Overview:
Dairy blends are generally produced from butter blends that are mixed with vegetable oil or processed butter fats that are generally free of saturated fat. It can also be mixed and blended with other components, such as salt and sugar, depending on the taste and preferences of consumers.
The global dairy blend market is growing at a fast pace and is anticipated to observe significant growth over the next seven years until 2023. The market is likely to observe a higher growth rate due to its cost-effectiveness as well as its higher fat content as compared to butter and margarine. Due to its major preference as a substitute for butter, it thus reduces a major portion of fat. Apart from this, the utilization of dairy products for juice formulation is further likely to impel the growth of the dairy blend market during the forecast period.
At present, the North American region captured the maximum share in revenue from the dairy blends market and is anticipated to dominate over the forecast period. Rising awareness has resulted in increased demand for low-fat and low-calorie products in the region, which has strengthened the market for dairy blends in America. Associating dairy blends with obesity emphasises the need for companies to invest in product innovation, which is fostering the growth of the dairy blend market in Europe. Rising disposable income and demand in developing countries are anticipated to expand the growth of the Asia Pacific dairy blend market over the forecast period.
The global market for dairy blends is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global dairy blends market is segmented on the following basis:
By Form
By Blend Type
- Whey Protein Concentrate Blends
- Whey protein blends
- Skim Milk Blends
- milk concentrate blends
By Usage
- Infant food
- Bakery Products
- Dairy Products
- Ice cream
- Others
By Geography
- North America
- 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 and Africa
Key players identified across the value chain in the dairy blends market include, but are not limited to:
SPX flow, Friesland Campina, Agri-Mark Inc., Hormel Specialty Products, VIV Buisman, Anchor, Abbott Nutrition, Cape Food Ingredients, Fonterra Co-operative Group, Kerry Group, Dohler Group, Galloway Company, and others
This report offers the following:
- An overview of the global dairy blends market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the global dairy blends market,
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the Dairy Blends market.
