Milk is liquid food produced by mammals that are rich in nutrients including lactose and protein. Butter is a solid emulsion of fat globules, air, and water made from churned cream and used for cooking or a spread. The main types of milk and butter are milk (dairy), butter. Butter is a dairy product created from churned cream's fat and protein components are converted into butter. The different applications include food, beverages, intermediate products, condiments, and Other Distribution Channels and are distributed through various channels such as supermarkets, hypermarkets, convenience stores, e-commerce, and other distribution channels. The milk and butter research report is one of a series of new reports from The Business Research Company that provides milk and butter statistics, including milk and butter industry global market size, regional shares, competitors with milk and butter shares, detailed milk and butter segments, market trends and opportunities, and any further data you may need to thrive in the milk and butter industry. This milk and butter research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global milk and butter market grew from $330.22 billion in 2022 to $354.28 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The milk and butter market is expected to grow to $452.24 billion in 2027 at a CAGR of 6.3%. The increasing demand for local, sustainable, and organic food production is expected to positively impact the milk and butter manufacturing market during the forecast period. Organic food production, including organic dairy products, places a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers are now becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognise recognize as healthy For instance, in June 2022, the Organic Trade Association, a US-based trade association representing organic businesses, the sales of organic dairy products and eggs increased by 11% as compared to the previous years. This growing demand for organic products offers considerable opportunities for dairy product producers in both developed and developing countries, which is likely to drive the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the milk and butter manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the milk and butter manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. The internet of things (IoT) technology is increasingly being used to track dairy products, including milk and butter, and to ensure safe product handling. IoT technology consists of a network of devices, vehicles, or other items that continuously exchange data and provide insights into a process or system. This technology is being used to track ingredients being used in products. Equipment connected to the internet in trucks and storage coolers can be used to monitor dairy products and tag them with environmental conditions like temperature or location that provide information about safe product handling during transportation. For instance, the Chinese government implemented the National Food Quality Safety Traceability Platform, using IoT technology to improve the quality and safety of food production supply chains. Major companies in the milk and butter market include Danone S.A., Inner Mongolia Yili Industrial Group Co. Ltd., Fonterra Group Cooperative Limited, Groupe Lactalis S.A., Saputo Inc., Arla Foods amba, Frieslandcampina, Yakult Honsha Co. Ltd., Louis Dreyfus, and Savencia Fromage & Dairy. Asia-Pacific was the largest region in the milk and butter market in 2022. Western Europe was the second largest region in milk and butter market. The regions covered in the milk and butter market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the milk and butter market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam. The milk and butter market consists of sales of sweet buttermilk, sour buttermilk, skimmed milk powder, fat-filled milk powder, whole milk powder, dairy whiteners, reduced-fat milk (2%), whole milk, lactose–free milk, low-fat milk(1%), skim milk, evaporated milk, condensed milk, creamery butter, whey butter, and other milk and butter. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global milk and butter market is segmented - 1) By Type: Milk-Dairy, Butter 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Application: Food, Beverages, Intermediate Products, Condiments, Other Applications Subsegments Covered: Butter Milk, Powdered Milk, Liquid Milk, Concentrated Milk

