Demineralized Whey Powder Ingredient Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI
The demineralized whey powder ingredient market is valued at nearly US$ 600 Mn in 2021, and is set to grow at 5.1% CAGR through 2027. Demand for demineralized whey powder ingredients will be driven by bakery, confectionary, and infant food segment. Key factors driving the demineralized whey powder ingredients include growing consumer preference for protein-rich diet. Also, parents are taking active role in infant diet, which is also creating opportunities for market players. Irrespective of its use or application, milk remains to be the most essential source of adequate nutrition, enriching consumers’ lives with fats, protein, calcium and minerals. Contrary to its ever-growing demand, milk is not uniformly available in all parts of the world. The “dairy-deficit” parts of the world are compensating to this shortfall by shifting towards alternatives, wherein demineralized whey powder among the top non-dairy products imported in such regions. According to Future Market Insights’ recen