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Milk Fat Fractions Market Growth Analysis 2019 | Uelzena Ingredients, Royal VIV Buisman, Glanbia Ingredients and Friesland Campina
Milk Fat Fractions Market
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.
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Stringent government regulations on fat content in food products along with compliance for healthy butter ingredients will drive the fractionated milk fat market. Technological advancement in production process including supercritical CO2 fractionation technology will support the industry demand. Growth in global dairy industry along with increasing manufacturer focus on concentrated butter products will positively influence the industry demand.
Milk fat fractions comprise of milk fats and several milk derivative products that plays major role in the human diet owing to presence of nutritional benefits such as vitamins A, E and K2 fat soluble vitamins. Wide products range including fractioned butterfat, fractioned milk fat, high melting fractions and low melting fractions are supporting market growth in bakery and confectionery industry.
Confectionery segment is majorly driven by increasing demand for dark chocolates and milk chocolates owing to its pleasant mouth full taste offering. Butterfat influences the cocoa butter or chocolate mass crystallization process that enhances chocolate quality and soften the chocolate in high melting point until packaging of confectionery items.
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Increasing demand for low and cholesterol free products due to rising occurrences of obesity and cardiovascular diseases may hamper industry growth. High manufacturing cost owing to technology usage associated while processing may impact the milk fat fractions market price trend.
Bakery segment accounted for over 50% of the overall demand in 2016, the rising consumption of cakes, pastries, small baked goods, and butter cookies are among the key factor driving industry growth. Milk fat is widely used to enhance flavors of bakery items is the major factor boosting market demand. Confectionery applications generated more than USD 1.5 billion revenue in 2016. Increasing demand for white-dark chocolates, caramels, and toffee are stimulating market growth during a forecast time frame.
Dry fractions technology will observe over 7% CAGR up to 2024. Cost effectiveness and efficiency through simple production process are key properties driving melt crystallization technology. This process involves dissolving of melted milk fat in a solvent before it becomes crystals and dried fat has remained for several industrial applications.
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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.
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.
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