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Global Anhydrous Milk Fat (Butter Oil) Market 2019-2023

Global Anhydrous Milk Fat (Butter Oil) Market 2019-2023

About this market

The growing demand for several dairy products, including anhydrous milk fat products has resulted in the expansion of production capacities by vendors. For instance, in 2018, Amul, an Indian dairy brand, announced its plans to expand its business operations in the US by acquiring a manufacturing plant in Wisconsin. The company is planning to produce dairy products such as paneer, ghee, cheese, and butter at the new plant. In the same year, another Indian dairy brand Ananda Dairy announced its plans to set up a new processing plant in Uttar Pradesh, India. The company also has plans to launch over a thousand retail stores across India by 2020. The increasing investments in expanding production capabilities in the dairy industry will result in an increase in the production of various dairy products, including anhydrous milk fat. As a result of these factors, the global anhydrous milk fat (butter oil) market size is expected to grow at a CAGR of over 11% during the forecast period.

Market Overview

Increase in M&A

Key players in the anhydrous milk fat market are acquiring smaller market players to gain access to new products and technologies at lower costs. M&A activities are also helping companies to increase their market share. For instance, Groupe Lactalis acquired an Indian company, Prabhat Dairy Ltd. in January 2019. The increasing cases of M&A activities are boosting the growth of the market.

The increasing popularity of vegan diet

The growing awareness about the benefits of a vegan diet has encouraged several consumers to adopt a vegan lifestyle. The increasing popularity of veganism across countries such as the US, Canada, and Mexico is expected to hinder the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the anhydrous milk fat (butter oil) market size during the 2019-2023, view our report.

Competitive Landscape

The market is fairly fragmented with several payers occupying the market share.

Companies such as Fonterra Co-operative Group Ltd. and Groupe Lactalis have intensified the competition. Factors such as the increase in the number of M&A activities and the increasing investments to expand production capacities will provide significant growth opportunities for anhydrous milk fat manufacturers. Fonterra Co-operative Group Ltd., Groupe Lactalis, Meadow Foods Ltd., Royal FrieslandCampina NV, and Saputo Inc. are some of the major companies covered in this report.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Conventional anhydrous milk fat - Market size and forecast 2018-2023
Organic anhydrous milk fat - Market size and forecast 2018-2023
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
New packaging initiatives
New marketing campaigns
Increase in home cooking
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Fonterra Co-operative Group Ltd.
Groupe Lactalis
Meadow Foods Ltd.
Royal FrieslandCampina NV
Saputo Inc.
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Global dairy market
Exhibit 02: Segments of global dairy market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Product - Market share 2018-2023 (%)
Exhibit 18: Comparison by product
Exhibit 19: Conventional anhydrous milk fat - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Conventional anhydrous milk fat - Year-over-year growth 2019-2023 (%)
Exhibit 21: Organic anhydrous milk fat - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Organic anhydrous milk fat - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by product
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 29: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 31: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: North America - Year-over-year growth 2019-2023 (%)
Exhibit 33: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: South America - Year-over-year growth 2019-2023 (%)
Exhibit 35: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Fonterra Co-operative Group Ltd. - Vendor overview
Exhibit 46: Fonterra Co-operative Group Ltd. - Business segments
Exhibit 47: Fonterra Co-operative Group Ltd. - Organizational developments
Exhibit 48: Fonterra Co-operative Group Ltd. - Geographic focus
Exhibit 49: Fonterra Co-operative Group Ltd. - Segment focus
Exhibit 50: Fonterra Co-operative Group Ltd. - Key offerings
Exhibit 51: Groupe Lactalis - Vendor overview
Exhibit 52: Groupe Lactalis - Product segments
Exhibit 53: Groupe Lactalis - Organizational developments
Exhibit 54: Groupe Lactalis - Geographic focus
Exhibit 55: Groupe Lactalis - Segment focus
Exhibit 56: Groupe Lactalis - Key offerings
Exhibit 57: Meadow Foods Ltd. - Vendor overview
Exhibit 58: Meadow Foods Ltd. - Product segments
Exhibit 59: Meadow Foods Ltd. - Organizational developments
Exhibit 60: Meadow Foods Ltd. - Key offerings
Exhibit 61: Royal FrieslandCampina NV - Vendor overview
Exhibit 62: Royal FrieslandCampina NV - Business segments
Exhibit 63: Royal FrieslandCampina NV - Organizational developments
Exhibit 64: Royal FrieslandCampina NV - Geographic focus
Exhibit 65: Royal FrieslandCampina NV - Segment focus
Exhibit 66: Royal FrieslandCampina NV - Key offerings
Exhibit 67: Saputo Inc. - Vendor overview
Exhibit 68: Saputo Inc. - Business segments
Exhibit 69: Saputo Inc. - Organizational developments
Exhibit 70: Saputo Inc. - Segment focus
Exhibit 71: Saputo Inc. - Key offerings
Exhibit 72: Validation techniques employed for market sizing
Exhibit 73: Definition of market positioning of vendors

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