Market Research Report
Global Dairy Ingredients Market Size study, by Type, by Application and Regional Forecasts 2021-2027
|Global Dairy Ingredients Market Size study, by Type, by Application and Regional Forecasts 2021-2027|
Published: September 15, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Dairy Ingredients Market is valued approximately at USD xx Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.83% over the forecast period 2021-2027. The global Dairy Ingredients market is being driven by increasing production of milk around the world as it is used in everyday food diet in different ways. For instance, according to the World Bank, there has been increase in milk production from 530 million tonnes in 1988 to 843 million tonnes in 2018. The other driving factor is the increase in favorable government initiatives & policies related to agriculture. For instance, in 2020, Indian Government launched Innovation and Agri-entrepreneurship Development programme under the Rashtriya Krishi Vikas Yojana to promote agri-entrepreneurship by providing financial support to the start-ups. Furthermore, increase in world population which rises food demand, enhancing food & beverage industry and increasing demand for milk protein in daily lifestyle will provide new opportunities for the global Dairy Ingredients industry. However, high adoption of veganism by the population and increase in lactose intolerant consumers may impede market growth over the forecast period of 2021-2027.
The regional analysis is based on the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World for the global Dairy Ingredients Market. Asia-Pacific is the leading region across the world in terms of market share and is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to rising production of milk products through favorable government policies, increasing end-use industries of milk, and increasing investments by the private companies in the region.
Major market player included in this report are:
Cayuga Dairy Ingredients
Dairy Farmers of America
Fonterra Co-operative Group
Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF)
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 apects 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:
Milk Protein Concentrate & Milk Protein Isolate
Lactose & Derivatives
Bakery & Confectionery
Infant Milk Formula
Sports & Clinical Nutrition
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 Ingredients Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Exchange rates considered.
List of figures