Global Dairy Ingredients Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Dairy Ingredients Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Milk Powders (Skimmed Milk Powders, and Whole Milk Powders), Milk Protein Concentrates and Milk Protein Isolates, Whey Ingredients (Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI), and Hydrolyzed Whey Protein (HWP)), Lactose and Derivatives, Casein and Caseinates, and Other Types), Application (Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports and Clinical Nutrition, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Dairy Ingredients Market was valued at USD 64,106.8 million in 2023 and is expected to reach USD 88,411.7 million by 2031 while growing at a CAGR of 4.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global dairy ingredients market growth. Dairy ingredients, derived from milk, enhance food products by providing nutritional value, texture, flavor, and functional properties. They are sourced from various milk components, including proteins, fats, and carbohydrates.
Increasing awareness of health and wellness, coupled with growing population and urbanization, drives the growth of the dairy ingredients market. However, obstacles like lactose intolerance, allergies, and fluctuating milk prices may impede market expansion.
Furthermore, the global dairy ingredients industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Dairy Ingredients Market is segmented among Milk Powders, Milk Protein Concentrates and Milk Protein Isolates, Whey Ingredients, Lactose and Derivatives, Casein and Caseinates, and Other Types, based on Type. In 2023, Milk Powders accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Dairy Ingredients Market is segmented among Bakery and Confectionery, Dairy Products, Infant Milk Formula, Sports and Clinical Nutrition, and Other Applications, based on Application. In 2023, Bakery and Confectionery accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Dairy Ingredients Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share and is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Arla Foods amba, Dairy Farmers of America, Sodiaal co-operative group, Fonterra Co-Operative Group Limited, Royal Friesland Campina, Kerry Group PLC, Kanegrade Ltd, Groupe Lactalis, Volac International Ltd, Hoogwegt International BV, and Saputo Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Dairy Ingredients Market Dynamics
Drivers
Restraints
Opportunity
4. Global Dairy Ingredients Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Dairy Ingredients Market Segmentation, By Type
Global Dairy Ingredients Market Share Analysis, By Type
Global Dairy Ingredients Market Growth Analysis, By Type
Global Dairy Ingredients Market Trends, By Type
o Milk Powders
Ø Skimmed Milk Powders
Ø Whole Milk Powders
o Milk Protein Concentrates and Milk Protein Isolates
o Whey Ingredients
Ø Whey Protein Concentrate (WPC)
Ø Whey Protein Isolate (WPI)
Ø Hydrolyzed Whey Protein (HWP)
o Lactose and Derivatives
o Casein and Caseinates
o Other Types
6. Global Dairy Ingredients Market Segmentation, By Application
Global Dairy Ingredients Market Share Analysis, By Application
Global Dairy Ingredients Market Growth Analysis, By Application
Global Dairy Ingredients Market Trends, By Application
o Bakery and Confectionery
o Dairy Products
o Infant Milk Formula
o Sports and Clinical Nutrition
o Other Applications
7. Global Dairy Ingredients Market Segmentation, By Region
Global Dairy Ingredients Market Share Analysis, By Region
Global Dairy Ingredients Market Growth Analysis, By Region
Global Dairy Ingredients Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Arla Foods amba*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Dairy Farmers of America
Sodiaal co-operative group
Fonterra Co-Operative Group Limited
Royal Friesland Campina
Kerry Group PLC
Kanegrade Ltd
Groupe Lactalis
Volac International Ltd
Hoogwegt International BV
Saputo Inc
*Similar analysis will be provided for each company listed above.
