The global low-fat milk market is witnessing significant growth as it gains traction under various names such as light milk or reduced-fat milk. With a fat content below 1.5%, unless specified otherwise, it retains equivalent nutritional benefits as full-cream milk. High calcium content, along with proteins and vitamins, makes it a health-conscious choice. Positioned as a solution for diabetes and obesity concerns, its slightly lighter taste and comparable benefits further elevate its appeal. These attributes, coupled with the rising demand for healthier lifestyles, drive the market's expansion trajectory.
According to Data Bridge Market Research, the Global Low Fat Milk Market was valued at USD 3.45 billion in 2021 and is expected to reach the value of USD 5.50 billion by 2029, at a CAGR of 6.00% during the forecast period of 2022 to 2029.
“Surging trend of adopting an active lifestyle, driven by a heightened sense of health consciousness”
The global low-fat milk market is propelled by the surging trend of adopting an active lifestyle, driven by a heightened sense of health consciousness. As individuals increasingly prioritize their well-being, they are seeking dietary choices that align with their health goals. Low-fat milk emerges as a favored option due to its lower calorie content and reduced fat levels, making it compatible with weight management and overall fitness objectives. The demand for such nutritious yet indulgent products is bolstered by consumers' eagerness to make healthier choices without compromising on taste or convenience, driving the market's growth.
What restraints the growth of the global low fat milk market?
“Lack of awareness among consumers”
A prominent restraint in the global low-fat milk market is the lack of awareness among consumers. Despite the increasing emphasis on health and wellness, many consumers remain uninformed about the benefits of low-fat milk compared to full-fat options. Insufficient awareness about the nutritional advantages, reduced calorie content, and potential weight management benefits of low-fat milk hinder its adoption. This limited understanding among consumers poses a challenge for manufacturers to educate and promote the advantages of low-fat milk, thereby impeding the market's potential growth.
Segmentation: Global Low Fat Milk Market
The low fat milk market is segmented on the basis of product, distribution channel, application, end use and type.
- On the basis of product, the global low fat milk market is segmented into sweet and unsweetened
- On the basis of distribution channel, the global low fat milk market is segmented into online channels, and offline channels
- Based on application, the global low fat milk market is segmented into dairy product, milk food and other
- On the basis of end use, the global low fat milk market is segmented into desert, bakery, confectionary, and beverages
- Based on type, the global low fat milk market is segmented into 2% milk, 1% milk, and fat-free milk
Regional Insights: Europe dominate the Global Low Fat Milk Market
Europe holds a commanding position in the low-fat milk market, driven by a surge in health consciousness and a notable rise in diabetes and obesity cases across the region. Consumers' heightened awareness of the benefits of low-fat dairy products, coupled with concerns about weight management and overall well-being, fuels the demand for healthier alternatives, making low-fat milk a preferred choice.
The Asia-Pacific region is poised for significant growth from 2022 to 2029 in the low-fat milk market. This expansion is attributed to the increasing establishment of large-scale dairy farms and the growing adoption of healthier lifestyles within the region. As consumers in Asia-Pacific shift towards nutrition-conscious choices and embrace low-fat milk's health benefits, the market experiences a robust surge driven by both demand and changing consumption patterns.
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The Prominent Key Players Operating in the Global Low Fat Milk Market Include:
- GCMMF (India)
- American Dairy Association North East. (U.S.)
- Danone (France)
- Fonterra Co-operative Group Limited (New Zealand)
- MEGMILK SNOW BRAND Co.,Ltd. (Japan)
- Arla Foods amba (Denmark)
- Nestlé (Switzerland)
- Organic Valley (U.S.)
- The Coca-Cola Company. (U.S.)
- Ananda Dairy Ltd. (India)
- Ausnutria Dairy Corporation Ltd. (Hong Kong)
- AVH dairy trade B.V. (Netherlands)
- Meyenberg (U.S.)
- Kabrita USA. (U.S.)
- Borden Dairy. (U.S.)
- Darigold. (U.S.)
- Guida’s Dairy (U.S.)
- HP Hood LLC. (U.S.)
- Maola Local Dairies. (India)
- PRAIRIE FARMS DAIRY. (U.S.)
- Producers Dairy (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global low fat milk market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Low Fat Milk Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
