Market Overview:
The global skim dairy product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for skim dairy products, especially in developing countries. Skim milk powder is witnessing high demand due to its nutritional benefits and long shelf life as compared to liquid milk. Cheese, butter, yogurt, and ice cream are also witnessing high demand owing to their nutritional value and taste preferences of consumers across the globe. North America dominates the global skim dairy product market followed by Europe and Asia Pacific region.
Product Definition:
A skim dairy product is a type of milk that has had the cream removed. Skimmed milk is lower in fat and calories than whole milk, but it also has less protein and calcium.
Liquid Milk:
Liquid milk is a dairy product obtained from cow's milk. It has several advantages over dry forms such as ease of consumption, creaminess, and taste. The product also aids in reducing lactose intolerance and allergies in people who are so inclined.
The global liquid milk market is expected to witness significant growth on account of growing demand for the product among the younger generation which comprises the major part of population now-a-days.
Milk Powder:
Milk powder is a dry, granular dairy product made from milk. It has high usage in the production of low-fat and non-dairy creamers, yogurts, ice creams & desserts as it reduces the fat content of the final products by up to 50%. The product also finds application in confectionery products such as candies and chewing gums.
Application Insights:
The application segment includes children, adult and aged. The aged application segment held the largest share of over 50% in 2017. This is due to the growing demand for dairy products from countries such as China, Japan and Germany. Over the past few years, there has been a significant increase in demand for yogurt across all age groups in developed economies including U.S.
Liquid milk accounted for a major share of liquid applications globally with an estimated volume consumption of around 1,400 thousand tons annually since 2010s till 2018s.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for dairy products from developing countries such as China, India, Indonesia, Vietnam and Thailand. Moreover, increasing per capita consumption of dairy products in these countries on account of growing income levels among consumers will boost the regional market growth over the forecast period.
The Asia Pacific is followed by Europe which accounted for a share of more than 20% in 2017 owing to high demand for skimmed milk powder from several European countries including Russia and Italy among others. In addition, increasing production facilities due to low manufacturing costs along with easy availability of raw materials such as whey will augment product demand further driving industry growth across Europe during the estimated time span.
North America also held a significant share owing to high consumption levels especially by children coupled with rising awareness regarding health benefits associated with dairy products like calcium fortification and vitamin D3 added milk powder).
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Rising disposable income of consumers in developing countries.
- Growing awareness about the health benefits of skim dairy products among consumers.
- Proliferation of convenience stores and supermarkets across the globe that offer skim dairy products at affordable prices to consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Skim Dairy Product Market Research Report
By Type
Liquid Milk, Milk Powder, Cheese, Butter, Yogurt, Ice Cream
By Application
Children, Adult, The Aged
By Companies
AMUL, Danone, Arla Foods UK Plc., Dairy Farmers of America Inc. (DFA), Parmalat, Dean Foods Company, Groupe Lactalis SA, Fonterra Group Cooperative Limited, Kraft Foods, Meiji Dairies Corp., Megmilk Snow Brand, Organic Valley, SanCor, FrieslandCampina, Unilever
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Skim Dairy Product Market Report Segments:
The global Skim Dairy Product market is segmented on the basis of:
Types
Liquid Milk, Milk Powder, Cheese, Butter, Yogurt, Ice Cream
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
Children, Adult, The Aged
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:
- AMUL
- Danone
- Arla Foods UK Plc.
- Dairy Farmers of America Inc. (DFA)
- Parmalat
- Dean Foods Company
- Groupe Lactalis SA
- Fonterra Group Cooperative Limited
- Kraft Foods
- Meiji Dairies Corp.
- Megmilk Snow Brand
- Organic Valley
- SanCor
- FrieslandCampina
- Unilever
Highlights of The Skim Dairy Product 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:
- Liquid Milk
- Milk Powder
- Cheese
- Butter
- Yogurt
- Ice Cream
- By Application:
- Children
- Adult
- The Aged
- 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 Dairy Product 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
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 dairy product that has had most of the cream removed.
