Milk Powder Market Trends, Size and Forecast to 2030

The Global Milk Powder Market Size is expected to reach US$ 65.3 Billion by 2030, at a CAGR of 7.33 % during the forecast period 2021 to 2030. In the forecast period of 2021 to 2030, urban population growth will be a major element in the expansion of the milk powder market. A factory-produced dairy product called milk powder is made by dehydrating liquefied milk through a number of drying processes until it is a powder. The milk powder is convenient to travel with and is readily consumed by simply adding water to it.