Dry dairy products are manufactured by converting dairy products into a dry powder requires removing nearly all water by methods such as spray drying; drum drying and others. A condensed dairy product is formed by removing 60% of the water from the dairy product. Evaporated dairy products are made through the process of removing water from dilute liquid foods to obtain a product with a desired solid concentration. The main types of dry, condensed, and evaporated dairy products are dry dairy products, condensed dairy products, and evaporated dairy products. Condensed milk is cow’s milk that has had the water removed. It’s most commonly seen with sugar added, like sweetened condensed milk, to the point where the names "condensed milk" and "sweetened condensed milk" are widely interchanged nowadays. The different end-users include food, beverages, intermediate products, condiments, and other distribution channels and are distributed through various channels such as supermarkets, hypermarkets, convenience stores, e-commerce, and other distribution channels. The dry, condensed, and evaporated dairy product research report is one of a series of new reports from The Business Research Company that provides dry, condensed, and evaporated dairy product statistics, including dry, condensed, and evaporated dairy product industry global market size, regional shares, competitors with dry, condensed, and evaporated dairy product shares, detailed dry, condensed, and evaporated dairy product segments, market trends and opportunities, and any further data you may need to thrive in the dry, condensed, and evaporated dairy product industry. This dry, condensed, and evaporated dairy product research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global dry, condensed, and evaporated dairy products market grew from $111.75 billion in 2022 to $120.06 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dry, condensed, and evaporated dairy products market is expected to grow to $154.51 billion in 2027 at a CAGR of 6.5%. The increasing demand for local, sustainable, and organic food production is expected to positively impact the dry, condensed, and evaporated dairy product manufacturing market during the forecast period. Organic food products, including dry, condensed, and evaporated dairy products, place a strong emphasis on consumer health, environmental protection, and animal welfare. Consumers are now becoming more concerned with how food is raised and prepared and are willing to pay a little more for something they recognize as healthy. For instance, in June 2022, the Organic Trade Association, a US-based trade association representing over 9,500 organic businesses, sales of organic fruits and vegetables increased by 4.5% with revenue of $21 billion representing 15 percent of the total product market in the year 2021 in the US. This growing demand for organic products offers considerable opportunities for dry, condensed, and evaporated dairy product producers in both developed and developing countries, which is likely to drive the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the dry, condensed, and evaporated dairy product manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak is expected to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the dry, condensed, and evaporated dairy product manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. The internet of things (IoT) technology is increasingly being used to track dairy products and ensure safe product handling. IoT technology consists of a network of devices, vehicles, or other items that continuously exchange data and provide insights into a process or system. This technology is being used to track ingredients being used in products. Equipment connected to the internet in trucks and storage coolers can be used to monitor dairy products and tag them with environmental conditions like temperature or location that provide information about safe product handling during transportation. For instance, the Chinese government implemented the National Food Quality Safety Traceability Platform, using IoT technology to improve the quality and safety of food production supply chains. Major companies in the dry, condensed, and evaporated dairy products market include Kerry Group plc, Tate & Lyle, Rhodes Food Group, Nestlé S.A, The J.M. Smucker Company, GCMMF PVT Ltd., Magnolia Inc., and Goya Foods Inc. Western Europe was the largest region in the dry, condensed, and evaporated dairy products market in 2022. Asia-Pacific was the second-largest region in the dry, condensed, and evaporated dairy products market. The regions covered in the dry, condensed, and evaporated dairy products report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dry, condensed, and evaporated dairy products market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam The dry, condensed, and evaporated dairy product market consists of sales of buttermilk powder, yogurt powder, cheese powders, condensed whey, evaporated whey, and other dry, condensed, and evaporated dairy products. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global dry, condensed, and evaporated dairy products market is segmented - 1) By Type: Dry Dairy Product, Condensed Dairy Product, Evaporated Dairy Product 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By End Use: Food, Beverages, Intermediate Products, Condiments, Other End Users

