Milk Tea Powder Market Size, Trends, Analysis, and Outlook By Type (Bagged Product, Disposable Paper Cups, Others), By Application (Supermarkets/ Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Others), by Country, Segment, and Companie

Milk Tea Powder Market Size, Trends, Analysis, and Outlook By Type (Bagged Product, Disposable Paper Cups, Others), By Application (Supermarkets/ Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Others), by Country, Segment, and Companies, 2024-2032


Global Milk and Butter Market Size is valued at $339.8 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.7% to reach $529.4 Billion by 2032.

The Milk and Butter market is witnessing a resurgence in demand, driven by the growing interest in dairy's nutritional benefits and a rise in home cooking. With consumers becoming more health-conscious, there is a trend towards organic and grass-fed options, as individuals seek high-quality dairy products that align with their health goals. Additionally, the popularity of cooking shows and social media platforms is fueling interest in butter as a key ingredient in gourmet cooking, leading to increased sales. The trend toward sustainability is also influencing purchasing decisions, with consumers showing a preference for brands that emphasize ethical sourcing and environmentally friendly practices.

Milk and Butter Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Milk and Butter survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Milk and Butter industry.

Key market trends defining the global Milk and Butter demand in 2025 and Beyond

The Milk and Butter industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Milk and Butter Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Milk and Butter industry

Leading Milk and Butter companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Milk and Butter companies.

Milk and Butter Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Milk and Butter Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Milk and Butter industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Milk and Butter Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Milk and Butter Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Milk and Butter market segments. Similarly, strong market demand encourages Canadian Milk and Butter companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Milk and Butter Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Milk and Butter industry remains the major market for companies in the European Milk and Butter industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Milk and Butter market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Milk and Butter Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Milk and Butter in Asia Pacific. In particular, China, India, and South East Asian Milk and Butter markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Milk and Butter Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Milk and Butter Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Milk and Butter market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Milk and Butter.

Milk and Butter Company Profiles

The global Milk and Butter market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Amul, Arla Foods, Dairy Farmers of America, Danone S.A., DMK Group, Fonterra Co-operative Group Limited, Hochland SE, Lactalis Group, Land O'Lakes, Nestlé SA, Saputo Inc, Sodiaal, Yili Group.

Recent Milk and Butter Market Developments

The global Milk and Butter market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Milk and Butter Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:
By Type
Milk

Butter
By Application
Food

Beverages

Intermediate Products

Condiments

Others
By Packaging
Bottles

Pouches

Tins

Others
By Sales Channel
Online

Offline

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Amul

Arla Foods

Dairy Farmers of America

Danone S.A.

