Kenneth Research, in its repository of market research reports, have recently added a report on Fat Filled Milk Powders (FFMP) Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Fat Filled Milk Powders (FFMP) Market products.
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By the end of 2050, the world’s population aged 60 years and above is anticipated to reach 2 billion, states the World Health Organization (WHO), in one of its statistics. Additionally, several manufacturers are increasingly showing interest for manufacturing healthy beverages, which is also anticipated to drive the growth of the market in the coming years.
Global Fat Filled Milk Powders (FFMP) market is forecasted to grow at a CAGR of approximately 10.3% over the next five years, will reach 10620 million US$ in 2025, from 5020 million US$ in 2017.
This report analyses the global market Fat Filled Milk Powders (FFMP) covering market like North America, Europe , Asia Pacific and rest of the world and further provides the more granular information on the major countries in these regions.
Fat filled milk powder is made from mixing quality skimmed milk powder with fat from vegetable. Powder is atomized (spray drying) in order to easily reconstitute the product. Fat filled drain powder is an aggregate or fractional entire milk substitute. This substitute has the equivalent physical, concoction and organoleptical properties as a dairy item. It helps decreasing definition costs for an item with no effect on its quality.
European market are the major producer of these product and holds more than 55% of the overall market share.
The major Industry Players in Fat filled milk powder market are Alpen Food Group(NL), NZMP(NZ), Vreugdenhil(NL), Polindus(PL), Dana Dairy(CH), Hoogwegt International(NL), TATURA(AU), BONILAIT PROTEINES(FR), Armor Proteines(FR), Holland Dairy Foods(NL), Dale Farm Ltd(UK), Arla Foods(DK), Belgomilk(BE), United Dairy(CN) Revala Ltd(EE), Lactalis Group(FR), Olam(MY), Foodexo(PL), Dairygold(IE) and others proving information like Company Overview, Financial overview, Product Overview and current development.
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By Type
*26% Fat(min)
*28% Fat(min)
*Others
By Application
*Ice-cream
*Bakery & Confectionery
*Yoghurt
*Recombined Sweetened Condensed Milk
*Chocolate
*Consumer Powers
By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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