The global demand for Milk Mineral Concentrate Market is presumed to reach the market size of nearly USD 285.11 MN by 2028 from USD 194.7 MN in 2021 with a CAGR of 5.6% under the study period 2022 - 2028.
Milk mineral concentrate (MMC) is a milk-based product that is highly concentrated with minerals, including calcium, magnesium, and phosphorous. It is typically derived from cow's milk and used as a dietary supplement to help support healthy bones and teeth, and it may also be used to help prevent or treat mineral deficiencies. MMC is also used as an ingredient in various food products such as cheese, yogurt, and infant formula.
Market Dynamics
The market is expected to rise due to the high number of individuals suffering from illnesses caused by calcium deficiencies, particularly in young children and older adults. Moreover, the rising number of patients with micronutrient-deficient conditions also fuels market growth. Furthermore, increasing awareness of the importance of maintaining good health and preventing chronic diseases boosts the growth of the milk mineral concentrate market. In addition, growing awareness of the health benefits of MMC, including its status as a good source of calcium and magnesium for healthy bones, teeth and muscle & nerve function, is driving the market for MMC. However, the limited availability of raw materials may impede the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of milk mineral concentrate. The growth and trends of milk mineral concentrate industry provide a holistic approach to this study.
Market Segmentation
This section of the milk mineral concentrate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Calcium Content
- Less Than 20%
- 20% To 25%
- 26% To 30%
By Granularity
- Standard Powder (>10 Microns)
- Micronized Powder (<10 Microns)
By Application
- Infant Formula
- Functional Food
- Beverages
- Sports Nutrition
- Dietary Supplements
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Milk Mineral Concentrate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Milk Mineral Concentrate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the milk mineral concentrate market include FrieslandCampina DOMO (Netherlands), Glanbia PLC (Ireland), Arla Foods Ingredients Group P/S (Denmark), Armor Protéines (France), Sachsenmilch Leppersdorf GmbH (Germany), Fonterra Co-Operative Group Limited (New Zealand), MILEI GmbH (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.