Global Milk Fat Fractions Market: Overview
The process of milk fractionation is performed to manufacture several milk products that feature different solid fats’ content. These obtained fractions have highly different chemical and physical properties, which helps to manufacture different kinds of dairy products. The demand and popularity of the milk fat fractions market across the globe can be attributed to the easy transportation and storage of food products owing to integrated logistic networks in different parts of the world.
Global Milk Fat Fractions Market: Growth Factors
The major growth driver of the milk fat fractions market in the future is the growing demand for cakes, cookies, pastries, etc., particularly in developing nations, such as India and China. Other factors that are anticipated to contribute notably toward the expansion of the milk fat fractions market globally over the estimated timeframe include the growing chocolate use for customized products and altering consumer preferences for flavored confectionery products. Furthermore, growing demand for croissants and pastries with a flaky and crusty texture is projected to positively impact the market for milk fat fractions in the years ahead. Several technological advancements related to the process of crystallization are also enhancing the efficient stearin formation, which is projected to help in producing improved products in terms of quality.
Global Milk Fat Fractions Market: Segmentation
The milk fat fractions market is categorized into product, application, form, and technology. By product, the milk fat fractions market includes high melting fractions, medium melting fractions, and low melting fractions. The medium melting fractions segment is likely to grow considerably in the future, owing to the growing demand for croissants and pastries with a flaky and crusty texture. On the basis of application, the market for milk fat fractions is classified into nutritional and nutraceuticals, cold spreadable butter, confectionery, bakery, and others. Confectionery products are projected to witness significant growth in the years ahead, owing to rising product demand witnessed among the children across various demographics, growing chocolate use for customized products, and altering consumer preferences for flavored confectionery products. Based on form, the market is segmented into solid and liquid. The solid formulation segment is anticipated to hold a notable share in the global market, due to the increasing demand from chocolates and spreads as a potential ingredient. The technology segment of the market includes short-path distillation, supercritical fluid extraction, solvent fractionation, and dry fractionation.
Global Milk Fat Fractions Market: Regional Analysis
By region, this global market is primarily divided into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The North American region is projected to dominate the milk fat fractions market over the estimated time period. This can be attributed to the easy transportation and storage of products owing to the integrated logistics network, flourishing dairy industry, and abundant availability of raw material. The Asia Pacific milk fat fractions market is likely to grow rapidly in the years ahead, owing to the rising population base of lactose intolerance and the increasing influence of western diet trends, such as growing demand for cakes, cookies, pastries, etc.
Global Milk Fat Fractions Market: Competitive Players
Some important players of the milk fat fractions market are Fonterra Cooperative, FIT Company, Flechard, MCT Dairies, Wilmar International, Oleo, Royal VIV Buisman, Glanbia Ingredients, Friesland Campina, and Uelzena Ingredients, among others.
Global Milk Fat Fractions Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- The UK
- France
- Germany
- The Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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- Assessment of niche industry developments
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- Emerging segments and regional markets
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