A milking machine is a piece of equipment that consists of a suction apparatus that takes milk from the cows. They are used to extract milk from cows. The main product types of milking machines are fully automatic and semi-automatic. Fully automatic refers to a device that has controls to enable it to perform a task without constantly operating by a person. The livestock is the cow, sheep, goat, buffalo, and other livestock. The various applications involved are micro-dairy farms, macro dairy farms, and other applications. The milking machines market research report is one of a series of new reports from The Business Research Company that provides milking machines market statistics, including milking machines industry global market size, regional shares, competitors with a milking machines market share, detailed milking machines market segments, market trends and opportunities, and any further data you may need to thrive in the milking machines industry. This milking machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global milking machines market size will grow from $3.88 billion in 2022 to $4.23 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global milking machines market size is expected to grow to $5.76 billion in 2027 at a CAGR of 8.0%. An increase in the rearing of dairy cattle is expected to drive the demand for the milking machines market. For instance, in October 2021, according to Central Statistics Office, Ireland, in 2020, there were 1,567,700 dairy cows, a 4.2% increase from 2019. Further, in May 2021, according to data from the US Department of Agriculture Foreign Agriculture Service, the number of dairy cows globally increased from about 136 million heads in 2019 to 137 million heads in 2020. (USDA FAS). It is predicted that in 2021, there would be more than 138 million heads of the animals in question. Therefore, the growth in the dairy cattle population across the globe led to increasing in milking production, which in turn propelled the revenues generated for the milking machinery market. The robotic milking machines have created immense demand in the milking machinery market. More dairy farmers are looking to robotic-milking systems as a result of the difficulty in finding a dependable workforce or being able to afford labor costs. For instance, in May 2021, Fullwood Packo, a UK-based manufacturer of milking machines, launched the new robotic technology M2erlin Meridian. Given that it is well acknowledged that cow comfort is essential to high-quality production, it was designed with cows in mind. Combining the stability and routine of traditional milking with the technology and time benefits of robotics through the batch milking idea maximises both worlds. Additionally, unlike with free-choice milking, it enables the installation of robots without fully redesigning the cow habitat. In July 2020, DeLaval, a Swedish-based company that produces equipment for the dairy farmer, acquired Milkrite InterPuls for approximately $233.58 million. The acquisition is expected to help DeLaval to increase its investments in future dairy solutions and services and the agreement is subjected to clearance from the relevant antitrust authorities. Milkrite InterPuls is a global company providing dairy intelligence products and services for milking equipment that are innovative, durable, and competitive in price. Major players in the milking machines market are Lely Holding S.a.r.l, GEA Group, DeLaval Inc., Fullwood Ltd., BouMatic Robotics B.V, S. A. Christensen & Co., AMS-Galaxy USA, Bon-Matic, Universal, and Afimilk Ltd. The Asia-Pacific was the largest region in the milking machines market in 2022. North America was the second largest region in the global milking machines market. The regions covered in the global milking machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the milking machines market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The milking machine market consists of sales of herringbone milking parlour, rotary milking parlour, swingover miking parlour, and bucket milking machine. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global milking machines market is segmented - 1) By Product Type: Fully Automatic, Semi-Automatic 2) By Livestock: Cow, Sheep, Goat, Buffalo, Other Livestocks 3) By Application: Micro Dairy Farms, Macro Dairy Farms, Other Applications

Non-invasive prenatal testing is a test in which blood from the mother is drawn and tested for possible abnormalities in the patient. Non-invasive prenatal testing kits and equipment are used to diagnose genetic abnormalities, mainly chromosome defects, in fetuses in the first trimester of pregnancy. The non-invasive prenatal testing market consists of sales of non-invasive prenatal testing kits, instruments, and related services. Non-invasive prenatal testing kits and equipment are used to diagnose genetic abnormalities, mainly chromosome defects, in fetuses in the first trimester of pregnancy. Non-invasive prenatal testing includes ultrasound detection, fetal cells in maternal blood tests, cell-free DNA in maternal plasma tests, and biochemical screening tests. The main types of non-invasive prenatal testing are consumables, and instruments. Consumables