Press release
High Fat Powder Market Size Forecasted To Achieve $131.34 Billion By 2029 With Steady Growth
"The High Fat Powder Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the High Fat Powder Market Size and Projected Growth Rate?
The high-fat powder market has experienced strong growth in recent years. It will grow from $88.5 billion in 2024 to $95.93 billion in 2025, with a CAGR of 8.4%. This growth is driven by a rising preference for indulgent flavors, the growing popularity of plant-based products, the prevalence of obesity, increasing confectionery production, higher consumption of processed foods, and a rise in meat consumption.
The high-fat powder market is expected to grow significantly, reaching $131.34 billion by 2029, at a CAGR of 8.2%. Growth drivers include the increasing demand for ready-to-eat products, rising interest in plant-based and vegan foods, dietary supplements, and convenient food options. Key trends include product innovation, advancements in packaging technologies, the development of cold chain logistics, and the introduction of innovative fat-powder formulations.
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What Are the Major Segments in the High Fat Powder Market?
The high fat powder market covered in this report is segmented -
1) By Type: Coconut Milk Powder, Cream Powder, Butter Powder, Other Types
2) By Distribution Channel: Hypermarkets Or Supermarkets, Specialty Stores, Online Sales Channel, Business To Business
3) By Application: Household, Commercial, Industrial
Subsegmemnts:
1) By Coconut Milk Powder: Organic Coconut Milk Powder, Regular Coconut Milk Powder, Instant Coconut Milk Powder, Full-Fat Coconut Milk Powder, Low-Fat Coconut Milk Powder
2) By Cream Powder: Whipping Cream Powder, Cooking Cream Powder, Light Cream Powder, Non-Dairy Cream Powder, Full-Fat Cream Powder
3) By Butter Powder: Dairy Butter Powder, Non-Dairy Butter Powder, Full-Fat Butter Powder, Low-Fat Butter Powder, Clarified Butter Powder (Ghee)
4) By Other Types: Cheese Powder, Milk Powder, Yogurt Powder, Egg Powder
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What Are The Driving High Fat Powder Market Evolution?
The growing demand for convenience foods is expected to boost the growth of the high-fat powder market. Convenience foods, which require minimal preparation and are typically ready-to-eat or easy to prepare, are gaining popularity due to busy lifestyles. These foods often contain high-fat powders to improve texture, flavor, and nutritional content, particularly in ket*ogenic diets and portable meal solutions. For example, in March 2024, the Bank of Ayudhya Public Company Limited projected that the Thai market for ready-to-eat food would grow by 3.0-4.0% annually from 2024 to 2026. As a result, the rising demand for convenience foods is propelling the growth of the high-fat powder market.
Which Firms Dominate The High Fat Powder Market Segments?
Major companies operating in the high fat powder market are BASF SE, FrieslandCampina Kievit, Fonterra Co-Operative Group Limited, Arla Foods Group, International Flavors and Fragrances Inc., Barry Callebaut AG, Kerry Group plc, HOCHDORF Group, Mokate S.A., Batory Foods, Corman SA, FutureCeuticals, Lactalis Group, Kanegrade Limited, All American Foods, Aarka*y Food Products Ltd, MEGGLE GmbH, Iprona SpA, NutraDry, Alpen Food Group, Castle Dairy
What Trends Are Expected to Dominate the High Fat Powder Market in the Next 5 Years?
Leading firms in the high fat powder market are channeling their efforts towards producing innovative products like high-fat cocoa powders. This is to satisfy the escalating demand for healthier, yet indulgent alternatives in the food and drink sector. High-fat cocoa powders have a greater amount of cocoa butter compared to their regular counterparts. For example, in April 2024, Barry Callebaut, a Swiss chocolate and cocoa provider, introduced their newest cocoa powder, MALEO, to the Asia-Pacific market. The conventional 10/12 MALEO variety offers a rich brown hue that augments the visual attractiveness of any cocoa-based item, in addition to a bolder and more chocolatey taste that delivers a powerful and lasting cocoa experience. The high-fat 22/24 MALEO powder creates a creamier sensation in the mouth, boosts texture and pleasure, and absorbs less water for excellent consistency in various uses. Employing the MALEO cocoa powders can result in around a 20 percent reduction in powder consumption, leading to financial savings.
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Which Is The Largest Region In The High Fat Powder Market?
North America was the largest region in the high fat powder market in 2024. The regions covered in the high fat powder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the High Fat Powder Market?
2. What is the CAGR expected in the High Fat Powder Market?
3. What Are the Key Innovations Transforming the High Fat Powder Industry?
4. Which Region Is Leading the High Fat Powder Market?
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