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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:
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| Breakup by Nature |
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| Breakup by Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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