Global Dairy Ingredients Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global dairy ingredients market in its upcoming report titled, “Global Dairy Ingredients Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global dairy ingredients market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The 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 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 report is based on 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 future.
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 as an important element in food and beverages, as it gives desirable attributes in food.
On the basis of product, the milk powder segment is expected to hold major revenue share in the global dairy ingredients market. 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, dairy products segment is estimated to hold major revenue share in the global dairy ingredients market and is expected to maintain its dominance over the forecast period. 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 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 Asia Pacific dairy ingredients market. Changing food habits of the people in the region is expected to drive the region 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 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
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 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
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