Lipolyzed Butter Fat Market To Report Impressive Growth, Revenue To Surge To US$ 11.7 Billion By 2024

With the presence of a large pool of participants, the global lipolyzed butter fat market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Cargill Inc., Dairyland Laboratories Inc., Flavorjen Group, and Shanghai Fuxin Fine Chemical Co., Ltd. are some of the key vendors of lipolyzed butter fat across the world. These players across lipolyzed butter fat market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the lipolyzed butter fat market study.

This review is based on a report by Zion Market Research, titled “Lipolyzed Butter Fat Market by End-Use Type (Dairy [Ice-Cream, Yogurt, and Others), Confectionaries, Bakery (Breads, Cakes, Muffins, and Others), and Others (Fats, Snacks, Oils, and Cereals): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024.”- Report at https://www.zionmarketresearch.com/report/lipolyzed-butter-fat-market

Citing an instance, on October 16, 2018, Arla Foods launched ‘Arla UK 360’ – a new business standard that will help the firm to do direct to consumer business in the UK dairy farming sector. In yet another instance, recently, Danone Corporation has decided to use color-coded labeling for all its fresh dairy items across Belgium. In a breakthrough that can boost North American lipolyzed butter fat market growth, in September 2018 NAFTA (North American free Trade Agreement) was renewed and is projected to benefit local dairy farms as well as wheat growers in North America.

As estimated in this report, the global lipolyzed butter fat market stood at US$ 8.4 billion in 2017. Witnessing a tremendous rise during the period from 2018 to 2024, the revenue in this lipolyzed butter fat market is expected to reach US$11.7 billion by the end of the forecast period.

Wide Product Applications Across Myriad Sectors To Enhance Market Scope

“Massive product use in dairy products, confectionary items, and bakery products is likely to boost the lipolyzed butter fat market trends over the coming years,” says the author of this lipolyzed butter fat market study. Apart from this, growing health consciousness among the consumers as well as extensive product applications witnessed across food sector will further drive the growth of lipolyzed butter market in the years ahead. In addition, massive use of microbial lipase enzyme in the lipolyzed butter fat is expected to further enhance the global popularity of the product, thereby further promoting lipolyzed butter fat market size in the years ahead.

Escalating Health Concerns To Support North America Maintain Dominance

Regionally, North America has been leading the worldwide lipolyzed butter fat market and is anticipated to continue on the dominant position in the years to come, states the lipolyzed butter fat market study. Growing health concerns among the people along with massive intake of dairy products is the key factor behind the dominance of the North America lipolyzed butter fat market. The high number of market players being headquartered in North America is another significant factor that is supporting the growth of this regional lipolyzed butter fat market.

The global lipolyzed butter fat market is segmented as follows:

By End-Use Type

• Dairy
  • Ice-cream
  • Yogurt
  • Others
• Bakery
  • Breads
  • Cakes
  • Muffins
  • Others
• Confectionaries
• Others (Oils, Fats, Cereals, Snacks, etc.)

By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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