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The global skimmed milk market was valued at USD 11.83 Billion in 2022, which is anticipated to grow at a CAGR of 8.73% from 2023 to 2032. Skim milk, sometimes referred to as non-fat or fat-free milk, is made by skimming the milk, which removes the cream from the mixture. It has a fat content of 00.5%. Rich in protein, calcium, phosphorus, vitamin D, and vitamin A, skim milk is a premium source of complete protein. In addition to supporting good weight management, it helps to develop strong bones, teeth, and muscles. Additionally, it has the same relative amounts of nutrients as fresh milk, which is why it is used to provide nutritional value to a variety of meals, including sweets and baked products.
A common component of a person's diet since childhood has been milk. However, the less processed or full fat milk presented a distinct set of difficulties that led to a number of cardiovascular illnesses. The skim milk is not creamy at all and is also labelled as non-fat milk. Skim milk is kept apart from fats like this, unlike whole fat milk, which contains at least 3.25% fat and none of it is eliminated during processing. Skim milk and non-fat milk have been popular for a while, especially among label-conscious consumers who are concerned about the high fat content and diseases that are linked to it. Skim milk is chosen by both young and old since lipids in whole milk may drastically impact and raise LDL, or bad cholesterol. Skimmed milk is typically used to make the well-known Fillmjolk, which is one of the top-selling items in the Nordic region. The taste, clean labelling, and health-promoting values of skim milk and powdered milk have led millennials to begin consuming cheese and yoghurt prepared from these products. Since skim milk offers 10% of the recommended daily value (RDV) and maintains its overall protein content even after fortification, it is becoming more and more popular. The primary driver propelling the skim milk market forward in the projected term has been the rise in illness burdens along with the desire for a low-fat diet.
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The increasing health consciousness about the reduction of total fat intake- The term "fat" has long been challenged regarding its benefits or lack thereof. According to researchers, it's critical to understand the kind of fat one consumes because not all fats are created equal and can cause disease. On the other hand, milk consumption is often avoided by consumers. Skim milk accurately captures the emotion of the market, as those who adore milk may only use skimmed or even whole milk. Furthermore, skim milk's health advantages surpass those of its original form. For instance, 200 millilitres of whole milk provides about 7 grammes of protein overall; in contrast, skim milk provides nearly 7.4 grammes. Furthermore, skim milk has eighteen amino acids, which help to create muscle. Additionally, skim milk has 20 milligrammes more calcium than whole milk. Finally, the 50% difference in calories between skimmed and regular milk makes it a valuable selling point for marketers. Since 42.7% of Americans are overweight or obese, they are trying to cut back on their calorie intake.
The number of people who are lactose intolerant has increased, and plant-based milk has grown significantly- Globally, the number of persons who are lactose intolerant is rising along with the population. While skim milk is fat-free, it contains lactose, an ingredient that causes serious problems, as well as sugar alcohol. According to recent data, 68% of people worldwide are lactose intolerant. Furthermore, plant-based milk has been rapidly expanding and capturing that 68% of the market, enticing the remaining 32% with an alluring nutritious profile. For instance, a cup of pea milk contains 4–8 grammes of protein, whereas a cup of soy milk, depending on the brand, can have 7–20 grammes. These factors have hindered the growth of the market as a whole.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Europe emerged as the most significant global skimmed milk market, with a 38.54% market revenue share in 2022. In 2022, the European region produced over 160.1 million tonnes of raw milk, with an average milk yield per cow of 7,509 kg. Furthermore, Europe's bread and confectionery industries have been significant stakeholders, necessitating the use of both types of skim milk.
Europe Region Skimmed Milk Market Share in 2022 - 38.54%
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The form segment is divided into powder and liquid. The liquid segment dominated the market, with a market share of around 73.51% in 2022. The reason for this is the strong demand from households. Liquid skim milk is drunk by adults, newborns, and millennials in equal measure, increasing demand from the market. Older adults should get at least 700 mg of calcium daily to prevent orthopaedic conditions. The percentage of people over 65 who are alive currently is about 10%, and veterans predict that number will rise many times in the near future.
The distribution channel segment is divided into online and offline. The offline segment dominated the market, with a market share of around 79.65% in 2022. In addition to being used as a staple in many families, skim milk is also utilised as an ingredient in a variety of prepared mixes and confections. In order to win over customers and give them the opportunity to "taste" the products, new brands also want to begin their offline promotions. This approach is effective 7 out of 10 times, and customers who choose these things typically remain longer than those who simply buy without thinking twice.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 11.83 Billion |
| Market size value in 2032 | USD 27.31 Billion |
| CAGR (2023 to 2032) | 8.73% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Form, Distribution Channel |
As per The Brainy Insights, the size of the skimmed milk market was valued at USD 11.83 Billion in 2022 & USD 27.31 Billion by 2032.
Global skimmed milk market is growing at a CAGR of 8.73% during the forecast period 2023-2032.
Europe region emerged as the largest market for the skimmed milk.
The increasing health consciousness about the reduction of total fat intake is a significant driving factor for the growth of the skimmed milk market.
The number of people who are lactose intolerant has increased, and plant-based milk has grown significantly is a significant challenging factor for the growth of the skimmed milk market.
Key players are LACTALIS Ingredients, Danone Inc, Alpen Dairies, Miraka, Nestle S.A., Fonterra Co-Operative Group, Saputo Inc., Dairy America, Schrieber Foods Inc, Lactoland, among others.
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global skimmed milk market based on below mentioned segments:
Global Skimmed Milk by Form:
Global Skimmed Milk by Distribution Channel:
Global Skimmed Milk by Region:
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