To identify growth opportunities in the anhydrous milk fat market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. Europe and North America will grow faster than the overall market. The growth of APAC, MEA, and South America will be slower than the global market.

Some of the key findings from our anhydrous milk fat market forecast report are summarized below

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!

Global Anhydrous Milk Fat Industry Overview

Vendors in the global anhydrous milk fat market are expanding their production capabilities to cater to the demand for butter oil products. For instance, GCMNF (Amul), an Indian dairy brand, recently announced its plans to acquire a manufacturing plant in Wisconsin to expand its business operations in the US. Similarly, another Indian brand, Ananda Dairy, announced its plans to open a new processing plant in Uttar Pradesh, India. The company also has plans to open over a thousand retail stores across India during the forecast period. The increasing investments in expanding production capabilities will result in an increase in the production of various dairy products, including anhydrous milk fat. This is expected to drive the growth of the global anhydrous milk fat market size over the forecast period.

Players in the market are emphasizing on the latest marketing trends to increase the sales of their products. Strategic marketing campaigns are helping vendors in explaining the benefits of the consumption of butter oil products. It also helps them increase brand awareness and recognition, along with creating loyalty and trust among consumers. Vendors in the anhydrous milk fat market are launching marketing campaigns across various social media platforms such as YouTube, Facebook, and Instagram to influence consumers to buy anhydrous milk fat products. As a result of these factors, the global anhydrous milk fat market size is expected to grow at a CAGR of nearly 11% during 2019-2023.

Top Anhydrous Milk Fat Manufacturers Covered in this Market Research Report

The global anhydrous milk fat market is fairly fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this anhydrous milk fat market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several anhydrous milk fat companies, including:

• Fonterra Co-operative Group Ltd.
• Groupe Lactalis
• Meadow Foods Ltd.
• Royal FrieslandCampina NV
• Saputo Inc.

Anhydrous Milk Fat Market Segmentation Based on Product

• Conventional anhydrous milk fat
• Organic anhydrous milk fat

Conventional anhydrous milk fat products are the largest revenue contributors to the global anhydrous milk fat market. The constant demand for chocolates, confectioneries, and processed cheese is driving the growth of this segment. The increase in the launch of butter oil-based products is also contributing to its expansion.

Anhydrous Milk Fat Market Segmentation Based on Geography

• APAC
• Europe
• MEA
• North America
• South America

APAC provides a large number of growth opportunities for anhydrous milk fat manufacturers. The market is witnessing an increase in the export of anhydrous milk fat products from New Zealand to China and Australia. Ghee, a type of anhydrous milk fat, is highly popular in India. It is used in cooking and also used in various religious rituals in the country. These factors have increased the consumption of butter oil products, thereby driving the growth of the anhydrous milk fat market in APAC.

Key Highlights of the Global Anhydrous Milk Fat Market for the Forecast Period 2019-2023

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the anhydrous milk fat market size during the next five years
• Precise estimation of the global anhydrous milk fat market share, size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the anhydrous milk fat industry across the APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of anhydrous milk fat manufacturers

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch