A recent report published by Infinium Global Research on buttermilk powder (BMP) market provides an in-depth analysis of segments and sub-segments in the global as well as regional buttermilk powder market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional buttermilk powder market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global buttermilk powder market. According to the report, the global buttermilk powder market is projected to grow at a CAGR of 6.5% over the forecast period of 2019-2025.
The buttermilk powder is prepared from liquid buttermilk. To produce the buttermilk powder, first the buttermilk is pasteurized and concentrated with the help of evaporator, then it is dried with the help of a spray or roller dry method. After completing the drying process, it is churned to convert in buttermilk powder. The buttermilk powder contains less amount of fat and a high amount of protein. The buttermilk powder provides a unique cream flavor with cream color texture, which facilitates its numerous application in the food industry. The buttermilk powder provides a good texture, taste and cream flavor in the bakery products as cultured milk, hence it is extensively used as a substitute for cultured milk. It is generally used for the manufacturing of the bakery products. Additionally, it is used for the sauces and soups production.
The buttermilk powder is used to provide a good creamy flavor in the baked good. It helps to provide brown color at the top of the bakery goods. Additionally, it is used as a good source of the milk solids non-fat ingredients for the stabilization of the oil-water interface of the ice cream. Further, it is used in puddings, sauce and beverages products to enhance the viscosity at the optimum level. Furthermore, it is used as coating agents for snack food products with dairy flavor. Hence, the growing application of buttermilk powder in the food and beverage, bakery and confectionery, ice cream and other sector is helping to grow the market of the buttermilk powder market around the world. However, the availability of other substitutes as skimmed milk powder is restricting the growth of this market. The growing demand for premium bakery products, snacks items, and confectionery products in the developing countries is expected to boost the demand of the buttermilk powder products in the near future.
North America is the leading market of the buttermilk powder products, owing to the presence of a large number of milk processing companies in this region. Additionally, keen-focus of the government to promote the agri-based SMEs, and MSMEs are boosting the demand of the buttermilk powder product in this region. Further, the nutrition awareness program at the school level for a healthy life is helping to supplement the growth of buttermilk powder market in North America. Europe is the second largest market of buttermilk powder product after North America. The Asia-Pacific is the highest growing regions for buttermilk powder products during the forecasted period, owing to the growing disposable income among the middle-class consumers, and changing consumption habit.
The report on global buttermilk powder market covers segments such as type, application, and distribution channel. On the basis of type, the sub-markets include spray dried buttermilk powder, and atmospheric roller dried buttermilk powder. On the basis of application, the sub-markets include bakery and confectionery products, beverages, specialty foods, soups and sauces, salad dressings, and others. On the basis of the distribution channel, the sub-markets include convenience stores, department stores, online, and others.
The report provides profiles of the companies in the market such as California Dairies, Inc., Agri-Dairy Products, Inc., Bluegrass Dairy & Food, Inc., Epi-ingrédients, Bob’s Red Mill Natural Foods, All American Foods, Inc., LACTALIS Ingredients, Uelzena eG, and Darigold, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of buttermilk powder market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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