Global Milk Fat Replacers Market Overview:
The Milk Fat Replacers are the alternatives of fat-free food product, low-fat options and dairy-free. The Milk Fat Replacers offer latest features that can provide less calories per gram, low cholesterol content and high protein content. Major driving factors for the Milk Fat Replacers market is deployment due to increasing disposable income, substantial growth due to economic development and other. This factor is expected to boost the global market. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries consumer are consciousness about the maintenance of a healthy diet. Some of the key players profiled in the study are Archer Daniels Midland Company (United States), Cargill Incorporated (United States), DuPont (United States), Arla Foods Ingredients Group P/S (Denmark), Ingredion (United States), FMC Corporation (United States), FELDAIFFCO (Malaysia), CP Kelco (United States), Kerry Inc (Ireland) and Pfizer Inc. (United States).
On the basis of geography, the market of Milk Fat Replacers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging, the sub-segment i.e. Corrugated Boxes will boost the Milk Fat Replacers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase Awareness of Animal Welfare.
- Increase in Demand of Milk Fat replacers at Developed Countries.
- Dynamic shift from dairy-based additives to non-dairy additives such a milk fat replacers.
- Reduce Intake Of Essential Fatty Acids.
- High Cost Associated With Product Price.
- Rise in Application of Milk Fat Replacers at Dairy Products, Bakery Products and Confectionaries.
- Increase In Economic Feasibility Leads To Grow The Milk Fat Replacers.
- Consumer Perception about the Flavor of Fat Replacers.
Major Market Developments:
In Oct 2017, Milk Specialties acquired Merrick’s, Inc. This acquisition is beneficial strategically to grow the milk replacer and protein encapsulated fat business and the company is also looking for investment in automation and increased production capacity at our existing plants.
Cargill Inc. launched Special fats and Milk Fat Substitutes which is beneficial in production of oil & fat, meat and milk products. The company exhibits this product portfolio in South-Eastern Asia, Africa and Latin America region.
“According to USDA and USDHHS , it’s denoted that the limiting total fat intake to no more than 30% of daily energy intake, with saturated fats no more than 10% and monounsaturated and polyunsaturated fats accounting for at least two-thirds of daily energy intake.”
Milk Fat Replacers Manufacturers, Milk Fat Replacers Traders, End-Use Market Participants of Different Segments of Milk Fat Replacers, Government and Research Organizations, Research and Consulting Firms, R&D Institutions and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Milk Fat Replacers market on the basis of product [Protein-based milk fat replacers, Carbohydrate-based milk fat replacers, Fat-based milk fat replacers and Lipid analogs] , application [Dairy products, Bakery products, Confectioneries, Beverages and Convenience foods], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Milk Fat Replacers market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Milk Fat Replacers industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Tate & Lyle (United Kingdom), Royal DSM N.V. (The Netherlands) and Grain Processing Corporation (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Milk Fat Replacers market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.