Some of the key players operating in the skim dairy product market are AMUL, Danone, Arla Foods UK Plc., Dairy Farmers of America Inc. (DFA), Parmalat, Dean Foods Company, Groupe Lactalis SA, Fonterra Group Cooperative Limited, Kraft Foods, Meiji Dairies Corp., Megmilk Snow Brand, Organic Valley, SanCor, FrieslandCampina, Unilever.
The skim dairy product 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 Skim Dairy Product 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 Skim Dairy Product Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Skim Dairy Product 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 Skim Dairy Product 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 Skim Dairy Product Market Size & Forecast, 2018-2028
4.5.1 Skim Dairy Product Market Size and Y-o-Y Growth
4.5.2 Skim Dairy Product Market Absolute $ Opportunity
Chapter 5 Global Skim Dairy Product 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 Skim Dairy Product Market Size Forecast by Type
5.2.1 Liquid Milk
5.2.2 Milk Powder
5.2.3 Cheese
5.2.4 Butter
5.2.5 Yogurt
5.2.6 Ice Cream
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Skim Dairy Product 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 Skim Dairy Product Market Size Forecast by Applications
6.2.1 Children
6.2.2 Adult
6.2.3 The Aged
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Skim Dairy Product 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 Skim Dairy Product 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 Skim Dairy Product Analysis and Forecast
9.1 Introduction
9.2 North America Skim Dairy Product 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 Skim Dairy Product Market Size Forecast by Type
9.6.1 Liquid Milk
9.6.2 Milk Powder
9.6.3 Cheese
9.6.4 Butter
9.6.5 Yogurt
9.6.6 Ice Cream
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 Skim Dairy Product Market Size Forecast by Applications
9.10.1 Children
9.10.2 Adult
9.10.3 The Aged
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 Skim Dairy Product Analysis and Forecast
10.1 Introduction
10.2 Europe Skim Dairy Product 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 Skim Dairy Product Market Size Forecast by Type
10.6.1 Liquid Milk
10.6.2 Milk Powder
10.6.3 Cheese
10.6.4 Butter
10.6.5 Yogurt
10.6.6 Ice Cream
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 Skim Dairy Product Market Size Forecast by Applications
10.10.1 Children
10.10.2 Adult
10.10.3 The Aged
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 Skim Dairy Product Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Skim Dairy Product 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 Skim Dairy Product Market Size Forecast by Type
11.6.1 Liquid Milk
11.6.2 Milk Powder
11.6.3 Cheese
11.6.4 Butter
11.6.5 Yogurt
11.6.6 Ice Cream
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 Skim Dairy Product Market Size Forecast by Applications
11.10.1 Children
11.10.2 Adult
11.10.3 The Aged
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 Skim Dairy Product Analysis and Forecast
12.1 Introduction
12.2 Latin America Skim Dairy Product 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 Skim Dairy Product Market Size Forecast by Type
12.6.1 Liquid Milk
12.6.2 Milk Powder
12.6.3 Cheese
12.6.4 Butter
12.6.5 Yogurt
12.6.6 Ice Cream
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 Skim Dairy Product Market Size Forecast by Applications
12.10.1 Children
12.10.2 Adult
12.10.3 The Aged
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) Skim Dairy Product Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Skim Dairy Product 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) Skim Dairy Product Market Size Forecast by Type
13.6.1 Liquid Milk
13.6.2 Milk Powder
13.6.3 Cheese
13.6.4 Butter
13.6.5 Yogurt
13.6.6 Ice Cream
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) Skim Dairy Product Market Size Forecast by Applications
13.10.1 Children
13.10.2 Adult
13.10.3 The Aged
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 Skim Dairy Product Market: Competitive Dashboard
14.2 Global Skim Dairy Product Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMUL
14.3.2 Danone
14.3.3 Arla Foods UK Plc.
14.3.4 Dairy Farmers of America Inc. (DFA)
14.3.5 Parmalat
14.3.6 Dean Foods Company
14.3.7 Groupe Lactalis SA
14.3.8 Fonterra Group Cooperative Limited
14.3.9 Kraft Foods
14.3.10 Meiji Dairies Corp.
14.3.11 Megmilk Snow Brand
14.3.12 Organic Valley
14.3.13 SanCor
14.3.14 FrieslandCampina
14.3.15 Unilever
