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Asia Pacific Dairy Blends Market By Application (Yogurt, Bakery, Feed, Beverage, Butter & Cheese Blends, Infant Formula, Ice Cream, And Others), By Form (Powder, Liquid, Spreadable), By Type (Dairy/Non-Dairy Ingredients, Dairy As Carrier, Dairy As Functional Ingredient, Dairy Mixtures, And Others), And By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Size, Share, Trends, Growth, Forecast (2021 – 2027)

Published: January, 2022
ID: 936
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Dairy Blends Market Growth and Forecast (2022 - 2027):

The Asia Pacific Dairy Blends Market size was estimated at USD xx billion in 2021, and it is foreseen to reach a valuation of USD xx billion by 2026 at a notable CAGR during the anticipated period. Dairy blends have several health benefits, such as strengthening immune function and reducing the risk of many diseases such as diabetes.

Market Overview:

Dairy blends are defined as dairy products produced by mixing or blending two types of dairy blends, such as cream concentrate or butter mixed with vegetable oils. Dairy mixes are preferred over dairy products because of their advantages, such as their low cost and many health benefits that can be easily spread. The creamy concentrated mixture which is combined along with butter is known as Dairy blends. They consist of a mixture of butter or processed fat without saturated fat. The Dairy Blends contain vegetable oil, which you can eat with bread. They can be mixed with other ingredients such as sugar, salt, aromas, spices and other vegetable oils according to the taste of the consumer. The dairy blends improve the absolute and practical taste of the product. However, mixing with other protein sources provides nutritional benefits to consumers. One of the benefits of dairy blends is that they contain vegetable oils, which you can consume with bread. Dairy blends can be combined with other components like salt, vegetable oils, sugar, and flavors, depending on the consumers’ taste and preferences. The use of dairy blends gives the product an absolute and practical improvement in taste. Mixing dairy blends with other protein sources has many nutritional benefits for consumers.

Recent Developments in Asia Pacific Dairy Blends Industry:

  • In September 2019, the American brand known as Dairy Farmers propelled an imaginative line of dairy drinks that consolidates cereal and almonds. This form permits end clients to profit by dairy and vegetable substitution items. This new brand helps increment the organization's product offering and deals.

Asia Pacific Dairy Blends Market Growth:

Increased health awareness related to the nutritional benefits of these products among customers has promoted the call for dairy blend.

Drivers:

The APAC Dairy Blends Market is expected to be driven by a low-fat content compared to butter and margarine and a profitable factor used with other and other ingredients. Dairy blends along with improving the flavor of the product, also promote cost formulation, as most soy proteins are much more cost-effective than dairy proteins. APAC Dairy Blends Market is used in conjunction with other ingredients like butter, cocoa powder, sugar, dextrin, and vegetable fats to drive demand for dairy mixes. APAC Dairy Blends Market can also be stored and refrigerated, increasing the demand for this. One of the main drivers of dairy blending is that butter is not 100%, so it removes most of the fat, which is why consumers prefer it. The use of dairy mixes to make juices is also a driving force in the APAC Dairy Blends Market. Other drivers of the APAC Dairy Blends Market are increasing the national market, the rice and bakery industries, raising awareness and awareness in the field of functional foods, and few are increasing the popularity of certain foods such as pizza and hamburgers.

Dairy Blends are majorly employed in infant formulas, ice cream, and yogurt. The mounting birth rate has increased the demand for infant formula and baby food. This is expected to promote APAC Dairy Blends Market growth during the outlook period. Dairy Blends are a healthier alternative to traditional dairy products, like whole milk. They contain all the essential dairy nutrients and are low in fat. This advantage has made the product popular with consumers with disabilities, such as obesity and high cholesterol levels. This is expected to increase demand for the product, driving the market growth during the forecast period. Dairy imports include higher prices, but dairy blends include relatively much lower prices. Dairy mixes are inherently profitable. Therefore, it is the main driving force in the APAC Dairy Blends Market. Many soy proteins are very profitable compared to dairy proteins. Therefore, several dairy manufacturers mix dairy blends with soy or other proteins to improve the taste of their products. This is expected to promote the growth of the APAC Dairy Blends Market.

Restraints:

Lack of awareness of the health benefits of dairy blends is a major impediment to APAC Dairy Blends Market growth. Food and beverage manufacturers are turning to other conventional products instead of dairy products. Concerns about the deterioration of the taste of consumable products among manufacturers of APAC Dairy Blends Market mixtures are one of the challenges of the industry.

Impact of COVID-19 on the APAC Dairy Blends Market:

The dairy blends, which are already at risk of stagnating in 2020, will worsen with the COVID-19 epidemic. Countries such as India are expected to see increased production of mixed dairy products amid depressed demand prospects due to the extensive quarantine. With China barely recovering from the pandemic, the dairy mix is expected to decline. Demand for dairy blends is declining due to the high demand for oil dust inventory with longer retention periods during the quarantine.

Asia Pacific Dairy Blends Market Segmentation Analysis:

By Application:

  • Yogurt     
  • Bakery    
  • Feed         
  • Beverage
  • Butter & Cheese Blends   
  • Infant Formula    
  • Ice Cream
  • Other Applications    

By Form:

  • Powder   
  • Liquid      
  • Spreadable   

By Type:

  • Dairy/Non-Dairy Ingredients        
  • Dairy as Carrier   
  • Dairy as Functional Ingredient      
  • Dairy Mixtures    
  • Others    

Regional Analysis:

The Asia Pacific region had the largest share of 38.0% in 2018. Most of the demand for mixed dairy products was driven by high fertility rates, led by the increase in baby food and infant formulas. In addition, the world's leading suppliers of dairy products are located in Australia and New Zealand. Additionally, dairy blends are cheaper, easier to store, and have a longer shelf life than alternative products such as milk and butter. This is likely to propel the market growth during the projected period. The Asia Pacific region is targeting the dairy mix market. Whey services in the region can also stimulate the growth of the global dairy mix market. However, Korea, China and Thailand are growing the dairy mix market due to their large customer base. Due to the nutritional benefits, as the demand for dairy protein in the food industry has increased, the dairy blend market has become even more ingredients worldwide. The Asia-Pacific area is expected to experience the largest increase in the dairy mix during the forecast period as the preference for dairy products increases. In particular, as the demand for Asian standards for dairy fat continues to rise, the Asian dairy market is showing interest in blending dairy products. Unlike vegetable fats, milk fat is a natural product and offers a better flavor, so the production of milk mixtures satisfies the growing demand.

Key Players in the Market:

Major Key Players in the Asia Pacific Dairy Blends Market are

  • SPX Flow                    
  • Anchor                      
  • Abbott Nutrition                   
  • Cape Food Ingredients                      
  • Agropur Ingredients                           
  • Hormel Specialty Products                
  • Friesland Campina               
  • Cargill Inc   

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