The Dairy Ingredients Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The Dairy Ingredients Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The dairy ingredients market report has been segmented on the basis of product, application, and region.
This Dairy Ingredients Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources.
Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Dairy Ingredients Market Overview:
Dairy Ingredients Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
Dairy ingredients are extracted from dairy products and are used to provide flavor and texture to food and beverages. Dairy ingredients are stored in dry, concentrated, and liquid forms.
Dairy ingredients are considered an important element in food and beverages, as it gives desirable attributes to food.
On the basis of product, the milk powder segment is expected to hold a major revenue share in the global dairy ingredients market.
The milk powder segment includes skimmed milk powder and whole milk powder. Skimmed milk powder increases the shelf life of the product owing to less moisture content in it. Growing demand for ready-to-eat food is expected to propel segment growth over the forecast period.
On the basis of the application, the dairy products segment is estimated to hold a major revenue share in the global dairy ingredients market and is expected to maintain its dominance over the forecast period.
The dairy products segment includes milk, yogurt, buttermilk, cheese, butter, buttermilk, ice cream, cream, and lactose-free dairy products.
Growing awareness regarding the nutritional benefits related to the consumption of dairy products is anticipated to augment segment growth.
Asia Pacific market is estimated to hold major revenue share in the global dairy ingredients market, in 2017 and is expected to maintain its dominance over the forecast period.
Growing health awareness among people is expected to boost the demand for nutritional food and beverages, and in turn, is anticipated to drive the Asia Pacific dairy ingredients market.
Changing the food habits of the people in the region is expected to drive the region's growth over the forecast period.
The Asia Pacific accounts for the largest revenue share contribution of the target market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively.
Moreover, favorable government regulations are anticipated to promote investment in the food and beverage industry in the region.
Market segmentation and key players operating in the global dairy ingredients market:
- Milk Powder
- Whey Ingredients
- Milk Protein Concentrates (MPC)
- Milk Protein Isolates (MPI)
- Milk Protein Hydrolysates
- Lactose & Derivatives
- Others (Blenders & Replacers, Rolled Dried Powder, and Casein & Caseinate)
- Bakery & Confectionery
- Dairy Products
- Infant Milk Formula
- Convenience Food
- Sports & Clinical Nutrition
- Others (processed meat, beverages, and non-dairy creamers)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Arla Food Ingredients
- FrieslandCampina Ingredients
- Fonterra Co-Operative Group Limited
- Dairy Farmers of America (DFA)
- Glanbia PLC
- Aurivo Dairy Ingredients Limited
- Saputo Inc.
- Sodiaal Group
- Groupe Lactalis S.A.
- Volac International Limited
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!