Milk Mineral Concentrate Market
Milk Mineral Concentrate Market Forecasts to 2028 - Global Analysis By Source (Buffalo Milk, Goat Milk, Cow Milk and Other Sources), Calcium Content (Less than 20%, 20% to 25% and 26% to 30%), Granularity (Micronized Powder (<10 microns) and Standard Powder (>10 microns)), Application and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $109.79 BN |
|
Projected Year Value (2028) |
US $161.11 BN |
|
CAGR (2022 - 2028) |
6.6% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Fastest Growing Market |
North America |
According to Stratistics MRC, the Global Milk Mineral Concentrate Market is accounted for $109.79 billion in 2022 and is expected to reach $161.11 billion by 2028 growing at a CAGR of 6.6% during the forecast period. Milk mineral concentrate is a naturally occurring type of milk mineral obtained using a proprietary isolation technique. Milk mineral concentrates are generally high in calcium, phosphoric acid, and other milk minerals. Milk minerals are essential for human health, particularly for bone health. Milk mineral concentrations are made by filtering whey, a by-product of cheese manufacture. Several isolation procedures are used to fractionate the whey, which is subsequently dried and crushed into fine powders. These are high in calcium, potassium, salt, and other vital minerals and are used to supplement nutrition by adding them to infant formulae, nutritional foods, beverages, and other products.
According to an article published by Bone Health and Osteoporosis Foundation (BHOF) in 2021, it is estimated that around 10 million Americans have osteoporosis, and around 44 million are at high risk for its development due to low bone mass.
Market Dynamics:
Driver:
Growing prevalence of bone-related disorders especially among geriatric population
The prevalence is rising as the senior population grows. The global prevalence of calcium shortage is increasing due to a variety of factors, including inadequate calcium intake in the diet, underlying medical diseases such as autoimmune illnesses, and drugs that reduce calcium absorption in individuals. As a result of calcium insufficiency in the population, the prevalence of bone-related disease is increasing, producing an unmet need for therapy. These factors are increasing the need for calcium-fortified foods and dietary supplements to meet the required dietary intake of calcium and other minerals.
Restraint:
Growing inclination of consumers toward vegan food
The growing consumer preference for a healthy lifestyle is moving demand and preference away from traditionally processed meat products, which is simultaneously reducing demand for dairy products. Many reasons are contributing to a movement in population preference for vegan food consumption in industrialised and emerging countries. Furthermore, plant-based alternatives are now considered a more nutritious and superior choice of milk, leading in lower consumption of dairy milk and products in industrialised countries such as the United States, the United Kingdom, and others. These factors are expected to limit the global market's growth over the forecast period.
Opportunity:
Shifting consumer preference towards more nutritious food products
Globally, rising health consciousness and illnesses caused by a lack of nutrient consumption are driving an increase in the use of dietary supplements, fortified beverages, and meals. Similarly, increased government measures to update guidelines and conform to the quality of products created by market participants are encouraging these firms' research and activities to develop and launch products with a broader range of applications such as gut health and immunity, among others. As a result of consumer preferences shifting toward more nutritious food products, demand for milk mineral concentrate manufacturing for calcium fortification of various food products and beverages is predicted to increase.
Threat:
Price fluctuations
Milk and dairy product costs fluctuate on a weekly and monthly basis, depending on a range of supply and demand factors as well as government regulations. Milk production, lactation length, and dry period, on the other hand, have been shown to be affected by genetic background, environment, illnesses, food, year, and season of calving. Breed, age, lactation stage, parity, and milking frequency all have an impact on performance, which is the primary cause for the constant fluctuation of milk prices, as a result of these factors imposing significant constraints on the market.
Covid-19 Impact
During the predicted period, the COVID-19 influence on market growth was positive. During the COVID-19 epidemic, there was an increase in demand for milk and other dairy products. The procurement of raw materials and ingredients by milk mineral concentrate makers was hampered slightly due to minor interruptions in the supply chain and logistics. Higher raw material prices arose from the population's increased demand for milk and dairy products, along with decreasing production of milk and other products. These factors resulted in lower sales volume of products with higher ASPs, resulting in higher revenues.
