
World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Powdered 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.
Get FREE access to the latest REPORT on the Powdered Milk Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND 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
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT 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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
- 7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- 8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2022
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- 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 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption, By Country, 2018–2022
- Production, In Physical Terms, By Country, 2012–2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Destination, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Origin, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Consumption, By Country, 2022
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume 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, 2012–2022
- Production, In Value Terms, 2012–2022
- Production, By Country, 2022
- Production, In Physical Terms, By Country, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, 2012–2022
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.
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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.
This report provides an in-depth analysis of the global market for powdered, evaporated and condensed milk.
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