Dairy Ingredients Market Growth Analysis and Forecast to 2028

Dairy Ingredients Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Protein, Milk Powder, Milk Fat Concentrates, Lactose & Lactose Derivatives, and Others) and Application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, and Personal Care)

  • Report Code : TIPRE00009432
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 150
Buy Now

Dairy Ingredients Market Growth Analysis and Forecast to 2028

Buy Now

The dairy ingredients market was valued at US$ 85,684.15 million in 2021 and is projected to reach US$ 105,295.16 million by 2028. It is expected to grow at a CAGR of 3.0% from 2021 to 2028.

Dairy ingredients are a rich source of proteins, amino acids, carbohydrates, minerals and vitamins, and probiotics. Dairy ingredients are used in various food and beverages, including bakery products, confectionery, ice creams, dairy products, desserts, spice blends, and dry baking mixes. Dairy proteins are used in protein supplements and functional foods. Moreover, dairy ingredients are also used in personal care products as they provide hydration to the skin and hair. Furthermore, dairy proteins are used in animal feed to feed fortification to fulfil livestock animals' nutritional requirements.

Asia-Pacific held the largest share of the global market for dairy ingredients in 2020, while the Middle East and Africa market is expected to grow at the fastest CAGR over the forecast period. India is one o0f the largest dairy producers in the region. According to the Food and Agriculture Organization (FAO), India accounts for 22 % of the global milk production. The presence of a well-established dairy industry in the region is one of the primary factors driving the growth of the regional market. Moreover, the rising demand for functional foods and beverages and protein supplements due to the growing focus on health and well-being are also significant factors driving the growth of the Asia-Pacific dairy ingredients market.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Get 10% FREE CUSTOMIZATION

Dairy Ingredients Market: Strategic Insights

dairy-ingredients-market
Market Size Value inUS$ 85,684.15 Million in 2021
Market Size Value byUS$ 105,295.16 Million by 2028
Growth rateCAGR of 3.0% from 2021 to 2028
Forecast Period2021-2028
Base Year2021
Analyst Image

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst


Impact of COVID-19 Pandemic on Dairy Ingredients Market

The COVID-19 pandemic has affected many industries, including the food and beverage industry. The pandemic created operational difficulties because of lockdowns, business shutdowns, and supply chain disruptions. The dairy industry was also affected due to labor and raw material shortages. However, due to increased awareness regarding health and fitness, the demand for functional food and beverages increased, which offered positive growth opportunities to the dairy ingredients market. Moreover, the need for dietary supplements also increased due to the rising preference for immunity-boosting products. This factor also positively boosted the market growth. Additionally, rising vaccination rates, the revival of manufacturing activities, and the relaxation in government regulations are projected to positively influence the global dairy ingredients market over the forecast period.

Market Insights

Growth in Dairy Industry Driving Dairy Ingredients Market

The global dairy industry is witnessing notable growth. According to the United Nations Food and Agriculture Organization (FAO), global milk production accounted for 928 million tons in 2021. The rising population and changing diets of people are potentially driving the growth of the dairy industry. Moreover, rapid urbanization, increasing disposable income, and rising preference for protein-rich, nutritious foods are also boosting the development of the dairy industry. Furthermore, the dairy industry is undergoing a technological transformation. Manufacturers use emerging technologies, such as blockchain, robotics, and GPS-enabled devices, to optimize dairy production. These factors are driving the growth of the dairy industry, which is likely to propel the growth of the dairy ingredients market over the forecast period.

Product Type Insights

Based on product type, the global market for dairy ingredients is segmented into proteins, milk powder, milk fat concentrates, lactose & lactose derivatives, and others. The protein segment is expected to register significant growth during the forecast period 2021-2028. Casein and whey proteins are the major proteins found in milk. Casein is widely used in infant nutrition products and baby foods. Whey proteins are used to manufacture protein supplements. Whey proteins are also used in functional food and beverages for fortification purposes. The rising demand for protein-rich foods is driving the need for milk proteins. Moreover, the growing demand for milk proteins to manufacture infant food due to increased awareness about specific infant nutrition is also driving the segment's growth.

