Latin America Whole Milk Powder Market is predicted to grow at a CAGR of 6.0% from 2024 to 2032 and the market size is expected to be valued at USD 0.11 billion by 2032 from USD 0.07 billion in 2024.
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 people's diets are shifting toward dairy-rich tastes. The Latin America Whole milk powder market is driven by tising 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 for ultra-high-temperature milk.
dry whey products
dry buttermilk
dry whole milk
dry dairy blends
non-fat dry milk
nutritional foods
infant formulas
confectionaries
baked sweets & savouries
Brazil
Mexico
Argentina
The huge rise in spending in the Whole milk powder market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of a large customer base with rising disposable incomes is set to drive the market in the foreseeable future.
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