The global milk mineral concentrate market size is expected to reach USD 177.69 million by 2032, according to a new study by Polaris Market Research. The report "Milk Mineral Concentrate Market Share, Size, Trends, Industry Analysis Report, By Calcium Content (Less Than 20%, 20% to 25%, and 26% to 30%); By Granularity; By Application; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The substantial increase in the prevalence of bone-related disorders like osteopenia & osteoporosis and drastic shift in consumer preferences for nutritional foods and supplements, driving the global market growth. Additionally, the rapid growth in health & wellness trend that promotes consumption of nutritional products like milk mineral concentrates, are also fostering the product demand. For instance, according to a report by the International Osteoporosis Foundation, nearly, around 75 Mn people in Europe, US, & Japan are affected by the osteoporosis.
Additionally, the surging number of favourable government initiatives that promotes the manufacturing and consumption of high-quality and healthy food products and increasing R&D activities that are mainly focused on developing new products for different applications like gut health and immunity, is also propelling the market in a positive way.
For instance, in October 2023, FrieslandCampina Ingredients, announced the launch of its new "Step Up Nutrition" portfolio that is mainly aimed at improving the growth and development, cognitive development, mental health, gut health, and immunity specially in children aged 3 to 12 years.
As consumers worldwide are constantly becoming health-conscious and aware of food products they consume especially the generation Z and millennials, there is a spike in the demand for products like milk mineral concentrates. With consumers have willingness to try new and different flavors or textures that substantially create huge demand for fermented food and beverages with high nutritional content, the market will see positive impact.
Furthermore, there has been an increase in the number of new entrants into the market who are extensively focusing on new product development and prioritizing quality assurance measures including rigorous testing, transparency in sourcing, adherence to regulatory standards and requirements, creating a competitive and healthy market environment. For instance, in January 2024, Nuchev, unveiled its first bovine product specially developed for older children and adults. The new milk powder incorporates bovine-sourced colostrum that is rich in minerals and support heart and bone health.
Milk Mineral Concentrate Market Report Highlights
20% to 25% segment accounted for the largest share, due to growing demand for food products with significant amount of calcium and nutritional contents
Micronized powder segment expected to hold significant share, on account of its features like higher solubility in liquids and biocompatibility
Dietary supplements segment will grow at highest growth rate, that is driven by increasing consumption of healthy food products among consumers globally
Asia Pacific dominated the global market, owing to region's widespread adoption of milk mineral concentrate and prevalence of calcium deficiency
The key market players include Erie Foods International, Kerry Group, Fonterra Co-Operative, Darigold Ingredients, Arla Food Ingredients, and AMCO Products
Polaris Market Research has segmented the milk mineral concentrate market report based on calcium content, granularity, application, and region:
Milk Mineral Concentrate, Calcium Content Outlook (Revenue - USD Billion, 2019 - 2032)
- Less Than 20%
- 20% to 25%
- 26% to 30%
Milk Mineral Concentrate, Granularity Outlook (Revenue - USD Billion, 2019 - 2032)
- Standard Powder
- Micronized Powder
- Others
Milk Mineral Concentrate, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Infant Formula
- Functional Food
- Beverages
- Sports Nutrition
- Dietary Supplements
- Others
Milk Mineral Concentrate, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Malaysia
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Milk Mineral Concentrate Market Insights
- 4.1. Milk Mineral Concentrate Market - Application Snapshot
- 4.2. Milk Mineral Concentrate Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising population of bone-related disorders
- 4.2.1.2. Growing applications of milk minerals
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Fluctuation in raw material prices
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Milk Mineral Concentrate Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Milk Mineral Concentrate Market, by Calcium Content
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 5.3. Less Than 20%
- 5.3.1. Global Milk Mineral Concentrate Market, by Less Than 20%, by Region, 2019-2032 (USD Million)
- 5.4. 20% to 25%
- 5.4.1. Global Milk Mineral Concentrate Market, by 20% to 25%, by Region, 2019-2032 (USD Million)
- 5.5. 26% to 30%
- 5.5.1. Global Milk Mineral Concentrate Market, by 26% to 30%, by Region, 2019-2032 (USD Million)
6. Global Milk Mineral Concentrate Market, by Granularity
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 6.3. Standard Powder
- 6.3.1. Global Milk Mineral Concentrate Market, by Standard Powder, by Region, 2019-2032 (USD Million)
- 6.4. Micronized Powder
- 6.4.1. Global Milk Mineral Concentrate Market, by Micronized Powder, by Region, 2019-2032 (USD Million)
- 6.5. Others
- 6.5.1. Global Milk Mineral Concentrate Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Milk Mineral Concentrate Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 7.3. Infant Formula
- 7.3.1. Global Milk Mineral Concentrate Market, by Infant Formula, By Region, 2019-2032 (USD Million)
- 7.4. Functional Food
- 7.4.1. Global Milk Mineral Concentrate Market, by Functional Food, By Region, 2019-2032 (USD Million)
- 7.5. Beverages
- 7.5.1. Global Milk Mineral Concentrate Market, by Beverages, By Region, 2019-2032 (USD Million)
- 7.6. Sports Nutrition
- 7.6.1. Global Milk Mineral Concentrate Market, by Sports Nutrition, By Region, 2019-2032 (USD Million)
- 7.7. Dietary Supplements
- 7.7.1. Global Milk Mineral Concentrate Market, by Dietary Supplements, By Region, 2019-2032 (USD Million)
- 7.8. Others
- 7.8.1. Global Milk Mineral Concentrate Market, by Others, By Region, 2019-2032 (USD Million)
8. Global Milk Mineral Concentrate Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Milk Mineral Concentrate Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Milk Mineral Concentrate Market - North America
- 8.3.1. North America: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.3.2. North America: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.3.3. North America: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.3.4. Milk Mineral Concentrate Market - U.S.
