Dairy Ingredients Market Forecast to 2028

Report Code : TIPRE00009432 | Region : Global | Industry : Food and Beverages | Published Date : 25/Feb/2022
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)

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 widely used as stabilizers, thickening agents, and setting agents in various food products and beverages, such as bakery products, confectioneries, frozen desserts, tea, coffee, dairy products, and infant food. They are significant sources of proteins, including whey proteins and casein. Dairy ingredients add functional benefits to food and beverages. Moreover, they are used to manufacture protein supplements extensively consumed by health-conscious consumers, fitness enthusiasts, and sportspersons.

Based on the application, the dairy ingredients market is segmented into food & beverage, personal care, and pharmaceuticals & nutraceutical. The food & beverage segment accounted for a larger market share in 2020. The food and beverage industry is growing at a rapid pace. The rising demand for processed foods and beverages due to high per capita income, changing food consumption patterns, and improving people's lifestyles is driving the global food and beverage industry. However, with the rising demand for convenience foods, people are increasingly preferring health food products that deliver functional benefits. This factor is projected to drive the demand for dairy ingredients across the food and beverage industry.

Based on the region, the dairy ingredients market is segmented into North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and South and Central America (SAM). In 2020, Asia-Pacific held the largest share of the global dairy ingredients market, whereas the Middle East and Africa is projected to register the fastest growth over the forecast period. According to the Food and Agriculture Organization (FAO), in Asia, the total milk production accounted for 379 million tonnes in 2020. China and India are among the largest milk and dairy products producers in Asia-Pacific. The demand for dairy ingredients in the Asia-Pacific market is rising due to the accelerated economic growth of many countries in this region, increased production of milk, growing facilities in the supply chain industry, and strong support from the government to promote the dairy sector.

The leading players 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.

The size of the global dairy ingredients market has been derived using primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the dairy ingredients market.

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

TABLE OF CONTENTS

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

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

Reason To Buy

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the global dairy ingredients market, thereby allowing players to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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