Product Code: MRFR/F-B & N/1276-CR
Global Dairy Ingredients Market Research Report Information by Product Type (Milk Powders, Milk Protein concentrate and milk protein Isolate, Whey Ingredients, Lactose, Others), by Form (Powder, Liquid), By Category (Organic, and Regular), By End Use (Commercial, Residential), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online, Others), By Application (Bakery and Confectionary, Food and Beverages, Infant milk formula, Others), By Region (North America, Europe, Asia Pacific, Rest of World) - Forecast Till 2030
Market Synopsis
Over the course of the forecast period, the dairy ingredients business is expected to increase at a compound annual growth rate (CAGR) of 7.70%. Over the next eight years, it is anticipated that the growing significance of nutritional enrichment in food and beverages due to people's growing knowledge of the need of leading healthy lives will have a favorable effect. The industry is expected to be significantly impacted by vegetarians' increasing use of functional food products supplemented with protein to meet their needs. Food and beverage businesses, such as Kellogg, have launched new products in response to the growing need for protein supplements in food items. This is anticipated to drive increased demand for whey and milk powder.
Growing customer demand for helpful and healthful food products is one of the factors propelling the global dairy ingredients market's expansion. Dairy products are high in the vital element's amino acids, vitamins, minerals, and proteins. These ingredients are found in a wide range of food products, such as baby formula, baked goods, confections, sports nutrition, and nutritional supplements. As consumers' attention shifts toward wellness and health, they are searching for food products with additional nutritional benefits. Dairy components fulfill this needs by enhancing the nutritional profile and usefulness of a variety of foods. The global demand for dairy ingredients has surged due to customers' increasing inclination towards wholesome and functional food products.
Insights on Market Segments
Milk powders, milk protein isolate and concentrate, whey ingredients, lactose, and other product types are included in the segmentation of the dairy ingredients market based on product type. According to form, the market is divided into two segments: powder and liquid. The market is divided into two segments according to category: Organic and Regular.
Based on End Use, the Dairy Ingredients Market is Segmented into Commercial and Residential. Convenience stores, specialty stores, online, supermarkets/hypermarkets, and others are included in the market segmentation based on the distribution channel. Food and Beverages, Bakery and Confectionary, Infant Milk Formula, and Others are included in the market segmentation based on application.
Regional Perspectives
Having had the greatest market share in 2020, the Asia Pacific category is projected to grow at a compound annual growth rate (CAGR) of 9.1%, with a market value of USD 18,756.1 million. Growing awareness of health and wellness, fast urbanization, and an increase in disposable money are the main factors driving the dairy business in this area. The world's greatest dairy product consumption base is found in Asia-Pacific.
From 2022 to2028, the dairy ingredients market in North America is anticipated to expand at a notable CAGR. The number of athletes and young people's growing awareness of food and health has led to a growth in the dairy ingredients market in North America. It has been demonstrated that manufacturers' incorporation of new features and technologies has a favorable effect on the market. In North America, dairy products are needed not just for food and drink but also for personal hygiene, animal feed, and medications and nutraceuticals. In addition, there has been a growth in the production of whole milk powder to meet the demand from exporters worldwide.
