Global Dairy Ingredients Market 2024-2028
Global Dairy Ingredients Market 2024-2028
The dairy ingredients market is forecasted to grow by USD 35.3 bn during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the dairy ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising consumption of bakery and confectionery products, increasing number of product launches for dairy ingredients, and increase in strategic M and A among market vendors.
Technavio's dairy ingredients market is segmented as below:
- By Type
- Milk powders
- Milk protein concentrates and milk protein isolates
- Whey ingredients
- Others
- By Application
- Bakery and confectionery
- Dairy products
- Infant milk formula
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the robust demand for organic food products as one of the prime reasons driving the dairy ingredients market growth during the next few years. Also, increased online penetration for dairy ingredients and increased spending on health products will lead to sizable demand in the market.
The report on the dairy ingredients market covers the following areas:
- Dairy ingredients market sizing
- Dairy ingredients market forecast
- Dairy ingredients market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dairy ingredients market vendors that include Agropur Dairy Cooperative, Arla Foods Ingredients Group PS, Aurivo Co operative Society Ltd., Dairy Farmers of America Inc., EUROSERUM, Fonterra Cooperative Group Ltd., Glanbia PLC, Gujarat Cooperative Milk Marketing Federation Ltd., Hoogwegt, Inner Mongolia Yili Industrial Group Co. Ltd., LACTALIS Ingredients, MEGMILK SNOW BRAND Co. Ltd, Morinaga Milk Industry Co. Ltd., Nestle SA, FrieslandCampina, Saputo Inc., Savencia SA, Schreiber Foods Inc., The Kraft Heinz Co., and Volac International Ltd.. Also, the dairy ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.