Dairy Supply Trends
Skim Milk Powder Supply Trends
The United States and the European Union (EU) are the largest producers of skim milk powder (SMP), producing over half of the world's supply. The U.S. has a leading share of global SMP trade, representing 28% of exports in 2013. It was followed by the E.U. (21%) and over 15 other exporting countries.
Dried Whey Supply Trends
The E.U. has a leading share in global SMP trade, representing 31% of exports in 2014. It was followed by the U.S. (26%) and New Zealand (18%). In 2014, global exports of whey products reached 1.54 million mt. The E.U. was the leading supplier with 34% of the market.