Principal Players
Key players in the dairy ingredients market include the Netherlands' FrieslandCampina N.V., Denmark's Arla Foods, Ireland's Glanbia Plc, Fonterra Co-operative Group Limited, New Zealand's Kerry Group plc, the United States' Dairy Farmers of America Inc., France's Groupe Lactalis, Ireland's Co-Operative Limited, Canada's Saputo Inc., the United Kingdom's Volac International Ltd., Switzerland's Nestle, and France's Danone S.A.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL DAIRY INGREDIENTS MARKET, BY PRODUCT TYPE
- 1.1.2 GLOBAL DAIRY INGREDIENTS MARKET, BY FORM
- 1.1.3 GLOBAL DAIRY INGREDIENTS MARKET, BY CATEGORY
- 1.1.4 GLOBAL DAIRY INGREDIENTS MARKET, BY END USE
- 1.1.5 GLOBAL DAIRY INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL
- 1.1.6 GLOBAL DAIRY INGREDIENTS MARKET, BY APPLICATION
- 1.1.7 GLOBAL DAIRY INGREDIENTS MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 DATA MINING
- 3.2 SECONDARY RESEARCH
- 3.3 PRIMARY RESEARCH
- 3.3.1 PRIMARY INTERVIEWS AND INFORMATION GATHERING PROCESS
- 3.3.2 BREAKDOWN OF PRIMARY RESPONDENTS
- 3.4 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION
- 3.4.1 BOTTOM-UP APPROACH
- 3.4.2 TOP-DOWN APPROACH
- 3.5 DATA VALIDATION
- 3.6 ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR NUTRITIOUS AND FUNCTIONAL FOOD PRODUCTS
- 4.2.2 GROWING CONSUMPTION OF DAIRY PRODUCTS IN EMERGING
- 4.3 RESTRAINT
- 4.3.1 INCREASING PREVALENCE OF LACTOSE INTOLERANCE AND DAIRY ALLERGIES
- 4.3.2 HEALTH CONCERNS AND DIETARY PREFERENCES
- 4.4 OPPORTUNITIES
- 4.4.1 RISING DEMAND FOR FUNCTIONAL FOODS
- 4.4.2 GROWING DEMAND FROM EMERGING ECONOMIES
- 4.5 CHALLENGES
- 4.5.1 REGULATORY AND QUALITY STANDARDS
- 4.5.2 INCREASING COMPETITION AND PRICE PRESSURE
5 MARKET FACTOR ANALYSIS
- 5.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION CHANNEL
- 5.1.4 END-USERS
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
- 5.3 IMPACT OF CORONAVIRUS OUTBREAK ON GLOBAL MARKET
- 5.3.1 IMPACT ON PRODUCTION
- 5.3.2 IMPACT ON SUPPLY CHAIN OF DAIRY INGREDIENTS MARKET
- 5.3.3 IMPACT OF PRICING
- 5.3.4 OTHERS
- 5.4 DEMAND AND SUPPLY ANALYSIS
6 GLOBAL DAIRY MILK MARKET
- 6.1 INTRODUCTION
- 6.2 MARKET FACTOR ANALYSIS
- 6.2.1 DRIVERS
- 6.2.1.1 RISING CONSUMPTION OF DAIRY MILK PRODUCTS
- 6.2.1.2 INCREASING HEALTH AND WELLNESS TRENDS
- 6.2.2 RESTRAINTS
- 6.2.2.1 CHANGING CONSUMER PREFERENCE
- 6.2.2.2 PRICE VOLATILITY
- 6.2.3 OPPORTUNITIES
- 6.2.3.1 INNOVATION AND PRODUCT DEVELOPMENT
- 6.2.3.2 GROWING FOOD SERVICE INDUSTRY
- 6.2.4 CHALLENGES
- 6.2.4.1 COMPETITION FROM PLANT-BASED ALTERNATIVES
- 6.2.4.2 CLIMATE CHANGE
- 6.3 DEMAND AND SUPPLY ANALYSIS
- 6.4 GLOBAL DAIRY MILK MARKET, BY PRODUCT TYPE
