Market Overview:
The global skim milk market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for skim milk from the bakery, confectionery, dairy, and prepared mix industries. In addition, rising awareness about the health benefits of skim milk is also contributing to the growth of this market. Regionally, North America dominates the global skim milk market followed by Europe and Asia Pacific. The dominance of these regions can be attributed to factors such as high per capita consumption of dairy products and growing demand for healthy food options in these regions.
Product Definition:
Skim milk is a low-fat, lactose-free beverage that is made from whole milk by skimming off the cream. Skim milk has all of the nutritional benefits of whole milk, but with less fat and calories.
Pasteurized Skim Milk:
Pasteurized skim milk is a dairy product which has had the cream removed from it. It is produced by heating milk to a very high temperature, usually at or above 120 degrees Celsius for short periods, until the cream separates and rises to the top of the container. Pasteurized skimmed milk can be stored at room temperature for several hours after production without risk of bacterial growth due to lack of bacteria-inhibiting properties in its paste form.
Ultra-high Temperature Skim Milk:
Ultra-high temperature skim milk is a new technology that helps to preserve the nutritional value of milk and extend its shelf life. The process of making UHT skimmed milk does not involve any bacterial infection, which makes it safer for consumption than other forms of sterilized or processed dairy products.
The ultra-high temperature (UHT) skimmed milk has been developed by an American company Pinnacle Foods under their brand name Optimum Nutrition (ON).
Application Insights:
The dairy application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to rising demand for skim milk powder in manufacturing various dairy products such as cheese, butter, ice cream and yogurt. Moreover, increasing consumption of flavored milk due to changing consumer preferences is expected to drive the product demand over the next seven years.
Bakery was one of the prominent applications that accounted for a significant share in 2017 owing to extensive utilization of skimmed milk powder in production of bread and other bakery products such as pastries, pies crusts biscuits & cakes among others - which are consumed all around the world especially during breakfast time along with coffee or tea.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period owing to high consumption of dairy products, especially among children and adolescents. In addition, rising demand for low-fat dairy products will also drive growth in this region.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due to increasing health awareness among consumers and changing lifestyles resulting into increased demand for prepared mix food items such as smoothies, parfaits and energy bars that require skim milk as an ingredient or component.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of skim milk market.
- Rising awareness about the health benefits of skim milk is propelling its demand among consumers.
- Growing popularity of dairy-free diets is fueling the growth of skim milk market.
- Increasing disposable income of consumers is enabling them to purchase premium quality skim milk products.
- Rapid urbanization and changing lifestyle trends are contributing to the growth of skim milk market
Scope Of The Report
Report Attributes
Report Details
Report Title
Skim Milk Market Research Report
By Type
Pasteurized Skim Milk, Ultra-high Temperature Skim Milk
By Application
Bakery, Confectionery, Dairy, Prepared Mix, OthersÂ
By Companies
Arla Food, Horizon Organic, Organic Valley, Emmi, Yeo Valley, Aurora Organic Dairy, Andechser Dairy, Organic Dairy Farmers, Avalon Dairy, Bruton Dairy, Shengmu Organic Milk, Yili, Mengniu, Wholly Cow, Danone, Nestle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Skim Milk Market Report Segments:
The global Skim Milk market is segmented on the basis of:
Types
Pasteurized Skim Milk, Ultra-high Temperature Skim Milk
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery, Confectionery, Dairy, Prepared Mix, OthersÂ
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arla Food
- Horizon Organic
- Organic Valley
- Emmi
- Yeo Valley
- Aurora Organic Dairy
- Andechser Dairy
- Organic Dairy Farmers
- Avalon Dairy
- Bruton Dairy
- Shengmu Organic Milk
- Yili
- Mengniu
- Wholly Cow
- Danone
- Nestle
Highlights of The Skim Milk Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pasteurized Skim Milk
- Ultra-high Temperature Skim Milk
- By Application:
- Bakery
- Confectionery
- Dairy
- Prepared Mix
- OthersÂ
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Skim Milk Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Skim milk is a type of milk that has been removed from the cream layer. Skim milk is lower in fat and calories than whole milk, but it does contain cholesterol.