The 20% to 25% segment is expected to be the largest during the forecast period
The 20% to 25% segment is estimated to have a lucrative growth, due to the increasing number of people with mineral deficiencies and growing awareness of the illnesses and possible treatment options. To address the demand for mineral concentrates, market participants such as Glanbia PLC., Arla Foods Ingredients Group P/S, and others are focusing on boosting the concentration of key minerals such as calcium. During the projection period, these variables are expected to boost segmental expansion.
The infant formula segment is expected to have the highest CAGR during the forecast period
The infant formula segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the increased awareness of mineral inadequacies among newborns and children in emerging countries such as China, Japan, and others. Another key element contributing to the segment's growth is the increasing number of clinical trials to develop and launch infant formulae with added nutritious molecules to address the impaired nutrition level, as well as the expanding regulatory framework.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the factors such as the increased prevalence of calcium deficient illnesses in the population, particularly among babies and the elderly. Furthermore, rising government activities to adopt and update new laws for fortified food products such as infant formulae are expected to drive the market in the region. And also, rising infant formula consumption in countries such as China, Japan, and others is driving market participants to offer products with continual improvements in mineral content, which is expected to increase demand for infant formulae throughout the forecast period.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to increasing patient population suffering from micronutrient deficiency disorders in the U.S. and Canada. Customers are becoming more health concerned, and there is a quick increase in exercise activities, which leads to sports and protein-rich supplements. Rising health concerns due to lesser consumption of vital minerals and micronutrients, increased awareness and identification of mineral deficiency disorders among the region's population are some of the reasons leading to the market's rise in North America.
Key players in the market
Some of the key players profiled in the Milk Mineral Concentrate Market include Arla Foods Ingredients Group P/S, ARMOR PROTÉINES, Fonterra Co-Operative Group Limited, FrieslandCampina DOMO, MILEI GmbH, Sachsenmilch Leppersdorf GmbH, Glanbia PLC, Whiteoakmills, Lactalis Ingredients, Food Ingredient Technology Co., Ltd., MG Ingredients, Draco Ingredients, Donaghys
Key Developments:
In June 2022, Sachsenmilch Leppersdorf GmbH entered into an agreement with FrieslandCampina DOMO to take over five brands of dairy product range and three production facilities.
In March 2022, Arla Foods Ingredients Group P/S launches two new products for early life nutrition with an aim to expand its organic offering to strengthen its position in the market in the organic sector.
In February 2021, FrieslandCampina DOMO announced a new partnership with Cayuga Milk Ingredients for the production of its Refit milk proteins MPI 90 and MPC 85 with an aim to increase its product portfolio.
Sources Covered:
• Buffalo Milk
• Goat Milk
• Cow Milk
• Other Sources
Calcium Contents Covered:
• Less than 20%
• 20% to 25%
• 26% to 30%
Granularities Covered:
• Micronized Powder (<10 microns)
• Standard Powder (>10 microns)
Applications Covered:
• Dietary Supplements
• Infant Formula
• Functional Food
• Sports Nutrition
• Beverages
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Milk Mineral Concentrate Market, By Source
