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The global low fat dairy products market is expected to grow at a CAGR of about 4% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by rising health awareness.
Arla Foods amba, Danone SA, Fonterra Co-Operative Group Limited, and Gujarat Cooperative Milk Marketing Federation Ltd, among others, are the major players in the global low-fat dairy products market.
The global low fat dairy products market is expected to grow at a CAGR of about 4% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by rising health awareness.
The rising health-consciousness and the increasing prevalence of various health issues are driving the market growth of low-fat dairy products. With the growing awareness regarding the nutritional value and health benefits of low-fat dairy products, their consumption is significantly increasing. As the COVID-19 pandemic prompted lifestyle changes amid rising health concerns, the preference for low-fat dairy alternatives is expected to significantly increase. Furthermore, the surging investments in research and development activities for innovations in products, product enhancement, and manufacturing of new low-fat dairy products are anticipated to favour the market growth.
Various leading companies are increasingly launching low-fat dairy products to capitalise on the growing health consciousness. For instance, in June 2021, Parag Milk Foods launched Pride of Cows fat-free milk in various Indian cities such as Surat, Delhi, and Mumbai, among others. Moreover, the increasing research and development (R&D) activities reinforcing the health benefits of low-fat dairy products as compared to their conventional counterparts are expected to aid the market growth. As the cases of cardiovascular diseases, high cholesterol levels, and obesity, among others, across the globe are increasing, the demand for low-fat dairy products is poised to witness healthy growth in the forecast period.
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Headquarters: | Viby, Denmark |
Establishment: | 2000 |
Website: | https://www.arla.com/ |
Arla Foods amba is the largest organic dairy producer. It has 8,956 farmers manufacturing sustainable and efficient dairy products. The company processes milk at 60 sites. Its products are marketed and sold in 152 countries in the world. The company offers various low-fat dairy products under its Keso, Arla Cheasy, and Arla Yoggi brands, among others.
Headquarters: | Paris, France |
Establishment: | 1919 |
Website: | http://www.danone.com/ |
Danone SA is a company that is involved in the production and marketing of dairy products such as milk and yoghurt, among others. The company is also engaged in water, plant-based products, early life nutrition, and medical nutrition businesses. With an employee base of 10,000, the company’s products are sold and marketed in over 120 countries. Its leading markets include France, China, and the United States.
Headquarters: | Auckland, New Zealand |
Establishment: | 2001 |
Website: | https://www.fonterra.com/nz/en.html |
Fonterra Co-Operative Group Limited is a dairy cooperative that operates farms with the low carbon footprints. Some of its leading brands include Mammoth, Anchor, Kapiti, and Primo, among others. Moreover, it offers low-fat dairy options through its brands like Anchor and Mainland. With a wide presence in over 130 countries in the world, the company offers natural products made from New Zealand farms.
Headquarters: | Gujarat, India |
Establishment: | 1973 |
Website: | https://www.amul.com/m/gcmmf |
Gujarat Cooperative Milk Marketing Federation (AMUL) is a prominent dairy and food products company, based in India. Its products are marketed under the brands ‘Amul’ and ‘Sagar’. Cheese, milk, curd, and chocolates, among others, are some of the major products of the company. It has an annual turnover of USD 6.2 billion and procures around 26.3 million litres milk every day.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124