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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.
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