Home / Food & Beverage / Dairy Ingredients Market By Source (Milk, Whey), By Type (Milk Powder, Whey Ingredients, MPC, MPI, Lactose & Its Derivatives, Casein & Caseinate, Milk Protein Hydrolysates, Other Dairy Ingredients), By Application (Bakery & Confectionery, Dairy Products, Convenience food, Infant Milk Formula, Sports & Clinical Nutrition, Other Food Products) - Growth, Future Prospects, Competitive Analysis And Forecast, 2016 - 2023

Dairy Ingredients Market By Source (Milk, Whey), By Type (Milk Powder, Whey Ingredients, MPC, MPI, Lactose & Its Derivatives, Casein & Caseinate, Milk Protein Hydrolysates, Other Dairy Ingredients), By Application (Bakery & Confectionery, Dairy Products, Convenience food, Infant Milk Formula, Sports & Clinical Nutrition, Other Food Products) - Growth, Future Prospects, Competitive Analysis And Forecast, 2016 - 2023

Published: Dec 2016 | Report Code: 58281-12-16

Dairy ingredients are made from milk and find application in chocolates, bakery products, ice creams, sports food, prepared food products, ready-to-eat food products to name a few. Dairy ingredients are basically used for flavor and texture enhancement offering viscosity, gel formation, emulsification and fat holding properties of the particular food and beverage product. Dairy ingredients types include milk, whey and permeate. Milk is essential component of human diet and thus has wide acceptance among consumers. Milk is dried and preserved in the form of powder, owing to its benefits of having increased shelf-life and low moisture content, which is known as dried form of milk. Other types of milk derived dairy ingredients include casein and caseinate, milk protein concentrate, milk protein isolate, and others. Whey ingredients are classified as whey protein isolate, whey protein concentrates, and others. Depending upon the application, dairy ingredients types are used in the final product.

International and domestic trade barriers have resulted in complex system for dairy industry worldwide in combination with price constraints in some of the major dairy markets such as European Union, United Sates, Japan and Canada. As compared to all these barriers, dairy industry offers wide potential especially in Asia Pacific, wherein factors such as urbanization, income growth, government plans and policies supporting dairy industry, inclination of consumers towards milk and milk products are bolstering dairy ingredients market growth. Growing dairy industry is thus supporting the demand for dairy ingredients especially in the dairy food products globally. However, price is a key concern among dairy ingredient manufacturers, which hinders overall dairy ingredients market growth.

Globally, dairy ingredients market in Asia Pacific is expected to be largest in terms of value followed by Europe and North America. Asia Pacific is further anticipated to exhibit fastest CAGR during the forecast period, which is attributed to growing food and beverage industry in China and India leading towards demand for dairy ingredients coupled product launches catering to the dairy food products especially in China and India. However, demand for dairy ingredients is expected to record moderate growth in Latin America, owing to increased consumption along with growing imports and exports of milk in Brazil, thereby leading towards subsequent demand for dairy ingredients in the region.

Global dairy ingredients market is expected to be valued at US$ 48.6 Bn by the end of 2016 and is projected to expand at a CAGR 5.4% during the forecast period 2016-2023.

Dairy Ingredients Market

Purpose of the Report

The purpose of this strategic research study titled “Global Dairy Ingredients Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global dairy ingredients market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Dairy ingredients manufacturers
  • Oil & Gas exploration and production companies
  • Downstream & Midstream Companies
  • Research Institutes

USP and Key Offerings

The report titled “Global Dairy ingredients Market- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the dairy ingredients market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on fuel type and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading dairy ingredients manufacturers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to validate the forthcoming attractive markets within chemicals and materials industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 3-Year market size data (2013 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global dairy ingredients market growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Dairy Ingredients Market Snapshot
2.1.1. Global Dairy Ingredients Market by Type, 2015
2.1.2. Global Dairy Ingredients Market by Source, 2015
2.1.3. Global Dairy Ingredients Market by Application, 2015