Application Insights

Based on application, the dairy ingredients market is segmented into food & beverage, pharmaceuticals & nutraceuticals, animal feed, and personal care. The food & beverage segment accounted for the largest market share in 2020. Dairy ingredients are being extensively used in various food and beverages, including bread, cakes, pastries, muffins, ice-creams, chocolates, cheese, and cream. The rapidly growing food and beverage industry owing to rising disposable incomes, rapid urbanization, rising inclination towards health and fitness, and increasing demand for convenience foods, are the key factors driving the growth of the dairy ingredients market. Moreover, increasing demand for dairy proteins from the nutraceuticals industry is also expected to drive the segment's growth over the coming years.

 

A few players operating in the dairy ingredients market include Agropur, Arla Foods Ingredients Group P/S, Lactalis Ingredients, Frieslandcampina, Saputo Inc., Fonterra Co-Operative Group Limited, Kerry, Amco Proteins, Prolactal, and Glanbia Ireland, among other players.

Dairy Ingredients Market Report Scope

 

Report Spotlights

  • Progressive industry trends in the dairy ingredients market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the dairy ingredients market from 2019 to 2028
  • Estimation of global demand for dairy ingredients
  • Porter's five forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the dairy ingredients market
  • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the dairy ingredients market size at various nodes
  • Detailed overview and segmentation of the market, as well as the dairy ingredients industry dynamics
  • Size of the dairy ingredients market in various regions with promising growth opportunities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product Type, and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions

What are the key drivers for the growth of the global dairy ingredients market?

With the rapid growth of the dairy industry, the demand for dairy ingredients such as milk powder, lactose and its derivatives, milk protein, etc., is also growing. surging dairy production, the dairy ingredients market is also projected to register a notable growth over the forecast period.

What is the largest region of the global dairy ingredients market?

Asia-Pacific accounted for the largest share of the global dairy ingredients market. The surge in demand for dairy ingredients in the food & beverage and nutraceutical industry to drive the dairy ingredients market in the region.

What is the scope of the pharmaceutical and nutraceutical segment in the global dairy ingredients market?

The dairy ingredients are a major constituent of nutritious food and supplements. It gets widely used in probiotic foods, protein supplements. Whey protein is often sold as a protein supplement, and it has been associated to a variety of health benefits. Due to these properties, manufacturers of pharmaceutical and nutraceutical products frequently employ dairy ingredients in their products.

What are the opportunities for dairy ingredients in the global market?

Dairy ingredients have a wide range of applications across several end-use industries including food and beverage, pharmaceuticals and nutraceuticals, personal care, and animal feed is expected to create lucrative opportunities for dairy ingredients market in the coming years.

Based on application, why is the food and beverage segment have largest revenue share?

Based on application, the food and beverage segment accounted for the largest revenue share as the dairy ingredients essentially thrive on the wider functional benefits that these ingredients confer, in terms of high quality, safety, and nutrition of the processed food products. Processed food products include various categories, such as baked products, confectionary, and beverages.

Can you list some of the major players operating in the global dairy ingredients market?

The major players operating in the global dairy ingredients market are FrieslandCampina Ingredient., Fonterra Co-operative Group Limited, Arla Foods Ingredients Group P/S, Lactalis Ingredients, AGROPUR, Saputo Inc., Kerry Group, AMCO Proteins, PROLACTAL, Glanbia Ireland.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection

