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The global skimmed milk powder market size was valued at USD 150.3 billion in 2024, with expectations to reach USD 262.2 billion by 2034, growing at a CAGR of 5.8%. Emerging economies are showing increasing demand for skimmed milk powder, thus reason for the constant change in skimmed milk powder to protein-rich diets. Innovation in processing methods and sustainable concerns are also the major driving forces in the skimmed milk powder market because producers are now more inclined toward reducing environmental effects.
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