According to the latest research report by Sheep Milk Market was valued at US$ 1,016.95 million in 2019 and is projected to reach US$ 1,203.32 million by 2027; it is expected to grow at a CAGR of 2.3% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
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Ease of Use in Wide Range of Food Applications to Accelerate Sheep Milk Market Growth
Wheat starch is obtained by wet milling of wheat flour, most preferably the softer grade wheat. This starch, in both native and modified forms, has tremendous applications in the food & beverages, cosmetics, paper mill, and textile industries. The extraction process of wheat starch depends on the original plant or the root in use. The starch from soft wheat contains huge quantities of proteins and surface lipids. The starch obtained from hard cultivars possesses high proportion of small granules and amylase, and it exhibits lower enthalpy and gelatinization temperature.
In some food products, the modified wheat starch imparts improved emulsifying capabilities. Additionally, it is used in sweets like Turkish delight. Additionally, it works well to increase the retention of beer’s head. Additionally, it’s employed in the creation of meat rolls and sausages. Pasta contains a significant amount of wheat starch, which accounts for around 70% of its weight. . Maltodextrin, dextrose, glucose syrup, and other sweeteners frequently contain wheat starch as an ingredient. In sauces and puddings, it serves as a stabilizer.
Impact of COVID-19 Pandemic on Sheep Milk Market
During the projection period, the market expansion will be driven by the increased demand for vital food goods. The early phase of the COVID-19 pandemic has had a minor effect on sheep milk sales. However, the market is expanding during the second COVID-19 wave, and after the pandemic, it is anticipated to rise significantly during the next years.
The market for Sheep Milk is concentrated with some very well-established players. Some of the key players in the Sheep Milk Market include
- Cargill Incorporated
- Roquette Freres
- Manildra Group
- MGP Ingredients
- The Archer-Daniels-Midland Company
- Agrana Group
- Tereos SA
- Crespel and Deiters
- New Zealand Starch Company
- Sacchetto S.p.A
Sheep Milk Market is Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
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