Press release
Buttermilk Powder Market Will Grow to USD 5.2 Bn by 2032 | Persistence Market Research Report
The global buttermilk powder market is witnessing steady growth due to increasing demand from the food and beverage industry. Buttermilk powder, a versatile dairy ingredient, is widely used in bakery products, confectionery, dairy-based beverages, and ready-to-eat meals. The rise in consumer preference for convenience foods, coupled with the expanding application of buttermilk powder in the food processing sector, is driving market expansion. Additionally, the growing popularity of protein-rich dairy ingredients and clean-label products is further supporting market growth.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐏𝐃𝐅- https://www.persistencemarketresearch.com/samples/12508
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Key Growth Determinants
Expanding Bakery and Confectionery Sector: The increasing consumption of bakery products, such as cakes, biscuits, and cookies, where buttermilk powder acts as a natural emulsifier, is fueling demand.
Rising Demand for Functional Dairy Ingredients: Buttermilk powder is rich in phospholipids and proteins, making it a preferred choice in health-conscious food formulations.
Longer Shelf Life and Storage Benefits: Compared to liquid buttermilk, its powdered form offers extended shelf stability, making it an attractive option for food manufacturers.
Growth of the HoReCa (Hotels, Restaurants, and Catering) Sector: The increasing use of buttermilk powder in commercial kitchens for sauces, dressings, and gravies is boosting sales.
Major Growth Barriers
Price Fluctuations in Dairy Raw Materials: Volatility in milk prices can impact the cost of buttermilk powder, affecting profit margins for manufacturers.
Stringent Dairy Regulations: Compliance with food safety and quality regulations varies across regions, posing challenges for market expansion.
Competition from Plant-Based Alternatives: The rising demand for vegan and plant-based alternatives is a potential restraint for the buttermilk powder market.
Key Trends and Opportunities to Look at
Growing Popularity of Organic and Clean-Label Products: Consumers are increasingly opting for organic buttermilk powder with no artificial additives, creating new opportunities for market players.
Expansion in Emerging Markets: Developing economies, particularly in Asia-Pacific, are witnessing rising dairy product consumption, offering lucrative growth prospects.
Innovations in Processing Technology: Advanced drying technologies are improving product quality and shelf life, driving adoption in the food sector.
E-commerce Expansion in Dairy Products: The growing online retail market is enhancing accessibility and availability of buttermilk powder worldwide.
Key Market Players
Fonterra Co-operative Group
Arla Foods
Dairy America, Inc.
Agropur Dairy Cooperative
Lactalis Ingredients
Glanbia PLC
Sodiaal Group
FrieslandCampina
Schreiber Foods
AMCO Proteins
Market Forecast (2024-2032)
The buttermilk powder market is on an upward trajectory, with significant demand from various food processing industries. The increasing consumer preference for dairy-based protein sources, along with the expansion of the processed food sector, is likely to propel market growth.
The global buttermilk powder market is expected to attain a valuation of approximately US$ 3.2 billion by 2025. The market is poised to witness a steady CAGR of 7.1% throughout the forecast period, ultimately reaching a projected value of US$ 5.2 billion by 2032. This growth can be attributed to the rising demand for dairy-based functional ingredients, the expanding bakery and confectionery industry, and the increasing consumption of convenience foods worldwide.
Market Segmentation
By Nature
Organic
Conventional
By End Use
Food and Beverage Industry
Animal Feed Industry
Foodservice Industry
Retail/Households
By Distribution Channel
Business to Business
Business to Consumer
Hypermarkets/Supermarkets
Convenience Stores
Online Retail
Specialty Stores
By Region
North America
Latin America
Europe
East Asia
South Asia and Oceania
Middle East and Africa
Regional Frontrunners
North America: A dominant region due to the strong presence of the bakery and processed food industry.
Europe: High demand for dairy-based functional ingredients in food and beverage applications supports market expansion.
Asia-Pacific: Rapid urbanization and increasing disposable income are driving demand for convenience and dairy-based food products.
Latin America & Middle East & Africa: Emerging growth regions with expanding dairy sectors and increasing product awareness.
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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