Global Dairy Ingredients Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 1/12/2023
- NO OF PAGES
- 256
- CATEGORY
- Food & Beverages
The Global Dairy Ingredients Market size was valued at USD 53.9 billion in 2020 and is projected to reach USD 74.5 billion by 2026, growing at a CAGR of 5.3% during the forecast period (2021-2026). The growth of the market is attributed to factors such as increasing demand for dairy products, rising consumer awareness regarding the health benefits of dairy ingredients, and the growing use of dairy ingredients in various food applications, such as bakery, confectionery, and convenience foods. The market is also driven by the increasing adoption of dairy-based protein supplements by athletes and fitness enthusiasts.
The dairy ingredients market refers to the various ingredients derived from milk that are used in a wide range of food and beverage products. Some of the most common dairy ingredients include milk powder, whey protein, casein, lactose, and butter. These ingredients are used in a variety of applications, including bakery products, confectionery, infant nutrition, and sports nutrition. The market for dairy ingredients is expected to grow steadily in the coming years, driven by factors such as rising demand for dairy-based protein products, increased consumption of dairy products in developing countries, and growing awareness about the health benefits of dairy ingredients. However, there are also challenges facing the market, such as fluctuating milk prices and concerns about the environmental impact of dairy production. The global dairy ingredients market is highly competitive, with a large number of players operating in the market. Some of the leading companies in the market include Arla Foods, Fonterra Co-operative Group Limited, FrieslandCampina, Kerry Group, and Saputo Inc. These companies are constantly innovating and introducing new products to meet the changing needs and preferences of consumers. Overall, the dairy ingredients market is expected to continue to grow in the coming years, driven by factors such as increasing demand for protein-rich foods, the popularity of dairy-based products, and the development of new and innovative dairy ingredients. However, the market is also facing challenges, such as increasing competition and concerns about sustainability and animal welfare.
There are several drivers that are contributing to the growth of the dairy ingredients market:
· Growing demand for protein-rich food products: Dairy ingredients such as whey protein, casein, and milk protein concentrates are highly sought after as they are rich sources of high-quality protein. As consumers become increasingly health-conscious and interested in fitness, the demand for protein-rich food products is growing.
· Increased consumption of dairy products in developing countries: As incomes rise in many developing countries, consumers are increasingly able to afford and demand more dairy products. This is driving demand for dairy ingredients in these regions, as food and beverage manufacturers seek to cater to these emerging markets.
· Rising popularity of functional foods: Functional foods are products that have additional health benefits beyond basic nutrition. Dairy ingredients, such as lactose and probiotics, are often used in functional foods due to their health-promoting properties.
· Technological advancements in dairy processing: Advances in technology are allowing for more efficient and cost-effective production of dairy ingredients. This is making them more accessible to a wider range of food and beverage manufacturers.
· Growing demand for convenience foods: As consumers seek out more convenient and portable food options, dairy ingredients such as milk powders and milk protein concentrates are increasingly being used in the development of these products.
Overall, these factors are driving the growth of the dairy ingredients market and are expected to continue to do so in the coming years.
Type Insights
Milk powder is the largest type of dairy ingredient in terms of volume and value. Milk powder is made by evaporating milk to remove the moisture, resulting in a powder that can be easily stored and transported. Milk powder is used in a wide range of food and beverage products, including bakery products, confectionery, dairy products, and infant formula. The popularity of milk powder is due to its versatility, long shelf life, and convenience. It can be reconstituted with water to create liquid milk or used as a dry ingredient in food and beverage formulations. Milk powder is also a cost-effective alternative to liquid milk, as it is lighter and more compact, reducing transportation and storage costs. Milk powder is produced in many countries around the world, with major producers including New Zealand, the European Union, and the United States. The production of milk powder is a significant industry, and it is expected to continue to grow in the coming years due to its widespread use in the food and beverage industry.
Application Insights
The largest application for dairy ingredients is the dairy products segment, which includes products such as cheese, yogurt, ice cream, and butter. The demand for dairy products has been increasing globally due to factors such as rising population, increasing disposable income, and changing dietary habits. Dairy ingredients are essential for the production of these products as they provide functional properties such as texture, flavor, and nutrition. For example, whey protein is widely used in the production of cheese and yogurt, while milk powder is used in the production of ice cream and butter. The growing demand for dairy products is expected to drive the growth of the dairy ingredients market in the coming years.
