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Anhydrous Milk Fat Market Size, Share & Industry Trends Analysis Report by Distribution Channel, Nature, Application, Regional Outlook and Forecast, 2022-2028

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    Report

  • 174 Pages
  • March 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5778590
The Global Anhydrous Milk Fat Market size is expected to reach $4.3 billion by 2028, rising at a market growth of 6.6% CAGR during the forecast period.

Triacylglycerols, or glycerol readily converted to three fatty acids, are a range of compounds that make up anhydrous milk fat, each with a distinct physical property. Anhydrous milk fat, for instance, melts at a range of temperatures and has a high melting point. Anhydrous milk fat has a normal melting point higher than 40 °C. The anhydrous milk now changes into a transparent liquid with a little yellow color due to the presence of carotene.



When chilled, anhydrous milk fat crystallizes and transforms into a soft, somewhat gritty, and pale white-yellow solid. Due to its longer shelf life and low moisture content, anhydrous milk fat is frequently stored for several months at room temperature and then easily shipped throughout the globe. Also, it has a varied range of applications in the fast food sector, which is predicted to expand significantly over the coming few years. Anhydrous milk fat will become highly in demand worldwide as a result.

The way that consumers select healthier products is changing. Rather than concentrating only on functional ingredients, they are emphasizing more natural products and avoiding those that contain many additives, preservatives, and stabilizers. Anhydrous milk fats have become increasingly common because they have constant flavor, texture, mouthfeel, structure, and anti-bloom qualities. Also, customers are prioritizing their health and refusing to compromise on taste, driving up demand for goods with buttery flavors.

Demand in the market has been significantly influenced by how easily anhydrous milk can be preserved. As a result, the use of preservatives in producing several dairy and pastry goods, including packaged yogurt, cakes, and chocolates, has increased. In addition, the rise of the world market for anhydrous milk fat has also been boosted by the popularity of milk-flavored drinks and confections.

COVID-19 Impact Analysis

The supply of dairy products was stopped as a result of these disruptions to global trade, which also caused the projects that were already under development to be delayed and incurred higher capital expenditures (CAPEX). Because of the upheaval in supply and demand, businesses that produce diaries have had issues, making it challenging to develop a long-term strategy. As a result, raw material costs rose dramatically, sending manufacturers of dairy products into a panic. Considering all of these aspects, the market for anhydrous milk fat has suffered due to COVID-19's widespread distribution.

Market Growth Factors

Rise in customer awareness about nutritional food

Due to increased consumer concern about their health and the idea that diet has a direct impact on health, the growth of nutrient-rich foods has recently played a significant part in the development of good behaviors. The need for nutrient-dense food is growing rapidly with expanding global welfare and population. The high-nutrition trend is picking up steam and will keep generating interest in the future. Consumers are now more aware of the advantages of protein and other nutrients in promoting an active lifestyle. This results in a strong demand for these goods and, as a result, the expansion of the anhydrous milk fat market.

Growing demand for organic & functional dairy products

Functional dairy products are nutritious dairy items that contain probiotics, vitamins, and minerals, as well as substances that improve energy. Food with functional features, including sour milk, are in high demand due to consumer trends toward healthier lifestyles, which positively impacts the market throughout the projection period. To satisfy the growing demand for goods with a balanced nutritional profile, functional & organic dairy products have been introduced. This supports the growth of the regional market.

Market Restraining Factor

Growing preference to plant based dairy alternatives

Vegan diets are becoming increasingly popular globally, which is also boosting sales of plant-based dairy replacements. The increasing frequency of lifestyle-related chronic diseases or hypersensitivity to animal protein is one of the primary causes driving demand. In addition, as lactose intolerance instances increase globally, there is a shift in people's tastes toward plant-based foods. Consumer preferences for plant-based foods have grown as consumer awareness of animal cruelty has improved. These elements are assisting the market's expansion in the region.