are products that are used up or depleted throughout their use. The various instrument used are NGS systems, PCR instruments, microarrays, ultrasound devices, and others (centrifuges, UV systems, incubators, microscopes) and the different consumables include assay kits and reagents, disposables. The applications involve trisomy, microdeletion, genetics, Rh factor that are used by hospitals and diagnostic labs. The non-invasive prenatal testing market research report is one of a series of new reports from The Business Research Company that provides non-invasive prenatal testing market statistics, including non-invasive prenatal testing industry global market size, regional shares, competitors with a non-invasive prenatal testing market share, detailed non-invasive prenatal testing market segments, market trends and opportunities, and any further data you may need to thrive in the non-invasive prenatal testing industry. This non-invasive prenatal testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global non-invasive prenatal testing market will grow from $4.21 billion in 2022 to $4.84 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global non-invasive prenatal testing market is expected to grow to $8.36 billion in 2027 at a CAGR of 14.7%. High incidence rate of Down syndrome is one major factor driving non-invasive prenatal testing (NIPT) market with increase in average maternal age which has led to a concern on the safety about the growth of the fetus. Down syndrome is a chromosomal condition that occurs when an error in cell division results in an extra chromosome 21 and can affect the fetus cognitive ability and physical growth. The NIPT screening tests do not harm the mother or baby, carries no risk of miscarriage as they are non-invasive, and can detect more than 99% of cases of Down syndrome. According to National Down Syndrome Society and Centres for Disease control and Prevention, in the USA, 1 in every 700 babies are born with Down syndrome and 80% of children with Down syndrome are born to older mothers. The increased risk of having babies with Down syndrome among older women drives the non-invasive prenatal testing market. The ethical hurdles in the non-invasive prenatal testing (NIPT) market have led to a range of ethical issues in terms of sex selection or aborting babies with chromosomal abnormality. Determining the sex of the fetus or knowing if the baby has an abnormality at an earlier stage led to abortions and resulted as an ethical issue which further led to strict regulations on using such devices. According to the official statistics provided by the UK government, a record 214,869 abortions were performed in the Englan and Wales in 2021 which was the highest sinch abortion became legal in 1967.. These hurdles will restrain the non-invasive prenatal testing market. Next-generation sequencing has increased the throughput, scalability, and speed, and further enables researchers to perform a wide range of applications and study biological systems at a higher level. Next-generation sequencing is a platform that has enabled the sequencing of thousands to millions of DNA molecules simultaneously. The manufacturers have introduced this technology to reduce the time and money required and optimizes the output to generate results regarding genome, and DNA testing. Major companies such as Illumina, Eurofins, Natera, Roche, and Annoroad have implemented this technology in non-invasive prenatal testing. CFDA (China Food and Drug Administration) has approved the medical instrument product registration of NGS instrument NextSeq 550AR produced by Annoroad. The non-invasive prenatal testing market is regulated by several regulations that are governed by multiple international and country-specific agencies. For instance, the US Food and Drug Administration (FDA) that issues Laboratory Developed Tests (LDTs) certification and Clinical Laboratory Improvement Amendments (CLIA) certification. The manufacturer needs to obtain a 510(k) premarket notification for in vitro diagnostic test. LDTs and CLIA certification are based on number of tests done during clinical trials. For example: For trisomy 21 (Down syndrome), there is an incidence of 1/1000. Given a target of 100 positive results, at least 100,000 samples would have to be tested to meet the requirements of a 510k. A 510k premarket notification demonstrates that the new product is at least as safe and effective as another legally-marketed device. It is mandatory for manufacturers to register a premarket notification before a new product can be certified as fit for market commercially. BioReference Laboratories, a New York-based medical laboratory company, acquired Ariosa's centralized laboratory prenatal testing business from Roche in August 2021.The acquisition will complement the current offerings of BioReference and help it improve its offerings. Ariosa Diagnostics is a US-based non-invasive prenatal screening business owned by Roche.  