AP NEWS

Global $14.9Bn Skimmed Milk Market by Application, Distribution Channel and Region - Forecast to 2023 - ResearchAndMarkets.com

October 2, 2018

DUBLIN--(BUSINESS WIRE)--Oct 2, 2018--The “Global Skimmed Milk Market - by Application, Distribution Channel, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global skimmed milk market was 9.8 billion USD in 2017 and will reach 14.9 billion USD by 2023 with a CAGR of 7.23% during the period.

Growing awareness about health benefits associated with skimmed milk and its wide applications in food industry are the factors driving the market. Increase in use of casein and caseinates by food industry raises the demand for skimmed milk. However, the cost of skim milk is higher than regular milk, which hampers the market growth.

Asia-Pacific was the largest market and continue to dominate during the period due to rising demand for healthy dairy and growth in food industry in India and China. In 2017, the U.S also contributed major share in the market.

Industry Trends & Updates

Walmart had inaugurated a new dairy processing plant in the US state of Indiana, which produces whole milk and skimmed milk. Synlait milk will be developing a manufacturing factory to produce infant base powders, which use skim milk. Companies ProfiledAlpen DairiesAmulArla FoodsNestleFonterraDairy FarmersDanoneLACTALISSaputoSchreiberDanaLactolandNova DairyMirakaSynlait MilkWalmartand more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Skimmed Milk Market Segmentation, Forecasts and Trends - by Application

6. Global Skimmed Milk Market Segmentation, Forecasts and Trends - by Distribution Channel

7. Global Skimmed Milk Market Segmentation, Forecasts and Trends - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Skimmed Milk Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/flz6g8/global_14_9bn?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005589/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Milk and Cream

KEYWORD:

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/02/2018 08:49 AM/DISC: 10/02/2018 08:49 AM

http://www.businesswire.com/news/home/20181002005589/en

AP RADIO
Update hourly