Dairy Blends Market (Form - Liquid, Spreadable, and Powder; Application - Infant Formula, Bakery, Beverage, Ice cream, Pharmaceutical Lactose, and Butter and Cheese Blends) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Albany, NY -- (SBWIRE) -- 02/06/2017 -- Global Dairy Blends Market: Overview
Dairy blends have occupied a significant position due to its associated product benefits. By form the market has been categorized into powder and liquid, and by application the market has been segmented into infant formula, bakery, beverage, butter and cheese blends, pharmaceutical lactose, ice cream, butter and cheese blends and others which include yogurt, dairy feeds.
Previously milk was considered as one of the nutritious food as it contains macronutrients which includes (protein, fat, lactose) micronutrients and vitamins which includes minerals for consumption purposes. But there arises limitations of dairy products such as lactose intolerance, cholesterol, saturated fat, allergic symptoms which has thus resulted to inclination towards dairy blends products in recent years. In spite of remarkable increase in the production of milk it still remains out of reach from the vulnerable groups of weaker sections due to its rising price.
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Global Dairy Blends Market: Drivers and Trends
The market for dairy blends is seen to be growing at a magnifying pace across all geographical regions across the globe. Globally, the market is expanding at a magnifying rate, majorly driven by health benefits associated with dairy blends products, high prices of traditional dairy products, rising demand for convenience foods. Health as considered as a macroeconomic phenomenon it is seen that benefits derived from dairy blends products are properly spread among all sections of the population. Asia Pacific is showing the fastest growth due to its growing demand from emerging economies like China, India, Japan and also due to the presence of large number of dairy farms present in Australia.
Recent survey shows 90% of the population is inclined toward convenience foods and 25% use more time-saving convenience foods these days than in the year 2001. From recent survey it has also been observed that 61% of the respondents indicated that reduced time and effort has become the primary reason for the shift toward consumption of convenience foods. Dairy blends are categorized as convenience foods and this is boosting the market of such products.
However it has also been seen that proper nutrition and an adequate diet are crucial to human health and these factors drive the dairy blends market. Taking care of one's health and protection from infectious diseases are pre-requisites for health. It is seen that consumption of dairy blends provides health benefits, thus ensuring improvement in global nutrition requirement of children and improvement in family diets.
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Global Dairy Blends Market: Restraints
Moreover the major restraint of dairy blends is that some percentage of population is still unaware about the useful benefits of dairy blend products. Gastrointestinal problems, diabetes, and obesity are resolved to an extent by the consumption of dairy blends. However, these useful benefits are yet to be understood by large sections of the population globally. Thus, this reason is acting as a restraint for the dairy blends products market
Global Dairy Blends Market: Regional Outlook
Moreover, in this report the study provides different countries included in different regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America includes the U.S. and Rest of North America. Europe includes U.K., Germany, France, Russia, Italy and Rest of Europe. Asia Pacific includes countries such as India, China, Japan and Rest of Asia Pacific. In addition, Middle East and Africa includes country such as UAE, South Africa and Rest of Middle East and Africa. Latin America comprise of countries such as Brazil and Rest of Latin America. Geographically, Asia Pacific dairy blends market is experiencing the fastest growth from 2016 to 2024 in global dairy blends market.
Key Players Mentioned in the Report are:
In order grab a better picture of the global dairy blends market, a key trends analysis has been included in the scope of the report. The leading players in the market include Kerry group(Tralee, Ireland), Cargill Inc. (Wayzata, Minnesota, United States), Agropour Ingredients(Qubec, Canada) Fonterra Co-Operative Limited(Auckland, New Zealand) Agropour Ingredients (Qubec,Canada) Royal Friesland campina N.V.(Amersfoort, Netherlands) Dohler Group(Germany), Intermix Australia Pty Limited(96 Harburg Drive Beenleigh Queensland 4207 Australia), Advanced Food Products LLC(402 South Custer Avenue New Holland, PA 17557 United States), Galloway Company Inc.(United States), Cape Food Ingredients(Argentina) among others.