Market Overview:
The North America anhydrous milk fat market reached a volume of 51,490 Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Anhydrous milk fat (AMF), containing 99.8% of pure milk fat, is obtained by separating oil fat from cream or milk via the centrifugation process. The milk/cream extractions are available in three different varieties namely anhydrous milk fat, anhydrous butter oil and butter oil. The anhydrous milk fat includes several minerals and vitamins such as vitamins A, D, E and K2. It is creamy in texture and has a long shelf life ranging between 12-24 months. The anhydrous milk fat is widely used in the food industry as it serves as an essential ingredient in the production of several dairy products.
Being one of the largest consumers of anhydrous milk fat, North America is currently focusing on expanding the production capacity in the region. Rapid urbanization has led to high consumption of food products such as whole milk, cheese, spreads, ice cream, etc. which use anhydrous milk fat as a key ingredient. In addition to this, globalization has fueled the demand for standardized and high-quality dairy products in the region. Rising awareness has changed the dietary habits of majority of population leading to growing demand of anhydrous milk fat or butter oil. Long shelf life, easy availability and health benefits will boost the demand of anhydrous milk fat in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America anhydrous milk fat market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on end-use.
- Key Regions Analysed
- Analysis for Each Country
- Market by End-Use
- Dairy
- Bakery
- Confectionary
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
Tons |
| Segment Coverage |
End-Use, Country |
| Countries Covered |
United States, Canada |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the North America anhydrous milk fat (butter oil) market performed so far and how will it perform in the coming years?
- What are the key regions in the North America anhydrous milk fat (butter oil) market?
- What has been the impact of COVID-19 on the North America anhydrous milk fat (butter oil) market?
- What is the breakup of the North America anhydrous milk fat (butter oil) market on the basis of end-use?
- What are the various stages in the value chain of the North America anhydrous milk fat (butter oil) industry?
- What are the key driving factors and challenges in the North America anhydrous milk fat (butter oil) industry?
- What is the structure of the North America anhydrous milk fat (butter oil) industry and who are the key players?
- What is the degree of competition in the North America anhydrous milk fat (butter oil) industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Anhydrous Milk Fat (Butter Oil) Market
5.1 Market Performance
5.2 Market Breakup by End-Use
5.3 Market Breakup by Region
5.4 Market Forecast
6 North America Anhydrous Milk Fat (Butter Oil) Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Anhydrous Milk Fat (Butter Oil) Market: Breakup by End-Use
7.1 Dairy
7.2 Bakery
7.3 Confectionary
7.4 Others
8 North America Anhydrous Milk Fat (Butter Oil) Market: Breakup by Country
8.1 United States
8.1.1 Historical Market Trends
8.1.2 Market Breakup by End-Use
8.1.3 Market Forecast
8.2 Canada
8.2.1 Historical Market Trends
8.2.2 Market Breakup by End-Use
8.2.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
10.1 Overview
10.2 Raw Material Procurement
10.3 Manufacturing
10.4 Marketing
10.5 Distribution
10.6 Export
10.7 End-Use
11 Porter’s Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Rivalry
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
List of Figures
Figure 1: Global: Anhydrous Milk Fat Market: Sales Volume (in Tons), 2015-2020
Figure 2: Global: Anhydrous Milk Fat Market: Breakup by End-Use (in %), 2020
Figure 3: Global: Anhydrous Milk Fat Market: Breakup by Region (in %), 2020
Figure 4: Global: Anhydrous Milk Fat Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 5: North America: Anhydrous Milk Fat Market: Sales Volume (in Tons), 2015-2020
Figure 6: North America: Anhydrous Milk Fat Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 7: North America: Anhydrous Milk Fat Market: Breakup by End-Use (in %), 2020
Figure 8: North America: Anhydrous Milk Fat (Dairy) Market: Sales Volume (in Tons), 2015 & 2020
Figure 9: North America: Anhydrous Milk Fat (Dairy) Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 10: North America: Anhydrous Milk Fat (Bakery) Market: Sales Volume (in Tons), 2015 & 2020
Figure 11: North America: Anhydrous Milk Fat (Bakery) Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 12: North America: Anhydrous Milk Fat (Confectionary) Market: Sales Volume (in Tons), 2015 & 2020
Figure 13: North America: Anhydrous Milk Fat (Confectionary) Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 14: North America: Anhydrous Milk Fat (Other Uses) Market: Sales Volume (in Tons), 2015 & 2020
Figure 15: North America: Anhydrous Milk Fat (Other Uses) Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 16: North America: Anhydrous Milk Fat Market: Breakup by Country (in %), 2020
Figure 17: United States: Anhydrous Milk Fat Market: Sales Volume (in Tons), 2015-2020
Figure 18: United States: Anhydrous Milk Fat Market: Breakup by End-Use (in %), 2020
Figure 19: United States: Anhydrous Milk Fat Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 20: Canada: Anhydrous Milk Fat Market: Sales Volume (in Tons), 2015-2020
Figure 21: Canada: Anhydrous Milk Fat Market: Breakup by End-Use (in %), 2020
Figure 22: Canada: Anhydrous Milk Fat Market Forecast: Sales Volume (in Tons), 2021-2026
Figure 23: North America: Anhydrous Milk Fat Industry: SWOT Analysis
Figure 24: North America: Anhydrous Milk Fat Industry: Value Chain Analysis
Figure 25: North America: Anhydrous Milk Fat Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Anhydrous Milk Fat Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Anhydrous Milk Fat Market Forecast: Breakup by End-Use (in Tons), 2021-2026
Table 3: North America: Anhydrous Milk Fat Market Forecast: Breakup by Country (in Tons), 2021-2026
Table 4: North America: Anhydrous Milk Fat Market: Competitive Structure
Table 5: North America: Anhydrous Milk Fat Market: Key Players