The concentrated milk fat market is expected to rise at ~5% CAGR between 2020 and 2028, as it is cheapest source of milk solids available to manufacturers apart from other base ingredients such as milk itself.

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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“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.

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.

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CONCENTRATED MILK FAT MARKET STRUCTURE ANALYSIS

• The concentrated milk fat market shows a fair level of fragmentation.
• A number of startups and new entrants vying for a slice of this lucrative market continue to grow with each passing year.
• Manufacturers are leveraging unique strategies to maintain business continuity during the pandemic.
• M&A activities and product innovations remain key focus area of leading market players.
• Base year considered – 2019
• Actual estimates/Historical data – 2014 – 2018
• Forecast period – 2019 – 2028
• Market Value in 2019 – US$ 68 Mn
• Segments covered – Nature, Application, Form, Distribution Channel
• Regions covered – North America, Latin America, Europe, APEJ, Japan, and MEA
• Key Players – 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
• Growth Drivers –
  • Strong growth of dairy industry
  • Increased scope of application in bakery & confectionery industry
• Key Restraints –
  • Rise of lactose intolerance among consumers
  • Mass closure of foodservice industry due to COVID-19

Find More Valuable Insights on Concentrated milk fat Market

Future Market Insights, in its new offering, brings to fore an unbiased analysis of the global concentrated milk fat market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2028. The study divulges compelling insights on the concentrated milk fat market on the basis of application (bakery & confectionery, dairy products, soups & sauces, and others), nature (organic and conventional), form (dry and liquid), and distribution channel (Direct Sales/ B2B and Indirect Sales/ B2C) across six major regions.