The global dairy ingredients market size valued 52.8 billion in 2020 and expected to reach USD 82.4 billion by 2027, at a CAGR of 7% during the forecast period 2021-2027. Growing awareness of health and wellness, increases in application sectors are enabling accelerate the demand for Global dairy ingredients market. Furthermore, rising R&D, innovative products, lifestyle modifications, and attraction towards rich nutritious diet creates demand for dairy products. Increased awareness on nutritional benefits of dairy products, therapeutic & supplementary products is being formulated with dairy products enhance the market share. Increased production skimmed milk powder (SMP), coupled with exports are creating lucrative opportunities market players. EU and 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 the milk and milk products are expected to hamper the growth of the dairy ingredients market. Dairy ingredients are made from the milk, can be used to prepare different types of chocolates, bakery products, ice creams, desserts, and soups. Milk is the essential food in the regular diet owing to its composition of rich nutrients and minerals. Milk comprises of 21 different types of elements such as proteins, amino acids, minerals, and vitamins.