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The global dairy ingredients market size reached US$ 69.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 99.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
Dairy ingredients are processed as powdered or liquid nutritional and dietary supplements and added to the formulation of dairy products, such as ghee, butter, cheese, ice cream, yogurt, and condensed and dried milk, to enhance their flavor and nutritional content. They generally include colors, sweeteners, stabilizers, cultures, preservatives, and natural or synthetic flavorings. Nowadays, manufacturers are introducing fortified dairy products that contain additional ingredients like probiotics, prebiotics, minerals, proteins, calcium, vitamins, phytoconstituents, omega-3 fatty acids, and other essential nutrients.
The increasing consumption of dairy products directly or as a base ingredient in the preparation of various dishes represents one of the key factors bolstering the market growth. This can also be attributed to the growing awareness of the health benefits of consuming dairy, such as supporting body growth and controlling blood pressure (BP). Moreover, the escalating demand for organic dairy products on account of the growing prevalence of chronic diseases and the rising consciousness among consumers about the negative impact of consuming synthetic ingredients is driving the market. Apart from this, dairy ingredients are used in sports nutrition to provide carbohydrates for energy, protein for building muscles, and vitamins and minerals for strengthening bones and replacing electrolytes during heavy exercise. This, in confluence with the increasing participation of individuals in sports and physical activities, is contributing to the market growth. Besides this, market players are focusing on developing a wide range of novel flavors, natural colors, and non-genetically modified organisms (GMO) ingredients. They are also offering premium and high-end dairy ingredients, such as skim milk powder, buttermilk powder, whey powder, and complex formulations, which is anticipated to influence the market positively.
IMARC Group provides an analysis of the key trends in each sub-segment of the global dairy ingredients market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, source, form and application.
Breakup by Product:
Breakup by Source:
Breakup by Form:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agropur Dairy Cooperative (Farmers Co-operative Dairy Limited), Arla Foods Ingredients Group P/S, Aurivo Co-operative Society Limited, Dairy Farmers of America Inc., Euroserum (Groupe Sodiaal), Fonterra Co-operative Group Limited, Glanbia PLC, Hoogwegt Group B.V., Lactalis Group, Megmilk Snow Brand Co. Ltd., Royal FrieslandCampina N.V., Saputo Inc., Schreiber Foods Inc. and Volac International Limited.
|Base Year of the Analysis||2022|
|Segment Coverage||Product, Source, Form, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Agropur Dairy Cooperative (Farmers Co-operative Dairy Limited), Arla Foods Ingredients Group P/S, Aurivo Co-operative Society Limited, Dairy Farmers of America Inc., Euroserum (Groupe Sodiaal), Fonterra Co-operative Group Limited, Glanbia PLC, Hoogwegt Group B.V., Lactalis Group, Megmilk Snow Brand Co. Ltd., Royal FrieslandCampina N.V., Saputo Inc., Schreiber Foods Inc. and Volac International Limited|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|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)|
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