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Dairy Blends Market Landscape 2025: Forecast Data and Growth Strategy Insights
Dairy Blends Market Size
What Is the Expected CAGR for the Dairy Blends Market Through 2025?
In the past few years, there has been significant growth in the size of the dairy blends market. It is predicted to increase from $3.96 billion in 2024 to $4.27 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the growth in the previous period include shifts in consumer preference, cost-effectiveness, superior shelf stability, the internationalization of the food industry, and advancements in functionality and nutrition.
What's the Projected Size of the Global Dairy Blends Market by 2029?
In the upcoming years, the dairy blends market is forecasted to experience significant growth, with its value expected to reach $5.94 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.7%. The growth during the projected period is due to improvements in supply chain, increasing demand from emerging markets, and a range of food applications. The major trends during this forecasted period encompass regional and ethnic variations, innovations in packaging and products, transparency and traceability, culinary creativity and applications, allergen-free choices, and marketing tactics.
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Top Growth Drivers in the Dairy Blends Industry: What's Accelerating the Market?
The dairy blend market is expected to be driven by the projected rise in milk production for diverse dairy products. Milk production is the process of producing milk for different types of milk or dairy products. Health-conscious consumers are increasingly interested in dairy products. Milk, a rich source of protein, is used in the making of assorted dairy blends. Consequently, a rise in milk production translates into increased demand for the dairy blend market. For example, in June 2023, the United States Department of Agriculture, an executive department in the U.S., reported that milk production in the United States for May 2023 amounted to 19.9 billion pounds, a 0.6 percent increase from May 2022. Therefore, the escalating milk production for assorted dairy products is accelerating the growth of the dairy blend market.
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What Trends Will Shape the Dairy Blends Market Through 2029 and Beyond?
The dairy blends market is witnessing a significant trend of product innovation. Leading firms in this sector are aiming to create new products to satisfy the needs of their customers. For example, in June 2022, Danone, an enterprise based in France that specialises in dairy blends, introduced an innovative baby formula that blends dairy and plants. This was introduced to offer parents a superior feeding alternative for their babies. The novel formula merges dairy blends with plant-based nutrients, offering comprehensive nutrition to babies, encompassing plant proteins, fats, and fibers. This is the first baby formula of its kind with a blend of 60% plant proteins and 40% dairy proteins.
What Are the Main Segments in the Dairy Blends Market?
The dairy blends market covered in this report is segmented -
1) By Type: Dairy Mixture, Dairy Or Non Dairy Ingredients, Dairy As A Functional Ingredient, Dairy As A Carrier
2) By Form: Spreadable, Liquid, Powder
3) By Flavor: Regular, Flavored
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, s
Subsegments:
1) By Dairy Mixture: Whole Dairy Blend, Skim Dairy Blend, Cream Dairy Blend
2) By Dairy Or Non-Dairy Ingredients: Dairy And Plant-Based Blends, Dairy And Alternative Protein Blends
3) By Dairy As A Functional Ingredient: Protein-Enriched Dairy Blends, Probiotic Dairy Blends
4) By Dairy As A Carrier: Flavor Carriers, Nutrient Carriers
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Which Top Companies are Driving Growth in the Dairy Blends Market?
Major companies operating in the dairy blends market 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
Which Regions Will Dominate the Dairy Blends Market Through 2029?
Asia-Pacific was the largest region in the dairy blends market share in 2024. The regions covered in the dairy blends market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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