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Market overview
Dairy ingredients are extracted primarily from milk and whey and are used t- produce different product forms with a wide range of use. Such ingredients, give food goods health and safety advantages, taste, and other characteristics. The traditional heat treatment process is used t- manufacture dairy ingredients, followed by cooling and addition of flavors, while the modern membrane-separation technique is still employed for the same purpose. Dairy ingredients in form of milk powder are strengthened by exceptionally low microbiological levels and high heat stability in the formula formulation of infant products and this facilitates long processing times during production of the formula.
Market Highlights
Fatpos Global anticipates the Dairy Ingredients market t- surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. This growth is anticipated due t- the advent of rising awareness among individuals towards a healthy lifestyle and this has led t- a substantial increase in the importance of nutritional enrichment in food and beverages. The world demand for dairy products has been powered by a higher consumer perception of public safety, complemented by the multi-faceted application of dairy ingredients, packaged, and functional food consumption.
Source: Fatpos Global
Recent Highlights in the Dairy Ingredients market
In August 2016, PowerBar released a brand-named Clean Whey' a whey product line, consisting of tw- grams of sugar and the absence of the formulation of artificial sweeteners.
Dairy Ingredients Market: Segments
The Global market has been segmented on the basis of product type, application type, and location. It has been further segmented on the basis of region int- North America, Europe, Asia-Pacific, Mid East, and Africa.
By product type (in %), global Dairy Ingredients Market, 2019
The skimmed milk is anticipated t- register 23.3% of the volume share and is expected t- grow on the account of increases shelf life and low moisture content
The Global Dairy Ingredients Market is segmented by product type int- skimmed milk powder, whole milk powder, buttermilk powder
Improved commodity demand in RUFs or fortified mixed food (BFFs), as well as therapeutic and supplementary foods due t- the low content of fat and moisture, would raise the market size of dairy ingredients over the expected timeframe.
By Application type (in %), global Dairy Ingredients Market, 2019
Dairy products accounted for 38.5% of the global volume in 2019.
Global Dairy Ingredients Market is segmented
By Application type: Dairy products, bakery and confectionary, infant milk formula, convenience food, sports &clinic nutrition, and others
In view of the growing demand for cream, milk, butter, yogurt, cheese, chocolate, ice cream, and lactose-free milk products, this segment will be expected t- rise significantly The increased consumption of chocolate in functional foods due t- its stress-relieving property are planned t- promote the use of milk powder.
Source: Fatpos Global
Global Dairy Ingredients Market: Drivers and Restraints
Drivers
Growing health concerns
Growing customer health and wellbeing issues, technology development, and new investigations and technologies are aimed at improving applicability.
Advancement in R&D
The rise of R&D in innovative milk solutions; rise in the application field, including confectionery and dairy; and an increase in urban development drive market growth.
Technological Advancement
Recent technological advances such as adsorption chromatography have been found t- manufacture prebiotic ingredients, providing significant potential for the growth of the industry.
Restraints
The rapid growth of substitutes
This rise is hampered by the development of milk product substitutes and by lactose sensitivity and milk allergies. CO2 injections, which have similar functional features as acid casein, were developed t- replace potential casein and caseinate ingredients with dairy protein concentrate (MPCs).
Global Dairy Ingredients Market: Regions
Asia Pacific was the largest market accounting for XX% of total market volume share in 2019
It is anticipating that regulation would increase the production potential of baked and sport nutrition products in the food & beverage sectors in China and India. This pattern is expected t- continue t- be a significant driver of the use of milk products and would likely contribute t- demand growth during the forecast period.
Increasing spending by sports professionals and working people on nutritional items are expected t- promote the use of milk powder as functional ingredients in Germany, France, the UK, and Russia t- boost muscle strength.
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
Source: Fatpos Global
Global Dairy Ingredients Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y
- Growth, CAGR - United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR - Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR - United Kingdom, France, Germany, Italy, Spain, Belgium,
Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,
Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR - India, China, South Korea, Japan, Malaysia, Indonesia, New
Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
- CAGR - North Africa, Israel, GCC, South Africa
Global Dairy Ingredients Market: Key Players
Fonterra Co-Operative Group Limited
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Dairy Farmers of America
Auriv- Dairy Ingredients
FrieslandCampina.
Glanbia PLC
Arla Foods
Dairy Ingredients Inc
Kellogg
Other prominent players
Global Dairy Ingredients Market report als- contains analysis on:
Dairy Ingredients Market Segments:
By product type:
Skimmed milk powder
Whole milk powder
Buttermilk powder
By Application type:- - -
Dairy products
Bakery and confectionary
Infant milk formula
Convenience food
Sports &clinic nutrition
Others
Global Dairy Ingredients Market Dynamics
Global Dairy Ingredients Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Global Dairy Ingredients Market
Which segment is anticipated t- hold the largest market share?
At what CAGR is the market anticipated t- grow between 2020 and
Wh- are the key players in the global Dairy Ingredients market?
What could be the challenging factors for the growth of the Dairy Ingredients market?
What are the growth drivers for the Dairy Ingredients market?