3. Market Summary
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Future Prospects
3.3.4. Impact Analysis of Drivers and Challenges
3.4. Attractive Investment Proportion
3.4.1. By Type
3.4.2. By Source
3.4.3. By Application
3.5. Market Positioning of Key Players

4. Global Dairy Ingredients Market Size, By Type, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Type, 2015 vs. 2023
4.2. Milk Powder
4.2.1. Skimmed Milk Powder
4.2.2. Whole Milk Powder
4.3. Whey Ingredients
4.3.1. Whey Protein Concentrates
4.3.2. Whey Protein Isolates
4.3.3. Sweet Whey Powder
4.3.4. Others
4.4. Milk Protein Concentrates (MPC)
4.5. Milk Protein Isolates (MPI)
4.6. Lactose & Its Derivatives
4.7. Casein & Caseinate
4.8. Milk Protein Hydrolysates
4.9. Other Dairy Ingredients

5. Global Dairy Ingredients Market Size, By Source, 2013 – 2023
5.1. Overview
5.1.1. Market Share Analysis by Source, 2015 vs. 2023
5.2. Milk
5.3. Whey

6. Global Dairy Ingredients Market Size, By Application, 2013 – 2023
6.1. Overview
6.1.1. Market Share Analysis by Application, 2015 vs. 2023
6.2. Bakery & Confectionery
6.3. Dairy Products
6.4. Convenience Food
6.5. Infant Milk Formula
6.6. Sports & Clinical Nutrition
6.7. Other Food Products