Major players in the non-invasive prenatal testing market are F. Hoffmann-La Roche AG, IlluminaInc., Laboratory Corporation of America Holdings, NateraInc., PerkinElmerInc., Quest Diagnostics Incorporated, Agilent TechnologiesInc., BGI Diagnosis, Berry Genomics Co., Ltd., LifeCodexx AG, Myriad GeneticsInc., NIPD Genetics, SequenomInc., Annoroad Gene Technology, Centogene AG, CounsylInc., EUROFINS Genoma Group, Eurofins Scientific, Next Biosciences, Premaitha Health PLC., Ariosa Diagnostics (Roche), Premaitha Health, Beijing Genomics Institute, Yourgene Health PLC., GE Healthcare, Koninklijke Philips N.V., Thermo Fisher ScientificInc., Pacific Biosciences of CaliforniaInc., and QIAGEN N.V. North America was the largest region in the non-invasive prenatal testing market in 2022. Western Europe was the second largest region in the global non-invasive prenatal testing market. The regions covered in the global non-invasive prenatal testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the non-invasive prenatal testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The non-invasive prenatal testing market includes revenue earned by ultrasound detection, fetal cells in maternal blood tests, cell-free DNA in maternal plasma tests, and biochemical screening tests. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global non-invasive prenatal testing market is segmented - 1) By Type: Consumables, Instruments 2) By End User: Hospital, Diagnostic Labs 3) By Instruments: NGS Systems, PCR Instruments, Microarrays, Ultrasound Devices, Others(Centrifuges, UV Systems, Incubators, Microscopes) 4) By Consumables: Assay Kits &Reagents, Disposables 5) By Application: Trisomy, Microdeletion, Genetics, Rh factor

Fats and oils are defined as glyceryl esters of various organic acids, that belong to the fatty acid series and are derived from plant or animal sources. The main types of fats and oils are fats and oils. Fats are fatty compounds present in animal and plant tissues. These fats are found in many of the foods people eat. The main types of products include palm, sunflower, olive, soybean, rapeseed, and derived from various sources such as plants and animals. It is used in food, personal care, pharmaceutical, animal feed, Other Distribution Channels and distributed through several channels including supermarkets/hypermarkets, convenience stores, e-commerce, Other Distribution Channels. The fats and oils research report is one of a series of new reports from The Business Research Company that provides fats and oils statistics, including fats and oils industry global market size, regional shares, competitors with fats and oils share, detailed fats and oils segments, market trends and opportunities, and any further data you may need to thrive in the fats and oils industry. This fats and oils research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fats and oils market grew from $181.67 billion in 2022 to $195.6 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fats and oils market is expected to grow to $251.32 billion in 2027 at a CAGR of 6.5%. Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected to result in low raw material costs for fats and oils manufacturing companies. For instance, in November 2022, according to the report Frontline, an India-based national magazine on agriculture, the Cabinet Committee on Economic Affairs announced a bailout package of Rs 7000 crore for farmers involved in the sugar production sectors to fix the minimum selling price of refined sugar at Rs 29 per kilogram (prices dropped to Rs 23-24 recently due to overproduction) and to create a buffer stock of 3 million tonnes of sugar for one year. Thus, the overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable fat and oil manufacturing companies to increase their productivity and drive the market going forward. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the fats and oils manufacturing market in 2020, as supply chains have been disrupted due to trade restrictions and consumption has declined due to global government lockdowns. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the fats and oils manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Manufacturers are increasingly offering avocado oil due to an increase in demand from health-conscious customers. Avocado oil provides a lot of health benefits as it is a healthy fat and contains plenty of vitamins. Also, there is an increase in global avocado fruit production of five million metric tons, and annual production is expected to increase by nearly 200,000 metric tons. Mexico produces around 1.8 million metric tonnes of avocado fruit. This increase in fruit production is also expected to lead to increased demand. Major companies in the fats and oils market include Wilmar International Ltd., Archer-Daniels-Midland Company (ADM), Bunge Limited, Musim Mas, Mewah International, AAK, The Nisshin Oillio Group, CJ Corp, IoI Group, and Ruchi Soya Industries Ltd. Asia-Pacific was the largest region in the fats and oils market in 2022. Western Europe was the second-largest region in the fats and oils market. The regions covered in the fats and oils market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fats and oils market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam. The fats and oils market consists of sales of tallow, butter, lard, soybean oil, palm oil, sunflower oil, rapeseed oil, and other fats and oils. