Fermented Dairy Ingredients Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Fermented Dairy Ingredients Market grew at a CAGR of 7.3% between 2017-2021 and is estimated to be US$ 5768.9 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.8% and is expected to reach a valuation of US$ 11,138.0 Mn by 2032 end.
Dairy products that have undergone fermentation are thought to include probiotics, which have several health advantages. Fermented dairy products are considered to deliver probiotic microorganisms. Fermented dairy products are created when the immunizing culture converts an enzyme that converts lactose to lactic acid. The sales growth of the Fermented Dairy Products market is anticipated to be aided by rising consumer interest in dairy products that are wholesome and nutritious, as well as increased health and welfare awareness.
ChemView Consulting has analyzed that consuming fermented dairy contributes to keeping the body’s ecosystems balanced. A kind of bacteria in fermented dairy products like yogurt and other foods like cheese creates lactic acid. Better digestive tract health is a result of this. People are becoming more aware of digestive issues like bloating, diarrhea, and abdominal cramps brought on by lactose intolerance. Lactic acid, which is present in fermented dairy products, helps to treat certain digestive issues.
The dairy segment is anticipated to grow the fastest throughout the projection period. This is because baked foods like bread, pastries, and other baked products frequently contain ingredients from fermented dairy. These compounds preserve food because they are acidic, which helps with digestive problems. Because of this, bakery producers regularly use them to increase the shelf life of their goods.
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Segments Covered in Report
By Pigment Type:
- Natural Cheese
- Processed Cheese
- Flavoured Milk:
- Spoonable Yogurt
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)
Key Takeaways from the Fermented Dairy Ingredients Market
- Based on the product type, the dairy segment is anticipated to grow the fastest throughout the projection period. This is because baked foods like bread, pastries, and other baked products frequently contain ingredients from fermented dairy. These compounds preserve food because they are acidic, which helps with digestive problems. Because of this, bakery producers regularly use them to increase the shelf life of their goods.
- Based on the region, with a market share of 46.2%, Asia Pacific is expected to experience lucrative growth opportunities due to the rise in per capita income in developing countries.
Key companies covered in the market study are Koninklijke DSM, CSK Food Enrichment, The Tatua Cooperative Dairy Company, Arla Foods Ingredients GroupCargill Incorporated, Archer Daniels Midland Company, Chr. Hansen Holding, DairyChem, Epi Ingredients, Ingredion Incorporated, Dairy Connection, Novozymes, Socius Ingredients, CP Ingredients, E. I. du Pont de Nemours and Company, Kerry, Biopro, Lake International Technologies, Corbion
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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