The skimmed milk powder market size has grown strongly in recent years. It will grow from $9.95 billion in 2024 to $10.67 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to growing awareness of health and wellness, increasing preference for convenient nutrition options, a rise in government initiatives promoting dairy consumption, expanded use in bakery and confectionery industries, and heightened awareness of protein-rich diets.
The skimmed milk powder market size is expected to see strong growth in the next few years. It will grow to $13.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth projected for the forecast period is driven by rising usage in sports and nutritional supplements, increasing popularity of clean label and organic products, growing consumer demand for low-fat and high-protein options, expanding availability of lactose-free and specialized dairy formulations, and a growing trend toward fortifying food products. Key trends expected in the forecast period include advancements in spray drying technologies, improvements in packaging solutions to extend shelf life, development of fortified skimmed milk powders, innovations in lactose-free formulations, and the creation of plant-based dairy alternatives with comparable functionality.
The increasing popularity of nutritional supplements is expected to drive the growth of the skimmed milk powder market in the future. Nutritional supplements are products that provide additional nutrients like vitamins, minerals, amino acids, or other substances that support overall health and wellness. This rising popularity is fueled by greater health awareness, as more individuals seek to enhance their well-being and prevent diseases through proactive nutrition. Skimmed milk powder plays a crucial role in nutritional supplements by offering a rich source of high-quality protein and essential nutrients while being low in fat. For example, in 2023, a report by the United Nations International Children's Emergency Fund (UNICEF), a US-based humanitarian organization, noted that nearly 480 million vitamin A capsules were delivered across 71 countries, enabling over 320 million children to receive two doses of vitamin A supplementation (VAS), marking a 26% increase from about 252 million children reached in 2021. Hence, the rising popularity of nutritional supplements is boosting the skimmed milk powder market.
Leading companies in the skimmed milk powder market are focusing on innovative products like infant-grade skimmed milk powder to cater to specialized nutritional needs. Infant-grade skimmed milk powder is specially processed with reduced fat to meet the nutritional requirements of infants. For instance, in April 2023, Valio Ltd., a France-based dairy company, launched Valio Prime SMP, an ultrapure, infant-grade skimmed milk powder designed for dry-blend infant milk formula (IMF) production. Produced from fresh Finnish milk in ultraclean facilities, this product guarantees exceptional microbiological purity and meets the highest quality standards for dry blending. It offers flexible customization options and simplifies manufacturing processes for infant nutrition products. The powder has a clean, pleasant, mildly sweet, milky flavor and serves as a premium alternative to fresh milk in applications requiring outstanding purity.
In February 2024, First Milk Ltd., a UK-based dairy cooperative, acquired BV Dairy for an undisclosed sum. Through this acquisition, First Milk Ltd aims to expand its manufacturing capacity and market reach, add value for its members, and strengthen its regenerative dairy product portfolio across a wider range of products and customers. Blackmore Vale Farm Cream Ltd, based in the UK, is a manufacturer and distributor of chilled dairy products that produces skimmed milk powder (SMP).
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.
North America was the largest region in the skimmed milk powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in skimmed milk powder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the skimmed milk powder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Skimmed milk powder (SMP) is a dairy product created by removing the fat from fresh milk and then drying it into a powder. It contains very little fat (usually less than 1.5%) while preserving milk’s protein, lactose, and other vital nutrients. Skimmed milk powder is commonly used in food production and baking as a shelf-stable alternative to liquid milk.
The primary types of skimmed milk powder include cow milk powder, black skim milk powder, white skim milk powder, green skim milk powder, and oolong skim milk powder. Cow milk powder is the dehydrated form of cow’s milk made by eliminating its water content but maintaining its nutritional components. This powder includes minerals, lactose, fat, and other essential nutrients. It is distributed through multiple channels such as supermarkets and hypermarkets, convenience stores, and online platforms. It finds use in various applications, including bakery products, confectionery, nutritional foods, infant formula, frozen desserts, and dry mixes. The product caters to a wide range of end users, including the food and beverage industry, nutraceutical companies, retail consumers, and other sectors.
