Industry Background:
Fermented dairy products are products that contain probiotics, which have a variety of health benefits. The inoculation of enzymes and culture, which convert lactose to lactic acid, results in fermented dairy products. Many substances are released during the conversion phase, including diacetyl, acetic acid, acetaldehyde, and others, which primarily aid in the imparting of aroma and taste to the items. Lactobacillus and Bifidobacterium are the most commonly used bacterial strains in the fermentation process.The Fermented Dairy Ingredients Market is being driven by rising customer demand for drinkable yoghurts. Increased investment in dairy products such as yoghurt and fermented cheese as a result of rising demand for frozen dairy products. Furthermore, fermented dairy products have long been an integral part of a balanced diet. Previously, the fermentation process resulted in a sluggish and unpredictable sourness of milk due to species naturally found in milk. However, under regulated conditions, modern microbiological processes have resulted in the development of various fermented milk products with higher nutritional value.This growth is primarily driven by Increasing Use of Cheese and Processed Cheese in the Food Industry
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Archer Daniels Midland Company (United States), DuPont (United States), Arla Foods Ingredient Group P/S (Denmark), Koninklijke DSM NV (Netherlands), BASF (Germany), Cargill Incorporated (United States), Chr Hansen Holding A/S (Denmark), Corbion (Netherlands), CSK Food Enrichment (Netherlands) and Döhler(Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2023,BASF invests a high double-digit million euro amount in a new fermentation plant for biological and biotechnology-based crop protection products at its Ludwigshafen site. The plant will manufacture products that bring value to farmers including biological fungicides and biological seed treatment. BASF also plans to utilize the plant to produce the main building block of Inscalis®, a novel insecticide derived from a fungal strain. Commissioning is planned for the second half of 2025.
In April 2020, DuPont N&B launched new culture series for fermented dairy ingredients which are heralded as a new industry-standard for yogurt manufacturers.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.
Influencing Trend:
New Processing Techniques Such as: High-Pressure Processing (HPP), High Pressure Homogenization (HPH)
Market Growth Drivers:
Increasing Use of Cheese and Processed Cheese in the Food Industry, Various Health Benefits Associated with it and Rising Need for Food Preservation
Challenges:
Storage Issues Related to Fermented Dairy Products
Restraints:
Inconsistent Availability of Quality Raw Material and High Cost and Possibilities of Health Risks Due to Fermentation
Opportunities:
Technological Innovation and Increase in the Number of Applications
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Fermented Dairy Ingredients Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Fermented Dairy Ingredients Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Fermented Dairy Ingredients players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Fermented Dairy Ingredients Study Sheds Light on
The Fermented Dairy Ingredients Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Fermented Dairy Ingredients industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fermented Dairy Ingredients industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.