Permeate market Exhibits Higher Growth Prospects During 2021-2027 | Arion Dairy Products B.V., Hoogwegt Group, Idaho Milk Products Inc.,

Permeate is a by-product obtained during ultrafiltration of milk to extract milk protein and fat. The extract is dried using advanced spray drying techniques. Milk permeate powder is a natural food ingredient with outstanding functional & nutritional characteristics and can be used to standardize milk. It is used in a varied range of applications including bakery, dairy, beverages, confectionery, seasonings, soups, sauces, and desserts.

Global permeate market is gaining major traction, owing to its application in standardizing milk while retaining taste and maintaining nutrition value at the same time. In food & beverages industry, permeate is used to enhance flavor and improve texture of food products. Low lactose permeate is now being used as electrolyte beverages. Growing global milk industry is expected to boost the permeate market during forecast period. According to Food and Agricultural Outlook, global milk consumption was registered at 811 million tons in 2017, which is projected to increase by 22% to 1,168 million tons by 2030.

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Market Taxonomy:-

On the basis of product type, the global permeate market is segmented into:
Whey permeate
Milk permeate

On the basis of end-use industry, the global permeate market is segmented into
Food & Beverages
Bakery & confectionary
Dairy
Soup & sauce
Beverages

In recent years, permeate has emerged as a partial replacement for sodium chloride for brining of meat and poultry products to lower the sodium content. Brining of meat products is essential to increase its shelf life, enhance taste, and retain tenderness while cooking. Growing meat consumption is also expected to propel growth of the global permeate market. According to Food and Agriculture Organization, the global per capita meat consumption was around 30.8 kg in 2016, which is expected to reach to 35.4 kg by 2026.

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Asia Pacific is expected to hold dominance in the global permeate market over the forecast period. Growing population and rising demand for processed food is expected to provide traction to permeate market during the forecast period. For instance, according to the Associated Chambers of Commerce and Industry of India, India processed food industry was valued at US$ 258 billion in 2015, which is expected to increase to US$ 482 billion by 2020.

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