Fat-rich Dairy Products Market Share Including Vendor Profiles, Latest Improvements, Emerging Opportunities, and Forecast
Market Overview
Anticipated to grow at a CAGR of 7.8% from 2020-2027, the Fat-Rich Dairy
Products Market is forecasted to generate about USD 18.20 billion in revenue by
2027.
Dairy products like ghee,
butter, and cream are products that consist of a high rate of fat. Apart from
fat, these products are rich in nutrients, and compounds like conjugated
linoleic acid, short-chain free fatty acids, and milk fat globule membrane. They
are very beneficial for good health. The
consumption of ghee, butter, and cream has been there for many decades. But as the technology changed, some new
flavors are added to these to make them tasty.
Such attempts have increased the Fat-rich Dairy
Products Market Share and pushed it
towards growth. Eating good food is not
an issue, but the lifestyle of people today is a disturbing factor. Lack of proper exercise and untimely
consumption of food has resulted in chronic illness like obesity, diabetes, and
cholesterol. Especially these are likely
to attack people consuming more fat-enriched food. People nowadays have become very health
conscious. So, there are very particular about what they are consuming. Chronic
illness and changes in fat-rich dairy product consumption patterns are factors
that create hindrances in market growth.
Many physicians are of opinion that consumption of a small quantity of
fat-rich dairy products is good for health, especially for children followed by
a good exercising schedule. Fat-rich
dairy products consist of fatty acids that are very essential for the human
body as they cannot produce fatty acids on their own. Many vitamins such as vitamins
A, D, and E are important and when consumed orally or through other ways. The
human body has to absorb these to give the required benefit to the human body.
Fat helps to absorb these vitamins. So, the
consumption of fat-rich dairy products is good if consumed in the required
quantity.
Regional Classification
When the consumption of
fat-rich dairy products is analyzed, the North American
Fat-Rich Dairy Products Market segment in the regional category dominates the
market. All other categories have their respective contribution to the market
growth.
Market Segmentation
The Fat-rich Dairy Products
Market Share can be segmented based on the ingredient type, packaging type, distribution channel, and
region. According to the ingredient
type, the market can be divided into segments like clarified butter/ghee,
butter, cream, etc. The packaging type
category can be further divided into segments like pouches, bottles, jars, etc.
According to the distribution channels, the market is divided based on store and
non-store segments. The store channel segment is further bifurcated into
supermarkets, hypermarkets, retail and convenience stores, etc. According to the regional category, the
market is divided into segments like North America, Europe, Asia-Pacific, and
the Rest of the World.
Regional Classification
When the consumption of Fat-rich
Dairy Products Market Trends are analyzed, the North American segment in the
regional category dominates the market. All other categories have their
respective contribution to the market growth.
Industry News
The global analysis of the fat-rich
dairy products market states that the market is expected to reach 18.20 million
US dollars at a CAGR of 7.8% by the end of 2027. Some of the key players who
have contributed to the market growth are Nestle S.A, Kraft Foods Inc., Land O’Lakes,
Gujarat Cooperative Milk Marketing
Federation, Dana Dairy Group, etc. The awareness regarding the benefits of
consuming fat-rich dairy products in the right quantity will push the market
towards growth. A focus on innovating
new flavored fat-rich dairy products will prove to be a good opportunity for
market growth.
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