The invention provides a milky white glass ceramic material and a preparation process thereof. The milky white glass ceramic material contains the following components: 67 to 74 percent of SiO2, 8.0 to 12 percent of Na2O, 0.3 to 2.5 percent of K2O, 6 to 9 percent of Al2O3, 3 to 5 percent of B2O3, 0.3 to 2 percent of CaO, 0.3 to 2 percent of ZnO, 0.5 to 2.5 percent of BaO, 0.3 to 2 percent of MgO, 2.5 to 4.8 percent of F and 0.5 to 2 percent of Li2O. The material is prepared by the following steps of: (1) weighing the following raw materials in part by weight: 4 to 9 parts of alumina powder, 0.5 to 3 parts of barium carbonate, 0.15 to 3.5 parts of calcium carbonate, 0.5 to 3 parts of fluorite, 0.5 to 4 parts of dolomite, 0.5 to 5 parts of potassium nitrate, 0.3 to 2 parts of magnesium oxide, 5 to 11 parts of borax pentahydrate, 5 to 10 parts of soda ash, 3.5 to 9 parts of sodium fluosilicate, 7 to 20 parts of albite, 1 to 5 parts of sodium nitrate, 50 to 70 parts of quartz sand, 0.25 to 2 parts of zinc oxide and 1 to 5 parts of lithium carbonate, and mixing the raw materials to obtain a batch; (2) putting the batch into an electric melting furnace, and performing all electric melting at the temperature of between 1,320 and 1,520 DEG C to obtain molten glass; (3) adjusting the temperature of the molten glass, and molding in a mould by a pressing or centrifugal method; (4) putting a molded product into an annealing kiln, and annealing at the temperature of between 530 and 620 DEG C for more than 60 minutes; and (5) performing toughening treatment after annealing.