A metal powder producing apparatus includes a molten metal supply unit, a cylinder body, and a cooling liquid introduction unit. The molten metal supply unit discharges a molten metal. The cylinder body is capable of being formed with a layer of a cooling liquid for cooling the molten metal on an inner circumference surface of the cylinder body. The cooling liquid introduction unit supplies the cooling liquid to an upper inside of the cylinder body. The inner circumference surface of the upper inside of the cylinder body has a substantially elliptical shape.