Transparency Market Research
Dairy Ingredients Market - GlobalIndustry Size, Market Share, Trends,
Analysis, and Forecast 2016 - 2023
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Dairy ingredients are substances which are extracted from dairy products and are used to give texture and flavor to the foodand beverages. These are stored in dry, concentrated and liquid forms. Dairy ingredients provide emulsification, fat holding,viscosity creation and gel formation. Dairy ingredients are considered are important tools for a food developer to create adesirable attributes in foods.
Dairy ingredients market can be segmented on the basis of type such as - Whey Ingredients Milk Powder, Milk Protein Isolates &Milk Protein Concentrates, Casein & Caseinates, Lactose, and Others. Moreover the market can also be segmented on the basisof applications- Dairy Bakery & Confectionery, Processed Foods, Infant Nutrition, Sports & Clinical Nutrition, and Others.Geographically the market can be segmented as- North America, APAC, Europe and Rest of the World (RoW) regions.
Some of the key drivers in the global dairy ingredients market are- Rising health and wellness concerns among consumers,growth in the application sectors and new research and innovations to expand applicability. Whereas presence of alternativessuch as Plant Proteins and increasing instances of lactose intolerance and milk allergies are some of growth barriers.
The dairy ingredients market is a crucial market from the perspective of functional and processed food manufacturers andsuppliers. Cumulative agreements, joint ventures collaborations, and are expected to play a key role in competition andtherefore increasing the share of key market players.
Some of the key players of dairy ingredients market are- Fonterra Co-Operative Group Limited, Glanbia PLC, Dairy Farmers ofAmerica, Arla Foods, Aurivo Dairy Ingredients, Dairy Ingredients Inc. and FrieslandCampina.
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