What is Anhydrous Butter Oil Market?
Butter oil is also called milk fat, anhydrous milk fat, dry butter fat, and dehydrated butter fat. It is fat-concentrate obtained mainly from butter or cream by the removing all the water and nonfat solids. The anhydrous butter oil is a light yellowish color and a clean, bland taste which is free from bitter, sour, oxidised, rancid, or any other objectionable flavors. It is used in food and household as the ingredient for processing food products. The butter oil mixes easily with wide range of food and recipes. Moreover, the butter oil contains antioxidants and vitamins and therefore helps in boosting the immune system of the body.
The market study is being classified and major geographies with country level break-up.
Fonterra Co-operative Group Ltd. (New Zealand), Groupe Lactalis (France), Meadow Foods Ltd. (United Kingdom), Dairy Farmers of America (United States), Murray Goulburn Co-operative Co Ltd (Australia), Westland milk products (New Zealand), Hilmar Cheese Company (United States), Synlait Milk Limited (New Zealand), Friesland Campina NV (Netherlands) and Saputo Inc. (Canada) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Anhydrous Butter Oil market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Anhydrous Butter Oil market by Type, Application and Region.
On the basis of geography, the market of Anhydrous Butter Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Prolonged Shelf Life and Easy Usability
- Nutritional Values Associated with Anhydrous Butter Oil
- Growing Use of Dairy Products in Food Industry
- Health Issue Associated with Over consumption of Butter Oil
- Increasing Urbanisation Coupled with Increased Disposable Income
- Growing Dairy Sector is Fuelling the Market Growth
- Growing Trend of Veganism May Hamper the Market
Market Leaders and some development strategies
On July 2019, Lactalis Group has acquired Ehrmann Commonwealth Dairy. This acquisition ensures the long-term growth of the Lactalis yogurt business in the United States.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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