- Whey ingredients
- Skim Milk Powder (SMP)
- Milk protein concentrates and isolates
- Lactose and its derivatives
- Milk protein hydrolysates
- Casein and caseinates
- Others
Dairy Ingredients Market size was valued at USD 56.8 billion in 2022 and is poised to grow at a CAGR of 7% from 2023-2029. Growing awareness of health and wellness increases in application sectors are enabling the accelerate of the demand for the Global dairy ingredients market. Furthermore, rising R&D, innovative products, lifestyle modifications, and attraction toward a rich nutritious diet create demand for dairy products. Increased awareness of the nutritional benefits of dairy products, therapeutic & supplementary products is being formulated with dairy products to enhance the market share. Increased production of skimmed milk powder (SMP), coupled with exports is creating lucrative opportunities for market players. EU and U.S. are the key players of SMP. U.S. accounts for 28% of exports in 2013. However, the presence of alternatives in the market, ease of availability of soy proteins for low cost, growing incidence and prevalence of lactose intolerance, and allergies to milk and milk products are expected to hamper the growth of the dairy ingredients market. Dairy ingredients are made from milk and can be used to prepare different types of chocolates, bakery products, ice creams, desserts, and soups. Milk is an essential food in the regular diet owing to its composition of rich nutrients and minerals. Milk comprises 21 different types of elements such as proteins, amino acids, minerals, and vitamins.
Dairy Ingredients Market Key Developments:
- In 2017 January, Dupont launched Danisco YO-MIX CURD cultures into the Indian market.
Global Dairy Ingredients Market Summary
Study Period
2023-29
Base Year
2022
CAGR
7%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Dairy Ingredients Market Dynamics
Major growth strategy in the global dairy ingredients market is investments in R&D and expansions to develop new formulations to meet the consumer demand for nutritional and dairy products across the globe. Expansion of geographical footprints and widens the product portfolio collaborations with domestic distributors, product launches are few strategies. In 2016 August, PowerBar has launched a new range of whey products under the CLEAN WHEY brand. In 2017 May, Denmark’s development cooperation agency accepted the partnership of GAIN Nordic with Arla Food Ingredients for the establishment of 3 years inclusive business project in Ethiopian dairy industry. Moreover, favorable regulatory framework and considerable support by the governments is the main factor for the growth of the dairy ingredients market.
Asia-Pacific Got Significant Share
Dairy Ingredients Market Regional Analysis
Geographically dairy ingredients Market is segmented as Latin America, North America, Asia-Pacific, The Middle East & Africa and Europe. Asia Pacific market is the largest market for dairy ingredients owing to growing living standards, increase in the infant formula industry. North America and Europe are anticipated to hold a significant position in the Global dairy ingredients market due to the huge awareness regarding health, rise in preference for the nutritious food, and high consumption of bakery and confectionery food.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Global Dairy Ingredients Market Segmentation
By Type
By Application
- Dairy products
- Bakery and confectionery products
- Infants products
- Convenience foods
- Sports and clinical nutrition
- Other
By Source
- Whey
- Milk
By Origin
- Conventional
- Synthetic
Frequently Asked Questions
The dairy ingredients market size was valued at USD 56.8 million in 2022
The dairy ingredients market key players are: Arla Foods (Denmark) Dairy Farmers of America (U.S.) Glanbia Plc. (Ireland) Groupe Lactalis (Germany) Euroserum (France) Fonterra Co-operative Group (New Zealand) Saputo Inc. (Canada) Devondale Murray Goulburn (Australia) Volac International Limited (U.K.) FrieslandCampina (Netherlands)
The dairy ingredients market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Dairy Ingredients Market Introduction |
| 2.1.Global Dairy Ingredients Market - Taxonomy |
| 2.2.Global Dairy Ingredients Market - Definitions |
| 2.2.1. Type |
| 2.2.2.Application |
| 2.2.3.Source |
| 2.2.4.Origin |
| 2.2.5.Region |
| 3. Global Dairy Ingredients Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID-19 on Market |
| 4. Global Dairy Ingredients Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Dairy Ingredients Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Whey ingredients |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Skim Milk Powder (SMP) |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Milk protein concentrates and isolates |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Lactose and its derivatives |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Milk protein hydrolysates |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Casein and caseinates |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Others |
