About Permeate
Permeate is the by-product obtained from dairy and whey concentrated in protein content. The permeate is made when whey or milk passes through the membrane after the filtration process. The whey or milk permeate are used in the food & beverages and animal feed industry. The food application of permeate includes bakery mixes, biscuits, cakes, etc. In the case of animal feed, it is safe to consume as it consists of required nutritional benefits.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.1% |
Competition among existing players is due to the Permeate market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Permeate Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Arla Foods amba (Denmark), Arion Dairy Products B.V. (Belgium), Volac International Limited (Woodford Holding) (United Kingdom), Hoogwegt Groep B.V. (Netherlands), Lactalis (France), Van Lee Melkprodukten BV (Netherlands), Armor Proteines (France), Idaho Milk Products (United States), DMK Group (Germany) and Eurial Ingredients & Nutrition (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Permeate market by Type (Milk and Whey), Application (Baking Mixes, Biscuits, Cakes, Feed and Others) and Region.
On the basis of geography, the market of Permeate 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 End Use Industry, the sub-segment i.e. Food and Beverage will boost the Permeate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Offline will boost the Permeate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Milk Permeate and its Usage in Baking Mixes and Rising Consumption of Bakery Products
Market Growth Drivers:
Demand for Permeate Products in Animal Feed industry as Bulking Agent and Increasing Application of Permeate in Various Food Application
Challenges:
Stiff Competition in the Permeate Market
Restraints:
Allergy-Related Risk with Consumption of Permeate
Opportunities:
Surging Dairy Industry Across the World will Boost the Permeate Market and Availability of Permeate in Online Platform
In September 2020, The merger of DV Nutrition and wheyco, under the umbrella of the German DMK Group, has been named wheyco Netherlands VOF. Whey permeate is filled into bags with the wheyco logo in Hoogeveen, the Netherlands, while customer contacts are maintained from the sales office in Hamburg, Germany. The DMK Group and dairy nutrition company Volac had already held shares in the DVN joint venture since 2004. The complete takeover by DMK followed in January 2020 in order to drive the expansion in the direction of European and Asian growth markets.
"The U.S. dairy industry has also been a pioneer in investing significant research and development efforts revealing the sensory, functional, and nutritional benefits of whey and milk permeate as cost-saving, flavor-enhancing, and sodium-reducing food and beverage ingredients. This includes investments by private U.S. companies manufacturing permeate, alongside efforts of U.S. state and regional dairy research centers and other U.S. dairy institutions to understand permeate's distinct advantages."
Key Target Audience
Product Manufacturers, Permeate International Traders, Product Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.