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Milk Mineral Concentrates Market: Geographical Analysis by Key Business Priorities, Competitive Landscape, Vendor Assessment Forecast up to 2028

Press Release

Milk mineral concentrate is a normally accessible type of milk mineral inferred by an exceptional seclusion process. As a rule, milk mineral concentrate are wealthy in calcium, phosphoric corrosive, and other milk minerals. Milk minerals like are fundamental for human wellbeing explicitly for bones. Milk is considered as a phenomenal wellspring of minerals, nutrients, and proteins. Milk mineral concentrate is utilized for calcium, fortress of newborn child equation and practical sustenances and refreshments.

As per research ponders, it has been realized that bioavailability of calcium is superior to anything other calcium sources. Milk mineral concentrate offers better bone wellbeing and supports in weight the board. Developing need towards calcium and mineral rich nourishments among customer gatherings is empowering stronghold of sustenances and refreshments which is additionally positively affecting the market development of milk mineral concentrate.

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Milk Mineral Concentrate Market: Reasons for Covering this Title

Milk mineral concentrate offered by companies vary by mesh size and nutritional profile. The report includes a detailed study on the milk mineral concentrate market with extensive market dynamics related to it across various points of its value chain. Multiple factors have been determining milk mineral concentrate market which has a more significant influence on the milk mineral concentrate market like the demand for infant nutrition and dietary supplements.

Europe is expected to sustain its competitive position in the milk mineral concentrate market regarding volume with an estimated market share of 35% with the presence of primary dairy ingredients producers including milk mineral concentrate producers. North America is expected to rank second in the milk mineral concentrate market with estimated higher production of milk mineral concentrate. Asia-Pacific is estimated to grow at fastest rates in milk mineral concentrate market owing to the large-scale production of milk and increasing demand for infant nutrition (a major consumer of milk mineral concentrate) in the region over the forecast period.

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Global Milk Mineral Concentrate Market: Key Players

Some of the key players operating in the global milk mineral concentrate market are Arla Foods Ingredients, Armor Proteines, Food Ingredient Technology Co., Ltd., Lactalis Ingredients, Garuda International Inc., Fonterra, Donaghys, ADM, MG Ingredients, Whiteoakmills, Draco Ingredients, and others.

Opportunities for Market Participants

An uptrend will be noticed in the milk mineral concentrate market over the forecast period. Adoption of ultrafiltration technology has resulted in a wide array of opportunities to the dairy manufacturers. Fortification of dairy minerals offered liquid dairy products similar taste as that of fresh dairy products. This innovation was evident with the patented technology of Kraft Foods in the year 2013. The patent application includes the manufacture of four new liquid dairy products “fortified with dairy minerals” including calcium, magnesium, phosphate, potassium, and sodium. Likewise, advancements in dairy processing and adoption for the same will explore growth potential for milk mineral concentrate market.

Global Milk Mineral Concentrate: Market Segmentation

On the basis of source, the global milk mineral concentrate market has been segmented as –

  • Cow Milk
  • Buffalo Milk
  • Goat Milk
  • Others

On the basis of application, the global milk mineral concentrate market has been segmented as –

  • Infant Nutrition
  • Dietary Supplements
  • Functional Foods & Beverages
  • Dairy Processing
  • Frozen Desserts
  • Bakery and Confectionery
  • Others

Milk Mineral Concentrates Market: Key Developments

  • In 2016, Archer Daniels Midland focused on expanding its offerings in the market in Asia Pacific. The company is focused on participating in exhibitions to display its products for social networking and to increase trade activities.
  • In 2016, Arla Foods opened a new production plant in Dakar, Senegal.
  • In 2014, Archer Daniels Midland expanded its product offerings in the market in Asia Pacific to leverage the potential opportunities arising from the increasing demand for Infant Nutritional and feed premixes in the countries in this region. This also enables the company to increase product penetration and expand its consumer base in the region, as well as globally

By end use, infant nutrition is likely to be the key segment driving the usage of milk mineral concentrates. Following infant nutrition, dietary supplements form a major share in the application of milk mineral concentrate.  Among sub-segments of dietary supplements, bone health and weight control are gaining traction for milk mineral concentrate. Highest growth is projected in functional food and beverages over the forecast period for milk mineral concentrate.

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