Global Dairy Ingredients Market, By Type (Proteins, Milk Powder), Form (Powder, Liquid), Livestock (Cows, Buffaloes, Goats, Sheep, Camels), Application (Bakery & Confectionery, Dairy Products, Sports Nutrition Products, Infant Formulas, Other Applications), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Dairy Ingredients Market
The dairy ingredients market is expected to witness market growth at a rate of 8.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on dairy ingredients market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in health consciousness globally is escalating the growth of dairy ingredients market.
Dairy ingredients are defined as the substances that are extracted from dairy products for preparing numerous food and beverage products such as desserts, chocolates, bakery stuff and ice-creams among others. These nutritious ingredients are usually stored in the form of a liquid, dry and concentrated. They comprise of large amount of nutrients, minerals, vitamins, and proteins.
The increase in demand for dairy products across the globe acts as one of the major factors driving the growth of dairy ingredients market. The rise in focus on prioritizing health and actively searching for healthy alternatives and fitness activities among consumers, and increase in prevalence of lifestyle-related illness accelerate the market growth. The rise in the sales of dairy protein concentrates especially among consumers interested in sports nutrition, and increase in application in the nutrition and convenience food sectors further influence the market. Additionally, rise in awareness about health and wellness, surge in the disposable income, change in consumer lifestyle, and abolition of milk quota in the European Union positively affect the dairy ingredients market. Furthermore, product innovations and support by government and non-government bodies in funding SMEs and start-ups to support dairy businesses extends profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, high capital investment in manufacturing dairy ingredients and rise in incidences of lactose intolerance and allergies are expected to obstruct the market growth. Increase in demand for alternatives, such as plant protein, and consumer inclination toward vegan products are projected to challenge the dairy ingredients market in the forecast period of 2021 to 2028.
This dairy ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dairy ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dairy Ingredients Market Scope and Market Size
The dairy ingredients market is segmented on the basis of type, form, livestock and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the dairy ingredients market is segmented into proteins and milk powder. Proteins are further segmented into whey protein concentrates, whey protein isolates, casein & caseinates, milk protein concentrates, milk protein isolates and milk protein hydrolysates. Milk powder is further segmented into skimmed milk powder, whole milk powder, milk fat concentrates, lactose & its derivatives and other types.
- On the basis of form, the dairy ingredients market is segmented into powder and liquid.
- On the basis of livestock, the dairy ingredients market is segmented into cows, buffaloes, goats, sheep and camels.
- On the basis of application, the dairy ingredients market is segmented into bakery & confectionery, dairy products, sports nutrition products, infant formulas, and other applications.
Dairy Ingredients Market Country Level Analysis
The dairy ingredients market is analysed and market size, volume information is provided by country, type, form, livestock and application as referenced above.
The countries covered in the dairy ingredients market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the dairy ingredients market because of the rise in the population and inclination toward the healthy lifestyle among the people within the region. North America is expected to witness fastest growth during the forecast period of 2021 to 2028 due to the high demand for high-concentrate ingredients, such as whey proteins and milk protein isolates in the region.
The country section of the dairy ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dairy Ingredients Market Share Analysis
The dairy ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dairy ingredients market.
The major players covered in the dairy ingredients market report are Fonterra Co-operative Group, Unternehmensgruppe Theo Müller, Westland Milk Products, LACTALIS Ingredients, FrieslandCampina Ingredients, Nutrinnovate Australia, Glanbiaplc, TATURA, Darigold, Arla Foods Ingredients Group P/S, AMCO Proteins, Idaho Milk Products, wheyco GmbH, Hoogwegt, Kerry Inc., Agropur US, Milk Specialties, ALPAVIT, Cniel, and Lacto Japan, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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