Dairy Ingredients Market: By Type, Milk protein concentrates and isolates, Lactose and its derivatives, Milk protein hydrolysates, Casein and caseinates, Others) By Application By Source By Origin  and Region Forecast 2019-2030  

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Dairy Ingredients Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Whey ingredients, Skim Milk Powder (SMP), Milk protein concentrates and isolates, Lactose and its derivatives, Milk protein hydrolysates, Casein and caseinates, Others) By Application (Dairy products, Bakery and confectionery products, Infants products, Convenience foods, Sports and clinical nutrition, Other) By Source (Whey, Milk) By Origin  (Conventional, Synthetic) and Region Forecast 2019-2030  

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Dairy Ingredients Market size was valued at US$ 57.3 billion in 2023 and is poised to grow at a CAGR of 8.1% from 2024-2030. Growing awareness of health and wellness increases in application sectors are enabling the acceleration of the demand for the Global market. Furthermore, rising R&D, innovative products, lifestyle modifications, and attraction toward a rich nutritious diet create demand for dairy products. Increased awareness of the nutritional benefits of dairy products, therapeutic & supplementary products is being formulated with dairy products to enhance the market share. Increased production of skimmed milk powder (SMP), coupled with exports is creating lucrative opportunities for market players. EU and the U.S. are the key players of SMP. U.S. accounts for 28% of exports in 2013. 

However, the presence of alternatives in the market, ease of availability of soy proteins for low cost, growing incidence and prevalence of lactose intolerance, and allergies to milk and milk products are expected to hamper the growth of the market. Dairy ingredients are made from milk and can be used to prepare different types of chocolates, bakery products, ice creams, desserts, and soups.  Milk is an essential food in the regular diet owing to its composition of rich nutrients and minerals.  Milk comprises 21 different types of elements such as proteins, amino acids, minerals, and vitamins.

Dairy Ingredients Market Key Developments

  • In 2017 January, Dupont launched Danisco YO-MIX CURD cultures into the Indian market.

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Global Dairy Ingredients Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.1%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Dairy Ingredients Market Dynamics

Major growth strategy in the global dairy ingredients market is investments in R&D and expansions to develop new formulations to meet the consumer demand for nutritional and dairy products across the globe. Expansion of geographical footprints and widens the product portfolio collaborations with domestic distributors, product launches are few strategies. In 2016 August, PowerBar has launched a new range of whey products under the CLEAN WHEY brand. In 2017 May, Denmark’s development cooperation agency accepted the partnership of GAIN Nordic with Arla Food Ingredients for the establishment of 3 years inclusive business project in Ethiopian dairy industry. Moreover, favorable regulatory framework and considerable support by the governments is the main factor for the growth of the market.

Global Dairy Ingredients Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 57.3 billion

Market CAGR

8.1%

By Type

  • Whey ingredients
  • Skim Milk Powder (SMP)
  • Milk protein concentrates and isolates
  • Lactose and its derivatives
  • Milk protein hydrolysates
  • Casein and caseinates
  • Others

By Application

  • Dairy products
  • Bakery and confectionery products
  • Infants products
  • Convenience foods
  • Sports and clinical nutrition
  • Other

By Source

  • Whey
  • Milk

By Origin 

  • Conventional
  • Synthetic

Key Features of the Report

  • The dairy ingredients market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market.

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Frequently Asked Questions

The global dairy ingredients market size was valued at US$ 57.3 billion in 2023 and is projected to grow at a CAGR of 8.1% from 2024 to 2030.

The market key players are: Arla Foods (Denmark) Dairy Farmers of America (U.S.) Glanbia Plc. (Ireland) Groupe Lactalis (Germany) Euroserum (France) Fonterra Co-operative Group (New Zealand) Saputo Inc. (Canada) Devondale Murray Goulburn (Australia) Volac International Limited (U.K.) FrieslandCampina (Netherlands)

