• The global Nonfat Dry Milk Powder market size was valued at US$ 8.92 billion in 2024 and is projected to reach US$ 12.34 billion by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.
• The United States Nonfat Dry Milk Powder market size was valued at US$ 2.34 billion in 2024 and is projected to reach US$ 3.12 billion by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.
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• Nonfat Dry Milk Powder is skimmed milk in powder form, offering protein and nutrients without fat content.
• The global market is growing steadily, driven by food industry applications and nutritional products. In 2023, production reached 2.5 million metric tons, with food processing accounting for 50% of consumption. The market saw a 20% increase in protein-fortified variant adoption in 2023. Standard grade dominates with a 65% market share, while high-heat treated variants are growing at 8% annually. North America leads with a 35% market share, while Asia Pacific is the fastest-growing region at 6.2% CAGR. The industry is focusing on developing enhanced preservation methods, with a 25% growth in R&D investments for quality improvement.
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