The Business Research Company’s report on the Milk Fat Fractions Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the milk fat fractions market in recent years?
Increasing demand for dairy products is expected to propel the growth of the milk-fat fractions market going forward. Dairy products are milk and any meal manufactured from milk, such as butter, cheese, ice cream, yogurt, and condensed and dried milk. Milk fat fractions give texture, flavor, color, three-dimensional structure, and functional behavior to milk products such as butter, cream, cheese, and dairy powders. Hence, the increasing demand for dairy products will increase the demand for milk fat fractions market. For instance, in November 2023, according to the International Dairy Foods Association, a US-based trade association, cheese consumption set an all-time high in 2022 to reach nearly 42 pounds per person, a half-pound per person increase from 2021. Therefore, the rise in demand for dairy products is driving the growth of milk fat fractions market.
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What is the projected market size of the milk fat fractions industry, and how is it expected to grow?
The milk fat fractions market size has grown strongly in recent years. It will grow from$16.18 billion in 2024 to $17.31 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to dairy industry growth, consumer preferences for healthy fats, processed food industry demand, confectionery and bakery applications, dairy product innovation, international trade and globalization
The milk fat fractions market size is expected to see strong growth in the next few years. It will grow to “$21.9 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to growing demand for specialty ingredients, plant-based alternatives, functional dairy products, e-commerce expansion, global expansion of dairy markets. Major trends in the forecast period include clean label and natural ingredients, customization and tailored solutions, dairy product innovation, technological advancements in fractionation, collaborations and partnerships.
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Who are the key players driving competition in the milk fat fractions market?
Major companies operating in the milk fat fractions market include Glanbia plc, Uelzena Milchwerke eGmbH, FIT Company, Oleo-Fats Incorporated, Koninklijke VIV Buisman B.V., Flechard S.A.S., Wilmar International Limited, MCT Dairies Inc., The Tatua Co-operative Dairy Company Ltd., Comarco Group, Anand Milk Union Limited, Saputo Dairy, Shanghai Guangyu Food Co. Ltd., United Dairy Group Ltd., Royal FrieslandCampina N.V., Groupe Lactalis, Arla Foods, Agropur Cooperative, Land O’Lakes Inc., Dairy Farmers of America, DMK Deutsches Milchkontor GmbH, Meggle Group, Hoogwegt Group, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Armor Proteines, Lactoprot Deutschland GmbH, Carbery Group, Orafti S.A.
What key trends are expected to drive the military wearables market during the forecast period?
Major companies operating in the Milk Fat Fractions market are focused on forming strategic partnerships to gain a competitive edge in the market. These partnerships play a crucial role in meeting consumer demands and navigating market challenges more effectively. For instance, in July 2024, Nourish Ingredients, an Australian-based technology company, partnered with Fonterra, a new Zealand-based dairy company. This partnership aims to develop innovative dairy products utilizing fermentation-based animal-like fats. This collaboration aims to leverage Nourish’s scientific expertise in creating specialty fats. Additionally, this partnership reflects a growing trend in the food industry where established companies collaborate with innovative startups to explore new ingredient technologies.
Which key geographies are driving the growth of the milk fat fractions market?
North America was the largest region in the milk fat fractions market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global milk fat fractions market during the forecast period. The regions covered in the milk fat fractions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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What are the key segments driving growth in the milk fat fractions market?
The milk fat fractions market covered in this report is segmented –
1) By Type: Low Melting Fractions, Medium Melting Fractions, High Melting Fractions
2) By Technology: Dry fractionation, Solvent fractionation, Supercritical fluid extraction, Short-path distillation
3) By Form: Texturized, Concentrated, Isolated
4) By Application: Nutritional And Nutraceuticals, Cold Spreadable Butter, Sports Nutrition, Infant Formulas, Confectionery, Bakery, Other Applications
Subsegments:
1) By Low Melting Fractions: Butterfat, Cream Fractions, Milk Fat Globs
2) By Medium Melting Fractions: Anhydrous Milk Fat (AMF), Cream Cheese, Milk Fat Concentrates
3) By High Melting Fractions: Ghee, Butter Oil, Fractionated Milk Fat
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What defines the structure and scope of the milk fat fractions market?
Milk fat fractions refer to the different components like triglycerides, which are made up of fatty acids and glycerol that make up the fat in milk. Milk fat fractions serve an important function in giving nourishment and vitamins to the human body, such as vitamin E and K2 soluble vitamins.
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