Cultured Non-Fat Dairy Ingredients Market Volume Forecast and Value Chain Analysis 2018 - 2028

According to the OECD (Organisation for Economic Co-operation and Development), in the year 2015, across the OECD countries, around 20% of the adult population was obese. Moreover, more than one in four adults is obese in countries such as Canada, United Kingdom, South Africa, etc. Over the past few years, the prevalence rate of obesity and overweight has surged, especially in United States & Canada and European countries such as France, Switzerland etc. and are expected to increase as forecasted in the below graph by OECD

. Attributed to these factors, a number of countries have initiated taxation policies over the past few years as means to increase the pricing of unhealthy products such as food products with high salt content, fat or sugar or beverages with high sugar content. In addition, a large spectrum of consumer awareness policies has been initiated by various countries which have created a negative halo effect for conventional food products thus creating a positive momentum for the low fat or non-fat food product henceforth creating a rapidly increasing traction of these products in major supermarket/hypermarket retail chains.

The organoleptic properties of dairy products coupled with their positive image among consumer makes them as most desirable ingredients in the food and beverage industry, however, their high-fat content has been a restraining factor of their growth over the decades which has increased the demand for non-fat dairy ingredients which have the fat content of 1.5% or less (by weight). Cultured non-fat dairy ingredients are dairy products obtained from fermentation by the action of suitable micro-organism either naturally or artificially.

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Majority of cultured non-fat dairy ingredients are used in the production of non-fat dairy yogurt which has seen a meteoric growth in terms of consumption in developed cluster of countries aside from this non-fat dairy ingredient are also gaining popularity in developing countries among millennial owing increasing traction of low fat and non-fat dairy products, which is also expected to drive the growth of cultured non-fat dairy ingredient market over the forecast period

Reasons for Covering this Title.

The demand for dairy products is growing swiftly across the globe as consumers appreciate the value of these products as great-tasting with quality nutrition which can be seen clearly in the below infographics which shows the per capita expenditure US$ on dairy products in Europe.
cultured non fat dairy ingredients market 1

However, lifestyle-related diseases which include diabetes, obesity, and various cardiac and heart-related disease are increasing. All these conditions are a result of unhealthy lifestyle led by consumers and are considered preventable or curable with better diets and certain lifestyle changes. Many of these conditions are due to consumption of high fat and low nutrition diets and food products. Rising awareness regarding these facts is resulting in increased global demand for enriched products that are also low in trans-fats, calories, and sugars, which is anticipated to drive the cultured non-fat dairy

According to WHO, over 1.9 billion adults (> 18 years of age) were overweight in the year 2014, with 600 million of these are obese.

This growing awareness is serving as a key driver for the market growth of cultured non-fat dairy ingredients as dairy-based ingredients are generally positioned as a satiety ingredient that is also perceived as natural.

Global Cultured Non-Fat Dairy Ingredients: Market Segmentation

On the basis of the fermentation process, the global Cultured Non-Fat Dairy Ingredients market has been segmented as –

Natural Cultured Non-Fat Dairy Ingredients
Artificial Cultured Non-Fat Dairy Ingredients

On the basis of nature, the global Cultured Non-Fat Dairy Ingredients market has been segmented as

Organic Compliant and Citified Cultured Non-Fat Dairy Ingredients
Kosher Certified Cultured Non-Fat Dairy Ingredients
Conventional Cultured Non-Fat Dairy Ingredients

On the basis of form, the global Cultured Non-Fat Dairy Ingredients market has been segmented as –

Cultured Non-Fat Dairy Ingredients in Liquid Form
Cultured Non-Fat Dairy Ingredients in Powder form

On the basis of distribution channel, the global Cultured Non-Fat Dairy Ingredients market has been segmented as –

Direct Sales of Cultured Non-Fat Dairy Ingredients -
Indirect Sales of Cultured Non-Fat Dairy Ingredients
Store based retailing of Cultured Non-Fat Dairy Ingredients
Hypermarkets/Supermarkets
Convenience stores
Discount stores
Independent Small Groceries
Online retail of Cultured Non-Fat Dairy Ingredients

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Global Cultured Non-Fat Dairy Ingredients Market: Key Players

Some of the key players operating in the global Cultured Non-Fat Dairy Ingredients market are Fonterra Co-Operative Group, All American Food, Inc., SmithFoods, Inc, Agri-Mark, Inc, Land O’ Lakes, Inc, Dairy Farmers of America, Associated Milk Producers, Inc., Bluegrass Dairy & Food, Inc, Arion Dairy Products B.V., Innova Food Ingredients S.A. and Sterling Agro Industries Ltd among other Cultured Non-Fat Dairy Ingredients players

Cultured Non-Fat Dairy Ingredients Market Opportunities:

Health and wellness has been a key driver for consumers for quite some time, however, in past people were more willing to sacrifice taste over health benefits, but currently the whole dynamic is changing as consumers want value products, which have similar taste and flavor to conventional products but are natural with low fat or nonfat, low sugar, etc. which has resulted in an increased traction of non-fat dairy products as dairy based products are perceived natural among consumers which have created immense opportunities in both developed and developing countries. Moreover, to meet the surging demand, the majority of key players in cultured non-fat dairy ingredient are working with their new product launches, strengthening their R&D departments and delivering valuable product in accordance with the trending consumer insights globally.

Brief Approach to Research on Cultured Non-Fat Dairy Ingredients Market

A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the on Cultured Non-Fat Dairy Ingredients Report -

Some of the key data points covered in our report on include:

An overview of the market, including background and evolution
Macroeconomic factors affecting the market and its potential
Market dynamics, such as drivers, challenges and trends
Detailed value chain analysis of the market
Cost structure of the products and segments covered in the study
In-depth pricing analysis, by key product segments, regions and by major participants in market
Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
Analysis of the market structure, including a tier-wise categorization of key market participants
Competitive landscape of the market, including detailed profiles of the top players in this market

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This release was published on openPR.