5.1 Introduction
5.2 Buffalo Milk
5.3 Goat Milk
5.4 Cow Milk
5.5 Other Sources
6 Global Milk Mineral Concentrate Market, By Calcium Content
6.1 Introduction
6.2 Less than 20%
6.3 20% to 25%
6.4 26% to 30%
7 Global Milk Mineral Concentrate Market, By Granularity
7.1 Introduction
7.2 Micronized Powder (<10 microns)
7.3 Standard Powder (>10 microns)
8 Global Milk Mineral Concentrate Market, By Application
8.1 Introduction
8.2 Dietary Supplements
8.3 Infant Formula
8.4 Functional Food
8.5 Sports Nutrition
8.6 Beverages
8.7 Other Applications
9 Global Milk Mineral Concentrate Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Arla Foods Ingredients Group P/S
11.2 ARMOR PROTÉINES
11.3 Fonterra Co-Operative Group Limited
11.4 FrieslandCampina DOMO
11.5 MILEI GmbH
11.6 Sachsenmilch Leppersdorf GmbH
11.7 Glanbia PLC
11.8 Whiteoakmills
11.9 Lactalis Ingredients
11.10 Food Ingredient Technology Co., Ltd.
11.11 MG Ingredients
11.12 Draco Ingredients
11.13 Donaghys
List of Tables
1 Global Milk Mineral Concentrate Market Outlook, By Region (2020-2028) ($MN)
2 Global Milk Mineral Concentrate Market Outlook, By Source (2020-2028) ($MN)
3 Global Milk Mineral Concentrate Market Outlook, By Buffalo Milk (2020-2028) ($MN)
4 Global Milk Mineral Concentrate Market Outlook, By Goat Milk (2020-2028) ($MN)
5 Global Milk Mineral Concentrate Market Outlook, By Cow Milk (2020-2028) ($MN)
6 Global Milk Mineral Concentrate Market Outlook, By Other Sources (2020-2028) ($MN)
7 Global Milk Mineral Concentrate Market Outlook, By Calcium Content (2020-2028) ($MN)
8 Global Milk Mineral Concentrate Market Outlook, By Less than 20% (2020-2028) ($MN)
9 Global Milk Mineral Concentrate Market Outlook, By 20% to 25% (2020-2028) ($MN)
10 Global Milk Mineral Concentrate Market Outlook, By 26% to 30% (2020-2028) ($MN)
11 Global Milk Mineral Concentrate Market Outlook, By Granularity (2020-2028) ($MN)
12 Global Milk Mineral Concentrate Market Outlook, By Micronized Powder (<10 microns) (2020-2028) ($MN)
13 Global Milk Mineral Concentrate Market Outlook, By Standard Powder (>10 microns) (2020-2028) ($MN)
14 Global Milk Mineral Concentrate Market Outlook, By Application (2020-2028) ($MN)
15 Global Milk Mineral Concentrate Market Outlook, By Dietary Supplements (2020-2028) ($MN)
16 Global Milk Mineral Concentrate Market Outlook, By Infant Formula (2020-2028) ($MN)
17 Global Milk Mineral Concentrate Market Outlook, By Functional Food (2020-2028) ($MN)
18 Global Milk Mineral Concentrate Market Outlook, By Sports Nutrition (2020-2028) ($MN)
19 Global Milk Mineral Concentrate Market Outlook, By Beverages (2020-2028) ($MN)
20 Global Milk Mineral Concentrate Market Outlook, By Other Applications (2020-2028) ($MN)
21 North America Milk Mineral Concentrate Market Outlook, By Country (2020-2028) ($MN)
22 North America Milk Mineral Concentrate Market Outlook, By Source (2020-2028) ($MN)
23 North America Milk Mineral Concentrate Market Outlook, By Buffalo Milk (2020-2028) ($MN)
24 North America Milk Mineral Concentrate Market Outlook, By Goat Milk (2020-2028) ($MN)
25 North America Milk Mineral Concentrate Market Outlook, By Cow Milk (2020-2028) ($MN)
26 North America Milk Mineral Concentrate Market Outlook, By Other Sources (2020-2028) ($MN)
27 North America Milk Mineral Concentrate Market Outlook, By Calcium Content (2020-2028) ($MN)
28 North America Milk Mineral Concentrate Market Outlook, By Less than 20% (2020-2028) ($MN)
29 North America Milk Mineral Concentrate Market Outlook, By 20% to 25% (2020-2028) ($MN)
30 North America Milk Mineral Concentrate Market Outlook, By 26% to 30% (2020-2028) ($MN)
31 North America Milk Mineral Concentrate Market Outlook, By Granularity (2020-2028) ($MN)
32 North America Milk Mineral Concentrate Market Outlook, By Micronized Powder (<10 microns) (2020-2028) ($MN)
33 North America Milk Mineral Concentrate Market Outlook, By Standard Powder (>10 microns) (2020-2028) ($MN)
34 North America Milk Mineral Concentrate Market Outlook, By Application (2020-2028) ($MN)
