Butter Milk Powder Market Scope
Buttermilk may be dried to obtain buttermilk powder. This ingredient is particularly liked for its emulsifier properties and its peculiar taste. Buttermilk powder has many uses in industrial pastry, dietetics, and feed, among others. Buttermilk powder has low-fat content and is a very good source of protein. Protein composition of buttermilk powder is the same as skimmed milk; however fat content in buttermilk powder is slightly higher than in skimmed milk powder. Buttermilk powder is also a source of calcium, riboflavin, phosphorus, and B12-vitamin.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Butter Milk Powder market throughout the predicted period.
Fonterra Co-Operative Group (New Zealand), Grain Millers, Inc. (United States), Agri-Mark, Inc. (United States), Land O’ Lakes, Inc. (United States), Dairy Farmers of America (United States), Associated Milk Producers, Inc. (United States), Arion Dairy Products B.V. (Netherlands), Innova Food Ingredients S.A. (Spain), Sterling Agro Industries Ltd. (India) and Saco Foods (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Butter Milk Powder market by Type (Spray Dried Buttermilk Powder and Atmospheric Roller Dried Buttermilk Powder), by Application (Bakery and Confectionery Products, Beverage, Specialty Foods, Soups and Sauces, Salad Dressings and Other) and Region with country level break-up.
On the basis of geography, the market of Butter Milk Powder 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).
On 14 April 2020, Saco Foods, the United States powdered Buttermilk Company said that it has seen a significant increase in demand for powdered goods due to quarantine baking. As people are staying home due to coronavirus pandemic, restaurants are closed, and baking has become a way to not only make food for the family, to also relieve boredom.
Market Trend
- The Rising Demand for Butter Milk Powder from the Bakery and Confectionery Products
Market Drivers
- Buttermilk Provides Longer Shelf Life Due To Decreased Moisture Content
- The Growing Demand for Dry Dairy Products Fuelling the Growth of the Market
- Increasing Number of Buttermilk Powder Applications in the Animal Feed Industry
Opportunities
- Growing the Demand for Buttermilk Powder from Developing Countries
- The Growing Demand for Dry Dairy Products is expected to open New Avenues during the projected period
Restraints
- Availability of Other Substitutes Restraints the Growth of the Market
Challenges
- Stringent Government Regulations towards the Quality
Key Target Audience
Butter Milk Powder Manufacturers, Butter Milk Powder Raw Material Suppliers, Butter Milk Powder Traders/Distributors, Butter Milk Powder Importer/Exporter, Research & Consulting Firms, Regulatory & Government Bodies, End Users and Others