Market Outlook for Fat-filled milk powder Market:

Fat-filled milk powder is a conjugal between vegetable fats and dairy proteins. Fat-filled milk powder contains almost 26% protein and the fat content varies between 20%-50%. Fat-milk milk powder is applicable as a total or partial milk powder substitute. Fat-filled milk powder has lower formulation and production costs than whole milk products and is produced by the method of agglomeration and spray drying. The EU is one of the major markets in the fat-filled milk powder market and manufacturers are expanding in regions like Malaysia and MENA (Middle East & Africa), which apparently hold high potential in the fat-filled milk powder market. The fat-filled milk powder market is expected to be one the fastest growing segments in the dairy ingredients industry.

Fat-filled Milk Powder expected to fill the dearth of expensive milk-based value products

Fat-filled milk powder market has mostly capitalized on high whole milk products prices like butterfat in the market. Also, the fat-filled milk powder market exhibits less volatility as compared to the skimmed milk powder, so the substitution has proven to be very cost-effective for some manufacturers. While performing the same functions as that of skim milk powder, fat-filled milk powder has been used in a variety of industrial applications such as for the production of processed cheese, evaporated and condensed milk products. Fat-filled milk powder makes up a large share of the EU dairy exports. Fat-filled milk powder manufacturers are meticulously expanding in the Middle East & African region. The demand for fat blends such as fat-filled milk powders is also attributed to the political unrest in this region, which has resulted in high prices of milk products. The fat-filled market has ample opportunities to capitalize on the Middle East & African region because traditionally, milk and milk-based products consumption are significantly lower here which paves way for better consumer acceptability for fat-filled milk powder, given the good quality and cheapness of fat-filled milk powder. Within Europe, the major fat-filled milk powder markets are U.K., Netherlands, Ireland, and Denmark. The fat-filled milk powder also addresses some of consumers’ evolving needs such as sports nutrition and fitness goals amongst youngsters due to the high protein content of fat-filled milk powder. Manufacturers are also focusing on redesigning the packaging formats in which fat-filled milk powder is offered, in order to suit the consumer needs and convenience. Fat-filled milk powder offered in retail-sized packaging opens attracts a larger consumer base, as already consumers are uncertain to try fat-filled milk powder and for the trial of a new product, bulk packaging formats do not appear a very convenient option for these consumers. Manufacturers are also focusing on expanding their fat-filled milk powder production capacity to meet this huge demand in the market. The expansion is also strategic in terms of strengthening the footprint in the global fat-filled milk powder market.

Global Fat-filled milk powder Market: Segmentation:

The fat-filled milk powder market is segmented on the basis of fat content, fat source, end use, and distribution channel and packaging format.

On the basis of fat content, the fat-filled milk powder market is segmented into-

  • 20-30%
  • 31-50%

On the basis of fat source, the fat-filled milk powder market is segmented into-

  • Coconut
  • Palm
  • Soya

On the basis of end use, the fat-filled milk powder market is segmented into-

  • Dairy
  • Confectionery
  • Bakery
  • Soups & Sauces
  • Beverages
    • Flavored Drinks
    • Tea & Coffee
    • Smoothies & Milkshakes

On the basis of distribution channel, the fat-filled milk powder market is segmented into-

  • Direct
  • Indirect
    • Modern Trade
    • Discount Stores
    • Convenience Stores
    • Specialty Stores
    • Online Retail

On the basis of packaging format, the fat-filled milk powder market is segmented into-

  • Carton packs
  • Tins
  • Pouches & sachets
  • Bulk packaging

Global fat-filled milk powder market: Examples of some of the market participants in the global fat-filled milk powder market identified across the value chain include Société FIT, Fonterra Group, Vreugdenhil Dairy Foods, Dairygold Co-Operative Society Limited, Alpen Food Group B.V., Soufflet Group, Lactalis Ingredients, Hoogwegt Group, Armor Proteines, Aynes Food Industry and Trade Inc., CP Ingredients, Promac Enterprises Sdn Bhd., Revala Ltd, Polindus-Laktopol Capital Group and Glenstal Foods Ltd. amongst others.

Global Fat-filled milk powder Market: Key Developments

In May 2016, the dairy company Arla Foods amba expanded its repackaging facility of dairy ingredients- fat-filled milk powder and whole milk powder, based in Senegal. This strategic expansion is a gateway to further strengthen its presence in Africa. Through the expansion, the company will offer fat-filled milk powder in foil sachets which are affordable and user-friendly as compared to its older packaging formats.

In 2016, the company Dairygold Co-Operative Society Limited, a manufacturer of dairy ingredients upgraded its whole milk powder and fat-filled milk powder processing facility based in Mallow, Ireland.

Opportunities for Fat-filled milk powder Market Participants:

The fat-filled milk powder mainly capitalizes on consumers who have exhibited an economic purchasing strategy. Hence, products can be marketed with a cost-effectiveness tagline, especially targeting the consumer base with lower disposable income, especially in new markets. Fat-filled milk powder market can also exploit the health conscious trend amongst consumers and market the fat-filled milk powder as a protein-rich product.

Brief Approach to Research:

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the product types and end uses of the target product covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report:

Some of the key data points covered in our report include:

  • An overview of the market, including background and evolution
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  • In-depth pricing analysis, by key product segments, regions and by major market participants
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

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The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

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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.

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