The Europe Powdered Fats Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030).
An increase in the demand for processed foods, as well as organic and plant-based ingredients, is propelling the market. Additionally, as consumers' understanding of the harmful effects of high-fat diets develops, so does their health consciousness. As a result of this increased awareness, market participants are creating low-fat and fat-free products. The demand for fat powders as a fat substitute in various culinary applications is predicted to increase due to this trend.
Furthermore, the market is experiencing growth primarily because of the influence of the pharmaceutical and cosmetics industries. Because powdered fats contain blending and moisturizing traits, these businesses use them to make lotions, ointments, and powders. Fat powders are also added to animal feed to improve the feed's palatability and nutritional content.
With a valuation of £104.4 billion, the food and beverage industry is the largest manufacturing sector in the United Kingdom in terms of revenue. An industry-wide dedication to meet evolving consumer demands is evident in the 2021 Food and Drink Report by the UK's Department for Business and Trade, which highlights that 77% of food and drink manufacturers are augmenting their emphasis on new product development and innovation. As the food and drink sector expands and diversifies to cater to changing consumer demands, the demand for these fats as a functional ingredient is expected to continue growing. Hence, the expanding food and drink sector in the region will aid in the expansion of the market.
The Germany market dominated the Europe Powdered Fats Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $191.7 million by 2030. The UK market is exhibiting a CAGR of 3.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.2% during (2023 - 2030).
Based on Processing Technology, the market is segmented into Spray Drying, Drum Drying, Freeze Drying, and Others. Based on Source, the market is segmented into Palm & Palm Kernel, Milk, Sunflower, Coconut, Canola, Corn, and Others. Based on Application, the market is segmented into Bakery & Confectionery, Baby Food & Infant Formula, Beverages, Sauces, Dressings, & Condiments, Frozen Desserts, Dairy & Non-dairy Products, Supplements & Nutritional Products, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Powdered Fats Market will Hit $3 Billion by 2030, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group plc, Royal FrieslandCampina N.V., Aarkay Food Products Ltd., Insta Foods, Vreugdenhil BV, Zeon Lifesciences Ltd., LUS Health Ingredients BV and Glenstal Foods Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Processing Technology
- Spray Drying
- Drum Drying
- Freeze Drying
- Others
By Source
- Palm & Palm Kernel
- Milk
- Sunflower
- Coconut
- Canola
- Corn
- Others
By Application
- Bakery & Confectionery
- Baby Food & Infant Formula
- Beverages
- Sauces, Dressings, & Condiments
- Frozen Desserts
- Dairy & Non-dairy Products
- Supplements & Nutritional Products
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Kerry Group plc
- Royal FrieslandCampina N.V.
- Aarkay Food Products Ltd.
- Insta Foods
- Vreugdenhil BV
- Zeon Lifesciences Ltd.
- LUS Health Ingredients BV
- Glenstal Foods Ltd.
TABLE 1 Europe Powdered Fats Market, 2019 - 2022, USD Million
TABLE 2 Europe Powdered Fats Market, 2023 - 2030, USD Million
TABLE 3 Europe Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 4 Europe Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 5 Europe Spray Drying Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Spray Drying Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Drum Drying Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Drum Drying Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Freeze Drying Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Freeze Drying Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 14 Europe Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 15 Europe Palm & Palm Kernel Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Palm & Palm Kernel Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Milk Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Milk Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Sunflower Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Sunflower Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Coconut Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Coconut Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Canola Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Canola Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Corn Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Corn Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 30 Europe Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 31 Europe Bakery & Confectionery Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Bakery & Confectionery Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Baby Food & Infant Formula Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Baby Food & Infant Formula Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Beverages Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Beverages Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Sauces, Dressings, & Condiments Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Sauces, Dressings, & Condiments Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Frozen Desserts Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Frozen Desserts Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe Dairy & Non-dairy Products Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Dairy & Non-dairy Products Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Supplements & Nutritional Products Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Supplements & Nutritional Products Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Powdered Fats Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Powdered Fats Market by Country, 2023 - 2030, USD Million
