Product Code: KSI061617295
The skimmed milk powder market is estimated to grow at a CAGR of 6.69%, reaching US$45.518 billion in 2030 from US$32.926 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.
Market Trends:
- 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, 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.
- Skimmed milk powder requires specific nutrients to maintain overall health and well-being. Innovative products, such as Nestle 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.
- Asia Pacific: 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: In the United States, the market is driven by several prominent players. These companies play a crucial role in product innovations and development. The region has a large demand for bakery products, infant formula, confectionery, and frozen desserts among others.
Some of the major players covered in this report include Nestle, Dairy America, Alpen Dairies, Nova Dairy Products, Amul, and Dana Dairy Group among others.
Key Benefits of this Report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence
Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The skimmed milk powder market has been analyzed through the following segments:
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
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
- 2.1. Market Overview
- 2.2. Market Definition
- 2.3. Scope of the Study
- 2.4. Market Segmentation
3. BUSINESS LANDSCAPE
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Porter's Five Forces Analysis
- 3.5. Industry Value Chain Analysis
- 3.6. Policies and Regulations
- 3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. SKIMMED MILK POWDER MARKET BY PRODUCT TYPE
- 5.1. Introduction
- 5.2. Cow Milk Powder
- 5.3. Black Skim Milk Powder
- 5.4. White Skim Milk Powder
- 5.5. Green Skim Milk Powder
- 5.6. Oolong Skim Milk Powder
6. SKIMMED MILK POWDER MARKET BY APPLICATION
- 6.1. Introduction
- 6.2. Bakery Products
- 6.3. Confectionery
- 6.4. Nutritional Foods
- 6.5. Infant Formula
- 6.6. Frozen Desserts
- 6.7. Dry Mixes
7. SKIMMED MILK POWDER MARKET BY PACKAGING
- 7.1. Introduction
- 7.2. Loose Skim Milk Powder
- 7.3. Bagged Skim Milk Powder
- 7.4. Instant Skim Milk Powder
- 7.5. Bottled & Canned Skim Milk Powder
8. SKIMMED MILK POWDER MARKET BY DISTRIBUTION CHANNEL
- 8.1. Introduction
- 8.2. Supermarkets & Hypermarkets
- 8.3. Convenience Stores
- 8.4. Online
9. SKIMMED MILK POWDER MARKET BY GEOGRAPHY
- 9.1. Introduction
- 9.2. North America
- 9.2.1. By Product Type
- 9.2.2. By Application
- 9.2.3. By Packaging
- 9.2.4. By Distribution Channel
- 9.2.5. By Country
- 9.2.5.1. USA
- 9.2.5.2. Canada
- 9.2.5.3. Mexico
- 9.3. South America
- 9.3.1. By Product Type
- 9.3.2. By Application
- 9.3.3. By Packaging
- 9.3.4. By Distribution Channel
- 9.3.5. By Country
- 9.3.5.1. Brazil
- 9.3.5.2. Argentina
- 9.3.5.3. Others
- 9.4. Europe
- 9.4.1. By Product Type
- 9.4.2. By Application
- 9.4.3. By Packaging
- 9.4.4. By Distribution Channel
- 9.4.5. By Country
- 9.4.5.1. United Kingdom
- 9.4.5.2. Germany
- 9.4.5.3. France
- 9.4.5.4. Spain
- 9.4.5.5. Others
- 9.5. Middle East and Africa
- 9.5.1. By Product Type
- 9.5.2. By Application
- 9.5.3. By Packaging
- 9.5.4. By Distribution Channel
- 9.5.5. By Country
- 9.5.5.1. Saudi Arabia
- 9.5.5.2. UAE
- 9.5.5.3. Others
- 9.6. Asia Pacific
- 9.6.1. By Product Type
- 9.6.2. By Application
- 9.6.3. By Packaging
- 9.6.4. By Distribution Channel
- 9.6.5. By Country
- 9.6.5.1. China
- 9.6.5.2. Japan
- 9.6.5.3. India
- 9.6.5.4. South Korea
- 9.6.5.5. Taiwan
- 9.6.5.6. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
- 10.1. Major Players and Strategy Analysis
- 10.2. Market Share Analysis
- 10.3. Mergers, Acquisitions, Agreements, and Collaborations
- 10.4. Competitive Dashboard
11. COMPANY PROFILES
- 11.1. Nestle
- 11.2. Dairy America
- 11.3. Alpen Dairies
- 11.4. Nova Dairy products
- 11.5. Amul
- 11.6. Arla Foods amba
- 11.7. Olam International
- 11.8. Dana Dairy Group
- 11.9. Darigold
- 11.10. Fonterra Co-operative Group
- 11.11. Lactalis Ingredients
- 11.12. Royal FrieslandCampina N.V.
12. APPENDIX
- 12.1. Currency
- 12.2. Assumptions
- 12.3. Base and Forecast Years Timeline
- 12.4. Key benefits for the stakeholders
- 12.5. Research Methodology
- 12.6. Abbreviations