According to SPER Market Research, the Dairy Ingredient Market Report is because the need for protein is rising, and as a result, goods with dairy ingredients are more popular among consumers as sources of protein. Future sales of dairy ingredients will rise as a result of expansion in the economy and ongoing investments in technology.
The aging population and the rising number of health problems are causing people to switch from unhealthy diets to nutritional diets instead of eating junk food and fast food.
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Market Overview (2022-2030)
- Forecast CAGR (2022-2030): 6.9%
- Forecast Market Size (2030): 108.4 Billion
Consumers are embracing a dairy-free diet due to the rise in cases of lactose intolerance, allergies to milk or milk-based products, and a move toward vegan diets and healthy lifestyles. The market for dairy ingredients is facing difficulties due to the rising demand for dairy substitutes.
Increased manufacturing of processed foods and innovations in markets like infant formula, processed meat products, dairy, bakery goods, and functional food & beverages may be the main drivers of this demand.
Global Dairy Ingredient Market Insights, Size and Growth Forecast To 2030
COVID-19 impact on Dairy Ingredient Market:
As a result of the COVID-19 outbreak, there have been significant changes in demand, bottlenecks in farm labor, processing, transport, and logistics, and severe medical, social, and economic challenges. These changes have had a simultaneous impact on farm production, food processing, transport, and logistics, as well as demand. Manufacturers, suppliers, and retailers struggled to guarantee a steady supply of dairy ingredients in the market as a result of an unforeseen disruption in supply chains during the epidemic. Although the COVID-19 epidemic has been greatly impacted by the supply, the demand for dairy ingredients has not changed.
Industry Definition and Major Segments:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
Global Dairy Ingredient Market, By Type:
- Proteins
- Milk Powder
- Other types
Global Dairy Ingredient Market, By Form:
- Dry
- Liquid
Global Dairy Ingredient Market, By Application:
- Bakery & confectionery
- Dairy products
- Sports nutrition products
- Infant formulas
- other applications
Global Dairy Ingredient Market, By Livestock:
- Cows
- Other livestock
Global Dairy Ingredient Market, By Region:
- North America
- Europe
- Asia-Pacific
This research also includes important market drivers and restraints for the forecast period. The study also covers several developments potential.
Key Market Players:
The global Dairy Ingredient Market study provides market data by the competitive landscape, revenue analysis, market segments, and detailed analysis of key market players such as; AMCO Proteins, Arla Foods, Batory Foods, Dairy Farmers of America, Fonterra Co-operative Group, FrieslandCampina, Glanbia, Groupe Lactalis, Hoogwegt Group, Ingredia SA, Kerry Group, Ornua, Prolactal, Saputo, Valio.
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SPER Market Research study aims to provide market dynamics, demand, and supply with a yearly forecast for 2030. We have served over 20 industries, with core offerings in Pharmaceutical/Healthcare, Business to Business research (B2B), Nutraceuticals, Food & Beverages, cosmetics, Dermatology, Dental, Herbal, Chemical, Consumer, Information Technology, and other industries.
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Introduction
Demand for dairy nutritional and nutraceutical products has grown significantly in recent years. Higher consumption of dairy protein is forcing dairy food processing companies to increase their production volume. Milk is the major ingredient in all dairy nutritional products. The global production volume of milk is increasing perennially owing to the ever expanding application base of the product. Global sales of dairy nutritional and nutraceutical ingredients was valued at US$ 12.2 Bn in 2015 and is projected to be valued at US$ 24.5 Bn by 2024. Sales revenue is expected to register a CAGR of 8.1% during the forecast period (2016–2024).
Dairy farms owners are adopting advanced dairy farm management systems and deploying latest milking equipment. For instance, introduction of advanced robotic milking technology or automatic milking system that can assist in both herd management and milk production are fulfilling the requirements of lactating dairy. These latest technologies are expected to enhance the essential farm components and farm management systems. Few popular milk-based confectionary items include yogurt and cheese, ice cream, dietetic formulations, desserts, energy bars, infant formulae toppings, baked goods, low-fat spreads, sports beverages, and geriatric nutritional products.
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The market for dairy nutritional and nutraceutical ingredients is majorly driven by factors such as increasing awareness on benefits of dairy nutritional ingredients, easy availability of caseinate and caseins and growing demand for milk-based hair and skin care cosmetics. In addition, the steady rise in demand for dairy nutraceutical ingredients from the food processing sector is further expected to influence the overall market growth. Health benefits of consuming such nutritional products may include lower risk of cholesterol, cardiovascular disease, healthy bone growth and improved digestive health.
The Growing Consumer Expectation
Dairy food manufacturers are incessantly increasing the use of ingredients such as dairy protein, prebiotics, colostrum, and nucleotides in their products in order to meet consumer expectation. Modern day consumers are highly conscious about maintaining a fit and healthy body and demand pleasant yet healthy products. Thus companies focus on offering healthier indulgent food and beverages. Innovative ingredients that add both taste and texture in food items are witnessing a healthy amount of success and are being appreciated by consumers. Adding nutritional ingredients such as dairy protein to infant formula, clinical nutrition and functional food greatly improve their food value.
