Buttermilk Powder Market Share, Trends, Revenue, Demand, CAGR Status, Business Challenges, Opportunities and Future Strategies Till 2033: SPER Market Research


 Category : Food & Beverages

 Published:
Dec-2024
 Author:
SPER Analysis Team


Buttermilk Powder Market Share, Trends, Revenue, Demand, CAGR Status, Business Challenges, Opportunities and Future Strategies Till 2033: SPER Market Research

Global Buttermilk Powder Market is projected to be worth 5.74 billion by 2033 and is anticipated to surge at a CAGR of 6.45%.

Buttermilk powder, a dehydrated form of liquid buttermilk, is used in a variety of cuisines and food processing sectors due to its high nutritional value and adaptability. Buttermilk powder has several applications, including baking, dairy goods, ready-to-eat meals, and the confectionery business. Buttermilk powder is necessary because of its capacity to improve flavor, texture, and leavening in a variety of meals, making it a staple for many food manufacturers. It has a wide range of applications, with end-user industries using it for baking, ice cream manufacture, salad dressings, and sauces, owing to its longer shelf life and ease of storage as compared to liquid buttermilk.

Global Buttermilk Powder Market Driving Factors and Challenges

Driving Factors: The demand for low-fat and nutrient-dense products like dry buttermilk is driven by the sharp rise in health-conscious customers around the world. Because of its nutritious qualities, it is frequently used in baked goods and confections. Food processing companies have a lot of potential due to the expanding middle class, especially in Asia. Additionally, a preference for wholesome, ready-to-cook food has resulted from the working population's increased knowledge of health and wellness. There are a number of reasons and patterns behind the rising demand and use of buttermilk powder. The health and nutritional advantages of buttermilk powder are a significant contributing factor. Although it has less fat than other dairy products, it is high in proteins, calcium, potassium, and B vitamins. Probiotics, which support gut health and facilitate digestion, are also included. Because of its lower lactose level, it can be consumed by people who are lactose intolerant, which increases its appeal.


Challenges: Dairy products, particularly buttermilk, are the main source of raw materials for this powder. Weather, dairy cow feed expenses, and supply and demand can all affect the price of buttermilk and raw milk. For the manufacturers of this powder, these variations may result in higher production costs. Costs may increase even more if extra components or additions are required to maintain product quality. As a result, this powder's high production costs are impeding the market's expansion.

Impact of COVID-19 on Global Buttermilk Powder Market
The COVID-19 epidemic has had a mixed influence on the buttermilk powder industry. While the supply chain was initially disrupted by lockdowns and transit restrictions, the industry swiftly rebounded as customer demand for packaged and convenience food goods increased. During the pandemic, there was a greater emphasis on health and wellness, which increased demand for natural and healthful components such as buttermilk powder.

Global Buttermilk Powder Market Key Players:
Agropur; Fonterra Co-operative Group Limited; Dairy Farmers of America, Inc; Arla Foods Ingredients Group P/S; North Cork Creameries Ltd; NOW Foods; NUMIDIA BV; California Dairies, Inc; Valio Oy; and UELZENA eG are just a few of the major market players that are thoroughly examined in this market study along with revenue analysis, market segments, and competitive landscape data.


Global Buttermilk Powder Market Segmentation:

By Nature: Based on the Nature, Global Buttermilk Powder Market is segmented as; Organic, Conventional.

By Application: Based on the Application, Global Buttermilk Powder Market is segmented as; Food & Beverages, Foodservice, Household.

By Distribution Channel: Based on the Distribution Channel, Global Buttermilk Powder Market is segmented as; B2B, B2C.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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