Press release
Fermented Dairy Ingredients Market Size 2024 to 2031.
Market Overview and Report Coverage| Fermented Dairy Ingredients | are dairy products that have undergone a fermentation process, which involves the breaking down of lactose by bacteria, resulting in a tangy flavor and various health benefits such as improved digestion and probiotic properties. These ingredients are commonly used in a wide range of food and beverage products, including yogurt, cheese, and kefir.
The Fermented Dairy Ingredients Market is poised for substantial growth in the coming years, with a projected CAGR of 4.40% during the forecasted period. Factors driving this growth include the increasing consumer demand for healthier and probiotic-rich food options, the rising popularity of fermented dairy products due to their unique flavors and textures, and the growing awareness of the health benefits associated with these ingredients.
In addition, the expanding food and beverage industry, especially in emerging markets, along with innovations in product development and processing techniques, is expected to further boost the market growth. Manufacturers are also focusing on introducing new fermented dairy ingredient products with enhanced flavors, textures, and nutritional profiles to cater to changing consumer preferences.
Overall, the future outlook for the Fermented Dairy Ingredients Market is positive, with opportunities for market players to capitalize on the rising demand for these healthy and versatile ingredients.
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Market Segmentation
The Fermented Dairy Ingredients Market Analysis by types is segmented into:
• Cheese
• Flavoured Milk
• Yogurt
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Fermented dairy ingredients are popular in the market in various forms such as cheese, flavored milk, and yogurt. Cheese is a widely consumed dairy product crafted by curdling milk and draining the whey. Flavored milk is traditionally regular milk with added flavors like chocolate or strawberry. Yogurt is a creamy dairy product made by fermenting milk with live bacteria cultures. Each of these products offers consumers a unique taste and nutritional profile, making fermented dairy ingredients a versatile and sought-after market segment.
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The Fermented Dairy Ingredients Market Industry Research by Application is segmented into:
• Bakery
• Dairy
• Snacks
• Others
Fermented dairy ingredients are commonly used in a variety of applications including bakery, dairy, snacks, and other food products. In the bakery sector, these ingredients enhance flavor and texture of breads, pastries, and desserts. In the dairy industry, they are used in the production of yogurts, cheeses, and other dairy products. In the snacks market, fermented dairy ingredients are used to create flavorful and nutritious snacks like chips and dips. Additionally, they are utilized in various other food products to improve taste and nutritional value.
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In terms of Region, the Fermented Dairy Ingredients Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Fermented Dairy Ingredients market?
The global fermented dairy ingredients market is witnessing several emerging trends, including a growing demand for probiotic-rich products due to increasing awareness of their health benefits. Additionally, there is a rising interest in functional dairy ingredients like peptides and bioactive compounds for their potential to improve gut health and overall well-being. Clean label and organic fermented dairy ingredients are also gaining popularity among health-conscious consumers. Furthermore, technological advancements in fermentation processes are leading to the development of innovative products with enhanced flavor profiles and nutritional content. Overall, these trends are expected to drive the growth of the global fermented dairy ingredients market in the coming years.
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Major Market Players
Koninklijke DSM N.V. is a global science-based company active in health, nutrition, and sustainable living. The company's history dates back to 1902 when it was established in the Netherlands. DSM has seen significant growth over the years and is now one of the leading players in the fermented dairy ingredients market. In 2020, DSM reported sales revenue of approximately $10.7 billion.
Chr. Hansen Holding A/S is a global bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical, and agricultural industries. The company was founded in 1874 in Denmark and has become a key player in the fermented dairy ingredients market. Chr. Hansen reported sales revenue of around $1.3 billion in 2020, demonstrating its strong market presence.
Cargill, Incorporated is an American multinational corporation that is involved in the production and marketing of food, agricultural, financial, and industrial products and services. With a history dating back to 1865, Cargill has built a strong reputation in the food industry, including the fermented dairy ingredients sector. In 2020, Cargill reported sales revenue of approximately $114.6 billion, reflecting its significant market size and growth.
These companies, along with other major players like Kerry Group plc and Archer Daniels Midland Company, have a significant impact on the global fermented dairy ingredients market. As consumer demand for natural and healthy food products continues to rise, these companies are expected to maintain their strong position in the market and drive further growth in the coming years.
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