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The fats and oils market is segmented into fats and oils. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fats and oils market is segmented - 1) By Type: Fats, Oils 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels 3) By Product Type: Palm, Sunflower, Olive, Soyabean, Rapeseed 4) By Source: Plants, Animals 5) By Application: Food, Personal Care, Pharmaceutical, Animal Feed, Other Applications

The milk substitutes (non-dairy milk) market consists of sales of milk substitutes. This industry includes establishments that produce milk substitutes such as soy milk, almond milk, and rice milk. The milk substitutes (non dairy milk) market covered in this report is segmented by type into soy milk, almond milk, rice milk, and others. It is also segmented by application into food and beverages; by distribution channel into supermarkets, hypermarkets, convenience stores, specialty stores, online retail stores, and others; and by formulation into plain-sweetened, plain-unsweetened, flavored-sweetened, and others. The milk substitutes (non dairy milk) research report is one of a series of new reports from The Business Research Company that provides milk substitutes (non dairy milk) statistics, including milk substitutes (non dairy milk) industry global market size, regional shares, competitors with milk substitutes (non dairy milk) share, detailed milk substitutes (non dairy milk) segments, market trends and opportunities, and any further data you may need to thrive in the milk substitutes (non dairy milk) industry. This milk substitutes (non-dairy milk) research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global milk substitutes (non dairy milk) market will grow from $30.03 billion in 2022 to $34.27 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global milk substitutes (non dairy milk) market is expected to grow to $58.6 billion in 2027 at a CAGR of 14.4%. The increasing consumer's preference for vegan food is driving the milk substitute market. Consumers are increasingly becoming aware of animal abuse at dairy farms and are avoiding animal-based products. Vegan milk is cholesterol-free, rich in vitamin D and proteins and provides more calcium than animal milk. According to a report by Mintel, sales of non-dairy milk in the USA grew 61% over the last five years. The rising shift towards veganism and health consciousness is driving the milk substitute market. The presence of highly toxic arsenic compounds in rice milk is acting as a restraint on the milk substitute market. Rice milk is made from rice that carries huge levels of arsenic, a highly toxic chemical that is dangerous for human health and may cause cancer. According to a journal on food additives and contaminants, the arsenic proportion in rice milk has a mean value of 63%, which is dangerous for human health. Non-dairy milk producing companies are increasingly focusing on improving the shelf life of their products. Companies are trying to decrease the rate of bacterial formation in non-dairy milk through bacterial clarification using separators intended to remove bacterial spores. Ultra-pasteurization involves heating milk to a temperature of more than 280°F for at least 2 seconds that will kill harmful bacteria and increases shelf life to up to 120 days. For instance, soymilk produced by SunOpta is processed using ultra-pasteurization and has an extended shelf life of 12 months. Also, ultra-pasteurized almond milk by Pacific Foods has a shelf life of about a year. Non-dairy milk producers are governed by various regulations related to product quality, labelling, and others. For instance, in the EU, Regulation (EU) No 1169/2011 was introduced to provide nutritional information about food products to consumers. According to the regulation, non-dairy milk producing companies have to adhere to different protocols pertaining to nutritional labelling, presentation, advertising of foodstuffs and the printed information must be of a minimum font size. The allergens (e.g. soy, nuts, gluten, and lactose) for prepacked foods should be clearly mentioned. For non-dairy products like milk substitutes, an indication of substitute ingredient should be clearly mentioned.  Major players in the milk substitutes (non dairy milk) market are Hain Celestial Group, WhiteWave Foods, ADM, Nutriops S.L and Blue Diamond Growers. North America was the largest region in the milk substitutes (non dairy milk) market in 2022. Western Europe was the second largest region in the global milk substitutes (non dairy milk) market. The regions covered in the global milk substitutes (non dairy milk) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the milk substitutes (non dairy milk) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The milk substitutes (non-dairy milk) market consists of sales of soy milk, nut milk, oat milk, rice milk. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global milk substitutes (non dairy milk) market is segmented - 1) By Type: Soy Milk, Almond Milk, Rice Milk, Other Types 2) By Application: Food, Beverages 3) By Distribution Channel: Supermarkets, Hypermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, Other Distribution Channels 4) By Formualtion: Plain-Sweetened, Plain-Unsweetened, Flavored-Sweetened, Other Formulations