35 North America Milk Mineral Concentrate Market Outlook, By Dietary Supplements (2020-2028) ($MN)
36 North America Milk Mineral Concentrate Market Outlook, By Infant Formula (2020-2028) ($MN)
37 North America Milk Mineral Concentrate Market Outlook, By Functional Food (2020-2028) ($MN)
38 North America Milk Mineral Concentrate Market Outlook, By Sports Nutrition (2020-2028) ($MN)
39 North America Milk Mineral Concentrate Market Outlook, By Beverages (2020-2028) ($MN)
40 North America Milk Mineral Concentrate Market Outlook, By Other Applications (2020-2028) ($MN)
41 Europe Milk Mineral Concentrate Market Outlook, By Country (2020-2028) ($MN)
42 Europe Milk Mineral Concentrate Market Outlook, By Source (2020-2028) ($MN)
43 Europe Milk Mineral Concentrate Market Outlook, By Buffalo Milk (2020-2028) ($MN)
44 Europe Milk Mineral Concentrate Market Outlook, By Goat Milk (2020-2028) ($MN)
45 Europe Milk Mineral Concentrate Market Outlook, By Cow Milk (2020-2028) ($MN)
46 Europe Milk Mineral Concentrate Market Outlook, By Other Sources (2020-2028) ($MN)
47 Europe Milk Mineral Concentrate Market Outlook, By Calcium Content (2020-2028) ($MN)
48 Europe Milk Mineral Concentrate Market Outlook, By Less than 20% (2020-2028) ($MN)
49 Europe Milk Mineral Concentrate Market Outlook, By 20% to 25% (2020-2028) ($MN)
50 Europe Milk Mineral Concentrate Market Outlook, By 26% to 30% (2020-2028) ($MN)
51 Europe Milk Mineral Concentrate Market Outlook, By Granularity (2020-2028) ($MN)
52 Europe Milk Mineral Concentrate Market Outlook, By Micronized Powder (<10 microns) (2020-2028) ($MN)
53 Europe Milk Mineral Concentrate Market Outlook, By Standard Powder (>10 microns) (2020-2028) ($MN)
54 Europe Milk Mineral Concentrate Market Outlook, By Application (2020-2028) ($MN)
55 Europe Milk Mineral Concentrate Market Outlook, By Dietary Supplements (2020-2028) ($MN)
56 Europe Milk Mineral Concentrate Market Outlook, By Infant Formula (2020-2028) ($MN)
57 Europe Milk Mineral Concentrate Market Outlook, By Functional Food (2020-2028) ($MN)
58 Europe Milk Mineral Concentrate Market Outlook, By Sports Nutrition (2020-2028) ($MN)
59 Europe Milk Mineral Concentrate Market Outlook, By Beverages (2020-2028) ($MN)
60 Europe Milk Mineral Concentrate Market Outlook, By Other Applications (2020-2028) ($MN)
61 Asia Pacific Milk Mineral Concentrate Market Outlook, By Country (2020-2028) ($MN)
62 Asia Pacific Milk Mineral Concentrate Market Outlook, By Source (2020-2028) ($MN)
63 Asia Pacific Milk Mineral Concentrate Market Outlook, By Buffalo Milk (2020-2028) ($MN)
64 Asia Pacific Milk Mineral Concentrate Market Outlook, By Goat Milk (2020-2028) ($MN)
65 Asia Pacific Milk Mineral Concentrate Market Outlook, By Cow Milk (2020-2028) ($MN)
66 Asia Pacific Milk Mineral Concentrate Market Outlook, By Other Sources (2020-2028) ($MN)
67 Asia Pacific Milk Mineral Concentrate Market Outlook, By Calcium Content (2020-2028) ($MN)
68 Asia Pacific Milk Mineral Concentrate Market Outlook, By Less than 20% (2020-2028) ($MN)
69 Asia Pacific Milk Mineral Concentrate Market Outlook, By 20% to 25% (2020-2028) ($MN)
70 Asia Pacific Milk Mineral Concentrate Market Outlook, By 26% to 30% (2020-2028) ($MN)
71 Asia Pacific Milk Mineral Concentrate Market Outlook, By Granularity (2020-2028) ($MN)
72 Asia Pacific Milk Mineral Concentrate Market Outlook, By Micronized Powder (<10 microns) (2020-2028) ($MN)
73 Asia Pacific Milk Mineral Concentrate Market Outlook, By Standard Powder (>10 microns) (2020-2028) ($MN)
74 Asia Pacific Milk Mineral Concentrate Market Outlook, By Application (2020-2028) ($MN)
75 Asia Pacific Milk Mineral Concentrate Market Outlook, By Dietary Supplements (2020-2028) ($MN)
76 Asia Pacific Milk Mineral Concentrate Market Outlook, By Infant Formula (2020-2028) ($MN)
77 Asia Pacific Milk Mineral Concentrate Market Outlook, By Functional Food (2020-2028) ($MN)
78 Asia Pacific Milk Mineral Concentrate Market Outlook, By Sports Nutrition (2020-2028) ($MN)
