About Dairy Ingredients
Increasing Application in the Nutrition and Convenience Food Sectors will help to boost the global Dairy Ingredients market in the forecasted period. Dairy ingredients are mainly derived from milk and whey and are utilized to develop different types of products, which have varied applicability. For instance, these ingredients provide health and nutrition benefits, taste, and other characteristics of food products. The traditional method of heat treatment is used to produce dairy ingredients, followed by cooling and flavoring, while the modern technique of membrane separation is also used for the same purpose.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dairy Ingredients market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FrieslandCampina (The Netherlands), Groupe Lactalis (France), Arla Foods (Denmark), Saputo (Canada), Fonterra Co-operative Group (New Zealand), Dairy Farmers of America (United States), Kerry Group (Ireland), Ornua (Ireland), AMCO Proteins (United States) and Prolactal (Austria) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Valio (Finland), Glanbia (Ireland), Hoogwegt Group (The Netherlands), Batory Foods (USA), Ingredia SA (France), Agropur (Canada) and Euroserum (France).
Segmentation Overview
AMA Research has segmented the market of Global Dairy Ingredients market by Type (Milk Powders [Skimmed Milk Powders, Whole Milk Powders], Milk Protein Concentrate & Milk Protein Isolate, Whey Ingredients [Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI), Hydrolyzed Whey Protein (HWP)], Lactose & Derivatives, Casein & Caseinates, Dairy Blenders & Replacers and Others), Application (Bakery & Confectionery, Dairy Products, Infant Milk Formula, Sports & Clinical Nutrition and Other) and Region.
On the basis of geography, the market of Dairy Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Production Method, the sub-segment i.e. Traditional Method will boost the Dairy Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Milk Based will boost the Dairy Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Dairy Products and Technological Advancements to Enhance Production Efficiency
Market Growth Drivers:
Increasing Awareness About Health and Wellness and Abolition of Milk Quota in the European Union
Challenges:
High Capital Investment in Manufacturing Dairy Ingredients
Restraints:
Growing Demand for Alternatives, Such as Plant Protein
Opportunities:
Functional Potential of Dairy Ingredients in New Products, Support By Government and Non-Government Bodies in Funding SMES and Startups to Support Dairy Businesses and Growing Demand from energy & Sports Drinks, Fortified Products, Carbonated Dairy Drinks
Market Leaders and their expansionary development strategies
In October 2019, FrieslandCampina came into partnership with the American dairy cooperative, United Dairymen of Arizona (UDA) (US), to meet the increasing consumer demand for lactoferrin.
In September 2019, Arla Foods Ingredients developed Lacprodan HYDRO. PowerPro, a product that offers all the benefits of whey protein hydrolysates and does not taste bitter. The product is a whey protein hydrolysate of Arla Foods Ingredients.
Key Target Audience
Dairy Ingredients Manufactures, Suppliers, Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.