Fatty acids are carboxylic acids that act as energy for muscles, the heart, and other organs as building blocks for fats in the human body and also as an agent that manages inflammation in the body. Fatty acids comprise a straight chain of an even number of carbon atoms with hydrogen atoms along the length of the chain and at one end of the chain and a carboxyl group (COOH) at the other end. The main product types of fatty acids are unsaturated fatty acids and saturated fatty acids. Saturated fatty acids (SFA) are fatty acids that contain no double bonds and have the formula R-COOH. The R-group is a straight-chain hydrocarbon of the form CH3(CH2)n with varying lengths, ranging from short-chain lengths (volatile liquids) to chain lengths of 30 or more carbon atoms (waxy solids). The forms are oil, capsule, syrup, powder. The sources are vegetable oils, marine oils, nuts and seeds, soy and soy products. End-user industries include household, cosmetics and personal care, soap and detergent, oilfield, rubber and plastic, lubricants, and others. The fatty acids market research report is one of a series of new reports from The Business Research Company that provides fatty acids market statistics, including fatty acids industry global market size, regional shares, competitors with a fatty acids market share, detailed fatty acids market segments, market trends and opportunities, and any further data you may need to thrive in the fatty acids industry. This fatty acids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fatty acids market size will grow from $82.09 billion in 2022 to $89.7 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fatty acids market size is expected to grow from $123.61 billion in 2027 at a CAGR of 8.3%. The fatty acids market is being driven by the rising demand for cosmetics and personal care products. Fatty acids are the emollients and emulsifiers in the cosmetics industry, used to replenish and soothe the skin. It is used as an ingredient in a variety of skincare products such as creams, lotions, shampoos, and lipsticks. Esters of fatty acids such as triglycerides, phospholipids, and cholesterol esters are commonly used in cosmetics as skin hydrants and thickeners. According to Coty, a French beauty company, the beauty market has been constantly growing at 3% to 5% every year. Coty also forecasts that its net revenue will grow by 6% to 8% each year through 2025. The rising demand for cosmetics and personal care products increased the demand for fatty acids, thus driving the market during the period. Biological effects due to fatty acid deficiency are a major restraint in the fatty acid market. Biological effects such as blood pressure, stroke, coronary artery disease, inflammation, and various other diseases may occur due to insufficient intake of fatty acids such as alpha-linolenic acid (ALA) and gamma-linolenic acid (GLA). These two fatty acids are necessary and must be included in the diet. Fatty acid deficiency is most commonly observed in infants. The deficiency results in scaly dermatitis, alopecia, thrombocytopenia, and intellectual disability in children. In the US, according to the National Institutes of Health, deficiency of essential fatty acids such as omega-3s and omega-6s can lead to rough, scaly skin and dermatitis. Due to rising awareness regarding health, omega fatty acid supplements are increasingly being used. Omega fatty acids are present extensively in fish oils and are vital ingredients for the human body. Omega-3 supplements can help relieve rheumatoid arthritis symptoms and can also be used as dietary supplements or medicinal supplements. The use of Omega-3 fatty acids and Omega-6 fatty acids helps to combat diseases and improve cardiovascular health, promote healthy metabolism, reduce pain and inflammation in joints, increase optimal brain function, etc. According to the World Health Organization (WHO), 17.9 million people in the world die every year due to cardiovascular diseases. Therefore, rising awareness regarding health issues, especially for heart diseases, is expected to drive the market for fatty acids. In July 2020, Croda, a UK-based specialty chemicals company, acquired Avanti Polar Lipids for an undisclosed amount. This acquisition of Avanti combines with Croda to expand life sciences products, pharmaceutical services, and cGMP production capabilities for