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Dairy Ingredients Market Introduction 
2.1.Global Dairy Ingredients Market  - Taxonomy
2.2.Global Dairy Ingredients Market  - Definitions
2.2.1.Type
2.2.2.Application
2.2.3.Source 
2.2.4.Origin
2.2.5.Region
3. Global Dairy Ingredients Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Dairy Ingredients Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Dairy Ingredients Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Whey ingredients
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Skim Milk Powder (SMP)
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Milk protein concentrates and isolates
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Lactose and its derivatives
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Milk protein hydrolysates
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Casein and caseinates
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6. Global Dairy Ingredients Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Dairy products
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Bakery and confectionery products
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Infants products
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Convenience foods
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Sports and clinical nutrition
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Other
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7. Global Dairy Ingredients Market  By Source , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Whey
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Milk
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8. Global Dairy Ingredients Market  By Origin, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Conventional
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Synthetic
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
9. Global Dairy Ingredients Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Dairy Ingredients Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Whey ingredients
10.1.2.Skim Milk Powder (SMP)
10.1.3.Milk protein concentrates and isolates
10.1.4.Lactose and its derivatives
10.1.5.Milk protein hydrolysates
10.1.6.Casein and caseinates
10.1.7.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Dairy products
10.2.2.Bakery and confectionery products
10.2.3.Infants products
10.2.4.Convenience foods
10.2.5.Sports and clinical nutrition
10.2.6.Other
10.3.  Source  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Whey
10.3.2.Milk
10.4.  Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Conventional
10.4.2.Synthetic
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Dairy Ingredients Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Whey ingredients
11.1.2.Skim Milk Powder (SMP)
11.1.3.Milk protein concentrates and isolates
11.1.4.Lactose and its derivatives
11.1.5.Milk protein hydrolysates
11.1.6.Casein and caseinates
11.1.7.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Dairy products
11.2.2.Bakery and confectionery products
11.2.3.Infants products
11.2.4.Convenience foods
11.2.5.Sports and clinical nutrition
11.2.6.Other
11.3.  Source  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Whey
11.3.2.Milk
11.4.  Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Conventional
11.4.2.Synthetic
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Dairy Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Whey ingredients
12.1.2.Skim Milk Powder (SMP)
12.1.3.Milk protein concentrates and isolates
12.1.4.Lactose and its derivatives
12.1.5.Milk protein hydrolysates
12.1.6.Casein and caseinates
12.1.7.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Dairy products
12.2.2.Bakery and confectionery products
12.2.3.Infants products
12.2.4.Convenience foods
12.2.5.Sports and clinical nutrition
12.2.6.Other
12.3.  Source  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Whey
12.3.2.Milk
12.4.  Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Conventional
12.4.2.Synthetic
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Dairy Ingredients Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Whey ingredients
13.1.2.Skim Milk Powder (SMP)
13.1.3.Milk protein concentrates and isolates
13.1.4.Lactose and its derivatives
13.1.5.Milk protein hydrolysates
13.1.6.Casein and caseinates
13.1.7.Others
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Dairy products
13.2.2.Bakery and confectionery products
13.2.3.Infants products
13.2.4.Convenience foods
13.2.5.Sports and clinical nutrition
13.2.6.Other
13.3.  Source  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Whey
13.3.2.Milk
13.4.  Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Conventional
13.4.2.Synthetic
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Dairy Ingredients Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Whey ingredients
14.1.2.Skim Milk Powder (SMP)
14.1.3.Milk protein concentrates and isolates
14.1.4.Lactose and its derivatives
14.1.5.Milk protein hydrolysates
14.1.6.Casein and caseinates
14.1.7.Others
14.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Dairy products
14.2.2.Bakery and confectionery products
14.2.3.Infants products
14.2.4.Convenience foods
14.2.5.Sports and clinical nutrition
14.2.6.Other
14.3.  Source  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Whey
14.3.2.Milk
14.4.  Origin Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Conventional
14.4.2.Synthetic
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Arla Foods (Denmark)
15.2.2.Dairy Farmers of America (U.S.)
15.2.3.Glanbia Plc. (Ireland)
15.2.4.Groupe Lactalis (Germany)
15.2.5.Euroserum (France)
15.2.6.Fonterra Co-operative Group (New Zealand)
15.2.7.Saputo Inc. (Canada)
15.2.8.Devondale Murray Goulburn (Australia)
15.2.9.Volac International Limited (U.K.)
15.2.10.FrieslandCampina (Netherlands)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Arla Foods (Denmark)
  • Dairy Farmers of America (U.S.)
  • Glanbia Plc. (Ireland)
  • Groupe Lactalis (Germany)
  • Euroserum (France)
  • Fonterra Co-operative Group (New Zealand)
  • Saputo Inc. (Canada)
  • Devondale Murray Goulburn (Australia)
  • Volac International Limited (U.K.)
  • FrieslandCampina (Netherlands)

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