Milk Mineral Concentrate Market to Register a Healthy CAGR for the Forecast Period 2018-2028

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.

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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.

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.

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.