Dairy Ingredients Market Report, By Type (Organic, Inorganic), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables) and Geography- Global Market Share, Trend Analysis & Forecast

Dairy ingredients are mainly derived from milk and whey, and are utilized to develop different types of products, which have varied applicability. For instance, these ingredients provide health and nutrition benefits, taste, and other characteristics to food products. The traditional method of heat treatment is used to produce dairy ingredients, followed by cooling and flavoring, while the modern technique of membrane separation is also used for the same purpose.

Market Dynamics- Global Dairy Ingredients Market

Rising consumption of protein fortified functional food products by vegetarians to supplement their protein requirements is projected to have a strong impact on the market. Increasing demand for protein supplements in food items has resulted in new product launches by food & beverage companies including Kellogg, which is expected to fuel the demand for whey and milk powder. 

Major Developments:

In June 2020, Arla Foods Ingredients, launched Lacprodan Hydro Rebuild, a new whey protein that is clinically proven to counteract age-related muscle mass decline.

Similarly, in the same month, Food Union, a global dairy production and distribution group headquartered in Latvia, launched more than 100 new ice-cream products .  

Dairy Ingredients Market Segmental Overview

The study analyses Global Dairy Ingredients market based on type, livestock, application, form and geography. 

• By type, the global Dairy Ingredients market is segmented into proteins, milk powder, milk fat concentrates, lactose etc. Proteins further include Whey Protein Concentrates, Whey Protein Isolates, Casein & Caseinates, Milk Protein Concentrates, Milk Protein Isolates, Milk Protein Hydrolysates. Due to the rising prevalence of lifestyle diseases and growing health awareness among consumers, people are now joining gyms and fitness centers. As protein supplements are often recommended in these centers, the demand for whey protein is proliferating at a rapid pace.
• Based on livestock, the market is classified into cows and other livestock. Due to the production of milk in majority of the regions, cows are the preferred livestock.
• The market finds application in bakery & confectionery, dairy products, sports nutrition products, infant formulas. Dairy products are likely to dominate the market owing to the increasing demand for cream, milk, buttermilk, cheese, butter etc.
• These products are majorly available in dry and liquid form. However, majority of the dairy ingredients products are accessible in dry form because of ease of transportation and minimum packaging cost compared to liquid products. 

Dairy Ingredients Market by Geography

Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific dominated the market for the Dairy Ingredients owing to the government policies promoting investments in food & beverage sectors of countries such as China and India. This pattern is likely to continue over the forecast period.  

However, North America and Europe are anticipated to grow at a moderate pace owing to mounting expenditure of sports professionals in these regions. Moreover, ease of trading across international borders in the region will positively impact the industry growth through the forecast timeframe. Rapid growth of the bakery & confectionery industry is also one of the aspect major factors driving the market development in this region.

Global Dairy Ingredients Market-Key Players

FrieslandCampina, Fonterra Co-Operative Group, Arla Foods, Glanbia, Kerry Group, Dairy Farmers of America, Groupe Lactalis, Ornua, Ingredia SA and AMCO Proteins among others are the major players active in the Dairy Ingredients market.