Milk permeates are the dairy products which are derived by removing the proteins and other non-required components from the milk and whey with the help of different techniques of separation. The milk permeate is obtained from milk after the various ultrafiltration processes. While producing the milk protein concentrates, milk permeate is obtained. The milk permeates are very essential in increasing the protein levels in food and beverages. It is also used as a bulking agent in food products. Manufacturers in the food and beverages industry are benefited by the application of the milk permeate as it reduces the overall cost of production required to manufacture the consumable nutritional and dietary products. Milk permeates are even used as a substitute for the milk powder and skim milk. The global milk permeate market has huge scope in the markets across the globe. There is a significant rise in the demand for milk permeate as a consequence of increased use of it in the food and beverages market. A large number of participants are entering the market with competitive prices. The increased competition has led to better solutions in the milk permeate market. The regions that are largely involved in the milk permeate market include Europe, North America, Asia, and Latin America. Some of the major players in the milk permeate market are CP Ingredients, Interfood Inc., Kaskat Dairy, Arion Dairy Products B.V., Fonterra Co-operative Group, FIR Company, and Numidia B.V.
Wide Range of Applications is Increasing the Demand for Milk Permeate Market
The key factor which is driving the global milk permeate market is the application of the milk permeate in reducing the overall cost of production in the food and beverages industry. The milk permeate is used as a bulking agent, due to which the products look attractive and bulky. Globally, there is a significant rise in the production of protein-rich ingredients in the market which is supporting the growth of the milk permeate market. The milk permeate market is driving upwards at a fast pace due to the increase in global protein consumption. The increasing health conscious population across the globe is also driving the milk permeate market. The main restraint that is hindering the growth of milk permeate is it has very limited use in the food products as it contains lactose and lactose has low sweetness, it creates digestive problems in people who cannot tolerate the lactose and is less soluble in the liquid. Also, there are substitutes available for milk permeate such as milk powder and skim milk.
Global Milk Permeate: Market Segmentation
On the basis of nature, the milk permeate market is segmented as:
On the basis of the form, the milk permeate market is segmented as:
On the basis of the application, the milk permeate market is segmented as:
- Bakery products
- Confectionery and chocolate
- Dry mixes
- Dairy products
- Sauces and soups
- Animal feed
Global Milk Permeate Market: Key Players
Some of the large players in the global milk permeate market are Grassland Dairy Products Inc., CP Ingredients, Senel BV, Baltic Dairy Board Ltd., Numidia BV, Arla Foods Ingredients, Innova Food Ingredients, Arion Dairy Products B.V., Idaho Milk Products, Goodman Fielder Pty Limited, Lactalis Ingredients, Craig's Cheese Shop, FIR Company, American Dairy Products Institute, Fonterra Co-operative Group, Euroduna Food Ingredients GmbH, Proliant Dairy Ingredients, Kaskat Dairy, DairyAmerica Inc., Interfood Inc., and Vitalus Nutritional Inc. These manufacturers are expanding their market across the globe.
Opportunities for Market Participants
Manufacturers of milk permeate have huge opportunities in the global market. The increase in the per capita income in the consumers renders huge opportunities to the manufacturers as consumers are keen on spending a good amount of money for better quality and taste. Moreover, there is a significant rise in the global food and beverages industry which has provided manufacturers huge opportunity in the milk permeate market.
The milk permeate market 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 milk permeate market 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 milk permeate market, including but not limited to: form, nature, and application.
The study is a source of reliable data on:
- Milk permeate market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The milk permeate market 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 milk permeate market 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 milk permeate market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the milk permeate market report projects the attractiveness of each major segment over the forecast period.
Highlights of the milk permeate market report:
- A complete backdrop analysis, which includes an assessment of the parent milk permeate market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the milk permeate market
- Recommendations to companies for strengthening their foothold in the milk permeate 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.