Nature Outlook

Based on nature, the anhydrous milk fat market is segmented into organic, and conventional. In 2021, the organic segment covered a considerable revenue share in the anhydrous milk fat market. An unwanted by-product of the processing of organic milk is organic anhydrous milk fat. Since it contains no water, it is suitable for a variety of food applications in place of regular anhydrous butter or margarine. Due to the product's high level of purity, that makes it acceptable for use in many foods and beverages that need little water or are dry, it is becoming increasingly well-known across the world.



Application Outlook

On the basis of application, the anhydrous milk fat market is categorized into dairy, bakery, confectionary and others. In 2021, the dairy segment witnessed the largest revenue share in the anhydrous milk fat market. AMF can also be utilized to produce low-fat dairy and blended spreads; the most obvious application for AMF's low-melting fractions is to make butter. Dairy fat spreads more spreadable at low temperatures. Including high-melting fractions might be considered to make the butter more stable at high temperatures, which may be desirable in tropical regions.

Distribution Channel Outlook

By distribution channel, the anhydrous milk fat market is bifurcated into online and offline. In 2021, the offline segment registered the maximum revenue share in the anhydrous milk fat market. Consumers benefit from one-stop shopping at these stores, providing a considerably greater variety of household goods and dairy products. This type's rapid expansion is mostly related to the expansion of omnichannel retailers and rising levels of digitalization.

Regional Outlook

Region wise, the anhydrous milk fat market is analyzed across North America, Europe, Asia Pacific and LAMEA. In 2021, the Asia Pacific region led the anhydrous milk fat market with the maximum revenue share. There are numerous potential opportunities in the region for producers of anhydrous milk fat. The market is shifting due to the increased export of anhydrous milk fat products from New Zealand to China and Australia. Ghee, an anhydrous milk fat, is extensively used in India. In addition to being utilized in cooking, it is also used in the nation's various religious traditions.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Royal VIVBuisman (The Van Ballegooijen), Interfood Holding BV, Eurial Services (Agrial Group), Polmlek Group, Asha Ram & Sons Pvt. Ltd., Meadow Foods Limited, Royal FrieslandCampina N.V., Lactalis Group, and United Global Agencies Group.

Scope of the Study

By Distribution Channel

  • Offline
  • Online

By Nature

  • Conventional
  • Organic

By Application

  • Dairy
  • Bakery
  • Confectionary
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia & New Zealand (ANZ)
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Royal VIVBuisman (The Van Ballegooijen)
  • Interfood Holding BV
  • Eurial Services (Agrial Group)
  • Polmlek Group
  • Asha Ram & Sons Pvt. Ltd.
  • Meadow Foods Limited
  • Royal FrieslandCampina N.V.
  • Lactalis Group
  • United Global Agencies Group

