Global Low-Fat Milk Market, By Product (Sweet, Unsweetened), By Distribution Channel (Online Channels, Offline Channels), By Application (Dairy, Milk & Others), By End Use (Dessert, Bakery, Patisserie, Beverages), By Type (2 % Milk, 1% Milk, Skim Milk) by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Global Low-Fat Milk Market
Global Low-Fat Milk Market is expected to reach USD 3.46 million by 2022, which will reach USD 5.49 million in 2030, registering a CAGR of 5.94% during the forecast period 2023-2030.
Low-fat milk is also called fat-free milk or skimmed milk. It contains less than 1.5 t unless otherwise stated. It has the same health benefits and contains the same nutrients as whole milk. It contains a lot of calcium and is slightly thinner and less rich in flavor than whole milk. It offers various health benefits like proteins and vitamins and also helps in treating problems related to diabetes and obesity. All these factors lead to market growth.
Market Drivers
The growing trend of an active lifestyle as a result of increased health awareness. The main factor driving the low-fat milk market is the growing health consciousness of people across the globe. Increased consumption of low-fat milk due to its improved nutritional values such as protein, calcium vitamins and minerals is driving the growth of the low-fat milk market. Moreover, the preference for its rich and enhanced taste is driving the growth of the market, especially in the post-pandemic era. All these factors will further contribute to the growth of the market. Severity of diseases such as diabetes and obesity across the world are driving the growth of the market.
Market Restraints
Lack of awareness. The ignorance of people in developing economies about the health and nutritional value of low-fat milk and problems related to processing methods will significantly limit the growth of the low-fat milk market during the forecast period. Moreover, deterioration of taste, texture and flavour during fat separation and recall of products will further hinder the market growth during the forecast period. This skimmed milk market report includes information on new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and local market players, analyses of opportunities to create new revenue pockets, and changes in market regulations. , strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, geographic expansions, and technological innovations in the market.
Market Opportunities
Growth in consumer health awareness. Increased consumer health awareness and smart food choices due to increasing obesity and diabetes will drive low-fat milk and related beverages during the forecast period. Low-fat milk is fortified and a rich source of calcium and vitamin B12, and their consumption can protect people from heart attacks and diseases, which can further help lower blood pressure and strengthen bones. Vitamin A and vitamin D are often added to low-fat milk to promote normal vision and healthy bones, respectively. All these factors have created significant profit opportunities for the low-fat milk market.
Impact of COVID-19
Due to government restrictions during the pandemic, almost every end-user industry has been severely affected by Covid-19. During the pandemic, the supply chain and manufacturing facilities were hit hard by the pandemic, although this varied by industry. However, the food and beverage industry experienced tremendous growth during the pandemic and post-pandemic era due to high consumer supply and production demand. Thus, the low-fat milk market recovered, as supply needs increased worldwide consumption for various health benefits and other needs such as nutritional value and other needs. Therefore, the market is expected to grow in the post-pandemic period as the population is concerned about the health and nutritional benefits of low-fat dairy products.
Market Segmentation
Global Low-Fat Milk Market is segmented on the basis of By Product, By Distribution Channel, By Application, By End Use, By Type.
Based on the By Product market is segmented into Sweet, Unsweetened. Further market is segmented into By Distribution Channel market is segmented into Online Channels, Offline Channels. By Application market is segmented into Dairy, Milk & Others. By End Use market is segmented into Dessert, Bakery, Patisserie, Beverages. By Type market is segmented into 2 % Milk, 1% Milk, Skim Milk
Regional Analysis
Global Low-Fat Milk Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Europe dominates the low-fat milk market due to increasing health problems and increasing diabetes and obesity in the region. Asia Pacific will grow during the forecast period 2023-2030 due to the growth of large dairy farms and adoption of healthier lifestyles in the region.
Key Players.
Various key players are listed in this report such as GCMMF, American Dairy Association North East, Danone, Fonterra Co-operative Group Limited, MEGMILK SNOW BRAND Co., Ltd, Arla Foods amba, Nestlé, Organic Valley, The Coca-Cola Company.
