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Fat-filled Milk Powder Market by Product Type (Fat Filled Milk Powder 26%, Instant Fat Filled Milk Powder 26%, Fat Filled Milk Powder 28%, Instant Fat Filled Milk Powder 28%), Distribution Channel (B2B, B2C), and Region 2024-2032

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    Report

  • 143 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5834395
The global fat-filled milk powder market size reached US$ 5.5 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 9.5 Billion by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2023-2032. The rising demand for dairy products, increasing product utilization in the food and beverage (F&B) industry, and the recent development of advanced production techniques represent some of the key factors driving the market.

Fat-filled milk powder refers to a thick, creamy product produced by blending skimmed milk powder with various vegetable fat, such as palm, coconut, and soybean oils. It is highly rich in calories, carbohydrates, proteins, vitamin D, calcium, and other minerals. It is widely used in cooking, bakery, confectionery, beverages, animal feed, infant formula, nutritional supplements, and dairy products. As compared to regular milk powder, fat-filled milk powder is highly nutritious, offers a longer shelf-life, and provides better functionalities. It also increases the flavor and aroma, improves texture, and enhances the overall taste of food products. Fat-filled milk powder is also low in cholesterol and offers several health benefits, such as strengthening bones and teeth, increasing satiety, maintaining muscle mass, and reducing the risk of osteoporosis and cardiovascular diseases (CVDs).

Fat-filled Milk Powder Market Trends:

The rising demand for dairy products due to increasing health consciousness among the masses is one of the key factors propelling the market growth. Fat-filled Milk Powder is widely used in yogurt, cheese, ice creams, butter, and flavored milk, owing to its smooth and creamy texture. In addition to this, the widespread product adoption due to its long shelf-life, easy storage, and convenient use is acting as another growth-inducing factor. Furthermore, the increasing product utilization in the food and beverage (F&B) industry to produce cakes, cookies, pastries, chocolate, desserts, bread, soup, sauces, gravies, dips, noodles, and instant meals is providing an impetus to the market growth. Additionally, the recent development of advanced production techniques, such as spray drying, to produce high-quality fat-filled milk powder with consistent form, solubility, and dispersibility is positively influencing the market growth. Besides this, the introduction of fortified fat-filled Milk Powder, which is enriched with additional nutrients, such as iron, zinc, and vitamin A, to increase nutrient intake, strengthen the immune system, improve eye health, and promote overall wellness is favoring the market growth. Moreover, the growing product utilization in animal feeds as an energy source and easily digestible nutrient for calves, pigs, and poultry is supporting the market growth. Other factors, including rising expenditure capacities of consumers, extensive research and development (R&D) activities, easy product availability across e-commerce platforms, and the growing demand for clean-label products, are anticipated to drive the market growth.

Key Market Segmentation:

The report provides an analysis of the key trends in each segment of the global fat-filled milk powder market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product type and distribution channel.

Product Type Insights:

Fat Filled Milk Powder 26%
Instant Fat Filled Milk Powder 26%
Fat Filled Milk Powder 28%
Instant Fat Filled Milk Powder 28%

The report has provided a detailed breakup and analysis of the fat-filled milk powder market based on the product type. This includes fat filled milk powder 26%, instant fat filled milk powder 26%, fat filled milk powder 28%, instant fat filled milk powder 28%.

Distribution Channel Insights:

B2B
Dairy Products
Bakery Products
Confectionaries
Ice Cream
Others
B2C

A detailed breakup and analysis of the fat-filled milk powder market based on the distribution channel has also been provided in the report. This includes B2B (dairy products, bakery products, confectionaries, ice cream, and others) and B2C.

Regional Insights:

North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for fat-filled milk powder. Some of the factors driving the North America fat-filled milk powder market included rising expenditure capacities of consumers, increasing health consciousness among the masses, and rapid technological advancements.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global fat-filled milk powder market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Alpen Food Group B.V, Bonilait Proteines, CP Ingredients Limited (GOBIA GROUP LIMITED), Dairygold Co-Operative Society Limited, Dana Dairy Group, Fitsa Group, Fonterra Ltd, Foodexo, Hoogwegt International, Lactalis Ingredients, Lakeland Diaries, Polindus, Prolac, Vreugdenhil Dairy Foods, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

