According to a research survey conducted by ChemView Consulting, in 2022, the Global Dairy Blends Market was worth US$ 2,400 Mn and is expected to grow at a CAGR of 6.9% over the forecast period. The market is expected to hit US$ 4,100.0 Mn by 2030 end.
Dairy blends are combinations created from butter blends, vegetable oils, or processed butter fat that does not include saturated fat. When dairy blends are combined with another type of protein, they give customers nutritional advantages while improving the product’s flavor.
Dairy blends are popular among fitness and health enthusiasts since they contain less fat than other butter and dairy products, increasing their demand in the global market.
Dairy Blends Market 2017-2030: Report Key Highlights:
- Detailed information on factors that will assist Global Dairy Blends’ growth during the next eight years
- Assessment of the historical and current Global Dairy Blends Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
For More Details Visit Our Report Page: https://chemviewconsulting.com/reports/dairy-blends-market/
Key Takeaways
By Form: A powdered dairy blend is the most common type of dairy mix. The powder form is commonly used in baby food or infant formulation production. It is also used in ice cream and yogurt as a sweetener and stabilizer. It is also easier to store and has a longer shelf life due to its dry state. Because the powder is often created by spray-drying milk, it has all of the nutritional qualities of conventional cow’s milk. These reasons are expected to propel the segment.
By Application: Bakery items had the highest share of 35.0% in 2021. Powder and spreadable mixes are both utilized in bread and cakes. Many cake toppers are created by combining diverse flavors with these mixes. Because of substantial innovation in creating bakery items to meet the need of the health-conscious population, these blends serve as ideal alternatives for conventional milk and butter.
By Region: With a market share of more than 36.0% in 2021, Asia Pacific led the geographical sector of the Dairy Blends Market. The rise is due to an increase in middle-class customers in the region who have more discretionary money.
The Asia Pacific area is the fastest-growing market for items like ice cream and butter, which is driving the expansion of the Dairy blends market in this region.
Competition Summary
The dairy blends industry is extremely competitive, with several domestic and worldwide firms. Private-label brands have gained a competitive edge regarding product differentiation and cost-effective solutions.
The market is fragmented, and many firms are concentrating on new product development and expansion to retain their market positions. Companies are focusing on more unique sectors and growing the usage of dairy blend components.
Key companies covered in the market study are Abbott Nutrition, Cape Food Ingredients, Hormel Specialty Products, All American Foods, Cargill, Fonterra Co-operative Group Ltd, Doehler Group, Agropur ingredients, Royal Friesl and Campina N.V and Kerry Group.
Segments Covered in Report
By Application:
- Infant Formula
- Ice Cream
- Bakery
- Confectionery
- Butter & Cheese Blends
- Beverages
- Others
By Flavor:
- Regular
- Flavoured
By Form:
- Spreadable
- Powder
- Liquid
By Distribution Channel:
- B2B
- B2C
- Modern Trade
- Convenience Store
- Forecourt Retail
- Online Retail
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
About ChemView Consulting’s Food & Beverage Domain
ChemView Consulting’s Food & Beverage domain provides unique, reliable, and in-depth analysis while highlighting opportunities for growth for companies in the food and beverage industry with a focus on plant-based meat options, clean labels, and nutritionally dense and plant-based ingredients. Our research helps us better understand consumer demand and shifting preferences. In addition, we assist companies in developing strategies to attract new customers and retain existing strongholds. The comprehensive coverage includes Food Additives & Ingredients, Food Supplements, Food Processing & Processed Food, and Beverages. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for manufacturers, research institutes, channel partners, and government agencies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.
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