The new EMR report titled “Global Low Fat Dairy Products Market Report and Forecast 2021-2026‘, gives an in-depth analysis of the Global Low Fat Dairy Products Market, assessing the market based on its segments such as type, distribution channel and major regions like North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 4%
The market for low fat dairy products has witnessed substantial growth due to factors such as increasing awareness of health benefits and increasing prevalence of diseases such as obesity worldwide caused by milk consumption ordinary. Also, increased knowledge across different industries provides huge market opportunity for key players in Low Fat Dairy Products market. Health experts also suggest that low-fat dairy products be consumed during pregnancy to meet the nutritional needs of calcium, vitamins and minerals, which are essential for the health of mothers and fetuses. In addition, the increasing emphasis on investment in R&D activities in the dairy industry stimulates new product technologies and product improvements, which translates into indirect support for low-fat dairy products. greasy. Additionally, the food industry’s growing demand for low-fat yogurts and other fat-free products is encouraging the growth of the low-fat dairy industry.
Industry definition and major segments
Items made from milk but with less fat are called low-fat dairy products. Low-fat dairy products include, but are not limited to, cheese, skim milk, ice cream, and yogurt. The taste, flavor and texture of these products are similar to dairy products made from whole milk. These are prepared, along with microbes and pathogens, by a centrifugal process involving the separation of milk fat.
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According to type, the industry is divided into:
- Low fat butter
- low fat cheese
- low fat yogurt
- Low fat ice cream
- Reduced fat margarine
- Fat Free Condensed Milk
- Skimmed milk
On the basis of distribution channel, the industry is split into:
- Supermarkets and Hypermarkets
- Grocery store
Regional markets for low-fat dairy products include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Geographically, due to the high consumption of low-fat dairy products in these countries, North America and Europe are the leading regions in the global low-fat dairy market. APAC, Latin America and MEA regions are expected to witness significant growth in the low fat dairy market over the projected period. Low-fat and low-sugar alternatives with the same decadent taste and feel are still essential in the dairy group, given growing concerns about obesity in adults and children. Yet no one is ready to give up refined taste and texture. The high prevalence of lactose intolerance in some regions, up to 90% in parts of Africa and Asia, is another common health problem, which requires lactose-free solutions in all types of products. dairy, as well as digestive health services. like probiotics and soluble fiber. Finally, high-protein products continue to attract the attention of customers looking for benefits in weight loss, muscle recovery, or simply better nutrition.
Main market players
The major market players are Arla Foods amba, Danone SA, Fonterra Co-Operative Group Limited, Gujarat Cooperative Milk Marketing Federation Ltd. and among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Footnote 2: As the novel coronavirus (COVID-19) continues to spread across the globe, our analysts are constantly monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analysis on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
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