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Dairy Ingredient Trends and Forecast
The future of the global dairy ingredient market looks promising with opportunities in the bakery & confectionery, dairy product, sports nutrition product, and infant formulas markets. The global dairy ingredient market is expected to reach an estimated $81.7 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are growing demand for automation technology, rising applications in the nutrition and ready-to-eat industry, and increasing demand for protein-enriched food products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Dairy Ingredient by Segment
The study includes a forecast for the global dairy ingredient by form, livestock, application, and region.
Dairy Ingredient Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Dry
• Liquid
Dairy Ingredient Market by Livestock [Shipment Analysis by Value from 2018 to 2030]:
• Cows
• Buffalo
• Goats
• Others
Dairy Ingredient Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Bakery & Confectionery
• Dairy Product
• Sports Nutrition Product
• Infant Formulas
• Others
Dairy Ingredient Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Dairy Ingredient Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies dairy ingredient companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the dairy ingredient companies profiled in this report include-
• Frieslandcampina
• Groupe Lactalis
• Arla Foods
• Saputo
• Fonterra Co-Operative
• Dairy Farmers Of America
• Kerry Group
• Amco Proteins
• Valio
Dairy Ingredient Market Insights
Lucintel forecasts that cows will remain the largest segment over the forecast period due to the large population of cows globally leading to high milk production, as well as, extraction of dairy ingredient from cow milk is relatively cheap and easy than other resources.
APAC is expected to witness highest growth over the forecast period due to growing demand for dairy and dairy-related products, and increasing expenditure capacities of regional consumers, resulting in growing spending on nutritious and quality food products in this region.
Features of the Global Dairy Ingredient Market
Market Size Estimates: Dairy ingredient market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Dairy ingredient market size by form, livestock, application, and region in terms of value ($B).
Regional Analysis: Dairy ingredient market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different form, livestock, application, and regions for the dairy ingredient market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the dairy ingredient market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the dairy ingredient market size?
Answer: The global dairy ingredient market is expected to reach an estimated $81.7 billion by 2030.
Q.2 What is the growth forecast for dairy ingredient market?
Answer: The global dairy ingredient market is expected to grow with a CAGR of 4.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the dairy ingredient market?
Answer: The major drivers for this market are growing demand for automation technology, rising applications in the nutrition and ready-to-eat industry, and increasing demand for protein-enriched food products.
Q4. What are the major segments for dairy ingredient market?
Answer: The future of the global dairy ingredient market looks promising with opportunities in the bakery & confectionery, dairy product, sports nutrition product, and infant formulas markets.
Q5. Who are the key dairy ingredient market companies?
Answer: Some of the key dairy ingredient companies are as follows:
• FrieslandCampina
• Groupe Lactalis
• Arla Foods
• Saputo
• Fonterra Co-operative
• Dairy Farmers of America
• Kerry Group
• AMCO Proteins
• Valio
Q6. Which dairy ingredient market segment will be the largest in future?
Answer: Lucintel forecasts that cows will remain the largest segment over the forecast period due to the large population of cows globally leading to high milk production, as well as, extraction of dairy ingredient from cow milk is relatively cheap and easy than other resources.
Q7. In dairy ingredient market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand for dairy and dairy-related products, and increasing expenditure capacities of regional consumers, resulting in growing spending on nutritious and quality food products in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the dairy ingredient market by form (dry and liquid), livestock (cows, buffalo, goats, and others), application (bakery & confectionery, dairy product, sports nutrition product, infant formulas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Dairy Ingredient Market, Dairy Ingredient Market Size, Dairy Ingredient Market Growth, Dairy Ingredient Market Analysis, Dairy Ingredient Market Report, Dairy Ingredient Market Share, Dairy Ingredient Market Trends, Dairy Ingredient Market Forecast, Dairy Ingredient Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Dairy Ingredient Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Dairy Ingredient Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Dairy Ingredient Market by Form
3.3.1: Dry
3.3.2: Liquid
3.4: Global Dairy Ingredient Market by Livestock
3.4.1: Cows
3.4.2: Buffalo
3.4.3: Goats
3.4.4: Others
3.5: Global Dairy Ingredient Market by Application
3.5.1: Bakery & Confectionery
3.5.2: Dairy Product
3.5.3: Sports Nutrition Product
3.5.4: Infant Formulas
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Dairy Ingredient Market by Region
4.2: North American Dairy Ingredient Market
4.2.1: North American Dairy Ingredient Market by Livestock: Cows, Buffalo, Goats, and Others
4.2.2: North American Dairy Ingredient Market by Application: Bakery & Confectionery, Dairy Product, Sports Nutrition Product, Infant Formulas, and Others
4.3: European Dairy Ingredient Market
4.3.1: European Dairy Ingredient Market by Livestock: Cows, Buffalo, Goats, and Others
4.3.2: European Dairy Ingredient Market by Application: Bakery & Confectionery, Dairy Product, Sports Nutrition Product, Infant Formulas, and Others 7
4.4: APAC Dairy Ingredient Market
4.4.1: APAC Dairy Ingredient Market by Livestock: Cows, Buffalo, Goats, and Others
4.4.2: APAC Dairy Ingredient Market by Application: Bakery & Confectionery, Dairy Product, Sports Nutrition Product, Infant Formulas, and Others
4.5: ROW Dairy Ingredient Market
4.5.1: ROW Dairy Ingredient Market by Livestock: Cows, Buffalo, Goats, and Others
4.5.2: ROW Dairy Ingredient Market by Application: Bakery & Confectionery, Dairy Product, Sports Nutrition Product, Infant Formulas, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Dairy Ingredient Market by Form
6.1.2: Growth Opportunities for the Global Dairy Ingredient Market by Livestock
6.1.3: Growth Opportunities for the Global Dairy Ingredient Market by Application
6.1.4: Growth Opportunities for the Global Dairy Ingredient Market by Region
6.2: Emerging Trends in the Global Dairy Ingredient Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Dairy Ingredient Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Dairy Ingredient Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: FrieslandCampina
7.2: Groupe Lactalis
7.3: Arla Foods
7.4: Saputo
7.5: Fonterra Co-operative
7.6: Dairy Farmers of America
7.7: Kerry Group
7.8: AMCO Proteins
7.9: Valio
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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