3.2.2 Primary Interviews

3.2.3 Hypothesis Formulation

3.2.4 Macro-economic Factor Analysis

3.2.5 Developing Base Number

3.2.6 Data Triangulation

3.2.7 Country Level Data

4. Global Dairy Ingredients Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to Substitute

4.2.4 Threat to New Entrants

4.2.5 Competitive Rivalry

4.3 Expert Opinion

4.4. Value Chain Analysis

5. Dairy Ingredients Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Wide Application Scope

5.1.2 Growth of Dairy Industry

5.2 Market Restraint

5.2.1 Surging Demand for Dairy-Free Alternatives

5.3 Market Opportunities

5.3.1 Rising Popularity of Certified-Organic Dairy Ingredients

5.4 Future Trends

5.4.1 Growing Clean Label Trends in Dairy

5.5 Impact Analysis of Drivers and Restraints

6. Dairy Ingredients – Global Market Analysis

6.1 Dairy Ingredients Market Overview

6.2 Dairy Ingredients Market –Revenue And Forecast To 2028 (US$ Million)

6.3 Competitive Positioning – Key Market Players

7. Dairy Ingredients Market Analysis – By Product Type

7.1 Overview

7.2 Dairy Ingredients Market, By Product Type (2020 and 2028)

7.3 Proteins

7.3.1 Overview

7.3.2 Proteins: Dairy Ingredients Market – Revenue and Forecast to 2028

7.4 Milk Powder

7.4.1 Overview

7.4.2 Milk Powder: Dairy Ingredients Market – Revenue and Forecast to 2028

7.5 Milk Fat Concentrate

7.5.1 Overview

7.5.2 Milk Fat Concentrate: Dairy Ingredients Market – Revenue and Forecast to 2028

7.6 Lactose & Lactose Derivatives

7.6.1 Overview

7.6.2 Lactose & Lactose Derivatives: Dairy Ingredients Market – Revenue and Forecast to 2028

7.7 Others

7.7.1 Overview

7.7.2 Others: Dairy Ingredients Market – Revenue and Forecast to 2028

8. Dairy Ingredients Market Analysis – By Application

8.1 Overview

8.2 Dairy Ingredients Market, By Application (2020 and 2028)

8.3 Food & Beverages

8.3.1 Overview

8.3.2 Food & Beverages: Dairy Ingredients Market – Revenue and Forecast to 2028

8.4 Animal Feed

8.4.1 Overview

8.4.2 Animal Feed: Dairy Ingredients Market – Revenue and Forecast to 202

8.5 Pharmaceuticals & Nutraceuticals

8.5.1 Overview

8.5.2 Pharmaceuticals & Nutraceuticals: Dairy Ingredients Market – Revenue and Forecast to 2028

8.6 Personal Care

8.6.1 Overview

8.6.2 Personal Care: Dairy Ingredients Market – Revenue and Forecast to 2028

9. Dairy Ingredients Market – Geographic Analysis

9.1 North America: Dairy Ingredients Market

9.1.1 North America: Dairy Ingredients Market –Revenue and Forecast to 2028

9.1.2 North America: Dairy Ingredients Market, by Product Type

9.1.3 North America: Dairy Ingredients Market, by Application

9.1.4 North America: Dairy Ingredients Market, by Key Country

9.1.4.1 US: Dairy Ingredients Market –Revenue and Forecast to 2028

9.1.4.1.1 US: Dairy Ingredients Market, by Product Type

9.1.4.1.2 US: Dairy Ingredients Market, by Application

9.1.4.2 Canada: Dairy Ingredients Market –Revenue and Forecast to 2028

9.1.4.2.1 Canada: Dairy Ingredients Market, by Product Type

9.1.4.2.2 Canada: Dairy Ingredients Market, by Application

9.1.4.3 Mexico: Dairy Ingredients Market –Revenue and Forecast to 2028

9.1.4.3.1 Mexico: Dairy Ingredients Market, by Product Type

9.1.4.3.2 Mexico: Dairy Ingredients Market, by Application

9.2 Europe: Dairy Ingredients Market

9.2.1 Europe: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.2 Europe: Dairy Ingredients Market, by Product Type

9.2.3 Europe: Dairy Ingredients Market, by Application

9.2.4 Europe: Dairy Ingredients Market, by Key Country

9.2.4.1 Germany: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.4.1.1 Germany: Dairy Ingredients Market, by Product Type

9.2.4.1.2 Germany: Dairy Ingredients Market, by Application

9.2.4.2 France: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.4.2.1 France: Dairy Ingredients Market, by Product Type

