Adult Powdered Milk Market size was valued at USD 11.2 Billion in 2024 and is forecasted to grow at a CAGR of 4.6% from 2026 to 2033, reaching USD 15.8 Billion by 2033.
The global Adult Powdered Milk Market was valued at approximately USD 10.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The rising demand for convenient and long lasting dairy alternatives among health conscious adults, especially in regions with limited access to fresh milk, is driving market growth. North America held a significant share in 2022, accounting for around USD 2.1 billion, owing to the increasing use of fortified milk powders for dietary supplementation and weight management. Europe followed closely with a market size of about USD 1.9 billion, supported by high consumption in the elderly population segment and growing awareness of bone health and calcium intake.
Asia Pacific dominated the global market in 2022, with a valuation surpassing USD 4.3 billion, driven by expanding middle class populations, urbanization, and a rising trend toward Western dietary habits. China and India remain key contributors due to their large consumer bases and increased disposable incomes. The Middle East and Africa accounted for approximately USD 850 million, fueled by growing nutritional awareness and the popularity of powdered milk in regions with fluctuating dairy supply chains. Latin America reached a market size of around USD 650 million in 2022, with Brazil and Mexico leading demand. Opportunities in the market include the development of organic and plant based powdered milk variants, tailored nutrition for aging populations, and expansion through e commerce platforms in emerging economies. Technological advancements in drying processes and flavor enhancement also open new avenues for product innovation and broader market reach.
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Abbott
Nestle
Anlene
Murray Goulburn
Régilait
Yili
Fasska
Yashily
Vreugdenhil Dairy
Anchor
GMP
Feihe
Tatura
Ausino Products
Wondersun
Able Food Sdn Bhd
Mengniu
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Adult Powdered Milk Market
Full-cream Powdered Milk
Skimmed Powdered Milk
Fortified Powdered Milk
Organic Powdered Milk
Non-Dairy Powdered Milk Alternatives
Online Retailers
Supermarkets and Hypermarkets
Health and Wellness Stores
Convenience Stores
Direct Sales
Adults aged 18-30
Adults aged 31-50
Adults aged 51 and above
High Protein Powdered Milk
Low Sugar Powdered Milk
High Calcium Powdered Milk
Reduced Lactose Powdered Milk
Plastic Containers
Pouches
Metal Canisters
Bulk Packaging
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Adult Powdered Milk Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Adult Powdered Milk Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Adult Powdered Milk Market, By Type
6. Global Adult Powdered Milk Market, By Application
7. Global Adult Powdered Milk Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Adult Powdered Milk Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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