Market Taxonomy
By Product
- Sweet
- Unsweetened
- Online Channels
- Offline Channels
- Dairy
- Milk & Others
- Dessert
- Bakery
- Patisserie
- Beverages
- 2 % Milk
- 1% Milk
- Skim Milk
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- What are the Key Opportunities in Global Low-Fat Milk Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Low-Fat Milk Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing Economic Downturn
- 4.2.6 Post Covid-19 World Supply and Demand Conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Low-Fat Milk Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Low-Fat Milk Market Share Analysis, By Product
- 5.3 Global Low-Fat Milk Market Size and Forecast, By Product
- 5.3.1 Sweet
- 5.3.2 Unsweetened
- 6 Global Low-Fat Milk Market, By Distribution Channel
- 6.1 Y-o-Y Growth Comparison, By Distribution Channel
- 6.2 Global Low-Fat Milk Market Share Analysis, By Distribution Channel
- 6.3 Global Low-Fat Milk Market Size and Forecast, By Distribution Channel
- 6.3.1 Online Channels
- 6.3.2 Offline Channels
- 7 Global Low-Fat Milk Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Low-Fat Milk Market Share Analysis, By Application
- 7.3 Global Low-Fat Milk Market Size and Forecast, By Application
- 7.3.1 Dairy
- 7.3.2 Milk & Others
- 8 Global Low-Fat Milk Market, By End Use
- 8.1 Y-o-Y Growth Comparison, By End Use
- 8.2 Global Low-Fat Milk Market Share Analysis, By End Use
- 8.3 Global Low-Fat Milk Market Size and Forecast, By End Use
- 8.3.1 Dessert
- 8.3.2 Bakery
- 8.3.3 Patisserie
- 8.3.4 Beverages
- 9 Global Low-Fat Milk Market, By Type
- 9.1 Y-o-Y Growth Comparison, By Type
- 9.2 Global Low-Fat Milk Market Share Analysis, By Type
- 9.3 Global Low-Fat Milk Market Size and Forecast, By Type
- 9.3.1 2 % Milk
- 9.3.2 1% Milk
- 9.3.3 Skim Milk
- 10 Global Low-Fat Milk Market, By Region
- 10.1 Global Low-Fat Milk Market Share Analysis, By Region
- 10.2 Global Low-Fat Milk Market Share Analysis, By Region
- 10.3 Global Low-Fat Milk Market Size and Forecast, By Region
- 11 North America Low-Fat Milk Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 North America Low-Fat Milk Market Share Analysis, By Product
- 11.3 North America Low-Fat Milk Market Size and Forecast, By Distribution Channel
- 11.4 North America Low-Fat Milk Market Size and Forecast, By Application
- 11.5 North America Low-Fat Milk Market Size and Forecast, By End Use
- 11.6 North America Low-Fat Milk Market Size and Forecast, By Type
- 11.7 North America Low-Fat Milk Market Size and Forecast, By Country
- 11.7.1 U.S.
- 11.7.1.1 Market Size and Forecast, By Product
- 11.1.1.2 Market Size and Forecast, By Distribution Channel
- 11.7.1.3 Market Size and Forecast, By Application
- 11.7.1.4 Market Size and Forecast, By End Use
- 11.7.1.5 Market Size and Forecast, By Type
- 11.7.2 Canada
- 11.7.2.1 Market Size and Forecast, By Product
- 11.1.2.2 Market Size and Forecast, By Distribution Channel
- 11.7.2.3 Market Size and Forecast, By Application
- 11.7.2.4 Market Size and Forecast, By End Use
- 11.7.2.5 Market Size and Forecast, By Type
- 11.7.3 Mexico
- 11.7.3.1 Market Size and Forecast, By Product
- 11.1.3.2 Market Size and Forecast, By Distribution Channel
- 11.7.3.3 Market Size and Forecast, By Application
- 11.7.3.4 Market Size and Forecast, By End Use
- 11.7.3.5 Market Size and Forecast, By Type
- 12 Europe Low-Fat Milk Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Europe Low-Fat Milk Market Share Analysis, By Product
- 12.3 Europe Low-Fat Milk Market Size and Forecast, By Distribution Channel
- 12.4 Europe Low-Fat Milk Market Size and Forecast, By Application
- 12.5 Europe Low-Fat Milk Market Size and Forecast, By End Use
- 12.6 Europe Low-Fat Milk Market Size and Forecast, By Type
- 12.7 Europe Low-Fat Milk Market Size and Forecast, By Country
