Global dry whole milk powder consumption saw China leading with 1.7 million metric tons in 2023, followed closely by New Zealand at 1.54 million metric tons. Other significant consumers included Brazil, Algeria, and Argentina. Smaller consumption figures were seen in countries like the United States, Australia, and Taiwan. From a year-on-year perspective, China, New Zealand, and Algeria showed notable growth. Conversely, consumption in Russia, the United States, and the Philippines declined significantly, illustrating shifting market dynamics over the past two years.
Future trends to watch include the potential for increased consumption in developing countries as they improve dairy processing infrastructures and consumer purchasing power grows. Additionally, sustainability concerns and dietary shifts could influence consumption patterns globally.
Top countries in Dry Whole Milk Powder Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,700 | 2023 | -2.86% | +2.05% | View data |
| 2 | 2 New Zealand | 1,540 | 2023 | +14.64% | +2.13% | View data |
| 3 | 3 Brazil | 701 | 2023 | +7.85% | +1.43% | View data |
| 4 | 4 Algeria | 270 | 2023 | +3.85% | +1.96% | View data |
| 5 | 5 Argentina | 200 | 2023 | -10.71% | -0.97% | View data |
| 6 | 6 Indonesia | 155 | 2023 | 0% | +1.77% | View data |
| 7 | 7 Mexico | 128 | 2023 | 0% | +0.32% | View data |
| 8 | 8 Russia | 77 | 2023 | -3.75% | -5.09% | View data |
| 9 | 9 United States | 76 | 2023 | -3.8% | -0.77% | View data |
| 10 | 10 Australia | 75 | 2023 | -19.35% | -3.58% | View data |