Regional Insights
The largest region in the dairy ingredients market varies depending on the type of dairy ingredient. However, Europe is currently the largest market for dairy ingredients in terms of revenue, due to factors such as high consumption of dairy products, well-established dairy industry, and increasing demand for functional food ingredients. Additionally, the region is home to some of the leading players in the dairy ingredients market, and there is a growing trend towards the use of natural and clean-label dairy ingredients in food and beverage applications.
Key Companies Insights
The global dairy ingredients market is highly competitive, with a large number of players operating in the market. The level of competition varies depending on the specific segment of the market, with some segments being more consolidated than others. Companies are constantly innovating and introducing new products to meet the changing needs and preferences of consumers. This includes the development of new types of dairy ingredients, as well as new applications for existing ingredients. Furthermore, consolidation is occurring in some segments of the market, with larger companies acquiring smaller players to expand their product portfolios and geographic reach. This is resulting in a smaller number of larger players in some segments of the market.
Some of the prominent players operating in the global dairy ingredients market include:
· Arla Foods
· Fonterra Co-operative Group Limited
· FrieslandCampina
· Kerry Group
· Saputo Inc.
· Dairy Farmers of America
· Glanbia PLC
· DMK Group
· Euroserum
· Chr. Hansen Holding A/S
· Lactalis Ingredients
· Hoogwegt Group
· Carbery Group
· Milk Specialties Global
· Ornua Co-operative Limited
These companies operate globally and are engaged in the production and sale of a wide range of dairy ingredients, including milk powder, whey protein, casein, lactose, and butter. They are also engaged in research and development to create new and innovative dairy ingredients, as well as working to improve the sustainability and efficiency of their production processes.
Segments
By Type
· Milk Powder
· Whey Protein
· Casein and Caseinates
· Milk Protein Concentrates and Isolates
· Lactose and Derivatives
· Others (Butter Powder, Cheese Powder, etc.)
By Form
· Powder
· Liquid
By Application
· Bakery and Confectionery
· Dairy Products
· Infant Nutrition
· Beverages
· Convenience Foods
· Others (Dietary Supplements, Animal Feed, etc.)
By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
· Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
· Latin America
o Brazil
o Argentina
o Colombia
· MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Global Dairy Ingredients Market: Regional Analysis
The countries covered in the regional analysis of the Global Dairy Ingredients market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Dairy Ingredients market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Dairy Ingredients would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Dairy Ingredients Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Dairy Ingredients Revenue
1.4 Market Analysis by Type
1.4.1 Global Dairy Ingredients Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Milk Ingredients
1.4.3 Whey Ingredients
1.5 Market by Application
1.5.1 Global Dairy Ingredients Market Share by Application: 2023-2032
1.5.2 Bakery & Confectionery
1.5.3 Dairy Products
1.5.4 Convenience Foods
1.5.5 Infant Milk
1.5.6 Sports Nutrition
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Dairy Ingredients Market
1.8.1 Global Dairy Ingredients Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Dairy Ingredients Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Dairy Ingredients Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Dairy Ingredients Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Dairy Ingredients Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Dairy Ingredients Sales Volume Market Share by Region (2017-2022)
3.2 Global Dairy Ingredients Sales Revenue Market Share by Region (2017-2022)
3.3 North America Dairy Ingredients Sales Volume
3.3.1 North America Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.3.2 North America Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Dairy Ingredients Sales Volume
3.4.1 East Asia Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Dairy Ingredients Sales Volume (2017-2022)
3.5.1 Europe Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Dairy Ingredients Sales Volume (2017-2022)
3.6.1 South Asia Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Dairy Ingredients Sales Volume (2017-2022)
3.7.1 Southeast Asia Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Dairy Ingredients Sales Volume (2017-2022)
3.8.1 Middle East Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Dairy Ingredients Sales Volume (2017-2022)
3.9.1 Africa Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Dairy Ingredients Sales Volume (2017-2022)
3.10.1 Oceania Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Dairy Ingredients Sales Volume (2017-2022)
3.11.1 South America Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.11.2 South America Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Dairy Ingredients Sales Volume (2017-2022)
3.12.1 Rest of the World Dairy Ingredients Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Dairy Ingredients Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Dairy Ingredients Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Dairy Ingredients Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Dairy Ingredients Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Dairy Ingredients Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Dairy Ingredients Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Dairy Ingredients Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Dairy Ingredients Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Dairy Ingredients Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Dairy Ingredients Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Dairy Ingredients Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Dairy Ingredients Sales Volume Market Share by Type (2017-2022)
