Dairy Ingredients Market is dominated by North America forecast period 2018-2023

Dairy Ingredients Market is dominated by North America forecast period 2018-2023

Dairy ingredients are substances which are extracted from milk and are used to provide texture and flavor to various foods and beverages. These are stored in dry, concentrated and liquid forms. Dairy ingredients help in emulsification, fat holding, and viscosity creation. Dairy ingredients are considered as significant tools for a food developer to create a desirable attribute in foods. Growing prominence of nutritional enrichment in foods & beverages due to increasing awareness towards maintaining healthy lifestyle among individuals is projected to have a positive impact on the dairy ingredients market.

Global Key Players and Competition Analysis

Some of the key players profiled in the global dairy ingredients market:  Cargill (U.S.), Fonterra Co-operative Group (New Zealand), Friesland Campina (The Netherlands), Dairy Farmers of America (U.S.), Glanbia Plc. (Ireland), Groupe Lactalis (Germany), and Arla Foods. (Denmark), among others.

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Segmentation Analysis

Dairy ingredients are segmented by type, which includes milk powder, whey ingredients, protein ingredients, milk protein isolates, casein and caseinates, lactose and its derivatives, and others. By application, the market is segmented into dairy and frozen desserts, bakery & confectionery, convenience foods, baby food & infant milk formula, sports & clinical nutrition, and others.

Regional Analysis

The Global Dairy Ingredients Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Europe is dominating the dairy ingredients market followed by North America. The U.K and Germany are the leading consumers of dairy ingredients owing to increasing awareness about the health advantages of consuming dairy ingredients. Additionally, high demand for low-calorie and high protein foods is the key driving factor in this region.

Market Scope

Increasing obesity among consumers has increased health consciousness, which further influences the high growth of this market. Increasing health awareness, coupled with rising demand for healthy ingredients with application in food and beverages, is supporting the growth of dairy ingredients market, globally. Rising demand for baby food and infant formula for balanced child nutrition is also adding fuel to the market growth. Additionally, increased preference for dairy products has surged the demand for dairy ingredients in the global market.

Browse the market data and information spread across 110 pages with 27 data tables and 10 figures of the report “Dairy Ingredients Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/dairy-ingredients-market-1808

Industry News

Nov 2017 Dairy Farmers of America (D.F.A.), a national dairy cooperative owned by family farmers, has acquired Cumberland Dairy, a family-owned processor of ultra-pasteurized dairy products.

Sept 2017 Givaudan, the global leader in fragrances and flavors acquired Vika B.V. a world player in food ingredients. Vika offers a range of natural dairy ingredients, fonds and stocks, as well as meat and plant-based extracts to customers in the food and beverage industry.

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Pradeep Z

Industry Analysts Monitoring Trends in Market Sectors Such as Food and Beverage, Nutrition, Chemicals & Materials, Energy and Power.

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