Press release
Booming Growth: Dairy Ingredients Market Projected To Reach $111.9 Billion by 2029
"The dairy ingredients market is eyeing robust growth with a CAGR of 8.6%, owing to rising health consciousness and increased demand for sports nutrition.
What Is The Projected Market Size Of The Global Dairy Ingredients Market And Its Growth Rate?
* The market size of dairy ingredients grew from $74.85 billion in 2024 to an anticipated $80.38 billion in 2025, showcasing a CAGR of 7.4%. This growth was backed by the robust economy in emerging markets, population growth, and health-conscious consumers.
* The market is projected to enjoy a strong growth trajectory to reach $111.9 billion in 2029, with a CAGR of 8.6%. Factors such as increasing diseases, population growth, improvements in cold chains, increased dietary consciousness, and higher demand for sporting nutrition are expected to boost the growth.
What Is Driving The Growth In The Dairy Ingredients Market?
Increased health concerns are contributing significantly to the growth of the dairy ingredients market. The rising trend of maintaining a healthy lifestyle has bolstered intake of health-enhancing dietary products. According to a survey by the US-based International Food Information Council (IFIC), 54% of Americans adopted a healthier diet in 2024, showing a rise from 52% in 2023. This increased inclination towards healthier living and dietary choices is poised to catalyze the growth of the dairy ingredients market.
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Who Are the Key Players Driving Dairy Ingredients Market Growth?
* Fonterra Co-operative Group
* Dairy Farmers of America
* Groupe Lactalis
* Agropur Dairy Cooperative
* Saputo Inc
* Arla Foods
* Sodiaal Group
* Glanbia PLC
* Kerry Group
* Milk Specialties
What Are The Key Trends In The Dairy Ingredients Market?
* Focusing on automation
* Increased interest in dairy protein supplements
* Leveraging Internet of Things (IoT)
* Collaborating with e-commerce companies
* Focusing on clean label products
* Prioritizing partnerships and acquisitions
* Developing innovative whey protein ingredients
* Leveraging 3D printing
* Concentrating on advancements in separating technologies
What Are The Segments Of The Global Dairy Ingredients Market?
* By Type: Milk Powder, Whey Protein, Milk Protein, Third- Generation Ingredient, Casein, Butter Milk Powder, Milk Permeate, Whey Permeate, Lactose
* By Source: Milk, Whey
* By Form: Powder, Liquid
* By Production Method: Traditional Method, Membrane Separation
* By Application: Dairy Products, Convenience Food, Bakery And Confectionery, Infant Milk Formula
Which Region Leads The Dairy Ingredients Market?
Asia-Pacific led the dairy ingredients market in 2024 followed by North America. The other regions covered in the dairy ingredients market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Dairy Ingredients Market Global Market Report?
* Market Size Analysis: Analyze the Dairy Ingredients Market size by key regions, countries, product types, and applications.
* Market Segmentation Analysis: Identify various subsegments within the Dairy Ingredients Market for effective categorization.
* Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
* Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
* Market Contribution: Evaluate contributions of different segments to the overall Dairy Ingredients Market growth.
* Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
* Industry Challenges: Analyze challenges and risks affecting the Dairy Ingredients Market.
* Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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