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With a predicted CAGR of 9.3% from 2024–2031, the worldwide skimmed milk market is expected to grow from an initial valuation of $9,895 million in 2023 to a total value of $16,499 million in 2031.
The process of skimming, which entails removing the cream from milk, yields skim milk, also known as non-fat milk or fat-free milk. The amount of fat in it is 0.005%. Skim milk is an excellent source of complete protein since it is rich in protein, calcium, phosphorus, vitamin D, and vitamin A. Maintaining a healthy weight and developing strong bones, teeth, and muscles are both aided by this. Additionally, it adds nutritional value to many dishes, including baked goods, confections, and sweets, since it includes the same nutrients as fresh milk in the same relative amounts. Skimmed milk has several uses in the food business and is becoming more well-known for its health benefits, which is driving the market even further.
The fat content in skimmed milk is minimal, if any, at all. Skimming the milk removes the cream, leaving only a 0.00-0.5% residual fat content, which is used to make it. Compared to whole milk, skimmed milk is lower in fat (0.1% on average) and richer in protein and calcium. It contains less sugar and calories while being thinner and lighter in texture. After the fat is removed, the milk still contains nearly all of the nutrients, including vitamin A, vitamin D, and phosphorus. Skim milk, rather than full cream milk, is recommended by many health experts as a healthier alternative due to the various health benefits it offers. Milk is generally considered a good choice for a balanced diet.
A cup of skim milk is a good source of protein, vitamin B12, thiamine, and riboflavin, but it also comprises about 80 to 90 calories. The abundance of minerals in it includes zinc, selenium, potassium, phosphorus, magnesium, and calcium. In addition to aiding with weight management, these nutrients promote healthy muscle, tooth, and bone development. Confections and baked goods benefit from its use since it adds taste and thickens the food while extending its shelf life. Since it contains the same amount of nutrients as full cream milk, it has mostly supplanted it in dairy products. On the other hand, diabetes and hypoglycemia can develop in people whose skim milk has additional sugar. The main factor driving the rise of the skimmed milk market is its nearly identical nutritious content to full cream milk.
Skim milk's popularity has been driven by the rising need for a milk alternative that is low in saturated fats and high in protein and calcium. Many people are looking for fat-free skimmed milk since they have heard about the dangers of saturated fats. Many people have started to cut out fat-rich foods and replace them with fat-free skim milk because of the alarming rates of obesity and its consequences. Fitness fanatics and people watching their calorie intake are also driving up the consumption of skim milk. There will likely be an uptick in sales of skim milk due to new diet trends like the ketogenic diet. Consumers have been drawn to skim milk products due to the increasing prevalence of obesity in both urban and rural areas, as well as the increased visibility of skim milk in television commercials and other promotional initiatives. Skim milk's demand has been driven up by its many uses in various culinary products, including baked goods, chocolates, baby food, frozen desserts, and fermented milk products.
With an emphasis on the worldwide market trend analysis, the "Global Skimmed Milk Market Analysis to 2028" provides a detailed and expert examination of the food and drink sector. The purpose of this research is to offer a synopsis of the skimmed milk industry by breaking it down into distinct submarkets according to region, distribution channel, application, and source of supply. We anticipate that the worldwide market for skimmed milk will expand at a rapid pace over the next few years. In addition to outlining important trends and possibilities in the skimmed milk market, the research gives crucial statistics on the market status of the top companies in the industry.
It is anticipated that the worldwide skimmed milk market would exhibit a steady pace of expansion over the projected years. The research focuses on the main geographical regions that make up a large portion of the industry and presents the current situation there. A sizeable chunk of the worldwide skimmed milk market is controlled by the major players in the sector. In addition, the study includes a competitive analysis of the market to give a general idea of the companies' positions and the potential impacts of forthcoming companies on the net value.
Report Coverage
Global Skimmed Milk research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Skimmed Milk report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Skimmed Milk competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Skimmed Milk market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Skimmed Milk market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Skimmed Milk market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amul, LACTALIS Ingredients, Fonterra Co-operative Group Limited, Dairy Farmers of America Inc., Schreiber Foods Inc., Saputo Inc., Arla Foods, Danone S.A., Nestle S.A., Alpen Dairies
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Skimmed Milk market based on the below-mentioned segments:
Global Skimmed Milk market, By Application
Bakery
Confectionery
Dairy
Prepared Mix
Others (Nutritional Food, Ice-cream, Infant Formula, Soup, and Sauce)
Global Skimmed Milk Market, By Distribution Channel
Supermarket
Hypermarket
Convenience Store
Online Store
Wholesaler
Global Skimmed Milk market, Regional Analysis
The process of skimming, which entails removing the cream from milk, yields skim milk, also known as non-fat milk or fat-free milk. The amount of fat in it is 0.005%. Skim milk is an excellent source of complete protein since it is rich in protein, calcium, phosphorus, vitamin D, and vitamin A. Maintaining a healthy weight and developing strong bones, teeth, and muscles are both aided by this. Additionally, it adds nutritional value to many dishes, including baked goods, confections, and sweets, since it includes the same nutrients as fresh milk in the same relative amounts. Skimmed milk has several uses in the food business and is becoming more well-known for its health benefits, which is driving the market even further.
