The global anhydrous milk fat market reached a value of US$ 2.49 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.89 Billion by 2027, exhibiting a CAGR of 7.5% during 2022-2027. 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) is extracted by separating oil fat from cream or milk through the process of centrifugation. The water is removed and the fat concentrate thus obtained contains at least 99.8% pure milk fat. Whitish yellow in colour, it has a very buttery and creamy texture and is free from any additives, preservatives and fatty-acids. It is very nutritious and contains high quantity of calcium, and vitamins A, D, E and K2 which are essential to maintain a healthy body. Anhydrous milk fat is used in culinary preparations as an alternative to butter or other fats, at both the industrial and domestic levels.

Global Anhydrous Milk Fat Market Drivers/Constraints:

Anhydrous milk fat can be stored for several months at ambient temperature and easily transported from one part of the world to another owing to its longer shelf-life and low moisture content.
Earlier, the consumption of anhydrous milk fat was largely confined to countries such as Australia and New Zealand. However, with the increasing trend of fusion food products, the consumption of anhydrous milk fat in the European Union and United States is projected to grow.
Anhydrous milk fat has diversified applications in the fast food industry which is expected to grow at a significant rate during the next few years. This will create a substantial demand for anhydrous milk fat worldwide.
The negative health aspects of anhydrous milk fat due to its high concentration of saturated fatty acids and cholesterol, coupled with its high price as compared to vegetable fats, can hinder the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global anhydrous milk fat (butter oil) market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on end-use.

Breakup by End-Use:


Based on end-use, the report finds that dairy represents the leading end-use segment of the global anhydrous milk fat market, followed by bakery and confectionary. In the dairy industry, anhydrous milk fat is widely used in the manufacturing of reconstituted milk and other dairy products including whole milk, cheese, spreads, ice cream, etc.

Regional Insights:

North America
Latin America
Middle East and Africa

On a geographical front, Oceania is the largest market for anhydrous milk fat, accounting for majority of the total global market. Other major regions include Europe, North America, Asia, Latin America, and Middle East and Africa.

Competitive Landscape:

The global anhydrous milk fat industry is fragmented due to the presence of a large number of global and regional players. However, over the past few years, the industry has seen several large companies expanding through merger and acquisition activities. Some of the leading players operating in the market are:

Dairy Farmers of America
Hilmar Cheese Company
Murray Goulburn
Westland Milk Products
Synlait Milk Limited

This report provides a deep insight into the global anhydrous milk fat industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up an anhydrous milk fat manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the anhydrous milk fat industry in any manner. Key Question Answered in this Report
1. What was the size of the global anhydrous milk fat (butter oil) market in 2021?
2. What is the expected growth rate of the global anhydrous milk fat (butter oil) market during 2022-2027?
3. What are the key factors driving the global anhydrous milk fat (butter oil) market?
4. What has been the impact of COVID-19 on the global anhydrous milk fat (butter oil) market?
5. What is the breakup of the global anhydrous milk fat (butter oil) market based on the end-use?
6. What are the key regions in the global anhydrous milk fat (butter oil) market?
7. Who are the key companies/players in the global anhydrous milk fat (butter oil) market?