Based on the 2024 forecast data, China leads in global dry whole milk powder domestic consumption with 1.7 million metric tons, followed by Brazil at 0.7 million metric tons, and Algeria at 0.27 million metric tons. Over the previous year, notable year-on-year percentage increases were observed in the United States (+5.75%), Mexico (+4.11%), and China (+2.02%), whereas significant decreases occurred in the Philippines (-13.65%), Ukraine (-7.79%), and Russia (-5.59%). The five-year compound annual growth rate (CAGR) shows Mexico leading with consistent growth, while the Philippines and Ukraine reflect a downward trend.
Future trends to watch include potential increases in consumption in emerging markets like Mexico and Brazil due to rising demand for dairy products. On the other hand, economic challenges in countries such as Russia and the Philippines could continue to suppress growth. Additionally, shifts in global trade policies and dairy production efficiencies may further influence these consumption patterns.
Top countries in Dry Whole Milk Powder Domestic Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,700 | 2023 | -2.98% | +2.02% | View data |
| 2 | 2 Brazil | 700 | 2023 | +8.7% | +1.43% | View data |
| 3 | 3 Algeria | 270 | 2023 | +3.85% | +1.96% | View data |
| 4 | 4 Indonesia | 154 | 2023 | 0% | +1.64% | View data |
| 5 | 5 Mexico | 126 | 2023 | 0% | +4.11% | View data |
| 6 | 6 Argentina | 80 | 2023 | +14.29% | +1.3% | View data |
| 7 | 7 Russia | 75 | 2023 | -3.85% | -5.59% | View data |
| 8 | 8 Chile | 68 | 2023 | +7.94% | +0.6% | View data |
| 9 | 9 United States | 41 | 2023 | +2.5% | +5.75% | View data |
| 10 | 10 Australia | 35 | 2023 | 0% | 0% | View data |
