MFGM Ingredients Market Is Anticipated To Reach US$ 234.4 Million By 2032
Rapid Adoption of MFGM Ingredients As a Gap Filler for Breast Milk Nutrition Deficiency Is Expected To Boost Market Growth
ROCKVILLE, MD, UNITED STATES, October 26, 2023 /EINPresswire.com/ -- The United States MFGM ingredients market is projected to attain a valuation of $68 million by the year 2032. Annually, over 75% of Americans incorporate nutritional supplements into their daily routines, significantly contributing to their overall well-being and health. This demographic largely comprises infants and the elderly, for whom supplements are advised to support cognitive growth, prevent infections, and enhance intestinal barrier health.In 2022, the worldwide MFGM ingredients market size was assessed at a total worth of US$ 96.1 million. Projections indicate a significant growth trajectory, with an impressive compound annual growth rate (CAGR) of 9.3%, ultimately reaching US$ 234.4 million by the conclusion of 2032.
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Forecasts suggest that Europe is poised to take the lead in the global MFGM ingredients market, capturing a substantial 30.3% market share by the conclusion of 2032.
The Nutritional Significance and Growing Demand of MFGM Ingredients in the Food and Beverage Market
The Mammary Gland Fat Globule Membrane (MFGM) is a crucial membrane enveloping milk fat globules, known for its exceptional nutritional value. Comprised of fat droplets rich in bioactive components, MFGM has gained a strong foothold in the food and beverage industry, thanks to the multitude of health benefits it offers to both infants and adults, surpassing other supplements.
The integration of MFGM ingredients into infant formulations is poised to drive a surge in demand within the industry. From 2017 to 2021, end-user consumption of MFGM ingredients experienced a noteworthy compound annual growth rate of 6.3%.
Expectant mothers are increasingly becoming aware of the advantages of MFGM for infants. The easy accessibility of information on the Internet is expected to further amplify this awareness in the years to come.
Key Companies Profiled
- Aarla Food Ingredients
- ZMP (Fonterra)
- Enfogrow A+
- Friesland Campina Ingredients
Growing Elderly Population and Health Benefits Drive Global Milk Fat Globule Membrane Ingredients Market
The increase in the elderly population suffering from decreased muscle strength and agility is a significant factor contributing to the development of products containing Milk Fat Globule Membrane (MFGM) ingredients, which, in turn, positively impacts market growth.
According to Fact.MR, a leading market research and competitive intelligence provider, the global market for MFGM ingredients is expected to reach a valuation of US$ 234.4 million by the end of 2032.
- Short-Term Outlook (2022 Q2 to 2025): MFGM ingredients offer a multitude of health benefits to end-users, including improved gut health, enhanced immune system, and increased muscle strength. These advantages are poised to foster market growth in the short term.
- Medium-Term Outlook (2025-2028): The rising awareness of the health benefits associated with MFGM consumption among the general population is anticipated to be a driving force in the early forecast years.
- Long-Term Outlook (2028-2032): The utilization of MFGM in infant formulations and adult supplements is projected to witness a significant upsurge, driving demand in the long term. Moreover, investments in research and development by key industry players aimed at developing more efficient MFGM ingredients will have a positive impact on market expansion.
Fact.MR predicts a substantial growth rate of 9.3% CAGR between 2022 and 2032 in the MFGM ingredients market.
The Positive Impact of MFGM Ingredient Consumption on Health
MFGM, or Milk Fat Globule Membrane, is a milk constituent comprising phospholipids and proteins known for its diverse range of nutritional and health advantages. Research suggests that MFGM can have a beneficial influence on various aspects of health.
For infants, MFGM appears to support brain development, maintain intestinal integrity, promote a healthy gut microbiota, and enhance the immune system's resistance to infectious diseases. In addition, MFGM supplements have demonstrated promising effects on the well-being of the elderly by improving muscle strength, agility, skin conditions, and assisting in the management of hypercholesterolemia, obesity, and inflammation.
These health benefits underscore the potential of MFGM to address various health concerns. In summary, these advantages are not only contributing to the growth of the milk fat globule membrane ingredients industry but also opening up lucrative opportunities for additional revenue generation.
The Sales of MFGM Ingredients Set to Soar Thanks to the Expanding Geriatric Demographic
The United Nations (UN) forecasts a significant surge in the global geriatric population in the coming years, with their numbers expected to more than double, reaching a staggering 1.52 billion individuals by the year 2050. Currently, around 8.45% of the global population is aged 65 and older, but this proportion is projected to grow to nearly 16% by 2050.
As the elderly face various health challenges and chronic conditions due to the natural aging process and increased use of supplements, scientific studies have shown that regular exercise and the consumption of MFGM (Milk Fat Globule Membrane) can enhance physical performance in this demographic.
Therefore, the increasing geriatric population is directly linked to the heightened demand for MFGM supplements, thereby ensuring a continued upward trajectory in the sales of MFGM ingredients.
Expensive MFGM Ingredients Hampering Market Growth
Recent technological advancements and the growing awareness of the benefits of MFGM for infant nutrition in pregnant women and mothers have prompted key manufacturers to incorporate MFGM in their products.
However, the utilization of costly machinery and the procurement of raw materials drive up production costs. Additionally, the intricacies of extracting milk fat globule membranes from source materials, coupled with investments in research and development for new product creation, further inflate manufacturing expenses.
These cost-related factors directly impact the end product's price, rendering it unaffordable for many potential consumers. Consequently, this serves as a hindrance to the expansion of the MFGM ingredients market.
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Competitive Landscape
Leading manufacturers in the MFGM (Milk Fat Globule Membrane) sector include Aarla Food Ingredients, NZMP (Fonterra), Enfogrow A+, and Friesland Campina Ingredients.
These prominent MFGM ingredient manufacturers are actively adopting sustainable technologies and enhancing their systems to cater to a wide range of end users. They are also focused on the development of innovative products tailored to meet the specific needs of different consumer groups, including the elderly and infants, addressing concerns such as cognitive health and immune development.
Pioneering companies in this field are committed to customer-centric product innovation, aiming to establish a strong brand presence in the MFGM ingredients market.
- In September 2021, Arla Foods Ingredients introduced a new product called Lacprodan Premium MFGM-10. This product, available in a dry blend form, ensures consistent quality and product safety.
A recent report by Fact.MR offers comprehensive insights into the pricing strategies of major MFGM ingredient manufacturers in different regions, their sales growth, production capacities, and potential technological advancements.
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