Market Research Report
Global Dairy Nutrition Market Size study, by Ingredients, Application and Regional Forecasts 2021-2027
|Global Dairy Nutrition Market Size study, by Ingredients, Application and Regional Forecasts 2021-2027|
Published: June 23, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Dairy Nutrition Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Dairy proteins are extracted from skim milk using milk protein concentrations and membrane filtering. Dairy protein milk fractions are high in bound calcium and include casein and whey protein in the same proportions as milk. The rising popularity of functional foods and increased intake of dairy protein for muscle building in youths are two major reasons driving the growth of the dairy nutrition market. Extensive usage of milk-based components in hair and skin care cosmetics, as well as an increase in occurrences of osteoporosis, cardiovascular disease, malnutrition, and obesity, are projected to fuel market expansion in the coming years. According to the International Dairy Foods Association, domestic per capita consumption of cheese has increased by 19% in the last decade, while butter consumption has increased by 24% and yoghurt consumption has increased by 7%. Ice cream consumption per capita increased in 2019, rising by a half-percentage point over 2018. Overall, ERS statistics reveal that American dairy per capita consumption across products has been steadily growing each year, with 2019 representing a 6% increase over the previous five years. However, growing cases of lactose intolerance and lack of awareness regarding health benefits of consumption of dairy products among consumers impedes the growth of the market over the forecast period of 2021-2027. Also, increased awareness about adopting a healthy lifestyle as well as increased demand for protein supplements in dietary products is likely to increase the market growth during the forecast period.
The geographical analysis of global Dairy Nutrition market is considered for the main regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing dairy protein component usage by functional food, infant formula & clinical nutrition, dairy products, and personal care, as well as the presence of major dairy protein manufacturers. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as a rise in the use of dairy protein components in nutritional supplements, bakery and confectionaries, rising disposable income, and growing urbanization would create lucrative growth prospects for the Dairy Nutrition market across Asia-Pacific region.
Major market player included in this report are:
Fonterra Co-operative Group Ltd.
Koninklijke DSM N.V.
E.I. DuPont De Nemours and Company
Arla Foods amba
Groupe Lactalis S.A.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Vitamins & Minerals
Infant Formula & Clinical
Bakery & Confectionary
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Dairy Nutrition Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures