Buttermilk powder is used in the dairy industry to improve the heat stability of evaporated milk and recombined UHT milk owing to its high phospholipid contents. Buttermilk powder is manufactured from acidified or sweet buttermilk, usually by spray drying liquid buttermilk. It has numerous functional properties associated with its distinctive composition and hence finds uses in industrial pastry and feed and dietetics. Buttermilk powder is an excellent source of protein and has a low-fat content.
MARKET SCOPE
The "Global Buttermilk powder Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Buttermilk powder market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading Buttermilk powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global buttermilk powder market is segmented into spray dried buttermilk powder, and roller dried buttermilk powder.
- Based on application, the global Buttermilk powder market is segmented into bakery and confectionery, frozen desserts, beverages, specialty foods, soups and sauces, and others.
MARKET DYNAMICS
Drivers:
- Increasingly used in the food and beverage industry to manufacture sport and health foods, biscuits, pastry, industrial pastry, etc.
- The protein in the buttermilk powders performs the role of emulsifiers by stabilizing oil-water interface in food products such as ice creams, dressings, and sauces.
- Growing importance of buttermilk powders in the food and beverage industry
Restraints:
- Availability of substitutes for buttermilk powder.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Buttermilk powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Buttermilk powder market in these regions.
IMPACT OF COVID-19 ON BUTTERMILK POWDER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the Buttermilk powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Buttermilk powder market are anticipated to lucrative growth opportunities in the future with the rising demand for Buttermilk powder in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Buttermilk powder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agri-Dairy Products, Inc.
- All American Foods, Inc.
- Arion Dairy Products B.V
- Bluegrass Dairy & Food, Inc.
- Bob's Red Mill Natural Foods
- California Dairies, Inc.
- Epi-ingrdients
- Innova Food Ingredients S.A.
- LACTALIS Ingredients
- Uelzena group
- Agri-Mark, Inc
- Grain Millers, Inc.
- Fonterra Co-Operative Group
- Sterling Agro Industries Ltd.
- Vitagreen Products Pvt. Ltd
- Associated Milk Producers, Inc.,
- Arion Dairy Products B.V
- Innova Food Ingredients S.A
- Dairy Farmers of America
- Land O' Lakes, Inc