IMARC Group, a leading market research company, has recently releases report titled “Dairy Ingredients Market Report by Product (Milk Powders, Milk Protein Concentrates and Milk Protein Isolates, Whey Ingredients, Lactose and Derivatives, Casein and Caseinates, and Others), Source (Milk, Whey), Form (Dry, Liquid), Application (Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports and Clinical Nutrition, and Others), and Region 2024-2032″, Offers a comprehensive analysis of the industry, which comprises insights on the global dairy ingredients market.
The global dairy ingredients market size reached US$ 73.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 121.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.
Industry Overview of Dairy Ingredients
Dairy ingredients are derived from milk and fortified with essential nutrients, such as proteins, fats, vitamins, and minerals, and specialized products like whey protein, lactose, casein, and milk powder. These ingredients are known for their high nutritional content, flavor-enhancing capabilities, and functional properties like emulsification and texture improvement. They find application in products, including infant formula, baked goods, dairy products, convenience foods, sports nutrition, and pharmaceuticals. They offer rich taste and texture and provide essential nutrients for a balanced diet.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/dairy-ingredients-market/requestsample
What are the growth prospects and trends in the dairy ingredients industry?
With the surging prevalence of chronic diseases around the world, there is an increase in the awareness among people about health and wellness. This represents one of the primary factors catalyzing the adoption of nutrient-rich dairy ingredients. Moreover, the growing global population and inflating income levels are driving the consumption of dairy-infused products worldwide.
In addition, the escalating demand for convenience foods that are both nutritious and easy to prepare is favoring the growth of the market. Apart from this, key players are incorporating advanced technologies, such as membrane filtration, to separate and concentrate valuable components from milk, which leads to more efficient use of resources. These sustainable measures appeal to environmentally conscious consumers and pave the way for cost-effective production.
They are also focusing on involving environment friendly practices to reduce waste, promote energy-efficient production, and create sustainable packaging solutions.
Leading Companies Operating in the Global Dairy Ingredients Industry:
- Agropur Dairy Cooperative (Farmers Co-operative Dairy Limited)
- Arla Foods Ingredients Group P/S
- Aurivo Co-operative Society Limited
- Dairy Farmers of America Inc.
- Euroserum (Groupe Sodiaal)
- Fonterra Co-operative Group Limited
- Glanbia PLC
- Hoogwegt Group B.V.
- Lactalis Group
- Megmilk Snow Brand Co. Ltd.
- Royal FrieslandCampina N.V.
- Saputo Inc.
- Schreiber Foods Inc.
- Volac International Limited
Dairy Ingredients Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
- Milk Powders
- Skimmed Milk Powders
- Whole Milk Powders
- Milk Protein Concentrates and Milk Protein Isolates
- Whey Ingredients
- Whey Protein Concentrate (WPC)
- Whey Protein Isolate (WPI)
- Hydrolyzed Whey Protein (HWP)
- Lactose and Derivatives
- Casein and Caseinates
- Others
Breakup by Source:
- Milk
- Whey
Breakup by Form:
- Dry
- Liquid
Breakup by Application:
- Bakery and Confectionery
- Dairy Products
- Infant Milk Formula
- Sports and Clinical Nutrition
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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