Anhydrous Milk Fat Market Price Trend 2022-2027: Size, Key Players, Growth and Industry Report

According to the latest report by IMARC Group, titled "Anhydrous Milk Fat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global anhydrous milk fat market reached a value of US$ 2.49 Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.5% during 2022-2027.

Anhydrous milk fat (AMF) is primarily obtained by separating oil fat from cream or milk using centrifugation. The water is removed, and the extracted fat concentrate contains at least 99.8% pure milk fat. AMF is whitish-yellow in color, has a very buttery and creamy texture, and is free from additives, preservatives, fatty acids, etc. It also contains high quantities of calcium as well as vitamins A, D, E and K2, which are essential to maintain a healthy lifestyle. AMF is utilized in numerous culinary preparations across the industrial and domestic segments as an alternative to butter or other fats.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Anhydrous Milk Fat Market Trends:

The growing awareness about the various product benefits, such as longer shelf life, ease of storage, portability, etc., is among the key factors driving the anhydrous milk fat (butter oil) market across the globe. In line with this, owing to its low moisture content, AMF can be stored at low temperatures for several months without turning putrid, unlike butter, which is acting as another significant growth-inducing factor. Additionally, the elevating utilization of the product in the food sector for preparing dairy spreads, driven by its lubricity, plasticity, firmness, viscosity, etc., is also augmenting the global market. Apart from this, the increasing product availability through the rapidly expanding e-commerce platforms and the enhancement of production capabilities by several market players are expected to stimulate the anhydrous milk fat (butter oil) market in the coming years.

Anhydrous Milk Fat Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the anhydrous milk fat (butter oil) market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these Key Players Include:

Fonterra
Dairy Farmers of America
Hilmar Cheese Company
Murray Goulburn
Westland Milk Products
Synlait Milk Limited

Key Market Segmentation:

The report has segmented the anhydrous milk fat (butter oil) market on the basis of  end-use and region.

Breakup by End-Use:

Dairy
Bakery
Confectionary
Others

Regional Insights:

Oceania
Europe
North America
Asia
Latin America
Middle East and Africa

Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=706&flag=E

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Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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