Dairy Ingredient Market - Global Industry Analysis

Dairy Ingredient Market By Source (Milk, Whey), By Type (Milk Powder, Whey Protein, Milk Protein, Third- Generation Ingredient, Casein, Butter Milk Powder, Whey Permeate, Lactose), By Application (Pediatric, Sports Nutrition, Medical Nutrition, Functional Food, Bakery, Confectionery, Dairy, Animal Feed, Others), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 14-Apr-2022 Category: Food & Beverage Report Format : PDF Pages: 190 Report Code: ZMR-1077 Status : Published

The global dairy ingredient market size was worth around USD 63281.50 million in 2021 and is estimated to grow to about USD 95502.25 million by 2028, with a compound annual growth rate (CAGR) of approximately 7.1 percent over the forecast period.

Description

Dairy Ingredient Market Size And Industry Analysis

The global dairy ingredient market size was worth around USD 63281.50 million in 2021 and is estimated to grow to about USD 95502.25 million by 2028, with a compound annual growth rate (CAGR) of approximately 7.1 percent over the forecast period. The report analyzes the Dairy Ingredient market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Dairy Ingredient market.

Dairy Ingredient Market: Overview

The dairy ingredients market is anticipated to see good growth over the forecast period owing to the rise in consumption of dairy ingredients and this is expected to be a major trend driving market potential over the forecast period. Increasing focus on health and fitness is also expected to boost the Dairy Ingredient market growth over the forecast period.

Rising population, increasing consumption of Dairy ingredient, and increasing demand for Dairy Ingredient in multiple food sectors are other factors that will influence the Dairy Ingredient market potential in the long run. However, the increasing popularity of veganism and the presence of plant-based alternatives are expected to have a major restraining effect on the Dairy Ingredient market potential through the forecast period.

COVID-19 Impact:

In 2020, the Dairy Ingredient market was adversely impacted. As coronavirus infections across the world increased rapidly and lockdowns were imposed to control them, business and trade activity saw a major decline and this resulted in losses for Dairy Ingredient companies.

Lapses in logistics shortage of raw materials, restricted manufacturing activity, and closure of sales and distribution channels were some prime aspects that led to the downfall of the global Dairy Ingredient market growth. A major drop in sales was also recorded due to heavy restrictions on imports and export to prevent the spread of the virus

The Dairy Ingredient market is expected to an increase in demand in the post-pandemic era as restrictions are lifted and the world returns to a normal operational procedure. An increase in demand will be observed over the forecast period by the growing population.

Dairy Ingredient Market: Growth Drivers

Increasing Health Awareness

The global population has become more aware of their health than ever before in wake of the rising prevalence of chronic diseases and increasing popularity of preventive healthcare on a global scale and this is expected to drive the Dairy Ingredient market growth as dairy ingredients comprise some of the most common nutrition required for a healthy and balanced diet across the world. High demand for protein-based foods will be a major trend that will further bolster the Dairy Ingredient market potential over the forecast period.

Dairy Ingredient Market: Restraints

The emergence of Alternatives and veganism

Dairy Ingredients are mostly animal derived but the vegetarian population has announced a war against these products and asking for cruelty free products that are purely plat derived and this is expected to hamper the Dairy Ingredient market potential through 2028. The increasing popularity of veganism is also expected to have a major hindering effect on the Dairy Ingredient market. Rising research and development for plant based protein and increasing availability of plant based products will also result in drop of sales for Dairy Ingredient through 2028.

Global Dairy Ingredient Market

Global Dairy Ingredient Market: Segmentation

The global Dairy Ingredient market is segregated based on type, source, application, and region.

By Application, the Dairy Ingredient market is segmented into Pediatric, Sports Nutrition, Medical Nutrition, Functional Food, Bakery, Confectionery, Dairy, Animal Feed, and Others. The bakery and confectionery segment is projected to hold a dominant outlook over the forecast period as the use of dairy ingredients in this application increases. Increasing use of skimmed milk and dried milk in this application is expected to propel the Dairy Ingredient market growth over the forecast period.

