Global skimmed milk market is expected to gain traction owing to rising demand for non-fat milk and healthy derivatives. Skimmed milk is obtained after removing the fat from the milk with the same amount of protein, calcium, and other nutrients as they are in the traditional milk.
The global skimmed milk market can witness high growth in the near future owing to various growth factors. Due to its wide application in food industry, as it is required in cooking bakery and confectionary items, the growth can be lucrative. Furthermore, skimmed milk is a good alternative as an intake given to infants by breastfeeding mothers if they are intolerant to breast milk or due to some reason mother is not able to offer milk. Also, due to time constraints and work, women tend to offer skimmed milk to their infants which is also a contributing factor driving the market.
The skimmed milk offers protein, calcium, vitamins and minerals needed for infant growth. Besides, skimmed milk comprise of potassium which offers high muscle growth & strength and keeps blood pressure in control, thus is consumed by geriatric population too. Although, there are numerous benefits of skimmed milk, some restraints for instance, some anti-bodies which are obtained by breastmilk are absent in skimmed milk which can cause baby’s immune system to develop weak. Also, artificially made milk cannot be as good as natural breastmilk which can make it difficult to digest for the baby. Therefore, indigestion and such causes are an hinderance which can downgrade the market growth.
The global skimmed milk market is bifurcated into type, application and region. On the basis of type, the market is segmented into butter, milk, cheese, yogurt, and others. The application segment of the market is divided into bakery, confectionary, diary, prepared mix, and others.
Asia Pacific is estimated to be the largest share-holding region for global skimmed milk market in the upcoming years. Due to large and ever-growing population in India & China and changing their food preferences as per various dietary measures is contributing towards dominance of skimmed milk. Furthermore, increasing disposable income among adults and improved diary & confectionary measures may act as key growth prospects in the long run. Latin America is also expected to be driving faster owing to demand for diary-products such as cheese, milk, etc. Cheese is one of the most demanding products after yogurt and milk in Latin America. Europe is another fast-growing region owing to high consumption of dairy products and its applications in food & beverage and presence of various market players.
The key players in the global skimmed milk market are growing their presence with collaborations and acquisitions with other small start-ups. Product launches have become the key aspect of staying ahead in the competitiveness. Major companies in the sector include Arla Foods, Nova Dairy Products, Alpen Dairies, Dairy Farmers of America, Unilever, Fonterra Co-operative Group, Danone S.A., Amul, LACTALIS Ingredients, Nestle, Schreiber Foods, Saputo, among others. To cite, Lactalis ingredients, Germany, in 2020 launched a new skimmed milk powder suitable for condensed milk producers as heat stability and high quality is required in such production. The powder is natural and made from fresh pasteurized skimmed milk after given heat treatment which helps protein to get denatured and prevent its coagulation during the process of producing condensed milk.
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