Albany, NY -- (SBWIRE) -- 04/14/2021 -- Market Outlook for Fat-filled milk powder Market:
Fat-filled milk powder is a conjugal between vegetable fats and dairy proteins. Fat-filled milk powder contains almost 26% protein and the fat content varies between 20%-50%. Fat-milk milk powder is applicable as a total or partial milk powder substitute. Fat-filled milk powder has lower formulation and production costs than whole milk products and is produced by the method of agglomeration and spray drying.

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The EU is one of the major markets in the fat-filled milk powder market and manufacturers are expanding in regions like Malaysia and MENA (Middle East & Africa), which apparently hold high potential in the fat-filled milk powder market. The fat-filled milk powder market is expected to be one the fastest growing segments in the dairy ingredients industry.

Fat-filled Milk Powder expected to fill the dearth of expensive milk-based value products
Fat-filled milk powder market has mostly capitalized on high whole milk products prices like butterfat in the market. Also, the fat-filled milk powder market exhibits less volatility as compared to the skimmed milk powder, so the substitution has proven to be very cost-effective for some manufacturers. While performing the same functions as that of skim milk powder, fat-filled milk powder has been used in a variety of industrial applications such as for the production of processed cheese, evaporated and condensed milk products.

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Fat-filled milk powder makes up a large share of the EU dairy exports. Fat-filled milk powder manufacturers are meticulously expanding in the Middle East & African region. The demand for fat blends such as fat-filled milk powders is also attributed to the political unrest in this region, which has resulted in high prices of milk products. The fat-filled market has ample opportunities to capitalize on the Middle East & African region because traditionally, milk and milk-based products consumption are significantly lower here which paves way for better consumer acceptability for fat-filled milk powder, given the good quality and cheapness of fat-filled milk powder.

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Within Europe, the major fat-filled milk powder markets are U.K., Netherlands, Ireland, and Denmark. The fat-filled milk powder also addresses some of consumers' evolving needs such as sports nutrition and fitness goals amongst youngsters due to the high protein content of fat-filled milk powder. Manufacturers are also focusing on redesigning the packaging formats in which fat-filled milk powder is offered, in order to suit the consumer needs and convenience.

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Fat-filled milk powder offered in retail-sized packaging opens attracts a larger consumer base, as already consumers are uncertain to try fat-filled milk powder and for the trial of a new product, bulk packaging formats do not appear a very convenient option for these consumers. Manufacturers are also focusing on expanding their fat-filled milk powder production capacity to meet this huge demand in the market. The expansion is also strategic in terms of strengthening the footprint in the global fat-filled milk powder market.

Global Fat-filled milk powder Market: Segmentation:
The fat-filled milk powder market is segmented on the basis of fat content, fat source, end use, and distribution channel and packaging format.

On the basis of fat content, the fat-filled milk powder market is segmented into-

20-30%
31-50%
On the basis of fat source, the fat-filled milk powder market is segmented into-

Coconut
Palm
Soya
On the basis of end use, the fat-filled milk powder market is segmented into-

Dairy
Confectionery
Bakery
Soups & Sauces
Beverages
Flavored Drinks
Tea & Coffee
Smoothies & Milkshakes
On the basis of distribution channel, the fat-filled milk powder market is segmented into-

Direct
Indirect
Modern Trade
Discount Stores
Convenience Stores
Specialty Stores
Online Retail
On the basis of packaging format, the fat-filled milk powder market is segmented into-

Carton packs
Tins
Pouches & sachets
Bulk packaging
Global fat-filled milk powder market: Examples of some of the market participants in the global fat-filled milk powder market identified across the value chain include Société FIT, Fonterra Group, Vreugdenhil Dairy Foods, Dairygold Co-Operative Society Limited, Alpen Food Group B.V., Soufflet Group, Lactalis Ingredients, Hoogwegt Group, Armor Proteines, Aynes Food Industry and Trade Inc., CP Ingredients, Promac Enterprises Sdn Bhd., Revala Ltd, Polindus-Laktopol Capital Group and Glenstal Foods Ltd. amongst others.

Global Fat-filled milk powder Market: Key Developments
In May 2016, the dairy company Arla Foods amba expanded its repackaging facility of dairy ingredients- fat-filled milk powder and whole milk powder, based in Senegal. This strategic expansion is a gateway to further strengthen its presence in Africa. Through the expansion, the company will offer fat-filled milk powder in foil sachets which are affordable and user-friendly as compared to its older packaging formats.

In 2016, the company Dairygold Co-Operative Society Limited, a manufacturer of dairy ingredients upgraded its whole milk powder and fat-filled milk powder processing facility based in Mallow, Ireland.

Opportunities for Fat-filled milk powder Market Participants:
The fat-filled milk powder mainly capitalizes on consumers who have exhibited an economic purchasing strategy. Hence, products can be marketed with a cost-effectiveness tagline, especially targeting the consumer base with lower disposable income, especially in new markets. Fat-filled milk powder market can also exploit the health conscious trend amongst consumers and market the fat-filled milk powder as a protein-rich product.