Recent Developments

  • In January 2021 – Fonterra and Royal DSM major firms operating in food sciences industry announced their efforts to team up and reduce greenhouse gas emissions from their facilities in new Zealand.

Regional Landscape

The market for Dairy Ingredient in the Asia Pacific region is projected to exhibit growth at the fastest CAGR through 2028. The increasing consumption of dairy products by the rising population in nations of China, India, and Indonesia is expected to be a major factor propelling the Dairy Ingredient market growth in this region. Increasing health awareness and the rising availability of Dairy Ingredient are also expected to shape the market potential in this region. The increasing popularity of fitness trends and rising demand for protein and protein based foods are also expected to be prominent trends driving the Dairy Ingredient market growth in this region.

Europe and North America are also expected to see high demand for Dairy Ingredient and the Dairy Ingredient manufacturers are projected to have lucrative opportunities in these regions over the forecast period. However, rising veganism in these regions is expected to restrain the market from growing at its full potential.

Competitive Landscape

Some of the main competitors dominating the global Dairy Ingredient market include – Nestle S.A., Fonterra Cooperative Group, Royal FrieslandCampina N.V., Arla Foods, Lactalis Group, Dairy Farmers of America Inc., Agropur Cooperative, Schreiber Foods Inc., Savencia S.A., Glanbia PLC., Gujarat Cooperative Milk Marketing Federation Ltd. (AMUL), Meiji Holdings Co., Ltd., Mengniu Dairy Co., Ltd., Megmilk Snow Brand Co., Ltd.,  Yili China, Saputo Inc., Kraft Heinz Company, Agropur Inc, Morinaga Milk Co., Ltd.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

The Global Dairy Ingredient market is segmented as follows:

By Source

  • Milk
  • Whey

By Type

  • Milk Powder
  • Whey Protein
  • Milk Protein
  • Third-Generation Ingredient
  • Casein
  • Butter Milk Powder
  • Whey Permeate
  • Lactose

