What is Ghee Market Scope?
Ghee is a hard fat obtained by heating milk made butter. It is also known as Clarified Butter in many regions. It is typically prepared from simmering butter. After heating, it is been filtered, poured and processed to form ghee which can later be added with flavors and other add-ins to nullify changing consumer preferences. It is mainly used in Indian Cooking which is basically manufactured. It is mainly produced in milk-producing Asian countries such as India, Pakistan and many others. The demand for ghee will increase over the forecasted period since it is one of the high sources of Vitamin A, E and K.
The Ghee market study is being classified by Type (Granulated Ghee and Liquid Ghee), by Application (Medicine, Food and Other) and major geographies with country level break-up.
Lack of global players minimizes the global competition among the key players. Also, Number of players are concentrated to Asia Pacific Market, which will favor new entrants to enter in the market. Research Analyst at AMA predicts that Vendors from Indian will contribute to the maximum growth of Global Ghee market throughout the predicted period.
Britannia Industries (India), Milkfood Ltd. (India), Karnataka Milk Federation (KMF) (India), Nestle S.A. (Switzerland), Verka (India), Sterling Agro Industries Ltd. (India), VRINDAVAN PUNE A2 MILK PVT LTD (India), Anand Milk Union Limited (India), Udhaya Krishna Ghee Factory (India), RKG Ghee (India), Param Dairy Limited (India) and Govind Milk & Milk Products Pvt Ltd. (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shree Radhe Dairy Farm & Foods Pvt. Ltd. (India), M.L.P Balakrishna Ghee (India), Gopaljee Ananda (India), Anika Therapeutics Inc. (United States), Saras (India), Bhole Baba (India) and Ruchi Global Limited (India).
Analyst at AMA have segmented the market study of Global Ghee market by Type, Application and Region. On the basis of Type, Food Type are dominating the market in the year 2019 where as Medical Grade stood as second largest market share.
On the basis of application, Food segment is dominating the market in the year 2019 where as Medicine segment stood as second largest market.
On the basis of geography, the market of Ghee 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). Asia Pacific region held largest market share in the year 2019.
Influencing Market Trend
- Medical Grade Ghee with Minimized Cholesterol
- Introduction to Flavored Ghee
- Possess numerous of Health Benefits
- High Source of Vitamin A, E, and K
- Inclusion of Ghee in the Food Industry
- Adoption in Bakery Industry
- High Penentration in North American and European Market
- Growing Population and Disposable incomes
- Over consumption will lead Cardiovascular Diseases
- Taste and Texture Depends on the Quality of Butter and Milk
Key Target AudienceGhee Manufacturers, Ghee Traders and Distributors, Import Export Agencies, Government and Private Research Organisations, Agricultural Organizations and Others
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