The global market for skim milk is projected to rise dramatically from 2018 to 2023, owing to growing public health issues and increasing demand for low-fat milk and milk products.
Since skim milk contains less calories than whole milk and offers the same amount of protein and calcium as opposed to whole milk, the skim milk market is increasingly increasing. The magnesium content in skim milk helps function properly in the heart, organs, and immune system. Skim milk, especially for health-conscious customers, is a healthier choice than whole milk, which is driving market growth. In order to produce more interest from customers, skim milk producers are innovating various flavours and food packaging.
However, sugar is added to skim milk to make up for saturated fats, which can lead to health disorders such as diabetes and hypoglycemia. In addition, dried milk powder is frequently applied to skim milk by the dairy industry as protein fortification, allowing the cholesterol in the milk to oxidise. This contributes to plaque formation in the lungs, inflammation in the body, and heart disease. These adverse effects of skimmed milk on the human body restrict the development of the demand for skimmed milk.
The global market for skim milk powder has been segmented into sort, packaging, form, channel of distribution, and location.
Segmented black skim milk powder, white skim milk powder, green skim milk powder, oolong skim milk powder, among others have been sold depending on form.
The market has been segmented into loose skim milk powder, skim milk powder container, instant skim milk powder, skim milk powder bottled & canned, among others through packaging.
The market has been segmented into powder, leaves, and others, by type.
The industry was segmented into grocery retail (supermarkets & hypermarkets, grocery stores, niche retailers, among others) among food service service, by delivery channel.
DairyAmerica, Inc. (US), Alpen Dairies (The Netherland), Nova Dairy products (India), Nestle S.A. (Switzerland), Fonterra (New Zealand), Miraka (New Zealand), Lactoland (Germany), and Synlait milk ltd (New Zealand), are some of the major players in the global skim milk market.
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The global market for skim milk is categorized into North America, Europe, the Rest of the World (RoW), and Asia-Pacific. In the global demand for skim milk, North America has the highest market share, led by Europe. The development of the skim milk market in this area has led to a growing use of skim milk in the food industry. Due to its low fat content, the high living standards and rising health-conscious people of this area have increased the demand for skim milk.
Due to the growing use of skim milk in the food industry, especially in bakeries in this region, Europe has contributed a decent share of revenue to the skim milk sector. The market growth of skim milk in this area is led by the high consumption of dairy products such as food and beverages. New facilities in this area have emerged as one of the key traded goods to be traded to other parts of the world due to increasing demand for skim milk..
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