By Application

  • Pediatric
  • Sports Nutrition
  • Medical Nutrition
  • Functional Food
  • Bakery
  • Confectionery
  • Dairy
  • Animal Feed
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Dairy Ingredient Market, (2022 - 2028) (USD Million)
    • 2.2 Global Dairy Ingredient Market : snapshot
  • Chapter 3. Global Dairy Ingredient Market - Industry Analysis
    • 3.1 Dairy Ingredient Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing Health Awareness
    • 3.3 Market Restraints
      • 3.3.1. The emergence of Alternatives and veganism
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Source
      • 3.7.2 Market attractiveness analysis By Type
      • 3.7.3 Market attractiveness analysis By Application
  • Chapter 4. Global Dairy Ingredient Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Dairy Ingredient Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Dairy Ingredient Market - Source Analysis
    • 5.1 Global Dairy Ingredient Market overview: By Source
      • 5.1.1 Global Dairy Ingredient Market share, By Source, 2021 and 2028
    • 5.2 Milk
      • 5.2.1 Global Dairy Ingredient Market by Milk, 2022 - 2028 (USD Million)
    • 5.3 Whey
      • 5.3.1 Global Dairy Ingredient Market by Whey, 2022 - 2028 (USD Million)
  • Chapter 6. Global Dairy Ingredient Market - Type Analysis
    • 6.1 Global Dairy Ingredient Market overview: By Type
      • 6.1.1 Global Dairy Ingredient Market share, By Type, 2021 and 2028
    • 6.2 Milk Powder
      • 6.2.1 Global Dairy Ingredient Market by Milk Powder, 2022 - 2028 (USD Million)
    • 6.3 Whey Protein
      • 6.3.1 Global Dairy Ingredient Market by Whey Protein, 2022 - 2028 (USD Million)
    • 6.4 Milk Protein
      • 6.4.1 Global Dairy Ingredient Market by Milk Protein, 2022 - 2028 (USD Million)
    • 6.5 Third-Generation Ingredient
      • 6.5.1 Global Dairy Ingredient Market by Third-Generation Ingredient, 2022 - 2028 (USD Million)
    • 6.6 Casein
      • 6.6.1 Global Dairy Ingredient Market by Casein, 2022 - 2028 (USD Million)
    • 6.7 Butter Milk Powder
      • 6.7.1 Global Dairy Ingredient Market by Butter Milk Powder, 2022 - 2028 (USD Million)
    • 6.8 Whey Permeate
      • 6.8.1 Global Dairy Ingredient Market by Whey Permeate, 2022 - 2028 (USD Million)
    • 6.9 Lactose
      • 6.9.1 Global Dairy Ingredient Market by Lactose, 2022 - 2028 (USD Million)
  • Chapter 7. Global Dairy Ingredient Market - Application Analysis
    • 7.1 Global Dairy Ingredient Market overview: By Application
      • 7.1.1 Global Dairy Ingredient Market share, By Application, 2021 and 2028
    • 7.2 Pediatric
      • 7.2.1 Global Dairy Ingredient Market by Pediatric, 2022 - 2028 (USD Million)
    • 7.3 Sports Nutrition
      • 7.3.1 Global Dairy Ingredient Market by Sports Nutrition, 2022 - 2028 (USD Million)
    • 7.4 Medical Nutrition
      • 7.4.1 Global Dairy Ingredient Market by Medical Nutrition, 2022 - 2028 (USD Million)
    • 7.5 Functional Food
      • 7.5.1 Global Dairy Ingredient Market by Functional Food, 2022 - 2028 (USD Million)
    • 7.6 Bakery
      • 7.6.1 Global Dairy Ingredient Market by Bakery, 2022 - 2028 (USD Million)
    • 7.7 Confectionery
      • 7.7.1 Global Dairy Ingredient Market by Confectionery, 2022 - 2028 (USD Million)
    • 7.8 Dairy
      • 7.8.1 Global Dairy Ingredient Market by Dairy, 2022 - 2028 (USD Million)
    • 7.9 Animal Feed
      • 7.9.1 Global Dairy Ingredient Market by Animal Feed, 2022 - 2028 (USD Million)
    • 7.10 Others
      • 7.10.1 Global Dairy Ingredient Market by Others, 2022 - 2028 (USD Million)
  • Chapter 8. Dairy Ingredient Market - Regional Analysis
    • 8.1 Global Dairy Ingredient Market Regional Overview
    • 8.2 Global Dairy Ingredient Market Share, by Region, 2021 & 2028 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Dairy Ingredient Market, 2022 - 2028 (USD Million)
        • 8.3.1.1 North America Dairy Ingredient Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 North America Dairy Ingredient Market, by Source, 2022 - 2028
      • 8.4.1 North America Dairy Ingredient Market, by Source, 2022 - 2028 (USD Million)
    • 8.5 North America Dairy Ingredient Market, by Type, 2022 - 2028
      • 8.5.1 North America Dairy Ingredient Market, by Type, 2022 - 2028 (USD Million)
    • 8.6 North America Dairy Ingredient Market, by Application, 2022 - 2028
      • 8.6.1 North America Dairy Ingredient Market, by Application, 2022 - 2028 (USD Million)
    • 8.4. Europe
      • 8.4.2 Europe Dairy Ingredient Market, 2022 - 2028 (USD Million)
        • 8.4.2.1 Europe Dairy Ingredient Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Europe Dairy Ingredient Market, by Source, 2022 - 2028
      • 8.4.1 Europe Dairy Ingredient Market, by Source, 2022 - 2028 (USD Million)
    • 8.5 Europe Dairy Ingredient Market, by Type, 2022 - 2028
      • 8.5.1 Europe Dairy Ingredient Market, by Type, 2022 - 2028 (USD Million)
    • 8.6 Europe Dairy Ingredient Market, by Application, 2022 - 2028
      • 8.6.1 Europe Dairy Ingredient Market, by Application, 2022 - 2028 (USD Million)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Dairy Ingredient Market, 2022 - 2028 (USD Million)
        • 8.5.3.1 Asia Pacific Dairy Ingredient Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Asia Pacific Dairy Ingredient Market, by Source, 2022 - 2028
      • 8.4.1 Asia Pacific Dairy Ingredient Market, by Source, 2022 - 2028 (USD Million)
    • 8.5 Asia Pacific Dairy Ingredient Market, by Type, 2022 - 2028
      • 8.5.1 Asia Pacific Dairy Ingredient Market, by Type, 2022 - 2028 (USD Million)
    • 8.6 Asia Pacific Dairy Ingredient Market, by Application, 2022 - 2028
      • 8.6.1 Asia Pacific Dairy Ingredient Market, by Application, 2022 - 2028 (USD Million)
    • 8.6. Latin America
