Powdered Fats Market Size, Share & Trends Analysis Report By Source (Palm & Palm Kernels, Milk), By Processing Technology (Spray Drying, Drum Drying), By Application, By Region, And Segment Forecasts, 2023

The global powdered fats market size is projected to reach USD 3.17 billion by 2030 and is anticipated to grow at a CAGR of 4.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of this market can be attributed to the growing popularity of low-carb diets among health conscious consumers and the resultant need for fats derived from novel sources such as palm, coconut, and sunflower. In low-carb, high-fat diets, people often use powdered fats to add healthy fats to their meals or beverages. One of the popular sources of powdered fats in these diets is Medium-Chain Triglycerides (MCT) oil powder.

With a rising emphasis on health and nutrition, consumers are seeking products that align with specific dietary preferences and lifestyles. The demand for keto-friendly products has driven the market for powdered fats, especially those high in omega 3, 6, and 9. The market for vegan products is expanding rapidly as more consumers adopt plant-based diets for ethical, health, and environmental reasons. Companies are attempting to expand their range of powdered fat, deriving it from new sources rather than conventional ones such as palm fats and milk fats to cater to this growing demand for vegan and healthier sources of powdered fats.

Growth in manufacturing technologies has led to the development of encapsulation techniques in powdered fat manufacturing. It will limit the oxidation of fat powders, thereby providing a long shelf-life. According to a 2023 article, 'Edible oil to powder technologies: Concepts and advances' on ScienceDirect, the advantages of microencapsulated and nano-emulsion-based powdered fats from edible oil are highlighted in retarding the oxidation process. Nano-encapsulated oil powder has been found to preserve the quality of oil during storage and has a significant impact on maintaining its quality.

Among sources, palm and palm kernel dominated the market in 2022. The demand for coconut-based products is anticipated to grow at the fastest CAGR during the forecast period. Powdered fats are processed using key technologies, such as spray drying, drum drying, and freeze drying. Spray dried powdered fats are expected to witness the fastest CAGR during the forecast period.

In April 2023, Germany-based Berg + Schmidt expanded its presence in the Middle East to cater to the rising demand for feed additives. Through the establishment of a warehouse in the UAE, Berg + Schmidt is looking to improve the distribution of its specialty products, such as BergaFat fat powders, lecithin, and trace minerals.

Powdered Fats Market Report Highlights:

Based on source, palm and palm kernel are the most preferred sources o powdered fats worldwide. The segment held a revenue share of 34.9% in 2022. The dominance of this segment can be attributed to the high melting point of palm-derived fats and the low chances of rancidity, which make them the preferred choice in applications such as bakery products, confectionery, and snacks
Based on applications, the main applications for powdered fats include bakery & confectionery, dairy & non-dairy products, and beverages segments. The beverages segment is projected to grow at a CAGR of 4.6% during the forecast period, driven by the increasing use of powdered fats in instant and ready-to-drink (RTD) beverages to improve their shelf life
In animal feed, the growth of powdered fats is driven by their high energy content, making them a dense source of calories and essential fatty acids for livestock. Powdered fats are easily digestible, enhancing the overall energy intake and promoting weight gain in animals
Product demand in the Middle East & Africa region is expected to grow at a CAGR of 4.7% during the forecast period, driven by the rising number of countries working toward enhancing food security through several initiatives, such as boosting agricultural infrastructure and local production

Product Code: GVR-4-68040-159-2

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segmental Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Powdered Fats Market Variables & Trends

3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing Trends
- 3.2.3. Technology Trends
3.3. Regulatory Framework
3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Challenge Analysis
3.5. Business Environment Analysis
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. PESTEL Analysis

Chapter 4. Powdered Fats Market: Source Analysis & Estimates

4.1. Source Movement Analysis & Market Share, 2022 & 2030
- 4.1.1. Palm & Palm Kernel
- 4.1.2. Coconut
- 4.1.3. Milk
- 4.1.4. Sunflower
- 4.1.5. Canola
- 4.1.6. Corn
- 4.1.7. Others

Chapter 5. Powdered Fats Market: Processing Technology Analysis & Estimates

5.1. Processing Technology Movement Analysis & Market Share, 2023 & 2030
- 5.1.1. Spray Drying
- 5.1.2. Drum Drying
- 5.1.3. Freeze Drying
- 5.1.4. Others

