Dairy Ingredients Market Size to Grow USD 63240 Million by 2030 at a CAGR of 4.5% | Valuates Reports

News provided by

Sep 12, 2024, 10:29 ET

BANGALORE, India, Sept. 12, 2024 /PRNewswire/ -- Dairy Ingredients Market is Segmented by Type (Milk Ingredients, Whey Ingredients), by Application (Bakery & Confectionery, Dairy Products, Infant Milk, Sports Nutrition, Convenience Foods): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Dairy Ingredients Market is projected to grow from USD 48560 Million in 2024 to USD 63240 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-36B515/Global_Dairy_Ingredients_Market

Major Factors Driving the Growth of Dairy Ingredients Market:

The dairy ingredients market is experiencing robust growth, driven by increasing demand across various sectors such as bakery, confectionery, and processed foods. Dairy ingredients like milk powders, whey proteins, and casein are widely used to enhance the taste, texture, and nutritional value of food products. Additionally, the growing preference for high-protein and functional foods has further spurred demand for these ingredients. The rise of convenience foods, particularly in urban areas, and the expanding foodservice industry are also key contributors to market growth. Furthermore, emerging markets, especially in the Asia-Pacific region, are seeing rapid expansion due to changing dietary patterns and increasing disposable incomes, making them significant growth areas for the dairy ingredients market.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-36B515/global-dairy-ingredients

TRENDS INFLUENCING THE GROWTH OF THE DAIRY INGREDIENTS MARKET:

Milk and cheese are essential products fueling the expansion of the dairy ingredients market due to their extensive use across various food industries. Milk acts as a foundational ingredient for creating numerous dairy products like milk powders, whey, and casein, which are incorporated into a range of food applications. Cheese, prized for its distinctive flavor and texture, is particularly sought after in the foodservice and packaged food sectors. As global demand for processed and convenience foods rises, the need for milk and cheese as vital dairy-based ingredients continues to grow, contributing significantly to market development.

The bakery and confectionery sectors play a pivotal role in driving demand for dairy ingredients, such as milk powders, butter, and whey proteins, which enhance flavor, texture, and nutritional value. Dairy components are crucial in improving the taste and extending the shelf life of baked goods and confectioneries. With an increasing consumer preference for premium baked items, especially those with healthier ingredients or protein enrichment, the demand for quality dairy ingredients is surging. This growth is particularly evident in regions like North America and Europe, where the bakery and confectionery markets are thriving.

The frozen food industry is another key driver of the dairy ingredients market, as products like cheese, creams, and yogurt are integral to many frozen meals, pizzas, and desserts. These dairy-based ingredients improve the flavor, texture, and nutritional content of frozen offerings, making them more attractive to consumers. As the trend towards convenient, ready-to-eat frozen food continues to grow, especially in urban centers, the demand for dairy ingredients also increases. Moreover, the rise of online food retailing is further boosting the frozen food industry, which in turn is propelling the dairy ingredients market.

The infant nutrition market is a crucial segment driving the demand for dairy ingredients, with infant formula heavily relying on milk powders and lactose. These ingredients provide vital nutrients like proteins and fats that are essential for infant growth and development. Rising birth rates in emerging markets, along with increasing awareness of the importance of infant nutrition, are spurring demand for infant formula products. As a result, the dairy ingredients market is seeing substantial growth, particularly in regions like Asia-Pacific and Latin America.

Buy Now: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-36B515&lic=single-user

DAIRY INGREDIENTS MARKET SHARE:

Key players in the global dairy ingredients market include Fonterra, Lactalis Ingredients, FrieslandCampina, Dairy Farmers of America, and Ornua.

Europe holds the largest market share, accounting for approximately 40%, followed by North America with around 20%.

These regions lead the market due to well-established dairy industries, strong demand for processed foods, and a focus on health-conscious consumers. Meanwhile, the Asia-Pacific region is experiencing the fastest growth, driven by rapid urbanization, evolving dietary habits, and rising disposable incomes.

Key Companies:

Fonterra
FrieslandCampina
Dairy Farmers of America
Ornua
Saputo
Sodiaal
Arla
Open Country Dairy
Murray Goulburn
Glanbia
Dairygold
Synlait Milk
Uelzena
Westland Milk Products
Valio
Tatua
Prolactal
Lactalis
Lactalis Ingredients

Purchase Chapters: https://reports.valuates.com/market-reports/QYRE-Auto-36B515/global-dairy-ingredients/1

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

- Grass Fed Dairy Market

- Infant Dairy Ingredients market was valued at USD 5556 Million in 2023 and is anticipated to reach USD 6500 Million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.

- Enzyme Modified Dairy and Cheese Ingredients Market was estimated to be worth USD 780.5 Million in 2023 and is forecast to a readjusted size of USD 1179.2 Million by 2030 with a CAGR of 6.0% during the forecast period 2024-2030.

- Fermented Dairy Products market was valued at USD 5100 Million in 2023 and is anticipated to reach USD 7560.8 Million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.

- Emulsifier and Stabilizer for Dairy Product Market

- Dairy Feed Additives Market

- Fat-filled Dairy Powder Market

- Dairy Improver Market

- Fat Rich Dairy Products market was valued at USD 2683.4 Million in 2023 and is anticipated to reach USD 3579 Million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.

- Grass Based Dairy Products Market

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

YOUR FEEDBACK MATTERS: REACH OUT TO US!

Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
YouTube: https://www.youtube.com/@valuatesreports6753
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
https://valuatesreportspanish.blogspot.com/
https://valuateskorean.blogspot.com/
https://valuatesgerman.blogspot.com/
https://valuatesreportjapanese.blogspot.com/