| 5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 6. Global Dairy Ingredients Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Dairy products |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Bakery and confectionery products |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Infants products |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Convenience foods |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Sports and clinical nutrition |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Other |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Dairy Ingredients Market By Source, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Whey |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Milk |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Dairy Ingredients Market By Origin, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Conventional |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Synthetic |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9. Global Dairy Ingredients Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10. North America Dairy Ingredients Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Whey ingredients |
| 10.1.2.Skim Milk Powder (SMP) |
| 10.1.3.Milk protein concentrates and isolates |
| 10.1.4.Lactose and its derivatives |
| 10.1.5.Milk protein hydrolysates |
| 10.1.6.Casein and caseinates |
| 10.1.7.Others |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Dairy products |
| 10.2.2.Bakery and confectionery products |
| 10.2.3.Infants products |
| 10.2.4.Convenience foods |
| 10.2.5.Sports and clinical nutrition |
| 10.2.6.Other |
| 10.3. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Whey |
| 10.3.2.Milk |
| 10.4. Origin Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Conventional |
| 10.4.2.Synthetic |
| 10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11. Europe Dairy Ingredients Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Whey ingredients |
| 11.1.2.Skim Milk Powder (SMP) |
| 11.1.3.Milk protein concentrates and isolates |
| 11.1.4.Lactose and its derivatives |
| 11.1.5.Milk protein hydrolysates |
| 11.1.6.Casein and caseinates |
| 11.1.7.Others |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Dairy products |
| 11.2.2.Bakery and confectionery products |
| 11.2.3.Infants products |
| 11.2.4.Convenience foods |
| 11.2.5.Sports and clinical nutrition |
| 11.2.6.Other |
| 11.3. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Whey |
| 11.3.2.Milk |
| 11.4. Origin Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Conventional |
| 11.4.2.Synthetic |
| 11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12. Asia Pacific (APAC) Dairy Ingredients Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Whey ingredients |
| 12.1.2.Skim Milk Powder (SMP) |
| 12.1.3.Milk protein concentrates and isolates |
| 12.1.4.Lactose and its derivatives |
| 12.1.5.Milk protein hydrolysates |
| 12.1.6.Casein and caseinates |
| 12.1.7.Others |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Dairy products |
| 12.2.2.Bakery and confectionery products |
| 12.2.3.Infants products |
| 12.2.4.Convenience foods |
| 12.2.5.Sports and clinical nutrition |
| 12.2.6.Other |
| 12.3. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Whey |
| 12.3.2.Milk |
| 12.4. Origin Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Conventional |
| 12.4.2.Synthetic |
| 12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13. Middle East and Africa (MEA) Dairy Ingredients Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Whey ingredients |
| 13.1.2.Skim Milk Powder (SMP) |
| 13.1.3.Milk protein concentrates and isolates |
| 13.1.4.Lactose and its derivatives |
| 13.1.5.Milk protein hydrolysates |
| 13.1.6.Casein and caseinates |
| 13.1.7.Others |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Dairy products |
| 13.2.2.Bakery and confectionery products |
| 13.2.3.Infants products |
| 13.2.4.Convenience foods |
| 13.2.5.Sports and clinical nutrition |
| 13.2.6.Other |
| 13.3. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Whey |
| 13.3.2.Milk |
| 13.4. Origin Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Conventional |
| 13.4.2.Synthetic |
| 13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14. Latin America Dairy Ingredients Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 14.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Whey ingredients |
| 14.1.2.Skim Milk Powder (SMP) |
| 14.1.3.Milk protein concentrates and isolates |
| 14.1.4.Lactose and its derivatives |
| 14.1.5.Milk protein hydrolysates |
| 14.1.6.Casein and caseinates |
| 14.1.7.Others |
| 14.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Dairy products |
| 14.2.2.Bakery and confectionery products |
| 14.2.3.Infants products |
| 14.2.4.Convenience foods |
| 14.2.5.Sports and clinical nutrition |
| 14.2.6.Other |
| 14.3. Source Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Whey |
| 14.3.2.Milk |
| 14.4. Origin Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Conventional |
| 14.4.2.Synthetic |
| 14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Arla Foods (Denmark) |
| 15.2.2.Dairy Farmers of America (U.S.) |
| 15.2.3.Glanbia Plc. (Ireland) |
| 15.2.4.Groupe Lactalis (Germany) |
| 15.2.5.Euroserum (France) |
| 15.2.6.Fonterra Co-operative Group (New Zealand) |
| 15.2.7.Saputo Inc. (Canada) |
| 15.2.8.Devondale Murray Goulburn (Australia) |
| 15.2.9.Volac International Limited (U.K.) |
| 15.2.10.FrieslandCampina (Netherlands) |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- Arla Foods (Denmark)
- Dairy Farmers of America (U.S.)
- Glanbia Plc. (Ireland)
- Groupe Lactalis (Germany)
- Euroserum (France)
- Fonterra Co-operative Group (New Zealand)
- Saputo Inc. (Canada)
- Devondale Murray Goulburn (Australia)
- Volac International Limited (U.K.)
- FrieslandCampina (Netherlands)