Dairy Ingredients Market by Type (Milk Powder, Proteins), Form (Dry, Liquid), Source, Application - Global Forecast 2024-2030

Dairy Ingredients Market by Type (Milk Powder, Proteins), Form (Dry, Liquid), Source, Application - Global Forecast 2024-2030

The Dairy Ingredients Market size was estimated at USD 60.13 billion in 2023 and expected to reach USD 64.95 billion in 2024, at a CAGR 8.23% to reach USD 104.61 billion by 2030.

Dairy ingredients are components derived from milk that enhance a wide range of food products' nutritional value, flavor, and textural properties. These ingredients include milk powders, whey proteins, lactose, casein, and various milk fats and derivatives. Essential to the food industry, dairy ingredients play a critical role in food manufacturing, serving as vital elements in household items such as cheese, yogurt, ice cream, and baked goods, as well as in specialized products such as sports nutrition, infant formula, and medical nutrition. The increasing need for bakery and confectionery products worldwide boosts the demand for dairy ingredients. Additionally, growing consumer preferences for nutritional and healthy food propels the production of dairy ingredients. However, the health concerns and the complexity associated with dairy ingredients present a significant challenge for manufacturers and suppliers. Moreover, the rising consumer preference for clean-label and plant-based alternatives fosters the innovation of new formulations and presents a significant opportunity for manufacturers.

Regional Insights

In the Americas, with a focus on the United States and Canada, the dairy ingredients market is highly developed with a strong emphasis on innovation and product diversification. The United States holds a strong position due to its high cheese and milk powder production, while Canada benefits from its robust dairy support programs. At the same time, the European Union (EU) countries are characterized by stringent quality controls and geographical indications for dairy products, ensuring high-quality dairy ingredients in their markets. A strong emphasis on food safety and quality also showcases demand for non-GMO and organic dairy products, reflecting a trend towards natural and environmentally friendly products amongst European consumers. Meanwhile, the Middle East region is seeing rapid growth in the demand for dairy ingredients, particularly in Gulf Cooperation Council (GCC) countries, driven by high per capita consumption and preference for imported premium dairy products. The dairy ingredients market in Asia is rapidly growing, with countries such as China, Japan, and India showing significant increases in production and consumption driven by urbanization and increasing income levels. Chinese consumers have a growing appetite for milk powders, particularly infant formula, and are increasingly open to trying new dairy products. At the same time, Japanese consumers are known for valuing the functional benefits of dairy products, such as probiotics in yogurts, which bodes well for the future growth of dairy ingredients driven by health and wellness trends.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Dairy Ingredients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increasing Demand for Bakery and Confectionery Products
    • Growing Consumer Awareness of Nutritional and Healthy Food
    • Rising Government Support for the Development of Dairy Business
    • Market Restraints
      • Manufacturing Complexities and Health Risk Associated with Dairy Ingredients
      • Market Opportunities
        • Introduction of Innovative Products in Dairy Ingredients
        • Ongoing Investment and Strategic Alliances to Produce Dairy Ingredients
        • Market Challenges
          • Availability of Plant Based Non-Dairy Alternatives
          • Market Segmentation Analysis
            • Type: Increasing uses of milk powder and proteins in daily meals offering several nutritional benefits
            • Form: Utilization of dry and liquid dairy ingredients as per their need in confectionery and bakery products manufacturing
            • Source: Growing popularity of buffalo and cow milk derived ingredients due to their health benefits, luxurious texture, and artisanal value
            • Application: Increasing uses of milk ingredients in functional food and sport nutrition
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Dairy Ingredients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Dairy Ingredients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • ADM Adds New Capabilities to Its Industry-Leading Flavor Business with Agreement to Acquire Revela Foods
              
              ADM announced its intended acquisition of Revela Foods. This strategic move enhances ADM's flavor proficiency, with Revela Foods being a distinguished Wisconsin-based producer of cutting-edge dairy flavor ingredients. Incorporating Revela's capabilities is expected to significantly bolster ADM's flavor offerings, fortifying its position in these robust segments.
              
