Press release
Global Dairy Blends Market to reach USD 4.48 Billion by 2028: Global Opportunity Analysis and Industry Forecast
Market Overview:The Global Dairy Blends Market was valued at USD 3.25 Billion in 2021, and it is projected to reach USD 4.48 Billion by 2028, registering an estimated CAGR of 4.7 % during 2021- 2028.
Dairy blends are mixtures of concentrated cream or butter with vegetable oils, providing enhanced taste and additional nutrition to various products. The global dairy blends industry is benefiting from the cost advantages and health benefits they offer. The market is driven by the increasing demand for diverse flavours and the versatility of dairy blends in different industries. They are used in powdered form as stabilizers and sweeteners in ice creams and yoghurts. The market growth is expected to be fueled by consumer preferences for healthy, low-fat alternatives with great taste. Dairy blends are also beneficial for traditional baby foods, reducing cooking time and providing essential nutrients.
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Top Key Players Covered In Dairy Blends Market
• Anchor (Auckland, New Zealand)
• Abbott Nutrition (US)
• Advanced Food Products (PA)
• Agri- Mark Inc. (US)
• Agropur Ingredients (US)
• All American Foods, Inc. (US)
• Friesland Campina (Netherlands)
• Cargill(US)
• Bakels Edible Oils (New Zealand)
• Lactopur (Canada)
• Pacificblends (Canada)
• Galloway Company (US)
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Market Dynamics:
Driver:
Due to shifting social and economic patterns and increased awareness of healthy food choices, functional dairy blends are widely used in food processing units. The demand for dairy blend products is growing rapidly as consumers recognize the health benefits, including reduced risk of diabetes and improved immunity. Convenient and readily available dairy snacks made from dairy blends are considered a fuel for the body. Furthermore, factors such as changing buyer power, evolving meal patterns and food habits, and the desire for healthier substitutes are driving the market growth of dairy blends.
Opportunities:
Urbanization and busy lifestyles have greatly influenced the dairy blend market's growth. The demands of modern life make it increasingly difficult for both men and women to cook at home, especially for working mothers who must balance household responsibilities with childcare. As a result, dairy blends have emerged as a convenient alternative to traditional baby foods like rice or oatmeal. These blends are quick to prepare and offer essential nutrients crucial for a baby's healthy development.
The Report Will Include A Major Chapter
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis.
Segmentation Analysis Of Dairy Blends Market
By Type, Dairy as functional ingredient is estimate to dominate the dairy blends market over the projected period. Milk and dairy products such as yogurt and cheese are essential for delivering functional ingredients.
By Application, Bakery segment is expected to hold the largest share in the upcoming years. Increase in awareness related to health benefits, is propelling the demand for low-calorie bakery products among consumers.
By Form, Spreadable form of dairy blends market segment is anticipated to grow rapidly in the upcoming years. The spreadable form is easy and convenient to use in various food processing units.
By Type
• Dairy Mixtures
• Dairy/Non-dairy ingredients
• Dairy as functional ingredient
• Dairy as carrier
By Application
• Ice- cream
• Yoghurt
• Infant formula
• Bakery
• Feed
By Form
• Spreadable
• Powder
• Liquid
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Regional Analysis Of Dairy Blends Market
Asia-Pacific is projected to dominate the dairy blends market in thee forecasted period. Rapid increase in disposable income as well as growth in demand from developing nations such as India, Japan, China and South Korea and the presence of a large-scale dairy sector in Australia & New Zealand are most likely to drive the market growth in the Asia Pacific region.
By Region
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Key Industry Development In The Dairy Blends Market
In October 2021, Arla Foods Ingredients launched Lacprodan premium ALPHA-10, a dry-blend protein ingredient that can be beneficial for infant formula manufacturers. This blend also possesses whey protein from human milk consisting of essential amino acids.
In February 2021, Cargill launched The Chompery, a novel brand of butcher-quality dog treats. Established to attend to the most recent consumer trends, The Chompery dog treats are all organic, single-ingredient and both sourced and manufactured in the U.S.
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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