PUBLISHER: TechNavio | PRODUCT CODE: 1384542
PUBLISHER: TechNavio | PRODUCT CODE: 1384542
Anhydrous Milk Fat (Butter Oil) Market 2024-2028
The anhydrous milk fat (butter oil) market is forecasted to grow by USD 1,573.22 mn during 2023-2028, accelerating at a CAGR of 7.51% during the forecast period. The report on the anhydrous milk fat (butter oil) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
Market Scope | |
---|---|
Base Year | 2023 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.35% |
CAGR | 7.51% |
Incremental Value | $1573.22mn |
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising consumer demand for premium and specialty products, increasing demand for anhydrous milk fat (butter oil) due to growth in food processing industry, and long shelf life and versatility of anhydrous milk fat (butter oil).
Technavio's anhydrous milk fat (butter oil) market is segmented as below:
By Distribution Channel
By Product
By Geographical Landscape
This study identifies the increasing demand for clean label and natural products as one of the prime reasons driving the anhydrous milk fat (butter oil) market growth during the next few years. Also, growing prevalence of flavored and specialty anhydrous milk fat (butter oil) and increase in demand for anhydrous milk fat (butter oil) due to growth of e-commerce platforms and direct-to-consumer sales C will lead to sizable demand in the market.
The report on the anhydrous milk fat (butter oil) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading anhydrous milk fat (butter oil) market vendors that include Asha Ram and Sons Pvt. Ltd., Corlasa, DagangHalal.com, Dairy Farmers of America Inc., Eximcan Canada, Fonterra Cooperative Group Ltd., Food and Biotech Engineers India Pvt Ltd., Foodcom SA, Geris, Groupe Lactalis, Inner Mongolia Yili Industrial Group Co. Ltd., Interfood Corp., NUMIDIA BV, POLMLEK GROUP CENTRAL, Royal FrieslandCampina NV, Savencia SA, SG Foods, Synlait Ltd., Uelzena Group, and UGA Group. Also, the anhydrous milk fat (butter oil) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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