- 12.7.1 Germany
- 12.7.1.1 Market Size and Forecast, By Product
- 12.7.1.2 Market Size and Forecast, By Distribution Channel
- 12.7.1.3 Market Size and Forecast, By Application
- 12.7.1.4 Market Size and Forecast, By End Use
- 12.7.1.5 Market Size and Forecast, By Type
- 12.7.2 France
- 12.7.2.1 Market Size and Forecast, By Product
- 12.7.2.2 Market Size and Forecast, By Distribution Channel
- 12.7.2.3 Market Size and Forecast, By Application
- 12.7.2.4 Market Size and Forecast, By End Use
- 12.7.2.5 Market Size and Forecast, By Type
- 12.7.3 UK
- 12.7.3.1 Market Size and Forecast, By Product
- 12.7.3.2 Market Size and Forecast, By Distribution Channel
- 12.7.3.3 Market Size and Forecast, By Application
- 12.7.3.4 Market Size and Forecast, By End Use
- 12.7.3.5 Market Size and Forecast, By Type
- 12.7.4 Russia
- 12.7.4.1 Market Size and Forecast, By Product
- 12.7.4.2 Market Size and Forecast, By Distribution Channel
- 12.7.4.3 Market Size and Forecast, By Application
- 12.7.4.4 Market Size and Forecast, By End Use
- 12.7.4.5 Market Size and Forecast, By Type
- 12.7.5 Italy
- 12.7.5.1 Market Size and Forecast, By Product
- 12.7.5.2 Market Size and Forecast, By Distribution Channel
- 12.7.5.3 Market Size and Forecast, By Application
- 12.7.5.4 Market Size and Forecast, By End Use
- 12.7.5.5 Market Size and Forecast, By Type
- 12.7.6 Spain
- 12.7.6.1 Market Size and Forecast, By Product
- 12.7.6.2 Market Size and Forecast, By Distribution Channel
- 12.7.6.3 Market Size and Forecast, By Application
- 12.7.6.4 Market Size and Forecast, By End Use
- 12.7.6.5 Market Size and Forecast, By Type
- 12.7.7 Rest of Europe
- 12.7.7.1 Market Size and Forecast, By Product
- 12.7.7.2 Market Size and Forecast, By Distribution Channel
- 12.7.7.3 Market Size and Forecast, By Application
- 12.7.7.4 Market Size and Forecast, By End Use
- 12.7.7.5 Market Size and Forecast, By Type
- 13 Asia Pacific Low-Fat Milk Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Asia Pacific Low-Fat Milk Market Share Analysis, By Product
- 13.3 Asia Pacific Low-Fat Milk Market Size and Forecast, By Distribution Channel
- 13.4 Asia Pacific Low-Fat Milk Market Size and Forecast, By Application
- 13.5 Asia Pacific Low-Fat Milk Market Size and Forecast, By End Use
- 13.6 Asia Pacific Low-Fat Milk Market Size and Forecast, By Type
- 13.7 Asia Pacific Low-Fat Milk Market Size and Forecast, By Country
- 13.7.1 China
- 13.7.1.1 Market Size and Forecast, By Product
- 13.7.1.2 Market Size and Forecast, By Distribution Channel
- 13.7.1.3 Market Size and Forecast, By Application
- 13.7.1.4 Market Size and Forecast, By End Use
- 13.7.1.5 Market Size and Forecast, By Type
- 13.7.2 Japan
- 13.7.2.1 Market Size and Forecast, By Product
- 13.7.2.2 Market Size and Forecast, By Distribution Channel
- 13.7.2.3 Market Size and Forecast, By Application
- 13.7.2.4 Market Size and Forecast, By End Use
- 13.7.2.5 Market Size and Forecast, By Type
- 13.7.3 India
- 13.7.3.1 Market Size and Forecast, By Product
- 13.7.3.2 Market Size and Forecast, By Distribution Channel
- 13.7.3.3 Market Size and Forecast, By Application
- 13.7.3.4 Market Size and Forecast, By End Use
- 13.7.3.5 Market Size and Forecast, By Type
- 13.7.4 South Korea
- 13.7.4.1 Market Size and Forecast, By Product
- 13.7.4.2 Market Size and Forecast, By Distribution Channel
- 13.7.4.3 Market Size and Forecast, By Application
- 13.7.4.4 Market Size and Forecast, By End Use
- 13.7.4.5 Market Size and Forecast, By Type
- 13.7.5 Australia
- 13.7.5.1 Market Size and Forecast, By Product
- 13.7.5.2 Market Size and Forecast, By Distribution Channel
- 13.7.5.3 Market Size and Forecast, By Application
- 13.7.5.4 Market Size and Forecast, By End Use
- 13.7.5.5 Market Size and Forecast, By Type
- 13.7.6 New Zealand
