Press release
Dairy Nutrition Market 2018 : By Key Players Groupe Danone, Fonterra Co-operative Group Ltd., Proliant Inc., Koninklijke DSM N.V., E.I. DuPont De Nemours and Company, Arla Foods amba, Cargill Inc., Groupe Lactalis S.A., APS BioGroup, and Nestle S.A.
Dairy Nutrition
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Major factors propelling growth of the global dairy nutrition market include increasing popularity of functional foods, and rising consumption of dairy protein for muscle building in youths. Extensive use of milk-based ingredients in hair and skin care cosmetics coupled with increasing number of cases of osteoporosis, cardiovascular diseases, malnutrition, and obesity is also expected to fuel growth of the market over the forecast period (2017–2025).
North America held a dominant position, in terms of revenue, in the global dairy nutrition market in 2016, and accounted for a share of 33.82%. This is attributed to increasing prevalence of obesity in the region as dairy proteins helps reducing adipose mass and body weight, these factors are promoting the adoption of dairy nutrition among obese, overweight and diabetic patients.
Asia Pacific is projected to be the fastest growing region in the global dairy nutrition market, registering the highest CAGR of 9.13% over the forecast period. Major factors propelling growth of this market include increasing number of health conscious consumers and rapidly growing food processing industry in the region. Moreover, there is a high demand for dairy nutrition worldwide as these products have high calcium content, which aids in boosting bone density and helps reducing osteoporosis risk. According to the data provided by the National Center for Biotechnology Information (NCBI), in 2014, osteoporosis was major public health issue in Japan and approximately 15% of women in Japan aged 50 and older, were at risk from osteoporosis.
Major players operating in the global dairy nutrition market include Groupe Danone, Fonterra Co-operative Group Ltd., Proliant Inc., Koninklijke DSM N.V., E.I. DuPont De Nemours and Company, Arla Foods amba, Cargill Inc., Groupe Lactalis S.A., APS BioGroup, and Nestle S.A.
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