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Skim Milk Powder Market Report and Forecast 2025-2034

Published Jul 28, 2025
Length 177 Pages
SKU # EMAR20317993

Description

The global skim milk powder market size reached a value of around USD 9.46 Billion in 2024. The market is further expected to grow at a CAGR of 5.50% between 2025 and 2034, reaching a value of around USD 16.16 Billion by 2034.

Key Trends in the Market

Skim milk powder refers to the powdered version of skim milk, which is created by removing fat from fresh pasteurised milk and then evaporating the liquid to turn it into a dry powder. It has a longer shelf life and may be reconstituted into a liquid skim milk product by adding water. Skim milk is abundant in vitamins, minerals, potassium, phosphorus, magnesium, calcium, protein, and other vital elements, while being low in fat.
  • Skim milk powder is used to make a variety of bakery and confectionary products and food and beverages that are sold in restaurants and other commercial food outlets. The growing use of skim milk powder in the thriving food and beverage industry is assisting the skim milk powder market growth.
  • The demand for ready-to-eat (RTE) food products that use skim milk powder is expanding internationally as a result of rapid urbanisation, rising disposable income of consumers, and growing consumer demand for a healthy diet. This is one of the key skim milk powder market trends driving the market growth.
  • Skim milk powder is now being used more frequently when making baby food and infant formula to help with digestion. Rising awareness regarding benefits of skim milk powder and growing concerns of parents about infant formulas are further bolstering the skim milk powder market demand.
Global Skim Milk Powder Market Segmentation

“Skim Milk Powder Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type
  • Flavoured and Non-Fat
  • Whole Milk
  • Butter Milk
Market Breakup by Application
  • Bakery and Confectionery
  • Food and Beverages
  • Infant Formulas
  • Others
Market Breakup by Distribution Channel
  • Retail
  • Food Service
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Global Skim Milk Powder Market Share by Application

Infant formula applications of skim milk powder account for a sizable share of the market due to the rising awareness of the benefits of skim milk powder for infants and increasing demand for infant formulas. Skim milk powder is commonly used for infant formulas as it provides a significant quantity of vitamins and minerals without being too heavy for digestion. Infant formulas with skim milk powder are often advised for babies who have delicate stomachs and need formulas that are easy to digest and nutritious.

Global Skim Milk Powder Market Share by Region

North America is expected to witness substantial growth in the skim milk powder global market during the forecast period as a result of the increasing health consciousness of consumers and changes in lifestyle. The widespread knowledge of the advantages of skim milk powders and availability of several flavoured milk powders and a range of packaging options is the primary factor fuelling the growth of the market in the region.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global skim milk powder market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

Arla Foods amba

Arla Foods amba, founded in 2000 and headquartered in Viby, Denmark, is a global food company that focuses on dairy products. The company’s products using brand names Arla, Lurpak, and Castello Milk include milk powder, milk-based beverages, speciality cheese mozzarella, yoghurt, cheese spread, butter, and spreads.

Danone S.A.

Danone S.A., established in 1919 and based in Paris, France, is a significant provider of food and beverages. The core divisions of the company are medical nutrition, vital dairy and plant-based goods, and water, with a focus on fresh dairy products.

Gujarat Co-operative Milk Marketing Federation Ltd.

Gujarat Co-operative Milk Marketing Federation Ltd., founded in 1973 and headquartered in Gujrat, India is a leading dairy company Their product line includes milk in both UHT and pouch form, milk powders, ghee, infant formula, dairy whitener, buttermilk, and tea and coffee whiteners.

Other market players include Dairy Farmers of America Inc., Fonterra Co-operative Group Limited, Lactalis Group, Nestlé S.A., Westland Co-operative Dairy Co. Ltd., Vreugdenhil Groep BV, and Alpen Food Group B.V., among others.

Table of Contents

177 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Skim Milk Powder Market Analysis
5.1 Key Industry Highlights
5.2 Global Skim Milk Powder Historical Market (2018-2024)
5.3 Global Skim Milk Powder Market Forecast (2025-2034)
5.4 Global Skim Milk Powder Market by Type
5.4.1 Flavoured and Non-Fat
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Whole Milk
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Butter Milk
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.5 Global Skim Milk Powder Market by Application
5.5.1 Bakery and Confectionery
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Food and Beverages
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Infant Formulas
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Others
5.6 Global Skim Milk Powder Market by Distribution Channel
5.6.1 Retail
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Food Service
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.7 Global Skim Milk Powder Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
6 North America Skim Milk Powder Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Skim Milk Powder Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Skim Milk Powder Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Skim Milk Powder Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Skim Milk Powder Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Supplier Selection
14.2 Key Global Players
14.3 Key Regional Players
14.4 Key Player Strategies
14.5 Company Profiles
14.5.1 Arla Foods amba
14.5.1.1 Company Overview
14.5.1.2 Product Portfolio
14.5.1.3 Demographic Reach and Achievements
14.5.1.4 Certifications
14.5.2 Dairy Farmers of America Inc.
14.5.2.1 Company Overview
14.5.2.2 Product Portfolio
14.5.2.3 Demographic Reach and Achievements
14.5.2.4 Certifications
14.5.3 Danone S.A.
14.5.3.1 Company Overview
14.5.3.2 Product Portfolio
14.5.3.3 Demographic Reach and Achievements
14.5.3.4 Certifications
14.5.4 Fonterra Co-operative Group Limited
14.5.4.1 Company Overview
14.5.4.2 Product Portfolio
14.5.4.3 Demographic Reach and Achievements
14.5.4.4 Certifications
14.5.5 Lactalis Group
14.5.5.1 Company Overview
14.5.5.2 Product Portfolio
14.5.5.3 Demographic Reach and Achievements
14.5.5.4 Certifications
14.5.6 Nestlé S.A.
14.5.6.1 Company Overview
14.5.6.2 Product Portfolio
14.5.6.3 Demographic Reach and Achievements
14.5.6.4 Certifications
14.5.7 Westland Co-operative Dairy Co. Ltd.
14.5.7.1 Company Overview
14.5.7.2 Product Portfolio
14.5.7.3 Demographic Reach and Achievements
14.5.7.4 Certifications
14.5.8 Gujarat Co-operative Milk Marketing Federation Ltd.
14.5.8.1 Company Overview
14.5.8.2 Product Portfolio
14.5.8.3 Demographic Reach and Achievements
14.5.8.4 Certifications
14.5.9 Vreugdenhil Groep BV
14.5.9.1 Company Overview
14.5.9.2 Product Portfolio
14.5.9.3 Demographic Reach and Achievements
14.5.9.4 Certifications
14.5.10 Alpen Food Group B.V.
14.5.10.1 Company Overview
14.5.10.2 Product Portfolio
14.5.10.3 Demographic Reach and Achievements
14.5.10.4 Certifications
14.5.11 Other
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