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Dairy Blends Market By Type (Dairy Mixtures, Dairy/ Non-dairy Ingredients, Dairy as Functional Ingredients, Dairy as Carriers, Other ), By Form (Spreadable, Powder, Liquid), By Application (Ice Creams, Yogurts, Infant Formula, Bakery, Feed, Butter & Cheese Spreadable Blends, Beverages, Other), Global Analysis to 2023


Published on: 2024-06-22 | No of Pages : 320 | Industry : Food and Beverages Research

Publisher : MIR | Format : PDF&Excel

Dairy Blends Market By Type (Dairy Mixtures, Dairy/ Non-dairy Ingredients, Dairy as Functional Ingredients, Dairy as Carriers, Other ), By Form (Spreadable, Powder, Liquid), By Application (Ice Creams, Yogurts, Infant Formula, Bakery, Feed, Butter & Cheese Spreadable Blends, Beverages, Other), Global Analysis to 2023

Dairy Blends Market Size And Forecast

According to the new report titled " Dairy Blends Market By Type (Dairy Mixtures, Dairy/ Non-dairy Ingredients, Dairy as Functional Ingredients, Dairy as Carriers, Other ), By Form (Spreadable, Powder, Liquid), By Application (Ice Creams, Yogurts, Infant Formula, Bakery, Feed, Butter & Cheese Spreadable Blends, Beverages, Other), Global Analysis to 2023", the valuation of the  Dairy Blends market was $2.70 Million in 2023 and is projected to reach $6.51 Million by 2032, at a CAGR of 7.92% from 2021 to 2032.

The Dairy Blends Market was valued at $2.70 Million by 2023 and expected to grow at CAGR of 7.92% over forecast period.

Dairy blends are products made by combining dairy ingredients with other components to achieve specific desired properties or functionalities. These blends are formulated to enhance the texture, flavor, nutritional profile, and processing characteristics of dairy-based products. Dairy blends can consist of various combinations of dairy ingredients such as milk powders, butterfat, cream, cheese, and whey, as well as non-dairy ingredients like vegetable fats, sugars, stabilizers, and flavorings. Dairy blends offer a cost-effective solution for food manufacturers compared to using individual dairy ingredients. By combining different dairy components with non-dairy ingredients, manufacturers can create blends that provide the desired functionality, texture, and flavor at a lower cost than using 100% dairy ingredients.

Dairy blends offer a wide range of functional properties, including emulsification, stabilization, texture enhancement, and flavor enhancement. This versatility makes dairy blends suitable for use in a variety of food applications, including bakery, confectionery, dairy products, prepared foods, and nutritional products. Dairy blends offer convenience and efficiency in food manufacturing, as they simplify ingredient sourcing, handling, and storage processes. By using pre-mixed blends, manufacturers can streamline production operations, reduce processing time, and improve overall efficiency, driving demand for dairy blends. The expansion of the food industry, along with ongoing product innovation and development, is driving demand for new and innovative dairy blend formulations. Manufacturers are continually introducing new blends with improved functionality, nutritional profiles, and sensory attributes to meet evolving consumer preferences and market trends.

Dairy Mixtures held the largest share in the Dairy Blends market

By Type (Dairy Mixtures, Dairy/ Non-dairy Ingredients, Dairy as Functional Ingredients, Dairy as Carriers, Other ) where Dairy Mixtures plays a crucial role in the Dairy Blends market. Dairy mixtures" can refer to blends of various dairy ingredients, such as milk powders, cream, butterfat, whey, and cheese, among others. These mixtures are commonly used in the formulation of dairy blends to achieve specific functionalities and characteristics in food products. Dairy mixtures contribute to the functional properties of dairy blends, including emulsification, stabilization, and texture modification.

These properties are essential in food processing and formulation, allowing manufacturers to achieve desired product characteristics such as viscosity, shelf-life stability, and mouthfeel. The demand for dairy blends with specific functional properties can drive the need for tailored dairy mixtures. Dairy mixtures can offer cost-effective solutions for food manufacturers by optimizing ingredient utilization and production efficiency. Blending different dairy ingredients allows manufacturers to achieve desired product characteristics while minimizing costs associated with ingredient sourcing, handling, and storage.

Asia Pacific headed the Dairy Blends market in 2023

The Asia-Pacific region is experiencing rapid urbanization, leading to changes in dietary habits and lifestyles. As consumers adopt more Westernized diets and seek convenience foods, the demand for dairy-based products, including dairy blends, is increasing. Rising disposable incomes in countries across the Asia-Pacific region have led to higher purchasing power and increased spending on premium and value-added food products. Dairy blends, which offer convenience, functionality, and flavor enhancement, are becoming increasingly popular among consumers in the region.

The dairy industry in the Asia-Pacific region is expanding rapidly, driven by increasing demand for dairy products, rising investments in dairy infrastructure, and government support for dairy farming. As a result, there is a growing supply of dairy ingredients, such as milk powders, cream, and butterfat, which are used in the formulation of dairy blends. The demand for processed and convenience foods is on the rise in the Asia-Pacific region, driven by busy lifestyles, urbanization, and changing consumer preferences. Dairy blends are used in a wide range of processed food products, including bakery items, confectionery, snacks, and ready-to-eat meals, to enhance flavor, texture, and shelf-life stability.

