Market Reports

Unlock 30% off global market reports with code ONLINE30 – get insights on tariff changes, macro trends, and global economic shifts. How has the skimmed milk powder market size changed in recent years, and what is the outlook ahead? The skimmed milk powder market size has grown strongly in recent years. It will grow from $9.95 billion in 2024 to $10.67 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increasing awareness about health and wellness, rising preference for convenient nutrition options, a rise in government initiatives promoting dairy consumption, increasing application in bakery and confectionery industries, and rising awareness of protein-rich diets. The skimmed milk powder market size is expected to see strong growth in the next few years. It will grow to $13.93 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing use in spor...