Global Milk Fat Fraction Market Size, Trends and Growth opportunity, By Products (High Melting Fraction, Low Melting Fraction, Medium Melting Fraction), By Forms (Solid, Liquid), By Technology (Dry Fractionation, Solvent Fractionation and Others) By Application (Sports Nutrition, Infant Formulas) By
Global Milk Fat Fraction Market
The Global Milk Fat Fraction market was valued at USD 8.5 billion in 2021 and it is expected to reach at USD 17.4 billion in 2027 at a CAGR 6% from 2022-2027.
Milk fat fractions are naturally lactose –free and nutrition rich with high content of vitamin A, E, and K12. As consumer nowadays becomes health conscious, milk fraction is gaining popularity among consumer because of health benefits. Milk Fractions are available in liquid and solid form, they are used in wide range of application including bakery, confectionery, nutraceuticals and cold spread butter. Milk Fat Fraction plays a vital role in human diet as it contains several vitamins which have numerous health benefits. It helps in weight loss and cures a range of health problems including diabetes, colon cancer and numerous digestive disorders.
Market Drivers
The accelerating consumption of pastries, bread, cakes and chocolate confectionery from the past couple of decades have shown the consumer attraction towards bakery, which escalates the demand for milk fat fraction. Moreover, rising consumption of milk and dairy products is expected to influence the growth of milk fat fractions. It is also used to boost the nutritional value due to its high calcium and vitamin content. Technological advancement in manufacturing process such as CO2 fractional technology and an increasing focus of manufacturers on concentrated butter products along with growing global dairy industry is further escalating the growth of market.
Market Restraints
The costs incurred in manufacturing of these products are generally high. Also lack of awareness among consumer regarding health benefit of milk fat fraction is creates an obstruction in growth of milk fat fraction market. Further commercialization of product takes the production of these products into the hands of big business-men and lot of supply chain which increases its cost and hence restricts the growth of Milk Fat Fractions Market.
COVID-19 Impact on Milk Fat Fraction Market
With the outbreak of covid-19 has adversely affected the growth of milk fat fraction market. Due to shutdown of restaurants, hotels and schools. This shifted the curve of consumption and sales of dairy products at negative side. Further, supply chain had also been disrupted in milk fat fraction manufacturing companies as well as in some areas milk man also faced problems as no one wanted to buy milk in fear of getting infected by coronavirus. However, despite all these disruptions the demand for dairy products escalated due to increasing interest in home home-baking.
Market Segmentation
The global milk fat fraction market is segmented on the basis of Products, Forms, Technology and Application. On the basis of products, it segmented into High melting fraction, Low melting fraction, Medium melting fraction. On the basis of forms, it segmented into Solid, Liquid. On the basis of technology it segmented into Short-Path Distillation, Supercritical Fluid Extraction, Solvent Fractionation and Dry Fractionation. On the basis of application it further segmented into Nutritional and Nutraceuticals, Cold Spreadable Butter, Sports Nutrition, Infant Formulas, Confectionary, Bakery and others.
Regional Analysis
The global Milk Fat Fraction Market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Europe is expected to remain at the forefront and hold the highest position as it accounts for more than 50% of the world’s total chocolate retail sales. Asia Pacific is also expected to expand its market particularly developing nations like China and India; the requirement for milk fat fraction increasing along with growing nutrition, nutraceutical, and dairy industries owing to rising inclination of consumers towards functional and healthy products will drive industry growth in the region.
Key Players
Various key players are listed in this report such as Uelzena Ingredients, Oleo Fats, Friesland Campina, Flechard.S.A, FIT Company, MCT Dairies, Fonterra Cooperative Group, Royal VIV Buisman, Glanbia Ingredients, and Wilmar International.
Market Taxonomy
By Forms
Solid
Liquid
By Products
High melting fraction
Low melting fraction
Medium melting fraction
By Technology
Short-Path Distillation
Supercritical Fluid Extraction
Solvent Fractionation
Dry Fractionation
By Application
Nutritional and Nutraceuticals
Cold Spreadable Butter
Sports Nutrition
Infant Formulas
Confectionary
Bakery
Others.
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Milk Fat Fraction Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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