Unique Offerings

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Anhydrous Milk Fat Market, by Distribution Channel
1.4.2 Global Anhydrous Milk Fat Market, by Nature
1.4.3 Global Anhydrous Milk Fat Market, by Application
1.4.4 Global Anhydrous Milk Fat Market, by Geography
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Anhydrous Milk Fat Market by Distribution Channel
3.1 Global Offline Market by Region
3.2 Global Online Market by Region
Chapter 4. Global Anhydrous Milk Fat Market by Nature
4.1 Global Conventional Market by Region
4.2 Global Organic Market by Region
Chapter 5. Global Anhydrous Milk Fat Market by Application
5.1 Global Dairy Market by Region
5.2 Global Bakery Market by Region
5.3 Global Confectionary Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Anhydrous Milk Fat Market by Region
6.1 North America Anhydrous Milk Fat Market
6.1.1 North America Anhydrous Milk Fat Market by Distribution Channel
6.1.1.1 North America Offline Market by Country
6.1.1.2 North America Online Market by Country
6.1.2 North America Anhydrous Milk Fat Market by Nature
6.1.2.1 North America Conventional Market by Country
6.1.2.2 North America Organic Market by Country
6.1.3 North America Anhydrous Milk Fat Market by Application
6.1.3.1 North America Dairy Market by Country
6.1.3.2 North America Bakery Market by Country
6.1.3.3 North America Confectionary Market by Country
6.1.3.4 North America Others Market by Country
6.1.4 North America Anhydrous Milk Fat Market by Country
6.1.4.1 US Anhydrous Milk Fat Market
6.1.4.1.1 US Anhydrous Milk Fat Market by Distribution Channel
6.1.4.1.2 US Anhydrous Milk Fat Market by Nature
6.1.4.1.3 US Anhydrous Milk Fat Market by Application
6.1.4.2 Canada Anhydrous Milk Fat Market
6.1.4.2.1 Canada Anhydrous Milk Fat Market by Distribution Channel
6.1.4.2.2 Canada Anhydrous Milk Fat Market by Nature
6.1.4.2.3 Canada Anhydrous Milk Fat Market by Application
6.1.4.3 Mexico Anhydrous Milk Fat Market
6.1.4.3.1 Mexico Anhydrous Milk Fat Market by Distribution Channel
6.1.4.3.2 Mexico Anhydrous Milk Fat Market by Nature
6.1.4.3.3 Mexico Anhydrous Milk Fat Market by Application
6.1.4.4 Rest of North America Anhydrous Milk Fat Market
6.1.4.4.1 Rest of North America Anhydrous Milk Fat Market by Distribution Channel
6.1.4.4.2 Rest of North America Anhydrous Milk Fat Market by Nature
6.1.4.4.3 Rest of North America Anhydrous Milk Fat Market by Application
6.2 Europe Anhydrous Milk Fat Market
6.2.1 Europe Anhydrous Milk Fat Market by Distribution Channel
6.2.1.1 Europe Offline Market by Country
6.2.1.2 Europe Online Market by Country
6.2.2 Europe Anhydrous Milk Fat Market by Nature
6.2.2.1 Europe Conventional Market by Country
6.2.2.2 Europe Organic Market by Country
6.2.3 Europe Anhydrous Milk Fat Market by Application
6.2.3.1 Europe Dairy Market by Country
6.2.3.2 Europe Bakery Market by Country
6.2.3.3 Europe Confectionary Market by Country
6.2.3.4 Europe Others Market by Country
6.2.4 Europe Anhydrous Milk Fat Market by Country
6.2.4.1 Germany Anhydrous Milk Fat Market
6.2.4.1.1 Germany Anhydrous Milk Fat Market by Distribution Channel
6.2.4.1.2 Germany Anhydrous Milk Fat Market by Nature
6.2.4.1.3 Germany Anhydrous Milk Fat Market by Application
6.2.4.2 UK Anhydrous Milk Fat Market
6.2.4.2.1 UK Anhydrous Milk Fat Market by Distribution Channel
6.2.4.2.2 UK Anhydrous Milk Fat Market by Nature
6.2.4.2.3 UK Anhydrous Milk Fat Market by Application
6.2.4.3 France Anhydrous Milk Fat Market
6.2.4.3.1 France Anhydrous Milk Fat Market by Distribution Channel
6.2.4.3.2 France Anhydrous Milk Fat Market by Nature
6.2.4.3.3 France Anhydrous Milk Fat Market by Application
6.2.4.4 Russia Anhydrous Milk Fat Market
6.2.4.4.1 Russia Anhydrous Milk Fat Market by Distribution Channel
6.2.4.4.2 Russia Anhydrous Milk Fat Market by Nature
6.2.4.4.3 Russia Anhydrous Milk Fat Market by Application
6.2.4.5 Spain Anhydrous Milk Fat Market
6.2.4.5.1 Spain Anhydrous Milk Fat Market by Distribution Channel
6.2.4.5.2 Spain Anhydrous Milk Fat Market by Nature
6.2.4.5.3 Spain Anhydrous Milk Fat Market by Application
6.2.4.6 Italy Anhydrous Milk Fat Market
6.2.4.6.1 Italy Anhydrous Milk Fat Market by Distribution Channel
6.2.4.6.2 Italy Anhydrous Milk Fat Market by Nature
6.2.4.6.3 Italy Anhydrous Milk Fat Market by Application
6.2.4.7 Rest of Europe Anhydrous Milk Fat Market
6.2.4.7.1 Rest of Europe Anhydrous Milk Fat Market by Distribution Channel
6.2.4.7.2 Rest of Europe Anhydrous Milk Fat Market by Nature
6.2.4.7.3 Rest of Europe Anhydrous Milk Fat Market by Application
6.3 Asia Pacific Anhydrous Milk Fat Market
6.3.1 Asia Pacific Anhydrous Milk Fat Market by Distribution Channel
6.3.1.1 Asia Pacific Offline Market by Country
6.3.1.2 Asia Pacific Online Market by Country
6.3.2 Asia Pacific Anhydrous Milk Fat Market by Nature
6.3.2.1 Asia Pacific Conventional Market by Country
6.3.2.2 Asia Pacific Organic Market by Country
6.3.3 Asia Pacific Anhydrous Milk Fat Market by Application
6.3.3.1 Asia Pacific Dairy Market by Country
6.3.3.2 Asia Pacific Bakery Market by Country
6.3.3.3 Asia Pacific Confectionary Market by Country
6.3.3.4 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Anhydrous Milk Fat Market by Country
6.3.4.1 Australia & NewZealand (ANZ) Anhydrous Milk Fat Market
6.3.4.1.1 Australia & NewZealand (ANZ) Anhydrous Milk Fat Market by Distribution Channel
6.3.4.1.2 Australia & NewZealand (ANZ) Anhydrous Milk Fat Market by Nature
6.3.4.1.3 Australia & NewZealand (ANZ) Anhydrous Milk Fat Market by Application
6.3.4.2 China Anhydrous Milk Fat Market
6.3.4.2.1 China Anhydrous Milk Fat Market by Distribution Channel
6.3.4.2.2 China Anhydrous Milk Fat Market by Nature
6.3.4.2.3 China Anhydrous Milk Fat Market by Application
6.3.4.3 Japan Anhydrous Milk Fat Market
6.3.4.3.1 Japan Anhydrous Milk Fat Market by Distribution Channel
6.3.4.3.2 Japan Anhydrous Milk Fat Market by Nature
6.3.4.3.3 Japan Anhydrous Milk Fat Market by Application
6.3.4.4 India Anhydrous Milk Fat Market
6.3.4.4.1 India Anhydrous Milk Fat Market by Distribution Channel
6.3.4.4.2 India Anhydrous Milk Fat Market by Nature
6.3.4.4.3 India Anhydrous Milk Fat Market by Application
6.3.4.5 South Korea Anhydrous Milk Fat Market
6.3.4.5.1 South Korea Anhydrous Milk Fat Market by Distribution Channel
6.3.4.5.2 South Korea Anhydrous Milk Fat Market by Nature
6.3.4.5.3 South Korea Anhydrous Milk Fat Market by Application
6.3.4.6 Malaysia Anhydrous Milk Fat Market
6.3.4.6.1 Malaysia Anhydrous Milk Fat Market by Distribution Channel
6.3.4.6.2 Malaysia Anhydrous Milk Fat Market by Nature
6.3.4.6.3 Malaysia Anhydrous Milk Fat Market by Application
6.3.4.7 Rest of Asia Pacific Anhydrous Milk Fat Market
6.3.4.7.1 Rest of Asia Pacific Anhydrous Milk Fat Market by Distribution Channel
6.3.4.7.2 Rest of Asia Pacific Anhydrous Milk Fat Market by Nature
6.3.4.7.3 Rest of Asia Pacific Anhydrous Milk Fat Market by Application
6.4 LAMEA Anhydrous Milk Fat Market
6.4.1 LAMEA Anhydrous Milk Fat Market by Distribution Channel
6.4.1.1 LAMEA Offline Market by Country
6.4.1.2 LAMEA Online Market by Country
6.4.2 LAMEA Anhydrous Milk Fat Market by Nature
6.4.2.1 LAMEA Conventional Market by Country
6.4.2.2 LAMEA Organic Market by Country
6.4.3 LAMEA Anhydrous Milk Fat Market by Application
6.4.3.1 LAMEA Dairy Market by Country
6.4.3.2 LAMEA Bakery Market by Country
6.4.3.3 LAMEA Confectionary Market by Country
6.4.3.4 LAMEA Others Market by Country
6.4.4 LAMEA Anhydrous Milk Fat Market by Country
6.4.4.1 Brazil Anhydrous Milk Fat Market
6.4.4.1.1 Brazil Anhydrous Milk Fat Market by Distribution Channel
6.4.4.1.2 Brazil Anhydrous Milk Fat Market by Nature
6.4.4.1.3 Brazil Anhydrous Milk Fat Market by Application
6.4.4.2 Argentina Anhydrous Milk Fat Market
6.4.4.2.1 Argentina Anhydrous Milk Fat Market by Distribution Channel
6.4.4.2.2 Argentina Anhydrous Milk Fat Market by Nature
6.4.4.2.3 Argentina Anhydrous Milk Fat Market by Application
6.4.4.3 UAE Anhydrous Milk Fat Market
6.4.4.3.1 UAE Anhydrous Milk Fat Market by Distribution Channel
6.4.4.3.2 UAE Anhydrous Milk Fat Market by Nature
6.4.4.3.3 UAE Anhydrous Milk Fat Market by Application
6.4.4.4 Saudi Arabia Anhydrous Milk Fat Market
6.4.4.4.1 Saudi Arabia Anhydrous Milk Fat Market by Distribution Channel
6.4.4.4.2 Saudi Arabia Anhydrous Milk Fat Market by Nature
6.4.4.4.3 Saudi Arabia Anhydrous Milk Fat Market by Application
6.4.4.5 South Africa Anhydrous Milk Fat Market
6.4.4.5.1 South Africa Anhydrous Milk Fat Market by Distribution Channel
6.4.4.5.2 South Africa Anhydrous Milk Fat Market by Nature
6.4.4.5.3 South Africa Anhydrous Milk Fat Market by Application
6.4.4.6 Nigeria Anhydrous Milk Fat Market
6.4.4.6.1 Nigeria Anhydrous Milk Fat Market by Distribution Channel
6.4.4.6.2 Nigeria Anhydrous Milk Fat Market by Nature
6.4.4.6.3 Nigeria Anhydrous Milk Fat Market by Application
6.4.4.7 Rest of LAMEA Anhydrous Milk Fat Market
6.4.4.7.1 Rest of LAMEA Anhydrous Milk Fat Market by Distribution Channel
6.4.4.7.2 Rest of LAMEA Anhydrous Milk Fat Market by Nature
6.4.4.7.3 Rest of LAMEA Anhydrous Milk Fat Market by Application
Chapter 7. Company Profiles
7.1 Royal VIVBuisman (The Van Ballegooijen)
7.1.1 Company Overview
7.2 Interfood Holding BV
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.3 Eurial Services (Agrial Group)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.4 Polmlek Group
7.4.1 Company Overview
7.5 Asha Ram & Sons Pvt. Ltd.
7.5.1 Company Overview
7.6 Meadow Foods Limited
7.6.1 Company Overview
7.7 Royal FrieslandCampina N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.8 Lactalis Group
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Research & Development Expenses
7.9 United Global Agencies Group
7.9.1 Company Overview

Companies Mentioned

  • Royal VIVBuisman (The Van Ballegooijen)
  • Interfood Holding BV
  • Eurial Services (Agrial Group)
  • Polmlek Group
  • Asha Ram & Sons Pvt. Ltd.
  • Meadow Foods Limited
  • Royal FrieslandCampina N.V.
  • Lactalis Group
  • United Global Agencies Group

Methodology

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