Skimmed Milk Powder Market Size is Valued at USD 35.27 Billion in 2023, and is Projected to Reach USD 53.21 Billion by 2032, Growing at a CAGR of 5.30% From 2024-2032.
The SMP trade being well understood from its name, mainly undertakes the business of selling and purchasing of a dairy product that is powdery in form and most of the fat has been eliminated to prepare a nutritional product that contains most of the protein and vitamins found in whole milk.