About Fat Powders
Fat powders are used as a convenient replacement for butter, cream, and/or vegetable oil. The use of fat powders in dishes enhances creaminess, taste & texture. Besides, it increases the shelf life of the end product. It is widely used in soups, Tea, Coffee, Cappuccino, Sauces, Dressings and Spreads like Mayonnaise and Baked goods. Increasing incomes has raised the demand for restaurants & food chains, which in turn has continued to fuel the market for fat powders.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The competitive landscape and market dynamics is crucial for any company operating in the fat powder market. By strategically analyzing competitor offerings, identifying emerging trends, and capitalizing on new opportunities, businesses can gain a strong foothold and achieve sustainable growth in this dynamic sector. Analyst at AMA Research estimates that Netherlands Vendors will contribute the maximum growth to Global Fat Powders 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.
AAK International (United Kingdom), Pruthvi's Foods (India), Sunspray Food Ingredients (South Africa), FrieslandCampina (Netherlands), Meggle (Germany), Bha Belgium (Belgium), Balchem Ingredient Solutions (United States), Walter Rau (Germany), Imeko Dairy Products BV (Netherlands) and Vreugdenhil Dairy Foods (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fat Powders market by Type (Low-Fat and High-Fat), Application (Soups, Sauces, Batters, Gravies, Baked Goods, Beverages and Ice creams) and Region.
On the basis of geography, the market of Fat Powders 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 Distribution Channels, the sub-segment i.e. Online {E-Commerce Website} will boost the Fat Powders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Pouches & Sachets will boost the Fat Powders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Soybean Oil will boost the Fat Powders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Growing Demand for Bakery Products and Increasing Demand for Convenience Foods
Restraints:
Lack of Product Awareness
Opportunities:
Rising Disposable Incomes & Changing Consumer Patterns and A Rise in Supermarkets and E-Commerce Boom Creating Awareness
Market Leaders and their expansionary development strategies
In July 2023, Kerry, announced a partnership with Glanbia Nutritionals, a global leader in nutritional solutions, to expand its portfolio of high-fat powders. The partnership will combine Kerry's taste and texture expertise with Glanbia's nutritional know-how to create a wider range of high-quality, functional, and delicious high-fat powder solutions for the food and beverage industry.
In May 2023, Quest Nutrition launched its Keto Quest Fat Powder, a keto-friendly fat powder made with coconut oil powder, whey protein isolate, and sunflower lecithin. Quest Keto Quest Fat Powder can be used to add healthy fats to smoothies, yogurt, or baked goods.
Key Target Audience
Fat Powder Manufacturer, Distributor & Supplier, Government Bodies & Associations, Raw Material Supplier, End-User 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.