Skimmed Milk Powder Market Report 2025 (Global Edition)

Global Skimmed Milk Powder Market Report 2025 Market Size Split by Distribution Channel Outlook: (Modern Trade, Convenience Store, Online Retail, Others (Wholesaler))

Skimmed Milk Powder Market Report Description

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Skimmed Milk Powder Market Insights Video

Competitive Landscape of the Skimmed Milk Powder Market

The competitive landscape of the skimmed milk powder market is characterized by the presence of several global and regional players, including Nestlé, Fonterra, and Arla Foods. These companies dominate the market through product innovations, expanding distribution channels, and strategic mergers and acquisitions. The market is highly competitive, with manufacturers focused on delivering high-quality, affordable, and nutritionally beneficial products. The increasing demand for flavored and functional dairy products further intensifies the competition.

In March 2023, The A2 Milk Company (a2MC) emphasized that restoring its Southland-based Mataura Valley Milk (MVM) facility to profitability remains a key strategic priority. For the six months ending December 31, 2022, MVM reported a $13.4 million loss on revenues of $45.7 million. MVM has been sourcing additional A2 Milk whole milk powder from Synlait Milk while also producing products for third-party clients. In the company's half-year results, CEO David Bortolussi stated that the loss reflected the current production mix, with the plant primarily selling lower-value milk powders in the commodity market. Bortolussi highlighted that MVM is focusing on insourcing A2 Milk skim milk powder and other nutritional products from Synlait, developing new products, and exploring more third-party customer opportunities. (Source: https://thea2milkcompany.com/latest-company-news/MVM-acquisition-news-item) In June 2020, Lactalis Ingredients launched a new skimmed milk powder specifically designed for condensed milk production. This product offers excellent heat stability, making it ideal for condensed milk manufacturers worldwide. It is made by drying fresh pasteurized skim milk that has undergone a special heat treatment process. (Source: https://www.dairyindustries.com/news/34627/lactalis-ingredients-launches-skimmed-milk-powder-for-condensed-milk/)

Top Companies Market Share in Skimmed Milk Powder Industry: (In no particular order of Rank)

• Nestlé S.A.
• Danone S.A.
• Arla Foods
• Fonterra Co-operative Group
• Dairy Farmers of America
• Lactalis Group
• FrieslandCampina
• Saputo Inc.
• Glanbia PLC
• The a2 Milk Company
• Inner Mongolia Yili Industrial Group
• Mengniu Dairy
• Amul (GCMMF)
• Dean Foods Company
• Murray Goulburn Co-operative Co. Limited
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Skimmed Milk Powder Market

Which Region Dominates the Skimmed Milk Powder Market in 2024?

According to Cognitive Market Research, North America remains the leading region in the skimmed milk powder market, driven by strong demand from the food processing, infant nutrition, and bakery sectors. The presence of large-scale dairy manufacturers, such as Dean Foods and Saputo Inc., and a well-established retail distribution network further bolster its dominance. Additionally, consumers’ increasing preference for convenient, nutrient-dense products supports market growth.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is the fastest-growing region for the skimmed milk powder market, fueled by rising disposable incomes, urbanization, and changing dietary habits. The demand for SMP is particularly strong in countries like China and India, where dairy consumption is on the rise, particularly for infant nutrition, bakery products, and functional foods. Moreover, increasing online retail adoption is contributing to the region's rapid growth.

The current report Scope analyzes Skimmed Milk Powder Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Skimmed Milk Powder Market Analysis

According to Cognitive Market Research, the global skimmed milk powder market size was estimated at USD 34124.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 13649.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031.

• According to Cognitive Market Research, The United States skimmed milk powder market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 10,769.69 million in 2024. Increasing health awareness and the demand for low-fat dairy products in the U.S. will drive the growth of skimmed milk powder sales.
• The Canada skimmed milk powder market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 1,637.98 million in 2024. The rise in consumer preference for healthier and protein-rich dairy products is expected to boost the demand for skimmed milk powder in Canada. The Mexico skimmed milk powder market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 1,242.13 million in 2024.

Europe Skimmed Milk Powder Market Analysis

According to Cognitive Market Research, the global skimmed milk powder market size was estimated at USD 34124.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 10237.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.

• The United Kingdom skimmed milk powder market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 1,719.87 million in 2024. Growing interest in low-calorie, high-protein diets among health-conscious consumers in the UK is propelling the demand for skimmed milk powder.
• The France skimmed milk powder market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 941.84 million in 2024. The Germany skimmed milk powder market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 2,027.00 million in 2024. The increasing use of skimmed milk powder in the production of functional foods and beverages is driving market growth in Germany. The Italy skimmed milk powder market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 880.41 million in 2024. The Russia skimmed milk powder market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 1,586.79 million in 2024. The Spain skimmed milk powder market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 839.46 million in 2024. The Luxembourg skimmed milk powder market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 317.36 million in 2024.. The Portugal skimmed milk powder market is projected to witness growth at a CAGR of 3.9% during the forecast period, with a market size of USD 214.98 million in 2024. The Greece skimmed milk powder market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 122.85 million in 2024. The Rest of Europe skimmed milk powder market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 1,586.79 million in 2024.