7. Global Dairy Ingredients Market Size, By Region, 2013 – 2023
7.1. Overview
7.1.1. Market Share Analysis by Region, 2015 vs. 2023
7.1.2. Attractive Investment Proportion
7.2. North America Dairy Ingredients Market Analysis, 2013 – 2023
7.2.1. North America Dairy Ingredients Market Size, By Type, 2013 – 2023
7.2.1.1. Milk Powder
7.2.1.1.1. Skimmed Milk Powder
7.2.1.1.2. Whole Milk Powder
7.2.1.2. Whey Ingredients
7.2.1.2.1. Whey Protein Concentrates
7.2.1.2.2. Whey Protein Isolates
7.2.1.2.3. Sweet Whey Powder
7.2.1.2.4. Others
7.2.1.3. Milk Protein Concentrates (MPC)
7.2.1.4. Milk Protein Isolates (MPI)
7.2.1.5. Lactose & Its Derivatives
7.2.1.6. Casein & Caseinate
7.2.1.7. Milk Protein Hydrolysates
7.2.1.8. Other Dairy Ingredients
7.2.2. North America Dairy Ingredients Market Size, By Source, 2013 – 2023
7.2.2.1. Milk
7.2.2.2. Whey
7.2.3. North America Dairy Ingredients Market Size, By Application, 2013 – 2023
7.2.3.1. Bakery & Confectionery
7.2.3.2. Dairy Products
7.2.3.3. Convenience Food
7.2.3.4. Infant Milk Formula
7.2.3.5. Sports & Clinical Nutrition
7.2.3.6. Other Food Products
7.2.4. North America Dairy Ingredients Market Size , By Country, 2013 – 2023
7.2.4.1. U.S.
7.2.4.2. Canada
7.3. Europe Dairy Ingredients Market Analysis, 2013 – 2023
7.3.1. Europe Dairy Ingredients Market Size, By Type, 2013 – 2023
7.3.1.1. Milk Powder
7.3.1.1.1. Skimmed Milk Powder
7.3.1.1.2. Whole Milk Powder
7.3.1.2. Whey Ingredients
7.3.1.2.1. Whey Protein Concentrates
7.3.1.2.2. Whey Protein Isolates
7.3.1.2.3. Sweet Whey Powder
7.3.1.2.4. Others
7.3.1.3. Milk Protein Concentrates (MPC)
7.3.1.4. Milk Protein Isolates (MPI)
7.3.1.5. Lactose & Its Derivatives
7.3.1.6. Casein & Caseinate
7.3.1.7. Milk Protein Hydrolysates
7.3.1.8. Other Dairy Ingredients
7.3.2. Europe Dairy Ingredients Market Size, By Source, 2013 – 2023
7.3.2.1. Milk
7.3.2.2. Whey
7.3.3. Europe Dairy Ingredients Market Size, By Application, 2013 – 2023
7.3.3.1. Bakery & Confectionery
7.3.3.2. Dairy Products
7.3.3.3. Convenience Food
7.3.3.4. Infant Milk Formula
7.3.3.5. Sports & Clinical Nutrition
7.3.3.6. Other Food Products
7.3.4. Europe Dairy Ingredients Market Size, By Country, 2013 – 2023
7.3.4.1. Germany
7.3.4.2. France
7.3.4.3. Italy
7.3.4.4. U.K
7.3.4.5. Russia
7.3.4.6. Rest of Europe
7.4. Asia Pacific Dairy Ingredients Market Analysis, 2013 – 2023
7.4.1. Asia Pacific Dairy Ingredients Market Size, By Type, 2013 – 2023
7.4.1.1. Milk Powder
7.4.1.1.1. Skimmed Milk Powder
7.4.1.1.2. Whole Milk Powder
7.4.1.2. Whey Ingredients
7.4.1.2.1. Whey Protein Concentrates
7.4.1.2.2. Whey Protein Isolates
7.4.1.2.3. Sweet Whey Powder
7.4.1.2.4. Others
7.4.1.3. Milk Protein Concentrates (MPC)
7.4.1.4. Milk Protein Isolates (MPI)
7.4.1.5. Lactose & Its Derivatives
7.4.1.6. Casein & Caseinate
7.4.1.7. Milk Protein Hydrolysates
7.4.1.8. Other Dairy Ingredients
7.4.2. Asia Pacific Dairy Ingredients Market Size, By Source, 2013 – 2023
7.4.2.1. Milk
7.4.2.2. Whey
7.4.3. Asia Pacific Dairy Ingredients Market Size, By Application, 2013 – 2023
7.4.3.1. Bakery & Confectionery
7.4.3.2. Dairy Products
7.4.3.3. Convenience Food
7.4.3.4. Infant Milk Formula
7.4.3.5. Sports & Clinical Nutrition
7.4.3.6. Other Food Products
7.4.4. Asia Pacific Dairy Ingredients Market Size, By Country, 2013 – 2023
7.4.4.1. India
7.4.4.2. China
7.4.4.3. Japan
7.4.4.4. Rest of Asia Pacific
7.5. Latin America Dairy Ingredients Market Analysis, 2013 – 2023
7.5.1. Latin America Dairy Ingredients Market Size, By Type, 2013 – 2023
7.5.1.1. Milk Powder
7.5.1.1.1. Skimmed Milk Powder
7.5.1.1.2. Whole Milk Powder
7.5.1.2. Whey Ingredients
7.5.1.2.1. Whey Protein Concentrates
7.5.1.2.2. Whey Protein Isolates
7.5.1.2.3. Sweet Whey Powder
7.5.1.2.4. Others
7.5.1.3. Milk Protein Concentrates (MPC)
7.5.1.4. Milk Protein Isolates (MPI)
7.5.1.5. Lactose & Its Derivatives
7.5.1.6. Casein & Caseinate
7.5.1.7. Milk Protein Hydrolysates
7.5.1.8. Other Dairy Ingredients
7.5.2. Latin America Dairy Ingredients Market Size, By Source, 2013 – 2023
7.5.2.1. Milk
7.5.2.2. Whey
7.5.3. Latin America Dairy Ingredients Market Size, By Application, 2013 – 2023
7.5.3.1. Bakery & Confectionery
7.5.3.2. Dairy Products
7.5.3.3. Convenience Food
7.5.3.4. Infant Milk Formula
7.5.3.5. Sports & Clinical Nutrition
7.5.3.6. Other Food Products
7.5.4. Latin America Dairy Ingredients Market Size, By Country, 2013 – 2023
7.5.4.1. Brazil
7.5.4.2. Mexico
7.5.4.3. Rest of Latin America
7.6. Middle East & Africa (MEA) Dairy Ingredients Market Analysis, 2013 – 2023
7.6.1. MEA Dairy Ingredients Market Size, By Type, 2013 – 2023
7.6.1.1. Milk Powder
7.6.1.1.1. Skimmed Milk Powder
7.6.1.1.2. Whole Milk Powder
7.6.1.2. Whey Ingredients
7.6.1.2.1. Whey Protein Concentrates
7.6.1.2.2. Whey Protein Isolates
7.6.1.2.3. Sweet Whey Powder
7.6.1.2.4. Others
7.6.1.3. Milk Protein Concentrates (MPC)
7.6.1.4. Milk Protein Isolates (MPI)
7.6.1.5. Lactose & Its Derivatives
7.6.1.6. Casein & Caseinate
7.6.1.7. Milk Protein Hydrolysates
7.6.1.8. Other Dairy Ingredients
7.6.2. MEA Dairy Ingredients Market Size, By Source, 2013 – 2023
7.6.2.1. Milk
7.6.2.2. Whey
7.6.3. MEA Dairy Ingredients Market Size, By Application, 2013 – 2023
7.6.3.1. Bakery & Confectionery
7.6.3.2. Dairy Products
7.6.3.3. Convenience Food
7.6.3.4. Infant Milk Formula
7.6.3.5. Sports & Clinical Nutrition
7.6.3.6. Other Food Products
7.6.4. MEA Dairy Ingredients Market Size, By Country, 2013 – 2023
7.6.4.1. GCC Countries
7.6.4.2. South Africa
7.6.4.3. Rest of MEA