The skimmed milk powder market research report is one of a series of new reports that provides skimmed milk powder market statistics, including the skimmed milk powder industry's global market size, regional shares, competitors with the skimmed milk powder market share, detailed skimmed milk powder market segments, market trends and opportunities, and any further data you may need to thrive in the skimmed milk powder market. This skimmed milk powder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The skimmed milk powder market consists of sales of instant skimmed milk powder, non-instant skimmed milk powder, fortified skimmed milk powder, and blended skimmed milk powder formulations. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The skimmed milk powder market size is expected to see strong growth in the next few years. It will grow to $13.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth projected for the forecast period is driven by rising usage in sports and nutritional supplements, increasing popularity of clean label and organic products, growing consumer demand for low-fat and high-protein options, expanding availability of lactose-free and specialized dairy formulations, and a growing trend toward fortifying food products. Key trends expected in the forecast period include advancements in spray drying technologies, improvements in packaging solutions to extend shelf life, development of fortified skimmed milk powders, innovations in lactose-free formulations, and the creation of plant-based dairy alternatives with comparable functionality.
The increasing popularity of nutritional supplements is expected to drive the growth of the skimmed milk powder market in the future. Nutritional supplements are products that provide additional nutrients like vitamins, minerals, amino acids, or other substances that support overall health and wellness. This rising popularity is fueled by greater health awareness, as more individuals seek to enhance their well-being and prevent diseases through proactive nutrition. Skimmed milk powder plays a crucial role in nutritional supplements by offering a rich source of high-quality protein and essential nutrients while being low in fat. For example, in 2023, a report by the United Nations International Children's Emergency Fund (UNICEF), a US-based humanitarian organization, noted that nearly 480 million vitamin A capsules were delivered across 71 countries, enabling over 320 million children to receive two doses of vitamin A supplementation (VAS), marking a 26% increase from about 252 million children reached in 2021. Hence, the rising popularity of nutritional supplements is boosting the skimmed milk powder market.
Leading companies in the skimmed milk powder market are focusing on innovative products like infant-grade skimmed milk powder to cater to specialized nutritional needs. Infant-grade skimmed milk powder is specially processed with reduced fat to meet the nutritional requirements of infants. For instance, in April 2023, Valio Ltd., a France-based dairy company, launched Valio Prime SMP, an ultrapure, infant-grade skimmed milk powder designed for dry-blend infant milk formula (IMF) production. Produced from fresh Finnish milk in ultraclean facilities, this product guarantees exceptional microbiological purity and meets the highest quality standards for dry blending. It offers flexible customization options and simplifies manufacturing processes for infant nutrition products. The powder has a clean, pleasant, mildly sweet, milky flavor and serves as a premium alternative to fresh milk in applications requiring outstanding purity.
In February 2024, First Milk Ltd., a UK-based dairy cooperative, acquired BV Dairy for an undisclosed sum. Through this acquisition, First Milk Ltd aims to expand its manufacturing capacity and market reach, add value for its members, and strengthen its regenerative dairy product portfolio across a wider range of products and customers. Blackmore Vale Farm Cream Ltd, based in the UK, is a manufacturer and distributor of chilled dairy products that produces skimmed milk powder (SMP).
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.
North America was the largest region in the skimmed milk powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in skimmed milk powder report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the skimmed milk powder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Skimmed milk powder (SMP) is a dairy product created by removing the fat from fresh milk and then drying it into a powder. It contains very little fat (usually less than 1.5%) while preserving milk’s protein, lactose, and other vital nutrients. Skimmed milk powder is commonly used in food production and baking as a shelf-stable alternative to liquid milk.
The primary types of skimmed milk powder include cow milk powder, black skim milk powder, white skim milk powder, green skim milk powder, and oolong skim milk powder. Cow milk powder is the dehydrated form of cow’s milk made by eliminating its water content but maintaining its nutritional components. This powder includes minerals, lactose, fat, and other essential nutrients. It is distributed through multiple channels such as supermarkets and hypermarkets, convenience stores, and online platforms. It finds use in various applications, including bakery products, confectionery, nutritional foods, infant formula, frozen desserts, and dry mixes. The product caters to a wide range of end users, including the food and beverage industry, nutraceutical companies, retail consumers, and other sectors.
