Dairy Blends Market Size

Statistics for the 2023 & 2024 Dairy Blends market size, created by Mordor Intelligence™ Industry Reports. Dairy Blends size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Dairy Blends Industry

Dairy Blends Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 7.80 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Dairy Blends Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Dairy Blends Market Analysis

The dairy blends market is projected to register a CAGR of 7.8% during the forecast period (2023-2028).

The COVID-19 outbreak had a negligible negative impact on the dairy blends market. As they are essentially used in the food and beverage sector, the demand for dairy blends increased due to the demand for different processed foods. According to the International Trade Administration (ITA), in 2019, the Chinese food and beverage industry experienced a 7.8% increase than in 2018, with an expected growth of 16% in 2021. The food and beverage sector and the constant demand for infant solutions added to the stable demand for dairy blends.

The increasing health consciousness among customers and the nutritional benefits of these products have encouraged the consumers to opt for dairy blends, as they have various health benefits like enhanced immune function and a reduced risk of several diseases, like diabetes. The presence of essential nutrients with lesser fat content adds to the surging growth of dairy blends in the market.

The availability of numerous flavors also fuels the demand for dairy blends. Companies are trying to experiment with various combinations of flavors to cater to the growing demand for innovation. Moreover, dairy blends can be used in various forms in different industries. For instance, powdered dairy blends can be used as sweeteners and stabilizers in many yogurts and ice creams.

Dairy Blends Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)