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Dairy Ingredients - Global Market Outlook (2018-2027)

Dairy Ingredients - Global Market Outlook (2018-2027)

Published: February 2020 ID: SMRC18955
Published: February 2020 ID: SMRC18955

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Dairy Ingredients Market is accounted for $49.59 billion in 2018 and is expected to reach $103.33 billion by 2027 growing at a CAGR of 8.5% during the forecast period. Some of the key factors influencing the market growth include increasing consumption of convenience food, rise in health consciousness, multifunctionality of dairy ingredients and an increase in R&D activates related to innovative solutions using dairy ingredients. However, health risks associated with whey protein is restricting the market growth.

Dairy ingredients are substances which are extracted from dairy products and are used to give texture and flavour to the food and beverages. These are stored in dry, concentrated and liquid forms. Dairy ingredients provide emulsification, fat holding, viscosity creation, and gel formation. For instance, these ingredients provide health and nutrition benefits, taste, and other characteristics of food products. 

On the basis of form, the dry form of all types of dairy ingredients is preferred by food manufacturers, owing to the ease in transportation in comparison to the liquid form. Even the cold storage cost for the dry form is lesser, which further reduces the final cost of the product. Dried format of dairy ingredients also has a longer shelf life and is easy to handle, thereby increasing the demand for dry ingredients among the manufacturers.

By Geography, The Asia Pacific region is expected to have considerable market growth during the forecast period; due to the rise in population and inclination toward the healthy lifestyle among the people in the Asia Pacific has created the demand for functional and fortified foods in the region. Also, development in the economies and increase in disposable income have led the consumers to invest in health-related products and services. These factors have been driving the dairy ingredients market in the region.

Some of the key players in global Dairy Ingredients market are Groupe Lactalis, Fonterra Co, Operative Group, Batory Foods, Kerry Group, FrieslandCampina, Epi Ingredients, Ingredia SA, Arla Foods, Hoogwegt Group, Glanbia, PLC, AMCO Proteins, Dairy Farmers of America, Cayuga Dairy Ingredients, Murray Goulburn Co-operative, Volac International Ltd., Saputo Inc., Kanegrade Ltd, and Valio.

Livestock Covered:
• Cows
• Other Livestock

Types Covered:
• Milk Powder
• Permeate Powder/Dried Permeate
• Lactose & Its Derivatives
• Proteins
• Whey Ingredients
• Dairy Blenders & Replacers
• Casein & Caseinates
• Milk Fat Concentrates
• Other Types

Forms Covered:
• Liquid
• Dry

Sources Covered:
• Whey Based
• Milk-Based

Production Methods Covered:
• Membrane Separation
• Traditional Method

Origins Covered:
• Synthetic
• Conventional

Sales Channels Covered:
• Distribution Channel
• Direct Channel

Functionalities Covered:
• Colour, Flavour, and Texture
• Solubility and Heat Stability
• Emulsification, Foaming, and Thickening
• Gelation

Applications Covered:
• Dairy Products
• Frozen Desserts
• Bakery & Confectionery
• Infant Formulas
• Sports Nutrition Products
• Paediatrics
• Health Foods
• Medical Nutrition
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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