The Skimmed Milk Powder Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Skimmed Milk Powder Market?
The Skimmed Milk Powder Global Market has experienced significant growth in recent years. The market's size was valued at $9.95 billion in 2024 and is projected to increase to $10.67 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Skimmed Milk Powder Industry?
The Skimmed Milk Powder Global Market is projected to grow to $13.93 billion in 2029, with a compound annual growth rate (CAGR) of 6.9%.
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What are the Key Growth Drivers Fueling the Skimmed Milk Powder Market?
The key drivers in the skimmed milk powder market are:
• The increasing use of skimmed milk powder in sports and nutritional supplements
• Growing consumer preference for clean label, organic, low-fat, and high-protein products
• Advances in lactose-free and specialized dairy formulations
• The emerging trend of fortifying food products with skimmed milk powder
Global Market Segmentation: Identifying Major Skimmed Milk Powder Industry Segments
The skimmed milk powder market covered in this report is segmented –
1) By Product Type: Cow Milk Powder, Black Skim Milk Powder, White Skim Milk Powder, Green Skim Milk Powder, Oolong Skim Milk Powder
2) By Nutritional Value: Minerals, Lactose, Fat, Other Nutritional Values
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online
4) By Application: Bakery Products, Confectionery, Nutritional Foods, Infant Formula, Frozen Desserts, Dry Mixes
5) By End-User: Food And Beverage Industry, Nutraceuticals, Retail Consumers, Other End-Users
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What are the Emerging Trends Shaping the Future of the Skimmed Milk Powder Market?
The key trends in the skimmed milk powder market are:
• Advancements in spray drying technologies are witnessing a growing trend in the skimmed milk powder market.
• There is an emerging trend for advanced packaging solutions aimed at extending the shelf life of the products.
• The development of fortified skimmed milk powders is a significant upcoming trend.
• The market is noticing a trend of innovation in lactose-free formulations and plant-based dairy alternatives with similar functionality.
Who Are the Top Competitors & Leading Players in the Skimmed Milk Powder Market?
Major players in the skimmed milk powder market are:
• Nestlé S.A.
• Groupe Lactalis S.A.
• Danone S.A.
• The Kraft Heinz Company
• Dairy Farmers of America Inc.
• Land O'Lakes Inc.
• Arla Foods amba
• Fonterra Co-operative Group Limited
• Mengniu Dairy Company Limited
• Saputo Inc.
• Meiji Holdings Co. Ltd.
• Schreiber Foods Inc.
• Agropur Dairy Cooperative
• Valio Oy
• Synlait Milk Limited
• The a2 Milk Company Limited
• Anand Milk Union Limited
• Open Country Dairy Limited
• Westland Co-operative Dairy Company Limited
• Alpen Dairies S.A.
Regional Dominance: Which Area Leads the Global Skimmed Milk Powder Market?
North America was the largest region in the skimmed milk powder market in 2024