DMK Group

Fonterra Co-operative Group Limited

Hochland SE

Lactalis Group

Land O'Lakes

Nestlé SA

Saputo Inc

Sodiaal

Yili Group

Formats Available: Excel, PDF, and PPT


Chapter 1: Executive Summary
1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
1.3.1 Country Coverage
1.3.2 Companies Profiled
1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
1.3.4 Units
1.4 Abbreviations
Chapter 2. Milk Tea Powder Market Overview- 2025
2.1 An Introduction to the Global Milk Tea Powder Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024
Chapter 3. Strategic Analysis Review
3.1 Milk Tea Powder Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments
Chapter 4. Impact Analysis and Scenario Forecasts
4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Milk Tea Powder Market Outlook to 2032
4.6 Reference Case Scenario: Global Milk Tea Powder Market Outlook to 2032
4.7 High Growth Case Scenario: Global Milk Tea Powder Market Outlook to 2032
Chapter 5: Milk Tea Powder Market Dynamics
5.1 Key Milk Tea Powder Market Trends
5.2 Potential Milk Tea Powder Market Opportunities
5.3 Key Market Challenges
Chapter 6: Global Milk Tea Powder Market Analysis and Outlook to 2032
6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Type
Bagged Product
Disposable Paper Cups
Others
Application
Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
6.3 Global Market Outlook by Region, 2021 to 2032
Chapter 7: North America Milk Tea Powder Market Analysis and Outlook to 2032
7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Type
Bagged Product
Disposable Paper Cups
Others
Application
Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
7.3 North America Market Outlook by Country, 2021- 2032
7.3.1 United States Milk Tea Powder Market Size Forecast, 2021- 2032
7.3.2 Canada Milk Tea Powder Market Size Forecast, 2021- 2032
7.3.3 Mexico Milk Tea Powder Market Size Forecast, 2021- 2032
Chapter 8: Europe Milk Tea Powder Market Analysis and Outlook to 2032
8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Type
Bagged Product
Disposable Paper Cups
Others
Application
Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
8.3 Europe Market Outlook by Country, 2021- 2032
8.3.1 Germany Milk Tea Powder Market Size Forecast, 2021- 2032
8.3.2 France Milk Tea Powder Market Size Forecast, 2021- 2032
8.3.3 United Kingdom Milk Tea Powder Market Size Forecast, 2021- 2032
8.3.4 Spain Milk Tea Powder Market Size Forecast, 2021- 2032
8.3.5 Italy Milk Tea Powder Market Size Forecast, 2021- 2032
8.3.6 Russia Milk Tea Powder Market Size Forecast, 2021- 2032
8.3.7 Rest of Europe Milk Tea Powder Market Size Forecast, 2021- 2032
Chapter 9: Asia Pacific Milk Tea Powder Market Analysis and Outlook to 2032
9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Type
Bagged Product
Disposable Paper Cups
Others
Application
Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
9.3.1 China Milk Tea Powder Market Size Forecast, 2021- 2032
9.3.2 India Milk Tea Powder Market Size Forecast, 2021- 2032
9.3.3 Japan Milk Tea Powder Market Size Forecast, 2021- 2032
9.3.4 South Korea Milk Tea Powder Market Size Forecast, 2021- 2032
9.3.5 Australia Milk Tea Powder Market Size Forecast, 2021- 2032
9.3.6 South East Asia Milk Tea Powder Market Size Forecast, 2021- 2032
9.3.7 Rest of Asia Pacific Milk Tea Powder Market Size Forecast, 2021- 2032
Chapter 10: South America Milk Tea Powder Market Analysis and Outlook to 2032
10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Type
Bagged Product
Disposable Paper Cups
Others
Application
Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
10.3 South America Market Outlook by Country, 2021- 2032
10.3.1 Brazil Milk Tea Powder Market Size Forecast, 2021- 2032
10.3.2 Argentina Milk Tea Powder Market Size Forecast, 2021- 2032
10.3.3 Rest of South America Milk Tea Powder Market Size Forecast, 2021- 2032
Chapter 11: Middle East and Africa Milk Tea Powder Market Analysis and Outlook to 2032
11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Type
Bagged Product
Disposable Paper Cups
Others
Application
Supermarkets/ Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Others
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
11.3.1 Saudi Arabia Milk Tea Powder Market Size Forecast, 2021- 2032
11.3.2 The UAE Milk Tea Powder Market Size Forecast, 2021- 2032
11.3.3 Rest of Middle East Milk Tea Powder Market Size Forecast, 2021- 2032
11.3.4 South Africa Milk Tea Powder Market Size Forecast, 2021- 2032
11.3.4 Rest of Africa Milk Tea Powder Market Size Forecast, 2021- 2032
Chapter 12: Competitive Landscape
12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 Gino
Greenmax
Guangdong Strong Group
Hong Kong Tea Company
Mitsui Norin
Nestlé SA
Old Town
Shih Chen Foods
Unilever Plc
Uni-President
Xiangpiaopiao Food
Chapter 13: Sources and Research Methodology
13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information
List of Figures
Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Milk Tea Powder Market Outlook by Type, 2021- 2032
Figure 6: Global Milk Tea Powder Market Outlook by Application, 2021- 2032
Figure 7: Global Milk Tea Powder Market Outlook by Region, 2021- 2032
Figure 8: North America Milk Tea Powder Market Snapshot, Q4-2024
Figure 9: North America Milk Tea Powder Market Size Forecast by Type, 2021- 2032
Figure 10: North America Milk Tea Powder Market Size Forecast by Application, 2021- 2032
Figure 11: North America Milk Tea Powder Market Share by Country, 2023
Figure 12: Europe Milk Tea Powder Market Snapshot, Q4-2024
Figure 13: Europe Milk Tea Powder Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Milk Tea Powder Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Milk Tea Powder Market Share by Country, 2023
Figure 16: Asia Pacific Milk Tea Powder Market Snapshot, Q4-2024
Figure 17: Asia Pacific Milk Tea Powder Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Milk Tea Powder Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Milk Tea Powder Market Share by Country, 2023
Figure 20: South America Milk Tea Powder Market Snapshot, Q4-2024
Figure 21: South America Milk Tea Powder Market Size Forecast by Type, 2021- 2032
Figure 22: South America Milk Tea Powder Market Size Forecast by Application, 2021- 2032
Figure 23: South America Milk Tea Powder Market Share by Country, 2023
Figure 24: Middle East and Africa Milk Tea Powder Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Milk Tea Powder Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Milk Tea Powder Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Milk Tea Powder Market Share by Country, 2023
Figure 28: United States Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Milk Tea Powder Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology
List of Tables
Table 1: Market Scope and Segmentation
Table 2: Global Milk Tea Powder Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Milk Tea Powder Market Size Outlook by Segments, 2021- 2032
Table 7: Global Milk Tea Powder Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Milk Tea Powder Market Outlook by Type, 2021- 2032
Table 10: North America- Milk Tea Powder Market Outlook by Country, 2021- 2032
Table 11: Europe - Milk Tea Powder Market Outlook by Type, 2021- 2032
Table 12: Europe - Milk Tea Powder Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Milk Tea Powder Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Milk Tea Powder Market Outlook by Country, 2021- 2032
Table 15: South America- Milk Tea Powder Market Outlook by Type, 2021- 2032
Table 16: South America- Milk Tea Powder Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Milk Tea Powder Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Milk Tea Powder Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Milk Tea Powder Companies
Table 20: Product Profiles of Leading Milk Tea Powder Companies
Table 21: SWOT Profiles of Leading Milk Tea Powder Companies

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