Milk Retentate: Market Outlook
Milk Retentate is a protein concentrate constituted of soluble milk. Retentate is obtained through Ultrafiltration process that separates milk components according to molecular size. Ultrafiltration of milk can be used to produce popular new dairy products and dairy-based foods and beverages that are higher in protein and lower in carbohydrates than traditional milk.
Moreover, the milk that has been ultra-filtered to a three time volumetric concentration factor has had about 65-70% of carbohydrate lactose removed and UF milk product delivers high-quality protein ideal for creating lower-carb/higher-protein foods and beverages. Owing to listed factors, milk retentate market is expected to witness a significant growth over the forecast period.
Consumer inclination towards the protein-rich food is fueling the milk retentate market
The consumer prefers high protein diet to boost metabolic rate and preserve muscle mass and paying more attention to the protein-rich sources, which is among the driving factor for providing the potential growth to the global milk retentate market. In addition, growing process food consumption in the developing region is further providing a better opportunity of growth to the global milk retentate market.
Food and beverage industry witnessing the trend of high intake of nutritious food, which increase the demand for milk retentate products in the future. However, growing awareness regarding the plant-based food consumption is influencing the use of plant-based protein, which is among the restraining factor which is affecting the global milk retentate market.
Global Milk Retentate: Key Players
Some of the key players operating in the global milk retentate market are
- The Idaho Milk Products, Inc.
- Coca-Cola Company
- HP Hood LLC
- Idaho Milk Products, Inc.
- Fonterra Co-operative Group
- Kerry Group
- Tatura Milk Industries Ltd.
- Darigold Ingredients Company
- Erie Foods International, Inc.
- Enka Sut Company
- Grassland Dairy Products
In 2017, The U.S. Food and Drug Administration announced that ultra-filtered milk can now be used to make all any of natural cheese products. The ultra-filtered milk is the fresh farm milk develop through a filter process to minimize the amount of water and lactose and focus on the natural proteins. This will allow cheese makers to use ultra-filtered milk with natural and concentrated form in cheese making products.
Opportunities for Global Milk Retentate Market Participants
Growing demand for dairy products, increasing product penetration or adoption rate in developing countries, coupled with collaborating with local dairy farmers for producing high-quality milk products are the factors due to which ultra-filtered milk market revenue is expected to grow at a rapid growth rate, over the forecast period.
Moreover, rise in demand for lactose-free milk, expanding distribution channel for product availability, and re-design or new product development is the primary factors seems to create the opportunities for the global ultra-filtered milk market in the near future.
The Milk Retentate market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and information for every facet of the Milk Retentate market, including but not limited to: regional markets, distribution channel, application and form.
The Report Covers Exhaustive Analysis on
- Milk Retentate market segment
- Milk Retentate market dynamics
- Milk Retentate market size
- Milk Retentate supply and demand
- Current trends/issues/challenges pertaining to Milk Retentate market
- Competition landscape and emerging market participants in Milk Retentate market
- Technology related to production/processing of Milk Retentate
- Value chain analysis of the Milk Retentate market
Regional Analysis Includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
The Milk Retentate market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Milk Retentate Market report projects the attractiveness of each major segment over the forecast period.
Global Milk Retentate: Market Segmentation
- Food and Beverages
- Processed food
- Sports Nutrition
- Animal Feed
By Distribution Channel
- Store-based Retail
- Convenience Stores
- Specialty Stores
- Independent Stores
- Online Retail