Dairy Blends Market Report by Type (Dairy mixtures, Dairy/Nondairy Ingredients, Dairy as a functional Ingredient, Dairy as carrier, and Others), Form (Spreadable, Powder, Liquid), Application (Ice cream, Infant Formula, Bakery Products, and Others), and Region 2024-2032

Dairy Blends Market Report by Type (Dairy mixtures, Dairy/Nondairy Ingredients, Dairy as a functional Ingredient, Dairy as carrier, and Others), Form (Spreadable, Powder, Liquid), Application (Ice cream, Infant Formula, Bakery Products, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A8780
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Market Overview: 

The global dairy blends market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6.7% during 2024-2032. The growing health awareness among consumers, the rising demand for dairy blends, and the increasing consumer preference toward clean-label food products are some of the major factors propelling the market.

Report Attribute
 Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 4.4 Billion
Market Forecast in 2032 US$ 7.9 Billion
Market Growth Rate 2024-2032 6.7%


Dairy blends refer to products that are created by combining various dairy ingredients to achieve specific functional and compositional characteristics. These blends typically consist of a mixture of dairy components such as milk powder, whey powder, butterfat, or nonfat dry milk. The purpose of dairy blends is to provide a versatile ingredient that can be employed in numerous food applications. Some common applications of dairy blends include bakery products, ice creams, confectionery, sauces, and processed cheeses. They enhance the texture, flavor, and mouthfeel of several food products while improving their nutritional profile. These blends can be customized to meet specific requirements, such as adjusting fat content, viscosity, or stability. Additionally, dairy blends are versatile, offer an extended shelf life, cost-effective compared to individual dairy ingredients, and can enhance the sensory properties of food making them valuable ingredients in the food industry.

Dairy Blends Market

The dairy blends market is primarily driven by the rising consumer demand for healthier and more nutritious food options. In addition, the shifting preference for dairy blends among consumers as they offer a balance between functionality and nutritional value is influencing the market growth. Also, it offers an alternative to traditional dairy products for individuals with lactose intolerance or milk allergies, propelling the market growth. Moreover, the growing popularity of convenience foods and ready-to-eat (RTE) meals has fueled the demand for dairy blends as they can enhance the taste, texture, and shelf life of various processed food products representing another major growth-inducing factor. Along with this, the versatility of dairy blends in applications such as bakery, confectionery, beverages, and snacks has further contributed to their market growth. Besides this, the cost-effectiveness of dairy blends compared to pure dairy products has made them an attractive option for manufacturers, leading to their widespread adoption across the food industry.

Dairy Blends Market Trends/Drivers:

The growing health awareness

The rising health awareness among consumers led to a shift in preferences toward healthier food choices, including dairy products influencing the market growth. In addition, dairy blends to cater to this demand by offering reduced fat content while maintaining the desired taste and texture augmenting the market growth. Consumers are increasingly seeking low-fat and low-calorie options without compromising on flavor. Besides this, dairy blends provide a solution by incorporating vegetable oils or other fat substitutes that mimic the mouthfeel and functionality of dairy fats contributing to the market growth. Also, this enables consumers to enjoy dairy-based products while aligning with their health goals propelling the market growth.

The rising demand for dairy blends

Dairy blends are highly versatile and find applications across several food products. They are utilized in bakery and confectionery items, ice creams, desserts, spreads, and infant formulas. Along with this, the functional properties of dairy blends, such as improved texture, stability, and enhanced flavor, make them valuable ingredients for food manufacturers propelling market growth. Besides this, the ability of dairy blends to extend the shelf life of products contributes to their popularity in the industry. Furthermore, the growing demand for convenience foods and the continuous innovation in the food industry are driving the expansion of applications for dairy blends, making them an integral part of various food products in the market.

