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Asia Pacific Milk Permeate Powder Market Research Report – Segmented By Application (Baked Goods, Seasoning Mixes, Confectionery Food, Dairy Food, Soups And Sauces, Beverages, Meats And Others), &Country(India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest Of APAC) – Industry Analysis From 2024 To 2029

Published: March, 2023
ID: 4073
Pages: 135
Formats: report pdf report excel report power bi report ppt

Asia Pacific Milk Permeate Powder Market Size (2024 to 2029)

Asia Pacific Milk Permeate Powder Market is anticipated to grow at an 8.13% CAGR from 2024 to 2029, and it is estimated that the Asia Pacific market was valued at USD 0.22 billion in 2024 and is relied upon to achieve USD 0.33 billion by 2029.

Permeates are a by-product from milk or whey by removing proteins and other components separation technique. This process is called ultrafiltration. Since they are solid, they are called solids of dairy products. It mainly contains lactose with vitamins and a small percentage of mineral compounds in milk. Milk permeate is obtained as the by-product after the production of milk derivatives from milk. Milk permeate is sprayed and dried to obtain milk permeate powder.

Milk powder is used in milk standardization and as an alternative to skim milk and milk powder. The composition of milk components in milk permeates differs based on regional and seasonal factors. Dairy manufacturers use milk permeate powder to standardize protein and fat levels of milk to meet government regulations and consumer expectations. Milk and Milk permeate powder differ in organoleptic properties, but the composition is the same because milk permeate powders are obtained from milk.

The growing trend of buying nutrition-rich food products among consumers and cost-effective substitutes to improve the flavor and functional properties of food are the major factors driving the growth of the market. Also, it is used for milk standardization, enhancing flavor, and eliminating the use of other flavor-enhancing ingredients; rising consumer health concerns and an increase in disposable income drive the growth of the market. However, a lack of awareness about permeates, and a limited number of professionals are hampering the growth of the market.

This research report on the Asia Pacific Milk Permeate Powder Market is segmented and sub-segmented into the following categories

Asia Pacific Milk Permeate Powder Market - By Application:

  • Baked Goods
  • Seasoning Mixes
  • Confectionery food
  • Dairy food
  • Soups and Sauces
  • Beverages
  • Meats
  • Others

Dairy food is expected to have the largest revenue among all the applications.

Asia Pacific Milk Permeate Powder Market - By Region:

  • China
  • India
  • Japan
  • South Korea
  • Australia

Asia-Pacific is expected to record a high growth rate during the forecast period and has a major share in the import market of dairy ingredients due to the region's rising population, emerging economies, and increasing demand for dairy products.

KEY MARKET PLAYERS:

Major Key players in the Asia Pacific Milk Permeate Powder Market are Arla Foods Ingredients Group P/S, Idaho Milk Products, Interfood Holding b.v., Van Lee Melkprodukten Barneveld BV, Hoogwegt, Batory Foods, and LACTALIS Ingredients.

 

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FAQ's

1. What are the key drivers of growth in the Asia Pacific milk permeate powder market?

Some key growth drivers include increasing demand for dairy ingredients in food processing, the growing popularity of protein-enriched products, advancements in processing technologies, and rising consumer awareness regarding lactose-containing products.

2. What are the current trends in the Asia Pacific milk permeate powder market?

Current trends include the development of low-lactose and lactose-free products, increased use of permeate powder in sports nutrition and dietary supplements, innovations in product formulations for better taste and texture, and strategic collaborations among key players.

3. What are the challenges faced by the Asia Pacific milk permeate powder market?

Challenges include fluctuations in milk production, price volatility of raw materials, competition from alternative sweeteners, regulatory complexities across different countries, and consumer perceptions regarding the nutritional value of lactose-containing products.

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