- 13.7.6.1 Market Size and Forecast, By Product
- 13.7.6.2 Market Size and Forecast, By Distribution Channel
- 13.7.6.3 Market Size and Forecast, By Application
- 13.7.6.4 Market Size and Forecast, By End Use
- 13.7.6.5 Market Size and Forecast, By Type
- 13.7.7 Singapore
- 13.7.7.1 Market Size and Forecast, By Product
- 13.7.7.2 Market Size and Forecast, By Distribution Channel
- 13.7.7.3 Market Size and Forecast, By Application
- 13.7.7.4 Market Size and Forecast, By End Use
- 13.7.7.5 Market Size and Forecast, By Type
- 13.7.8 Malaysia
- 13.7.8.1 Market Size and Forecast, By Product
- 13.7.8.2 Market Size and Forecast, By Distribution Channel
- 13.7.8.3 Market Size and Forecast, By Application
- 13.7.8.4 Market Size and Forecast, By End Use
- 13.7.8.5 Market Size and Forecast, By Type
- 13.7.9 Rest of Asia
- 13.7.9.1 Market Size and Forecast, By Product
- 13.7.9.2 Market Size and Forecast, By Distribution Channel
- 13.7.9.3 Market Size and Forecast, By Application
- 13.7.9.4 Market Size and Forecast, By End Use
- 13.7.9.5 Market Size and Forecast, By Type
- 14 Latin America Low-Fat Milk Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Latin America Low-Fat Milk Market Share Analysis, By Product
- 14.3 Latin America Low-Fat Milk Market Size and Forecast, By Distribution Channel
- 14.4 Latin America Low-Fat Milk Market Size and Forecast, By Application
- 14.5 Latin America Low-Fat Milk Market Size and Forecast, By End Use
- 14.6 Latin America Low-Fat Milk Market Size and Forecast, By Type
- 14.7 Latin America Low-Fat Milk Market Size and Forecast, By Country
- 14.7.1 Brazil
- 14.7.1.1 Market Size and Forecast, By Product
- 14.7.1.2 Market Size and Forecast, By Distribution Channel
- 14.7.1.3 Market Size and Forecast, By Application
- 14.7.1.4 Market Size and Forecast, By End Use
- 14.7.1.5 Market Size and Forecast, By Type
- 14.7.2 Argentina
- 14.7.2.1 Market Size and Forecast, By Product
- 14.7.2.2 Market Size and Forecast, By Distribution Channel
- 14.7.2.3 Market Size and Forecast, By Application
- 14.7.2.4 Market Size and Forecast, By End Use
- 14.7.2.5 Market Size and Forecast, By Type
- 14.7.3 Colombia
- 14.7.3.1 Market Size and Forecast, By Product
- 14.7.3.2 Market Size and Forecast, By Distribution Channel
- 14.7.3.3 Market Size and Forecast, By Application
- 14.7.3.4 Market Size and Forecast, By End Use
- 14.7.3.5 Market Size and Forecast, By Type
- 14.7.4 Peru
- 14.7.4.1 Market Size and Forecast, By Product
- 14.7.4.2 Market Size and Forecast, By Distribution Channel
- 14.7.4.3 Market Size and Forecast, By Application
- 14.7.4.4 Market Size and Forecast, By End Use
- 14.7.4.5 Market Size and Forecast, By Type
- 14.7.5 Chile
- 14.7.5.1 Market Size and Forecast, By Product
- 14.7.5.2 Market Size and Forecast, By Distribution Channel
- 14.7.5.3 Market Size and Forecast, By Application
- 14.7.5.4 Market Size and Forecast, By End Use
- 14.7.5.5 Market Size and Forecast, By Type
- 14.7.6 Venezuela
- 14.7.6.1 Market Size and Forecast, By Product
- 14.7.6.2 Market Size and Forecast, By Distribution Channel
- 14.7.6.3 Market Size and Forecast, By Application
- 14.7.6.4 Market Size and Forecast, By End Use
- 14.7.6.5 Market Size and Forecast, By Type
- 14.7.7 Rest of Latin America
- 14.7.7.1 Market Size and Forecast, By Product
- 14.7.7.2 Market Size and Forecast, By Distribution Channel
- 14.7.7.3 Market Size and Forecast, By Application
- 14.7.7.4 Market Size and Forecast, By End Use
- 14.7.7.5 Market Size and Forecast, By Type
- 15 Middle East Low-Fat Milk Market Analysis and Forecast (2023-2030)
- 15.1 Introduction
- 15.2 Middle East Low-Fat Milk Market Share Analysis, By Product
- 15.3 Middle East Low-Fat Milk Market Size and Forecast, By Distribution Channel
- 15.4 Middle East Low-Fat Milk Market Size and Forecast, By Application
