Press release
Dairy Ingredients Market Report, Trends, Share, Size, Growth, Opportunities And Forecast 2024-2033
Dairy Ingredients Market
The Business Research Company presents an extensive market research report on the Dairy Ingredients 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 ingredients market size has grown strongly in recent years. It will grow from $70.28 billion in 2023 to $75.45 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, global population growth and growing number of health-conscious consumers..
The dairy ingredients market size is expected to see strong growth in the next few years. It will grow to $101.82 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing number of diseases, rising population, rising penetration of organized retail, improvements in cold chains, increased dietary consciousness and increasing demand for sports nutrition. Major trends in the forecast period include focusing on automation, focusing on diary protein supplements, leveraging iot, collaborating with e-commerce companies, focusing on clean label products, focusing on partnerships and acquisitions, focusing on developing innovative whey protein ingredients, leveraging 3d printing and focusing on the advancement of separation technologies..
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Key Market Players:
Major companies operating in the dairy ingredients market report are Fonterra Co-operative Group, Dairy Farmers of America, Groupe Lactalis, Agropur Dairy Cooperative, FrieslandCampina Ingredients, Saputo Inc, Arla Foods, Sodiaal Group, Glanbia PLC, Kerry Group, Milk Specialties, Pacific Dairy Ingredients, ProviCo, Amul, Pacific Dairy, China Mengniu Dairy Company Limited, Milk Powder Co.Ltd, China Shengmu Organic Milk Limited, Mother Dairy, Kwality Limited, Dynamix Dairy, AAVIN, MILMA, Dudhsagar Dairy, Bates Dairy, Muller UK & Ireland, Dairy Crest, Meadow Foods, Dale Farm, Yeo Valley, Glanbia Cheese, Lactalis International, Danone S.A, Savencia Fromage & Dairy, Dutch Dairy Center, Holland Dairy Star BV, Michael and Augustine, Bel Group, J.N Dairies, Carron Lodge Ltd, County Milk Products Ltd, Danone Russia, Kompaniya Pavlov, Molvest, Olam, Rusmolco, CLAL, Siemens Dairy industry, Gabrovo Milk Ltd, JOSSI Ltd, Kondov Ecoproductia, Lactalis, Nestle, Danone North America, Schreiber Foods, Kraft Heinz Co, ConAgra Brands, Prairie Farms Dairy Inc, California Dairies Inc, Sunopta Inc, GLORIA SA, NESTLE PERU SA, SANCOR COOPERATIVAS UNIDAS LIMITADA, Italac, Piracanjuba, La Serenisima, Colun, Ilolay, The Hain Celestial Group Inc, Earth's Own Food Company, Eden Foods Inc, Al Safi Danone Ltd, Nada Dairy, Nadec, Saudia Dairy and Foodstuff Company (Sadfco), Ornua, Danya Foods Ltd, Al Amoudi Group, Yalla Protein, Almarai, Pinar Dairy Food Co, Friesland Arabia Ltd, Tara Dairy, Arla Food Inc, Dano Milk Nigeria, Fan Milk Plc, FrieslandCampina, Bandini Cheese (Pty) Ltd, Clover SA (Pty) Ltd, Coega Dairy (Pty) Ltd, Danone Southern Africa (Pty) Ltd, Darling Romery (Pty) Ltd, Denmar Estates (Pty) Ltd, The Arab Dairy Products Co, Brego Food Industries
Market Drivers:
The rise in health concerns among people is contributing to the growth of the dairy ingredients market. Health-conscious individuals are increasing their intake of health products, including dietary products, to maintain a healthy lifestyle. For instance, according to the report published by the World Health Organization, a Switzerland-based government agency and provider of leadership on global health matters, in 2021, safely managed sanitation services grew from 47% to 54%. Additionally, it is anticipated that by 2030, 67% of people will have access to safe sanitation. The rise in health concerns will drive the growth of the dairy ingredients market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/dairy-ingredients-global-market-report
The dairy ingredients market covered in this report is segmented -
1) By Type: Milk Powder, Whey Protein, Milk Protein, Third- Generation Ingredient, Casein, Butter Milk Powder, Milk Permeate, Whey Permeate, Lactose
2) By Source: Milk, Whey
3) By Form: Powder, Liquid
4) By Production Method: Traditional Method, Membrane Separation
5) By Application: Dairy Products, Convenience Food, Bakery And Confectionery, Infant Milk Formula, Sports Nutrition, Medical Nutrition, Animal Nutrition, Other Applications
Sub segment: Whey Protein Concentrate (WPC, Whey Protein Isolate (WPI), Hydrolyzed Whey Protein (HWP), WPC 80, WPC34, Other Concentrates, Food, Feed, Pharmaceuticals And Nutraceutical, Infant Formula, Other Uses, Sweet Whey, Acid Whey
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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