biotechnology, pharmaceutical, and life science research customers globally. Avanti Polar Lipids is a US-based biotechnology company. Major players in the fatty acids market are BASF SE, FMC Corporation, The Dow Chemical Company, Koninklijke Dsm Nv, Enzymotec Ltd., Croda International PLC., Omega Protein Corporation, Aker Biomarine As, Polaris Nutritional Lipids, and Cargill, Incorporated. Asia-Pacific was the largest region in the fatty acids market in 2022. North America was the second-largest region in the global fatty acids market. The regions covered in the global fatty acids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the fatty acids market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The fatty acids market consists of the sales of monounsaturated, polyunsaturated, and trans fats. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fatty acids market is segmented - 1) By Product Type: Unsaturated Fatty Acids, Saturated Fatty Acids 2) By Form: Oil, Capsule, Syrup, Powder 3) By Source: Vegetable Oils, Marine, Nuts and Seeds, Soy and Soy Products 4) By End User Industry: Household, Cosmetics, and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, Other End-user Industries

The non-durable goods merchant wholesalers market consists of sales of non-durable goods by entities (organizations, sole traders, partnership) that are sold by non-durable goods merchant wholesalers. Nondurable goods are items generally with a normal life expectancy of fewer than three years. The main types of non-durable goods merchant wholesalers are paper and paper product merchant wholesalers, drugs and druggists' sundries merchant wholesalers, apparel, piece goods, and notions merchant wholesalers, grocery and related product merchant wholesalers, farm product raw material merchant wholesalers, chemical and allied products merchant wholesalers, petroleum and petroleum products merchant wholesalers, beer, wine, and distilled alcoholic beverage merchant wholesalers, and miscellaneous nondurable goods merchant wholesalers. The ownership includes the wholesale or distribution chain; and independent wholesalers. The global non-durable goods merchant wholesalers market size is expected to grow from $17.49 trillion in 2021 to $19.24 trillion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The global non-durable goods merchant wholesalers market size is expected to grow to $23.49 trillion in 2026 at a compound annual growth rate (CAGR) of 13.8%. The growth in retail sales is expected to propel the growth of the non-durable goods merchant wholesalers market going forward. Retail refers to selling in small quantities directly to the ultimate consumer. The increase in retail sales is rising demand for non-durable goods from merchant wholesalers as a non-durable goods merchant wholesaler sells non-durable goods in bulk to various retailers or outlets for onward sale. For instance, in February 2022, according to the United States Census Bureau, a US-based government agency, for July 2022, the retail and food services sales reached $682.8 billion, a 10.3% increase from July 2021. Therefore, the growth in retail sales is driving the growth of the non-durable goods merchant wholesales market. The use of analytics in the wholesale trade market enhances efficiency by anticipating the future demand of the customer. Predictive analytics uses past data to predict future events. Some of the applications where wholesale trade companies use predictive analytics are to project customer profitability, model business scenarios, and improve marketing campaigns. For instance, HD Smith, a pharmaceutical wholesale distributor, implemented analytics to streamline its operations, manage its inventory and perform profitability analysis The major players in the non-durable goods merchant wholesalers market are C&S Wholesale Grocers, Cardinal Health Inc., Heineken, Performance Food Group Company, and Walgreens Boots Alliance. Asia-Pacific was the largest region in the non-durable goods merchant wholesalers market in 2021. North America is expected to be the fastest-growing region in the global non-durable goods merchant wholesalers market during the forecast period. The regions covered in the global non-durable goods merchant wholesalers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the non-durable goods merchant wholesalers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global non-durable goods merchant wholesalers market is segmented - 1) By Type: Paper and Paper Product Merchant Wholesalers, Drugs and Druggists' Sundries Merchant Wholesalers, Apparel, Piece Goods, and Notions Merchant Wholesalers, Grocery and Related Product Merchant Wholesalers, Farm Product Raw Material Merchant Wholesalers, Chemical and Allied Products Merchant Wholesalers, Petroleum and Petroleum Products Merchant Wholesalers, Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers, and Miscellaneous Nondurable Goods Merchant Wholesalers 2) By Ownership: Wholesale/Distribution Chain, and Independent Wholesalers