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Download Free sampleThe global Milk Powder market was valued at 1612.02 Million USD in 2021 and will grow with a CAGR of 1.93% from 2021 to 2027, based on Research newly published report.
The prime objective of Milk Powder Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Milk Powder Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Milk powder is a manufactured dairy product made, which is nutritious and healthy food used as a replacement of fresh milk.The production of milk powder increased from 6507 K MT in 2011 to 7567 K MT in 2015, with a CARG of 3.84 %.The manufacturers and consumers are concentrated in Europe, North America, Oceania and China. Fonterra is the largest manufacturer in the global market, which production reached 1332 K MT in 2015.Oceania is the largest production region in the world, which occupied 28.70 % share in 2015. The manufacture shares of Europe, North America and China were 26.24%, 16.06%, 28.70% and 10.03%.The consumption shares of Europe, North America, Oceania and China were 18.03%, 12.76%, and 10.20%. Oceania is the main export region and the export volume reached 1417 KMT in 2015.
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