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Global Anhydrous Milk Fat (Butter Oil) Market: By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Manufacturing Process; Price Analysis; Project Details, Requirements and Costs Involved; Project Economics; Competitive Landscape; Industry Events and Developments

Global Anhydrous Milk Fat (Butter Oil) Market Outlook

The global anhydrous milk fat (butter oil) market reached a value of almost USD 3.1 billion in 2020. The anhydrous milk fat (butter oil) industry is further expected to grow at a CAGR of about 11.6% between 2021 and 2026 to attain a value of almost USD 6 billion by 2026.

 

Anhydrous Milk Fat (Butter Oil) Market

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The global anhydrous milk fat (butter oil) industry is being driven by the rising consumer demand for fast food and processed food products. Anhydrous milk fat is extensively used in the dairy industry to prepare items like reconstituted milk and products such as whole milk, cheese, spreads, and ice cream, among others. The dairy segment, among other end-use sectors, leads the global industry, accounting for a significant share in the industry. The dairy segment is followed by the bakery and confectionery segments.

While countries such as Australia and New Zealand account for the majority of anhydrous milk fat consumption, with the growing awareness regarding the benefits of a vegan diet as well as the rising popularity of fusion food products in the European Union and the United States, the regions are expected to further drive the industry growth.

 

Anhydrous Milk Fat (Butter Oil) Market by End Use

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Properties and Applications

Anhydrous milk fat or AMF (butter oil) is prepared by separating oil fat from cream or milk via the centrifugation process. It has a creamy texture, high nutrition content, and is very buttery. It contains 99.8% dairy fat and is used as a substitute to butter or other fats for preparing reconstituted milk or dairy produce, as well as for culinary preparations at both the industrial and domestic levels. As AMF has low water content, it can be preserved easily, and for a more extended period of time.

On the basis of end-use, the global anhydrous milk fat (butter oil) industry can be divided into:

  • Dairy 
  • Bakery 
  • Confectionery 
  • Others

The report also covers the regional anhydrous milk fat markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Anhydrous Milk Fat (Butter Oil) Market by Region

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Market Analysis

The global market for anhydrous milk fat (butter oil) is being driven by the thriving food and beverage industry. The growing demand for processed food is supporting the growth of the industry. The growing consumption of dairy products like cheese and spreads, particularly in developed regions, is aiding the industry growth. The growing investments in the dairy industry to expand the production capabilities are expected to provide a boost to the market globally.

The anhydrous milk fat is rich in calcium and contains essential nutrients, including vitamins A, D, E, and K2, and thus, is being preferred by consumers to maintain a healthy body. Also, it is free from any additives, preservatives, and fatty acids, leading to its increased consumption. The longer shelf life of the product, owing to the presence of low moisture content, makes it a preferred choice of use among manufacturers, which is propelling the market further.

With the rising disposable incomes and growing consumer inclination towards western taste, particularly in emerging nations, the demand for products like cheese and others is growing, leading to the rise in demand for anhydrous milk fat. Moreover, the product finds various applications in the fast-food industry, which is expected to grow at a significant rate over the forecast period, which in turn, will aid the growth of the overall anhydrous milk fat market.

 

Competitive Landscape

The report gives a detailed analysis of the following companies in the global market for anhydrous milk fat (butter oil), covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Dairy Farmers of America
  • NUMIDIA BV 
  • FrieslandCampina

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis. The report covers the macro and micro aspects of the market. It also analyses the regional price trends of anhydrous milk fat (butter oil) for the historical (2016-2020) and forecast (2021-2026).