      • 8.6.4 Latin America Dairy Ingredient Market, 2022 - 2028 (USD Million)
        • 8.6.4.1 Latin America Dairy Ingredient Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Latin America Dairy Ingredient Market, by Source, 2022 - 2028
      • 8.4.1 Latin America Dairy Ingredient Market, by Source, 2022 - 2028 (USD Million)
    • 8.5 Latin America Dairy Ingredient Market, by Type, 2022 - 2028
      • 8.5.1 Latin America Dairy Ingredient Market, by Type, 2022 - 2028 (USD Million)
    • 8.6 Latin America Dairy Ingredient Market, by Application, 2022 - 2028
      • 8.6.1 Latin America Dairy Ingredient Market, by Application, 2022 - 2028 (USD Million)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Dairy Ingredient Market, 2022 - 2028 (USD Million)
        • 8.7.5.1 The Middle-East and Africa Dairy Ingredient Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 The Middle-East and Africa Dairy Ingredient Market, by Source, 2022 - 2028
      • 8.4.1 The Middle-East and Africa Dairy Ingredient Market, by Source, 2022 - 2028 (USD Million)
    • 8.5 The Middle-East and Africa Dairy Ingredient Market, by Type, 2022 - 2028
      • 8.5.1 The Middle-East and Africa Dairy Ingredient Market, by Type, 2022 - 2028 (USD Million)
    • 8.6 The Middle-East and Africa Dairy Ingredient Market, by Application, 2022 - 2028
      • 8.6.1 The Middle-East and Africa Dairy Ingredient Market, by Application, 2022 - 2028 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 Nestle S.A.
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Fonterra Cooperative Group
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Royal FrieslandCampina N.V.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Arla Foods
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Lactalis Group
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Dairy Farmers of America Inc.
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Agropur Cooperative
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Schreiber Foods Inc.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Savencia S.A.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Glanbia PLC.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Gujarat Cooperative Milk Marketing Federation Ltd. (AMUL)
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Meiji Holdings Co. Ltd.
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Mengniu Dairy Co. Ltd.
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Megmilk Snow Brand Co. Ltd.
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Yili China
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Saputo Inc.
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
    • 9.17 Kraft Heinz Company
      • 9.17.1 Overview
      • 9.17.2 Financials
      • 9.17.3 Product Portfolio
      • 9.17.4 Business Strategy
      • 9.17.5 Recent Developments
    • 9.18 Agropur Inc
      • 9.18.1 Overview
      • 9.18.2 Financials
      • 9.18.3 Product Portfolio
      • 9.18.4 Business Strategy
      • 9.18.5 Recent Developments
    • 9.19 Morinaga Milk Co. Ltd.
      • 9.19.1 Overview
      • 9.19.2 Financials
      • 9.19.3 Product Portfolio
      • 9.19.4 Business Strategy
      • 9.19.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Dairy Ingredient Market, 2022 - 2028 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Dairy Ingredient Market attractiveness, By Source
  • 6. Global Dairy Ingredient Market attractiveness, By Type
  • 7. Global Dairy Ingredient Market attractiveness, By Application
  • 8. Global Dairy Ingredient Market share by Source, 2022 and 2028 (USD Million)
  • 9. Global Dairy Ingredient Market by Milk, 2022 - 2028 (USD Million)
  • 10. Global Dairy Ingredient Market by Whey, 2022 - 2028 (USD Million)
  • 11. Global Dairy Ingredient Market share by Type, 2022 and 2028 (USD Million)
  • 12. Global Dairy Ingredient Market by Milk Powder, 2022 - 2028 (USD Million)
  • 13. Global Dairy Ingredient Market by Whey Protein, 2022 - 2028 (USD Million)
  • 14. Global Dairy Ingredient Market by Milk Protein, 2022 - 2028 (USD Million)
  • 15. Global Dairy Ingredient Market by Third-Generation Ingredient, 2022 - 2028 (USD Million)
  • 16. Global Dairy Ingredient Market by Casein, 2022 - 2028 (USD Million)
  • 17. Global Dairy Ingredient Market by Butter Milk Powder, 2022 - 2028 (USD Million)
  • 18. Global Dairy Ingredient Market by Whey Permeate, 2022 - 2028 (USD Million)
  • 19. Global Dairy Ingredient Market by Lactose, 2022 - 2028 (USD Million)
  • 20. Global Dairy Ingredient Market share by Application, 2022 and 2028 (USD Million)
  • 21. Global Dairy Ingredient Market by Pediatric, 2022 - 2028 (USD Million)
  • 22. Global Dairy Ingredient Market by Sports Nutrition, 2022 - 2028 (USD Million)
  • 23. Global Dairy Ingredient Market by Medical Nutrition, 2022 - 2028 (USD Million)
  • 24. Global Dairy Ingredient Market by Functional Food, 2022 - 2028 (USD Million)
  • 25. Global Dairy Ingredient Market by Bakery, 2022 - 2028 (USD Million)
  • 26. Global Dairy Ingredient Market by Confectionery, 2022 - 2028 (USD Million)
  • 27. Global Dairy Ingredient Market by Dairy, 2022 - 2028 (USD Million)
  • 28. Global Dairy Ingredient Market by Animal Feed, 2022 - 2028 (USD Million)
  • 29. Global Dairy Ingredient Market by Others, 2022 - 2028 (USD Million)
  • 30. Global Dairy Ingredient Market share, by Region, 2022 and 2028
  • 31. North America Dairy Ingredient Market, 2022 - 2028 (USD Million)
  • 32. Europe Dairy Ingredient Market, 2022 - 2028 (USD Million)
  • 33. Asia Pacific Dairy Ingredient Market, 2022 - 2028 (USD Million)
  • 34. Latin America Dairy Ingredient Market, 2022 - 2028 (USD Million)
  • 35. The Middle-East and Africa Dairy Ingredient Market, 2022 - 2028 (USD Million)