- 8.3.4.1. U.S.: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.3.5. Milk Mineral Concentrate Market - Canada
- 8.3.5.1. Canada: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4. Milk Mineral Concentrate Market - Europe
- 8.4.1. Europe: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.2. Europe.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.3. Europe: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.4. Milk Mineral Concentrate Market - UK
- 8.4.4.1. UK: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.4.3. UK: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.5. Milk Mineral Concentrate Market - France
- 8.4.5.1. France: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.5.2. France.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.5.3. France: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.6. Milk Mineral Concentrate Market - Germany
- 8.4.6.1. Germany: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.7. Milk Mineral Concentrate Market - Italy
- 8.4.7.1. Italy: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.8. Milk Mineral Concentrate Market - Spain
- 8.4.8.1. Spain: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.9. Milk Mineral Concentrate Market - Netherlands
- 8.4.9.1. Netherlands: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.4.10. Milk Mineral Concentrate Market - Russia
- 8.4.10.1. Russia: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5. Milk Mineral Concentrate Market - Asia Pacific
- 8.5.1. Asia Pacific: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5.4. Milk Mineral Concentrate Market - China
- 8.5.4.1. China: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.4.2. China.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.4.3. China: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5.5. Milk Mineral Concentrate Market - India
- 8.5.5.1. India: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.5.2. India.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.5.3. India: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5.6. Milk Mineral Concentrate Market - Malaysia
- 8.5.6.1. Malaysia: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5.7. Milk Mineral Concentrate Market - Japan
- 8.5.7.1. Japan: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5.8. Milk Mineral Concentrate Market - Indonesia
- 8.5.8.1. Indonesia: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.5.9. Milk Mineral Concentrate Market - South Korea
- 8.5.9.1. South Korea: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.6. Milk Mineral Concentrate Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.6.4. Milk Mineral Concentrate Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.6.5. Milk Mineral Concentrate Market - UAE
- 8.6.5.1. UAE: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.6.6. Milk Mineral Concentrate Market - Israel
- 8.6.6.1. Israel: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.6.7. Milk Mineral Concentrate Market - South Africa
- 8.6.7.1. South Africa: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.7. Milk Mineral Concentrate Market - Latin America
- 8.7.1. Latin America: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.7.3. Latin America: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.7.4. Milk Mineral Concentrate Market - Mexico
- 8.7.4.1. Mexico: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.7.5. Milk Mineral Concentrate Market - Brazil
- 8.7.5.1. Brazil: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
- 8.7.6. Milk Mineral Concentrate Market - Argentina
- 8.7.6.1. Argentina: Milk Mineral Concentrate Market, by Calcium Content, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Milk Mineral Concentrate Market, by Application, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Milk Mineral Concentrate Market, by Granularity, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Arla Foods Ingredients Group P/S (Denmark)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. ARMOR PROTEINES (France)
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Darigold Ingredients (US)
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Erie Foods International (US)
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Fonterra Co-Operative Group (New Zealand)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. FrieslandCampina DOMO (Netherlands)
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Glanbia PLC (Ireland)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Kerry Group (Ireland)
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. MILEI GmbH (Germany)
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Paras Dairy (India)
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Sachsenmilch Leppersdorf GmbH (Germany)
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Saputo Inc. (Canada)
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development