Global Anhydrous Milk Fat Market Growth 2023-2029

Global Anhydrous Milk Fat Market Growth 2023-2029

Anhydrous milk fat, also known as anhydrous butteroil, ghee, and butteroil, is a product derived from cream or butter which involves almost total removal of water and non-fat solids thus making the fat content in anhydrous milk fat more than 99% of the total volume. Though anhydrous milk fat is a modern industrial product, but it has its roots established in the ancient traditional culture of India and Arab countries where Ghee, a dairy product with more protein and more characteristic flavor than anhydrous milk fat is consumed from centuries.

LPI (LP Information)' newest research report, the “Anhydrous Milk Fat Industry Forecast” looks at past sales and reviews total world Anhydrous Milk Fat sales in 2022, providing a comprehensive analysis by region and market sector of projected Anhydrous Milk Fat sales for 2023 through 2029. With Anhydrous Milk Fat sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anhydrous Milk Fat industry.

This Insight Report provides a comprehensive analysis of the global Anhydrous Milk Fat landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anhydrous Milk Fat portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Anhydrous Milk Fat market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anhydrous Milk Fat and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anhydrous Milk Fat.

The global Anhydrous Milk Fat market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Demand for AMF is increasing as an ingredient due to its high stability and longer shelf life. Anhydrous milk fat can be stored for several months at low temperature while at the same temperature butter turns putrid after some time and requires at least –25°C temperature for storage. Unlike butter, AMF can be transported without refrigeration which increases its functionality and ease of use which is anticipated to drive the growth of anhydrous milk fat in developing regions, especially Asia-Pacific where there is lack of infrastructure over the supply chain and lack of proper storage facilities, which limits refrigerated products to major urban conglomeration. AMF finds its use as an ingredient in various products such as caramels, toffees, chocolate and imitation chocolate, fudges, flavors, recombined UHT milk, evaporated milk, ice cream, cheese and yogurt, soups & sauces, dairy spreads etc. as it is easy to mix and meter into other products which is expected to drive the growth of anhydrous milk fat over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Anhydrous Milk Fat market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Organic Anhydrous Milk Fat
Conventional Anhydrous Milk Fat

Segmentation by application
Bakery
Flavours
Dairy Products
Soups & Sauces
Dairy Spreads
Ice Cream
Processed Cheese
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arla Foods Ingredients
FrieslandCampina
Uelzena Ingredients
Fonterra Co-operative Group Limited
Murray Goulburn
Flechard
Dairy Crest Group
Groupe Lactalis
Land O'Lakes
Glanbia ingredients
Royal VIN Buisman
Flanders Milk
Marsh's Dairy Products
Meadow Foods
The Tatua Co-operative Dairy Company

Key Questions Addressed in this Report

What is the 10-year outlook for the global Anhydrous Milk Fat market?

What factors are driving Anhydrous Milk Fat market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Anhydrous Milk Fat market opportunities vary by end market size?

How does Anhydrous Milk Fat break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.