79 Asia Pacific Milk Mineral Concentrate Market Outlook, By Beverages (2020-2028) ($MN)
80 Asia Pacific Milk Mineral Concentrate Market Outlook, By Other Applications (2020-2028) ($MN)
81 South America Milk Mineral Concentrate Market Outlook, By Country (2020-2028) ($MN)
82 South America Milk Mineral Concentrate Market Outlook, By Source (2020-2028) ($MN)
83 South America Milk Mineral Concentrate Market Outlook, By Buffalo Milk (2020-2028) ($MN)
84 South America Milk Mineral Concentrate Market Outlook, By Goat Milk (2020-2028) ($MN)
85 South America Milk Mineral Concentrate Market Outlook, By Cow Milk (2020-2028) ($MN)
86 South America Milk Mineral Concentrate Market Outlook, By Other Sources (2020-2028) ($MN)
87 South America Milk Mineral Concentrate Market Outlook, By Calcium Content (2020-2028) ($MN)
88 South America Milk Mineral Concentrate Market Outlook, By Less than 20% (2020-2028) ($MN)
89 South America Milk Mineral Concentrate Market Outlook, By 20% to 25% (2020-2028) ($MN)
90 South America Milk Mineral Concentrate Market Outlook, By 26% to 30% (2020-2028) ($MN)
91 South America Milk Mineral Concentrate Market Outlook, By Granularity (2020-2028) ($MN)
92 South America Milk Mineral Concentrate Market Outlook, By Micronized Powder (<10 microns) (2020-2028) ($MN)
93 South America Milk Mineral Concentrate Market Outlook, By Standard Powder (>10 microns) (2020-2028) ($MN)
94 South America Milk Mineral Concentrate Market Outlook, By Application (2020-2028) ($MN)
95 South America Milk Mineral Concentrate Market Outlook, By Dietary Supplements (2020-2028) ($MN)
96 South America Milk Mineral Concentrate Market Outlook, By Infant Formula (2020-2028) ($MN)
97 South America Milk Mineral Concentrate Market Outlook, By Functional Food (2020-2028) ($MN)
98 South America Milk Mineral Concentrate Market Outlook, By Sports Nutrition (2020-2028) ($MN)
99 South America Milk Mineral Concentrate Market Outlook, By Beverages (2020-2028) ($MN)
100 South America Milk Mineral Concentrate Market Outlook, By Other Applications (2020-2028) ($MN)
101 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Country (2020-2028) ($MN)
102 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Source (2020-2028) ($MN)
103 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Buffalo Milk (2020-2028) ($MN)
104 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Goat Milk (2020-2028) ($MN)
105 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Cow Milk (2020-2028) ($MN)
106 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Other Sources (2020-2028) ($MN)
107 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Calcium Content (2020-2028) ($MN)
108 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Less than 20% (2020-2028) ($MN)
109 Middle East & Africa Milk Mineral Concentrate Market Outlook, By 20% to 25% (2020-2028) ($MN)
110 Middle East & Africa Milk Mineral Concentrate Market Outlook, By 26% to 30% (2020-2028) ($MN)
111 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Granularity (2020-2028) ($MN)
112 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Micronized Powder (<10 microns) (2020-2028) ($MN)
113 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Standard Powder (>10 microns) (2020-2028) ($MN)
114 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Application (2020-2028) ($MN)
115 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Dietary Supplements (2020-2028) ($MN)
116 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Infant Formula (2020-2028) ($MN)
117 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Functional Food (2020-2028) ($MN)
118 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Sports Nutrition (2020-2028) ($MN)
119 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Beverages (2020-2028) ($MN)
120 Middle East & Africa Milk Mineral Concentrate Market Outlook, By Other Applications (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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