About Fat Filled Milk Powder
Fat-filled milk powder (FFMP) is milk powder that has a fat content similar to whole milk powder which is obtained by blending high quality skimmed milk powder with vegetable fat. The powder is atomized (spray drying) in order to easily reconstitute the product. Fat filled milk powder can be an economical substitute for whole milk powder in many different applications such as dairy drinks, yogurts, coffee, and tea whiteners.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape of the fat-filled milk powder market is dynamic and evolving. Understanding the key players, their strategies, and the emerging trends is crucial for both established and aspiring companies to navigate this promising market successfully. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fat Filled Milk Powder market throughout the forecasted period. 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.
Alpen Food Group (Netherlands), NZMP (New Zealand), Dana Dairy (Switzerland), Vreugdenhil (Netherlands), Armor Proteines S.A.S. (France), Interfood (Netherlands), Holland Dairy Foods (Netherlands), Hoogwegt International, Glenstal Foods (Ireland), Glanbia Ingredients Ireland (Ireland), Revala Ltd (Estonia), Fonterra (New Zealand), TATURA (Australia), Olam (Malaysia), Foodexo (Poland), M-Power Food Industries(Singapore), United Dairy(China) and Dairygold (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Dale Farm Ltd (United Kingdom), Ornua (Ireland), FrieslandCampina Kievit (Netherlands), Mokate Ingredients (Poland) and Milky Holland (Netherlands).
Segmentation Overview
AMA Research has segmented the market of Global Fat Filled Milk Powder market by Type (26% Fat(min), 28% Fat(min) and Others), Application (Ice-cream, Bakery & Confectionery, Yogurt, Recombined Sweetened Condensed Milk, Chocolate, Consumer Powers and Others) and Region.
On the basis of geography, the market of Fat Filled Milk Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, New Zealand, 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 Fat source, the sub-segment i.e. Coconut will boost the Fat Filled Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Fat Filled Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Format, the sub-segment i.e. Carton packs will boost the Fat Filled Milk Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
rising demand for high protein dairy products
Market Growth Drivers:
Rise in Demand for Vitamin-enriched Affordable Dairy-based Ingredients and Increase in Demand for Bakery and Confectionery Products
Challenges:
Availability of Substitutes and High Competition Among Various Companies
Restraints:
Stringent Government Rules and Regulations
Opportunities:
Rising Tendency of Consumers to Spend on Innovative
Market Leaders and their expansionary development strategies
In November 2023, Amul and Emirates Airline started unique partnership involved Amul, a leading Indian FFMP producer, supplying its products for in-flight meals on Emirates Airline flights. This collaboration helped cater to the diverse dietary needs of passengers, particularly those seeking familiar flavors or vegetarian options.
In January 2024, The Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) announced the launch of Sagar Skimmed Milk across India. Sagar is one of the oldest brands of the GCMMF in milk powder and ghee segment. Sagar Skimmed Milk, which is aimed to meet the expectations of the changing consumer, will be sold at most affordable price to cater to the economic segment, as well health-conscious consumers
European exports of fat-filled milk powder are estimated at 797,000 tonnes in 2018.
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.