Global Milk Powder Market size was US$ XX Bn in 2020 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX % during forecast period.

Milk Powder Market Overview:

Milk Powder Market size was valued at US$ 35.98 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 4.4% through 2024 to 2030, reaching nearly US$ 48.64 Bn.

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Market Scope:

Milk powder is a dry dairy product made by evaporating milk to dehydrate it. Making milk powder has the goal of extending the shelf life of milk without the need of a refrigerator. Whole milk powder, skimmed milk powder, dairy whitener, and various varieties of milk powder are available. It is commonly consumed around the world due to its nutritional benefits, and it has been used in infant formulae, confectionaries, baked pastries, and savoury dishes.

The global industrial cleaning chemicals market was valued at the US $ 60.35 Bn. in 2023, and it is expected to reach to US $ 98.18 Bn. with a CAGR of 7.2% during the forecast period.

Industrial cleaning chemicals are man-made chemicals used to clean and sanitize industrial facilities. These chemicals help to prevent corrosion on industrial equipment like pipelines, vessels, and heavy types of machinery. The cleaning and sanitization of industrial equipment and floors ensure the safety of workers and control chemical, biological, and environmental hazards in the workplace. These chemicals are extremely efficient, but a single product cannot fulfill multiple purposes. Thus, there is a requirement for advanced formulated products based on their specific application.

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Segmentation:



by Type

Whole Milk Powder
Skimmed Milk Powder
Dairy Whitener
Buttermilk Powder
Fat Filled Milk Powder
Other


by Application

Nutritional Food
Infant Formulas
Confectionaries
Baked Sweets & Savories
Others


by Distribution

Channel Hypermarkets and supermarkets
Convenience Stores
Food and drink specialists

Key Players: the key players are

1. The Procter and Gamble Company
2. The Clorox Company
3. Kimberley-Clark Corporation
4. Ecolab
5. Diversey Inc.
6. Dow
7. Graham Chemical Corporation
8. Croda International plc
9. BASF SE
10. Brenntag
11. Clariant SA
12. Solvay SA
13. Stephan Company
14. Spartan Chemical Company
15. Evonik Industries AG
16. Others


Regional Analysis:

The report has assessed the global Milk Powder Marketin the following regions:

America, North (the United States, Canada)
European Union (Germany, France, United Kingdom, Russia)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)


Key Questions answered in the Lithium Metal Market Report are:

Which key trends are likely to emerge in the Milk Powder Market in the forecast period?
What will be the Milk Powder Market size by 2027?
Which company had the biggest share in the Milk Powder Market in 2020?