According to a new report Global Milk Powder Market, published by KBV Research, The Global Milk Powder Market size is expected to reach $37.4 billion by 2025, rising at a market growth of 4.15% CAGR during the forecast period.
The Whole Milk Powder market dominated the Global Milk Powder Market by Product Type in 2018, growing at a CAGR of 3.9 % during the forecast period. The Skimmed Milk Powder market is expected to witness a CAGR of 4.5% during (2019-2025).
The Bakery Products market dominated the Global Milk Powder Market by Application in 2018, growing at a CAGR of 3.6 % during the forecast period. The Nutrition Food market is expected to witness a CAGR of 4.8% during (2019-2025).
The Asia Pacific market dominated the Global Milk Powder Market by Region in 2018, growing at a CAGR of 4.3 % during the forecast period. The LAMEA market is expected to witness a CAGR of 4.7% during (2019-2025). Additionally, The North America market is expected to witness a CAGR of 3.9% during (2019-2025).
Full Report: https://www.kbvresearch.com/milk-powder-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Danone S.A., Nestle S.A., Glanbia PLC, Arla Foods, Inc., Dairy Farmers of America, Inc., Cargill Corporation, Saputo, Inc., Dean Foods Company, The Kraft Heinz Company and Carbery Group Ltd.
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