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The global low fat dairy products market is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.
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The global market of low fat dairy products is being driven by the increasing prevalence of diseases like obesity across the globe as the consequence of consuming regular milk. In addition, health experts recommend the consumption of low fat dairy products during pregnancy to fulfil the nutritional requirement of calcium, vitamins and minerals, which is crucial for the health of both mother and fetus. Further, the growing emphasis on investment in R&D activities in the dairy industry is boosting new innovations in products and product enhancement, as a result, indirectly aiding the low fat dairy products. Moreover, the rising demand for low fat yogurt and various fat-free products in the food industry is promoting the growth of low fat dairy products industry.
Low fat dairy products are referred to products developed from milk but have less fat content. The low fat dairy products include but not limited to cheese, skim milk, yogurt and ice cream. The taste, flavour, and texture of these products is similar to that of whole milk dairy products. These are prepared via centrifugal process which involves the separation of fat from the milk, along with the microbes and pathogens.
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On the basis of nature, the market is divided into:
Based on type, the industry can be segmented into:
By distribution channel, the industry is segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market growth of low fat dairy products is being driven by the rising awareness associated with the health benefits of consuming low-fat dairy products among the mass population. Further, the increasing number of obese population considering a lifestyle shift towards a healthy one, is positively affecting the market growth of low fat dairy products. In addition, the accelerating investment in dairy research and science is fostering product innovations within the low-fat dairy products industry. The ongoing R&D activities are facilitating robust growth in the global market of low-fat dairy products.
However, the market growth of low fat dairy products may hamper over the forecast period as preserving the original organoleptic properties like taste, texture, look and smell of low-fat dairy products becomes challenging after the removal of fat and excess sodium.
The report gives a detailed analysis of the following key players in the global low fat dairy products market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Type, Distribution Channel, Region |
Breakup by Nature | Organic, Conventional |
Breakup by Type | Low Fat Butter, Low Fat Cheese, Low Fat Yoghurt, Low Fat Ice Cream, Reduced Fat Margarine, Fat Free Condensed Milk, Skimmed Milk, Others |
Breakup by Distribution Channel | Supermarkets and Hypermarkets, Convenience Stores, Dairy Stores, Online, Others |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, 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 | Arla Foods amba, Danone S.A., Fonterra Co-Operative Group Limited, Gujarat Cooperative Milk Marketing Federation Ltd., Others |
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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Opportunities and Challenges in the Market
8 Global Low Fat Dairy Products Market Analysis
8.1 Key Industry Highlights
8.2 Global Low Fat Dairy Products Historical Market (2018-2023)
8.3 Global Low Fat Dairy Products Market Forecast (2024-2032)
8.4 Global Low Fat Dairy Products Market by Nature
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Low Fat Dairy Products Market by Type
8.5.1 Low Fat Butter
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Low Fat Cheese
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Low Fat Yoghurt
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Low Fat Ice Cream
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Reduced Fat Margarine
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Fat Free Condensed Milk
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Skimmed Milk
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Others
8.6 Global Low Fat Dairy Products Market by Distribution Channel
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Dairy Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Low Fat Dairy Products Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Low Fat Dairy Products Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Low Fat Dairy Products Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Low Fat Dairy Products Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Low Fat Dairy Products Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Low Fat Dairy Products Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2013-2021)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2013-2021)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2013-2021)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2013-2021)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Arla Foods amba
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Danone S.A.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Fonterra Co-Operative Group Limited
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Gujarat Cooperative Milk Marketing Federation Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
Additional Customisations Available:
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Materials
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Low Fat Dairy Products Market: Key Industry Highlights, 2018 and 2032
2. Global Low Fat Dairy Products Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Low Fat Dairy Products Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Low Fat Dairy Products Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5. Global Low Fat Dairy Products Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6. Global Low Fat Dairy Products Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Low Fat Dairy Products Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Low Fat Dairy Products Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Low Fat Dairy Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Low Fat Dairy Products Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Low Fat Dairy Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Low Fat Dairy Products Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Low Fat Dairy Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Low Fat Dairy Products Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Low Fat Dairy Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Low Fat Dairy Products Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Low Fat Dairy Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Low Fat Dairy Products Market Structure
The market is projected to grow at a CAGR of 4% between 2024 and 2032.
The major drivers of the market include rising health awareness, and the increasing obese population.
The key trends of the market include the growing emphasis on investment in research and development activities in the dairy market, and the growing lifestyle shift.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading natures in the market are organic and conventional.
The significant types of low fat dairy products in the market are low fat butter, low fat cheese, low fat yoghurt, low fat ice cream, reduced fat margarine, fat free condensed milk, and skimmed milk, among others.
The major distribution channels in the market are supermarkets and hypermarkets, convenience stores, dairy stores, and online, among others.
The key players in the low fat dairy products market are Arla Foods amba, Danone S.A., Fonterra Co-Operative Group Limited, and Gujarat Cooperative Milk Marketing Federation Ltd., among others.
The global low fat dairy products market is being driven by the rising lifestyle shift. Aided by the growing R&D activities, the market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, the market is bifurcated into organic and conventional. On the basis of type, the industry is divided into low fat butter, low fat cheese, low fat yoghurt, low fat ice cream, reduced fat margarine, fat free condensed milk, and skimmed milk, among others. By distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, dairy stores, and online, among others. The major regional markets for low fat dairy products are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arla Foods amba, Danone S.A., Fonterra Co-Operative Group Limited, and Gujarat Cooperative Milk Marketing Federation Ltd., among others.
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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