Press release
Dairy Ingredients Market is expected to grow at a CAGR of 3.0% to reach US$ 105,295.16 million by 2028
Dairy ingredients are a rich source of proteins, amino acids, carbohydrates, minerals and vitamins, and probiotics. Dairy ingredients are used in various food and beverages, including bakery products, confectionery, ice creams, dairy products, desserts, spice blends, and dry baking mixes.
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Dairy proteins are used in protein supplements and functional foods. Moreover, dairy ingredients are also used in personal care products as they provide hydration to the skin and hair. Furthermore, dairy proteins are used in animal feed to feed fortification to fulfil livestock animals' nutritional requirements.
Growth in Dairy Industry Driving Dairy Ingredients Market
The global dairy industry is witnessing notable growth. According to the United Nations Food and Agriculture Organization (FAO), global milk production accounted for 928 million tons in 2021. The rising population and changing diets of people are potentially driving the growth of the dairy industry. Moreover, rapid urbanization, increasing disposable income, and rising preference for protein-rich, nutritious foods are also boosting the development of the dairy industry. Furthermore, the dairy industry is undergoing a technological transformation. Manufacturers use emerging technologies, such as blockchain, robotics, and GPS-enabled devices, to optimize dairy production. These factors are driving the growth of the dairy industry, which is likely to propel the growth of the dairy ingredients market over the forecast period.
The scope of the Dairy Ingredients Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Dairy Ingredients Market in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Dairy Ingredients Market, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry.
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Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market
Major key players covered in this Dairy Ingredients Market report:
• FrieslandCampina Ingredient.
• Fonterra Co-operative Group Limited
• Arla Foods Ingredients Group P/S
• Lactalis Ingredients
• AGROPUR
• Saputo Inc.
• Kerry Group
• AMCO Proteins
• PROLACTAL
Dairy Ingredients Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Dairy Ingredients Market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Dairy Ingredients Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
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Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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