Skim milk is also called as non-fat milk or fat-free milk, it is obtained after skimming, which involves removing cream from the milk. It contains 00.5% of fat contents. Skim milk is loaded with protein, calcium, phosphorous, vitamin D and vitamin A, making it a source of high-quality complete protein. It helps to build strong bones, teeth, and muscles, and also aids in healthy weight management. Moreover, it contains same nutrients in same relative proportions as the fresh milk, hence it is used in many food items such as bakery and confectionery foods and desserts to add nutritive value.
Due to the COVID-19 pandemic, the global Skim Milk market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Skim Milk market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Skim Milk landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
In 2017, Asia-Pacific accounted for the largest market share in the global skim milk market and is anticipated to maintain its dominance during the forecast period. The key driving factors of the market include changes in consumer food patterns and growth in food industry particularly in India and China. Moreover, growth in population, increase in disposable income, and changes in lifestyles have raised demand for healthy and improved dairy, confectionery, bakery, and other food products supplementing the growth of the market in this region. Moreover, an increased focus on innovations and expansion of food industries will further boost the skim milk market in APAC.
This report focuses on Skim Milk volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Skim Milk market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Skim Milk Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Pasteurized Skim Milk
Ultra-high Temperature Skim Milk
Segment by Application
Bakery
Confectionery
Dairy
Prepared Mix
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Arla Food
Horizon Organic
Organic Valley
Emmi
Yeo Valley
Aurora Organic Dairy
Andechser Dairy
Organic Dairy Farmers
Avalon Dairy
Bruton Dairy
Shengmu Organic Milk
Yili
Mengniu
Wholly Cow
Danone
Nestle