Milk powder with fat content of ≤1.5% market in Americas

Earlier Report Observations

The milk powder market in the Americas grew from 1.23 million tonnes in 2018 to a peak of 1.74 million tonnes in 2022, with a notable surge of 29% in 2020. This sharp increase was primarily driven by the COVID-19 pandemic, which altered consumption patterns as households stockpiled non-perishable dairy products, boosting demand for milk powder across the region.

Regulatory measures and technological advancements further shaped the market. In August 2022, the US FDA permitted Reckitt to import baby formula base powder from Mexico, facilitating trade and contributing to import volumes reaching 439 thousand tonnes that year. Simultaneously, improved drying technologies that better retain nutritional content in low-fat powder enhanced product appeal and supported consumer interest.

Shifting consumer preferences toward health-oriented options like organic, lactose-free, and low-fat milk powder influenced product launches and industry investments. In 2023, Dairy Farmers of America expanded its production capabilities by acquiring two extended shelf-life processing facilities, reflecting strategic responses to evolving demand even as market volume adjusted to 1.59 million tonnes.

Production milk powder with fat content of ≤1.5% in Americas

In kind, 2017-2020, K t

Top producers of milk powder with fat content of ≤1.5%, 2017-2020

World map of production of milk powder with fat content of ≤1.5%, 2017-2020

Production of milk powder with ≤1.5% fat content in the Americas increased for the second consecutive year. In 2020, the region produced 1,400 K t, marking a 7.7% year-over-year rise. Between 2017 and 2020, production grew by 8.7%, averaging an annualized rate of 2.8%. The lowest production level was recorded in 2018 at 1,264 K t, which also saw the largest decline of 1.8%.

Annual dynamics of production in Americas in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of milk powder with ≤1.5% fat content production in the Americas rose for the second year in a row. In 2020, output was valued at 4,028 M $ US, a sharp increase of 33.0% compared to the previous year. From 2017 to 2020, production value increased by 43.1%, with an annualized growth rate of 12.7%. The minimum value occurred in 2018 at 2,520 M $ US, which also experienced the largest decline of 10.4%.

Annual dynamics of production in Americas in value, 2017-2020, M $ US

Exports milk powder with fat content of ≤1.5% from Americas

Exports in kind, K t

Cross-border shipments of milk powder with ≤1.5% fat content from the Americas declined for the second consecutive year. In 2020, exports totaled 72.8 K t, a significant drop of 21.3% from 2019. Between 2017 and 2020, exports decreased by 46.1%, averaging an annualized decline of 18.6%. The peak was in 2018 at 163.2 K t, which saw the largest increase of 20.9%. The largest decline occurred in 2019, falling by 43.3%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, K t

From 2017 to 2020, exports of milk powder with ≤1.5% fat content from the Americas were not concentrated on a few key destinations. Algeria accounted for 14.1% of exports, Egypt for 7.9%, and the Philippines for 3.2%, together representing only 25.1% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Americas in kind, 2017-2020

Exports in value, M $ US

The value of exported milk powder with ≤1.5% fat content from the Americas fell for the second year in a row. In 2020, exports amounted to 210 M $ US, a slight decrease of 2.8% compared to 2019. Over the period 2017-2020, exports declined by 29%, with a compound annual growth rate (CAGR) of -10.8%. The highest value was recorded in 2018 at 325 M $ US, which saw the largest increase of 10.3%. The largest decline occurred in 2019, dropping by 33.8%.

Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US

Between 2017 and 2020, milk powder with ≤1.5% fat content from the Americas was exported to a diverse range of markets. The largest destinations—Algeria, Egypt, and Vietnam—together accounted for only 24.2% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Americas in value, 2017-2020

Imports milk powder with fat content of ≤1.5% to Americas

Imports in kind, K t

The import market showed an unstable trend during this period. Volumes dropped to their lowest in 2018 at 128.4 K t, which also saw the largest decline of 16.9%, and then climbed to a peak in 2020 at 403.7 K t, a 3.1-fold increase. In 2020, imports surged by 201.2% year-over-year.

Annual dynamics of product's imports to Americas in kind, 2017-2020, K t

Throughout 2017–2020, imports of milk powder with ≤1.5% fat content to the Americas were not concentrated on a few key markets. New Zealand and Germany each accounted for 2.4% of imports, and France for 1.5%, together making up only 6.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Americas in kind, 2017-2020

Imports in value, M $ US

In 2020, the value of milk powder with ≤1.5% fat content imports to the Americas reached 1,213 M $ US, up by 5.0% from the previous year. Between 2017 and 2020, imports increased by 19.1%, averaging an annualized rate of 6.0%. The largest increase occurred in 2018 at 14.3%, while the largest decline was in 2019 at 0.8%.

Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US

From 2017 to 2020, the partner landscape for imports in value terms was broad. New Zealand accounted for 3.0% of imports, Germany for 2.4%, and France for 1.5%, together forming only 6.9% of total flows, with the remaining 93.1% coming from many other countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Americas in value, 2017-2020