8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Company Profiles
8.2.1. Dairy Farmers of America
8.2.2. Glanbia PLC
8.2.3. Euroserum
8.2.4. Arla Foods
8.2.5. Frieslandcampina
8.2.6. Groupe Lactalis
8.2.7. Devondale Murray Goulburn
8.2.8. Saputo Inc.
8.2.9. Fonterra Co-Operative Group Limited
8.2.10. Volac International Limited

List Of Table :

TABLE 1 Market Snapshot: Global Dairy Ingredients Market
TABLE 2 North America Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 3 North America Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 4 North America Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 5 U.S. Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 6 U.S. Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 7 U.S. Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 8 Canada Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 9 Canada Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 10 Canada Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 11 Europe Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 12 Europe Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 13 Europe Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 14 Germany Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 15 Germany Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 16 Germany Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 17 France Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 18 France Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 19 France Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 20 Italy Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 21 Italy Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 22 Italy Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 23 U.K. Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 24 U.K. Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 25 U.K. Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 26 Russia Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 27 Russia Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 28 Russia Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 29 Rest of Europe Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 30 Rest of Europe Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 31 Rest of Europe Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 32 Asia Pacific Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 33 Asia Pacific Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 34 Asia Pacific Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 35 India Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 36 India Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 37 India Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 38 China Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 39 China Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 40 China Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 41 Japan Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 42 Japan Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 43 Japan Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 44 Rest of Asia Pacific Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 45 Rest of Asia Pacific Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 46 Rest of Asia Pacific Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 47 Latin America Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 48 Latin America Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 49 Latin America Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 50 Brazil Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 51 Brazil Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 52 Brazil Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 53 Mexico Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 54 Mexico Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 55 Mexico Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 56 Rest of Latin America Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 57 Rest of Latin America Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 58 Rest of Latin America Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 59 MEA Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 60 MEA Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 61 MEA Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 62 GCC Countries Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 63 GCC Countries Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 64 GCC Countries Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 65 South Africa Dairy Ingredients Market Revenue, By Type, 2013 – 2023
TABLE 66 South Africa Dairy Ingredients Market Revenue, By Source, 2013 – 2023 (US$)
TABLE 67 South Africa Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
TABLE 68 Dairy Farmers of America: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 69 Glanbia PLC : Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 70 Euroserum: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 71 Arla Foods: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 72 Frieslandcampina: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 73 Groupe Lactalis: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 74 Devondale Murray Goulburn: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 75 Saputo Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 76 Fonterra Co-Operative Group Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 77 Volac International Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

