Dairy Ingredients Market Size - By Product Type, Application, Form & Forecast, 2023

Description

List of Tables

The global dairy ingredients market is expected to grow at a CAGR of 6.2% during 2024-2032, propelled by a shift towards healthier lifestyle and increased awareness of the nutritional benefits of dairy products.

According to an article by Dairy Foods in 2022, for 40% of consumers, the choice of dairy is a health-driven one, as they associate it with nutrition-rich ingredients. The rising demand for functional and nutritional dairy products is a significant catalyst. Consumers are increasingly seeking products that not only satiate their taste buds but also offer health benefits. The inclusion of dairy ingredients in various food & beverage products enhances their nutritional profile, driving their popularity among health-conscious consumers.

Moreover, the expanding population, particularly in emerging economies, along with a rise in disposable incomes, and evolved dietary preferences push the demand for dairy ingredients. Additionally, the innovation in product development, including the introduction of value-added dairy ingredients, is attracting a wider consumer base.

The global dairy ingredients industry is classified based on product type, application, form, and region.

Whey ingredients segment is set to gain traction during 2024-2032, driven by growing popularity of protein rich product and increased awareness of high-quality protein content in whey. This ingredient finds application in a range of products, including protein bars, beverages, and dietary supplements. The versatility of whey ingredients makes them a preferred choice in the food & beverage sector, contributing significantly to the overall market growth.

The bakery & confectionery application segment is poised to grow significantly through 2032, owing to the widespread usage of dairy in bakery products. The inherent functionality and taste enhancement properties of dairy ingredients make them indispensable in preparation. Moreover, the demand is further bolstered by consumer preferences for indulgent and premium-quality treats.

Asia Pacific dairy ingredients market is expected to grow swiftly during the forecast period, driven by rapid urbanization, increasing disposable incomes, and a burgeoning middle class. China, India, Japan, and Southeast Asian countries are witnessing a surge in the consumption of dairy ingredients, with a notable preference for high-quality and nutritious dairy products. Moreover, the region is also witnessing a shift towards western dietary patterns, with a growing inclination towards dairy-based snacks, beverages, and desserts, further propelling industry growth.

Product Code: 7579

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Dairy ingredients industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Product type trends
2.4 Form trends
2.5 Application trends
2.6 Regional trends

Chapter 3 Dairy Ingredients Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 North America
- 3.5.2 Europe
- 3.5.3 Asia Pacific
- 3.5.4 Latin America
- 3.5.5 Middle East & Africa
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Russia-Ukraine War Impact on the industry

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Global company market share analysis, by region, 2022
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 Asia Pacific
- 4.2.4 Latin America
- 4.2.5 Middle East & Africa
4.3 Competitive analysis
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Dairy Ingredients Market Size and Forecast, By Product Type 2018 - 2032

5.1 Milk powders
5.2 Whey ingredients
5.3 Lactose and Derivatives
5.4 Casein and Caseinates
5.5 Other

Chapter 6 Dairy Ingredients Market Size and Forecast, By Form 2018 - 2032

6.1 Dry
6.2 Liquid

Chapter 7 Dairy Ingredients Market Size and Forecast, By Application 2018 - 2032

7.1 Bakery and Confectionery
7.2 Dairy products
7.3 Infant milk formula
7.4 Sports and Clinical nutrition
7.5 Other

Chapter 8 Dairy Ingredients Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 Lactalis Group
9.2 FrieslandCampina
9.3 Arla Foods
9.4 Kerry Group PLC
9.5 Saputo Inc.
9.6 Dairy Farmers of America
9.7 Glanbia PLC
9.8 Volac International Ltd.
9.9 EPI Ingredients
9.10 Fonterra Co-operative Group
9.11 Sodiaal co-operative group
9.12 Ingredia SA
9.13 Amco Proteins
9.14 Kanegrade
9.15 Batory Foods