- 6.4.1 WHOLE/FULL-FAT
- 6.4.2 REDUCED-FAT (2%)
- 6.4.3 LOW-FAT (1%)
- 6.4.4 FAT-FREE
- 6.5 GLOBAL DAIRY MILK MARKET, BY FORM
- 6.5.1 POWDER
- 6.5.2 LIQUID
- 6.6 GLOBAL DAIRY MILK MARKET, BY CATEGORY
- 6.6.1 ORGANIC
- 6.6.2 REGULAR
- 6.7 GLOBAL DAIRY MILK MARKET, BY END USE
- 6.7.1 COMMERCIAL
- 6.7.2 RESIDENTIAL
- 6.8 GLOBAL DAIRY MILK MARKET, BY DISTRIBUTION CHANNEL
- 6.8.1 SUPERMARKETS/HYPERMARKETS
- 6.8.2 CONVENIENCE STORES
- 6.8.3 SPECIALTY STORES
- 6.8.4 ONLINE
- 6.8.5 OTHERS
- 6.9 GLOBAL DAIRY MILK MARKET, BY APPLICATION
- 6.9.1 BAKERY AND CONFECTIONARY
- 6.9.2 FOOD AND BEVERAGES
- 6.9.3 INFANT MILK FORMULA
- 6.9.4 OTHERS
7 GLOBAL DAIRY INGREDIENTS MARKET, BY PRODUCT TYPE
- 7.1 INTRODUCTION
- 7.2 MILK POWDERS
- 7.2.1 SKIMMED MILK POWDERS
- 7.2.2 WHOLE MILK POWDERS
- 7.3 MILK PROTEIN CONCENTRATE AND MILK PROTEIN ISOLATE
- 7.4 WHEY INGREDIENTS
- 7.4.1 WHEY PROTEIN CONCENTRATE (WPC)
- 7.4.2 WHEY PROTEIN ISOLATE (WPI)
- 7.4.3 HYDROLYZED WHEY PROTEIN (HWP)
- 7.5 LACTOSE
- 7.6 OTHERS
8 GLOBAL DAIRY INGREDIENTS MARKET, BY FORM
- 8.1 INTRODUCTION
- 8.2 POWDER
- 8.3 LIQUID
9 GLOBAL DAIRY INGREDIENTS MARKET, BY CATEGORY
- 9.1 INTRODUCTION
- 9.2 ORGANIC
- 9.3 REGULAR
10 GLOBAL DAIRY INGREDIENTS MARKET, BY END USE
- 10.1 INTRODUCTION
- 10.2 COMMERCIAL
- 10.3 RESIDENTIAL
11 GLOBAL DAIRY INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL
- 11.1 INTRODUCTION
- 11.2 SUPERMARKETS/HYPERMARKETS
- 11.3 CONVENIENCE STORES
- 11.4 SPECIALTY STORES
- 11.5 ONLINE
- 11.6 OTHERS
12 GLOBAL DAIRY INGREDIENTS MARKET, BY APPLICATION
- 12.1 INTRODUCTION
- 12.2 BAKERY AND CONFECTIONARY
- 12.3 FOOD AND BEVERAGES
- 12.4 INFANT MILK FORMULA
- 12.5 OTHERS
13 GLOBAL DAIRY INGREDIENTS MARKET, BY REGION
- 13.1 INTRODUCTION
- 13.2 NORTH AMERICA
- 13.2.1 US
- 13.2.2 CANADA
- 13.2.3 MEXICO
- 13.3 EUROPE
- 13.3.1 GERMANY
- 13.3.2 UK
- 13.3.3 FRANCE
- 13.3.4 SPAIN
- 13.3.5 ITALY
- 13.3.6 REST OF EUROPE
- 13.4 ASIA PACIFIC
- 13.4.1 INDIA
- 13.4.2 CHINA
- 13.4.3 JAPAN
- 13.4.4 SOUTH KOREA
- 13.4.5 INDONESIA
- 13.4.6 VIETNAM
- 13.4.7 AUSTRALIA AND NEWZEALAND
- 13.4.8 PHILLIPINES
- 13.4.9 REST OF ASIA PACIFIC
- 13.5 ROW
- 13.5.1 SOUTH AMERICA
- 13.5.2 MIDDLE EAST
- 13.5.3 AFRICA
14 COMPETITIVE LANDSCAPE
- 14.1 INTRODUCTION
- 14.1.1 MARKET STRATEGY ANALYSIS
- 14.2 COMPETITIVE BENCHMARKING
- 14.2.1 INTRODUCTION
- 14.2.2 PRODUCT PORTFOLIO
- 14.2.3 REGIONAL PRESENCE
- 14.2.4 STRATEGIC ALLIANCES
- 14.2.5 INDUSTRY EXPERIENCES
- 14.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 14.3.1 INVESTMENT
- 14.3.2 ACQUISITIONS
- 14.3.3 PRODUCT LAUNCH
- 14.3.4 PARTNERSHIP/COLLABORATION
- 14.3.5 AGREEMENT
- 14.3.6 EXPANSION
15 COMPANY PROFILES
- 15.1 FRIESLANDCAMPINA N.V.
