Press release
Dairy Blends Global Market Share Report, Revenue Trends, Industry Outlook, Size, Growth Factors and Forecast 2033 | All American Foods Inc., Cargill Incorporated, Kerry Group PLC, Glanbia PLC, Ace International LLP
Dairy Blends Market
The Business Research Company presents an extensive market research report on the Dairy Blends Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The dairy blends market size has grown strongly in recent years. It will grow from $3.67 billion in 2023 to $3.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to changing consumer preferences, cost efficiency, improved shelf stability, globalization of food industry, functional and nutritional enhancements..
The dairy blends market size is expected to see strong growth in the next few years. It will grow to $5.46 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to supply chain enhancements, emerging market demand, diverse food applications.. Major trends in the forecast period include regional and ethnic variations, packaging innovation, transparency and traceability, culinary innovation and applications, allergen-free options, marketing strategies, product innovation..
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Key Market Players:
Major companies operating in the dairy blends market report are Cape Food Ingredients West Africa Ltd., All American Foods Inc., Cargill Incorporated, Fonterra Co-operative Group Limited, Kerry Group plc, Royal FrieslandCampina NV, Döhler Inc., Agropur Ingredients LLC, Advanced Food Products LLC, Glanbia plc, Galloway Company Inc., Interfood Holding B.V., Intermix Australia Pty Ltd., Ace International LLP, Dairy Farmers of America Inc., Danone SA, Nestlé SA, Dean Foods Company, Land O'Lakes Inc., Archer Daniels Midland Company (ADM), Batory Foods, Bunge Limited, Foremost Farms USA Cooperative, Idaho Milk Products Inc., Lactalis Ingredients SA, Leprino Foods Company, MCT Dairies Inc., Milk Specialties Global Co., Pacific Dairy Ingredients Inc., Westland Co-operative Dairy Company Limited
Market Drivers:
The increase in milk production used for various dairy products is expected to propel the dairy blend market going forward. Milk production refers to the milk produced for various milk products or dairy products. Consumers are showing interest in dairy products as they are conscious of their health. Milk is a source of rich protein and is therefore used in the preparation of various dairy blends. As a result, an increase in milk production increases the demand for the dairy blend market. For instance, In February 2022, according to a U.S.-based agency, U.S. 2021 milk production totaled 226.3 billion pounds, representing an increase of 2.9 billion pounds over 2020. Therefore, the increased milk production used for various dairy products is driving the dairy blend market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/dairy-blends-global-market-report
The dairy blends market covered in this report is segmented -
1) By Type: Dairy Mixture, Dairy/Non Dairy Ingredients, Dairy As A Functional Ingredient, Dairy As A Carrier
2) By Form: Spreadable, Liquid, Powder
3) By Flavor: Regular, Flavoured
4) By Distribution Channel: B2B, B2C
5) By Application: Ice Cream And Frozen Desserts, Sweet And Savory Snacks, Bakery And Confectionery, Infant Nutrition And Baby Food, Beverages, Meat, Seafood, Dietary Supplements
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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