Global Low Fat Milk Market – Industry Trends and Forecast to 2029

Global Low Fat Milk Market, By Product (Sweet, Unsweetened), Distribution Channel (Online Channels, Offline Channels), Application (Dairy Product, Milk Food and Other), End Use (Desert, Bakery, Confectionary, Beverages), Type (2% Milk, 1% Milk, Fat-Free Milk) - Industry Trends and Forecast to 2029.

Low Fat Milk Market Analysis and Size

The increasing prevalence of obesity and overweight among the people, the rising consumption of the products as it contains proteins vitamins and minerals, increased guidelines from health organisations supporting low fat milk and their products and the growing number of diabetic patients are the main factors for the growth of the market over the forecast period from 2022-2029. Moreover, the growing number of health benefits such as prevention of colon cancer, hypertension and others along with the introduction of the new flavours are some other factors which will further propel the growth of the market over the forecasted period.

Data Bridge Market Research analyses that the 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. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Low Fat Milk Market Scope and Segmentation

Market Definition

Low fat milk is also called as the light milk or reduced fat milk. It contains less than 1.5% fat unless otherwise specified. It has the same great health benefits and contains the same nutrients as the full-cream milk. It contains high calcium quantity and slightly thinner and less rich in taste than the full-cream milk. It provides various health benefits such as proteins and vitamins and also help in curing diabetes and obesity related issues. All these factors are driving the growth of the market.

Global Low Fat Milk Market Dynamics

Drivers

• Growing trend of active lifestyle due to rising health consciousness

The primary factor driving the low fat milk market is rising health consciousness among people all over the world. The increased use of low fat milk due to its enhanced nutritional values such as proteins, calcium vitamins and minerals which is fuelling the growth of the low fat milk market. Moreover, the rising preference due to its rich and enhanced taste is driving the market growth especially in the post-pandemic era. All these factors will further propel the market growth.

• Rising prevalence of diseases 

The rising prevalence of diseases across the globe such as diabetes and obesity are driving the growth of the market. Additionally, the low fat milk has the growing number of health benefits such as prevention of colon cancer, hypertension and others. All these are rising the sales of the low-fat milk and ultimately, fuelling the growth of the low fat milk market.

Opportunities

• Growing health awareness among consumers

Increased health consciousness and smart food choices among consumers due to increased instances of obesity and diabetes is expected to propel low fat milk and related beverages within the forecasted period. The low fat milk is an enhanced and rich source of calcium and vitamin B12 and their consumption can protect humans against heart strokes and diseases, which can further contribute to lowering the blood pressure and stronger bones. Vitamin A and D are added to the low-fat milk frequently to promote to normal vision and healthy bones, respectively. All these factor have created significant lucrative opportunities for the low fat milk market.

Restraints

• Lack of awareness

The lack of awareness among the people regarding the health and nutritional values of low fat milk in the developing economies and growing number of issues in the method processing will act as major restraints on the growth of the low fat milk market in the forecast period. Additionally, reduction in taste, texture and flavour during the separation of the separation of fat along with the instances of product recalls will further obstruct the growth of the market during the forecasted period.

This low fat milk market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the low fat milk market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Global Low Fat Milk Market

The covid-19 has affected nearly every end-users industry badly due to the lockdowns initiated protocols by the government during the pandemic. The supply chain and the manufacturing units were affected badly during the pandemic though this differed from industry to industry. However, the food and beverages sector suffered a huge rise in the pandemic and the post-pandemic era due to the large supply and the manufacturing demands among the consumers. The low fat milk market was hence recovered as the supply demands increased consumption across the globe for the varied health benefits and other requirements such as nutritional values and others. The market is hence expected to grow during the post-pandemic era due to the concerned population regarding the health and nutritional benefits of the products related to low fat milk.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Low Fat Milk Market Scope

The low fat milk market is segmented on the basis of product, distribution channel, application, end use and type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Sweet
• Unsweetened

Distribution Channel

• Online Channels
• Offline Channels
• Super Markets and Hyper Markets
• Convenience Stores
• Departmental Store

Application

• Dairy Product
• Milk Food
• Other

End Use

• Desert
• Bakery
• Confectionary
• Beverages

Type

• 2% Milk
• 1% Milk
• Fat-Free Milk

Low Fat Milk Market Regional Analysis/Insights

The low fat milk market is analysed and market size insights and trends are provided by product, distribution channel, application, end use and type as referenced above.

The countries covered in the low fat milk market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the low fat milk market because of increasing health concern along with the rising occurrences of diabetes and obesity within the region.

Asia-Pacific region will grow during the forecast period of 2022-2029 due to increasing number of large dairy farms and adoption of healthier lifestyle within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Low Fat Milk Market Share Analysis

The low fat milk market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to low fat milk market.

Some of the major players operating in the low fat milk market are:

• 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.)