Global Dairy Ingredient Market Overview
According to SPER Market Research, the Global Dairy Ingredient Market is estimated to reach USD 129.73 billion by 2032 with a CAGR of 6.44%.
The area of the food industry that produces and sells various dairy-based products is referred to as the Global Dairy Ingredient market. Products like lactose, casein, milk protein concentrates, whey powder, and milk powder are examples of these components. Dairy products, bakery and confectionary goods, new-born formula, and sports nutrition are just a few of the many products that use Global Dairy Ingredients, which are a significant component of the global food business. The demand for dairy-based products is rising, awareness of the health advantages of dairy proteins is rising, and there is a growing trend towards plant-based substitutes, all of which are driving the market for Global Dairy Ingredients. The manufacturing and processing of dairy components have also benefited from technological improvements that have enhanced productivity and decreased prices. The market for Global Dairy Ingredients is very competitive, with numerous businesses vying for market share. These businesses continually spend money on R&D in order to develop cutting-edge new products and enhance their manufacturing procedures. In conclusion, the global food industry's Global Dairy Ingredient market plays a significant role in generating a variety of dairy-based components utilised in a variety of applications. Technology advances, rising demand, increased health benefits knowledge, and other factors all influence the industry. The market is fiercely competitive, and many top businesses spend money on R&D to stay on the cutting edge.
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Impact of COVID-19 on the Global Dairy Ingredient Market
The market for Global Dairy Ingredients has been significantly impacted by the COVID-19 epidemic. Governmental bans and limitations across the globe have hampered supply chains, creating logistical problems and holding up the shipping of dairy components. Demand for dairy-based goods has decreased as a result of the pandemic-related closure of hotels, restaurants, and other service businesses. The demand for the dairy components utilised in these goods, like cheese and butter, has consequently decreased. The demand for dairy foods consumed at home, such as milk, yoghurt, and other dairy-based snacks, has increased, nevertheless. As a result, the demand for dairy components utilised in these products—such as milk powder and whey protein—has increased. The trend away from dairy products has also affected the market for Global Dairy Ingredients, as has the move towards plant-based substitutes. Some businesses have reacted to this, though, by making investments in the creation of dairy products made from plants, like plant-based milk proteins. Overall, the COVID-19 pandemic has had both positive and bad effects on the market for Global Dairy Ingredients. As the sector adjusts to the shifting market environment, it will continue to face possibilities and difficulties.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Types, By Applications, By Form, By Livestock.
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| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | AMCO Proteins, Arla Foods, Batory Foods, Dairy Farmers of America, Fonterra Co-operative Group, FrieslandCampina, Glanbia, Groupe Lactalis, Hoogwegt Group, Ingredia SA, Kerry Group, Ornua, Prolactal, Saputo, Valio.
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Target Audience:
- Food and Beverage Manufacturers
- Food Service Providers
- Farmers and Dairy Producers
Global Dairy Ingredient Market Segmentation:
1. By Types:
- Proteins
- Milk Powder
- Others
2. By Applications:
3. By Form:
- Bakery & confectionery
- Dairy products
- Sports nutrition products
- Infant formulas
- Others
4. By Livestock:
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Dairy Ingredient Market (FY’2019-FY’2032)
- Overview of Global Dairy Ingredient Market
- Segmentation of Global Dairy Ingredient Market By Types (Proteins, Milk Powder, Others)
- Segmentation of Global Dairy Ingredient Market By Applications (Dry, Liquid)
- Segmentation of Global Dairy Ingredient Market By Form (Bakery & confectionery, Dairy products, Sports nutrition products, Infant formulas, Others)
- Segmentation of Global Dairy Ingredient Market By Livestock (Cows, Others)
- Statistical Snap of Global Dairy Ingredient Market
- Growth Analysis of Global Dairy Ingredient Market
- Problems and Challenges in Global Dairy Ingredient Market
- Competitive Landscape in the Global Dairy Ingredient Market
- Impact of COVID-19 and Demonetization on Global Dairy Ingredient Market
- Details on Recent Investment in Global Dairy Ingredient Market
- Competitive Analysis of Global Dairy Ingredient Market
- Major Players in the Global Dairy Ingredient Market
- SWOT Analysis of Global Dairy Ingredient Market
- Global Dairy Ingredient Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1.2. Market segment analysis
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.2. COVID-19 Impacts of the Global Dairy Ingredient Market
5. Market variables and outlook
5.2.1 Political landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
6.1 Global Dairy Ingredient Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Dairy Ingredient Market
7. Global Dairy Ingredient Market, By Types, 2019-2032 (USD Million)
7.1.1 Casein & caseinates
7.1.2 Milk protein concentrates
7.1.3 Milk protein hydrolysates
7.1.4 Milk protein isolates
7.1.5 Whey protein concentrates
7.1.6 Whey protein isolates
7.2.1 Lactose & its derivatives
7.2.2 Milk fat concentrates
7.2.3 Skimmed milk powder
7.3.2 Dairy protein fractions
7.3.3 Milk and whey peptides
8. Global Dairy Ingredient Market, By Applications, 2019-2032 (USD Million)
9. Global Dairy Ingredient Market, By Form, 2019-2032 (USD Million)
9.1 Bakery & confectionery
9.3 Sports nutrition products
9.5.5 Other processed food
10. Global Dairy Ingredient Market, By Livestock, 2019-2032 (USD Million)
11. Global Dairy Ingredient Market, By Region, 2019-2032 (USD Million)
11.1 Global Dairy Ingredient Market Size and Market Share by Region (2019-2025)
11.2 Global Dairy Ingredient Market Size and Market Share by Region (2026-2032)
11.3.6 Rest of Asia-Pacific
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.7.3 Rest of Latin America
12.1.1 Company details
12.1.2 Financial outlook
12.1.4 Recent developments
12.2.4 Recent developments
12.3.4 Recent developments
12.4. Dairy Farmers of America
12.4.4 Recent developments
12.5. Fonterra Co-operative Group
12.5.4 Recent developments
12.6.4 Recent developments
12.7.4 Recent developments
12.8.4 Recent developments
12.9.4 Recent developments
12.10.2 Financial outlook
12.10.4 Recent developments
12.11.2 Financial outlook
12.11.4 Recent developments
12.12.2 Financial outlook
12.12.4 Recent developments
12.13.2 Financial outlook
12.13.4 Recent developments
12.14.2 Financial outlook
12.14.4 Recent developments
12.15.2 Financial outlook
12.15.4 Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
