Dublin, Jan 26 (GLOBE NEWSWIRE): The global milk powder market is poised for strong long-term growth, with industry value projected to rise from $42.16 billion in 2025 to $61.92 billion by 2030, registering a compound annual growth rate (CAGR) of 7.9%, according to the newly released Milk Powder Market Report 2026 by ResearchAndMarkets.com.
The report attributes the market’s expansion to rising demand for shelf-stable dairy products, particularly in regions with limited cold-chain infrastructure, along with increasing use of specialised milk powders in infant formula, and the rapid growth of global milk powder trade due to its long shelf life and ease of transport.
Key Growth Drivers
The report highlights several factors propelling market growth:
- Rising infant nutrition demand, especially in emerging economies
- Expanding bakery and confectionery industries, boosting the use of non-fat dry milk
- Growing preference for lactose-free and organic milk powders
- Increasing adoption of high-protein whey and functional dairy powders
- Use of milk powders in meal replacements and sports nutrition products
- Advances in drying technologies, improving product quality and energy efficiency
The shift in consumer preferences toward health-focused and specialty dairy products is expected to accelerate demand for premium milk powder formulations.
Industry Trends and Innovation
The report notes that demand for lactose-free, organic, and high-protein milk powders is gaining momentum, particularly in Asia-Pacific and other emerging markets. Functional dairy powders enriched with nutrients are also witnessing increased uptake across infant nutrition, clinical nutrition, and wellness segments.
Major dairy companies are doubling down on innovation. Nestlé, for instance, has launched Nido Milk & Soya instant powder mix enriched with essential nutrients using microencapsulation technology. Meanwhile, Müller Milk & Ingredients has expanded its footprint through the acquisition of Yew Tree Dairy, strengthening milk powder production and export capabilities.
Trade Challenges and Strategic Shifts
While the market outlook remains positive, the report flags trade uncertainties and tariff-related pressures as ongoing challenges impacting production and export costs. In response, several countries are ramping up local milk powder manufacturing capacities, fostering regional competitiveness and accelerating the development of value-added dairy formulations.
Read More: India–EU FTA: Red Lines on Agriculture and Dairy Fully Respected, Says EU Trade Commissioner
Asia-Pacific Leads Global Demand
The Asia-Pacific region continues to dominate the global milk powder market, driven by strong population growth, expanding middle-class consumption, and rising demand for infant formula. Despite shifting global trade dynamics, the region remains a key growth engine for the sector.
Major Market Players
Key companies operating in the global milk powder market include:
- Nestlé S.A.
- Abbott Laboratories
- Fonterra Co-operative Group Limited
- Müller Milk & Ingredients
- Danone
- FrieslandCampina
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Disclaimer
I do my best to share reliable and well-researched insights but occasional errors or omissions may slip through. Please view all content as informational.
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