The Global Dairy Blends Market Is Predicted To Reach $4.67 USD Billion With A CAGR Of 7.78% According To Market Data Forecast Report

The Global Dairy Blends Market Is Predicted To Reach $4.67 USD Billion With A CAGR Of 7.78% According To Market Data Forecast Report

ID: 1000 | October 2018 | Region: Global

Global Dairy Blends Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report, the Global Dairy Blends Market is estimated to be $3.21 USD billion and predicted to rise to $4.67 USD billion with a CAGR of 7.78%. The market is segmented by Application (Yogurt, Bakery, Feed, Beverage, Butter & Cheese Blends, Infant Formula, Ice Cream, and Others), by Form (Powder, Liquid, Spreadable), and by Type (Dairy/Non-Dairy Ingredients, Dairy as Carrier, Dairy as Functional Ingredient, Dairy Mixtures, and Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. The growth of the global Dairy Blends market is majorly driven by factors such as growing consumer awareness, rise in demand for dairy blends in baby formula, several health benefits linked with dairy blends, and high prices of traditional dairy products. The high growth potential in developing markets and untouched regions offers new prospects for the market players. However, factors such as stringent regulations in the industry and globally declining prices of dairy products are restraining the growth of the market. Dairy/non-dairy ingredient segment accounts for the largest share of the market. They are utilised in applications such as bakery, ice cream, and confectioneries. The Infant formula segment is anticipated to be the fastest-growing, in the dairy blends industry. The usage of dairy blends in baby formula provides flexibility with regard to the usage of dairy ingredients, enhances protein levels, and decreases fat contents. United States is the primary player of dairy blends. Being the fourth biggest global dairy product exporter and larger then Asia and South America in terms of service of whey, makes United States a front-runner in the dairy blends industry. The emerging markets of Asia-Pacific most importantly India and China, account for the high growth rate due to growing disposable incomes, and the demand for non-conventional food items. China, Mexico, Japan, Canada, and South Korea are some of the other promising players in this market. The sustained growth of the global market for dairy blends has presented new profit prospects for the dairy marketers. The major companies dominating the global dairy blends market are Anchor, SPX Flow, Abbott Nutrition, Cape Food Ingredients, Agropur Ingredients, Hormel Specialty Products, Friesland Campina, and Cargill Inc. Browse through the full report at “” and checkout our recent reports in the Ingredients category at “”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.

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