Key market players operating in the market that are profiled in the report are All American Foods Inc., Fonterra Co-operative Group Limited, Kerry Group, Agri-Mark Inc., Royal Frieslandcampina N.V., Cargill Inc., Doehler Group, Advanced Food Products LLC, Agropur Ingredients, Intermix Australia Pty Ltd., Abbott Nutrition, Johnson & Johnson, Cape Food Ingredients, Galloway Company etc.

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Cargill Inc., Fonterra Co-operative Group Ltd., Kerry Group, Cape Food Ingredients, Dohler Group, Royal Frieslandcampina NV, Galloway Company, Intermix Australia Pvt. Ltd

SEGMENTS COVERED

By Type, By Application, By Form, By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

 

Key Players

The major players in the Global Dairy Blends Market are

  • All American Foods
  • Batory Foods
  • Royal FrieslandCampina NV
  • Kerry Group
  • Dana Foods Inc.
  • Cargill
  • Fonterra Co-operative Group Ltd.,
  • Cape Food Ingredients
  • Dohler Group
  • Galloway Company
  • Intermix Australia Pvt. Ltd.
  • Agropur Ingredients
  • Advanced Food Products LLC

Global Dairy Blends Market Segmentation Analysis

The Global Dairy Blends Market is Segmented on the basis of Type, Application, Form, And Geography

Dairy Blends Market, By Type

  • Dairy as Carrier
  • Dairy Mixture
  • Dairy/Non-Dairy Ingredient

Based on Type, the market is segmented into Dairy as Carrier, Dairy Mixture, Dairy/Non-Dairy Ingredient. The most significant market share over the predicted period was represented by milk/non-dairy components. This type is applicable in several industries, such as formulas for infant use, milk preparations, bakeries, other dairy goods and food bars, cocoa, and clothing.

Dairy Blends Market, By Application

  • Yogurt
  • Beverage
  • Ice Cream
  • Bakery
  • Feed
  • Butter and Cheese Spreads
  • Infant Formulations
  • Others

Based on Application, the market is segmented into Yogurt, Beverage, Ice Cream, Bakery, Feed, Butter and Cheese Spreads, Infant Formulations, and Others. In 2015 the baking sector was the largest market share. Increasing health awareness increases consumer demand for low-calorie bakery items. That is predicted to propel the milk mixing market in this particular area as useful ingredients. Dairy mixtures are economical alternatives to butter, have reduced fat content, and have no detrimental influence on the taste of the products such as margarine.

Dairy Blends Market, By Form

  • Spreadable
  • Liquid
  • Powder

Based on Form, the market is segmented into Spreadable, Liquid, and Powder. The largest share in the historic period was in the spreadable segment. The propagated form is frequently used as a substitute for butter and margarine, the above-mentioned requirement. In an industry such as bread, yogurts, cream, cheese and butter mixtures, infant formulas, and feed, this form has various applications. The demand for this sort of milk mix is increasing with these causes.

Dairy Blends Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Dairy Blends Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. During the projection period, dairy mixtures will grow in the Asia-Pacific region at the greatest CAGR. Increases in disposable income, expansion in the demand in the growing and populous countries like China, Japan, South Korea, and India, and the existence of large-scale dairy industry in Australia and New Zealand are key factors for growth in this market.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Table of Content

1 INTRODUCTION OF GLOBAL DAIRY BLENDS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL DAIRY BLENDS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL DAIRY BLENDS MARKET, BY TYPE
5.1 Overview
5.2 Dairy as Carrier
5.3 Dairy Mixture
5.4 Dairy/Non-Dairy Ingredient

6 GLOBAL DAIRY BLENDS MARKET, BY APPLICATION
6.1 Overview
6.2 Yogurt
6.3 Beverage
6.4 Ice Cream
6.5 Bakery
6.6 Feed
6.7 Butter and Cheese Spreads
6.8 Infant Formulations
6.9 Others

7 GLOBAL DAIRY BLENDS MARKET, BY FORM
7.1 Overview
7.2 Spreadable
7.3 Liquid
7.4 Powder

8 GLOBAL DAIRY BLENDS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa

9 GLOBAL DAIRY BLENDS MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Cargill Inc.
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Fonterra Co-operative Group Ltd.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 Kerry Group
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Cape Food Ingredients
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 Dohler Group
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Royal Frieslandcampina NV
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Galloway Company
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Intermix Australia Pvt. Ltd.
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 Agropur Ingredients
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 Advanced Food Products LLC
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

11 Appendix
11.1 Related Research

The major players in the Global Dairy Blends Market are:

  • All American Foods
  • Batory Foods
  • Royal FrieslandCampina NV
  • Kerry Group
  • Dana Foods Inc.
  • Cargill
  • Fonterra Co-operative Group Ltd.,
  • Cape Food Ingredients
  • Dohler Group
  • Galloway Company
  • Intermix Australia Pvt. Ltd.
  • Agropur Ingredients
  • Advanced Food Products LLC