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Dairy Ingredients Market Trends

Report ID: GMI7579
Published Date: Dec 2023
Report Format: PDF

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Dairy Ingredients Market Trends

Health-conscious consumers are driving a surge in demand for functional dairy ingredients, such as probiotics, whey proteins, and lactose-free options, aligning with the growing focus on wellness and nutritional value. The rising popularity of clean-label products has prompted dairy ingredient manufacturers to prioritize transparency, emphasizing minimal processing and natural sourcing. Plant-based alternatives continue to gain traction, challenging traditional dairy products and influencing the incorporation of plant-derived ingredients into dairy formulations. This reflects a broader shift toward flexitarian and plant-centric diets.

Additionally, sustainability has emerged as a key trend, with consumers placing increased importance on environmentally friendly practices. The dairy industry is responding with initiatives to reduce carbon footprints, improve waste management, and enhance overall sustainability across the supply chain.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of dairy ingredients reached USD 56.58 billion in 2022 and is set to cross USD 103.48 billion by 2032, backed by the growing awareness of the nutritional benefits associated with the product, leading to an upsurge in their incorporation into various food and beverage products.

Milk powders segment accounted for USD 21.23 billion in 2022 and will continue to gain traction, valued for their versatility and extended shelf life, enabling their use in the production of confectionery, baked goods, and dairy-based beverages.

North American market was valued at USD 18.38 billion in 2022, led by the high consumption of dairy products, a well-established food & beverage industry, and a growing awareness of the product’s nutritional benefits.

Lactalis Group, FrieslandCampina, Arla Foods, Kerry Group PLC, Saputo Inc., Dairy Farmers of America, Glanbia PLC, Volac International Ltd., and EPI Ingredients.