Report Predicts Milk Fat Fractions Market May Reach $14bn by 2024 Key Company Profiled -Uelzena Eg, FrieslandCampina, Royal VIV Buisman, Wilmar International, MCT Dairies, Inc, Fonterra
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Potential applications in chocolate fillings, cream fillings, cakes, pastries, butter cookies, desserts, ice cream and confectionery products will propel the milk fat fractions market size. Optimization for specific application due to its defined melting points are key properties stimulating the product penetration. In addition, enhanced flavor, creamy & crusty textures along with easy spread-ability will provide a positive outlook for industry growth.
Medium melting fractionated milk fat market is expected to value more than USD 6 billion by 2024. Strong outlook in bakery applications mainly including pastries and butter cookies due to its crusty & flaky texture will propel the product demand. Significant properties including wide range melting points from 15 0C to 30 0C along with technological advancement in crystallization process has enhanced the product scope.
Shifting consumer preference for food products with nutritional benefits coupled with growing awareness regarding ingredient content in food are among major factors driving fractionated milk fat market growth. Rich source of unsaturated lipids along with lactose free properties providing key health benefits have enhanced the product demand. Global Milk Fat Fractions Market is estimated to exceed USD 14 billion by 2024; according to a new research report by Global Market Insights, Inc.
Liquid formulations will witness growth over 5.5% up to 2024. Increasing consumer preference for olein butter products due to its key health benefits including cholesterol reduction will drive the fractionated milk fat market growth. Availability of broad range products including olein, super olein and top olein variations will provide positive outlook for product demand.
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Europe milk fat fractions market witnessed growth over 5.5% up to 2024. Stringent government regulations on saturated butter content in food products along with presence of major concentrated butter manufacturers are among key factors driving the regional demand. Growth in dairy, nutrition and nutraceutical industries due to rising consumer demand for healthy products will support industry demand.
Major fractionated milk fat manufacturers are
• Uelzena eG
• Glanbia Ingredients Ireland
• Royal VIV Buisman
• Wilmar International
• MCT Dairies, Inc
• FLECHARD SAS
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