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Dairy Ingredients Market - Growth, Trends, and Forecasts (2020 - 2025)
Global Dairy Ingredients Market is Type (Milk Powders-(Skimmed Milk Powders and Whole Milk Powders), Milk Protein Concentrate & Milk Protein Isolate, Whey Ingredients- (Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI), Whey Protein Isolate (WPI)), Lactose & Derivatives, Casein & Caseinates, Dairy Blenders & Replacers, Others), Application (Bakery & Confectionery, Dairy Products, Infant Milk Formula, Sports & Clinical Nutrition, Other), and Geography.
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2016-2025
Base Year:
2019
Fastest Growing Market:
North America
Largest Market:
Asia Pacific
CAGR:
5.83 %
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Market Overview
Global dairy ingredients market is projected to grow at a CAGR of 5.83% during the forecast period 2020-2025.
- Dairy ingredients are substances which are extracted from dairy products and are used to give texture and flavor to the food and beverages. These are stored in dry, concentrated and liquid forms. Dairy ingredients provide emulsification, fat holding, viscosity creation, and gel formation.
- Increased consumption of dairy ingredients is being observed in vegetarians, as dairy serves as the primary source of protein and nutrition in their diet.
Scope of the Report
Global dairy ingredients market is segmented on the basis of application, type, and region. Milk powder holds a major share of the market. Bakery and confectionary, dairy, convenience foods, and sports & clinical nutrition products are the major end-users of the dairy ingredients. Milk protein concentrates & milk protein isolates have higher growth prospects, due to the increasing popularity of sports. Also, the study provides an analysis of the dairy ingredients market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Type | |||||
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| Milk Protein Concentrate & Milk Protein Isolate | |||||
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| Lactose & Derivatives | |||||
| Casein & Caseinates | |||||
| Dairy Blenders & Replacers | |||||
| Others |
| By Application | |
| Bakery & Confectionery | |
| Dairy Products | |
| Infant Milk Formula | |
| Sports & Clinical Nutrition | |
| Other |
| Geography | |||||||||
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Key Market Trends
Growing Awareness Towards Healthy Food
The growing prominence of nutritional enrichment in foods & beverages due to increased awareness towards maintaining healthy lifestyle among individuals, is projected to have a positive impact on the dairy ingredients market. The dairy ingredients market is also being driven by the regulatory support from the United States FDA and United Kingdom government, which is intended to incorporate proteins in food and drinks. The rise in disposable income of the consumers, coupled with increased inclination to pay a premium price for food products with various health benefits is a key driver in the dairy ingredients market. Increasing demand for protein supplements in food items has resulted in new product launches by food & beverage companies, which is expected to fuel the demand for whey and milk powders.
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Asia-Pacific Holds the Major Share in Dairy Ingredient Market
Asia-Pacific is the largest segment in the diary ingredients market, followed by Europe and North America. The European and North American markets are also projected to witness growth over the forecast period. High-concentrate ingredients, such as whey proteins and milk protein isolates, are majorly used in developed nations, such as the United States, Germany, and France. On the other hand, low-concentrate ingredients are prevalent in the developing countries. An increase in the disposable incomes, along with a constant increase in the toddler and infant population in the Asia -Pacific region, are anticipated to benefit the global diary ingredients market.
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Competitive Landscape
Some of the major players in the dairy ingredients market are Amul, Arla Foods, Dairy Farmers of America, Euroserum, Fonterra Co-Operative Group Limited, FrieslandCampina, Glanbia, Plc, Lactalis, HATSUN Agro Products, Kanegrade Ltd, Murray Goulburn Co-operative, and Nestle SA, among others.
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Table Of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Milk Powders
5.1.1.1 Skimmed Milk Powders
5.1.1.2 Whole Milk Powders
5.1.2 Milk Protein Concentrate & Milk Protein Isolate
5.1.3 Whey Ingredients
5.1.3.1 Whey Protein Concentrate (WPC)
5.1.3.2 Whey Protein Isolate (WPI)
5.1.3.3 Hydrolyzed Whey Protein (HWP)
5.1.4 Lactose & Derivatives
5.1.5 Casein & Caseinates
5.1.6 Dairy Blenders & Replacers
5.1.7 Others
5.2 By Application
5.2.1 Bakery & Confectionery
5.2.2 Dairy Products
5.2.3 Infant Milk Formula
5.2.4 Sports & Clinical Nutrition
5.2.5 Other
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Italy
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 UAE
5.3.5.2 Saudi Arabia
5.3.5.3 Rest of MEA
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Arla Foods
6.4.2 Dairy Farmers of America
6.4.3 Euroserum
6.4.4 Fonterra Co-Operative Group Limited
6.4.5 FrieslandCampina
6.4.6 Glanbia, PLC
6.4.7 Kanegrade Ltd
6.4.8 Murray Goulburn Co-operative
6.4.9 Saputo Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
** Subject to Availability
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