9.2.4.2.2 France: Dairy Ingredients Market, by Application

9.2.4.3 UK: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.4.3.1 UK: Dairy Ingredients Market, by Product Type

9.2.4.3.2 UK: Dairy Ingredients Market, by Application

9.2.4.4 Russia: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.4.4.1 Russia: Dairy Ingredients Market, by Product Type

9.2.4.4.2 Russia: Dairy Ingredients Market, by Application

9.2.4.5 Italy: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.4.5.1 Italy: Dairy Ingredients Market, by Product Type

9.2.4.5.2 Italy: Dairy Ingredients Market, by Application

9.2.4.6 Rest of Europe: Dairy Ingredients Market –Revenue and Forecast to 2028

9.2.4.6.1 Rest of Europe: Dairy Ingredients Market, by Product Type

9.2.4.6.2 Rest of Europe: Dairy Ingredients Market, by Application

9.3 Asia-Pacific: Dairy Ingredients Market

9.3.1 Asia-Pacific: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.2 Asia-Pacific: Dairy Ingredients Market, by Product Type

9.3.3 Asia-Pacific: Dairy Ingredients Market, by Application

9.3.4 Asia-Pacific: Dairy Ingredients Market, by Key Country

9.3.4.1 China: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.4.1.1 China: Dairy Ingredients Market, by Product Type

9.3.4.1.2 China: Dairy Ingredients Market, by Application

9.3.4.2 Australia: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.4.2.1 Australia: Dairy Ingredients Market, by Product Type

9.3.4.2.2 Australia: Dairy Ingredients Market, by Application

9.3.4.3 Japan: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.4.3.1 Japan: Dairy Ingredients Market, by Product Type

9.3.4.3.2 Japan: Dairy Ingredients Market, by Application

9.3.4.4 India: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.4.4.1 India: Dairy Ingredients Market, by Product Type

9.3.4.4.2 India: Dairy Ingredients Market, by Application

9.3.4.5 South Korea: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.4.5.1 South Korea: Dairy Ingredients Market, by Product Type

