Industry Background:
Skimmed milk, also known as nonfat milk, is a smart dietary choice because all the fat has been removed. Skimmed milk is sometimes consumed with the purpose of reducing or limiting calorie consumption. It is loaded with protein, calcium, phosphorous, vitamin A and vitamin D. Many of these nutrients aid build and maintain strong muscles, bones and teeth. A cup of skim milk offers about 8 grams of protein, but just 90 calories. The protein in skim milk comprises all essential amino acids our body needs daily, making skim milk a source of high-quality, complete protein. Protein also helps in healthy weight management because it boosts satiety and energy expenditure.
This growth is primarily driven by Increasing Demand from End Use Applications and High Nutritional Profile of Skimmed Milk.
Globally, a noticeable market trend is evident Rise in Use of Skimmed Milk in Food Industry. Major Vendors, such as Alpen Dairies (Netherlands), Amul (India), Arla Foods (Denmark), Dairy Farmers of America Inc. (United States), Danone S.A. (France), Fonterra Co-operative Group Limited (New Zealand), LACTALIS Ingredients (France), Nestle S.A. (Switzerland), Saputo Inc. (Canada) and Schreiber Foods Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On April 15, 2019 - Saputo Inc. has completed today announced the acquisition of Dairy Crest Group plc ("Dairy Crest"), a United Kingdom-based dairy company.
Regulatory Insights:
The Class I skim milk price formula for milk pooled under Federal milk marketing orders (FMMO) as required by the Agriculture Improvement Act of 2018 (2018 Farm Bill). Under the amended price formula, the Class I skim milk price will be the simple average of the monthly advanced pricing factors for Class III and Class IV skim milk, plus
.74 per cwt, plus the applicable adjusted Class I differential.
Market Drivers
- Increasing Demand from End Use Applications
- High Nutritional Profile of Skimmed Milk
Market Trend
- Rise in Use of Skimmed Milk in Food Industry
Restraints
- Adverse Effects of Skimmed Milk on Human Health
- Increasing Usage of Dairy Alternative Based Products
Opportunities
High Usage of Skimmed Milk for Production of Casein and Caseinates
Challenges
High Price of Skimmed Milk
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Skimmed Milk Study Sheds Light on
The Skimmed Milk Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Skimmed Milk industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Skimmed Milk industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.