List Of Figure :

FIG. 1 Global Dairy Ingredients : Market Segmentation
FIG. 2 Global Dairy Ingredients Market: Research Methodology
FIG. 3 Market Positioning of Key Dairy Ingredients Companies, 2015
FIG. 4 Global Dairy Ingredients Market Revenue, By Type, 2015 (US$)
FIG. 5 Global Dairy Ingredients Market Revenue, By Milk Powder, 2013 – 2023 (US$)
FIG. 6 Global Dairy Ingredients Market Revenue, By Whey Ingredients, 2013 – 2023 (US$)
FIG. 7 Global Dairy Ingredients Market Revenue, By Milk Protein Concentrates, 2013 – 2023 (US$)
FIG. 8 Global Dairy Ingredients Market Revenue, By Milk Protein Isolates, 2013 – 2023 (US$)
FIG. 9 Global Dairy Ingredients Market Revenue, By Lactose & Its Derivatives, 2013 – 2023 (US$)
FIG. 10 Global Dairy Ingredients Market Revenue, By Casein & Caseinate, 2013 – 2023 (US$)
FIG. 11 Global Dairy Ingredients Market Revenue, By Milk Protein Hydrolysates, 2013 – 2023 (US$)
FIG. 12 Global Dairy Ingredients Market Revenue, By Other Dairy Ingredients, 2013 – 2023 (US$)
FIG. 13 Global Dairy Ingredients Market Revenue, By Source, 2015 (US$)
FIG. 14 Global Dairy Ingredients Market Revenue, By Milk, 2013 – 2023 (US$)
FIG. 15 Global Dairy Ingredients Market Revenue, By Whey, 2013 – 2023 (US$)
FIG. 16 Global Dairy Ingredients Market Revenue, By Application, 2013 – 2023 (US$)
FIG. 17 Global Dairy Ingredients Market Revenue, By Bakery & Confectionery, 2013 – 2023 (US$)
FIG. 18 Global Dairy Ingredients Market Revenue, By Dairy Products, 2013 – 2023 (US$)
FIG. 19 Global Dairy Ingredients Market Revenue, By Convenience Food, 2013 – 2023 (US$)
FIG. 20 Global Dairy Ingredients Market Revenue, By Infant Milk Formula, 2013 – 2023 (US$)
FIG. 21 Global Dairy Ingredients Market Revenue, By Sports & Clinical Nutrition, 2013 – 2023 (US$)
FIG. 22 Global Dairy Ingredients Market Revenue, By Other Food Products, 2013 – 2023 (US$)
FIG. 23 Global Dairy Ingredients Market Revenue, By Regions, 2015 & 2023 (US$)
FIG. 24 North America Dairy Ingredients Market Revenue, 2013 – 2023 (US$)
FIG. 25 Europe Dairy Ingredients Market Revenue, 2013 – 2023 (US$)
FIG. 26 Asia Pacific Dairy Ingredients Market Revenue, 2013 – 2023 (US$)
FIG. 27 Latin America (LATAM) Dairy Ingredients Market Revenue, 2013 – 2023 (US$)
FIG. 28 Middle East and Africa Dairy Ingredients Market Revenue, 2013 – 2023 (US$)

The global dairy ingredients market can be categorized on the basis of source as:

  • Milk
  • Whey

Milk segment is anticipated to hold largest market share by 2023 end in terms of revenue contribution. Owing to increasing demand for milk protein concentrates (MPC) and milk protein isolates (MPI), demand for milk as source is anticipated to be significant throughout the forecast period. Increasing consumer concerns regarding nutritional aspects and health consciousness related to food ingredients has led towards adoption and enhancement of dairy ingredients among manufacturers, thus driving the overall dairy ingredients market growth. In addition, dairy ingredients basically in milk powder form are expected to gain traction among food product manufacturers, which is attributed to benefits such as heat stability low microbiological level, easy infant formula production process. Whey segment is anticipated to record highest growth during the forecast period, which is attributed to rising demand for sports nutrition among consumers. Also, increasing consumption of functional food products, owing to protein requirements among vegans across the globe is anticipated to drive the demand for dairy-based products, thereby leading to dairy ingredients market growth. Moreover, governments of countries such as the U.S. and U.K. are offering increased inclination towards addition of whey protein in food and beverage products, which is thus expected to have a substantial impact on the overall dairy ingredients market.