9.3.4.5.2 South Korea: Dairy Ingredients Market, by Application

9.3.4.6 Rest of Asia-Pacific: Dairy Ingredients Market –Revenue and Forecast to 2028

9.3.4.6.1 Rest of Asia-Pacific: Dairy Ingredients Market, by Product Type

9.3.4.6.2 Rest of Asia-Pacific: Dairy Ingredients Market, by Application

9.4 Middle East & Africa (MEA): Dairy Ingredients Market

9.4.1 Middle East & Africa: Dairy Ingredients Market –Revenue and Forecast to 2028

9.4.2 Middle East & Africa: Dairy Ingredients Market, by Product Type

9.4.3 Middle East & Africa: Dairy Ingredients Market, by Application

9.4.4 Middle East & Africa: Dairy Ingredients Market, by Key Country

9.4.4.1 South Africa: Dairy Ingredients Market –Revenue and Forecast to 2028

9.4.4.1.1 South Africa: Dairy Ingredients Market, by Product Type

9.4.4.1.2 South Africa: Dairy Ingredients Market, by Application

9.4.4.2 Saudi Arabia: Dairy Ingredients Market –Revenue and Forecast to 2028

9.4.4.2.1 Saudi Arabia: Dairy Ingredients Market, by Product Type

9.4.4.2.2 Saudi Arabia: Dairy Ingredients Market, by Application

9.4.4.3 UAE: Dairy Ingredients Market –Revenue and Forecast to 2028

9.4.4.3.1 UAE: Dairy Ingredients Market, by Product Type

9.4.4.3.2 UAE: Dairy Ingredients Market, by Application

9.4.4.4 Rest of MEA: Dairy Ingredients Market –Revenue and Forecast to 2028

9.4.4.4.1 Rest of MEA: Dairy Ingredients Market, by Product Type

9.4.4.4.2 Rest of MEA: Dairy Ingredients Market, by Application

9.5 South & Central America (SAM): Dairy Ingredients Market

9.5.1 South & Central America: Dairy Ingredients Market –Revenue and Forecast to 2028

9.5.2 South & Central America: Dairy Ingredients Market, by Product Type

9.5.3 South & Central America: Dairy Ingredients Market, by Application

9.5.4 South & Central America: Dairy Ingredients Market, by Key Country

9.5.4.1 Brazil: Dairy Ingredients Market –Revenue and Forecast to 2028

9.5.4.1.1 Brazil: Dairy Ingredients Market, by Product Type

9.5.4.1.2 Brazil: Dairy Ingredients Market, by Application

9.5.4.2 Argentina: Dairy Ingredients Market –Revenue and Forecast to 2028

9.5.4.2.1 Argentina: Dairy Ingredients Market, by Product Type

9.5.4.2.2 Argentina: Dairy Ingredients Market, by Application

9.5.4.3 Rest of South & Central America: Dairy Ingredients Market –Revenue and Forecast to 2028

9.5.4.3.1 Rest of South & Central America: Dairy Ingredients Market, by Product Type

9.5.4.3.2 Rest of South & Central America: Dairy Ingredients Market, by Application

10. Overview- Impact of Coronavirus Outbreak

10.1 Overview

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.6 South & Central America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Market Initiative

11.2 Merger and Acquisition

12. Key Company Profiles

12.1 Agropur

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Arla Foods Ingredients Group P/S

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Lactalis Ingredients

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.4 Frieslandcampina

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Saputo Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.6 Fonterra Co-operative Group Limited

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.7 Kerry

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.8 Amco Proteins

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.9 Prolactal

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.10 Glanbia Ireland

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Dairy Ingredients Market –Revenue And Forecast To 2028 (US$ Million)

Table 2. North America Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 3. North America Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 4. US Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 5. US Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 6. Canada Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 7. Canada Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 8. Mexico Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 9. Mexico Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 10. Europe Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 11. Europe Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 12. Germany Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 13. Germany Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 14. France Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 15. France Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 16. UK Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 17. UK Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 18. Russia Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 19. Russia Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 20. Italy Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 21. Italy Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 22. Rest of Europe Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 23. Rest of Europe Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 24. Asia-Pacific Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 25. Asia-Pacific Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 26. China Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 27. China Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 28. Australia Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 29. Australia Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 30. Japan Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 31. Japan Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 32. India Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 33. India Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 34. South Korea Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 35. South Korea Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 36. Rest of Asia-Pacific Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 37. Rest of Asia-Pacific Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 38. Middle East & Africa Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 39. Middle East & Africa Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 40. South Africa Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 41. South Africa Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 42. Saudi Arabia Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 43. Saudi Arabia Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 44. UAE Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 45. UAE Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 46. Rest of MEA Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 47. Rest of MEA Dairy Ingredients Market, by Application – Revenue and Forecast to 2028

Table 48. South & Central America Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 49. South & Central America Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 50. Brazil Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 51. Brazil Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 52. Argentina Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 53. Argentina Dairy Ingredients Market, by Product Type – Revenue and Forecast to 2028

Table 54. Rest of South & Central America Dairy Ingredients Market, by Product Type– Revenue and Forecast to 2028

Table 55. Rest of South & Central America Dairy Ingredients Market, by Application– Revenue and Forecast to 2028

Table 56. List of Abbreviation

LIST OF FIGURES

Figure 1. Global Dairy Ingredients Market Segmentation

Figure 2. Dairy Ingredients Market Segmentation – By Geography

Figure 3. Global Dairy Ingredients Market Overview

Figure 4. Protein Segment Held Largest Share Of Global Dairy Ingredients Market

Figure 5. Asia-Pacific Region Held Largest Share Of Global Dairy Ingredients Market

Figure 6. Global Dairy Ingredients Market, Industry Landscape

Figure 7. Porter’s Five Forces Analysis: Dairy Ingredients Market

Figure 8. Value Chain Analysis: Dairy Ingredients Market

Figure 9. Expert Opinion

Figure 10. Dairy Ingredients Market Impact Analysis of Driver and Restraints

Figure 11. Geographic Overview Of Dairy Ingredients Market

Figure 12. Global: Dairy Ingredients Market – Revenue And Forecast To 2028 (US$ Million)

