The Europe Anhydrous Milk Fat Market would witness market growth of 5.8% CAGR during the forecast period (2022-2028).
Anhydrous milk fat is in high demand, driven by the developing food and beverage sector. The industry is growing due to increased customer demand for processed goods. In addition, increased consumption of dairy goods like spreads and cheese, particularly in industrialized countries, fosters business growth. Market growth is predicted to be boosted by increased investments in the dairy industry to improve production capacity.
Consumers like anhydrous milk fat because it contains essential nutrients, including vitamins A, D, E, and K2, which support a healthy body and are high in calcium. Because it doesn't include additives, preservatives, or fatty acids, anhydrous milk fat is becoming increasingly popular. The demand is being driven by manufacturers' preference for using the product due to its low moisture content and long shelf life.
An increase in disposable income and a rise in consumer desire for western cuisine, especially in developing nations, have increased the demand for anhydrous milk fat. Also, the product has a range of applications in the fast-food industry, which is predicted to experience considerable growth throughout the forecast period, fueling the anhydrous milk fat market's growth.
The booming food and beverage industry, the entry of new and significant players into the regional market, and the rapidly expanding retail sector with a rise in the number of supermarkets & hypermarkets are all expected to significantly contribute to growth in Europe over the forecast period. In addition, the region's population is keen to explore new baked treats, which benefits the baking industry. Given the rising demand for ready-to-eat and home-cooked snacks, Europe's anhydrous milk fat market in Europe is expected to experience significant growth during the projection period.
The Germany market dominated the Europe Anhydrous Milk Fat Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $228.9 Million by 2028. The UK market is anticipated to grow at a CAGR of 4.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.6% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Nature, the market is segmented into Conventional, and Organic. Based on Application, the market is segmented into Dairy, Bakery, Confectionary, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Anhydrous Milk Fat Market will Hit $4.3 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Royal VIVBuisman (The Van Ballegooijen), Interfood Holding BV, Eurial Services (Agrial Group), Polmlek Group, Asha Ram & Sons Pvt. Ltd., Meadow Foods Limited, Royal FrieslandCampina N.V., Lactalis Group, and United Global Agencies Group.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Nature
By Application
- Dairy
- Bakery
- Confectionary
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Royal VIVBuisman (The Van Ballegooijen)
- Interfood Holding BV
- Eurial Services (Agrial Group)
- Polmlek Group
- Asha Ram & Sons Pvt. Ltd.
- Meadow Foods Limited
- Royal FrieslandCampina N.V.
- Lactalis Group
- United Global Agencies Group
TABLE 1 Europe Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 2 Europe Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 3 Europe Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Europe Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Europe Offline Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Offline Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Online Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Online Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 10 Europe Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 11 Europe Conventional Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Conventional Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Organic Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Organic Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 16 Europe Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 17 Europe Dairy Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Dairy Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Bakery Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Bakery Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Confectionary Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Confectionary Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Anhydrous Milk Fat Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Anhydrous Milk Fat Market by Country, 2022 - 2028, USD Million
TABLE 27 Germany Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 28 Germany Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 29 Germany Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 Germany Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 Germany Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 32 Germany Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 33 Germany Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 34 Germany Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 35 UK Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 36 UK Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 37 UK Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 UK Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 UK Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 40 UK Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 41 UK Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 42 UK Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 43 France Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 44 France Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 45 France Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 France Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 France Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 48 France Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 49 France Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 50 France Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 51 Russia Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 52 Russia Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 53 Russia Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Russia Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Russia Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 56 Russia Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 57 Russia Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 58 Russia Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 59 Spain Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 60 Spain Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 61 Spain Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Spain Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Spain Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 64 Spain Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 65 Spain Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 66 Spain Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 67 Italy Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 68 Italy Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 69 Italy Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Italy Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Italy Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 72 Italy Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 73 Italy Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 74 Italy Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Anhydrous Milk Fat Market, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Anhydrous Milk Fat Market, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Anhydrous Milk Fat Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Anhydrous Milk Fat Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Anhydrous Milk Fat Market by Nature, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Anhydrous Milk Fat Market by Nature, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Anhydrous Milk Fat Market by Application, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Anhydrous Milk Fat Market by Application, 2022 - 2028, USD Million
TABLE 83 Key Information – Royal VIVBuisman
TABLE 84 Key Information – Interfood Holding BV
TABLE 85 Key Information – Eurial Services
TABLE 86 Key Information – Polmlek Group
TABLE 87 Key Information – Asha Ram & Sons Pvt. Ltd.
TABLE 88 Key Information – Meadow Foods Limited
TABLE 89 Key Information – Royal FrieslandCampina N.V.
TABLE 90 Key Information –Lactalis Group
TABLE 91 Key Information – United Global Agencies Group
List of Figures
FIG 1 Methodology for the research