The global buttermilk powder market is experiencing growth as
health-conscious consumers seek nutritious alternatives. This trend
is driving increased demand and expanding the market for buttermilk
powder.
NEWARK,
Del., June 26, 2024 /PRNewswire/
-- According to Future Market Insights (FMI), the global
buttermilk powder market is valued
at USD 2.7 billion in
2024 and it is anticipated to reach USD
3.8 billion by 2034. Over the next decade, global
buttermilk powder demand is likely to increase at a CAGR
of 3.5%.
The buttermilk powder market is witnessing significant growth,
driven by its versatility and functional benefits that cater to a
broad spectrum of industries. Derived from the liquid by-product of
butter production, buttermilk powder retains the nutritional
benefits and tangy flavor of traditional buttermilk while offering
advantages such as extended shelf life, convenience in storage, and
ease of transportation.
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In the food and beverage industry, buttermilk powder is a valued
ingredient due to its ability to enhance flavor, texture, and
nutritional profile. It is widely used in bakery products,
including cakes, cookies, pancakes, and bread, where it improves
moisture retention, imparts a tender crumb, and enriches the taste.
Additionally, it serves as a critical component in sauces,
dressings, soups, and marinades, providing a creamy texture and
rich flavor.
In dairy products, such as ice cream, cheese, and yogurt,
buttermilk powder contributes to consistency, creaminess, and an
appealing taste profile. The cosmetic industry leverages the
moisturizing and exfoliating properties of buttermilk powder. It is
incorporated into a variety of skincare products, including facial
masks, lotions, creams, and soaps, where it helps to soften,
hydrate, and rejuvenate the skin.
The natural acidity and lactic acid content in buttermilk powder
makes it an effective ingredient for brightening, smoothing, and
exfoliating the complexion, promoting a healthier and more radiant
appearance. In the animal feed industry, buttermilk powder is
utilized as a nutritious supplement. Rich in proteins, vitamins,
and essential nutrients, it enhances the diet of livestock,
contributing to better growth rates, improved health, and
higher-quality produce.
Its inclusion in animal feed formulations supports the overall
well-being of animals, making it a valuable component in the
agriculture sector. Buttermilk powder finds applications in the
food processing industry as a functional food ingredient in
ready-to-eat meals, snack foods, and beverages. Its ability to act
as an emulsifier, stabilizer, and flavor enhancer makes it a
preferred choice for food manufacturers aiming to improve product
quality and appeal.
Key Takeaways from the Buttermilk Powder Market
Report:
- The global buttermilk powder market is expected to reach a
valuation of USD 3.8 billion by
2034.
- Global demand for buttermilk powder is likely to soar at a 3.5%
CAGR over the forecast period.
- By Product Type, spray-dried buttermilk powder is likely to
exhibit a 7.8% CAGR during the projection period.
- Europe is projected to hold a
dominant value share of 27.8% in the global market by 2034.
- The United States buttermilk
powder market is estimated to witness a value CAGR of 4.7% during
the projection period.
"The buttermilk powder market is set to flourish as
industries increasingly recognize its multifaceted benefits. With
applications spanning from enhancing the texture and flavor of
bakery products to enriching skincare formulations and boosting
animal nutrition, buttermilk powder is becoming a cornerstone
ingredient. This market growth is propelled by the rising demand
for natural, functional ingredients and the convenience offered by
buttermilk powder's extended shelf life. As consumer trends
continue to favor health and sustainability, we can anticipate a
robust expansion driven by innovative uses and cross-industry
collaborations." – Nandini
Roy Choudhury, Client Partner at Future Market
Insights
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Who is Winning?
Hoogwegt Group, All American Foods, Contenental Dairy
Facilities, LLC, Agropur, Fonterra Co-operative Group Limited, DFA
Ingredients solutions, IPS-Ingredis, North Cork Creameries,
Lactalis Ingredients are the key Buttermilk Powder manufacturers
listed in the report.
These companies are mainly focusing on strengthening and
expanding their market by launching new products. They are also
using strategies such as partnerships, advertisements,
acquisitions, agreements, and mergers to stay competitive in the
market.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an
unbiased analysis of the global buttermilk powder market presenting
historical demand data (2019 to 2022) and forecast statistics for
the period from 2023 to 2033.
The study incorporates compelling insights on the buttermilk
powder market based on product type (atmospheric roller dried and
spray dried) and Sales Channel (B2B and B2C) across various
regions.
Report
Preview: https://www.futuremarketinsights.com/reports/buttermilk-powder-market
Authored by:
Nandini Roy
Choudhury (Client Partner for Food & Beverages at
Future Market Insights, Inc.) has 7+ years of management consulting
experience. She advises industry leaders and explores off-the-eye
opportunities and challenges. She puts processes and operating
models in place to support their business objectives.
She has exceptional analytical skills and often brings thought
leadership to the table.
Nandini has vast functional expertise in key niches, including
but not limited to food ingredients, nutrition & health
solutions, animal nutrition, and marine nutrients. She is also
well-versed in the pharmaceuticals, biotechnology, retail, and
chemical sectors, where she advises market participants to develop
methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and
marketing effectiveness, acquisitions and post-merger integration
and cost reduction. Nandini has an MBA in Finance from MIT School
of Business. She also holds a Bachelor's Degree in Electrical
Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in
journals including Beverage Industry, Bloomberg, and Wine Industry
Advisor.
Explore FMI's related ongoing Coverage in Food and Beverage
Domain:
The global yogurt powder industry size is
forecast to reach USD 333.3 million
in 2024 and further expand at a CAGR of 6.8% during the assessment
period. Global sales of yogurt powders are predicted to total
USD 642 million by 2034.
The milk powder market is estimated to stand at
US$ 35.26 billion in 2024. The market
is forecasted to exceed a valuation of US$
51.89 billion by 2034.
The global fat-filled milk powder market is
expected to be valued at US$ 5
billion in 2023 and reach a valuation of US$ 8.8 billion by 2033.
The butter and margarine market amplifies and equates to
a market valuation of US$ 8,935.40
million, with a steady CAGR of 6.2% by 2034.
The global butter flavor market is poised to
cross a valuation of US$ 288 million
in 2023. It is anticipated to reach a valuation of US$ 569.4 million by 2033.
The global silicon fertilizer market size stands at
USD 131 million in 2024. The industry
is expected to pace at a 3.1% CAGR over the forecast period, to
reach USD 178 million by 2034.
The worldwide macadamia milk market size is
projected to reach USD 42 million in
2024. Hereon, the sector is assessed to expand at a steady 5% CAGR
through 2034.
The Global Infant Nutritional Premix Market size was
estimated at USD 235 million in 2021
and expected to reach USD 370 million
in 2032.
The global superfood market is set to reach a
net worth of US$ 183.58 billion in
2024 and is projected to reach US$ 330.67
billion by 2034.
The global microencapsulation market is estimated to be
valued at US$ 6.5 Bn in 2022 and is
projected to reach US$ 10.3 Bn by
2032, at a CAGR of 8.2% from 2022 to 2032.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the
Stevie Award, and a member of the Greater
New York Chamber of Commerce) offers profound insights into
the driving factors that are boosting demand in the market. FMI
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and Beverage, Consumer Technology, Healthcare, Industrial, and
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FMI provides global, regional, and local expertise on diverse
domains and industry trends across more than 110
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SOURCE Future Market Insights