The Indian skimmed milk powder (SMP) market exhibited strong growth during 2015-2020. Skimmed milk powder is obtained by removing the moisture from pasteurized skimmed milk. It is a rich source of essential nutrients required by the body for the overall growth. It contains low moisture, fat and milk protein content and is used as a substitute to whole milk powder by the consumers who want to reduce their calorie intake. The healthy growth of the market can be attributed to numerous forces. The market is primarily being driven by growing health consciousness among the consumers. Some of the other factors which have contributed to the growth of the market include increasing population, rising incomes, improving standards of living and penetration in the emerging regions. According to a recent report from IMARC Group, the Indian skimmed milk powder (SMP) market is expected to grow at a CAGR of around 13% during 2021-2026.

Milk powders are used as ingredients in a range of food products, including ice-cream, cultured milks and yogurts, chocolate, confectionery, bakery products, soups, and sauces. Buttermilk powders are used as replacers for skim-milk powder in applications where enhanced dairy flavors are desired.