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End Use, Region
Breakup by End Use Dairy, Bakery, Confectionery, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Dairy Farmers of America, NUMIDIA BV, FrieslandCampina
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Anhydrous Milk Fat (Butter Oil) Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Anhydrous Milk Fat (Butter Oil) Historical Market (2016-2020) 
    8.3    Global Anhydrous Milk Fat (Butter Oil) Market Forecast (2021-2026)
    8.4    Global Anhydrous Milk Fat (Butter Oil) Market by End Use
        8.4.1    Dairy
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Bakery
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Confectionery
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Anhydrous Milk Fat (Butter Oil) Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Manufacturing Process

    12.1    Detailed Process Flow
    12.2    Operations Involved
    12.3    Mass Balance
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    13.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
14    Project Details, Requirements and Costs Involved
    14.1    Land Requirements and Expenditures
    14.2    Construction Requirements and Expenditures
    14.3    Plant Machinery
    14.4    Machinery Pictures
    14.5    Raw Material Requirements and Expenditures
    14.6    Raw Material and Final Product Pictures
    14.7    Packaging Requirements and Expenditures
    14.8    Transportation Requirements and Expenditures
    14.9    Utility Requirements and Expenditures
    14.10    Manpower Requirements and Expenditures
    14.11    Other Capital Investments
15    Project Economics
    15.1    Capital Cost of the Project
    15.2    Techno-Economic Parameters
    15.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    15.4    Taxation and Depreciation
    15.5    Income Projections
    15.6    Expenditure Projections
    15.7    Financial Analysis
    15.8    Profit Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players Market Share
    16.3    Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
        16.3.1    Dairy Farmers of America
            16.3.1.1    Company Overview
            16.3.1.2    Product Portfolio
            16.3.1.3    Demographic Reach and Achievements
            16.3.1.4    Financial Summary
            16.3.1.5    Certifications
        16.3.2    NUMIDIA BV 
            16.3.2.1    Company Overview
            16.3.2.2    Product Portfolio
            16.3.2.3    Demographic Reach and Achievements
            16.3.2.4    Financial Summary
            16.3.2.5    Certifications
        16.3.3    FrieslandCampina
            16.3.3.1    Company Overview
            16.3.3.2    Product Portfolio
            16.3.3.3    Demographic Reach and Achievements
            16.3.3.4    Financial Summary
            16.3.3.5    Certifications
17    Industry Events and Developments


List of Figures and Tables

1.    Global Anhydrous Milk Fat (Butter Oil) Market: Key Industry Highlights, 2016 and 2026
2.    Global Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by End Use (USD Billion), 2016-2020
3.    Global Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by End Use (USD Billion), 2021-2026
4.    Global Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by Region (USD Billion), 2016-2020
5.    Global Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by Region (USD Billion), 2021-2026
6.    North America Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by Country (USD Billion), 2016-2020
7.    North America Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by Country (USD Billion), 2021-2026
8.    Europe Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    Europe Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Asia Pacific Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Asia Pacific Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Latin America Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Latin America Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Middle East and Africa Anhydrous Milk Fat (Butter Oil) Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Middle East and Africa Anhydrous Milk Fat (Butter Oil) Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    North America Historical Price Trends and Forecast 2016-2026
17.    Europe Historical Price Trends and Forecast 2016-2026
18.    Asia Pacific Historical Price Trends and Forecast 2016-2026
19.    Latin America Historical Price Trends and Forecast 2016-2026
20.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
21.    Global Anhydrous Milk Fat (Butter Oil) Market Structure

Key Questions Answered in the Report

In 2020, the global anhydrous milk fat (butter oil) market attained a value of nearly USD 3.1 billion.

The market is projected to grow at a CAGR of 11.6% in the forecast period of 2021-2026.

By 2026, the market is estimated to attain a value of nearly USD 6 billion.

The market is being driven by the growth of the overall food and beverages industry, growing consumption of processed food, rising dairy consumption, and increasing investments into the dairy industry.

The market is being driven by the growth of the overall food and beverages industry, growing consumption of processed food, rising dairy consumption, and increasing investments into the dairy industry.

Westernisation of tastes and rising health consciousness among consumers are the major trends that are expected to guide the industry growth.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading region in the market.

The dairy industry is the leading end-use segment in the industry.

Dairy Farmers of America, NUMIDIA BV, and FrieslandCampina are the leading players in the market.

Analyst Review

The global anhydrous milk fat (butter oil) market attained a value of USD 3.1 billion in 2020 driven by the rising investments in the dairy industry and the growing consumption of processed foods. Aided by the growth of the market in regions like North America and Europe, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 11.6%. The market is projected to reach USD 6 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of end-use, the dairy sector accounts for the largest share in the global market. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Dairy Farmers of America, NUMIDIA BV, and FrieslandCampina.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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