14.2 Global Dairy Ingredients Sales Revenue Market Share by Type (2017-2022)
14.3 Global Dairy Ingredients Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Dairy Ingredients Consumption Volume by Application (2017-2022)
15.2 Global Dairy Ingredients Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Dairy Ingredients Business
16.1 Fonterra
16.1.1 Fonterra Company Profile
16.1.2 Fonterra Dairy Ingredients Product Specification
16.1.3 Fonterra Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Lactalis Ingredients
16.2.1 Lactalis Ingredients Company Profile
16.2.2 Lactalis Ingredients Dairy Ingredients Product Specification
16.2.3 Lactalis Ingredients Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 FrieslandCampina
16.3.1 FrieslandCampina Company Profile
16.3.2 FrieslandCampina Dairy Ingredients Product Specification
16.3.3 FrieslandCampina Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Dairy Farmers of America
16.4.1 Dairy Farmers of America Company Profile
16.4.2 Dairy Farmers of America Dairy Ingredients Product Specification
16.4.3 Dairy Farmers of America Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Ornua
16.5.1 Ornua Company Profile
16.5.2 Ornua Dairy Ingredients Product Specification
16.5.3 Ornua Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Saputo
16.6.1 Saputo Company Profile
16.6.2 Saputo Dairy Ingredients Product Specification
16.6.3 Saputo Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Sodiaal
16.7.1 Sodiaal Company Profile
16.7.2 Sodiaal Dairy Ingredients Product Specification
16.7.3 Sodiaal Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Arla
16.8.1 Arla Company Profile
16.8.2 Arla Dairy Ingredients Product Specification
16.8.3 Arla Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Open Country Dairy
16.9.1 Open Country Dairy Company Profile
16.9.2 Open Country Dairy Dairy Ingredients Product Specification
16.9.3 Open Country Dairy Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Murray Goulburn
16.10.1 Murray Goulburn Company Profile
16.10.2 Murray Goulburn Dairy Ingredients Product Specification
16.10.3 Murray Goulburn Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Glanbia
16.11.1 Glanbia Company Profile
16.11.2 Glanbia Dairy Ingredients Product Specification
16.11.3 Glanbia Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Dairygold
16.12.1 Dairygold Company Profile
16.12.2 Dairygold Dairy Ingredients Product Specification
16.12.3 Dairygold Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Synlait Milk
16.13.1 Synlait Milk Company Profile
16.13.2 Synlait Milk Dairy Ingredients Product Specification
16.13.3 Synlait Milk Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 Uelzena
16.14.1 Uelzena Company Profile
16.14.2 Uelzena Dairy Ingredients Product Specification
16.14.3 Uelzena Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Westland Milk Products
16.15.1 Westland Milk Products Company Profile
16.15.2 Westland Milk Products Dairy Ingredients Product Specification
16.15.3 Westland Milk Products Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Valio
16.16.1 Valio Company Profile
16.16.2 Valio Dairy Ingredients Product Specification
16.16.3 Valio Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Tatua
16.17.1 Tatua Company Profile
16.17.2 Tatua Dairy Ingredients Product Specification
16.17.3 Tatua Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Prolactal
16.18.1 Prolactal Company Profile
16.18.2 Prolactal Dairy Ingredients Product Specification
16.18.3 Prolactal Dairy Ingredients Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Dairy Ingredients Manufacturing Cost Analysis
17.1 Dairy Ingredients Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Dairy Ingredients
17.4 Dairy Ingredients Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Dairy Ingredients Distributors List
18.3 Dairy Ingredients Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Dairy Ingredients (2023-2032)
20.2 Global Forecasted Revenue of Dairy Ingredients (2023-2032)
20.3 Global Forecasted Price of Dairy Ingredients (2017-2032)
20.4 Global Forecasted Production of Dairy Ingredients by Region (2023-2032)
20.4.1 North America Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.3 Europe Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.7 Africa Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.9 South America Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Dairy Ingredients Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Dairy Ingredients by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Dairy Ingredients by Country
21.2 East Asia Market Forecasted Consumption of Dairy Ingredients by Country
21.3 Europe Market Forecasted Consumption of Dairy Ingredients by Countriy
21.4 South Asia Forecasted Consumption of Dairy Ingredients by Country
21.5 Southeast Asia Forecasted Consumption of Dairy Ingredients by Country
21.6 Middle East Forecasted Consumption of Dairy Ingredients by Country
21.7 Africa Forecasted Consumption of Dairy Ingredients by Country
21.8 Oceania Forecasted Consumption of Dairy Ingredients by Country
21.9 South America Forecasted Consumption of Dairy Ingredients by Country
21.10 Rest of the world Forecasted Consumption of Dairy Ingredients by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
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