Global Dairy Ingredients market was valued over USD 53.10Billion in 2019 and is expected to reach a CAGR of 7.10% between 2019 and 2025.
NEW YORK, UNITED STATES, June 24, 2020 /EINPresswire.com/ — Facts and Factors has published a new report titled “Global Dairy Ingredients Market – By Type (Proteins, Milk Powder, Milk Fat Concentrate, Lactose & Its Derivatives, and Others), By Form (Dry and Liquid), By Livestock (Cows and Others), By Application (Bakery & Confectionery, Infant Formulas, Sports Nutrition Products, Dairy Products, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.”
According to the report, the global Dairy Ingredients market was valued over USD 53.10Billion in 2019 and is expected to reach a CAGR of 7.10% between 2019 and 2025.
Cows category is projected to dominate the Dairy Ingredients market
Cowscategory is estimated to account for the major share of the global Dairy Ingredients market during the forecast period. This is basically due to the growing cow population that will result in increased milk production. Moreover, the ease and cost-effective methods of extraction of dairy ingredients compared to other sources are likely to propel the growth of the global Dairy Ingredients market.
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Bakery & confectionery category is projected to dominate the Dairy Ingredients market
Bakery & confectionery category holds the majority of the market share owing to the multiple uses of dairy ingredients in the bakery industry. The increasing demand for dairy ingredients such as milk powder over fresh milk is a perfect example exhibiting the popularity of the dairy ingredients across the globe.
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The Asia Pacific is fuelling the growth of the Dairy Ingredients market.
Growing population and rising interest in leading a healthy lifestyle among the populace has created a huge demand for functional and fortified foods in the Asia Pacific. In addition, the advancements in the various regions along with the increasing disposable income have encouraged people to invest in health-related products and services. All these factors will fuel the Dairy Ingredients market in the region during the forecast period.
Key Market Players
Some of the key players of the global Dairy Ingredients market include Groupe Lactalis, FrieslandCampina, Saputo, Arla Foods, Kerry Group, Batory Foods, Fonterra Co-operative Group, Dairy Farmers of America, AMCO Proteins, Ornua, Prolactal, Glanbia, Valio, Hoogwegt Group, Agropur, Ingredia SA, and Euroserum.
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The report on the global Dairy Ingredients market is segmented into:
Global Dairy Ingredients Market: By Type Segmentation Analysis
Whey Protein Concentrates
Whey Protein Isolates
Casein & Caseinates
Milk Protein Concentrates
Milk Protein Isolates
Milk Protein Hydrolysates
Skimmed Milk Powder
Whole Milk Powder
Milk Fat Concentrates
Lactose &Its Derivatives
Global Dairy Ingredients Market: By Livestock Segmentation Analysis
Global Dairy Ingredients Market: By Form Segmentation Analysis
Global Dairy Ingredients Market: By Application Segmentation Analysis
Sports Nutrition Products
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Source: EIN Presswire