Dairy Ingredients Market, to witness market growth at a rate of 8.4%, By Type (Proteins, Milk Powder), Form (Powder, Liquid)

The dairy ingredients market is expected to witness market growth at a rate of 8.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on dairy ingredients market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in health consciousness globally is escalating the growth of dairy ingredients market.

Dairy ingredients are defined as the substances that are extracted from dairy products for preparing numerous food and beverage products such as desserts, chocolates, bakery stuff and ice-creams among others. These nutritious ingredients are usually stored in the form of a liquid, dry and concentrated. They comprise of large amount of nutrients, minerals, vitamins, and proteins.

View Detailed Report Analysis: https://www.databridgemarketresearch.com/reports/global-dairy-ingredients-market

The increase in demand for dairy products across the globe acts as one of the major factors driving the growth of dairy ingredients market. The rise in focus on prioritizing health and actively searching for healthy alternatives and fitness activities among consumers, and increase in prevalence of lifestyle-related illness accelerate the market growth. The rise in the sales of dairy protein concentrates especially among consumers interested in sports nutrition, and increase in application in the nutrition and convenience food sectors further influence the market. Additionally, rise in awareness about health and wellness, surge in the disposable income, change in consumer lifestyle, and abolition of milk quota in the European Union positively affect the dairy ingredients market. Furthermore, product innovations and support by government and non-government bodies in funding SMEs and start-ups to support dairy businesses extends profitable opportunities to the market players in the forecast period of 2021 to 2028.

On the other hand, high capital investment in manufacturing dairy ingredients and rise in incidences of lactose intolerance and allergies are expected to obstruct the market growth. Increase in demand for alternatives, such as plant protein, and consumer inclination toward vegan products are projected to challenge the dairy ingredients market in the forecast period of 2021 to 2028.
Key Players Analysis :

The major players covered in the dairy ingredients market report are Fonterra Co-operative Group, Unternehmensgruppe Theo Müller, Westland Milk Products, LACTALIS Ingredients, FrieslandCampina Ingredients, Nutrinnovate Australia, Glanbiaplc, TATURA, Darigold, Arla Foods Ingredients Group P/S, AMCO Proteins, Idaho Milk Products, wheyco GmbH, Hoogwegt, Kerry Inc., Agropur US, Milk Specialties, ALPAVIT, Cniel, and Lacto Japan, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Dairy Ingredients Market Scope and Market Size

The dairy ingredients market is segmented on the basis of type, form, livestock and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the dairy ingredients market is segmented into proteins and milk powder. Proteins are further segmented into whey protein concentrates, whey protein isolates, casein & caseinates, milk protein concentrates, milk protein isolates and milk protein hydrolysates. Milk powder is further segmented into skimmed milk powder, whole milk powder, milk fat concentrates, lactose & its derivatives and other types.
On the basis of form, the dairy ingredients market is segmented into powder and liquid.
On the basis of livestock, the dairy ingredients market is segmented into cows, buffaloes, goats, sheep and camels.
On the basis of application, the dairy ingredients market is segmented into bakery & confectionery, dairy products, sports nutrition products, infant formulas, and other applications.

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