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Dairy Ingredients Market worth $104.61 billion by 2030, growing at a CAGR of 8.23% - Exclusive Report by 360iResearch

03-12-2024 06:11 AM CET | Food & Beverage

Press release from: 360iResearch

Dairy Ingredients Market | 360iResearch

Dairy Ingredients Market | 360iResearch

The "Dairy Ingredients Market by Type (Milk Powder, Proteins), Form (Dry, Liquid), Source, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Dairy Ingredients Market to grow from USD 60.13 billion in 2023 to USD 104.61 billion by 2030, at a CAGR of 8.23%.

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Dairy ingredients are components derived from milk that enhance a wide range of food products' nutritional value, flavor, and textural properties. These ingredients include milk powders, whey proteins, lactose, casein, and various milk fats and derivatives. Essential to the food industry, dairy ingredients play a critical role in food manufacturing, serving as vital elements in household items such as cheese, yogurt, ice cream, and baked goods, as well as in specialized products such as sports nutrition, infant formula, and medical nutrition. The increasing need for bakery and confectionery products worldwide boosts the demand for dairy ingredients. Additionally, growing consumer preferences for nutritional and healthy food propels the production of dairy ingredients. However, the health concerns and the complexity associated with dairy ingredients present a significant challenge for manufacturers and suppliers. Moreover, the rising consumer preference for clean-label and plant-based alternatives fosters the innovation of new formulations and presents a significant opportunity for manufacturers.

In the Americas, with a focus on the United States and Canada, the dairy ingredients market is highly developed with a strong emphasis on innovation and product diversification. The United States holds a strong position due to its high cheese and milk powder production, while Canada benefits from its robust dairy support programs. At the same time, the European Union (EU) countries are characterized by stringent quality controls and geographical indications for dairy products, ensuring high-quality dairy ingredients in their markets. A strong emphasis on food safety and quality also showcases demand for non-GMO and organic dairy products, reflecting a trend towards natural and environmentally friendly products amongst European consumers. Meanwhile, the Middle East region is seeing rapid growth in the demand for dairy ingredients, particularly in Gulf Cooperation Council (GCC) countries, driven by high per capita consumption and preference for imported premium dairy products. The dairy ingredients market in Asia is rapidly growing, with countries such as China, Japan, and India showing significant increases in production and consumption driven by urbanization and increasing income levels. Chinese consumers have a growing appetite for milk powders, particularly infant formula, and are increasingly open to trying new dairy products. At the same time, Japanese consumers are known for valuing the functional benefits of dairy products, such as probiotics in yogurts, which bodes well for the future growth of dairy ingredients driven by health and wellness trends.

Market Segmentation & Coverage:

This research report categorizes the Dairy Ingredients Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Milk Powder and Proteins. The Milk Powder is further studied across Colostrums, Dairy Protein Fractions, Lactose & Its Derivatives, Milk & Whey Peptides, Milk Fat Concentrates, Skimmed Milk Powder, and Whole Milk Powder. The Proteins is further studied across Casein & Caseinates, Milk Protein Concentrates, Milk Protein Hydrolysates, Milk Protein Isolates, Whey Protein Concentrates, and Whey Protein Isolates. The Milk Powder commanded largest market share of 61.88% in 2023, followed by Proteins.

Based on Form, market is studied across Dry and Liquid. The Dry commanded largest market share of 71.17% in 2023, followed by Liquid.

Based on Source, market is studied across Buffaloes, Camels, Cows, Goats, and Sheep. The Cows commanded largest market share of 41.27% in 2023, followed by Buffaloes.

Based on Application, market is studied across Animal Feed, Bakery, Confectionery, Dairy Products, Functional Food, Infant & Pediatric Formula, and Sports Nutrition. The Dairy Products commanded largest market share of 28.93% in 2023, followed by Infant & Pediatric Formula.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.47% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Dairy Ingredients Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Dairy Ingredients Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Dairy Ingredients Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Amco Proteins, Archer-Daniels-Midland Company, Arla Foods Ingredients Group P/S, Batory Foods, Cargill, Incorporated, Cayuga Milk Ingredients, Dairy Farmers of America Inc., Dairy Ingredients Inc., Danone S.A., Epi Ingredients, Euroserum, Fonterra Co-operative Group Limited, Glanbia PLC, Gujarat Cooperative Milk Marketing Federation Ltd., Hoogwegt Groep B.V., ICL Food Specialties, Ingredia SA, International Food Products Corporation, Kansas Dairy Ingredients, Kerry Group PLC, Koninklijke DSM N.V., Lactalis Ingredients, Lacto Japan Co., Ltd., LAND O'LAKES, INC., Olam Group, Ornua Co-operative Limited, Pacific Dairy Ingredients, Prolactal GmbH, Saputo Inc., and Valio Group.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Dairy Ingredients Market, by Type
7. Dairy Ingredients Market, by Form
8. Dairy Ingredients Market, by Source
9. Dairy Ingredients Market, by Application
10. Americas Dairy Ingredients Market
11. Asia-Pacific Dairy Ingredients Market
12. Europe, Middle East & Africa Dairy Ingredients Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Dairy Ingredients Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Dairy Ingredients Market?
3. What is the competitive strategic window for opportunities in the Dairy Ingredients Market?
4. What are the technology trends and regulatory frameworks in the Dairy Ingredients Market?
5. What is the market share of the leading vendors in the Dairy Ingredients Market?
6. What modes and strategic moves are considered suitable for entering the Dairy Ingredients Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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