According
to the current analysis of Reports and Data, the global Dairy
Ingredients Market was valued at USD 52.6 billion in 2018 and is
expected to reach USD 80.1 billion by the year 2026, at a CAGR of 5.4%. Dairy
ingredients are derived from fluid milk in the form of cream, butter, condensed
milk, dry milk, cheese, and whey products. The use of such constituents in
formulated foods enhance consumer appeal, improves the nutritional value, and
supplies functionality features. Modified ingredients, when designed to meet
specific functional requirements of the food manufacturer, could supply not
only the inherent benefits of the dairy raw materials but also improve economy
and convenience. Introduction of these functionally designed, and industrially
oriented, new ingredients into international trade would tend to reduce the
economic pressures of overproduction in dairy production areas and be of
benefit to the food industries in the non-dairying countries as well.
Consumer
trends, especially in functional foods as well as fast and convenient foods,
are shaping the development of new products in the marketplace. More recently,
market opportunities have been leveraged in nutraceutical beverages for use as
tools for weight management, meal replacement, and geriatric nutritional needs
using fluid skim milk, nonfat dry milk, milk protein concentrate, and whey
protein concentrate. In addition, coffee-based drinks have provided the
consumer with a variety of nutritional and functional drinks.
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Competitive
Landscape:
The research
report offers details about leading companies in the global Dairy Ingredients
market along with global position, financial standing, license agreement,
products and services portfolio and revenue contribution of each market player.
Key players in the market are focusing on adopting various strategies such as
mergers and acquisition, business expansion plans, new product launches,
partnerships, collaborations, joint ventures to enhance their product base and
gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
· FrieslandCampina
(Netherlands),
· Fonterra
Co-operative Group Limited (New Zealand),
· Dairy
Farmers of America (U.S.),
· Arla
Foods (Denmark),
· Glanbia
plc (Germany).
· Devondale
Murray Goulburn (Australia),
· Groupe
Lactalis (Germany),
· Volac
International Limited (U.K.).
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Dairy Ingredients Market Segmentation based on Types:
- Milk powder
- Whey
ingredients
- Milk protein
concentrates (MPC)
- Milk protein
isolates (MPI)
- Lactose and
its derivatives
- Casein &
caseinates
- Milk protein
hydrolysates
- Other dairy
ingredients
Dairy Ingredients Market Segmentation based on
Application:
- Bakery &
confectionery
- Dairy
products
- Convenience
food
- Infant milk
formula
- Sports &
clinical nutrition
- Other food
products
Dairy Ingredients Market Segmentation based on Regions:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
·
Latin
America (Brazil, Rest of Latin America)
·
Middle
East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East &
Africa)
Key
Features of the global Dairy Ingredients Market:
·
The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
·
The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
·
Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
·
Optimum
strategic initiatives for new players in the market.
·
Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
·
The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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