The North America Buttermilk Powder Market would witness market growth of 5.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 42,707.2 Tonnes, showcasing a growth of 13.4% (2020-2023).
In the B2B sales channel, This Powder is increasingly sought after for its functional benefits in bulk applications. Sales are driven by demand from food manufacturers, beverage companies, and industrial processors who require high-quality ingredients for product development and production. This powder is used in bulk in dairy products, baked goods, and snacks, as well as in the formulation of custom food and beverage solutions. Market Trends indicate growth in B2B sales due to the expansion of food processing industries and a rising focus on product innovation. Companies are leveraging this powder for its consistency, flavor enhancement, and nutritional value. Thus, the B2B sales channel in US market registered a volume of 36,529.43 Tonnes in 2023.
The US market dominated the North America Buttermilk Powder Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,120.2 Million by 2031. The Canada market is experiencing a CAGR of 7.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8% during (2024 - 2031).
This powder is a staple ingredient in the food and beverage industry, valued for its distinct tangy flavour and functional properties. It enhances the flavour and texture of baked goods, such as cakes, muffins, and biscuits. It contributes to a moist crumb and a rich, tangy taste, making it a preferred choice in bakery products. Additionally, its ability to improve dough consistency and leavening makes it valuable in the confectionery sector.
In addition, this powder is used to produce various dairy products, including cheese, yogurt, and ice cream. This powder is used to produce probiotic supplements and fermented dairy products. Its natural fermentation properties and culture-supporting qualities make it a valuable ingredient in developing probiotic-rich foods and supplements, enhancing their effectiveness and flavour profile.
The Canadian food and beverage industry focuses on innovation and reformulation to meet evolving consumer preferences for healthier, more functional products. This powder is being utilized in new product formulations that cater to these trends, such as low-fat or high-protein options, boosting its market presence. The rise in artisan and specialty food products in Canada is impacting this market. Canadian producers are incorporating powder into artisanal cheeses, gourmet baked goods, and specialty sauces, driven by the demand for high-quality and distinctive food items. Hence, North America's growing food and beverage processing sector is expected to boost the demand for buttermilk powder in the region.
Free Valuable Insights: The Buttermilk Powder Market is Predict to reach USD 5.4 Billion by 2031, at a CAGR of 7.5%
Based on Distribution Channel, the market is segmented into B2B and B2C (Hypermarkets & Supermarkets, Convenience stores, Online, and Others). Based on Nature, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Food & Beverages (Bakery & Confectionery, Dairy Products, Beverages, and Others), Foodservice, and Household. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Nature (Volume, Tonnes, USD Billion, 2020-2031)
By Application (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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