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Trends
Most dairy food processing companies are emphasizing on offering higher food value to consumers. Thus, structurally modifying functional properties of the ingredients. The companies are employing qualified management staff for further developing and enhancing their products. The ever-increasing quality requirement is resulting in further development of solutions tailored to meet specific customer request accordingly. For instance, Epi Ingredients a leading dairy ingredient producing company based in Europe has recently showcased its latest EPILAC powders at Health Ingredients (Hi) Europe 2016. The powder is available in all-natural premium fermented flavors (fermented milk powder, yoghurt powder and quark powder).
Conclusion
In 2015, the global sales of dairy nutritional and nutraceutical ingredients surpassed US$ 12 Billion and is anticipated to reach US$ 24.5 Billion by the end of 2024. The market for dairy nutritional and nutraceutical ingredients is relatively larger in North America than other regions. Growing preference for dairy protein ingredients in clinical nutrition, functional food, bakery & confectionaries, infant formula, personal care and dairy products preparation is well supporting the market growth in North America. In addition, the presence of major dairy protein manufacturers in North America is further expected to benefit the market in the region.
Key Players
Some of the key players identified in the global dairy nutritional and nutraceutical ingredients market include Fonterra Co-operative Group Ltd., Koninklijke DSM N.V., Proliant Inc., Arla Foods amba, E.I. DuPont De Nemours and Co., Cargill Inc., APS Biogroup, Groupe Lactalis S.A., Nestlé SA, and Danone SA.
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Report on World Dairy Ingredient Market by Product Type, Market, Players and Regions-Forecast to 2025 by DecisionDatabases.comDairy Ingredient market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/48817-world-dairy-ingredient-market-reportThe Players mentioned in our reportFrieslandCampina (The Netherlands)Fonterra Co-Operative Group (New Zealand)Arla Foods.
(Ireland)Euroserum (France)Groupe Lactalis (Germany)Saputo Inc. (Canada)Volac International Limited (U.K.)Murray Goulburn Co-Operative Co. Limited (Australia)Dairy Farmers of America (U.S.)Global Dairy Ingredient Market: Product Segment AnalysisMilk PowderWhey IngredientsMPC & MPILactose & its DerivativesCasein & CaseinatesOthers (include milk protein hydrolyzed, whey protein hydrolyzed, milk and whey peptides, dairy protein fractions, colostrums, and a-lac)Global Dairy Ingredient Market: Application Segment AnalysisBakery & ConfectioneryDairy ProductsConvenience FoodsInfant Milk FormulaSports & Clinical nutritionOther Food Products (meat, beverages, and non-dairy creamers)Global Dairy Ingredient Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Dairy Ingredient Market @ https://www.decisiondatabases.com/contact/download-sample-48817There are 10 Chapters to deeply display the World Dairy Ingredient Market.Chapter 1 About the Dairy Ingredient IndustryChapter 2 World Market Competition LandscapeChapter 3 World Dairy Ingredient Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Dairy Ingredient Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase the complete World Dairy Ingredient Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-48817Other Reports by DecisionDatabases.com:World Non-dairy Creamer Market Research Report 2025World Dairy Packaging Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research report provider, enriching decision makers and strategists with qualitative statistics.
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According to Renub Research, Global Protein Ingredient Market is projected to reach US$ 73.7 Billion by 2027.The "soy protein concentrates" are the highly consumed form of plant proteins ingredients.
It is easily digestible and have greater fat retention capacity and higher Milk Protein Concentrates render the desired nutritional value to sports food products, contributing to their increasing usage in various supplements.
This results from the high infiltration of vegan, protein-based products in the retail market & weight management.Companies adopt numerous strategies to gain an advantage in the protein ingredients market.
The companies covered in this report are Archer Daniels Midland Co., MGP Ingredients, Kerry Group plc, and Tessenderlo.Renub Research report titled "Protein Ingredient Market Global Forecast by Products (Plant & Animal/Dairy) Plant Protein (Wheat, Soy Protein Concentrates, Soy Protein Isolates, Textured Soy Protein, Pea, Canola & Others), Animal/Dairy Proteins (Egg Protein, Milk Protein Concentrates/Isolates, Whey Protein Hydrolysates, Whey Protein Isolates, Gelatin, Casein/Caseinates, Collagen Peptides & Others), Form (Solid, Liquid), Application (Food & Beverage, Animal Feed, Cosmetics & Personal Care & Others), Regions (North America, Europe, Asia Pacific, South America, Rest of World), Company Analysis (Archer Daniels Midland Co., DuPont de Nemours Inc, MGP Ingredients, Kerry Group Plc, Tessenderlo)" provides an all-encompassing analysis on the Global Protein Ingredient Industry.Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=protein-ingredient-market-p.phpThis report has been broadly divided into two Products and further into its sub-products· Plant Proteins· Animal/Dairy ProteinsPlant Proteins1.
LiquidApplication – Market breakup from Four Viewpoints1.
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