The invention relates to the field of food, and particularly discloses formula milk powder for preventing and reducing hypertension, hyperglycemia and hyperlipidemia and preventing cancers. The formula milk powder comprises the following raw materials: skim milk powder, demineralized whey powder, concentrated whey protein powder, a hawthorn extract, a Chinese yam extract, a coix seed extract, a bitter gourd extract and haematococcus pluvialis. According to the formula milk powder provided by the invention, the skim milk powder, the demineralized whey powder, the concentrated whey protein powder, the hawthorn extract, the Chinese yam extract, the coix seed extract, the balsam pear extract, the haematococcus pluvialis and other raw materials are matched for use, so that the formula milk powder has the advantage of no toxic or side effect, is easy to absorb and digest, meets the basic nutritional requirements of middle-aged and elderly people. The formula milk powder also has the advantage of preventing cardiovascular and cerebrovascular diseases, is matched according to the principle of traditional Chinese pharmacology and dietary nutrition, has no allergic phenomenon, is safe and reliable, solves the problem that most existing formula milk powder has a relatively single function, and has a prevention effect on chronic diseases.