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Skimmed Milk Powder Market - Strategic Insights and Forecasts (2025 - 2030)

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Market Size
USD 45.5 billion
by 2030
CAGR
6.69%
2025-2030
Base Year
2024
Forecast Period
2025-2030
Projection
Report OverviewSegmentationTable of ContentsCustomize Report

Report Overview

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Skimmed Milk Powder Market Highlights

Acquisition
In October 2024, Müller announced approval from the Competition and Markets Authority (CMA) regarding its agreement to acquire Yew Tree Dairy. This acquisition would drive significant progress toward MMI to deliver better dairy products.
New Plant
Inyange Industries started a $ 54.1 million Powder Milk Plant in Rwanda. The $ 54.1 million Inyange Milk Powder Plant in Nyagatare was launched in July 2024 to produce skimmed milk powder, whole milk powder, Ghee, Butter, and UHT products.
New Launch
In January 2024, Gujarat Cooperative Milk Marketing Federation Ltd., the largest food products organization responsible for marketing Amul and Sagar brands, launched Sagar Skimmed Milk across India. Sagar is one of the oldest brands of GCMMF in the milk powder and ghee segment. It is fat-free and will have a minimum of 9% SNF. It is available in 250 ml, 500 ml, 1 L, 2 L, and 6 L packs.

Skimmed Milk Powder Market Size:

The skimmed milk powder market is estimated to grow at a CAGR of 6.69%, reaching USD 45.5 billion in 2030 from USD 32.3 billion in 2025.

Skimmed milk does not contain any chemicals that can harm health. With skimmed milk, people can enjoy all the benefits of milk without consuming a lot of fat. Manufacturers of skimmed milk powder are offering new and creative products to cater to the growing demand for innovative products. This includes creating popular regional products, appealing to younger customers, and presenting skimmed milk powder with increased functional features.

Top Trends Shaping the Skimmed Milk Powder Market:

Developing innovative products

  • The skimmed milk powder requires specific nutrients to maintain overall health and well-being. Innovative products, such as Nestlé announced that it had developed N3 milk in November 2023, are being launched in the market. The milk was introduced in a new range of powdered milk in China under the N3 brand. This includes a full cream and a skimmed milk product. These are high in protein to support a well-balanced diet for the entire family. These innovations are necessary to sustain the growing competition.

Sustainable packaging

  • The packaging ensures the skimmed milk powder reaches consumers in the best possible condition, even with long supply chains.  Several countries are trying to have sustainable packaging with waste management systems while preserving milk powders.

Growth Drivers vs. Challenges

Drivers:

  • Rising health awareness: Skimmed milk powder has multiple benefits, such as a low-fat content, a higher protein content, more calcium, and does not contain a lot of calories. Due to growing obesity worldwide, the need for skimmed milk powder is likely to increase. According to the WHO[1], in 2022, 1 in 8 people in the world were living with obesity. In 2022, 2.5 billion people 18 years and older were overweight. Skimmed milk powder is perfect for people to control their weight.

  • Growing demand for infant formula: The powdered infant formula market is continuously growing in Asia Pacific and the United States. Its consumption is also expected to expand in Europe, where population growth is anticipated. According to the United Nations Population Division, the average Southeast Asia population for 2023, based on 11 countries, was 1.25 percent. The companies are aiming to expand their business to countries worldwide with a high demand for infant formula.

Challenges:

  • Price volatility: The skimmed milk powder market is susceptible to price volatility by raw milk prices, making it a challenge for market expansion.

Regional Analysis

Asia-Pacific: The major economies like China, Japan, India, and South Korea dominate the region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries. Besides, India, Pakistan, and China are the largest milk producers in the world.

North America: The market is driven by several prominent players based in the United States. These companies play a crucial role in product innovations and development. The region has a large demand for bakery products, infant formula, confectionery, frozen desserts, etc.

Europe: The skimmed milk powder market in Europe is driven by the growing number of health-conscious consumers and their emphasis on the foods and beverages industry.

Competitive Landscape

Major players included Nestle, Dairy America, Alpen Dairies, Nova Dairy Products, Amul, and Dana Dairy Group.

Skimmed Milk Powder Market Scope:

Report Metric Details
Total Market Size in 2025 USD 32.3 billion
Total Market Size in 2030 USD 45.5 billion
Forecast Unit USD billion
Growth Rate 6.69%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Segmentation Product Type, Packaging, Distribution Channel, Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies
  • Nestle
  • Dairy America
  • Alpen Dairies
  • Nova Dairy products
  • Amul
  • Arla Foods amba

Skimmed Milk Powder Market Segmentation

By Product Type

  • Cow Milk Powder

  • Black Skim Milk Powder

  • White Skim Milk Powder

  • Green Skim Milk Powder

  • Oolong Skim Milk Powder

By Application

  • Bakery Products

  • Confectionery

  • Nutritional Foods

  • Infant Formula

  • Frozen Desserts

  • Dry Mixes

By Packaging

  • Loose Skim Milk Powder

  • Bagged Skim Milk Powder

  • Instant Skim Milk Powder

  • Bottled & Canned Skim Milk Powder

By Distribution Channel

  • Supermarkets & Hypermarkets

  • Convenience Stores

  • Online

By Geography

  • North America

    • USA

    • Canada

    • Mexico

  • South America

    • Brazil

    • Argentina

    • Others

  • Europe

    • Germany

    • UK

    • France

    • Spain

    • Others

  • Middle East and Africa

    • UAE

    • Israel

    • Others

  • Asia Pacific

    • China

    • Japan

    • South Korea

    • India

    • Indonesia

    • Taiwan

    • Thailand

    • Others

REPORT DETAILS

Report ID:KSI061617295
Published:Feb 2025
Pages:140
Format:PDF, Excel, PPT, Dashboard
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Frequently Asked Questions

The skimmed milk powder market is expected to reach a total market size of US$45.518 billion by 2030.

Skimmed Milk Powder Market is valued at US$32.926 billion in 2025.

The global skimmed milk powder market is expected to grow at a CAGR of 6.69% during the forecast period.

Rising demand for dairy-based products, infant nutrition, bakery, and confectionery, along with expanding food processing industries.

The Asia-Pacific region is anticipated to hold a significant share of the skimmed milk powder market.

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