Market Outlook

Low fat dairy products are one of the examples of technological innovations in the dairy industry.  Low fat dairy products offer the same taste as compared to the products that are prepared from whole milk. Low fat dairy products are prepared by the centrifugal process which separates fat from the milk along with the microbes and pathogens. The rising prevalence of diseases such as obesity due to the consumption of regular milk is surging the demand for low fat dairy products market across the globe. The clinical experts recommend the consumption of low fat dairy products during pregnancy as it provides calcium, vitamins and minerals that are important for the health of both mother and fetus.

However, the rising number of diabetic patients is also propelling the growth of low fat dairy products market.  The dietary recommendations of federal agencies and health organizations support the consumption of low fat dairy products to consumers who are suffering from type II diabetes mellitus, colon cancer, and hypertension. Due to the abovementioned aspects, the market for low fat dairy products anticipated to grow over the upcoming years.

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The Health Beneficial Properties of Low Fat Dairy Products Coercing its Growth

Costumers across the globe have become more health-conscious and selecting healthy food options to retain a healthy life. Low fat dairy products offer several vital nutrients that are necessary to sustain good health. The surging number of overweight demographics that are shifting towards leading a healthy lifestyle is crafting a progressive impact on the low-fat dairy products market all around the world. However, the low fat dairy products offer a solid base of nutrients to aid obesity, as it has magnesium and calcium that form indigestible complexes which reduces the fat deposition. The minerals present in low fat dairy products also have a key role during bone metabolism process and arrest the bone loss during a strenuous workout. Protein molecules present in low fat dairy products prevents the wear and tear of muscles during exercise. The health benefits associated with the low fat dairy products surging its demand across the globe in functional food and nutraceuticals industry.

Global Low Fat Dairy Products: Market Segmentation                                                                                                                                                            Based on nature, low fat dairy products market can be segmented as-

  • Organic
  • Conventional

Based on packaging type, low fat dairy products market can be segmented as-

  • Bottles
  • Jars
  • Metallic Containers
  • Stand-Up Pouches
  • Other

Based on applications, low fat dairy products market can be segmented as-

  • Food
    • Bakery
    • Confectionary
    • Snacks
    • Desserts
    • Ice-cream
    • Frozen Food
    • Sauces
    • Others
  • Beverage
    • Juices
    • Drinks
    • Shakes
    • Others
  • Nutraceuticals
    • Functional food
    • Health Drinks
    • Health Supplements
  • Animal Feed
  • Infant Formulations

Based on sales channel, low fat dairy products market can be segmented as-

  • B2B (Direct Sales)
  • B2C (Indirect Sales)
    • Store-based Retailing
      • Supermarket/Hypermarket
      • Convenience Stores
      • Groceries
      • Specialty Stores
      • Other Retailing Formats
    • Online Retailing

Global Low Fat Dairy Products Market: Key Players

The key manufactures operating their business in low fat dairy products market include Amul (Gujarat Co-operative Milk Marketing Federation Ltd.), Dairy Farmers of America, Danone S.A., Megmilk Snow Brand Co. Ltd, Arla Foods Amba, and Fonterra Co-Operative Group Limited, Bunge Limited, Nestlé S.A., and Kerry Group plc among others.

Opportunities for Market Participants:

The advancement and focusing on investment in research and development in the dairy industry is increasing the innovations in product and also aiding in the development of new products in the global low fat dairy products market. This key feature is constructing vigorous progression in the low fat dairy products market across the globe. The increasing demand for low fat yogurt and other fat-free products in the food industry is indirectly enhancing the market for low fat dairy products. However, the growth in retail business is also driving the intake of low fat dairy products that are fueling the growth along with constructing growth prospects for the manufacturers to create innovative products to gain more momentum in the global market. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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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Low Fat Dairy Products Market