Table Of Tables

  • 1. Global Dairy Ingredient Market: Snapshot
  • 2. Drivers of the Dairy Ingredient Market: impact analysis
  • 3. North America Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 4. North America Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 5. North America Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 6. U.S. Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 7. U.S. Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 8. U.S. Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 9. Canada Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 10. Canada Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 11. Canada Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 12. Europe Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 13. Europe Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 14. Europe Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 15. Germany Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 16. Germany Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 17. Germany Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 18. France Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 19. France Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 20. France Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 21. U.K. Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 22. U.K. Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 23. U.K. Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 24. Italy Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 25. Italy Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 26. Italy Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 27. Spain Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 28. Spain Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 29. Spain Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 30. Rest of Europe Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 31. Rest of Europe Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 32. Rest of Europe Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 33. Asia Pacific Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 34. Asia Pacific Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 35. Asia Pacific Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 36. China Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 37. China Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 38. China Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 39. Japan Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 40. Japan Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 41. Japan Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 42. India Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 43. India Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 44. India Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 45. South Korea Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 46. South Korea Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 47. South Korea Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 48. South-East Asia Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 49. South-East Asia Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 50. South-East Asia Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 51. Rest of Asia Pacific Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 52. Rest of Asia Pacific Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 53. Rest of Asia Pacific Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 54. Latin America Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 55. Latin America Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 56. Latin America Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 57. Brazil Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 58. Brazil Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 59. Brazil Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 60. Mexico Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 61. Mexico Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 62. Mexico Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 63. Rest of Latin America Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 64. Rest of Latin America Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 65. Rest of Latin America Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 66. The Middle-East and Africa Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 67. The Middle-East and Africa Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 68. The Middle-East and Africa Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 69. GCC Countries Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 70. GCC Countries Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 71. GCC Countries Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 72. South Africa Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 73. South Africa Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 74. South Africa Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)
  • 75. Rest of Middle-East Africa Dairy Ingredient Market revenue, By Source, 2022 - 2028 (USD Million)
  • 76. Rest of Middle-East Africa Dairy Ingredient Market revenue, By Type, 2022 - 2028 (USD Million)
  • 77. Rest of Middle-East Africa Dairy Ingredient Market revenue, By Application, 2022 - 2028 (USD Million)

