Milk mineral concentrate is a naturally available form of milk mineral derived by a unique isolation process. In general, milk mineral concentrate are rich in calcium, phosphoric acid, and other milk minerals. Milk minerals like are vital for human health specifically for bones. Milk is considered as an excellent source of minerals, vitamins, and proteins. Milk mineral concentrate is used for calcium, fortification of infant formula and functional foods and beverages.
According to research studies, it has been known that bioavailability of calcium is better than other calcium sources. Milk mineral concentrate offers better bone health and supports in weight management. Growing need towards calcium and mineral rich foods among consumer groups is encouraging fortification of foods and beverages which is also having a positive impact on the market growth 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.
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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.