According to Future Market Insights, the milk powder market is poised for significant growth, with its size expected to increase from US$ 35.26 billion in 2024 to US$ 51.89 billion by 2034. Over the next decade, a moderate 3.90% CAGR in the demand for Milk Powders is projected to drive the expansion, which had seen a CAGR of 3.66% …
Tag Archives: Milk Powder Market Industry forecast
Consumer Demand for Convenient Dairy Drives Milk Powder Market to USD 51.89 Billion by 2034, Says FMI
According to Future Market Insights, the milk powder market is poised for significant growth, with its size expected to increase from US$ 35.26 billion in 2024 to US$ 51.89 billion by 2034. Over the next decade, a moderate 3.90% CAGR in the demand for Milk Powders is projected to drive the expansion, which had …
Dairy Dynamics: Global Milk Powder Market Set to Surpass USD 34.5 Billion in 2022, Unleashing a 4.5% CAGR Surge through 2032| Fueled by Technological Advancements
Milk Powder Market Overview The milk powder market is set to witness growth at a CAGR of around 4.5% and top valuation of USD 50.1 Bn by 2032. Milk powder is a product that is obtained from various types of milk, which can determine its composition. The use of spray drying or roller drying methods during manufacturing makes it easy to store and …