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Dry Milk Products Packaging Market: By Packaging, By Product, and Region Forecast 2019-2030
Dry Milk Products Packaging Market size was valued at US$ 3,437.6 million in 2023 and is poised to grow at a CAGR of 4.6% from 2024 to 2030. Owing to the population pool and increase in demand for milk-based products in the Asia and Africa regions could be seen as an opportunity for the packaging manufacturers. The rising demand for packaging to prevent microbial contamination results in innovative designs and more excellent category activity. Consumers' interest in eco-friendly packaging companies is growing, and companies are working hard to develop eco-friendly packaging products. In the global dairy packaging dry milk products market, the metal cans segment accounted for a significant share of revenue in 2021 and is projected to dominate the market throughout the forecast period.
The milk powder packaging made of metal cans is of the highest quality and durability; the inner layer sealing is completely sealed, and the hard metal lid has a better sealing performance than foil film, particularly in terms of anti-extrusion in transport. Furthermore, government programs and subsidies include 100 percent FDI enabled in food processing through the FIPB to increase indigenous manufacturing and technologies such as Isotropic Polyester Film, and the use of Nanotechnology in packaging.
According to the FSSAI, "The evaluation of the health hazards of food packaging materials (FPMs) is a never-ending problem which is since FPMs have the ability to release and then transfer components into meals. The consumer may then be exposed to those components and/or their reaction products because of this transfer." Considering this, the FSSAI has embarked on a research and development project titled "Study of Chemical Containments in Food from Packaging Materials" in collaboration with the National Institute of Standards and Technology.
Study Period
2024-2030Base Year
2023CAGR
4.6%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
Introduction of smart/intelligent, and active packaging and consumer demand for longer shelf-life products and government initiatives to support environment-friendly packaging products coupled with the adoption of eco-friendly packaging by the market players are the major factors driving the growth of the market. Additionally, newly introduced packaging called Modified Atmosphere Packaging (MAP) and strategic alliances among the market players is fueling the growth of the market. Active packaging is an innovative packaging technology that incorporates certain additives into packaging film or within packaging containers by which the product increases the prolonged shelf life or enhances safety or sensory properties as well as maintains the quality of the food production continues to drive market growth in the coming years. However, the decreased shelf life of milk powders acts as a barrier to entry for new businesses.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 3,437.6 million |
Market CAGR |
4.6% |
By Packaging |
|
By Product Type |
|
By Region |
|
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The global dry milk products packaging market, valued at US$ 3,437.6 million in 2023, is projected to grow at a CAGR of 4.6% from 2024 to 2030.
Tetra Pak International S.A, Huhtamaki, Sealed Air Corporation, Orora Packaging Australia Pty Ltd, Amcor Limited
North America is the fastest-growing region for dry milk products packaging market
1. Executive Summary |
2. Global Dry Milk Products Packaging Market Introduction |
2.1.Global Dry Milk Products Packaging Market - Taxonomy |
2.2.Global Dry Milk Products Packaging Market - Definitions |
2.2.1.Packaging |
2.2.2.Product Type |
2.2.3.Region |
3. Global Dry Milk Products Packaging Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Dry Milk Products Packaging Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Dry Milk Products Packaging Market By Packaging, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Film Packaging |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Paper Bags |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. FIBC/Big Bags |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Metal Cans |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Dry Milk Products Packaging Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Dry Whole Milk |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Skimmed Dry Milk |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Dry Butter Milk |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Dry Whey |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Dry Milk Products Packaging Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. North America Dry Milk Products Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Packaging Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Film Packaging |
8.1.2.Paper Bags |
8.1.3.FIBC/Big Bags |
8.1.4.Metal Cans |
8.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Dry Whole Milk |
8.2.2.Skimmed Dry Milk |
8.2.3.Dry Butter Milk |
8.2.4.Dry Whey |
8.2.5.Others |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9. Europe Dry Milk Products Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Packaging Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Film Packaging |
9.1.2.Paper Bags |
9.1.3.FIBC/Big Bags |
9.1.4.Metal Cans |
9.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Dry Whole Milk |
9.2.2.Skimmed Dry Milk |
9.2.3.Dry Butter Milk |
9.2.4.Dry Whey |
9.2.5.Others |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10. Asia Pacific (APAC) Dry Milk Products Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Packaging Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Film Packaging |
10.1.2.Paper Bags |
10.1.3.FIBC/Big Bags |
10.1.4.Metal Cans |
10.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Dry Whole Milk |
10.2.2.Skimmed Dry Milk |
10.2.3.Dry Butter Milk |
10.2.4.Dry Whey |
10.2.5.Others |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11. Middle East and Africa (MEA) Dry Milk Products Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Packaging Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Film Packaging |
11.1.2.Paper Bags |
11.1.3.FIBC/Big Bags |
11.1.4.Metal Cans |
11.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Dry Whole Milk |
11.2.2.Skimmed Dry Milk |
11.2.3.Dry Butter Milk |
11.2.4.Dry Whey |
11.2.5.Others |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12. Latin America Dry Milk Products Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Packaging Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Film Packaging |
12.1.2.Paper Bags |
12.1.3.FIBC/Big Bags |
12.1.4.Metal Cans |
12.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Dry Whole Milk |
12.2.2.Skimmed Dry Milk |
12.2.3.Dry Butter Milk |
12.2.4.Dry Whey |
12.2.5.Others |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.Tetra Pak International S.A. |
13.2.2.Huhtamaki |
13.2.3.Sealed Air Corporation |
13.2.4.Orora Packaging Australia Pty Ltd |
13.2.5.Amcor Limited |
13.2.6.Mondi Group |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players