Asia Pacific Whole Milk Powder Market Research Report - Segmented Based on Type (dry Whey Products, Dry Buttermilk, Dry Whole Milk, Non-fat Dry Milk), By Application (nutritional Foods, Infant Formulas, Confectionaries, Baked Sweet And Savouries) And By Region - Asia-Pacific Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2024 to 2029)

Updated On: June, 2024

ID: 7941

Pages: 145

Asia Pacific Whole Milk Powder Market Size (2024 to 2029)

As per our analysis report, the Asia Pacific Whole milk powder market is expected to reach USD 0.28 billion by 2029 from USD 0.19 billion in 2024, growing at a compound annual growth rate (CAGR) of 7.56% during the forecast period

MARKET OVERVIEW

Milk powder is the dehydrated form of milk attained through evaporation. Before drying, pasteurized milk is homogenized and pre-concentrated. In recent times, milk powder has increased as a share of dairy products. Whole milk powder is increasingly being adopted as an alternative to fresh milk and the diets of people are shifting towards dairy-rich tastes. The growth of the Asia Pacific Whole milk powder Market is mainly driven by the rising disposable incomes and the primary appeal of the longer shelf life of milk powder, which aids in places with extreme temperatures and poor transport facilities. Further, the low transportation and storage costs of the product also act as major drivers of market growth. However, the market is constrained by incidents of adulteration and growing concerns about ultra-high-temperature milk.

This research report on the Asia Pacific Whole milk powder market has been segmented and sub-segmented into the following categories.

Asia Pacific Whole Milk Powder Market By Type

dry whey products
dry buttermilk
dry whole milk
dry dairy blends
non-fat dry milk

Asia Pacific Whole Milk Powder Market By Application

nutritional foods
infant formulas
confectionaries
baked sweets & savories

Asia Pacific Whole Milk Powder Market By Country

China
India
Japan
South Korea
Australia
Asia Pacific predicted to grow with the highest CAGR during the forecast period. Factors such as growing consumption coupled with the rapid growth in distribution channels are anticipated to lead the growth of the market in this region.