Figure 13. Dairy Ingredients Market Revenue Share, By Product Type (2020 and 2028)

Figure 14. Proteins: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 15. Milk Powder: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 16. Milk Fat Concentrates: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 17. Lactose & Lactose Derivatives: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 18. Others: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 19. Dairy Ingredients Market Revenue Share, By Application (2020 and 2028)

Figure 20. Food & Beverage: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 21. Animal Feed: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 22. Pharmaceuticals & Nutraceuticals: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 23. Others: Dairy Ingredients Market – Revenue And Forecast To 2028

Figure 24. Global Dairy Ingredients Market Revenue Share, by Region (2020 and 2028)

Figure 25. North America: Dairy Ingredients Market – Revenue and Forecast to 2028

Figure 26. North America: Dairy Ingredients Market Revenue Share, by Product Type (2020 and 2028)

Figure 27. North America: Dairy Ingredients Market Revenue Share, by Application (2020 and 2028)

Figure 28. North America: Dairy Ingredients Market Revenue Share, by Key Country (2020 and 2028)

Figure 29. US: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 30. Canada: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 31. Mexico: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 32. Europe: Dairy Ingredients Market – Revenue and Forecast to 2028

Figure 33. Europe: Dairy Ingredients Market Revenue Share, by Product Type (2020 and 2028)

Figure 34. Europe: Dairy Ingredients Market Revenue Share, by Application (2020 and 2028)

Figure 35. Europe: Dairy Ingredients Market Revenue Share, by Key Country (2020 and 2028)

Figure 36. Germany: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 37. France: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 38. UK: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 39. Russia: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 40. Italy: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 41. Rest of Europe: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 42. Asia-Pacific: Dairy Ingredients Market – Revenue and Forecast to 2028

Figure 43. Asia-Pacific: Dairy Ingredients Market Revenue Share, by Product Type (2020 and 2028)

Figure 44. Asia-Pacific: Dairy Ingredients Market Revenue Share, by Application (2020 and 2028)

Figure 45. Asia-Pacific: Dairy Ingredients Market Revenue Share, by Key Country (2020 and 2028)

Figure 46. China: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 47. Australia: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 48. Japan: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 49. India: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 50. South Korea: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 51. Rest of Asia-Pacific: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 52. Middle East & Africa: Dairy Ingredients Market – Revenue and Forecast to 2028

Figure 53. Middle East & Africa: Dairy Ingredients Market Revenue Share, by Product Type (2020 and 2028)

Figure 54. Middle East & Africa: Dairy Ingredients Market Revenue Share, by Application (2020 and 2028)

Figure 55. Middle East & Africa: Dairy Ingredients Market Revenue Share, by Key Country (2020 and 2028)

Figure 56. South Africa: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 57. Saudi Arabia: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 58. UAE: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 59. Rest of MEA: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 60. South & Central America: Dairy Ingredients Market – Revenue and Forecast to 2028

Figure 61. South & Central America: Dairy Ingredients Market Revenue Share, by Product Type (2020 and 2028)

Figure 62. South & Central America: Dairy Ingredients Market Revenue Share, by Application (2020 and 2028)

Figure 63. South & Central America: Dairy Ingredients Market Revenue Share, by Key Country (2020 and 2028)

Figure 64. Brazil: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 65. Argentina: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 66. Rest of South & Central America: Dairy Ingredients Market –Revenue and Forecast to 2028

Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 69. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 70. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 71. Impact of COVID-19 Pandemic in South & Central America Country Markets

The List of Companies - Dairy Ingredients Market

  1. FrieslandCampina Ingredient.          
  2. Fonterra Co-operative Group Limited           
  3. Arla Foods Ingredients Group P/S                  
  4. Lactalis Ingredients             
  5. AGROPUR
  6. Saputo Inc.   
  7. Kerry Group           
  8. AMCO Proteins     
  9. PROLACTAL            
  10. Glanbia Ireland

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Food and Beverages : READ MORE..