The global supply of dry whole milk powder in 2024 features China as the dominant player with a 30.51 thousand metric tons share. New Zealand follows closely at 26.93 thousand metric tons, while Brazil holds a significant position at 11.41. Notable market decreases include countries like Algeria and Australia, which saw reductions of 2.29% and 3.75% respectively between 2023 and 2024. Conversely, China (3.4%), Argentina (2.95%), and Indonesia (2.21%) experienced growth. Over the past five years, compound annual growth rates indicate a diverse performance among countries, reflecting varied market dynamics and regional supply policies.
Future trends to watch for include the sustainability and environmental practices influencing production capacities, potential shifts in trade policies impacting key exporting and importing countries, and technological advancements aiming to increase production efficiency and product quality. These factors will likely shape the global supply landscape of dry whole milk powder in the coming years.
Top countries in Dry Whole Milk Powder Supply Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 30.51 | 2023 | -1.32% | +3.4% | View data |
| 2 | 2 New Zealand | 26.93 | 2023 | +6.77% | +0.67% | View data |
| 3 | 3 Brazil | 11.41 | 2023 | +7.85% | +1.43% | View data |
| 4 | 4 Algeria | 4.77 | 2023 | 0% | -2.29% | View data |
| 5 | 5 Argentina | 4.33 | 2023 | -1.48% | +2.95% | View data |
| 6 | 6 Indonesia | 2.67 | 2023 | +0.61% | +2.21% | View data |
| 7 | 7 Mexico | 2.08 | 2023 | 0% | +0.32% | View data |
| 8 | 8 Australia | 1.55 | 2023 | -15.93% | -3.75% | View data |
| 9 | 9 Russia | 1.37 | 2023 | 0% | -5.76% | View data |
| 10 | 10 United States | 1.35 | 2023 | -3.49% | -0.71% | View data |
