expected CAGR of the Whole Milk Powder Market ?

    The Whole Milk Powder Market is estimated to witness a CAGR of 3% from 2023 to 2031

    What are the driving factors impacting the whole milk powder market?

    Increased demand from functional foods application is a key driver in the whole milk powder market.

    What are the key players operating in the whole milk powder market?

    Fonterra Co-operative Group Limited, Arla Foods Ingredients Group P/S, Glanbia plc, Hoosier Hill Farm, Lactalis Group, Meyenberg, Dairy Farmers of America, Inc, Carbery Group Ltd, Nestlé, and Maple Island, Inc are some of the key players in the market.

    Shejal Jamdade
    Shejal Jamdade
    Associate Vice President,
    Market Research & Consulting

    With over 12 years of experience in managing custom research projects, Shejal is a seasoned research professional with deep cross-sector expertise spanning Chemicals & Materials, Food & Beverages, Biotechnology, and Consumer Goods. She excels in end-to-end project management, advanced data modelling, and providing strategic support to clients.

    Shejal has successfully led a wide range of high-impact research engagements, consistently guiding clients through complex business challenges and enabling informed decision-making. Her ability to blend analytical rigor with industry knowledge has made her a trusted advisor for clients seeking data-driven strategies and actionable insights. Dedicated to excellence and precision, Shejal continues to play a pivotal role in transforming business objectives into research-driven outcomes.

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    Our Clients
    The List of Companies

    1. Fonterra Co-operative Group Limited
    2. Arla Foods Ingredients Group P/S
    3. Glanbia plc
    4. Hoosier Hill Farm
    5. Lactalis Group
    6. Meyenberg
    7. Dairy Farmers of America, Inc.
    8. Carbery Group Ltd.
    9. Nestlé
    10. Maple Island, Inc.
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