Buttermilk powder embarked with the goodness of dairy and buttermilk properties but Can be consumed by lactose intolerant people as an dairy substitute as, as, the it is made from yoghurt and water and the combination of both are safe for lactose intolerant people apart, from this it is enriched with goodness of potassium, vitamins especially vitamins B12, calcium, riboflavin- an vitamin used to break down, carbohydrates protein and fats and thus buttermilk helps to maintain weight by cutting out on extra fat. Also, buttermilk is good source of phosphorus that helps body to maintain its energy and helps to filter out kidney waste and build strong teeth and bones. As, the major defect with dairy product is that they get spoil very soon owing to the large amount of beneficial bacteria present in it, as buttermilk is in its powdered form the shelf life of the product can be increased to a much larger time duration., buttermilk powder is in its growing phase hence, many industrialists are looking upon the product to invest their huge chunks over its R&D to find out the most innovative property of buttermilk powder and make profit in the market by launching such product.
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Increasing Demand for Buttermilk powder Owing to the Rising Health Conscious Demographics
The Buttermilk powder market is expanding globally. The Asia- Pacific region is the most targeted region as India alone is the biggest exporter of milk across the globe moreover the rising adoption of Buttermilk powder by the bakery, sauces and soups making industries in countries of this region estimates that Asia- Pacific region will dominate the global Buttermilk powder in forth-coming period.
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Global Buttermilk Powder: Market Segmentation
The global Buttermilk Powder market can be segmented based on nature:
The global Buttermilk Powder market can be segmented based on end- use:
- Food industry
- Baked products
- Dietary food
- Ice cream
- Chocolate products and confectionary
- Custard powder
- Beverage industry
The global Buttermilk Powder market can be segmented based on sales channels:
- Specialty Stores
- Online Stores
- Forecourt retailers
Buttermilk Powder Global: Key Players
The global market for Buttermilk powder is evolving due to increasing consumer’s awareness of health. Many manufacturers are focusing over Buttermilk powder due to its diversified uses in health enhancing property and number of application in food industry. Some of the global key manufacturers and suppliers of Buttermilk powder are - Uelzena Group, GFN FOOD SALES, Michigan Milk Producers Association, NZMP, Hoogwegt, Param Dairy Limited, KOMPASS INTERNATIONAL SA, and Vitagreen Products Pvt. Ltd Apart, from the many other manufacturers are showing keen interest in the Buttermilk powder market as the demand for them is growing widely owing to the increasingly health-conscious consumers.
Opportunities for Market Participants:
Buttermilk powder manufacturers are providing claims such as- kosher, halal certified which is helping them to extend their market in the GCC countries, as, well as the idea of clean labels and certified packaging is making buttermilk powder as a product very promising to its consumers, buttermilk powder as also used as a substitute for skimmed milk which helps it to benchmark itself in the product section, moreover its richness in proteins help it be an attractive product among the gym freaks and health concerned populations, moreover it is a pure natural product that helps it to remain in the trend. Buttermilk powder is also used to increase the aroma of the ready to use food by also helps to keep the food fresh and increase or sustain the emulsifying property of the food. As, butter milk is a richer source of phosphorus which helps in building the RNA &DNA which are damaged by any chance or process. Owing to its so many health benefits and applications many industrialists are showing their keen interest over the product.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.