Dairy Blends Market Global Forecast Report by Types (Dairy Mixtures, Dairy/Nondairy ingredient, Dairy as Functional, Dairy as Carrier, Others), Application (Bakery, Ice-cream, Infant Formula, Others), Products (Powder, Spreadable, Liquid), Countries and Company Analysis 2024-2032
Buy NowDairy Blends Market Size
Dairy Blends market is expected to reach US$ 4.14 Billion in 2023 to US$ 8.16 Billion by 2032, with a CAGR of 7.83% from 2024 to 2032. Some of the key drivers driving the market are consumers' growing health consciousness, their increasing desire for clean-label food goods, and the expanding demand for dairy blends.
Dairy Blends Overview
Products that are made by mixing different dairy ingredients to achieve particular compositional and functional qualities are referred to as dairy blends. Usually, a combination of dairy ingredients like whey powder, milk powder, butterfat, or nonfat dry milk is used in these blends. Dairy blends are designed to give a flexible ingredient that can be used in a variety of culinary applications. Dairy blends are frequently used in baked goods, ice creams, confections, sauces, and processed cheeses. They improve the nutritional profile of various food products while enhancing their mouthfeel, texture, and flavor. These mixes can have their fat content, viscosity, or stability changed to suit particular needs. Dairy blends are also useful ingredients in the food business because they are adaptable, have a longer shelf life, are less expensive than individual dairy ingredients, and can improve the sensory qualities of food.
The market for dairy blends is mostly driven by consumers' growing need for more nutrient-dense and healthful food options. Furthermore, the market is expanding as a result of customers' growing demand for dairy blends, which provide a balance between usefulness and nutritional content. It also provides a substitute for conventional dairy products for those who are allergic to milk or have lactose intolerances, which is driving the market's expansion.
The market for dairy blends has also been driven by the rising acceptance of ready-to-eat (RTE) meals and convenience foods. These products' ability to improve the flavor, texture, and shelf life of other processed foods is a significant growth driver. Dairy blends' adaptability in areas like baking, confections, drinks, and snacks has also helped to fuel the expansion of their industry. In addition, dairy blends are a more affordable alternative to pure dairy products, which has drawn manufacturers to them and resulted in their extensive use in the food sector.
The International Trade Administration (ITA) estimates that the Chinese food and beverage industry grew by 7.8% in 2019 compared to 2018 and is predicted to rise by 16% in 2021. The steady demand for dairy blends was bolstered by the food and beverage industry as well as the ongoing need for baby solutions.
| Report Features | Details |
|
Base Year |
2023 |
|
Forecast Years |
2024 - 2032 |
|
Historical Years |
2019 - 2023 |
|
Market Size in 2023 |
US$ 4.18 Billion |
|
Market Forecast in 2032 |
US$ 8.19 Billion |
|
Market Growth Rate (2024-2032) |
7.76% |
Growth Drivers for the Dairy Blends Market
Growing consumer interest in dairy mixes
Dairy blends are quite adaptable and can be used in a variety of food products. They are used to make spreads, ice creams, sweets, baked goods, and baby formulae. Dairy blends' useful qualities, which include better texture, stability, and flavor, also make them desirable components for food producers who are driving market expansion. In addition, dairy blends' capacity to increase product shelf life adds to their appeal in the market. Dairy blends are becoming an essential component of a wide range of food products on the market due to the expanding applications for them as well as the growing demand for convenience meals and ongoing innovation in the food industry.
The increased consciousness of health
Growing health consciousness among consumers caused a shift in dietary preferences toward healthier options, which included dairy products and had an impact on the market's expansion. Dairy blends that satisfy this demand by providing a lower fat content while preserving the required taste and texture are also helping the market to grow. More and more customers are looking for low-fat and low-calorie foods that don't sacrifice flavor. In addition, vegetable oils or other fat alternatives that replicate the functionality and mouthfeel of dairy fats are included in dairy blends, which offer a solution and support the market expansion. Additionally, this helps consumers enjoy dairy-based products while adhering to their health-conscious lifestyles, which fuels market expansion.
North America Dairy Blends Industry
Food products that are readily consumable and convenient are highly preferred by customers in North America. Dairy blends satisfy consumer need for simple-to-use ingredients in baking, cooking, and beverage preparation. They are offered in a variety of forms, including powders, spreads, and liquid concentrates. In North America, there is also a growing desire for healthier alternatives to traditional dairy products due to rising health and wellness consciousness. When compared to pure dairy products, dairy blends provide lower-fat and lower-calorie options, which appeals to consumers who are health-conscious and looking for wholesome substitutes.
Furthermore, North American food processing technologies have matured to the point where novel dairy blend compositions with enhanced sensory qualities and longer shelf lives can be created. The dominance of North American dairy blend makers in the market is partly attributed to their constant innovation in formulation techniques and ingredient sources.
Above all, the dairy business in North America is well-established, with dairy farms, processing plants, and distribution systems. The manufacturing, processing, and distribution of dairy blends are supported by a strong infrastructure, which ensures effective supply chain management (SCM) and market penetration.
Dairy Blends Company Analysis
The major participants in the Dairy Blends market includes Cargill Foods, Kerry Foods, Archer Daniels Midland, Tate & Lyle, Aak AB, Dana Foods Inc., Royal FrieslandCampina N.V., Galloway Company.
