Market Outlook
Low fat dairy products are one of the examples of technological innovations in the dairy industry. Low fat dairy products offer the same taste as compared to the products that are prepared from whole milk. Low fat dairy products are prepared by the centrifugal process which separates fat from the milk along with the microbes and pathogens. The rising prevalence of diseases such as obesity due to the consumption of regular milk is surging the demand for low fat dairy products market across the globe. The clinical experts recommend the consumption of low fat dairy products during pregnancy as it provides calcium, vitamins and minerals that are important for the health of both mother and fetus.
However, the rising number of diabetic patients is also propelling the growth of low fat dairy products market. The dietary recommendations of federal agencies and health organizations support the consumption of low fat dairy products to consumers who are suffering from type II diabetes mellitus, colon cancer, and hypertension. Due to the abovementioned aspects, the market for low fat dairy products anticipated to grow over the upcoming years.
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The Health Beneficial Properties of Low Fat Dairy Products Coercing its Growth
Costumers across the globe have become more health-conscious and selecting healthy food options to retain a healthy life. Low fat dairy products offer several vital nutrients that are necessary to sustain good health. The surging number of overweight demographics that are shifting towards leading a healthy lifestyle is crafting a progressive impact on the low-fat dairy products market all around the world. However, the low fat dairy products offer a solid base of nutrients to aid obesity, as it has magnesium and calcium that form indigestible complexes which reduces the fat deposition. The minerals present in low fat dairy products also have a key role during bone metabolism process and arrest the bone loss during a strenuous workout. Protein molecules present in low fat dairy products prevents the wear and tear of muscles during exercise. The health benefits associated with the low fat dairy products surging its demand across the globe in functional food and nutraceuticals industry.
Global Low Fat Dairy Products: Market Segmentation Based on nature, low fat dairy products market can be segmented as-
- Organic
- Conventional
Based on packaging type, low fat dairy products market can be segmented as-
- Bottles
- Jars
- Metallic Containers
- Stand-Up Pouches
- Other
Based on applications, low fat dairy products market can be segmented as-
- Food
- Bakery
- Confectionary
- Snacks
- Desserts
- Ice-cream
- Frozen Food
- Sauces
- Others
- Beverage
- Juices
- Drinks
- Shakes
- Others
- Nutraceuticals
- Functional food
- Health Drinks
- Health Supplements
- Animal Feed
- Infant Formulations
Based on sales channel, low fat dairy products market can be segmented as-
- B2B (Direct Sales)
- B2C (Indirect Sales)
- Store-based Retailing
- Supermarket/Hypermarket
- Convenience Stores
- Groceries
- Specialty Stores
- Other Retailing Formats
- Online Retailing
- Store-based Retailing
Global Low Fat Dairy Products Market: Key Players
The key manufactures operating their business in low fat dairy products market include Amul (Gujarat Co-operative Milk Marketing Federation Ltd.), Dairy Farmers of America, Danone S.A., Megmilk Snow Brand Co. Ltd, Arla Foods Amba, and Fonterra Co-Operative Group Limited, Bunge Limited, Nestlé S.A., and Kerry Group plc among others.
Opportunities for Market Participants:
The advancement and focusing on investment in research and development in the dairy industry is increasing the innovations in product and also aiding in the development of new products in the global low fat dairy products market. This key feature is constructing vigorous progression in the low fat dairy products market across the globe. The increasing demand for low fat yogurt and other fat-free products in the food industry is indirectly enhancing the market for low fat dairy products. However, the growth in retail business is also driving the intake of low fat dairy products that are fueling the growth along with constructing growth prospects for the manufacturers to create innovative products to gain more momentum in the global market.
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