Market Overview:
The global anhydrous milkfat (AMF) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for AMF in various applications, growing awareness about the benefits of AMF among consumers, and increasing investments by key players in R&D activities. Based on type, the global anhydrous milkfat (AMF) market is segmented into AMF 99.8% and AMF 99.9%. The segmentation is based on purity levels of anhydrous milkfat present in the product.
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Product Definition:
Anhydrous milkfat is a type of milk fat that has had almost all of the water removed. This makes it a more stable, long-lasting product that is less likely to spoil. Anhydrous milkfat is used in many food products, including ice cream, cheese, and chocolate.
AMF 99.8%:
Anhydrous Milkfat (AMF) 99.8% is a type of anhydrous milk fat which means that it has no water content in it at all. It is used as a raw material for manufacturing various food & beverage products such as butter, cheese, ice cream, and others.
AMF 99.9%:
AMF 99.9% is anhydrous milkfat, which means it has no water content at all. It is used in the production of various dairy products such as butter, cheese and ice cream among others. The product helps to increase the shelf life of these products and also aids in retaining their nutritional value for a longer time span.
Application Insights:
Recombined milk and milk products segment led the global market in 2017. This is attributed to increasing demand for low-fat dairy products across the globe. In addition, rising consumer preference for nutritious food products is expected to boost product demand over the next few years. The cakes and bakery products segment is anticipated to witness significant growth over the forecast period owing to growing bakery industry across various regions of the world including North America and Europe. Latin America also holds a significant share in this segment as many countries have a tradition of consuming fresh baked bread with breakfast every day which has boosted AMF consumption in that region significantly over recent years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of anhydrous milkfat in countries, such as Germany and U.K. Moreover, increasing demand for low-sugar chocolate products is expected to drive the market growth over the forecast period. Asia Pacific is projected to be one of the fastest-growing markets due to rising product demand from key application sectors including food processing industry and pharmaceutical sector in countries like China and India.
Countries with large dairy industries including China, Australia, New Zealand are anticipated to have a major impact on global AMF industry dynamics through their exports globally.
Growth Factors:
- Increasing demand for AMF in bakery and confectionery products owing to its rich flavor and texture.
- Rising demand for AMF as a dairy fat replacer in various food applications due to its functional properties.
- Growing popularity of high-fat, low-carbohydrate diets that has led to increased consumption of AMF products.
- Technological advancements in the production of AMF that has resulted in improved quality and consistency of the product.
Scope Of The Report
Report Attributes
Report Details
Report Title
Anhydrous Milkfat (AMF) Market Research Report
By Type
AMF 99.8%, AMF 99.9%
By Application
Recombined Milk and Milk Products, Biscuits, Cakes and Bakery Products, Chocolate and Confectionery, Ice Cream and Desserts, Others
By Companies
Richland Dairies (US), United Dairy Group Ltd (China), G&R Foods Inc., Tatua (New Zealand), Australian Dairy Goods (ADG) (Australian), NZMP (New Zealand), Richland Dairies (US)
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Anhydrous Milkfat (AMF) Market Report Segments:
The global Anhydrous Milkfat (AMF) market is segmented on the basis of:
Types
AMF 99.8%, AMF 99.9%
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
Recombined Milk and Milk Products, Biscuits, Cakes and Bakery Products, Chocolate and Confectionery, Ice Cream and Desserts, Others
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:
- Richland Dairies (US)
- United Dairy Group Ltd (China)
- G&R Foods Inc.
- Tatua (New Zealand)
- Australian Dairy Goods (ADG) (Australian)
- NZMP (New Zealand)
- Richland Dairies (US)
 Market Overview.svg)
Highlights of The Anhydrous Milkfat (AMF) 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:
- AMF 99.8%
- AMF 99.9%
- By Application:
- Recombined Milk and Milk Products
- Biscuits, Cakes and Bakery Products
- Chocolate and Confectionery
- Ice Cream and Desserts
- Others
- 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 Anhydrous Milkfat (AMF) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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?
Anhydrous milkfat is a type of oil that is made up of pure, liquid milkfat. It has a high smoke point and can be used in cooking and baking because it doesn't go rancid easily.
Some of the key players operating in the anhydrous milkfat (amf) market are Richland Dairies (US), United Dairy Group Ltd (China), G&R Foods Inc., Tatua (New Zealand), Australian Dairy Goods (ADG) (Australian), NZMP (New Zealand), Richland Dairies (US).
The anhydrous milkfat (amf) market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Anhydrous Milkfat (AMF) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Anhydrous Milkfat (AMF) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Anhydrous Milkfat (AMF) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Anhydrous Milkfat (AMF) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Anhydrous Milkfat (AMF) Market Size & Forecast, 2020-2028
4.5.1 Anhydrous Milkfat (AMF) Market Size and Y-o-Y Growth
4.5.2 Anhydrous Milkfat (AMF) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AMF 99.8%
5.2.2 AMF 99.9%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Recombined Milk and Milk Products
6.2.2 Biscuits
6.2.3 Cakes and Bakery Products
6.2.4 Chocolate and Confectionery
6.2.5 Ice Cream and Desserts
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Anhydrous Milkfat (AMF) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Anhydrous Milkfat (AMF) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AMF 99.8%
9.6.2 AMF 99.9%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Recombined Milk and Milk Products
9.10.2 Biscuits
9.10.3 Cakes and Bakery Products
9.10.4 Chocolate and Confectionery
9.10.5 Ice Cream and Desserts
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AMF 99.8%
10.6.2 AMF 99.9%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Recombined Milk and Milk Products
10.10.2 Biscuits
10.10.3 Cakes and Bakery Products
10.10.4 Chocolate and Confectionery
10.10.5 Ice Cream and Desserts
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AMF 99.8%
11.6.2 AMF 99.9%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Recombined Milk and Milk Products
11.10.2 Biscuits
11.10.3 Cakes and Bakery Products
11.10.4 Chocolate and Confectionery
11.10.5 Ice Cream and Desserts
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AMF 99.8%
12.6.2 AMF 99.9%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Recombined Milk and Milk Products
12.10.2 Biscuits
12.10.3 Cakes and Bakery Products
12.10.4 Chocolate and Confectionery
12.10.5 Ice Cream and Desserts
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AMF 99.8%
13.6.2 AMF 99.9%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Recombined Milk and Milk Products
13.10.2 Biscuits
13.10.3 Cakes and Bakery Products
13.10.4 Chocolate and Confectionery
13.10.5 Ice Cream and Desserts
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Anhydrous Milkfat (AMF) Market: Competitive Dashboard
14.2 Global Anhydrous Milkfat (AMF) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Richland Dairies (US)
14.3.2 United Dairy Group Ltd (China)
14.3.3 G&R Foods Inc.
14.3.4 Tatua (New Zealand)
14.3.5 Australian Dairy Goods (ADG) (Australian)
14.3.6 NZMP (New Zealand)
14.3.7 Richland Dairies (US)
