Projected Demand and Growth Trends for Modified Milk Ingredients Through 2032

The modified milk ingredients market is expected to develop at a 6.4% compound annual growth rate (CAGR) between 2022 and 2032, with revenues of USD 1085.6 million in 2022 and USD 1889.6 million in 2032. Modified milk ingredients are substances derived from milk mostly obtained after undergoing the process of vaporization, fermentation, fat separation, or homogenization. …