Methodology

Free Analysis

Milk is an important food product and has various nutrients, which includes proteins, minerals, glucids, and materials. Milk has a wide application in the food & beverages industry. Dairy ingredients are made up from milk and are used in making of a variety of food products like ice-creams, desserts, chocolate, clinical nutrition, ready-to-eat, soups, pork meat, sports food, and bakery snacks. Moreover, a variety of milk ingredients are available in the market such as milk powder that is prepared by an evaporation process. This dry powder can be conserved for a longer duration than milk. Milk powder doesn’t require any refrigeration owing to its physical characteristics such as low moisture. Milk ingredients are also used in the dairy, bakery & confectionery, sports & clinical nutrition, and convenience foods.

The market for global dairy ingredients is primarily driven by the rising health & wellness concerns among people and raising awareness of nutraceutical food products are one of the key factors for the market growth. Furthermore, the demand for dairy ingredients is increasing due to its wide application in the food & beverage industry. In addition, increasing sports activities and high demand for milk protein isolates & its concentrates are also a major driving factor boosting the global dairy ingredient market growth during the forecast period. However, the presence of alternatives like plant proteins and rising intolerance of lactose & milk allergies among the population is a growth barrier of the market. 

Global Dairy Ingredient Market

The global dairy ingredient market is divided on the basis of type, source, and application. Based on the type, the market is segmented into milk powder, lactose & its derivatives, milk protein isolates, whey ingredients, milk protein concentrates, milk protein hydrolysates, casein & caseinates, and others. Among which, milk powder segment accounted for the largest market share and is expected to attain the largest market share in terms of value during the forecast period. This growth is attributed to its increased shelf life owing to the less moisture content in milk powder. By source, the market is categorized into milk and whey. Among which, milk is projected to attain significant market share over the forecast period. 

Based on application, the market is divided into convenience foods, sports & clinical nutrition, bakery & confectionery sources, infant milk formula, and dairy sources. Among which, sports & clinical nutrition segment is expected to attain the largest market share during the forecast period. Growing importance of healthy lifestyle and weight management among people is a key driving factor for the market growth. 

By geography, the global dairy ingredient market finds its market scope in Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. The Asia Pacific is the fastest growing region in the market owing to the facts such as rising disposable income of the population in emerging markets including China, India, Bangladesh, Thailand, Malaysia, and Indonesia. 

The report also includes detailed profiles of key players such as Dairy Ingredients Inc., Fonterra Cooperative Group Limited, Friesland Campina, Dairy Farmers of America, Aurivo Dairy Ingredients, Glanbia Plc, and Arla Foods. The detailed description of players includes parameters such as company overview, financial overview, business strategies, and recent developments of the company.

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FrequentlyAsked Questions

Increasing consumption of Dairy Ingredient and rising focus on health and fitness are some major trends that guide Dairy Ingredient market growth.

According to the Market Research report, the global Dairy Ingredient market size was worth about US$ 63281.50 million in 2021 and is predicted to grow to around US$ 95502.25 million by 2028, with a compound annual growth rate (CAGR) of around 7.1 percent.

The market for Dairy Ingredient in the Asia Pacific region is projected to exhibit growth at the fastest CAGR through 2028. The increasing consumption of dairy products by the rising population a major trend.

Some of the main competitors dominating the global Dairy Ingredient market include -- Nestle S.A., Fonterra Cooperative Group, Royal FrieslandCampina N.V., Arla Foods, Lactalis Group, Dairy Farmers of America Inc., Agropur Cooperative, Schreiber Foods Inc., Savencia S.A., Glanbia PLC., Gujarat Cooperative Milk Marketing Federation Ltd. (AMUL), Meiji Holdings Co., Ltd., Mengniu Dairy Co., Ltd., Megmilk Snow Brand Co., Ltd.,  Yili China, Saputo Inc., Kraft Heinz Company, Agropur Inc, Morinaga Milk Co., Ltd.

 

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