Milk Mineral Concentrate Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Milk Mineral Concentrate Market by region.
Global Milk Mineral Concentrate Market is valued at approximately USD 103 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2022-2029.
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Milk Mineral Concentrate is a calcium-enriched powder obtained through a unique isolation process. The Milk Mineral Concentrate market is expanding because of factors such as the increased application of milk minerals in the nutritional diet and increased bone related disorders among the growing geriatric population. This market is majorly dominated by some of these top players named Glanbia PLC, Armor Proteines, Devson Implex Private Limited and FrieslandCampina DOMO.
The consumers are more consciousness about their health and owing to this factor consumer prefer more nutritious diet which enriched the proper amount of minerals which helps immune system in fighting the disease and disorder. As per the Supplemental Nutrition Assistance Program (SNAP) survey conducted by the U.S Agricultural Department, which concludes that about one-third of American netizens are more conscious about the mineral and nutrient they consume on the daily basis.
Milk minerals help in fighting back these disorders such as osteoporosis, osteopenia, and other minerals deficiency. These disorders are rising continuously among the elderly population of society. According to the Journal of Orthopedic Surgery and Research which was published based on population which states that 35.3% of men and women suffer from osteoporosis which is caused by the lack of calcium. Likewise, in 2020 Oregon State University published an article that around 40% of US citizens have calcium deficiency which may affect their health at the elderly age.
Moreover, shifting consumer preference toward nutritious food has increased the opportunity for milk mineral concentrate in the projected years. However, the consumer are shifting towards vegan food and Lactose Intolerance Problem may stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Milk Mineral Concentrate Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the dominance of branded products and the region’s increasing geriatric disease prevalence. According to the statistics, China is expected to see the growth of osteoporosis which will increase from 60 million in 2018 to 120 million by the time of 2050. North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, an increase in the number of collaborations for biosimilar development, geographic expansion of key players, and active participation of government and nonprofit organizations in the market space.
Major market players included in this report are:
- Glanbia PLC
- Armor Proteines
- Devson Implex Private Limited
- FrieslandCampina DOMO
- Arla Food Ingredient Group P/S
- Sachsenmilch Leppersdorf GmbH (Muller)
- Garuda International, Inc
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Recent Developments in the Market:
In October 2021, Arla Food Ingredient Group P/S initiated a new innovation center with a wide range of dairy product available to meet the requirements of all the targeted consumers.
In June 2022, Sachsenmilch Leppersdorf GmbH (Muller) signed an agreement with the FrieslandCampina DOMO will Acquire three production facilities and 5 dairy product brands.
In March 2022, Arla Foods Ingredient Group P/S released two new products of their brand aiming to expand their organic early-life nutritious product to strengthen its reputation in the organic sector too.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Calcium Content:
Less than 20%
About 20-25%
About 26-30%
By Granularity:
Standard Powder
Micronized Powder
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By Application:
Functional Food
Infant Formula
Sports Nutrition
Beverages
Dietary Supplement
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Milk Mineral Concentrate Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Milk Mineral Concentrate market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Milk Mineral Concentrate market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Milk Mineral Concentrate market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Milk Mineral Concentrate Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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