The dairy ingredients market was valued at USD 45.55 Billion in 2015. It is projected to grow at a CAGR of 5.61% from 2016, to reach 66.11 Billion by 2022.
Northbrook, IL -- (SBWIRE) -- 04/19/2018 -- The report "Dairy Ingredients Market by Type (Milk Powder, Whey Ingredients, MPC & MPI, Lactose & Its Derivatives, Casein & Caseinates, Milk Protein Hydrolysates), Source (Milk and Whey), Nature, Application, and Region - Global Forecast to 2022", The dairy ingredients market is projected to reach a value of USD 66.11 Billion by 2022, at a CAGR of 5.61% from 2016. The market is driven by factors such as rise in awareness about the health benefits of nutritional food products, along with economic growth and increase in disposable income in developing nations, especially in the Asia-Pacific region.
Browse 91 market data tables and 61 figures spread through 157 pages and in-depth TOC on "Dairy Ingredients Market - Global Forecast to 2022"
Download PDF Brochure
Early buyers will receive 10% customization on reports.
The application of dairy ingredients in dairy products segment was the largest in 2015.
Dairy products accounted for the largest share in the application of dairy ingredients in 2015. Dairy ingredients are used in almost all dairy products for enhancing the nutritional content, flavor, and other benefits from dairy ingredients such as emulsification and solubility. Owing to which, the application of dairy ingredients is extensive in dairy products.
Milk powder accounted for the largest share by type, in the dairy ingredients market in 2015
On the basis of type, milk powder accounted for the largest share in the dairy ingredients market in 2015. The milk powder segment dominated the market, owing to its less moisture content, which contributes to the higher shelf life of the product. The growth in infant food market is another key factor that fueled the growth of this segment.
Make an Inquiry
Asia-Pacific dominated the dairy ingredients market in 2015
The Asia-Pacific region accounted for the largest market share in the dairy ingredients market in 2015. In Asia-Pacific, China had the largest market share in 2015. Improvement in the living standards of the Chinese, growth in the infant formula industry and aging population are the factors that drive the growth of the Chinese dairy ingredients market. India is projected to grow at the highest CAGR during the forecast period.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441