Latest News- Dairy Ingredients Market: Milk powders is expected to lead the Type segment during 2024-2028

The Dairy Ingredients Market is being driven by Rising consumption of bakery and confectionery products

The Dairy Ingredients Market is expected to grow at a CAGR of 8.08% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 35.3 billion. The organic dairy ingredients market is experiencing robust growth due to the rising consumer trend towards healthier and more natural food options. Factors driving this expansion include the increasing prevalence of chronic diseases such as diabetes, high blood pressure, and cardiovascular conditions, as well as the growing consumer preference for organic and sustainable food sources. Entrepreneurs are capitalizing on this trend by investing substantially in the organic dairy sector. Furthermore, the adoption of nutritionally conscious diets and the heightened awareness of the importance of maintaining a healthy lifestyle have fueled the demand for organic dairy ingredients. 

Get more information on Dairy Ingredients Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Milk powders
  • Milk protein concentrates and milk protein isolates
  • Whey ingredients
  • Others
• Application
  • Bakery and confectionery
  • Dairy products
  • Infant milk formula
  • Others
• Geography
  • APAC
    • China
    • India
  • Europe
    • Germany
    • France
  • North America
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising consumption of bakery and confectionery products
• Increasing number of product launches for dairy ingredients
• Increase in strategic M and A among market vendors

However, the market also witnesses some limitations, which are as follows:

• Rising vegan population globally
• Growth in lactose intolerance population
• Fluctuation in raw material prices

Benefits of Buying Global Dairy Ingredients Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Dairy Ingredients Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Dairy Ingredients Market is witnessing significant growth due to increasing demand for clean-label products with high protein content, particularly in the Western dietary habits. Milk Protein I and Milk Protein Concentrate are popular ingredients in bakery, confectionery, and food and beverage industries for their functional properties and high calcium content. Sustainable milk production is a key trend, with alternatives like buffalo milk and lactose-free milk powders gaining traction. Infant formula, neutraceuticals, and protein-rich alternatives for fitness enthusiasts also drive market growth. Processing techniques like membrane filtration and spray drying are used to produce milk protein isolate and whey proteins for muscle growth and bone health. The global supply chain faces logistical challenges due to trade restrictions and the need for efficient logistics. Milk production and casein are other significant components of the market, with applications in various industries including animal feed.

Market Research Overview

The global dairy ingredients market encompasses businesses engaged in the production and processing of proteins derived from plant-based sources, such as soy, pea, and rice, for use in vegan and vegetarian food applications. According to Technavio, the market's size is determined by the consolidated revenue of these vendors. It's important to note that this market does not include equipment manufacturers or producers of packaged alcoholic and non-alcoholic beverages. Factors fueling market growth include increasing protein intake recommendations, the rising middle class, and industry innovation. Plant-based proteins offer numerous health benefits, including being rich in essential nutrients like folate, vitamin A, and vitamin C, making them a popular choice for consumers seeking healthier food options. Additionally, the growing trend towards vegan and vegetarian diets is driving demand for plant-based protein sources in the food industry. Despite these opportunities, challenges persist, including consumer perception issues and the need for cost-effective production methods. Nevertheless, companies are investing in research and development to address these challenges and expand their product offerings, ensuring the market's continued growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/