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Dairy Ingredient Market Growth Analysis By Size at 7.2%, Share, News, Demand, Opportunity and Forecast: 2022-2029
The Global Dairy Ingredient Market is forecast to reach above USD 109.26 billion by 2029 by rising at a compound annual growth rate (CAGR) of 7.2% throughout the forecast period from 2022 to 2029Dairy Ingredient Market Overview
Milk is the source of dairy ingredients, which meet dietary, organoleptic, and other functional requirements. Dairy ingredients are highly prized in the food industry for their versatility and are regarded as fundamental components in the creation of meals. The market for dairy ingredients is expanding as a result of rising food demand brought on by developing countries' expanding economies and expanding populations. Other important factors driving the adoption of dairy components include the rise in nutritionally conscious customers, rising demand for clean label products, and improvements in supply chain management.
Dairy components frequently offer simple-to-read labels for packaged goods. These substances also have many other qualities, such as whey protein concentrate, which has gelling capabilities and also aids in absorbing moisture; caseinate, which can emulsify and stabilise; and lactose, which aids in browning when heated. However, the hydrolytic activity of the enzyme lactase and the crystallisation properties of lactose make it crucial for frozen and confectionery products. As a result, dairy ingredients can be selected by food producers to assure food quality.
The global Dairy Ingredient market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In 2021, Eurial Ingredients & Nutrition launched EuriNutri WPC, a whey protein concentrate ingredient having 80% of protein content. This ingredient is prepared from sweet whey, which is manufactured at the company's plant in France.
In 2020, Arla Foods launched an organic ingredient for the first time, i.e., MicelPure, a micellar casein isolate. This ingredient contains a minimum of 87% native milk protein and has low fat and lactose content.
On March 27, 2018, the French dairy cooperative Laita and its subsidiary Epi Ingredients launched a new nutrient, ESI Nutrition.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Dairy Ingredient market manufacturers. The revenue created from the sales of Dairy Ingredient Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Arla Food amba, Fonterra Co-Operative Group Limited, Saputo, Inc., Groupe Sodiaal, Hoogewegt Group B.V., and Royal FrieslandCampina N.V. and Others.
The Dairy Ingredient Market has been segmented as below:
Dairy Ingredient Market By Source, 2022-2029, (USD Million)
Milk Based
Whey Based
Dairy Ingredient Market By Product, 2022-2029, (USD Million)
Milk Powder
Casein & Caseinate
Whey Ingredients
Lactose
Proteins
Others (Yogurt And Cream)
Dairy Ingredient Market By End User, 2022-2029, (USD Million)
Pediatrics
Sports Nutrition
Medical Nutrition
Health Foods
Bakery
Dairy
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Dairy Ingredient Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Dairy Ingredient market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
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Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Dairy Ingredient Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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