The global milk mineral concentrate market size was valued at USD 103.0 million in 2021. The market is projected to grow from USD 105.6 million in 2022 to USD 145.1 million by 2029, exhibiting a CAGR of 4.6% during the forecast period.
This information is provided by Fortune Business Insights, in its report titled, “Milk Mineral Concentrate Market, 2022-2029.”
Get Sample PDF Brochure:https://www.fortunebusinessinsights.com/enquiry/sample/milk-mineral-concentrate-market-106901COVID-19 Impacts:Price Increase for Products and Raw Materials Due to COVID-19 Pandemic Favored the Market
COVID-19 had a beneficial impact on the milk mineral concentrate market growth. During the COVID-19 pandemic, there was a surge in the demand for milk and other dairy products. Due to minor disruptions in the supply chain and logistics, the producers of milk mineral concentrate experienced some difficulty obtaining raw materials and ingredients.
The higher demand for milk and dairy products among the population coupled with lower production of milk and other products resulted in higher raw materials prices.
To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit:https://www.fortunebusinessinsights.com/milk-mineral-concentrate-market-106901About Us:
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