The global powdered fats market size is expected to reach USD 3.43 billion by 2032, according to a new study by Polaris Market Research. The report “Powdered Fats Market Share, Size, Trends, Industry Analysis Report, By Source, By Processing Technology (Spray Drying, Drum Drying, Freeze Drying, Others), By Application, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The expansion of this market is driven by the increasing adoption of low-carb diets among health-conscious consumers and the consequent demand for fats sourced from unique origins like palm, coconut, and sunflower. In low-carb, high-fat diets, individuals frequently turn to powdered fats to incorporate healthy fats into their meals or beverages. A prominent source of powdered fats in these diets is Medium-Chain Triglycerides (MCT) oil powder.
The growing focus on health and nutrition has led consumers to actively seek products that align with their specific dietary preferences and lifestyles. The increasing demand for keto-friendly products has significantly influenced the market for powdered fats, particularly those rich in omega 3, 6, and 9 fatty acids. Simultaneously, the market for vegan products is experiencing rapid expansion as more consumers adopt plant-based diets for ethical, health, and environmental reasons.
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Strategic shift is aimed at meeting the escalating demand for vegan and healthier sources of powdered fats. The inclusion of omega 3, 6, and 9 fatty acids in powdered fats aligns with the health-conscious preferences of consumers, especially those following ketogenic diets, contributing to the overall growth and diversification of the powdered fats market. Additionally, the expansion of the vegan product segment reflects a broader shift in consumer preferences towards sustainable and plant-based options, prompting companies to innovate and offer a more diverse and health-oriented range of powdered fats.
Advancements in manufacturing technologies have facilitated the adoption of encapsulation techniques in the production of powdered fats. This innovation plays a crucial role in limiting the oxidation of fat powders, consequently extending their shelf life. As outlined in a 2023 article titled 'Edible oil to powder technologies: Concepts and advances' on ScienceDirect, the benefits of micro-encapsulated & nano-emulsion-based fats derived from the edible oil are emphasized for their ability to retard the oxidation process. Research indicates that nano-encapsulated powder effectively preserves the quality of oil during storage, exerting a significant impact on maintaining its overall quality.
Powdered Fats Market Report Highlights
Polaris Market Research has segmented the powdered fats market report based on source, processing technology, application and region:
Powdered Fats, Source Outlook (Revenue - USD Billion, 2019 - 2032)
Powdered Fats, Processing Technology Outlook (Revenue - USD Billion, 2019 - 2032)
Powdered Fats, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Powdered Fats, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 2.43 billion |
Revenue forecast in 2032 |
USD 3.43 billion |
CAGR |
4.4% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
By Source, By Processing Technology, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |