Global Anhydrous Milk Fat Market Size, Share, Opportunities, And Trends By Type (Organic Anhydrous Milk Fat, Conventional Anhydrous Milk Fat), By Application (Dips And Spreads, Bakery And Confectionary, Dairy Products, Others) , And By Geography - Forecasts From 2023 To 2028

  • Published : Mar 2023
  • Report Code : KSI061614520
  • Pages : 130

Anhydrous milk fat is a concentrated form of butter that is naturally lactose-free and contains 99.8% milk fat. centrifugation is used to separate the oil fat from the cream or milk to remove it. when the water is taken out, the resulting fat concentrate is at least 99.8% pure milk fat. it is whitish-yellow in color, highly buttery and creamy in texture, and devoid of any chemicals, fatty acids, and preservatives. it is incredibly nutrient-dense and rich in calcium, as well as vitamins a, d, e, and k2, which are crucial for maintaining a healthy body. in both the industrial and residential sectors, anhydrous milk fat is utilized in culinary dishes as a substitute for butter or other fats. it is also applicable in dips and spreads, dairy products, and bakery and confectionery.  anhydrous milk fat's market expansion will be fueled by rising application use, government investments, and consumer demand due to its high stability and extended shelf life.

Increasing demand due to its high stability and longer shelf life will drive market growth

Even though anhydrous milk fat is a contemporary commercial product, its roots may be found in the old traditional cultures of India and the Arab world, where Ghee, a dairy product with more protein and a more distinctive flavor than anhydrous milk fat, is consumed. anhydrous milk fat AMF is becoming more popular as a component because of its great stability and prolonged shelf life. Anhydrous milk fat may be kept at low temperatures for several months, whereas butter degrades with time at the same temperature and needs a minimum storage temperature of -25°C. Anhydrous milk fat (AMF) may be transported without refrigeration, increasing its usefulness and usability with its longer life without any preservation, which is projected to fuel the rise of the anhydrous milk fat market.

The increase in applications use and investment will drive anhydrous milk fat market growth.

To meet the demand for goods made with butter oil and milk, suppliers in the worldwide anhydrous milk fat market are increasing their manufacturing capacity. In September 2022, according to the National Dairy Development Board, 9 more new dairy facilities are expected to be operational in Uttar Pradesh 2024 which is the largest dairy producer in India. As part of the Nand Baba Milk Mission, the state government of UP is aiming to attract investments over the next five years. As it is simple to mix and meter into other products, anhydrous milk fat is used as an ingredient in a variety of products like caramels, toffees, chocolate and imitation chocolate, fudges, flavors, recombined UHT milk, evaporated milk, ice cream, cheese, and yogurt soups & sauces, dairy spreads, etc. In the baking business, the substance is frequently used as an emulsifier, binder, and processing aid. Throughout the projection period, demand is anticipated to be driven by an increase in the number of bakery items produced on a big scale. This increase in application use and investment for the production of dairy products is expected to fuel the growth of the anhydrous milk fat market over the forecast period

During the forecast period, Asia pacific is expected to have a market growth

The Asia Pacific market is expected to grow in the forecasted period in the Anhydrous Milk Fat market. According to the US Department of Agriculture, Butter, and NFDM consumption has risen to 640,000 MT and 6 MMT, respectively, in 2020 as a result of population and income growth. Dairy products are believed to be practically consumed by all consumer groups in India's primary source of proteins for the nation's primarily vegetarian population. The US Department of Agriculture, predicts that India would produce 207 million metric tons of fluid milk during the marketing year (MY) 2023 (January-December). As per the same source, Butter exports are anticipated to reach 55,000 metric tons (MT) in marketing year (MY) 2023 due to anticipated adequate local milk supply and a resurgence in export demand.  This shows that the Asia-pacific region is a growing market for anhydrous fat market as it is capable of exporting the product in huge amounts. This concludes that the increased population and large export potential of anhydrous fat in the Asia Pacific region is expected to grow the anhydrous milk fat market in this region

Market Key Developments.

  • In February 2023, Vastu Premium Gold Ghee was launched by Shree Radhe Dairy Farm and Foods (Vastu Dairy), the top producer of milk and milk products in Surat.

Global Anhydrous Milk Fat Market Scope:

Report Metric Details
 Growth Rate  CAGR during the forecast period
 Base Year  2021
 Forecast Period  2023 – 2028
 Forecast Unit (Value)  USD Billion
 Segments Covered Type, Application, and Geography
 Regions Covered North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered New Zealand Milk products, Lactalis Ingredients (Lactalis Group), Uelzena Ingredients (Uelzena Group), Royal VIVBuisman, Tatua, ARS Group, VVRS Australia Pty Ltd, FrieslandCampina, Flechard SAS, Flanders Milk (Freddy Baines NV)
 Customization Scope Free report customization with purchase

 

Segmentation:

  • By Type
    • Organic Anhydrous Milk Fat
    • Conventional Anhydrous Milk Fat
  • By Application
    • Dips and Spreads
    • Bakery and Confectionary
    • Dairy Products
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      •  Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • UK
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Suadi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. ANHYDROUS MILK FAT MARKET ANALYSIS, BY TYPE

5.1. Introduction

5.2. Organic Anhydrous Milk Fat

5.3. Conventional Anhydrous Milk Fat

6. ANHYDROUS MILK FAT MARKET ANALYSIS, BY APPLICATION

6.1. Introduction

6.2. Dips and Spreads

6.3. Bakery and Confectionary

6.4. Dairy Products

6.5. Others 

7. ANHYDROUS MILK FAT MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction

7.2. North America 

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America 

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe 

7.4.1. UK

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain 

7.4.6. Others

7.5. Middle East and Africa 

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific 

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Thailand

7.6.6. Indonesia 

7.6.7. Taiwan 

7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. New Zealand Milk products 

9.2. Lactalis Ingredients (Lactalis Group)

9.3. Uelzena Ingredients (Uelzena Group)

9.4. Royal VIVBuisman

9.5. Tatua

9.6. ARS Group

9.7. VVRS Australia Pty Ltd

9.8. FrieslandCampina

9.9. Flechard SAS

9.10. Flanders Milk (Freddy Baines NV)


New Zealand Milk products

Lactalis Ingredients (Lactalis Group)

Uelzena Ingredients (Uelzena Group)

Royal VIVBuisman

Tatua

ARS Group

VVRS Australia Pty Ltd

FrieslandCampina

Flechard SAS

Flanders Milk (Freddy Baines NV)