Some of the major companies in the skim milk market are Arla Food, Horizon Organic, Organic Valley, Emmi, Yeo Valley, Aurora Organic Dairy, Andechser Dairy, Organic Dairy Farmers, Avalon Dairy, Bruton Dairy, Shengmu Organic Milk, Yili, Mengniu, Wholly Cow, Danone, Nestle.
The skim milk market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Skim Milk Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Skim Milk Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Skim Milk Market - Supply Chain
4.5. Global Skim Milk Market Forecast
4.5.1. Skim Milk Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Skim Milk Market Size (000 Units) and Y-o-Y Growth
4.5.3. Skim Milk Market Absolute $ Opportunity
5. Global Skim Milk Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Skim Milk Market Size and Volume Forecast by Type
5.3.1. Pasteurized Skim Milk
5.3.2. Ultra-high Temperature Skim Milk
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Skim Milk Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Skim Milk Market Size and Volume Forecast by Application
6.3.1. Bakery
6.3.2. Confectionery
6.3.3. Dairy
6.3.4. Prepared Mix
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Skim Milk Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Skim Milk Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Skim Milk Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Skim Milk Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Skim Milk Demand Share Forecast, 2019-2029
9. North America Skim Milk Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Skim Milk Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Skim Milk Market Size and Volume Forecast by Application
9.4.1. Bakery
9.4.2. Confectionery
9.4.3. Dairy
9.4.4. Prepared Mix
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Skim Milk Market Size and Volume Forecast by Type
9.7.1. Pasteurized Skim Milk
9.7.2. Ultra-high Temperature Skim Milk
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Skim Milk Demand Share Forecast, 2019-2029
10. Latin America Skim Milk Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Skim Milk Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Skim Milk Market Size and Volume Forecast by Application
10.4.1. Bakery
10.4.2. Confectionery
10.4.3. Dairy
10.4.4. Prepared Mix
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Skim Milk Market Size and Volume Forecast by Type
10.7.1. Pasteurized Skim Milk
10.7.2. Ultra-high Temperature Skim Milk
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Skim Milk Demand Share Forecast, 2019-2029
11. Europe Skim Milk Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Skim Milk Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Skim Milk Market Size and Volume Forecast by Application
11.4.1. Bakery
11.4.2. Confectionery
11.4.3. Dairy
11.4.4. Prepared Mix
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Skim Milk Market Size and Volume Forecast by Type
11.7.1. Pasteurized Skim Milk
11.7.2. Ultra-high Temperature Skim Milk
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Ptential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Skim Milk Demand Share, 2019-2029
12. Asia Pacific Skim Milk Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Skim Milk Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Skim Milk Market Size and Volume Forecast by Application
12.4.1. Bakery
12.4.2. Confectionery
12.4.3. Dairy
12.4.4. Prepared Mix
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Skim Milk Market Size and Volume Forecast by Type
12.7.1. Pasteurized Skim Milk
12.7.2. Ultra-high Temperature Skim Milk
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Skim Milk Demand Share, 2019-2029
13. Middle East & Africa Skim Milk Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Skim Milk Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Skim Milk Market Size and Volume Forecast by Application
13.4.1. Bakery
13.4.2. Confectionery
13.4.3. Dairy
13.4.4. Prepared Mix
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Skim Milk Market Size and Volume Forecast by Type
13.7.1. Pasteurized Skim Milk
13.7.2. Ultra-high Temperature Skim Milk
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Skim Milk Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Skim Milk Market: Market Share Analysis
14.2. Skim Milk Distributors and Customers
14.3. Skim Milk Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arla Food
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Horizon Organic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Organic Valley
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emmi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yeo Valley
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aurora Organic Dairy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Andechser Dairy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Organic Dairy Farmers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Avalon Dairy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bruton Dairy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shengmu Organic Milk
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yili
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mengniu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wholly Cow
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Danone
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Nestle
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
