Market Report

Global Powdered Milk Market Overview As per an estimation by UNICEF, 386,000 is the number of births per day which brings the global rate per annum to be around 141 million. Owing to effective measures by elite organizations and governments, infant mortality rate has decreased from 8.8 million in 1990 to 4.1 million in 2017 (WHO). UN Population Division released a periodic report for 2017 stating the number of children below 15 years to be 1.9 billion, constituting a major 27% of the world population. Milk is the main source of nutrition for infants and children and the powdered milk market is gaining traction due to its far longer shelf life than liquid milk. Cooling units or refrigerators are yet to enter the developing economies’ households and retail-markets, augmenting the application of powdered milk as it does not need to be refrigerated being low in moisture. IndustryARC business intelligence report ratifies the global powdered milk market size to be ranging from $10.0 - $10.4...

Global Powdered Milk Market Overview As per an estimation by UNICEF, 386,000 is the number of births per day which brings the global rate per annum to be around 141 million. Owing to effective measures by elite organizations and governments, infant mortality rate has decreased from 8.8 million in 1990 to 4.1 million in 2017 (WHO). UN Population Division released a periodic report for 2017 stating the number of children below 15 years to be 1.9 billion, constituting a major 27% of the world population. Milk is the main source of nutrition for infants and children and the powdered milk market is gaining traction due to its far longer shelf life than liquid milk. Cooling units or refrigerators are yet to enter the developing economies’ households and retail-markets, augmenting the application of powdered milk as it does not need to be refrigerated being low in moisture. IndustryARC business intelligence report ratifies the global powdered milk market size to be ranging from $10.0 - $10.4...