Global Fat Filled Milk Powders (FFMP) market will reach 10400 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/1/3

Fat filed milk powders (FFMP) are produced by blending palm or coconut vegetable fat with high quality skimmed milk powder. FFMP is used to replace full cream milk powder (FCMP) while being more economical.

Fat filled milk powders are produced by dry blending of dairy powders with vegetable fat (mostly palm or coconut). The properties and composition of these products allow to use them like cost-effective option of full cream milk powder partly or in full.

Applications of FFMP include ice-cream, bakery & confectionery, yoghurt, recombined sweetened condensed milk, chocolate and so on. Among those applications, ice cream accounts for the largest market share, which was about 50.74% in 2017.

Production of FFMP mainly concentrates in Europe. The region holds more than 60% market share globally. The second producer is Oceania.

The global Fat Filled Milk Powders (FFMP) market is valued at 5020 million US$ in 2017 and will reach 10400 million US$ by the end of 2025, growing at a CAGR of 9.6% during 2018-2025.

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