About Milk Fat Replacers
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Milk Fat Replacers 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.
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) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Tate & Lyle (United Kingdom), Royal DSM N.V. (The Netherlands) and Grain Processing Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Milk Fat Replacers market by Type (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) and Region.
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.
Influencing Trend:
Dynamic shift from dairy-based additives to non-dairy additives such a milk fat replacers.
Market Growth Drivers:
Increase Awareness of Animal Welfare. and Increase in Demand of Milk Fat replacers at Developed Countries.
Challenges:
Consumer Perception about the Flavor of Fat Replacers.
Restraints:
Reduce Intake Of Essential Fatty Acids. and High Cost Associated With Product Price.
Opportunities:
Rise in Application of Milk Fat Replacers at Dairy Products, Bakery Products and Confectionaries. and Increase In Economic Feasibility Leads To Grow The Milk Fat Replacers.
Market Leaders and their expansionary development strategies
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. and May 2021: Cubiq Foods has launched Go!Drop, a fat replacer that enhances juiciness, provides a full flavor profile and contains fewer calories, reduced saturated fats, and 20% less oil. This innovative fat replacer is stabilized using vegan ingredients.
March 2023: Shiru, an artificial intelligence (AI) powered discovery and development company, launched OleoPro, a plant-protein-based fat ingredient for its use in alternative protein food products. The company claims that the new ingredient contains 90% less saturated fat.
“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.”
Key Target Audience
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
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.