The global consumption of dry whole milk powder is dominated by China, accounting for roughly 46%, followed by Brazil at nearly 19%. Other significant consumers include Algeria, Indonesia, and Mexico. The United States lags significantly behind with just above 1%. Year-on-year variations indicate growth in Mexico and the United States, with Mexico increasing by over 4% and the United States by nearly 6% in 2023. In contrast, Russia, Taiwan, and the Philippines showed noticeable declines.
Future trends to watch:
- China and Brazil are expected to maintain their dominance in the market.
- Potential recovery in consumption for countries with declining trends like Russia and the Philippines.
- Monitoring any substantial changes in the US consumption pattern, given its recent growth surge.
Top countries in Dry Whole Milk Powder Domestic Consumption Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 45.97 | 2023 | -2.98% | +2.02% | View data |
| 2 | 2 Brazil | 18.99 | 2023 | +8.7% | +1.43% | View data |
| 3 | 3 Algeria | 7.32 | 2023 | +3.85% | +1.96% | View data |
| 4 | 4 Indonesia | 4.18 | 2023 | 0% | +1.64% | View data |
| 5 | 5 Mexico | 3.42 | 2023 | 0% | +4.11% | View data |
| 6 | 6 Argentina | 2.17 | 2023 | +14.29% | +1.3% | View data |
| 7 | 7 Russia | 2.03 | 2023 | -3.85% | -5.59% | View data |
| 8 | 8 Chile | 1.84 | 2023 | +7.94% | +0.6% | View data |
| 9 | 9 United States | 1.11 | 2023 | +2.5% | +5.75% | View data |
| 10 | 10 Australia | 0.95 | 2023 | 0% | 0% | View data |
