Low-fat Dairy Beverages

Global Low-fat Dairy Beverages Market to Reach US$24.4 Billion by 2030

The global market for Low-fat Dairy Beverages estimated at US$21.1 Billion in the year 2024, is expected to reach US$24.4 Billion by 2030, growing at a CAGR of 2.5% over the analysis period 2024-2030. Low-Fat Milk, one of the segments analyzed in the report, is expected to record a 3.0% CAGR and reach US$15.4 Billion by the end of the analysis period. Growth in the Low-Fat Yogurt Drink segment is estimated at 1.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$5.7 Billion While China is Forecast to Grow at 4.6% CAGR

The Low-fat Dairy Beverages market in the U.S. is estimated at US$5.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 4.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.2% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.

Low-fat Dairy Beverages- Key Trends and Drivers

Low-fat dairy beverages are milk and milk-based drinks that have had most of the fat content removed to create a healthier, lower-calorie alternative to whole milk products. These beverages include skim milk, 1% or 2% fat milk, and other dairy-based drinks such as low-fat yogurt drinks, kefir, and flavored milks. Low-fat dairy beverages maintain most of the essential nutrients found in full-fat dairy, such as calcium, protein, and vitamins, making them a popular choice for health-conscious consumers seeking to reduce their fat intake without sacrificing nutritional benefits.

In recent years, the market for low-fat dairy beverages has expanded significantly, driven by an increasing awareness of the health risks associated with high-fat diets, such as obesity, cardiovascular disease, and diabetes. Consumers are increasingly opting for low-fat alternatives as part of a broader trend towards healthier eating habits. Manufacturers have responded to this demand by innovating and expanding their product lines, offering a variety of flavors and fortified options to appeal to diverse consumer preferences. Additionally, advancements in processing technologies have improved the taste and texture of low-fat dairy beverages, making them more palatable and comparable to their full-fat counterparts.

The growth in the low-fat dairy beverages market is driven by several factors. A major driver is the rising health consciousness among consumers, who are actively seeking products that support weight management and overall wellness. The increasing prevalence of lifestyle diseases has prompted a shift towards preventive healthcare, where diet plays a crucial role. Technological advancements in dairy processing, such as ultra-filtration and high-pressure processing, have enhanced the quality and shelf-life of low-fat dairy products, making them more appealing to consumers. Additionally, the growing popularity of functional foods, which provide additional health benefits beyond basic nutrition, has led to the development of fortified low-fat dairy beverages enriched with probiotics, vitamins, and minerals. The trend towards sustainable and ethical consumption has also influenced the market, with consumers favoring brands that adopt environmentally friendly practices and source their ingredients responsibly. Lastly, the expansion of retail channels, including e-commerce, has made low-fat dairy beverages more accessible to a wider audience, further driving market growth.

SCOPE OF STUDY:

The report analyzes the Low-fat Dairy Beverages market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Low-Fat Milk, Low-Fat Yogurt Drink, Other Low-Fat Dairy Beverages); Flavor Type (Flavored Type, Unflavored Type); Distribution Channel (Supermarkets / Hypermarkets, Convenience Stores, Online Distribution Channel, Other Distribution Channels)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 36 Featured) -

• American Dairy Association North East.
• Ananda Dairy Ltd.
• Arla Foods amba
• Borden Dairy
• CHOBANI LLC
• Dairy Farmers of America, Inc.
• Danone
• Darigold, Inc.
• HP Hood LLC
• Maola Local Dairies
• Megmilk Snow Brand Co., Ltd.
• Meyenberg
• Nestle Middle East FZE
• Organic Valley
• Prairie Farms Dairy
• The Coca-Cola Company

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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