The growing preference for clean-label products

Clean-label products are gaining significant traction as consumers seek transparency and naturalness in their food choices. In addition, dairy blends can be formulated with natural ingredients, making them suitable for clean-label products thus augmenting the market growth. Besides this, manufacturers can meet the demand for clean-label products by using dairy blends that provide the desired functionality without compromising on product quality accelerating the market demand. Furthermore, the widespread adoption of dairy blends as consumers increasingly prioritize food products that are produced with simple and natural ingredients is augmenting the market growth. Also, consumers are willing to pay a premium for products that they perceive as clean labels, further driving the demand for dairy blends formulated with natural ingredients.

Dairy Blends Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global dairy blends market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, form, and application.

Breakup by Type:

Dairy Blends Market

  • Dairy mixtures
  • Dairy/Nondairy Ingredients
  • Dairy as a functional Ingredient
  • Dairy as carrier
  • Others
     

Dairy/nondairy ingredients dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes dairy mixtures, dairy/nondairy ingredients, dairy as a functional ingredient, dairy as carrier, and others. According to the report, dairy/nondairy ingredients represents the leading segment.

Dairy mixtures refer to blends that combine different dairy ingredients to create specific product formulations including various combinations of milk solids, butterfat, whey, or other dairy components to achieve desired properties and functionalities influencing the market growth. In addition, dairy/nondairy ingredients involve blends that incorporate both dairy and non-dairy components that cater to consumers with specific dietary preferences or restrictions, offering them the benefits of dairy along with alternative ingredients propelling the market growth.

Moreover, dairy as a functional ingredient refers to the use of dairy components in blends to enhance the functional properties of food products including improving texture, emulsification, stabilization, or flavor enhancement representing another major growth-inducing factor. Besides this, dairy as a carrier involves utilizing dairy blends as a base or carrier for other ingredients, such as flavors, vitamins, or minerals that provide a medium for incorporating additional nutrients or enhancing the delivery of active ingredients accelerating the market growth.

Breakup by Form:

  • Spreadable
  • Powder
  • Liquid
     

Spreadable holds the largest market share

A detailed breakup and analysis of the market based on the form has also been provided in the report. This includes spreadable, powder, and liquid. According to the report, spreadable accounts for the largest market share. 

Spreadable dairy blends refer to products that are soft and easily spreadable, commonly used as a substitute for butter or margarine, and offer convenience and versatility in applications such as bakery, confectionery, and savory spreads influencing the market growth. The spreadable form provides a smooth texture and enhances the flavor profile of various food products.

Powder dairy blends are formulated by drying liquid dairy ingredients to obtain a powdered form. This form offers extended shelf life, ease of transportation, and convenient storage. They are widely used in the production of beverages, bakery products, infant formula, and nutritional supplements, and allow for precise measurement and controlled dispersion of dairy components propelling the market growth. Besides this, liquid dairy blends are composed of liquid dairy ingredients, providing a ready-to-use solution for various applications. These blends are commonly used in the dairy industry for the manufacturing of ice cream, yogurt, cheese, and other dairy-based products, facilitating easy mixing and homogenization, and ensuring consistent quality in the final products propelling the market growth.

Breakup by Application:

  • Ice cream
  • Infant Formula
  • Bakery Products
  • Others
     

Dairy blends are widely used in Bakery Products

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes ice cream, infant formula, bakery products, and others. According to the report, bakery products represents the leading application segment.

The escalating demand for dairy blends in ice cream as an essential ingredient provides enhanced texture, flavor, and creaminess to ice cream products. Also, the rising demand for indulgent and innovative ice cream flavors and formulations drives the utilization of dairy blends in this application. Moreover, infant formula represents another significant application area for dairy blends, as the formulation of infant formula requires precise nutritional composition, including the incorporation of dairy-based ingredients. Dairy blends offer a convenient solution for achieving the desired nutritional profile in infant formulas, providing essential nutrients, and promoting healthy growth and development in infants.

Furthermore, the widespread adoption of dairy blends in bakery products including cakes, pastries, cookies, and bread, to enhance their taste, texture, and shelf life is contributing to the desirable moistness of bakery items while improving their quality. Additionally, dairy blends find application in other food and beverage products, such as sauces, spreads, confectionery, and nutritional beverages.

