Powdered Fats Market Poised to Surpass USD $3.17 Billion By 2030
The global powdered fats market size is projected to reach USD 3.17 billion by 2030 and is anticipated to grow at a CAGR of 4.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of this market can be attributed to the growing popularity of low-carb diets among health conscious consumers and the resultant need for fats derived from novel sources such as palm, coconut, and sunflower. In low-carb, high-fat diets, people often use powdered fats to add healthy fats to their meals or beverages. One of the popular sources of powdered fats in these diets is Medium-Chain Triglycerides (MCT) oil powder. With a rising emphasis on health and nutrition, consumers are seeking products that align with specific dietary preferences and lifestyles. The demand for keto-friendly products has driven the market for powdered fats, especially those high in omega 3, 6, and 9. The market for vegan products is expanding rapidly as more consumers adopt pl...