Dairy Blends Company News
In March 2024, Leading player in the UK dairy market Kerry Dairy has introduced Smug Dairy, a cutting-edge hybrid brand that combines traditional dairy with oats. This innovative action is a first-of-its-kind attempt in the UK market. The new line, which is expected to launch in the spring, will be available at Sainsbury's, Tesco, Morrison's, and The Co-op, among other large supermarket chains. With its six different products, the line promises consumers a distinctive culinary experience. These products include two types of butter, three creative cheddar cheese alternatives, and a unique hybrid milk.
In July 2022, in response to the increased demand from parents for feeding options that are compatible with vegetarian, flexitarian, and plant-based diets without sacrificing their baby's nutritional needs, Danone has released the newest product to its lineup: the Dairy & Plants Blend infant formula. This innovative recipe is the first created specifically with a vegetarian diet in mind. As the leading infant blended formula, it marks a noteworthy achievement because soy provides more than half of the necessary protein amount.
In January 2022, four new cultures will be available globally as part of IFF (International Flavors & Fragrances) Inc.'s YO-MIX PRIME line, which is designed specifically for yoghurt makers. Together with the current YO-MIX PRIME 800 and 900, these newest improvements help dairy producers get over major production obstacles. These cultures enable producers to broaden their range of goods and provide consumers with an extensive selection of dairy products of the highest caliber.
Types- Industry is divided into 5 viewpoints:
- Dairy Mixtures
- Dairy/Nondairy ingredient
- Dairy as Functional
- Dairy as Carrier
- Others
Application- Industry is divided into 4 viewpoints:
- Bakery
- Ice-cream
- Infant Formula
- Others
Products- Industry is divided into 3 viewpoints:
- Powder
- Spreadable
- Liquid
Countries: Industry is divided into 25 Countries
North America
- United States
- Canada
Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherlands
- Turkey
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Malaysia
- Indonesia
- New Zealand
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
All companies have been covered with 5 Viewpoints
- Overviews
- Key Person
- Recent Developments & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Company Analysis
- Cargill Foods
- Kerry Foods
- Archer Daniels Midland
- Tate & Lyle
- Aak AB
- Dana Foods Inc.
- Royal FrieslandCampina N.V.
- Galloway Company
Report Details:
| Report Features | Details |
| Base Year |
2023 |
| Historical Period |
2019 - 2023 |
| Forecast Period |
2024 - 2032 |
| Market |
US$ Million |
| Segment Covered |
Disease wise and Countries |
| Countries Covered |
|
| Companies Covered |
|
| Customization Scope |
20% Free Customization |
| Post-Sale Analyst Support |
1 Year (52 Weeks) |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request) |
Customization Services available
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1. Introductions
2. Research & Methodology
3. Executive Summary
4. Market Dynamic
4.1 Growth Driver
4.2 Challenges
5. Global Dairy Blends Market
6. Market Share Analysis
6.1 By Type
6.2 By Application
6.3 By Product
6.4 By Country
7. Types
7.1 Dairy Mixtures
7.2 Dairy/Nondairy ingredient
7.3 Dairy as Functional
7.4 Dairy as Carrier
7.5 Others
8. Application
8.1 Bakery
8.2 Ice-cream
8.3 Infant Formula
8.4 Others
9. Products
9.1 Powder
9.2 Spreadable
9.3 Liquid
10. Country
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 South Korea
10.3.6 Thailand
10.3.7 Malaysia
10.3.8 Indonesia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 South Africa
10.5.2 Saudi Arabia
10.5.3 United Arab Emirates
11. Porter’s Five Forces
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 Cargill Foods
13.1.1 Overviews
13.1.2 Key Person
13.1.3 Recent Developments & Strategies
13.1.4 Product Portfolio & Product Launch in Last 1 Year
13.1.5 Revenue
13.2 Kerry Foods
13.2.1 Overviews
13.2.2 Key Person
13.2.3 Recent Developments & Strategies
13.2.4 Product Portfolio & Product Launch in Last 1 Year
13.2.5 Revenue
13.3 Archer Daniels Midland
13.3.1 Overviews
13.3.2 Key Person
13.3.3 Recent Developments & Strategies
13.3.4 Product Portfolio & Product Launch in Last 1 Year
13.3.5 Revenue
13.4 Tate & Lyle
13.4.1 Overviews
13.4.2 Key Person
13.4.3 Recent Developments & Strategies
13.4.4 Product Portfolio & Product Launch in Last 1 Year
13.4.5 Revenue
13.5 Aak AB
13.5.1 Overviews
13.5.2 Key Person
13.5.3 Recent Developments & Strategies
13.5.4 Product Portfolio & Product Launch in Last 1 Year
13.5.5 Revenue
13.6 Dana Foods Inc.
13.6.1 Overviews
13.6.2 Key Person
13.6.3 Recent Developments & Strategies
13.6.4 Product Portfolio & Product Launch in Last 1 Year
13.6.5 Revenue
13.7 Royal FrieslandCampina N.V.
13.7.1 Overviews
13.7.2 Key Person
13.7.3 Recent Developments & Strategies
13.7.4 Product Portfolio & Product Launch in Last 1 Year
13.7.5 Revenue
13.8 Galloway Company
13.8.1 Overviews
13.8.2 Key Person
13.8.3 Recent Developments & Strategies
13.8.4 Product Portfolio & Product Launch in Last 1 Year
13.8.5 Revenue
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