Dairy Blends Market Worth 3.56 Billion USD by 2022

0
100

Dairy Blends Market Worth 3.56 Billion USD by 2022

The report “Dairy Blends Market by Type, Application (Ice Cream, Yogurt, Infant Formula, Bakery Products, Feed, Butter & Cheese Blends, and Beverages), Form (Spreadable, Liquid, and Powder), and Region – Global Forecast to 2022”, The market is projected to reach USD 3.56 Billion by 2022, at a CAGR of 8.1% from 2016.

Early buyers will receive 10% customization on this report.

The market is driven by factors such as increase in demand for dairy blends in infant formula, high prices of traditional dairy products, and various health benefits associated with dairy blends. High growth potential in the emerging markets and untapped regions provides new growth opportunities for the market players.

The dairy/non-dairy mixture segment is projected to be the largest during the forecast period, 2016-2022.

Dairy/non-dairy ingredients form the primary type of dairy blends used across various industries. This type is used either for making the blends economical or for improving the functional properties of the final product. These types of dairy blends are used in applications such as bakery, ice cream, infant formulas, and confectioneries. This segment accounted for the largest share in 2015, owing to the technological development in the dairy industry, change in lifestyles, and high level of consumer awareness regarding the benefits of these ingredients.

The infant formula segment is projected to be the fastest-growing, in the dairy blends industry.

The use of dairy blends in infant formula gives flexibility with respect to the usage of dairy ingredients, increases protein, and reduces fat contents. The market is dominated by Europe, while North America and the Asia-Pacific show high-growth opportunities, owing to increase in demand for infant formula in the regions. Increasing women workforce reduced the time for cooking baby food, the growing trend in nutritional baby food providing different variants in the market have increased the demand for infant formula, which is directly affecting the demand for dairy blends.

Significant growth in the Dairy Blends Market is observed in the Asia-Pacific region.

The growing middle-class population in the region, with increase in disposable incomes, and the demand for non-conventional food that offers on-the-go consumption are propelling the growth of the Dairy Blends Market. The per capita consumption of dairy blends in the Asia-Pacific region is driven by growing economies such as Australia & New Zealand, China, Japan, and South Korea. A large number of dairy companies have expanded their reach in these countries, which has also driven the market for dairy blends.

The Dairy Blends Market report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Fonterra Co-operative Group Ltd. (New Zealand), Doehler Group (Germany), Agropur ingredients (Canada), Royal FrieslandCampina N.V. (Netherlands), and Kerry Group (Ireland).

Browse related reports:

Dairy Ingredients Market by Type (Milk Powder, Whey Ingredients, MPC & MPI, Lactose & its Derivatives, Casein & Caseinates), Source (Milk and Whey), by Application & Region – Global Trend & Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/dairy-ingredients-market-974.html

Dairy Alternatives Market by Type (Soy milk, Almond milk, Rice milk, Others), Formulation (Plain sweetened, Plain unsweetened, Flavored sweetened, Flavored unsweetened), Application (Food & Beverages) ,& by Region – Global Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/dairy-alternative-plant-milk-beverages-market-677.html

About Market sand Markets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Comments

comments