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FEATURED COMPANIES
- Groupe Lactalis
- Meadow Foods Ltd.
- Royal FrieslandCampina NV
- Saputo Inc.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
The growing demand for several dairy products, including anhydrous milk fat products has resulted in the expansion of production capacities by vendors. For instance, in 2018, Amul, an Indian dairy brand, announced its plans to expand its business operations in the US by acquiring a manufacturing plant in Wisconsin. The company is planning to produce dairy products such as paneer, ghee, cheese, and butter at the new plant. In the same year, another Indian dairy brand Ananda Dairy announced its plans to set up a new processing plant in Uttar Pradesh, India. The company also has plans to launch over a thousand retail stores across India by 2020. The increasing investments in expanding production capabilities in the dairy industry will result in an increase in the production of various dairy products, including anhydrous milk fat. As a result of these factors, the global anhydrous milk fat (butter oil) market size is expected to grow at a CAGR of over 11% during the forecast period.
Market Overview
Increase in M&A
Key players in the anhydrous milk fat market are acquiring smaller market players to gain access to new products and technologies at lower costs. M&A activities are also helping companies to increase their market share. For instance, Groupe Lactalis acquired an Indian company, Prabhat Dairy Ltd. in January 2019. The increasing cases of M&A activities are boosting the growth of the market.
The increasing popularity of vegan diet
The growing awareness about the benefits of a vegan diet has encouraged several consumers to adopt a vegan lifestyle. The increasing popularity of veganism across countries such as the US, Canada, and Mexico is expected to hinder the growth of the market.
Competitive Landscape
The market is fairly fragmented with several payers occupying the market share.
Companies such as Fonterra Co-operative Group Ltd. and Groupe Lactalis have intensified the competition. Factors such as the increase in the number of M&A activities and the increasing investments to expand production capacities will provide significant growth opportunities for anhydrous milk fat manufacturers. Fonterra Co-operative Group Ltd., Groupe Lactalis, Meadow Foods Ltd., Royal FrieslandCampina NV, and Saputo Inc. are some of the major companies covered in this report.
Market Overview
Increase in M&A
Key players in the anhydrous milk fat market are acquiring smaller market players to gain access to new products and technologies at lower costs. M&A activities are also helping companies to increase their market share. For instance, Groupe Lactalis acquired an Indian company, Prabhat Dairy Ltd. in January 2019. The increasing cases of M&A activities are boosting the growth of the market.
The increasing popularity of vegan diet
The growing awareness about the benefits of a vegan diet has encouraged several consumers to adopt a vegan lifestyle. The increasing popularity of veganism across countries such as the US, Canada, and Mexico is expected to hinder the growth of the market.
Competitive Landscape
The market is fairly fragmented with several payers occupying the market share.
Companies such as Fonterra Co-operative Group Ltd. and Groupe Lactalis have intensified the competition. Factors such as the increase in the number of M&A activities and the increasing investments to expand production capacities will provide significant growth opportunities for anhydrous milk fat manufacturers. Fonterra Co-operative Group Ltd., Groupe Lactalis, Meadow Foods Ltd., Royal FrieslandCampina NV, and Saputo Inc. are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Groupe Lactalis
- Meadow Foods Ltd.
- Royal FrieslandCampina NV
- Saputo Inc.
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits:
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Groupe Lactalis
- Meadow Foods Ltd.
- Royal FrieslandCampina NV
- Saputo Inc.
The following companies are recognised as the key players in the global anhydrous milk fat (butter oil) market: Fonterra Co-operative Group Ltd., Groupe Lactalis, Meadow Foods Ltd., Royal FrieslandCampina NV, and Saputo Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the new packaging initiatives by vendors.”
According to the report, one of the major drivers for this market is the increasing investments in expanding production capabilities.
Further, the report states that one of the major factors hindering the growth of this market is the increasing popularity of vegan diet among consumers.
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 a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the new packaging initiatives by vendors.”
According to the report, one of the major drivers for this market is the increasing investments in expanding production capabilities.
Further, the report states that one of the major factors hindering the growth of this market is the increasing popularity of vegan diet among consumers.
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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Fonterra Co-operative Group Ltd.
- Groupe Lactalis
- Meadow Foods Ltd.
- Royal FrieslandCampina NV
- Saputo Inc.
Note: Product cover images may vary from those shown