Dairy Ingredients Market
 

On the basis of type, the dairy ingredients market is categorized into following types:

  • Milk Powder
    • Skimmed Milk Powder
    • Whole Milk Powder
  • Whey Ingredients
    • Whey Protein Concentrates
    • Whey Protein Isolates
    • Sweet Whey Powder
    • Others
  • Milk Protein Concentrates (MPC)
  • Milk Protein Isolates (MPI)
  • Lactose & Its Derivatives
  • Casein & Caseinate
  • Milk Protein Hydrolysates
  • Other Dairy Ingredients

Rising demand for healthy food products among consumers is leading to development of such food products with a key focus on including milk powder and whey as ingredients in the final product. Of different types, milk powder segment holds largest market share and is expected to maintain its dominance throughout the forecast period. Mitigating efficient supply to mitigate the demand for healthy food products subsequently is a concern among manufacturers, thereby leading to adoption of whey in the food products. This is anticipated to lead towards significant demand for these food products among consumers, thus leading to high growth in the near future. Owing to benefits such as less moisture and high shelf-life of the product, milk powder as dairy ingredient type is expected to remain significant in the near future. Infant food application is further contributing towards the growth of this segment. Milk protein isolates and milk protein concentrates segments are collectively anticipated to account for large share by 2023. This is attributed to growing popularity of protein-rich food products among consumers.

Dairy Ingredients Market
  

The global dairy ingredients market can be categorized on the basis of application as:

  • Bakery & Confectionery
  • Dairy Products
  • Convenience food
  • Infant Milk Formula
  • Sports & Clinical Nutrition
  • Other Food Products

Dairy Ingredients Market

Dairy ingredients are used in various food products including ice creams, chocolate, toppings, dietetic, infant formula, clinical nutrition, snacks, porkmeat, ready-to-eat, prepared deserts and soups. Among the different applications undertaken in the report scope, dairy food products segment accounted for around 40% of the total market share and are expected to remain dominant during the forecast period. Globally, dairy ingredients application in dairy food products is anticipated to gain traction and is predicted to record significant growth during the forecast period. Food products that help in weight management, wellbeing, more minerals, antioxidants, and more nutritional content delivery are gaining significant traction among consumers. This has further led dairy food manufacturers to develop technically advanced products to suit the consumer demand and thus, development of technically advance ingredients. Dairy ingredients offer nutrients that are essential for maintenance of good health, which is expected to increase application of dairy ingredients in food products, thus fuelling the market growth. Owing to increasing demand for food products offering active ingredients, improved digestion, vitamins and minerals content, fortify bones, improve health and boost immunity throughout different stages of life, especially during infant and child nutrition is witnessing surge among consumers. Thus, leading towards development of such ingredients by manufacturers in the food products.

On the basis of geography, the global dairy ingredients market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

In 2015, Europe was the leading market followed by Asia Pacific. Both these regions together accounted for around 70% share of the market in terms of value. However, growth is projected to be fastest from the Asia Pacific region during the forecast period 2016 to 2023. Dairy ingredients market growth in Asia Pacific is attributed to increasing consumer inclination towards health maintenance and adoption of dairy ingredients in regular diet of people of all age groups. Furthermore, growing popularity of food products rich in protein and benefits associated with consumption of dairy ingredients primarily through dairy food products is fuelling market growth. The market for dairy ingredients in Latin America is anticipated to record significant growth, followed by North America. Brazil and Argentina serve as potential markets for companies operating in the dairy ingredients market in Latin America. The market for dairy ingredients in Middle East and Africa is projected to grow at a steady rate during the forecast period.

Dairy Ingredients Market
 

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