Dairy Ingredients Market Size, Share, Forecast, & Trends Analysis by Source (Milk, Whey), Type (Milk Powder, Whey Protein, Milk Protein, Lactose, Buttermilk Powder, Whey Permeate), Application (Food {Dairy Products}, Beverages) - Global Forecast to 2031

Dairy Ingredients Market Size, Share, Forecast, & Trends Analysis by Source (Milk, Whey), Type (Milk Powder, Whey Protein, Milk Protein, Lactose, Buttermilk Powder, Whey Permeate), Application (Food {Dairy Products}, Beverages) - Global Forecast to 2031

According to the research report titled, ‘Dairy Ingredients Market Size, Share, Forecast, & Trends Analysis by Source (Milk, Whey), Type (Milk Powder, Whey Protein, Milk Protein, Lactose, Buttermilk Powder, Whey Permeate), Application (Food {Dairy Products}, Beverages)—Global Forecast to 2031,’ the dairy ingredients market is estimated to reach $93.22 billion by 2031, at a CAGR of 4.9% during the forecast period. The report provides an in-depth analysis of the dairy ingredients market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2031.

Succeeding extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and trends. Dairy Ingredients market’s growth is driven by the growing adoption of dairy ingredients in the food industry, increasing health & wellness trends, improvements in supply chain management, rising consumer awareness regarding nutritional foods, and increasing milk production. However, demand for plant-based dairy alternatives and the increasing incidence of lactose intolerance may restrain market growth.

Moreover, technological advances in the dairy industry and emerging economies are expected to create market growth opportunities. However, rising consumer awareness about the benefits of a vegan diet poses a significant challenge to the market’s growth.

The key players operating in the dairy ingredients market are Lactalis Group (France), Dairy Farmers of America, Inc. (U.S.), Fonterra Co-Operative Group Limited (New Zealand), Arla Foods amba (Denmark), Saputo Inc. (Canada), Royal FrieslandCampina N.V. (Netherlands), Savencia SA (France), Sodiaal International (France), Glanbia PLC (Ireland), Agropur Cooperative (Canada), Schreiber Foods Inc. (U.S.), Morinaga Milk Industry Co., Ltd. (Japan), AMCO Proteins (U.S.), KOMOS GROUP LLC (Russia), and Prolactal GmbH (Austria).

Based on source, this market is segmented into milk and whey. In 2024, the milk segment is expected to account for a larger share of 78.9% of the global dairy ingredients market. This segment's large share is primarily due to its broad range of applications and milk's versatility and beneficial properties. Furthermore, milk's high protein and vitamin content make it a staple food, propelling market growth.

Based on type, this market is segmented into milk powder, whey protein, milk protein, casein and caseinates, third-generation dairy ingredients, lactose, lactose derivatives, buttermilk powder, and whey permeate. The milk protein segment is expected to grow at the fastest CAGR of 6.1% during the forecast period. The segment's rapid growth is attributed to its versatile, functional properties and high protein content, which have increased its usage in sports nutrition and the nutraceutical industry.

Based on application, this market is segmented into food, beverages, nutritional health supplements, animal feed, and other applications. In 2024, the food segment is expected to account for the largest share of 37.3% of the global dairy ingredients market. This segment’s large market share is primarily attributed to the increased demand for nutrient- and fortifying-rich food products, growing consumption of functional food products, and increasing awareness of dairy components and their multiple uses in processed foods.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is expected to record the highest CAGR during the forecast period, mainly due to the growing number of infants and rising demand for organic dairy components.

Key Questions Answered in the Report-

What is the current revenue generated by the dairy ingredients market globally?
At what rate is the dairy ingredients demand projected to grow for the next 5–7 years?
What are the historical market sizes and growth rates of the dairy ingredients market?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Which segments, in terms of source, type, and application, are expected to create traction for the manufacturers in this market during the forecast period 2024–2031?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the dairy ingredients market?
Who are the major players in the dairy ingredients market? What are their specific product offerings in this market?
What are the recent strategic developments in the dairy ingredients market? What are the impacts of these strategic developments on the market?

