The global market for dairy ingredients is valued at USD 63.6 billion in 2021 and is expected to reach USD 89.9 billion by 2026, registering a compound annual growth rate of 7.2%

The different properties of dairy ingredients are useful for different applications in the food and beverage industry, which increases its demand among manufacturers. It is also known to possess various nutritional properties, which makes it popular among consumers.

NEW YORK, NOV 25, 2021 (GLOBE NEWSWIRE) – announces the release of the report “Dairy Ingredients Market by Type, Application, Livestock, Shape, and Region – Global Outlook to 2026” –

The milk powder segment is expected to be the largest segment in the dairy ingredients market during the forecast period.
The increase in shift towards a healthy lifestyle has led to a change in food consumption habits among consumers and as a result, the demand for snack and beverage options, which are indulgent as well as nutritional, is increasing.

Powdered milk is used to provide texture, color, and flavor to food products. Milk powder provides a rich taste and texture of food products.

It is used to provide a mouth-filling texture to food without being high in fat.

The bakery and confectionery sector is dominant in terms of dairy ingredient applications.

Consumers are now indulging in healthy snacking habits, which has led to an increased demand for functional and enhancing ingredients. Milk powder and whey concentrates find various applications in the bakery sector.

It is used to provide products with texture and color, and is also used as a browning agent for baking.

They are used to increase the richness of bread and other related products. As a result of its low fat content, it is popular among manufacturers.

It is estimated that the Asia Pacific region holds the largest market share.
Currently, the Asia Pacific region is the dominant market for dairy ingredients; It is destined to be the fastest growing market in the coming years as well, rising population and increasing purchasing power have allowed consumers to demand functional and fortified food products.

The lower death rate and improved living standards have enabled them to invest more in health and health-related services than before. This has increased the market for all kinds of ready-to-eat food options.

The disintegration of the primaries
• By designation: D-Level – 38%, C-Level – 35% and Other – 27%
• By value chain: demand side – 61%, supply side – 39%
• By region: Europe – 22%, North America – 25%, Asia-Pacific – 29%, South America – 11%, RoW- 13%

The most prominent players in this report
• FrieslandCampina (Netherlands)
• Lactalis Group (France)
• Arla Foods (Denmark)
• Saputo (Canada)
• Fonterra Cooperative Group (New Zealand)
• American Dairy Farmers (USA)
• Kerry Group (Ireland)
• Ornoa (Ireland)
• AMCO Protein (USA)
• Prolactal (Austria)
• Valio (Finland)
• Glanbia (Ireland)
• Hoogwegt Group (Netherlands)
• Battery Foods (USA)
• Ingredia SA (France)

Research coverage
This report segments the Dairy Ingredients market into type, application, livestock, shape, and region. In terms of insights, this research report focuses on different levels of analyzes – competitive landscape, end-use analysis, and company profiles – which together form and discuss the primary views on emerging high-growth segments of the Dairy Ingredients market, high-growth regions and countries, government initiatives, and market disruption. Drivers, constraints, opportunities and challenges.

Reasons to buy this report
• For a comprehensive overview of dairy ingredients
• To obtain extensive information about the major players in the industry, their product portfolios, and the key strategies adopted by them
• To get insights on the key countries/regions, in which the Dairy Ingredients market is booming
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