Asia-Pacific Cow Milk Minerals Market, By Form (Coarse Powder, Fine Powder), Function (Bone Health, Weight Management, Fortification, Others), Application (Food, Beverages) – Industry Trends and Forecast to 2030.
Asia Pacific Cow Milk Minerals Market Analysis and Size
Mammalian milk is a natural dietary source. Milk is produced by animals, including humans, to feed their young until they are ready for solid food. As such, milk contains valuable nutrients that help support a growing body, including calcium and protein. Calcium is required for strong bones and teeth, as well as muscle movement and nerve messages. To help prevent bone fractures and osteoporosis, health experts recommend obtaining adequate calcium. Milk is an excellent source of calcium, and vitamin D, which is another substance that supports bone health, is added to cow's milk by manufacturers.
Data Bridge Market Research analyses that the Asia Pacific cow milk minerals market, which was USD 915.6 thousand in 2022, would rocket up to USD 2,332.57 thousand by 2030 and is expected to undergo a CAGR of 12.40% during the forecast period.
“Coarse Powder” dominates the form segment of the Asia Pacific cow milk minerals market owing to the growing need for infant nutrition in emerging economies. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Asia Pacific Cow Milk Minerals Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Tons, Pricing in USD
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Segments Covered
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Form (Coarse Powder, Fine Powder), Function (Bone Health, Weight Management, Fortification, Others), Application (Food, Beverages)
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Countries Covered
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Japan, China, South Korea, Australia, India, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific
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Market Players Covered
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Meiji Holdings Co. Ltd. (Japan), MORINAGA MILK INDUSTRY CO. LTD. (Japan), Nestlé (Switzerland), Tedford Tellico (United States), Arla Foods Ingredients Group P/S (Denmark), Food Ingredient Technology (United States), Glanbia PLC (Ireland), Danone (France), FrieslandCampina (Netherlands), Groupe Lactalis (France), and SAVENCIA SA (France).among others.
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Market Opportunities
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Market Definition
Minerals such as calcium, salt, potassium, iron, magnesium, and phosphorus are abundant in cow's milk. These minerals are necessary for the body's correct functioning since they are engaged in a variety of critical functions, including muscle and heart contraction, blood clotting, hormone release, nerve impulse transmission, and so on. Other minerals termed trace elements can be found in small amounts in cow's milk. Iodine, fluorine, chlorine, zinc, cobalt, and selenium are the elements in question. Mineral elements account for around 4% of the body's weight in total. Minerals and trace elements are obtained through well-balanced food on a daily basis.
Asia Pacific Cow Milk Minerals Market Dynamics
Drivers
- Increasing awareness towards the benefits of calcium-fortified and mineral-rich dairy products
Calcium is a key element that many people use in their diets on a daily basis. In the human body, almost every cell uses calcium in several ways, including the heart, muscles, and nervous system. The human body utilizes calcium to build strong teeth and healthy bones. It also helps to build enzyme activity, especially ATP (Adenosine Tri Phosphate), or also it initiates the process of clotting blood. Calcium plays a critical role in the activity of ions across membranes. It plays an extensive role in regulating the heartbeat and nerve transmission. Additionally, plays a role in muscle activity and muscle tone in the body. This is expected to drive the growth in the cow milk minerals market.
- Growing need for infant nutrition in the emerging economies
During the early stage of life, good nutrition is necessary for kids for healthy growth and development. The health of developing newborn is improved when they are fed the right kind and amount of nutrients. Many physiological changes occur throughout the initial year of life, allowing newborns to consume foods of different content and texture. As an infant's mouth, tongue, and digestive tract mature, he or she progresses from being able to exclusively suckle, swallow, and take in liquid foods like breast milk or infant formula to being able to chew and consume a variety of complementary foods. This will drive the growth in cow milk minerals market.
Opportunities
- Technological advancements in the dairy industry
Advancements in technology is providing a critical opportunity for the dairy industry. They are creating some new business opportunities in ever-changing competitive business environment. To enhance profitability, precision dairy farming employs all parts of cutting-edge technology to monitor health, productivity, reproduction, rumen health, and feed consumption. All of these parameters were previously monitored on a farm or herd level. Still, with precision dairy farming, we are now able to measure them for each individual cow, ensuring that each cow receives the care they require.
Restraints/Challenges
- Fortification of essential ingredients in the milk products
Essential substances such as vitamins, minerals, omega-3 fatty acids, probiotics, prebiotics, and phytoconstituents are added to dairy products during the fortification process. The primary goal of fortification is to lower the rate of nutritional deficiency and related disorders in people of all ages. Whole milk, yogurt, cheese, yogurt drinks, dairy-based beverages, milk powder, butter, and buttermilk are examples of fortification substances that are a good choice for key nutrient fortification.
This Asia Pacific cow milk minerals market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical microscopes market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In March 2021, Meiji Co., Ltd. announced a plan to launch Japan’s No. 1 selling yogurt drink named “Meiji Probio Yogurt R-1” and “Meiji Probio Yogurt LG21,” majorly in the region of East China. Meiji is planning to reduce its plastic usage amount by changing the weight of plastic containers for these newly launched products. It will be a beneficial step for environmental regulations
- In December 2022, French dairy major market player Lactalis announced to acquire the joint venture in Brazil owned by Nestle and Fonterra. The acquisition is supposed to be finalized in mid-2023. It will develop Lactalis’s commercial and geographical coverage as well
Asia Pacific Cow Milk Minerals Market Scope
The Asia Pacific cow milk minerals market is segmented on the basis of form, function, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
- Coarse Powder
- Fine Powder
Function
- Bone Health
- Weight Management
- Fortification
- Others
Application
- Food
- Beverages
Asia Pacific Cow Milk Minerals Market Regional Analysis/Insights
The Asia Pacific cow milk minerals market is analysed and market size insights and trends are provided by country, form, function and application as referenced above.
The countries covered in the Asia Pacific cow milk minerals market report are Japan, China, South Korea, Australia, India, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific.
China is expected to dominate the Asia Pacific cow milk minerals market because of the increasing awareness of the benefits of calcium-fortified and mineral-rich dairy products.
India is expected to witness significant growth during the forecast period of 2023 to 2030 due to the rapid rise in aggregate consumption of milk propelled by the growing population in Asia-pacific.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia Pacific Cow Milk Minerals Market Share Analysis
The cow milk minerals market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the cow milk minerals market.
Some of the major players operating in the cow milk minerals market are:
- Meiji Holdings Co. Ltd. (Japan)
- MORINAGA MILK INDUSTRY CO. LTD. (Japan)
- Nestlé (Switzerland)
- Tedford Tellico (United States)
- Arla Foods Ingredients Group P/S (Denmark)
- Food Ingredient Technology (United States)
- Glanbia PLC (Ireland)
- Danone (France)
- FrieslandCampina (Netherlands)
- Groupe Lactalis (France)
- SAVENCIA SA (France)
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