Market Outlook 

Federal Milk Marketing Orders (FMMO), a U.S. organization government by the USDA, categorizes milk into four classes on the basis of its price, vale and the products obtained from it. Each class is used to derive different products. Class I milk is the milk used for the manufacturing of beverages or liquid milk; among all classes, this is the cheapest class by value. Class II milk is used in the manufacturing of soft products such as cheese, ice-cream, sour cream and yoghurt; this class is a tad more expensive than class I. Class III milk is used in the manufacturing of hard cheeses and is more expensive than class I & II milk. The milk used in industries for the production of nonfat dry milk or NFDM and butter is known as class IV milk and this class is priced higher than the rest. 

Use of Class IV Milk in Food Processing Industries 

Class IV milk is used to make butter, butter spread, and dry dairy products in primary and secondary food processing industries. In the primary food processing industry, class IV milk is dried to make dry milk products such as whole dry milk and non-fat dry milk. These products can be further used in making different food products such as dietary supplements. Class IV milk is also used to make butter and butter spreads, which can be used in different processed foods and staple foods. 

Global Class IV Milk Market: Segmentation 

On the basis of nature, the global class IV milk market has been segmented as-

  • Organic
  • Conventional

On the basis of end use, the global class IV milk market has been segmented as-

  • Butter
  • Butter Spreads
  • Milk Powders
  • Non-Fat Dairy Milk (NFDM) 

Global Class IV Milk: Market Participants 

Some of the topmost producers and suppliers of class IV milk include DAIRY FARMERS OF AMERICA, Gujarat Co-operative Milk Marketing Federation Ltd., Fonterra Co-operative Group, Vinamilk, Nestle S.A., NOW Foods, Groupe Lactalis S.A., Danone SA, Mudanjiang City farm, and Parag Milk Foods. More Industrialists and food manufacturers are showing a keen interest in the class IV milk as the demand for the products which comes under class IV milk products are escalating every year globally. 

  • Most of the producers for class IV milk are from Europe, Asia Pacific, and North America.

 

Opportunities for Market Participants: 

The growth of the food industry has been leading to an upsurge in the demand for class IV milk. Some class IV milk products are butter, spreads, and dry milks and dry dairy products. These products are used in various cuisines across various regions as flavor enhancing agents. Further, the growth of bakery and confectionery industries is expected to boost the demand for class IV milk as butter and butter spread are widely used in the baking of cookies and cakes. Also, urbanization and rising per capita income have changed consumer food preferences, which has been positively influencing the demand for class IV milk as class IV milk products are used in the manufacturing of various snacks and staple foods. Class IV milk is also used in the manufacturing of non-fat dairy milk, which is widely used in the food industry as its shelf life is much longer than that of regular liquid milk.  Non-fat dairy milk is also used in the manufacturing of dietary supplements, which has been creating additional demand for class IV milk. 

Global Class IV Milk Market: Regional Outlook 

The consumption of class IV milk is high in North America, Europe and Asia Pacific, due to the steady growth of dairy and food industries in these regions. The production of class IV milk is high in Asia Pacific, Europe, North America and some part of Latin America such as Brazil due to the high number of dairy farms. 

The class IV milk market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the class IV milk market, including but not limited to: regional markets, nature, and end use.

The study is a source of reliable data on: 

  • Class IV milk market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis 

The regional analysis covers: 

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa) 

The class IV milk market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the class IV milk market report projects the attractiveness of each major segment over the forecast period. 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Class Iv Milk Market

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