TABLE 49 Germany Powdered Fats Market, 2019 - 2022, USD Million
TABLE 50 Germany Powdered Fats Market, 2023 - 2030, USD Million
TABLE 51 Germany Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 52 Germany Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 53 Germany Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 54 Germany Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 55 Germany Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 56 Germany Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 57 UK Powdered Fats Market, 2019 - 2022, USD Million
TABLE 58 UK Powdered Fats Market, 2023 - 2030, USD Million
TABLE 59 UK Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 60 UK Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 61 UK Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 62 UK Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 63 UK Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 64 UK Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 65 France Powdered Fats Market, 2019 - 2022, USD Million
TABLE 66 France Powdered Fats Market, 2023 - 2030, USD Million
TABLE 67 France Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 68 France Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 69 France Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 70 France Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 71 France Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 72 France Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 73 Russia Powdered Fats Market, 2019 - 2022, USD Million
TABLE 74 Russia Powdered Fats Market, 2023 - 2030, USD Million
TABLE 75 Russia Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 76 Russia Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 77 Russia Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 78 Russia Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 79 Russia Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 80 Russia Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 81 Spain Powdered Fats Market, 2019 - 2022, USD Million
TABLE 82 Spain Powdered Fats Market, 2023 - 2030, USD Million
TABLE 83 Spain Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 84 Spain Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 85 Spain Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 86 Spain Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 87 Spain Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 88 Spain Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 89 Italy Powdered Fats Market, 2019 - 2022, USD Million
TABLE 90 Italy Powdered Fats Market, 2023 - 2030, USD Million
TABLE 91 Italy Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 92 Italy Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 93 Italy Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 94 Italy Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 95 Italy Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 96 Italy Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 97 Rest of Europe Powdered Fats Market, 2019 - 2022, USD Million
TABLE 98 Rest of Europe Powdered Fats Market, 2023 - 2030, USD Million
TABLE 99 Rest of Europe Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
TABLE 100 Rest of Europe Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
TABLE 101 Rest of Europe Powdered Fats Market by Source, 2019 - 2022, USD Million
TABLE 102 Rest of Europe Powdered Fats Market by Source, 2023 - 2030, USD Million
TABLE 103 Rest of Europe Powdered Fats Market by Application, 2019 - 2022, USD Million
TABLE 104 Rest of Europe Powdered Fats Market by Application, 2023 - 2030, USD Million
TABLE 105 Key Information – Insta Foods
TABLE 106 Key Information – Vreugdenhil BV
TABLE 107 Key Information – Zeon Lifesciences Ltd.
TABLE 108 Key Information – LUS Health Ingredients BV
TABLE 109 Key Information – Glenstal Foods Ltd.
TABLE 110 Key Information – Aarkay Food Products Ltd.
TABLE 111 Key Information – Kerry Group PLC
TABLE 112 Key Information – Royal FrieslandCampina N.V.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Powdered Fats Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Powdered Fats Market
FIG 4 Porter’s Five Forces Analysis – Powdered Fats Market
FIG 5 Europe Powdered Fats Market Share by Processing Technology, 2022
FIG 6 Europe Powdered Fats Market Share by Processing Technology, 2030
FIG 7 Europe Powdered Fats Market by Processing Technology, 2019 - 2030, USD Million
FIG 8 Europe Powdered Fats Market Share by Source, 2022
FIG 9 Europe Powdered Fats Market Share by Source, 2030
FIG 10 Europe Powdered Fats Market by Source, 2019 - 2030, USD Million
FIG 11 Europe Powdered Fats Market Share by Application, 2022
FIG 12 Europe Powdered Fats Market Share by Application, 2030
FIG 13 Europe Powdered Fats Market by Application, 2019 - 2030, USD Million
FIG 14 Europe Powdered Fats Market Share by Country, 2022
FIG 15 Europe Powdered Fats Market Share by Country, 2030
FIG 16 Europe Powdered Fats Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Insta Foods
FIG 18 SWOT Analysis: Vreugdenhil BV
FIG 19 SWOT Analysis: Zeon Lifesciences Ltd.
FIG 20 SWOT Analysis: LUS Health Ingredients BV
FIG 21 SWOT Analysis: Glenstal Foods Ltd.
FIG 22 Recent strategies and developments: Kerry Group PLC
FIG 23 SWOT Analysis: KERRY GROUP PLC
FIG 24 SWOT Analysis: Royal FrieslandCampina N.V.