Chapter 6. Powdered Fats Market: Application Analysis & Estimates

6.1. Application Movement Analysis & Market Share, 2023 & 2030
- 6.1.1. Dairy & Non-dairy Products
- 6.1.2. Bakery & Confectionery
- 6.1.3. Frozen Desserts
- 6.1.4. Baby Food & Infant Formula
- 6.1.5. Supplements & Nutritional Products
- 6.1.6. Beverages
- 6.1.7. Seasonings & Flavorings
- 6.1.8. Sauces, Dressings, & Condiments
- 6.1.9. Others

Chapter 7. Powdered Fats Market: Regional Estimates & Trend Analysis

7.1. Powdered Fats Market: Regional Outlook
7.2. North America
- 7.2.1. North America powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. Key country dynamics
  - 7.2.2.2. U.S. powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Key country dynamics
  - 7.2.3.2. Canada powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Key country dynamics
  - 7.2.4.2. Mexico powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.2. UK
  - 7.3.2.1. Key country dynamics
  - 7.3.2.2. UK powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Key country dynamics
  - 7.3.3.2. Germany powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. Key country dynamics
  - 7.3.4.2. France powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.5. Spain
  - 7.3.5.1. Key country dynamics
  - 7.3.5.2. Spain powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.6. Italy
  - 7.3.6.1. Key country dynamics
  - 7.3.6.2. Italy powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.7. Belgium
  - 7.3.7.1. Key country dynamics
  - 7.3.7.2. Belgium powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.3.8. Netherlands
  - 7.3.8.1. Key country dynamics
  - 7.3.8.2. Netherlands powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific powdered fats market estimates & Forecast, 2023 - 2030 (USD Million)
- 7.4.2. China
  - 7.4.2.1. Key country dynamics
  - 7.4.2.2. China powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.4.3. India
  - 7.4.3.1. Key country dynamics
  - 7.4.3.2. India powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.4.4. Japan
  - 7.4.4.1. Key country dynamics
  - 7.4.4.2. Japan powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.4.5. Australia & New Zealand
  - 7.4.5.1. Key country dynamics
  - 7.4.5.2. Australia & New Zealand powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
7.5. Central & South America
- 7.5.1. Central & South America powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Key country dynamics
  - 7.5.2.2. Brazil powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.3. Argentina
  - 7.5.3.1. Key country dynamics
  - 7.5.3.2. Argentina powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.4. Colombia
  - 7.5.4.1. Key country dynamics
  - 7.5.4.2. Colombia powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.5. Peru
  - 7.5.5.1. Key country dynamics
  - 7.5.5.2. Peru powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.6. Chile
  - 7.5.6.1. Key country dynamics
  - 7.5.6.2. Chile powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.7. Guatemala
  - 7.5.7.1. Key country dynamics
  - 7.5.7.2. Guatemala powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.8. Honduras
  - 7.5.8.1. Key country dynamics
  - 7.5.8.2. Honduras powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.5.9. El Salvador
  - 7.5.9.1. Key country dynamics
  - 7.5.9.2. El Salvador powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
7.6. Middle East & Africa
- 7.6.1. Middle East & Africa powdered fats market estimates & forecast, 2023 - 2030 (USD Million)
- 7.6.2. South Africa
  - 7.6.2.1. Key country dynamics
  - 7.6.2.2. South Africa powdered fats market estimates & forecast, 2023 - 2030 (USD Million)

Chapter 8. Powdered Fats Market: Competitive Landscape

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Service Provider Benchmarking
8.6. Company Market Share Analysis, 2022
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
- 8.8.1. Product Launch
- 8.8.2. Others
8.9. List of key companies analyzed in this section includes:
- 8.9.1. Kerry Group plc
- 8.9.2. Royal FrieslandCampina N.V.
- 8.9.3. Aarkay Food Products Ltd.
- 8.9.4. Insta Foods
- 8.9.5. Castle Dairy s.a.
- 8.9.6. Zeon Lifesciences Ltd.
- 8.9.7. LUS Health Ingredients BV
- 8.9.8. Hill Natural Extract
- 8.9.9. Tiba Starch & Glucose Manufacturing Co. S.A.E

