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Dairy Products
India Milk Market 2024
The milk market in India is projected to rise by USD 17.6 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 7.8 percent during the forecast period. The India milk market is primarily driven by the country’s strong cultural preference for dairy, which is deeply
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Dairy Products
Hong Kong Milk Market 2024
The milk market in Hong Kong is likely to register a CAGR of over 5% with an incremental growth of USD 101.8 million during the forecast period 2024-2029. The Hong Kong milk market is driven by a strong demand for premium and imported dairy products, reflecting the region’s affluent consumer base and preference for high-quality
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Dairy Products
China Milk Market 2024
According to the latest data, the market size of the milk industry in China is expected to rise by USD 4.6 billion with a CAGR of 1.6% by the end of 2029. The China milk market is driven by increasing health consciousness and the growing demand for premium dairy products among middle-class consumers. As awareness
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Dairy Products
Cambodia Milk Market 2024
According to the latest estimates, the milk market in Cambodia is set to achieve an incremental growth of USD 136.1 million, accelerating at a CAGR of almost 6.8% during the forecast period 2024-2029. The Cambodia milk market is driven by increasing urbanization and a shift towards modern retail formats, which are making dairy products more
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Dairy Products
Bangladesh Milk Market 2024
The milk market in Bangladesh was valued at USD 1,484 million in 2023 to USD 2,190 million by 2029, progressing at a CAGR of 6.7% from 2024 to 2029, according to the latest market study results. The Bangladesh milk market is primarily driven by rising health awareness and the increasing focus on nutritional intake among
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Dairy Products
Azerbaijan Milk Market 2024
The milk market in Azerbaijan is anticipated to increase by USD 371.4 million till 2029 at an average annual growth of 8.2 percent as per the latest market estimates. The Azerbaijan milk market is driven by increasing consumer demand for higher-quality dairy products, spurred by rising disposable incomes and a growing middle class. As living
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Dairy Products
Global Milk Market 2024
The global milk market size is projected to grow by USD 108.7 billion from 2024 to 2029, registering a CAGR of 5.5 percent, according to the latest market data. The global milk market is driven by a growing demand for dairy products in emerging economies, where rising incomes and urbanization are leading to increased consumption
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Dairy Products
North America Milk Market 2024
The milk in North America market is expected to increase by USD 2.8 billion, at a compound annual growth rate (CAGR) of 1.4% from 2024 to 2029, according to the latest edition of the Milk Market in North America Report. The North America milk market is primarily driven by evolving consumer preferences towards organic and
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Dairy Products
Latin America Milk Market 2024
The milk market in Latin America is projected to rise by USD 15.7 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 5.3 percent during the forecast period. The Latin America milk market is driven by a combination of rising consumer awareness about nutrition and
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Dairy Products
Asia Pacific Milk Market 2024
The milk market in Asia Pacific is likely to register a CAGR of over 5.7% with an incremental growth of USD 49.2 billion during the forecast period 2024-2029. The Asia Pacific milk market is propelled by rising disposable incomes and the growing middle class, particularly in emerging economies like China and India. As consumer purchasing
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Dairy Products
Europe Milk Market 2024
According to the latest data, the market size of the milk industry in Europe is expected to rise by USD 10.2 billion with a CAGR of 2.7% by the end of 2029. The Europe milk market is driven by increasing consumer demand for organic and plant-based milk alternatives, reflecting broader health and sustainability trends across
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Dairy Products
Middle East and Africa Milk Market 2024
According to the latest estimates, the milk market in Middle East and Africa is set to achieve an incremental growth of USD 30.8 billion, accelerating at a CAGR of almost 12.1% during the forecast period 2024-2029. The Middle East and Africa milk market is primarily driven by a rising population and increasing urbanization, which are