Permeate is a by-product obtained during ultrafiltration of milk to extract milk protein and fat. The extract is dried using advanced spray drying techniques. Milk permeate powder is a natural food ingredient with outstanding functional & nutritional characteristics and can be used to standardize milk. It is used in a varied range of applications including bakery, dairy, beverages, confectionery, seasonings, soups, sauces, and desserts.
Global permeate market is gaining major traction, owing to its application in standardizing milk while retaining taste and maintaining nutrition value at the same time. In food & beverages industry, permeate is used to enhance flavor and improve texture of food products. Low lactose permeate is now being used as electrolyte beverages. Growing global milk industry is expected to boost the permeate market during forecast period. According to Food and Agricultural Outlook, global milk consumption was registered at 811 million tons in 2017, which is projected to increase by 22% to 1,168 million tons by 2030.
In recent years, permeate has emerged as a partial replacement for sodium chloride for brining of meat and poultry products to lower the sodium content. Brining of meat products is essential to increase its shelf life, enhance taste, and retain tenderness while cooking. Growing meat consumption is also expected to propel growth of the global permeate market. According to Food and Agriculture Organization, the global per capita meat consumption was around 30.8 kg in 2016, which is expected to reach to 35.4 kg by 2026.
Permeate often contain high percentage of lactose (65-85%) and is known to cause adverse impact on body weight and digestive system. High content of lactose in permeate might lower its usage in food & beverages products, which may hamper growth of the global permeate market.
Asia Pacific is expected to hold dominance in the global permeate market over the forecast period. Growing population and rising demand for processed food is expected to provide traction to permeate market during the forecast period. For instance, according to the Associated Chambers of Commerce and Industry of India, India processed food industry was valued at US$ 258 billion in 2015, which is expected to increase to US$ 482 billion by 2020.
Growing meat consumption in Asia Pacific is also expected to propel demand for permeate during forecast period. For instance, according to Organization for Economic Co-operation and Development (OECD), China’s annual meat consumption was registered at 49 kg per capita in 2015, which is expected to increase 55 kg per capita by 2026.
Key Players in the Global Permeate Market:-
Key players operating in the global permeate market are Arion Dairy Products B.V., Hoogwegt Group, Idaho Milk Products Inc., Agropur Ingredients, Rawa Pharm, Volac Feeds Limited, Lactalis Ingredients SNC, Armor Proteines S.A.S., Glanbia Ingredients, and Proliant Dairy Ingredients.
Major players are adopting various business strategies to meet the growing demand for permeate in the market. For instance, in August 2018, Glanbia Nutritionals and Proliant Dairy Ingredients entered into a joint venture to set up a plant in Michigan to produce whey protein by investing US$ 85 million.
On the basis of product type, the global permeate market is segmented into:
On the basis of end-use industry, the global permeate market is segmented into
On the basis of region, the global permeate market is segmented into:
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.