The fat content in skimmed milk is minimal, if any, at all. Skimming the milk removes the cream, leaving only a 0.00-0.5% residual fat content, which is used to make it. Compared to whole milk, skimmed milk is lower in fat (0.1% on average) and richer in protein and calcium. It contains less sugar and calories while being thinner and lighter in texture. After the fat is removed, the milk still contains nearly all of the nutrients, including vitamin A, vitamin D, and phosphorus. Skim milk, rather than full cream milk, is recommended by many health experts as a healthier alternative due to the various health benefits it offers. Milk is generally considered a good choice for a balanced diet.
A cup of skim milk is a good source of protein, vitamin B12, thiamine, and riboflavin, but it also comprises about 80 to 90 calories. The abundance of minerals in it includes zinc, selenium, potassium, phosphorus, magnesium, and calcium. In addition to aiding with weight management, these nutrients promote healthy muscle, tooth, and bone development. Confections and baked goods benefit from its use since it adds taste and thickens the food while extending its shelf life. Since it contains the same amount of nutrients as full cream milk, it has mostly supplanted it in dairy products. On the other hand, diabetes and hypoglycemia can develop in people whose skim milk has additional sugar. The main factor driving the rise of the skimmed milk market is its nearly identical nutritious content to full cream milk.
Skim milk's popularity has been driven by the rising need for a milk alternative that is low in saturated fats and high in protein and calcium. Many people are looking for fat-free skimmed milk since they have heard about the dangers of saturated fats. Many people have started to cut out fat-rich foods and replace them with fat-free skim milk because of the alarming rates of obesity and its consequences. Fitness fanatics and people watching their calorie intake are also driving up the consumption of skim milk. There will likely be an uptick in sales of skim milk due to new diet trends like the ketogenic diet. Consumers have been drawn to skim milk products due to the increasing prevalence of obesity in both urban and rural areas, as well as the increased visibility of skim milk in television commercials and other promotional initiatives. Skim milk's demand has been driven up by its many uses in various culinary products, including baked goods, chocolates, baby food, frozen desserts, and fermented milk products.
With an emphasis on the worldwide market trend analysis, the "Global Skimmed Milk Market Analysis to 2028" provides a detailed and expert examination of the food and drink sector. The purpose of this research is to offer a synopsis of the skimmed milk industry by breaking it down into distinct submarkets according to region, distribution channel, application, and source of supply. We anticipate that the worldwide market for skimmed milk will expand at a rapid pace over the next few years. In addition to outlining important trends and possibilities in the skimmed milk market, the research gives crucial statistics on the market status of the top companies in the industry.
It is anticipated that the worldwide skimmed milk market would exhibit a steady pace of expansion over the projected years. The research focuses on the main geographical regions that make up a large portion of the industry and presents the current situation there. A sizeable chunk of the worldwide skimmed milk market is controlled by the major players in the sector. In addition, the study includes a competitive analysis of the market to give a general idea of the companies' positions and the potential impacts of forthcoming companies on the net value.
Report Coverage
Global Skimmed Milk research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Skimmed Milk report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Skimmed Milk competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Skimmed Milk market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Amul, LACTALIS Ingredients, Fonterra Co-operative Group Limited, Dairy Farmers of America Inc., Schreiber Foods Inc., Saputo Inc., Arla Foods, Danone S.A., Nestle S.A., Alpen Dairies |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Skimmed Milk Market from 2021 to 2031.
- Market Forecast for Skimmed Milk Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Skimmed Milk competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Skimmed Milk
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Skimmed Milk market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Skimmed Milk market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amul, LACTALIS Ingredients, Fonterra Co-operative Group Limited, Dairy Farmers of America Inc., Schreiber Foods Inc., Saputo Inc., Arla Foods, Danone S.A., Nestle S.A., Alpen Dairies
Primary Target Market
- Market Players of Skimmed Milk
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Skimmed Milk market based on the below-mentioned segments:
Global Skimmed Milk market, By Application
Bakery
Confectionery
Dairy
Prepared Mix
Others (Nutritional Food, Ice-cream, Infant Formula, Soup, and Sauce)
Global Skimmed Milk Market, By Distribution Channel
Supermarket
Hypermarket
Convenience Store
Online Store
Wholesaler
Global Skimmed Milk market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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