The consumption of dry whole milk powder in Argentina stood at 208.0 thousand metric tons in 2023. From 2024 to 2028, the forecasted values show a steady increase, with the consumption projected to reach 214.0 thousand metric tons by 2028. The year-on-year variation indicates incremental growth: 0.48% from 2024 to 2025, 0.95% from 2025 to 2026, 0.47% from 2026 to 2027, and 0.47% from 2027 to 2028. Over the past two years leading up to 2023, the trend showed minimal fluctuations with an average growth rate (CAGR) of approximately 0.48% over the last five years.
Future trends to watch for in the dry whole milk powder market in Argentina include potential impacts from global dairy supply chain shifts, local milk production capabilities, technological advancements in milk powder processing, and changing consumer preferences for dairy products. Monitoring these factors will be crucial for understanding and anticipating future market dynamics.
