The Nonfat Milk Powder Market value was USD 12.64 billion in 2022 and is expected to reach USD 16.4 Billion in 2032 growing at a CAGR of 4.5% during the forecast period. The market is influenced by a number of variables, such as shifting consumer tastes towards low-fat and healthy food options, rising public knowledge of the health advantages of nonfat milk powder, and rising demand for convenience food items.

The shift in customer tastes towards healthful food alternatives is a major factor driving the nonfat milk powder market. Consumers are actively seeking food products that are low in fat and high in nutritional value as awareness of the advantages of a healthy diet grows. Nonfat milk powder is becoming more and more well-liked as a nutritious dietary component because it is a rich source of protein, Vitamins, and minerals. Also, due to the rising prevalence of Lactose Intolerance and milk allergies, there is a greater demand for nonfat milk powder as a suitable substitute for people who cannot consume conventional milk or milk products.

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