Breakup by Region:

Dairy Blends Market

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Asia Pacific holds the largest market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific holds the largest market share.

North America holds a substantial share in the dairy blends market, driven by the region's well-established dairy industry, technological advancements in dairy processing, and a high demand for functional food products, particularly the United States is a key contributor to the North American market. Moreover, the escalating demand for dairy blends in Europe due to the strong dairy traditions and various dairy-based products consumed in the region driven by increasing consumer preference for convenience foods and nutritional products are propelling the market growth.

In the Asia Pacific, rising disposable incomes, urbanization, and changing dietary patterns are fueling the demand for dairy blends. Countries such as China, India, Japan, and Australia are witnessing significant growth in the dairy blends market, as consumers increasingly opt for dairy-based ingredients in their food and beverages (F&B). Besides this, Latin America is emerging as a promising market for dairy blends, driven by the growing population, rising awareness of health and nutrition, and increasing demand for dairy-based products. Furthermore, the Middle East and Africa region is also witnessing steady growth in the dairy blends market, due to the rising population, improving economic conditions, and the increasing demand for dairy products, particularly in the gulf cooperation council (GCC) countries, which are driving the market expansion.

Competitive Landscape:

Key players in the dairy blends market are implementing various strategies to strengthen their position and gain a competitive edge. They are expanding their product portfolios by introducing a diverse range of dairy blend offerings including blends with different fat content, specialty blends for specific applications such as bakery or confectionery, and customized blends to meet the specific requirements of their customers contributing to the market growth. Moreover, key players are actively focusing on expanding their market presence by entering new geographical regions and targeting untapped markets. This involves establishing distribution networks, collaborating with local partners, and conducting market research to understand consumer preferences and tailor their products accordingly. Furthermore, companies are investing in research and development (R&D) activities to introduce innovative dairy blend products that cater to changing consumer preferences focusing on creating blends with improved nutritional profiles, functional benefits, and unique flavor profiles to attract a wider customer base influencing the market growth.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Aak AB
  • Agropur Cooperative
  • All American Foods Inc.
  • Batory Foods
  • Cape Food Ingredients
  • Cargill Incorporated
  • Dana Foods Inc.
  • Fonterra Co-operative Group Limited
  • Galloway Company
  • Kerry Group plc
  • Kraft Food Ingredients Corp. (The Kraft Heinz Company)
  • Royal FrieslandCampina N.V

Dairy Blends Market Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Type
  • Form
  • Application
  • Region
Types Covered Dairy Mixtures, Dairy/Nondairy Ingredients, Dairy as a Functional Ingredient, Dairy as Carrier, Others
Forms Covered Spreadable, Powder, Liquid
Applications Covered Ice Cream, Infant Formula, Bakery Products, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aak AB, Agropur Cooperative, All American Foods Inc., Batory Foods, Cape Food Ingredients, Cargill Incorporated, Dana Foods Inc., Fonterra Co-operative Group Limited, Galloway Company, Kerry Group plc, Kraft Food Ingredients Corp. (The Kraft Heinz Company), Royal FrieslandCampina N.V. etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global dairy blends market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global dairy blends market?
  • What is the impact of each driver, restraint, and opportunity on the global dairy blends market?
  • What are the key regional markets?
  • Which countries represent the most attractive dairy blends market?
  • What is the breakup of the market based on the type?
  • Which is the most attractive type in the dairy blends market?
  • What is the breakup of the market based on the form?
  • Which is the most attractive form in the dairy blends market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the dairy blends market?
  • What is the competitive structure of the global dairy blends market?
  • Who are the key players/companies in the global dairy blends market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the global dairy blends market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global dairy blends market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the dairy blends industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market. 

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Dairy Blends Market Report by Type (Dairy mixtures, Dairy/Nondairy Ingredients, Dairy as a functional Ingredient, Dairy as carrier, and Others), Form (Spreadable, Powder, Liquid), Application (Ice cream, Infant Formula, Bakery Products, and Others), and Region 2024-2032
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