Global Milk Permeate Powder Market Size, Share, Trends & Growth Forecast Report – Segmented By Application (Baked Goods, Seasoning Mixes, Confectionery Food, Dairy Food, Soups And Sauces, Beverages, Meats And Others), And Region (North America, Europe, Asia Pacific, Latin America, And Middle East & Africa) - Industry Analysis (2024 To 2029)

Updated On: June, 2024
ID: 4070
Pages: 175

Global Milk Permeate Powder Market Size (2024 to 2029)

The global milk permeate powder market size is calculated at USD 0.98 billion in 2024, and it is estimated to reach a valuation of USD 1.32 billion by 2029 at a CAGR of 6.20% during the anticipated period. With fierce competition, better solutions were born in the market for milk-permeable powder

Permeate is a dairy component obtained from milk or whey by discarding protein and other ingredients through separation technology. Also called dairy solids, permeate is mainly made up of milk lactose, which is low in minerals and vitamin compounds. Milk permeate is extracted as a co-product after the making of milk derivatives, such as unfiltered milk, protein isolate and protein concentrate. The composition of milk and whey permeate is the same, but with different sensory properties. Powdered milk permeate is derived from milk, so it has a consistent flavor and is clean compared to whey permeate. Milk permeate is an alternative to powdered or skim milk and is used in a wide range of applications. It is also used for the standardization of milk. There are government regulations that require milk and milk products to meet certain dietary standards to ensure the quality and safety of food. Moreover, the composition of milk entirely depends on seasonal and regional aspects. Therefore, to meet government regulations and consumer expectations, dairy manufacturers use milk permeable powder to standardize the levels of milk protein and fat.

The global market for milk permeates powder occupies a wide range in the world market. The demand for milk permeable powder is increasing significantly due to the expanding use in the food and beverage market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 – 2029

Base Year

2023

Forecast Period

2024 - 2029

Segments Covered

By Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Arla Foods Ingredients Group P/S, Idaho Milk Products, Interfood Holding b.v., Van Lee Melkprodukten Barneveld BV, Hoogwegt, Batory Foods, LACTALIS Ingredients and Others.

 

Market Drivers

The use of milk permeate powder as a cost-effective alternative to improve the taste and functional properties of food is an important driving force for the growth of the world market for permeate powder. Powdered milk permeate has a umami effect, improves flavor, and eliminates the use of other flavor-enhancing ingredients. Milk powder permeate is also used for milk standardization, which is expected to promote the growth of the world market for milk powder permeate. The global market for milk permeation is expected to grow as interest in consumer health increases and the trend toward consumers to buy nutrient-dense foods increases. An important factor driving the global milk powder permeate market is the application of milk permeate to reduce the total cost of production of the food and beverage industry. Powdered milk permeate is used as a bulking agent, making the product attractive and bulky. Globally, the production of protein-rich ingredients is increasing significantly in markets that support the growth of the milk-permeable powder market. The market for milk powder permeates is growing rapidly with increased protein consumption worldwide. Milk permeate is a dairy product that uses different separation techniques to remove protein and other unwanted ingredients from milk and whey. Milk permeate is obtained from milk after various ultrafiltration processes. During the production of milk protein concentrate, milk permeate is obtained. Milk permeate is crucial to rise protein levels in food and beverages industry. It is also used as a food extender. Manufacturers in the food and beverage industry benefit from the application of milk permeate as it reduces the total cost of production required to manufacture consumable food and nutrition products. Powdered milk is even used as a substitute for powdered milk and skim milk. The milk permeation market is advancing as the health-conscious world population grows. Manufacturers of milk permeable powder have great opportunities in the world market. Increasing per capita income for consumers offers great opportunities for manufacturers because consumers are interested in spending large amounts of money for better quality and taste. Furthermore, the rapid growth in the global food and beverage industry has provided manufacturers with great opportunities in the market for milk permeable powder.

Market Restraints

The main limitations for the growth of milk powder permeate are that they contain lactose and are low in lactose, so their use in food is very limited and causes digestion problems for people who are lactose intolerant and are less soluble in liquids. There are also alternatives that can be used in place of milk permeate, such as powdered milk and skim milk. Lack of awareness related to the advantages of milk permeate among consumers in emerging nations is expected to hinder the growth of the global market for milk powder permeate.

Segmental Analysis

Global Milk Permeate Powder Market By Application

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

Regional Analysis

The global milk permeate powder market can be divided into five regions of North America, Latin America, Europe, Asia Pacific (APAC) and the Middle East and Africa (MEA). North America occupies an important part in the world marketplace. In North America, the US market has a significant share. This is credited to the rising number of permeate makers and the inclining interest in the use of permeate for the food and beverage industry in the region. Europe is expected to expect a high CAGR during the outlook period, as the region has a significant share of the global dairy ingredients market. APAC is expected to record high growth rates during the projection period. The growing population of the region has increased the need for dairy products. APAC has a large share of the import market for dairy raw materials and is expected to accelerate the growth of the market for milk permeable powder in this region. Due to the increase in the wealthy population and the increasing penetration of the Internet and social networks, the consumption of processed and packaged foods increases, which makes it suitable for the packaging of products in the region. Moreover, in LAMEA, the market for milk permeate powder continues to grow rapidly due to changes in consumer activities and lifestyles, and as a result, people in the region have been encouraged to start with food packed. In addition, as consumption of infant formula increased, demand for permeable milk powder increased in the region. MEA and Latin America are expected to record moderate CAGR as demand for dairy products increases in these areas during the outlook period.

Key Players in the Market

Major Key Players in the Global 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                            
  • LACTALIS Ingredients 

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Frequently Asked Questions

1. What can be the compound annual growth rate of the global Milk Permeate Powder market?

The global Milk Permeate Powder market can expand with a CAGR of 6.20% during the forecast period.

2. Mention the major key players in the global Milk Permeate Powder market?

By 2028, it is predicted that the global Milk Permeate Powder market can reach a valuation of US$ xx billion.

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