According to projections, the infant milk formula industry is expected to grow at a compound annual growth rate (CAGR) of 13.5% over the following ten years, from a valuation of US$ 6.3 billion in 2024 to US$ 22.35 billion by the end of 2034. For babies, milk is the main food option. Formula milk, sometimes referred to as baby formula, is usually made by processing cow's milk to make...
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