How has the global fat-filled milk powder market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global fat-filled milk powder market?
What is the impact of each driver, restraint, and opportunity on the global fat-filled milk powder market?
What are the key regional markets?
Which countries represent the most attractive fat-filled milk powder market?
What is the breakup of the market based on the product type?
Which is the most attractive product type in the fat-filled milk powder market?
What is the breakup of the market based on the distribution channel?
Which is the most attractive distribution channel in the fat-filled milk powder market?
What is the competitive structure of the global fat-filled milk powder market?
Who are the key players/companies in the global fat-filled milk powder market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Fat-filled Milk Powder Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Fat Filled Milk Powder 26%
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Instant Fat Filled Milk Powder 26%
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fat Filled Milk Powder 28%
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Instant Fat Filled Milk Powder 28%
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 B2B
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 Dairy Products
7.1.2.2 Bakery Products
7.1.2.3 Confectionaries
7.1.2.4 Ice Cream
7.1.2.5 Others
7.1.3 Market Forecast
7.2 B2C
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Alpen Food Group B.V
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Bonilait Proteines
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 CP Ingredients Limited (GOBIA GROUP LIMITED)
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Dairygold Co-Operative Society Limited
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 SWOT Analysis
13.3.5 Dana Dairy Group
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Fitsa Group
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Fonterra Ltd
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8 Foodexo
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Hoogwegt International
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Lactalis Ingredients
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Lakeland Diaries
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.12 Polindus
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.13 Prolac
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.14 Vreugdenhil Dairy Foods
13.3.14.1 Company Overview
13.3.14.2 Product Portfolio
List of Figures
Figure 1: Global: Fat-filled Milk Powder Market: Major Drivers and Challenges
Figure 2: Global: Fat-filled Milk Powder Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Fat-filled Milk Powder Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Fat-filled Milk Powder Market: Breakup by Product Type (in %), 2023
Figure 5: Global: Fat-filled Milk Powder Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Fat-filled Milk Powder Market: Breakup by Region (in %), 2023
Figure 7: Global: Fat-filled Milk Powder (Fat Filled Milk Powder 26%) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Fat-filled Milk Powder (Fat Filled Milk Powder 26%) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Fat-filled Milk Powder (Instant Fat Filled Milk Powder 26%) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Fat-filled Milk Powder (Instant Fat Filled Milk Powder 26%) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Fat-filled Milk Powder (Fat Filled Milk Powder 28%) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Fat-filled Milk Powder (Fat Filled Milk Powder 28%) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Fat-filled Milk Powder (Instant Fat Filled Milk Powder 28% ) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Fat-filled Milk Powder (Instant Fat Filled Milk Powder 28% ) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Fat-filled Milk Powder (B2B) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Fat-filled Milk Powder (B2B) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Fat-filled Milk Powder (B2C) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Fat-filled Milk Powder (B2C) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: North America: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: North America: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: United States: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: United States: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Canada: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Canada: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Asia-Pacific: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Asia-Pacific: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: China: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: China: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Japan: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Japan: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: India: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: India: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: South Korea: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: South Korea: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Australia: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Australia: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Indonesia: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Indonesia: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Others: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Others: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Europe: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Europe: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Germany: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Germany: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: France: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: France: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: United Kingdom: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: United Kingdom: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Italy: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Italy: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Spain: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Spain: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Russia: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Russia: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Others: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Others: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Latin America: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Latin America: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Brazil: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Brazil: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Mexico: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Mexico: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Others: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Others: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Middle East and Africa: Fat-filled Milk Powder Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Middle East and Africa: Fat-filled Milk Powder Market: Breakup by Country (in %), 2023
Figure 67: Middle East and Africa: Fat-filled Milk Powder Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Global: Fat-filled Milk Powder Industry: Drivers, Restraints, and Opportunities
Figure 69: Global: Fat-filled Milk Powder Industry: Value Chain Analysis
Figure 70: Global: Fat-filled Milk Powder Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Fat-filled Milk Powder Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Fat-filled Milk Powder Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 3: Global: Fat-filled Milk Powder Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Fat-filled Milk Powder Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Fat-filled Milk Powder Market: Competitive Structure
Table 6: Global: Fat-filled Milk Powder Market: Key Players

Companies Mentioned

  • Alpen Food Group B.V
  • Bonilait Proteines
  • CP Ingredients Limited (GOBIA GROUP LIMITED)
  • Dairygold Co-Operative Society Limited
  • Dana Dairy Group
  • Fitsa Group
  • Fonterra Ltd
  • Foodexo
  • Hoogwegt International
  • Lactalis Ingredients
  • Lakeland Diaries
  • Polindus
  • Prolac
  • Vreugdenhil Dairy Foods

Methodology

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Table Information