The skimmed milk powder market research report is one of a series of new reports that provides skimmed milk powder market statistics, including the skimmed milk powder industry's global market size, regional shares, competitors with the skimmed milk powder market share, detailed skimmed milk powder market segments, market trends and opportunities, and any further data you may need to thrive in the skimmed milk powder market. This skimmed milk powder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The skimmed milk powder market consists of sales of instant skimmed milk powder, non-instant skimmed milk powder, fortified skimmed milk powder, and blended skimmed milk powder formulations. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Skimmed Milk Powder Market Characteristics3. Skimmed Milk Powder Market Trends And Strategies4. Skimmed Milk Powder Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market32. Global Skimmed Milk Powder Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Skimmed Milk Powder Market34. Recent Developments In The Skimmed Milk Powder Market
5. Global Skimmed Milk Powder Growth Analysis And Strategic Analysis Framework
6. Skimmed Milk Powder Market Segmentation
7. Skimmed Milk Powder Market Regional And Country Analysis
8. Asia-Pacific Skimmed Milk Powder Market
9. China Skimmed Milk Powder Market
10. India Skimmed Milk Powder Market
11. Japan Skimmed Milk Powder Market
12. Australia Skimmed Milk Powder Market
13. Indonesia Skimmed Milk Powder Market
14. South Korea Skimmed Milk Powder Market
15. Western Europe Skimmed Milk Powder Market
16. UK Skimmed Milk Powder Market
17. Germany Skimmed Milk Powder Market
18. France Skimmed Milk Powder Market
19. Italy Skimmed Milk Powder Market
20. Spain Skimmed Milk Powder Market
21. Eastern Europe Skimmed Milk Powder Market
22. Russia Skimmed Milk Powder Market
23. North America Skimmed Milk Powder Market
24. USA Skimmed Milk Powder Market
25. Canada Skimmed Milk Powder Market
26. South America Skimmed Milk Powder Market
27. Brazil Skimmed Milk Powder Market
28. Middle East Skimmed Milk Powder Market
29. Africa Skimmed Milk Powder Market
30. Skimmed Milk Powder Market Competitive Landscape And Company Profiles
31. Skimmed Milk Powder Market Other Major And Innovative Companies
35. Skimmed Milk Powder Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Skimmed Milk Powder Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on skimmed milk powder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for skimmed milk powder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The skimmed milk powder market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Cow Milk Powder; Black Skim Milk Powder; White Skim Milk Powder; Green Skim Milk Powder; Oolong Skim Milk Powder2) 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
Subsegments
1) By Cow Milk Powder: Organic Cow Skimmed Milk Powder; Non-Organic Cow Skimmed Milk Powder; Fortified Cow Skimmed Milk Powder; Instant Cow Skimmed Milk Powder2) By Black Skim Milk Powder: Flavored Black Skimmed Milk Powder; Pure Black Skimmed Milk Powder; Fortified Black Skimmed Milk Powder; Instant Black Skimmed Milk Powder
3) By White Skim Milk Powder; Organic White Skimmed Milk Powder; Non-Organic White Skimmed Milk Powder; Fortified White Skimmed Milk Powder; Instant White Skimmed Milk Powder; Flavored Green Skimmed Milk Powder
4) By Green Skim Milk Powder: Herbal Infused Green Skimmed Milk Powder; Organic Green Skimmed Milk Powder; Fortified Green Skimmed Milk Powder; Flavored Green Skimmed Milk Powder
5) By Oolong Skim Milk Powder: Pure Oolong Skimmed Milk Powder; Flavored Oolong Skimmed Milk Powder; Fortified Oolong Skimmed Milk Powder; Instant Oolong Skimmed Milk Powder
Key Companies Profiled: Nestlé S.A.; Groupe Lactalis S.A.; Danone S.A.; The Kraft Heinz Company; Dairy Farmers of America Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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.