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North America Buttermilk Powder Market Size, Share & Trends Analysis Report By Distribution Channel (B2B and B2C (Hypermarkets & Supermarkets, Convenience stores, Online, and Others)), By Nature, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 135 Pages
  • September 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6007479
The North America Buttermilk Powder Market would witness market growth of 5.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 42,707.2 Tonnes, showcasing a growth of 13.4% (2020-2023).

In the B2B sales channel, This Powder is increasingly sought after for its functional benefits in bulk applications. Sales are driven by demand from food manufacturers, beverage companies, and industrial processors who require high-quality ingredients for product development and production. This powder is used in bulk in dairy products, baked goods, and snacks, as well as in the formulation of custom food and beverage solutions. Market Trends indicate growth in B2B sales due to the expansion of food processing industries and a rising focus on product innovation. Companies are leveraging this powder for its consistency, flavor enhancement, and nutritional value. Thus, the B2B sales channel in US market registered a volume of 36,529.43 Tonnes in 2023.



The US market dominated the North America Buttermilk Powder Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.12 billion by 2031. The Canada market is experiencing a CAGR of 7.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8% during (2024 - 2031).

This powder is a staple ingredient in the food and beverage industry, valued for its distinct tangy flavour and functional properties. It enhances the flavour and texture of baked goods, such as cakes, muffins, and biscuits. It contributes to a moist crumb and a rich, tangy taste, making it a preferred choice in bakery products. Additionally, its ability to improve dough consistency and leavening makes it valuable in the confectionery sector.

In addition, this powder is used to produce various dairy products, including cheese, yogurt, and ice cream. This powder is used to produce probiotic supplements and fermented dairy products. Its natural fermentation properties and culture-supporting qualities make it a valuable ingredient in developing probiotic-rich foods and supplements, enhancing their effectiveness and flavour profile.

The Canadian food and beverage industry focuses on innovation and reformulation to meet evolving consumer preferences for healthier, more functional products. This powder is being utilized in new product formulations that cater to these trends, such as low-fat or high-protein options, boosting its market presence. The rise in artisan and specialty food products in Canada is impacting this market. Canadian producers are incorporating powder into artisanal cheeses, gourmet baked goods, and specialty sauces, driven by the demand for high-quality and distinctive food items. Hence, North America's growing food and beverage processing sector is expected to boost the demand for buttermilk powder in the region.

Based on Distribution Channel, the market is segmented into B2B and B2C (Hypermarkets & Supermarkets, Convenience stores, Online, and Others). Based on Nature, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Food & Beverages (Bakery & Confectionery, Dairy Products, Beverages, and Others), Foodservice, and Household. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Fonterra Co-operative Group Limited
  • Dairy Farmers of America, Inc.
  • Arla Foods amba
  • Agropur Dairy Cooperative
  • Kerry Group plc.
  • NOW Foods, Inc.
  • Uelzena Group
  • Valio Ltd.
  • North Cork Creameries Ltd.
  • Numidia B.V.

Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)

  • B2B
  • B2C
  • Hypermarkets & Supermarkets
  • Convenience stores
  • Online
  • Others

By Nature (Volume, Tonnes, USD Billion, 2020-2031)

  • Conventional
  • Organic

By Application (Volume, Tonnes, USD Billion, 2020-2031)

  • Food & Beverages
  • Bakery & Confectionery
  • Dairy Products
  • Beverages
  • Others
  • Foodservice
  • Household

By Country (Volume, Tonnes, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Buttermilk Powder Market, by Distribution Channel
1.4.2 North America Buttermilk Powder Market, by Nature
1.4.3 North America Buttermilk Powder Market, by Application
1.4.4 North America Buttermilk Powder Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Buttermilk Powder Market by Distribution Channel
4.1 North America B2B Market by Region
4.2 North America B2C Market by Region
4.3 North America Buttermilk Powder Market by B2C Type
4.3.1 North America Hypermarkets & Supermarkets Market by Country
4.3.2 North America Convenience stores Market by Country
4.3.3 North America Online Market by Country
4.3.4 North America Others Market by Country
Chapter 5. North America Buttermilk Powder Market by Nature
5.1 North America Conventional Market by Country
5.2 North America Organic Market by Country
Chapter 6. North America Buttermilk Powder Market by Application
6.1 North America Food & Beverages Market by Country
6.2 North America Buttermilk Powder Market by Food & Beverages Type
6.2.1 North America Bakery & Confectionery Market by Country
6.2.2 North America Dairy Products Market by Country
6.2.3 North America Beverages Market by Country
6.2.4 North America Others Market by Country
6.3 North America Foodservice Market by Country
6.4 North America Household Market by Country
Chapter 7. North America Buttermilk Powder Market by Country
7.1 US Buttermilk Powder Market
7.1.1 US Buttermilk Powder Market by Distribution Channel
7.1.1.1 US Buttermilk Powder Market by B2C Type
7.1.2 US Buttermilk Powder Market by Nature
7.1.3 US Buttermilk Powder Market by Application
7.1.3.1 US Buttermilk Powder Market by Food & Beverages Type
7.2 Canada Buttermilk Powder Market
7.2.1 Canada Buttermilk Powder Market by Distribution Channel
7.2.1.1 Canada Buttermilk Powder Market by B2C Type
7.2.2 Canada Buttermilk Powder Market by Nature
7.2.3 Canada Buttermilk Powder Market by Application
7.2.3.1 Canada Buttermilk Powder Market by Food & Beverages Type
7.3 Mexico Buttermilk Powder Market
7.3.1 Mexico Buttermilk Powder Market by Distribution Channel
7.3.1.1 Mexico Buttermilk Powder Market by B2C Type
7.3.2 Mexico Buttermilk Powder Market by Nature
7.3.3 Mexico Buttermilk Powder Market by Application
7.3.3.1 Mexico Buttermilk Powder Market by Food & Beverages Type
7.4 Rest of North America Buttermilk Powder Market
7.4.1 Rest of North America Buttermilk Powder Market by Distribution Channel
7.4.1.1 Rest of North America Buttermilk Powder Market by B2C Type
7.4.2 Rest of North America Buttermilk Powder Market by Nature
7.4.3 Rest of North America Buttermilk Powder Market by Application
7.4.3.1 Rest of North America Buttermilk Powder Market by Food & Beverages Type
Chapter 8. Company Profiles
8.1 Uelzena Ingredients (Uelzena Group)
8.1.1 Company Overview
8.2 Valio Ltd.
8.2.1 Company Overview
8.3 North Cork Creameries Ltd.
8.3.1 Company Overview
8.4 Numidia B.V.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.5 Fonterra Co-operative Group Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Dairy Farmers of America, Inc.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Arla Foods amba
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 Kerry Group PLC
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Agropur Dairy Cooperative
8.9.1 Company Overview
8.9.2 Financial Analysis
8.10. NOW Foods, Inc.
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Fonterra Co-operative Group Limited
  • Dairy Farmers of America, Inc.
  • Arla Foods amba
  • Agropur Dairy Cooperative
  • Kerry Group plc.
  • NOW Foods, Inc.
  • Uelzena Group
  • Valio Ltd.
  • North Cork Creameries Ltd.
  • Numidia B.V.

Methodology

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