The global milk powder market is estimated to increase at a CAGR of 4.03% from a market value of US$30,528.520 million in 2019 to achieve a market value of US$39,113.500 million by the end of 2025. The market is anticipated to develop at a huge pace attributable to its immense application across changed end-users. This incorporates confectionaries, bread shops, newborn child recipes, and healthful nourishments among others. The developing food service restaurants are further enlarging market development during the conjecture time frame.
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