Press release
Global Dairy Whitener Market Analysis, Size, Trends, Demand, Share and Growth Forecast till 2022
Fact.MR
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Increase in the consumption of coffee and tea around the globe is the primary aspect driving the growth of the global dairy whitener market. The growing infant formula industry proposes good opportunity for this market in the coming years as dairy whiteners find extensive application in the manufacturing of infant formula and hence the rise in the infant formula is likely to spin the yarn of growth for the dairy whitener market by raising its demand during the period of forecast. Moreover, in association with this point, the rising number of baby births is also indirectly contributing to the growth of the global dairy whitener market. Also, dairy whiteners offer advantages such as portability, convenience and a longer shelf life which has fuelled the adoption of dairy whiteners thereby contributing to its market’s growth. It is also easier to store as compared to milk. However, the factor restraining the growth of the dairy whitener market is the less preference of some customers owing to health awareness, due to which they tend to avoid dairy whiteners. The Europe region is fairly growing yet possesses huge market attractiveness amongst other regions.
Dairy whitenersare also referred to as milk powder, and are largely used as a substitute for milk, especially for tea and coffee. Dairy whiteners are also used in some other food products such as soups, puddings, hot chocolate, as well as certain sauces. Dairy whiteners are those products which have a higher fat content than the Skim Milk Powder (SMP) and lower fat content as compared to WMP (Whole Milk Powder). Dairy whiteners are also called as coffee whiteners or non-dairy creamers. They are sometimes used to create fake snow in movies and certain fireball effects as they are liable to dust explosion when suspended in air.
According to Fact.MR’s research report on the global dairy whitener market, the market is anticipated to reach a value more than US$ 12,000 Mn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.
Unflavored Dairy Creamer Segment is the Largest Segment by Product Type
By product type, the unflavored dairy creamer segment possess the largest market share and is poised to retail this state with a steady CAGR. The flavored dairy creamer also grows at the same pace as unflavored dairy creamer segment yet has a low market share. The unflavored dairy creamer segment enjoys a higher market share of almost 64% during the forecast period of 2017 to 2022, with a gain in the BPS by the end of 2022.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of the global dairy whitener market through 2022, which include Fonterra Co-operative Group Limited, Nestlé SA, Danone, Inner Mongolia Yili Industrial Group Co., Ltd., Morinaga Milk Industry Co., Ltd., Britannia Industries Limited, Gujarat Cooperative Milk Marketing Federation Ltd., HATSUN AGRO PRODUCT LTD., Arla Foods amba and Schreiber Foods Inc.
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Table of Content
1. Global Dairy Whitener Market - Executive Summary
2. Global Dairy Whitener Market Overview
2.1. Introduction
2.1.1. Global Dairy Whitener Market Taxonomy
2.1.2. Global Dairy Whitener Market Definition
2.2. Global Dairy Whitener Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Dairy Whitener Market Y-o-Y Growth
2.3. Global Dairy Whitener Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Sourcing Strategy and Analysis
2.8. Trade Analysis
2.9. Key Participants Market Presence (Intensity Map by Region)
3. Global Dairy Whitener Market Analysis and Forecast By Product Type
3.1. Global Dairy Whitener Market Size and Forecast By Product Type, 2012-2022
3.1.1. Flavoured Dairy Creamer Dairy Whitener Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Unflavoured Dairy Creamer Dairy Whitener Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continue…@@
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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