Milk And Butter Manufacturing Market Focusing on Lucrative Opportunities and Trends During the Forecast Period 2027

The milk and butter manufacturing market consists of sales of milk and butter by entities (organizations, sole traders and partnerships) that produce processed milk products such as pasteurized milk, cream, creamery butter, sour cream and fluid milk dairy substitutes from soybeans and other non-dairy substances. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.

Asia Pacific was the largest region in the global milk and butter manufacturing market, accounting for 45% of the market in 2018. Western Europe was the second largest region accounting for 22% of the global milk and butter manufacturing market. Africa was the smallest region in the global milk and butter manufacturing market.

 

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Top Key Players 

Nestle
Danone
Arla Foods
M?ller Group.
Lactalis

 

The increasing incidence of lactose intolerance has led to a rise in demand for lactose free dairy products. Lactose intolerance is characterized as the inability to digest lactose, a disaccharide sugar composed of galactose and glucose found in milk. Lactose-free dairy products contain small amounts of an enzyme called lactase that help digest lactose. According to the U.S. National Library of Medicine, around 30 million Americans have some degree of lactose intolerance by the age of 20, thus indicating huge potential demand for lactose free dairy products. According to the Fonterra Co-operative Group, the global low lactose food market was worth NZ$ 9 billion (U.S. $ 6.3 billion) in 2015 and it is expected to grow at 6% year-on-year to reach NZ$ 14 billion (U.S. $ 9.7 billion) in 2020.

Milk And Butter Manufacturing Market Global Report 2019 from Publisher provides the strategists, marketers and senior management with the critical information they need to assess the global milk and butter manufacturing market.

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Posted by on Wednesday July 17 2019, 6:32 AM EST. All trademarks acknowledged. Filed under Beverages, Business Services, Featured Press Release, Food, Food & Beverage. Comments and Trackbacks closed. Follow responses: RSS 2.0

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