Report overview
Anhydrous milk fat, also known as anhydrous butteroil, ghee, and butteroil, is a product derived from cream or butter which involves almost total removal of water and non-fat solids thus making the fat content in anhydrous milk fat more than 99% of the total volume. Though anhydrous milk fat is a modern industrial product, but it has its roots established in the ancient traditional culture of India and Arab countries where Ghee, a dairy product with more protein and more characteristic flavor than anhydrous milk fat is consumed from centuries.
This report aims to provide a comprehensive presentation of the global market for Anhydrous Milk Fat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Anhydrous Milk Fat. This report contains market size and forecasts of Anhydrous Milk Fat in global, including the following market information:
Global Anhydrous Milk Fat Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Anhydrous Milk Fat Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Anhydrous Milk Fat companies in 2022 (%)
The global Anhydrous Milk Fat market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Demand for AMF is increasing as an ingredient due to its high stability and longer shelf life. Anhydrous milk fat can be stored for several months at low temperature while at the same temperature butter turns putrid after some time and requires at least ?25?C temperature for storage. Unlike butter, AMF can be transported without refrigeration which increases its functionality and ease of use which is anticipated to drive the growth of anhydrous milk fat in developing regions, especially Asia-Pacific where there is lack of infrastructure over the supply chain and lack of proper storage facilities, which limits refrigerated products to major urban conglomeration. AMF finds its use as an ingredient in various products such as caramels, toffees, chocolate and imitation chocolate, fudges, flavors, recombined UHT milk, evaporated milk, ice cream, cheese and yogurt, soups & sauces, dairy spreads etc. as it is easy to mix and meter into other products which is expected to drive the growth of anhydrous milk fat over the forecast period.
We surveyed the Anhydrous Milk Fat manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Anhydrous Milk Fat Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Anhydrous Milk Fat Market Segment Percentages, by Type, 2022 (%)
Organic Anhydrous Milk Fat
Conventional Anhydrous Milk Fat
Global Anhydrous Milk Fat Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Anhydrous Milk Fat Market Segment Percentages, by Application, 2022 (%)
Bakery
Flavours
Dairy Products
Soups & Sauces
Dairy Spreads
Ice Cream
Processed Cheese
Others
Global Anhydrous Milk Fat Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Anhydrous Milk Fat Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Anhydrous Milk Fat revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Anhydrous Milk Fat revenues share in global market, 2022 (%)
Key companies Anhydrous Milk Fat sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Anhydrous Milk Fat sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arla Foods Ingredients
FrieslandCampina
Uelzena Ingredients
Fonterra Co-operative Group Limited
Murray Goulburn
Flechard
Dairy Crest Group
Groupe Lactalis
Land O'Lakes
Glanbia ingredients
Royal VIN Buisman
Flanders Milk
Marsh's Dairy Products
Meadow Foods
The Tatua Co-operative Dairy Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Anhydrous Milk Fat, market overview.
Chapter 2: Global Anhydrous Milk Fat market size in revenue and volume.
Chapter 3: Detailed analysis of Anhydrous Milk Fat manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Anhydrous Milk Fat in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Anhydrous Milk Fat capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
