Anhydrous Milk Fat Market Size is Projected to Reach US$ 3.89 Billion by 2027, Industry CAGR 7.5% | IMARC Group
According to the latest report by IMARC Group, titled “ Anhydrous Milk Fat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” 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 at a CAGR of 7.5% during 2022-2027. Anhydrous milk fat, also known as butter oil, is a dairy fat that is derived from milk or cream. It is produced by separating the milk fat from the other components of milk, such as water and protein. Unlike regular butter, anhydrous milk fat does not contain any water, which gives it a longer shelf life and makes it easier to transport and store. It is commonly used as an ingredient in the food industry, especially in the production of baked goods, confectionery, and processed cheese. Anhydrous milk fat is also used as a substitute for regular butter in some applications due to its unique properties and flavo...