Cultured Non-Fat Dairy Ingredients Market Potential Growth, Share, Demand and Analysis of Key Players, Forecasts To 2028
According to the OECD (Organisation for Economic Co-operation and Development), in the year 2015, across the OECD countries, around 20% of the adult population was obese. Moreover, more than one in four adults is obese in countries such as Canada, United Kingdom, South Africa, etc. Over the past few years, the prevalence rate of obesity and overweight has surged, especially in United States & Canada and European countries such as France, Switzerland etc. and are expected to increase as forecasted in the below graph by OECD.
Attributed to these factors, a number of countries have initiated taxation policies over the past few years as means to increase the pricing of unhealthy products such as food products with high salt content, fat or sugar or beverages with high sugar content. In addition, a large spectrum of consumer awareness policies has been initiated by various countries which have created a negative halo effect for conventional food products thus creating a positive momentum for the low fat or non-fat food product henceforth creating a rapidly increasing traction of these products in major supermarket/hypermarket retail chains.
The organoleptic properties of dairy products coupled with their positive image among consumer makes them as most desirable ingredients in the food and beverage industry, however, their high-fat content has been a restraining factor of their growth over the decades which has increased the demand for non-fat dairy ingredients which have the fat content of 1.5% or less (by weight). Cultured non-fat dairy ingredients are dairy products obtained from fermentation by the action of suitable micro-organism either naturally or artificially.
Majority of cultured non-fat dairy ingredients are used in the production of non-fat dairy yogurt which has seen a meteoric growth in terms of consumption in developed cluster of countries aside from this non-fat dairy ingredient are also gaining popularity in developing countries among millennial owing increasing traction of low fat and non-fat dairy products, which is also expected to drive the growth of cultured non-fat dairy ingredient market over the forecast period
Global Cultured Non-Fat Dairy Ingredients Market: Key PlayersSome of the key players operating in the global Cultured Non-Fat Dairy Ingredients market are Fonterra Co-Operative Group, All American Food, Inc., SmithFoods, Inc, Agri-Mark, Inc, Land O’ Lakes, Inc, Dairy Farmers of America, Associated Milk Producers, Inc., Bluegrass Dairy & Food, Inc, Arion Dairy Products B.V., Innova Food Ingredients S.A. and Sterling Agro Industries Ltd among other Cultured Non-Fat Dairy Ingredients players
Key Data Points Covered in the on Cultured Non-Fat Dairy Ingredients Report –
Some of the key data points covered in our report on include:
- An overview of the market, including background and evolution
- Macroeconomic factors affecting the market and its potential
- Market dynamics, such as drivers, challenges and trends
- Detailed value chain analysis of the market
- Cost structure of the products and segments covered in the study
- In-depth pricing analysis, by key product segments, regions and by major participants in market
- Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
- Analysis of the market structure, including a tier-wise categorization of key market participants
- Competitive landscape of the market, including detailed profiles of the top players in this market
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The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
Global Cultured Non-Fat Dairy Ingredients: Market Segmentation
On the basis of the fermentation process, the global Cultured Non-Fat Dairy Ingredients market has been segmented as –
- Natural Cultured Non-Fat Dairy Ingredients
- Artificial Cultured Non-Fat Dairy Ingredients
On the basis of nature, the global Cultured Non-Fat Dairy Ingredients market has been segmented as-
- Organic Compliant and Citified Cultured Non-Fat Dairy Ingredients
- Kosher Certified Cultured Non-Fat Dairy Ingredients
- Conventional Cultured Non-Fat Dairy Ingredients
On the basis of form, the global Cultured Non-Fat Dairy Ingredients market has been segmented as –
- Cultured Non-Fat Dairy Ingredients in Liquid Form
- Cultured Non-Fat Dairy Ingredients in Powder form
On the basis of distribution channel, the global Cultured Non-Fat Dairy Ingredients market has been segmented as –
- Direct Sales of Cultured Non-Fat Dairy Ingredients –
- Indirect Sales of Cultured Non-Fat Dairy Ingredients
- Store based retailing of Cultured Non-Fat Dairy Ingredients
- Hypermarkets/Supermarkets
- Convenience stores
- Discount stores
- Independent Small Groceries
- Online retail of Cultured Non-Fat Dairy Ingredients
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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