- 15.5 Middle East Low-Fat Milk Market Size and Forecast, By End Use
- 15.6 Middle East Low-Fat Milk Market Size and Forecast, By Type
- 15.7 Middle East Low-Fat Milk Market Size and Forecast, By Country
- 15.7.1 Saudi Arabia
- 15.7.1.1 Market Size and Forecast, By Product
- 15.7.1.2 Market Size and Forecast, By Distribution Channel
- 15.7.1.3 Market Size and Forecast, By Application
- 15.7.1.4 Market Size and Forecast, By End Use
- 15.7.1.5 Market Size and Forecast, By Type
- 15.7.2 UAE
- 15.7.2.1 Market Size and Forecast, By Product
- 15.7.2.2 Market Size and Forecast, By Distribution Channel
- 15.7.2.3 Market Size and Forecast, By Application
- 15.7.2.4 Market Size and Forecast, By End Use
- 15.7.2.5 Market Size and Forecast, By Type
- 15.7.3 Egypt
- 15.7.3.1 Market Size and Forecast, By Product
- 15.7.3.2 Market Size and Forecast, By Distribution Channel
- 15.7.3.3 Market Size and Forecast, By Application
- 15.7.3.4 Market Size and Forecast, By End Use
- 15.7.3.5 Market Size and Forecast, By Type
- 15.7.4 Kuwait
- 15.7.4.1 Market Size and Forecast, By Product
- 15.7.4.2 Market Size and Forecast, By Distribution Channel
- 15.7.4.3 Market Size and Forecast, By Application
- 15.7.4.4 Market Size and Forecast, By End Use
- 15.7.4.5 Market Size and Forecast, By Type
- 15.7.5 South Africa
- 15.7.5.1 Market Size and Forecast, By Product
- 15.7.5.2 Market Size and Forecast, By Distribution Channel
- 15.7.5.3 Market Size and Forecast, By Application
- 15.7.5.4 Market Size and Forecast, By End Use
- 15.7.5.5 Market Size and Forecast, By Type
- 15.7.6 Rest of Middle East & Africa
- 15.7.6.1 Market Size and Forecast, By Product
- 15.7.6.2 Market Size and Forecast, By Distribution Channel
- 15.7.6.3 Market Size and Forecast, By Application
- 15.7.6.4 Market Size and Forecast, By End Use
- 15.7.6.5 Market Size and Forecast, By Type
- 16 Competitive Analysis
- 16.1 Competition Dashboard
- 16.2 Market share Analysis of Top Vendors
- 16.3 Key Development Strategies
- 17 Company Profiles
- 17.1 GCMMF
- 17.1.1 Overview
- 17.1.2 Offerings
- 17.1.3 Key Financials
- 17.1.4 Business Segment & Geographic Overview
- 17.1.5 Key Market Developments
- 17.1.6 Key Strategies
- 17.2 American Dairy Association North East
- 17.2.1 Overview
- 17.2.2 Offerings
- 17.2.3 Key Financials
- 17.2.4 Business Segment & Geographic Overview
- 17.2.5 Key Market Developments
- 17.2.6 Key Strategies
- 17.3 Danone
- 17.3.1 Overview
- 17.3.2 Offerings
- 17.3.3 Key Financials
- 17.3.4 Business Segment & Geographic Overview
- 17.3.5 Key Market Developments
- 17.3.6 Key Strategies
- 17.4 Fonterra Co-operative Group Limited
- 17.4.1 Overview
- 17.4.2 Offerings
- 17.4.3 Key Financials
- 17.4.4 Business Segment & Geographic Overview
- 17.4.5 Key Market Developments
- 17.4.6 Key Strategies
- 17.5 MEGMILK SNOW BRAND Co., Ltd
- 17.5.1 Overview
- 17.5.2 Offerings
- 17.5.3 Key Financials
- 17.5.4 Business Segment & Geographic Overview
- 17.5.5 Key Market Developments
- 17.5.6 Key Strategies
- 17.6 Arla Foods amba
- 17.6.1 Overview
- 17.6.2 Offerings
- 17.6.3 Key Financials
- 17.6.4 Business Segment & Geographic Overview
- 17.6.5 Key Market Developments
- 17.6.6 Key Strategies
- 17.7 Nestlé
- 17.7.1 Overview
- 17.7.2 Offerings
- 17.7.3 Key Financials
- 17.7.4 Business Segment & Geographic Overview
- 17.7.5 Key Market Developments
- 17.7.6 Key Strategies
- 17.8 Organic Valley
- 17.8.1 Overview
- 17.8.2 Offerings
- 17.8.3 Key Financials
- 17.8.4 Business Segment & Geographic Overview
- 17.8.5 Key Market Developments
- 17.8.6 Key Strategies
- 17.9 The Coca-Cola Company
- 17.9.1 Overview
- 17.9.2 Offerings
- 17.9.3 Key Financials
- 17.9.4 Business Segment & Geographic Overview
- 17.9.5 Key Market Developments
- 17.9.6 Key Strategies
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