Market Scenario
Global skim milk market size is expected to grow significantly from 2018 to 2023, owing to the rising health concern among consumers and the increasing demand for milk and milk products with low fat content. Skim milk or skimmed milk is obtained by removing the milk fat from whole milk. This milk fat is also reffered to as the milk cream. Skim milk is processed with the help of a centrifugal separator machine where the whole milk is spun to separate the fat globules from the milk. Skim milk appears to be more transparent than whole milk and has a slightly bluish color.
The skim milk market size is rapidly growing since skim milk has fewer calories than whole milk and it provides the same amount of protein and calcium as compared to whole milk. Skim milk is a good source of potassium that contributes to muscle growth, better nerve function, and healthy blood pressure. The magnesium content of skim milk helps the heart, muscles, and immune system to function properly. Skim milk is a healthier option than whole milk especially for the health-conscious consumers, which is driving the market growth. Skim milk manufacturers are innovating different flavors and packaging of the products to create more demand among consumers.
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Key players
Nestle S.A. (Switzerland), DairyAmerica, Inc. (US), Alpen Dairies (The Netherland), Fonterra (New Zealand), Miraka (New Zealand), Lactoland (Germany), Nova Dairy products (India), and Synlait milk ltd (New Zealand) are some of the key players in the global skim milk market size.
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