Asia Pacific Skimmed Milk Powder Market Analysis

According to Cognitive Market Research, the global skimmed milk powder market size was estimated at USD 34124.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 7848.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.

• According to Cognitive Market Research, China skimmed milk powder market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 3,531.89 million in 2024. Rising disposable incomes and changing dietary patterns in China are contributing to the growing demand for skimmed milk powder, especially in infant nutrition.
• The Japan skimmed milk powder market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 1,083.11 million in 2024. The India skimmed milk powder market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 941.84 million in 2024. The increasing number of working women and the demand for convenient and healthy dairy options are driving the growth of skimmed milk powder in India. The South Korea skimmed milk powder market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 784.86 million in 2024. The Australia skimmed milk powder market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 408.13 million in 2024. The South East Asia skimmed milk powder market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 541.56 million in 2024. The Rest of Asia Pacific skimmed milk powder market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 557.25 million in 2024.

South America Skimmed Milk Powder Market Analysis

According to Cognitive Market Research, the global skimmed milk powder market size was estimated at USD 34124.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 1706.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil skimmed milk powder market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 730.26 million in 2024. In Brazil, rising health awareness and the adoption of low-fat diets are fueling the demand for skimmed milk powder.
• The Argentina skimmed milk powder market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 286.65 million in 2024. Argentina’s growing dairy consumption and the rise in preference for low-fat dairy products are expected to boost skimmed milk powder sales. The Colombia skimmed milk powder market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 151.85 million in 2024. The Peru skimmed milk powder market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 139.91 million in 2024. The Chile skimmed milk powder market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 122.85 million in 2024. The Rest of Latin America skimmed milk powder market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 274.70 million in 2024.

Middle East Skimmed Milk Powder Market Analysis

According to Cognitive Market Research, the global skimmed milk powder market size was estimated at USD 34124.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 682.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031..

• The GCC Countries skimmed milk powder market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 292.11 million in 2024. The expanding food and beverage industry, along with increasing health-conscious consumers in the GCC countries, is driving demand for skimmed milk powder.
• The Egypt skimmed milk powder market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 71.66 million in 2024. The South Africa skimmed milk powder market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 107.83 million in 2024. In South Africa, the rising demand for nutritious dairy products, especially among the urban population, is driving the growth of skimmed milk powder sales. The Turkey skimmed milk powder market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 58.69 million in 2024. The Nigeria skimmed milk powder market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 71.66 million in 2024. The Rest of MEA skimmed milk powder market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 80.53 million in 2024.

Skimmed Milk Powder Market Analysis

Segment Analysis of Skimmed Milk Powder Market

Based on current and emerging trends, the market size for the Skimmed Milk Powder industry is estimated from 2021 to 2032, with a detailed analysis of each segment to identify the fastest-growing categories. The report offers both quantitative and qualitative analysis to uncover the driving factors behind the growth of specific segments, such as plant-based foods, functional beverages, organic products, or ready-to-eat meals. Key factors in segment analysis include market growth rates, consumer preference shifts, technological advancements, pricing trends, and distribution channel performance for each segment. Additionally, regional demand patterns, supply chain dynamics, and regulatory impacts on each type are explored to provide a comprehensive understanding of the factors influencing growth within the food and beverages industry. This data will be included in the paid version of the report.

of Skimmed Milk Powder analyzed in this report are as follows:

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Skimmed Milk Powder Industry. Request a Free Sample PDF!

Segment Analysis of Skimmed Milk Powder Market

This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities for each Skimmed Milk Powder market application from 2021 to 2032. It explores demand across various end-use industries, offering insights into the performance of applications such as ready-to-eat meals, beverages, and snacks. Key factors like market growth, consumer behavior, technological innovations, regulatory impacts, and regional market dynamics are examined. The report also includes value chain analysis, patent trends, company evaluation matrices, and other confidential data to provide a comprehensive view of each application segment’s evolution in the Skimmed Milk Powder market. You can find this information in the full, paid version of the report.

Some of the key of Skimmed Milk Powder are:

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Skimmed Milk Powder Distribution Channel Outlook: Segment Analysis

Skimmed Milk Powder Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the modern trade segment holds the largest share of the market due to the increasing prevalence of supermarkets, hypermarkets, and large retail chains that provide easy access to a wide variety of dairy products. Consumer preferences for convenience, quality, and availability in one-stop shopping locations continue to drive growth in the modern trade segment.

In the skimmed milk powder market, the online retail has been expanding at a rapid pace due to the growing adoption of e-commerce platforms and the convenience of home delivery. As consumers increasingly prefer shopping from home, online platforms offer a wide selection of skimmed milk powder products with the added benefit of door-to-door service. The rise of digital payment systems and personalized promotions further boost online retail growth.

• Modern Trade
• Convenience Store
• Online Retail
• Others (Wholesaler)

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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