              FrieslandCampina Ingredients launches Nutri Whey ProHeat
              
              FrieslandCampina Ingredients announced the launch of Nutri Whey ProHeat, an innovative heat-stable whey protein crafted explicitly for the medical nutrition sector. This advanced product leverages cutting-edge microparticulation technology to modify the protein structure, creating minuscule aggregates that maintain their integrity even under extreme heat treatments. This technological breakthrough by FrieslandCampina ensures that Nutri Whey ProHeat delivers the high-quality protein medical nutrition formulations need.
              
              Danone Launches Global Strategic Partnerships Programme Alongside Chr Hansen
              
              Danone has unveiled a comprehensive global strategic partnerships program with Chr. Hansen. This initiative underscores Danone's commitment to nurturing a diverse network of alliances that extends from innovative start-ups and growth-centric scale-ups to industry titans and erudite academic circles. The program is poised to revolutionize Danone's approach, emphasizing facilitating shared prosperity. This systemic partnership strategy reflects Danone's pioneering spirit in adapting to dynamic market demands and reinforces its position as a trailblazer in the dairy ingredients sector.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Dairy Ingredients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Dairy Ingredients Market, highlighting leading vendors and their innovative profiles. These include Ajinomoto Co., Inc., Amco Proteins, Archer-Daniels-Midland Company, Arla Foods Ingredients Group P/S, Batory Foods, Cargill, Incorporated, Cayuga Milk Ingredients, Dairy Farmers of America Inc., Dairy Ingredients Inc., Danone S.A., Epi Ingredients, Euroserum, Fonterra Co-operative Group Limited, Glanbia PLC, Gujarat Cooperative Milk Marketing Federation Ltd., Hoogwegt Groep B.V., ICL Food Specialties, Ingredia SA, International Food Products Corporation, Kansas Dairy Ingredients, Kerry Group PLC, Koninklijke DSM N.V., Lactalis Ingredients, Lacto Japan Co., Ltd., LAND O’LAKES, INC., Olam Group, Ornua Co-operative Limited, Pacific Dairy Ingredients, Prolactal GmbH, Saputo Inc., and Valio Group.
            
            Market Segmentation & Coverage
            
            This research report categorizes the Dairy Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Milk Powder
                • Colostrums
                • Dairy Protein Fractions
                • Lactose & Its Derivatives
                • Milk & Whey Peptides
                • Milk Fat Concentrates
                • Skimmed Milk Powder
                • Whole Milk Powder
                • Proteins
                  • Casein & Caseinates
                  • Milk Protein Concentrates
                  • Milk Protein Hydrolysates
                  • Milk Protein Isolates
                  • Whey Protein Concentrates
                  • Whey Protein Isolates
                  • Form
                    • Dry
                    • Liquid
                    • Source
                      • Buffaloes
                      • Camels
                      • Cows
                      • Goats
                      • Sheep
                      • Application
                        • Animal Feed
                        • Bakery
                        • Confectionery
                        • Dairy Products
                        • Functional Food
                        • Infant & Pediatric Formula
                        • Sports Nutrition
                        • Region
                          • Americas
                            • Argentina
                            • Brazil
                            • Canada
                            • Mexico
                            • United States
                              • California
                              • Florida
                              • Illinois
                              • New York
                              • Ohio
                              • Pennsylvania
                              • Texas
                              • Asia-Pacific
                                • Australia
                                • China
                                • India
                                • Indonesia
                                • Japan
                                • Malaysia
                                • Philippines
                                • Singapore
                                • South Korea
                                • Taiwan
                                • Thailand
                                • Vietnam
                                • Europe, Middle East & Africa
                                  • Denmark
                                  • Egypt
                                  • Finland
                                  • France
                                  • Germany
                                  • Israel
                                  • Italy
                                  • Netherlands
                                  • Nigeria
                                  • Norway
                                  • Poland
                                  • Qatar
                                  • Russia
                                  • Saudi Arabia
                                  • South Africa
                                  • Spain
                                  • Sweden
                                  • Switzerland
                                  • Turkey
                                  • United Arab Emirates
                                  • United Kingdom
                                  
                                  
                                  Please Note: PDF & Excel + Online Access - 1 Year