The global market for concentrated milk fat is anticipated to expand at a CAGR of 9.3% during the forecasted period, according to data from Future Market Insights. By 2032, it is anticipated that the market for condensed milk fat will be worth US$7.8 billion.
The latest technology used by several manufacturers has made it easier to produce large quantities of concentrated milk fat in no time. For example- Uelzena, a manufacturer of concentrated milk fat products, provides very special and high quality products using unique fractionalization technologies. The company is known for its customized milk fat products and innovations. It made cream filled candies with taste of nuts offering consumers mouth-watering products.
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Key Companies Profiled:
- Darigold, Inc.
- Grassland Dairy
- Lactalis Ingredients
- Pine River Dairy
- MCT Dairies
- Fonterra
- Campina Original
- Hoogwegt U.S.
- G&R Foods Inc.
- California Dairies, Inc.
- JLS Foods and FIT
“As the demand for organic products from consumers is increasing, this will increase the demand for concentrated milk fat as the product offers various health benefits. The market for concentrated milk fat is expected to arise with a good return. Moreover, the increased shelf life and convenient storage is another property that will accelerate its market growth in the forecast period.” says the FMI analyst.
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Key Takeaways from Concentrated Milk Fat Market Study
- High demand from end- use industries owing to its numerous benefits that includes better consistency, flavor support, plasticity, and improved elastic texture.
- Product availability in organic nature has helped the concentrated milk fat market to increase its consumer base to a much larger extend.
- As compared to developing regions, the sales value of the concentrated milk fat market is envisaged to be higher in countries of Europe, Australia, and New Zealand.
- New product development, acquisitions of local players and creating awareness about the welfare and application of concentrated milk fat through marketing activities and programs are some of the key drivers assisting the growth of the market.
Product Innovation Focuses on Health and Product Functionality
The concentrated milk fat market is still at its infancy, with plenty of room for improvement. Concentrated milk fat are widely accepted over milk owing to its easy storage and convenient transportation. Owing to its easy packaging property.
- Many existing as well as many startups are investing in the concentrated milk fat market owing to its steadily expanding market.
- SA Corman acquired the top position in the concentrated milk fat market owing to its great innovations that have revolutionized the concentrated milk fat market and now gives butter plasticity and recovery capacity.
Moreover, concentrated milk fat prevents various life threatening diseases such as- cancer, diabetics, atherogenic and long-term affecting health issues like obesity. This is possible because of the presence of conjugated linoleic acid, which is intentionally increased by manufacturers by the alteration in cow’s diet. Also, by separating milk fat into fractions spreadability of butter, meltability of module chocolate, and texture of low-fat cheese have been increased to a better quality and standard.
Concentrated Milk Fat Market Taxonomy
The global concentrated milk fat market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
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Nature
- Organic
- Conventional
Application
- Bakery & Confectionery
- Dairy Products
- Soups & Sauces
- Others
Form
- Dry
- Liquid
Distribution Channel
- Direct Sales/ B2B
- Indirect Sales/ B2C
Region
- North America
- Latin America
- Europe
- APEJ
- Japan
- Middle East & Africa
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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