Market overview

Dairy ingredients are extracted primarily from milk and whey and are used to produce different product forms with a wide range of use. Such ingredients, give food goods health and safety advantages, taste, and other characteristics. The traditional heat treatment process is used to manufacture dairy ingredients, followed by cooling and addition of flavors, while the modern membrane-separation technique is still employed for the same purpose. Dairy ingredients in form of milk powder are strengthened by exceptionally low microbiological levels and high heat stability in the formula formulation of infant products and this facilitates long processing times during production of the formula.

Market Highlights

Fatpos Global anticipates the Dairy Ingredients market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. This growth is anticipated due to the advent of rising awareness among individuals towards a healthy lifestyle and this has led to a substantial increase in the importance of nutritional enrichment in food and beverages. The world demand for dairy products has been powered by a higher consumer perception of public safety, complemented by the multi-faceted application of dairy ingredients, packaged, and functional food consumption.

Source: Fatpos Global

Recent Highlights in the Dairy Ingredients market

In August 2016, PowerBar released a brand-named ‘Clean Whey’ a whey product line, consisting of two grams of sugar and the absence of the formulation of artificial sweeteners.

Dairy Ingredients Market: Segments

The Global market has been segmented on the basis of product type, application type, and location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa.

By product type (in %), global Dairy Ingredients Market, 2019

The skimmed milk is anticipated to register 23.3% of the volume share and is expected to grow on the account of increases shelf life and low moisture content

The Global Dairy Ingredients Market is segmented by product type into skimmed milk powder, whole milk powder, buttermilk powder

Improved commodity demand in RUFs or fortified mixed food (BFFs), as well as therapeutic and supplementary foods due to the low content of fat and moisture, would raise the market size of dairy ingredients over the expected timeframe.

By Application type (in %), global Dairy Ingredients Market, 2019

Dairy products accounted for 38.5% of the global volume in 2019.

Global Dairy Ingredients Market is segmented by Application type: Dairy products, bakery and confectionary, infant milk formula, convenience food, sports &clinic nutrition, and others

In view of the growing demand for cream, milk, butter, yogurt, cheese, chocolate, ice cream, and lactose-free milk products, this segment will be expected to rise significantly The increased consumption of chocolate in functional foods due to its stress-relieving property are planned to promote the use of milk powder.

Source: Fatpos Global

Global Dairy Ingredients Market: Drivers and Restraints

Drivers

Growing health concerns

Growing customer health and wellbeing issues, technology development, and new investigations and technologies are aimed at improving applicability.

Advancement in R&D

The rise of R&D in innovative milk solutions; rise in the application field, including confectionery and dairy; and an increase in urban development drive market growth.

Technological Advancement

Recent technological advances such as adsorption chromatography have been found to manufacture prebiotic ingredients, providing significant potential for the growth of the industry.

Restraints

The rapid growth of substitutes

This rise is hampered by the development of milk product substitutes and by lactose sensitivity and milk allergies. CO2 injections, which have similar functional features as acid casein, were developed to replace potential casein and caseinate ingredients with dairy protein concentrate (MPCs).

Global Dairy Ingredients Market: Regions

Asia Pacific was the largest market accounting for XX% of total market volume share in 2019

It is anticipating that regulation would increase the production potential of baked and sport nutrition products in the food & beverage sectors in China and India. This pattern is expected to continue to be a significant driver of the use of milk products and would likely contribute to demand growth during the forecast period.

Increasing spending by sports professionals and working people on nutritional items are expected to promote the use of milk powder as functional ingredients in Germany, France, the UK, and Russia to boost muscle strength.

Asia Pacific: China, Japan, India, and Rest of Asia Pacific

Europe: Germany, the UK, France, and Rest of Europe

North America: The US, Mexico, and Canada

Latin America: Brazil and Rest of Latin America

Middle East & Africa: GCC Countries and Rest of Middle East & Africa

Source: Fatpos Global

Global Dairy Ingredients Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y

Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y

Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium,

Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,

Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New

Zealand, Australia and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

CAGR – North Africa, Israel, GCC, South Africa

Global Dairy Ingredients Market: Key Players

Fonterra Co-Operative Group Limited

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Dairy Farmers of America

Aurivo Dairy Ingredients

FrieslandCampina.

Glanbia PLC

Arla Foods

Dairy Ingredients Inc

Kellogg

Other prominent players

Global Dairy Ingredients Market report also contains analysis on:

Dairy Ingredients Market Segments:

By product type:

Skimmed milk powder

Whole milk powder

Buttermilk powder

By Application type:

Dairy products

Bakery and confectionary

Infant milk formula

Convenience food

Sports &clinic nutrition

Others

Global Dairy Ingredients Market Dynamics

Global Dairy Ingredients Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Global Dairy Ingredients Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and

Who are the key players in the global Dairy Ingredients market

What could be the challenging factors for the growth of the Dairy Ingredients market

What are the growth drivers for the Dairy Ingredients market

1. Executive Summary

2. Dairy Ingredients

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

6. Correlation & Regression Analysis

6.1. Correlation Matrix

6.2. Regression Matrix

7. Recent Development, Policies&Regulatory Landscape

8. Risk Analysis

8.1. Demand Risk Analysis

8.2. Supply Risk Analysis

9. Dairy Ingredients Industry Analysis

9.1. Porters Five Forces

9.1.1. Threat of New Entrants

9.1.2. Bargaining Power of Suppliers

9.1.3. Threat of Substitutes

9.1.4. Rivalry

9.2. PEST Analysis

9.2.1. Political

9.2.2. Economic

9.2.3. Social

9.2.4. Technological

10. Global Dairy Ingredients Market

10.1. Market Size & forecast, 2019A-2030F

10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11. Global Dairy Ingredients Market: Market Segmentation

11.1. By Regions

11.1.1. North America:(U.S. and Canada)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2. By Product Type: Market Share (2020-2030F)

11.2.1. Skimmed milk powder, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.2. Whole milk powder, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.3. Buttermilk powder, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3. By Applications type: Market Share (2020-2030F)

11.3.1. Dairy product, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.2. Bakery and Confectionary, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.3. Infant Milk formula, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.4. Convenience food ,By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.5. Sports & clinic, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.6. Chemical & Power, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.7. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Company Profile

12.1. Fonterra Co-operative Group Limited

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Dairy farmers of America

12.3. Aurivo Dairy ingredients

12.4. FrieslandCampina

12.5. Glanbia PLC

12.6. Arla Foods

12.7. Dairy Ingredients Inc.

12.8. Kellogg

12.9. Other prominent players

13. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)