Dairy Ingredients Market By Type (Milk Powders, Milk Protein Concentrates and Milk Protein Isolates, Whey Ingredients, Lactose and Derivatives, Casein and Caseinates, and Other ), By Form (Dry, Liquid), By Method (Traditional Method, Membrane Separation), By Application (Bakery and Confectionery, D

Dairy Ingredients Market Valuation – 2024-2031

According to the new report titled " Dairy Ingredients Market By Type (Milk Powders, Milk Protein Concentrates and Milk Protein Isolates, Whey Ingredients, Lactose and Derivatives, Casein and Caseinates, and Other ), By Form (Dry, Liquid), By Method  (Traditional Method, Membrane Separation), By Application (Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports and Clinical Nutrition, and Other), Global Analysis to 2023",

The valuation of the  Dairy Ingredients market was $71.4 Billion in 2023 and is projected to reach $135.6 Billion by 2032, at a CAGR of 6.84% from 2021 to 2032.
 

The Dairy Ingredients Market was valued at $71.4 Billion by 2023 and expected to grow at CAGR of 6.84% over forecast period.  The dairy ingredients market refers to the global industry involved in the production, processing, distribution, and sale of various dairy-based ingredients.

This market encompasses a wide range of products derived from milk and dairy sources, including but not limited to milk powder, whey protein, casein, lactose, butter, cheese, cream, yogurt, and others. Dairy ingredients find applications in numerous food and beverage products, including bakery and confectionery, dairy products, infant formula, sports and nutrition supplements, processed foods, and more. They are also used in non-food applications such as personal care products, pharmaceuticals, and animal feed. Factors driving the growth of the dairy ingredients market include the increasing demand for protein-rich foods, rising consumer awareness of health and wellness, growing preference for natural and clean label ingredients, expanding applications in the food and beverage industry, and the rise of the global dairy industry.

Milk Powder held the largest share in the Dairy Ingredients market

By Type (Milk Powders, Milk Protein Concentrates and Milk Protein Isolates, Whey Ingredients, Lactose and Derivatives, Casein and Caseinates, and Other ) where Milk Powder plays a crucial role in the Dairy Ingredients market. Milk powder is a highly versatile ingredient that can be used in various food and beverage formulations. It serves as a base ingredient in many recipes and can be reconstituted with water to replicate the properties of fresh liquid milk. Its adaptability makes it suitable for use in a diverse range of products, from baked goods to dairy beverages. One of the significant advantages of milk powder is its extended shelf life compared to liquid milk. The dehydration process removes moisture from the milk, inhibiting the growth of bacteria and microorganisms that cause spoilage.

This longer shelf life allows for easier storage, transportation, and distribution of dairy products, making milk powder an essential ingredient in food manufacturing and export industries. Milk powder retains the nutritional components of liquid milk, including proteins, vitamins, and minerals. It is a rich source of essential nutrients such as calcium, vitamin D, and potassium, making it an important dietary staple for individuals of all ages. Milk powder is often fortified with additional vitamins and minerals to enhance its nutritional profile, further increasing its importance in meeting dietary requirements.

Europe headed the Dairy Ingredients market in 2023

Europe has a long history of dairy production and consumption, with countries like Germany, France, the Netherlands, and Ireland being major players in the global dairy market. The region boasts advanced dairy processing facilities, stringent quality standards, and a diverse range of dairy products. European consumers have a high demand for dairy products, including cheese, yogurt, milk, and butter. Dairy ingredients are widely used in the formulation of these products to enhance texture, flavor, and nutritional value. Additionally, there is a growing demand for functional dairy ingredients that offer health benefits such as probiotics, protein fortification, and reduced fat content. European consumers are increasingly concerned about health and wellness, leading to a rise in demand for healthier dairy options. This includes products with reduced sugar, lower fat content, and added functional ingredients like vitamins, minerals, and plant-based additives. Dairy ingredients are often used to reformulate products to meet these evolving consumer preferences.

Key market players operating in the market that are profiled in the report are Nestle S.A., Schreiber Foods Inc., Savencia S.A., Glanbia PLC., Gujarat Cooperative Milk Marketing Federation Ltd., Fonterra Cooperative Group, Royal FrieslandCampina N.V., Arla Foods, Lactalis Group, Dairy Farmers of America Inc, Agropur Cooperative etc.

Report Scope

Keyplayers-

• FrieslandCampina
• Fonterra Co-operative Group
• Arla Foods
• Saputo
• Dairy Farmers of America
• Ornua
• AMCO Proteins
• Prolactal
• Valio
• Glanbia
• Batory Foods
• Ingredia SA
• Agropur
• Euroserum
• Kerry Group
• Hoogwegt Group

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