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Milk Fat Fractions Market Share, Opportunities Analysis, Recent Trends, Regional Growth And Outlook By 2033
The new report published by The Business Research Company, titled Milk Fat Fractions Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the milk fat fractions market size has grown strongly in recent years. It will grow from $15.08 billion in 2023 to $16.18 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The milk fat fractions market size is expected to see strong growth in the next few years. It will grow to $20.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
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Increasing Demand For Dairy Products Fuels Growth In The Milk-Fat Fractions Market
Increasing demand for dairy products is expected to propel the growth of the milk-fat fractions market going forward. Dairy products are milk and any meal manufactured from milk, such as butter, cheese, ice cream, yogurt, and condensed and dried milk. Milk fat fractions give texture, flavor, color, three-dimensional structure, and functional behavior to milk products such as butter, cream, cheese, and dairy powders. Hence, the increasing demand for dairy products will increase the demand for milk fat fractions market. For instance, according to Foreign Agriculture Services, a US-based foreign affairs agency with primary responsibility for the United States Department of Agriculture (USDA), in 2022, European Union milk production raised by 0.2% to 150.45 million metric tons as compared to 2021. Further, milk product production such as cheese production to increase to 10.4 MMT, with an increase of 50,000 MT in 2021. Therefore, the rise in demand for dairy products is driving the growth of milk fat fractions market.
Technological Advancements Reshaping The Landscape Of The Milk Fat Fractions Market
Technological advancements are a key trend gaining popularity in the milk fat fractions market. Major companies operating in the milk-fat fractions market are adopting new technologies to sustain their position in the market. For instance, in November 2021, Arla Foods Amba, a Denmark-based dairy products manufacturer launched a revolutionary technology for milk fractionation using synthetic membranes. This Arla Foods Amba's patented technology enables optimal separation of milk into defined fractions which leads to the effective use of milk components like milk fat, casein, protein, and serums that enables well-denied milk fractionation for sports nutrition, infant formula, and medical nutrition. The controlled processing of this technology enables a reduction in processing steps and gentle milk processing.
The milk fat fractions market covered in this report is segmented -
1) By Type: Low Melting Fractions, Medium Melting Fractions, High Melting Fractions
2) By Technology: Dry fractionation, Solvent fractionation, Supercritical fluid extraction, Short-path distillation
3) By Form: Texturized, Concentrated, Isolated
4) By Application: Nutritional And Nutraceuticals, Cold Spreadable Butter, Sports Nutrition, Infant Formulas, Confectionery, Bakery, Other Applications
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Major companies operating in the milk fat fractions market report are Fonterra Co-operative Group Limited, Glanbia plc, Uelzena Milchwerke eGmbH, FIT Company, Oleo-Fats Incorporated, Koninklijke VIV Buisman B.V., Flechard S.A.S., Wilmar International Limited, MCT Dairies Inc., The Tatua Co-operative Dairy Company Ltd., Comarco Group, Anand Milk Union Limited, Saputo Dairy, Shanghai Guangyu Food Co. Ltd., United Dairy Group Ltd., Royal FrieslandCampina N.V., Royal VIVBuisman, Groupe Lactalis, Arla Foods, Agropur Cooperative, Land O'Lakes Inc., Dairy Farmers of America, DMK Deutsches Milchkontor GmbH, Meggle Group, Hoogwegt Group, Molkerei MEGGLE Wasserburg GmbH & Co. KG, Armor Proteines, Lactoprot Deutschland GmbH, Carbery Group, Orafti S.A.
Contents of the report:
1. Executive Summary
2. Milk Fat Fractions Market Report Structure
3. Milk Fat Fractions Market Trends And Strategies
4. Milk Fat Fractions Market - Macro Economic Scenario
5. Milk Fat Fractions Market Size And Growth
…..
27. Milk Fat Fractions Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Milk fat was fractionated by solvent (acetone) fractionation and dry fractionation. Based on their fatty acid and acyl-carbon profiles, the fractions could be divided into three main groups: high-melting triglycerides (HMT), middle-melting triglycerides (MMT), and low-melting triglycerides (LMT).
Fractionated Milk Fat has been witnessed increased…
