MbM Group

• The global processed milk processing equipment market size was valued at USD 11.10 billion in 2024 and is expected to reach USD 16.41 billion by 2032, at a CAGR of 5.00% during the forecast period

• The market growth is largely fuelled by the increasing global demand for processed dairy products, rising investments in dairy automation technologies, and the expanding dairy industry in emerging economies

• In addition, the rising adoption of energy-efficient and sustainable equipment by dairy manufacturers to minimize operational costs and meet environmental regulations is significantly contributing to the market expansion

• The global hemp-derived cannabidiol market size was valued at USD 221.74 million in 2024 and is expected to reach USD 386.73 million by 2032, at a CAGR of 7.20% during the forecast period

• The market growth is largely fueled by the increasing awareness of the therapeutic benefits of hemp-derived cannabidiol (CBD) in managing conditions such as chronic pain, anxiety, epilepsy, and inflammation, leading to widespread product innovation and medical research across the globe

Welcome to our group MbM Group! A space for us to connect and share with each other. Start by posting your thoughts, sharing media, or creating a poll.