Global Milk Powder Market Set to Reach $51.96 Billion by 2033: Growth Driven by Infant Formula, Convenience, and Health Trends. AI-Generated.
According to Renub Research Latest Report milk powder market is experiencing steady expansion, projected to reach $51.96 billion by 2033, up from $33.69 billion in 2024, reflecting a CAGR of 4.93% from 2025 to 2033, according to Renub Research. Milk powder remains a staple in households, bakeries, and the food and beverage industry, owing to its versatility, long shelf life, and nutritional value.