Scope of the Report:

Global Dairy Ingredients Market Assessment—by Source

Milk
Whey

Global Dairy Ingredients Market Assessment—by Type

Milk Powder
Whole Milk Powder
Skim milk powder
Fat Filled Milk Powder
Whey Protein
Whey Protein Concentrate
Whey Protein Isolate
Whey Protein Hydrolysate
Milk Protein
Milk Protein Concentrate
Milk Protein Isolate
Milk Protein Hydrolysates
Casein and Caseinates
Third-generation Dairy Ingredients
Lactoferrin
Lactoperoxidase
Alpha-lactalbumin
Lactose
Lactose Derivatives
Galactose
Lactulose
Lactitol
Lactosucrose
Other Lactose Derivates
Buttermilk Powder
Whey Permeate

Global Dairy Ingredients Market Assessment—by Application

Food
Bakery & Confectionery
Dairy Products
Infant Food
Other Food Applications
Beverages
Energy Drinks
Sports Drinks
Dairy-based Beverages
Other Beverage Applications
Nutritional Health Supplements
Animal Feed
Other Applications

Global Dairy Ingredients Market Assessment—by Geography

North America
U.S.
Canada
Europe
Germany
Russia
U.K.
Spain
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Thailand
New Zealand
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa

Global Dairy Ingredients Market - Report Summary

Report Metrics	Details
Years Considered	2024 - 2031
Base Year	2023
Forecast Period	2024-2031
Page Count	426
Units Referenced	Global Dairy Ingredients Market
Segments/Key Topics	Market by Source, Type, Application, Geography
Regions Covered	Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa
Key Companies Mentioned	Lactalis Group (France), Dairy Farmers of America, Inc. (U.S.), Fonterra Co-Operative Group Limited (New Zealand), Arla Foods amba (Denmark), Saputo Inc. (Canada), Royal FrieslandCampina N.V. (Netherlands), Savencia SA (France), Sodiaal International (France), Glanbia PLC (Ireland), Agropur Cooperative (Canada), Schreiber Foods Inc. (U.S.), Morinaga Milk Industry Co., Ltd. (Japan), AMCO Proteins (U.S.), KOMOS GROUP LLC (Russia), and Prolactal GmbH (Austria)

FAQs About the Report

What are Dairy Ingredients?

Dairy ingredients are defined as components derived from milk and whey. They are high in nutritional benefits, providing proteins, amino acids, vitamins, and minerals. Ingredients derived from milk and whey include milk powder, whey protein, milk protein, casein and caseinates, third-generation dairy ingredients, lactose, lactose derivatives, buttermilk powder, and whey permeate. These ingredients have applications in food, beverages, nutritional health supplements, animal feed, and other industries.

This dairy ingredient market report provides detailed market insights and market size and forecasts for dairy ingredients in terms of value and volume by type and geography and in terms of value by source and application. Each segment provides the market size and forecast for five key geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa) along with the key countries.

What does the global dairy ingredients market generate the current revenue value? At what rate is the global products market projected to grow in the next 5–7 Years?

The global dairy ingredients market is expected to reach $93.22 billion by 2031, at a CAGR of 4.9% during the forecast period.

Which is the high-growth application segment of the dairy ingredients market?

The nutritional health supplements segment is expected to register the highest CAGR from 2024 to 2031.

What are the major drivers for this market?

Growing Adoption of Dairy Ingredients in the Food Industry
Increasing Health & Wellness Trends
Improvements in Supply Chain Management
Rising Consumer Awareness Regarding Nutritional Foods
Increasing Milk Production
What is the major restraint for the global dairy ingredients market?
Demand for Plant-Based Dairy Alternatives
Increasing Incidence of Lactose Intolerance
Who are the major players operating in the global dairy ingredients market?

The key players operating in the dairy ingredients market are Lactalis Group (France), Dairy Farmers of America, Inc. (U.S.), Fonterra Co-Operative Group Limited (New Zealand), Arla Foods amba (Denmark), Saputo Inc. (Canada), Royal FrieslandCampina N.V. (Netherlands), Savencia SA (France), Sodiaal International (France), Glanbia PLC (Ireland), Agropur Cooperative (Canada), Schreiber Foods Inc. (U.S.), Morinaga Milk Industry Co., Ltd. (Japan), AMCO Proteins (U.S.), KOMOS GROUP LLC (Russia), and Prolactal GmbH (Austria).

Which regions/countries are likely to offer significant growth opportunities for the vendors in this market during the analysis period?

Asia-Pacific is poised to register the highest CAGR of 5.3% during the forecast period of 2024–2031, mainly due to increasing demand for organic dairy ingredients and the rising infant population.