14-Oct-2024 | Zion Market Research
As per researchers at Zion Market Research, the global Milk Fat Fractions Market was worth USD 13.24 Billion in 2023. The market is forecast to reach USD 21.62 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period 2024-2032. The availability of wide range products counting super olein, olein, and top olein variations is likely to spur the market growth. The milk fat fractions are formed by the fractional crystallization process, by using melted milk fat. The milk fat fraction is full of vitamins and includes milk fats and other milk-derived products, which has a very important role in human nutrition since these are nutritious and include vitamins like vitamin E, K2 soluble vitamins, etc. All these aspects will propel the demand for milk fat fraction globally. Furthermore, milk fat fraction aids in curing other health issues like weight loss, diabetes, colon cancer, and digestive disorders resulting from surging the demand in the food industry, which is expected, to enhance the application in the global market.
Some of the key players in the market are Friesland Campina, Uelzena Ingredients, Royal VIV Buisman, Glanbia Ingredients, Wilmar International, FIT Company, Oleo Fats, MCT Dairies, Fonterra Cooperative Group, and Flechard. S.A.
Demand For Milk Fat Fraction To Spur The Global Milk Fat Fractions Market
At present, the demand for dairy products is surging and milk fat fraction has a vital role in dairy and confectionery products. Therefore, the demand for milk fat fraction is rising in the global market. Milk fat fraction presents a strong butter flavor and it can be included in milk powder to enhance the functionality, which augments the use of milk fat fraction. Additionally, milk fat is utilized for bakery products to offer flaky and crusty texture in croissants and pastries, which is expected to impel the growth of the global milk fat fraction market. The surging population of people having vitamin and calcium deficiency is also expected to increase the demand for milk products. The milk products are a rich source of unsaturated lipids and have lactose-free properties, which is a noteworthy factor prompting the demand for milk fat fraction.
The global milk fat fractions market is bifurcated on the basis of type, form, application industry, and region. Based on the type, the market is divided into organic, natural, and conventional. Based on the form, the market is segmented into concentrated, texturized, and isolated. Based on the application industry, the market is divided into nutraceuticals, bakery & confectionary, sports nutrition, and infant formulas.
The Asia Pacific Region Estimated To Witness A Massive Growth During The Forecasted Period
Based on geographical analysis, the global milk fat fractions market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The market in the North America region was valued more than USD 2.2 billion during 2016. The presence of a large number of food producers with ease in transportation and storage owing to incorporated logistic networks will impel the industry demand. The progress in the dairy industry coupled with plentiful raw material accessibility has amplified the product demand. The Asia Pacific market is estimated to record progress with a CAGR of over 6.3% during the forecasted period. The rising population having lactose intolerance will boost the industry demand as fractionated milk fat give better lactose-free alternatives mainly for children and women.
Browse the full “Milk Fat Fractions Market Product (High Melting Fractions, Medium Melting Fractions, Low Melting Fractions), Form (Solid, Liquid), Technology (Short-Path Distillation, Supercritical Fluid Extraction, Solvent Fractionation, Dry Fractionation), Application (Nutritional and Nutraceuticals, Cold Spreadable Butter, Confectionery, Bakery, Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/milk-fat-fractions-market
The global milk fat fractions market is segmented as follows:
On the basis of type:
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