- 15.1.1 COMPANY OVERVIEW
- 15.1.2 FINANCIAL OVERVIEW
- 15.1.3 PRODUCTS OFFERED
- 15.1.4 KEY DEVELOPMENTS
- 15.1.5 KEY STRATEGIES
- 15.2 ARLA FOODS
- 15.2.1 COMPANY OVERVIEW
- 15.2.2 FINANCIAL OVERVIEW
- 15.2.3 PRODUCTS OFFERED
- 15.2.4 KEY DEVELOPMENTS
- 15.2.5 SWOT ANALYSIS
- 15.2.6 KEY STRATEGIES
- 15.3 GLANBIA PLC
- 15.3.1 COMPANY OVERVIEW
- 15.3.2 FINANCIAL OVERVIEW
- 15.3.3 PRODUCTS OFFERED
- 15.3.4 KEY DEVELOPMENTS
- 15.3.5 SWOT ANALYSIS
- 15.3.6 KEY STRATEGIES
- 15.4 FONTERRA CO-OPERATIVE GROUP LIMITED
- 15.4.1 COMPANY OVERVIEW
- 15.4.2 FINANCIAL OVERVIEW
- 15.4.3 PRODUCTS OFFERED
- 15.4.4 KEY DEVELOPMENTS
- 15.4.5 SWOT ANALYSIS
- 15.4.6 KEY STRATEGIES
- 15.5 KERRY GROUP PLC
- 15.5.1 COMPANY OVERVIEW
- 15.5.2 FINANCIAL OVERVIEW
- 15.5.3 PRODUCTS OFFERED
- 15.5.4 KEY DEVELOPMENTS
- 15.5.5 SWOT ANALYSIS
- 15.5.6 KEY STRATEGIES
- 15.6 DAIRY FARMERS OF AMERICA, INC.
- 15.6.1 COMPANY OVERVIEW
- 15.6.2 FINANCIAL OVERVIEW
- 15.6.3 PRODUCTS OFFERED
- 15.6.4 KEY DEVELOPMENTS
- 15.6.5 SWOT ANALYSIS
- 15.6.6 KEY STRATEGIES
- 15.7 GROUPE LACTALIS
- 15.7.1 COMPANY OVERVIEW
- 15.7.2 FINANCIAL OVERVIEW
- 15.7.3 PRODUCTS OFFERED
- 15.7.4 KEY DEVELOPMENTS
- 15.7.5 SWOT ANALYSIS
- 15.7.6 KEY STRATEGIES
- 15.8 ORNUA CO-OPERATIVE LIMITED
- 15.8.1 COMPANY OVERVIEW
- 15.8.2 FINANCIAL OVERVIEW
- 15.8.3 PRODUCTS OFFERED
- 15.8.4 KEY DEVELOPMENTS
- 15.8.5 SWOT ANALYSIS
- 15.8.6 KEY STRATEGIES
- 15.9 SAPUTO INC.
- 15.9.1 COMPANY OVERVIEW
- 15.9.2 FINANCIAL OVERVIEW
- 15.9.3 PRODUCTS OFFERED
- 15.9.4 KEY DEVELOPMENTS
- 15.9.5 SWOT ANALYSIS
- 15.9.6 KEY STRATEGIES
- 15.10 VOLAC INTERNATIONAL LTD.
- 15.10.1 COMPANY OVERVIEW
- 15.10.2 FINANCIAL OVERVIEW
- 15.10.3 PRODUCTS OFFERED
- 15.10.4 KEY DEVELOPMENTS
- 15.10.5 SWOT ANALYSIS
- 15.10.6 KEY STRATEGIES
- 15.11 NESTLE S.A.
- 15.11.1 COMPANY OVERVIEW
- 15.11.2 FINANCIAL OVERVIEW
- 15.11.3 PRODUCTS OFFERED
- 15.11.4 KEY DEVELOPMENTS
- 15.11.5 SWOT ANALYSIS
- 15.11.6 KEY STRATEGIES
- 15.12 DANONE S.A.
- 15.12.1 COMPANY OVERVIEW
- 15.12.2 FINANCIAL OVERVIEW
- 15.12.3 PRODUCTS OFFERED
- 15.12.4 KEY DEVELOPMENTS
- 15.12.5 SWOT ANALYSIS
- 15.12.6 KEY STRATEGIES