Milk Fat Fractions Market projected to reach USD 14 billion with 7% CAGR by 2024

Global Milk Fat Fractions Market is estimated to exceed USD 14 billion by 2024. Potential applications in chocolate fillings, cream fillings, cakes, pastries, butter cookies, desserts, ice cream and confectionery products will propel the milk fat fractions market size. Optimization for specific application due to its defined melting points are key properties stimulating the product penetration. In addition, enhanced flavor, creamy & crusty textures along with easy spread-ability will provide a positive outlook for industry growth.

Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:

·         Uelzena eG

·         FrieslandCampina

·         Glanbia Ingredients Ireland

·         Royal VIV Buisman

·         Wilmar International

·         MCT Dairies, Inc

·         FLECHARD SAS

·         Fonterra

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2016 Market Size –USD 8 billion

Compound annual Growth Rate (CAGR)- 7%

2025 Forecast Value – USD 14 Billion +

Europe milk fat fractions market witnessed growth over 5.5% up to 2024. Stringent government regulations on saturated butter content in food products along with presence of major concentrated butter manufacturers are among key factors driving the regional demand. Growth in dairy, nutrition and nutraceutical industries due to rising consumer demand for healthy products will support industry demand.

Key Highlights of this report: 

Base Year: 2016

Growth Projections – 2017-2024

Historical data coverage:  2013 to 2016

Number of Pages – 300

Data Tables – 456

Stringent government regulations on fat content in food products along with compliance for healthy butter ingredients will drive the fractionated milk fat market. Technological advancement in production process including supercritical CO2 fractionation technology will support the industry demand. Growth in global dairy industry along with increasing manufacturer focus on concentrated butter products will positively influence the industry demand.

Growth Drivers of Milk Fat Fractions Market:

Shifting consumer preference for food products with nutritional benefits coupled with growing awareness regarding ingredient content in food are among major factors driving fractionated milk fat market growth. Rich source of unsaturated lipids along with lactose free properties providing key health benefits have enhanced the product demand.

Milk Fat Fractions Market Segmentation:

By Product

·         Low Melting Fractions (LMF)

·         Medium Melting Fractions (MMF)

·         High Melting Fractions (HMF)

By Technology

·         Dry fractionation

·         Solvent fractionation

·         Supercritical fluid extraction

·         Short-path distillation

By Form

·         Solid

·         Liquid

By Application

·         Bakery

·         Confectionery

·         Cold spreadable butter

·         Nutritional & nutraceuticals

·         Other dairy products

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Research Methodology:

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

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https://www.globenewswire.com/news-release/2019/03/15/1755121/0/en/Vegetable-Fats-Market-revenue-to-hit-130-billion-by-2025-Global-Market-Insights-Inc.html

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