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Milk Permeate Powder Market Expansion to be Persistent During 2016 - 2024
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The global milk permeate powder market can be divided into five regions, namely North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). North America accounts for major share in global milk permeate powder market. In North America, U.S. milk permeate powder market accounts for significant share. This is attributed to the increasing number of permeate manufacturers and the growing interest for the use of permeates in food and beverage industries in the region.
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Europe is anticipated to project high CAGR during the forecast period as the region accounts for significant share in global milk ingredients market. APAC is expected to record high growth rate during the forecast period. The rising population in the region, has led to increasing demand for dairy products. APAC has a major share in the import market of dairy ingredients, which is expected to boost the growth of milk permeate powder market in the region. MEA and Latin America are expected to register moderate CAGR during the forecast period, owing to rise in demand for dairy products in these regions.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
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