Non-fat Milk: Market outlook
Non-fat milk or Skim milk is a dairy product having very low percentage of fat and high nutritional factors which attract the consumers who are conscious about their diet intake or conscious about their health.
Skim milk provides all the nutrients like vitamin D, vitamin A, protein, calcium same as whole milk, so it helps to develop the protection of teeth, bone and muscles. Non-fat milk provides high potassium to the body, it helps to operate muscle and nerve function easily.
Skim milk helps to overcome the problems from intake of excess milk fat like hypertension, colorectal and breast cancer, overweight, gastrointestinal discomfort, and many other food allergies. Increasing awareness about fitness, health benefits of non-fat milk, and technological improvement in the dairy field elevate the demand for non-fat milk in the forecast period
Lack of awareness and misconception about non-fat milk and hesitation in shifting from traditional milk consumption to skim milk might be restraining the growth of the global non-fat milk market.
Evolving lifestyle of the global consumers accelerate the global non-fat milk market:
Consumers across the world are becoming very conscious about health and fitness. World population focusing on balancing diet practices and tracking their fat intake, non-fat milk helps to fill the customers demand towards new diet practices. Non-fat milk contains less than 0.5% fat with high calcium, protein and vitamins, it helps to reduce the excess fat intake by consuming whole milk.
Non-fat milk contains very low cholesterol and high protein helps to overcome the several heart diseases like heart attack, heart stock and high blood pressure. High protein content of non-fat milk helps to repair and build the muscle.
Skim milk contains high calcium and low calorie which supports to develop strong muscle and overcome the excess fat in the body. Hence demand for skim milk for balanced diet practices escalates the growth of market in the foreseeable future
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Non-fat Milk Market: Key Players
Key players operating their business in the global non-fat milk market are:
- Mountain Dairy (USA)
- AMUL (Gujarat Co-operative milk marketing federation.)
- Nestle (Switzerland)
- Arla Foods Amba (Denmark)
- Bunge Limited (India)
Non-fat Milk: Regional Analysis
North America hold the dominating share in the non-fat milk market. Major global manufacturers are concentrating on developing new products in regional market based on regional preferences to strengthen the market hold in the forecast period.
Asia Pacific, led by India, China and Japan shows significant growth rate. Due to emerging lifestyle and developing awareness about healthy food diet practices anticipate market growth across the region
Europe, led by Germany, Italy, France and UK expected to grow at moderate in the forecast period 2020 to 2030. The non-fat milk market report offers a comprehensive evaluation of the market.
It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the non-fat milk market, including but not limited to: regional markets, nature, and end use.
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The study is a source of reliable data on:
- Non-fat milk segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The non-fat milk market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the non-fat milk market report projects the attractiveness of each major segment over the forecast period.
An Adaptive Approach to Modern-day Research Needs
Highlights of the Non-fat Milk market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the non-fat milk market
- Recommendations to companies for strengthening their foothold in the non-fat milk market
Non-fat Milk: Market Segmentation
On the basis of the product type, global non-fat milk market can be segmented as:
- Concentrated skim milk
- Non-fat dry milk
- Organic skim milk
- Reconstituted skim milk
- Regular skim milk
On the basis of the packaging, global non-fat milk market can be segmented as:
- Tetra pack
- Metallic containers
On the basis of the distribution channel, global non-fat milk market can be segmented as:
- Super market \ Hypermarket
- Convenience Stores
- Specialty Stores
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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