Product Code: GVR-4-68040-159-2

List of Tables

Table 1 Market driver impact analysis
Table 2 Market restraint impact analysis
Table 3 Powdered fats market estimates & forecast, by source (USD Million)
Table 4 Powdered fats market estimates & forecast, by processing technology (USD Million)
Table 5 Powdered fats market estimates & forecast, by application (USD Million)
Table 6 U.S. macro-economic outlay
Table 7 Canada macro-economic outlay
Table 8 Mexico macro-economic outlay
Table 9 Germany macro-economic outlay
Table 10 UK macro-economic outlay
Table 11 France macro-economic outlay
Table 12 Spain macro-economic outlay
Table 13 Italy macro-economic outlay
Table 14 Netherlands macro-economic outlay
Table 15 Belgium macro-economic outlay
Table 16 China macro-economic outlay
Table 17 Japan macro-economic outlay
Table 18 India macro-economic outlay
Table 19 Australia & New Zealand macro-economic outlay
Table 20 Brazil macro-economic outlay
Table 21 Colombia macro-economic outlay
Table 22 Argentina macro-economic outlay
Table 23 Peru macro-economic outlay
Table 24 Chile macro-economic outlay
Table 25 Guatemala macro-economic outlay
Table 26 Honduras macro-economic outlay
Table 27 El Salvador macro-economic outlay
Table 28 South Africa macro-economic outlay
Table 29 Recent developments & impact analysis, by key market participants
Table 30 Participant's overview
Table 31 Financial Performance
Table 32 Product Benchmarking
Table 33 Company market share, 2022
Table 34 Company heat map analysis
Table 35 Companies undergoing product launches

List of Figures

Fig. 1 Powdered fats market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Segment snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Powdered fats market: Industry value chain analysis
Fig. 11 Powdered fats market dynamics
Fig. 12 Powdered fats market: Porter's five forces analysis
Fig. 13 Powdered fats market: PESTEL analysis
Fig. 14 Powdered fats market, by source: Key takeaways
Fig. 15 Powdered fats market, by source: Market share, 2022 & 2030
Fig. 16 Palm & palm kernel powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 17 Coconut powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 18 Milk powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 19 Sunflower powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 20 Canola powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 21 Corn powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 22 Other powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 23 Powdered fats market, by processing technology: Key takeaways
Fig. 24 Powdered fats market, by processing technology: Market share, 2022 & 2030
Fig. 25 Powdered fats market estimates & forecast, by spray drying, 2017 - 2030 (USD Million)
Fig. 26 Powdered fats market estimates & forecast, by drum drying, 2017 - 2030 (USD Million)
Fig. 27 Powdered fats market estimates & forecast, by freeze drying, 2017 - 2030 (USD Million)
Fig. 28 Powdered fats market estimates & forecast, by other processing technologies, 2017 - 2030 (USD Million)
Fig. 29 Powdered fats market, by application: Key takeaways
Fig. 30 Powdered fats market, by application: Market share, 2022 & 2030
Fig. 31 Powdered fats in dairy and non-dairy products, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 32 Powdered fats in bakery & confectionery, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 33 Powdered fats in frozen desserts, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 34 Powdered fats in baby food & infant formula, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 35 Powdered fats in supplements and nutritional products, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 36 Powdered fats in beverages, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 37 Powdered fats in seasonings & flavorings, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 38 Powdered fats in sauces, dressings, & condiments, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 39 Powdered fats in other applications, market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 40 Powdered fats market revenue, by region, 2022 & 2030 (USD Million)
Fig. 41 Regional marketplace: Key takeaways
Fig. 42 Regional marketplace: Key takeaways
Fig. 43 North America powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 44 U.S. powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 45 Canada powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 46 Mexico powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 47 Europe powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 48 Germany powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 49 UK powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 50 France powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 51 Spain powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 52 Italy powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 53 Netherlands powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 54 Belgium powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 55 Asia Pacific powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 56 China powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 57 Japan powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 58 India powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 59 Australia & New Zealand powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 60 Central & South America powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 61 Brazil powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 62 Colombia powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 63 Argentina powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 64 Peru powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 65 Chile powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 66 Guatemala powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 67 Honduras powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 68 El Salvador powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 69 Middle East & Africa powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 70 South Africa powdered fats market estimates & forecast, 2017 - 2030 (USD Million)
Fig. 71 Key company categorization
Fig. 72 Company market share analysis, 2022
Fig. 73 Strategic framework

Powdered Fats Market Size, Share & Trends Analysis Report By Source (Palm & Palm Kernels, Milk), By Processing Technology (Spray Drying, Drum Drying), By Application, By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Powdered Fats Market Growth & Trends:

Powdered Fats Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Powdered Fats Market Variables & Trends

Chapter 4. Powdered Fats Market: Source Analysis & Estimates

Chapter 5. Powdered Fats Market: Processing Technology Analysis & Estimates

Chapter 6. Powdered Fats Market: Application Analysis & Estimates

Chapter 7. Powdered Fats Market: Regional Estimates & Trend Analysis

Chapter 8. Powdered Fats Market: Competitive Landscape

List of Tables

List of Figures