Milk Powder Market Report by Types (Whole, Skimmed, Dairy Whitene, Buttermilk, Fat-Filled, and Other), Application (Nutritional Food, Infant Formulas, Confectionaries, Baked Sweets, Savories, and Others), Country and Company Analysis 2025-2033. Milk Powder Market Size
Global milk powder market is likely to grow to US$ 51.96 billion by 2030, from US$ 33.69 billion in 2024, with a growth rate of 4.93% CAGR from 2025 to 2033. According to Renub Research, this growth is due to the increasing demand for convenient dairy products, rising infant formula consumption, and growing health-conscious consumer trends.