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Condensed Whey Market Report 2025

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    Report

  • 200 Pages
  • January 2025
  • Region: Global
  • The Business Research Company
  • ID: 5744375
The condensed whey market size has grown strongly in recent years. It will grow from $3.35 billion in 2024 to $3.67 billion in 2025 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to increasing demand for dairy-based products, industrialization of dairy production, health and wellness trends, food waste reduction, regulatory support: gtion.

The condensed whey market size is expected to see strong growth in the next few years. It will grow to $5.24 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to global population growth, health-conscious consumers, sustainability concerns, e-commerce growth, research and development, international trade agreements, consumer education. Major trends in the forecast period include plant-based and dairy-free alternatives,clean label products, functional ingredients, flavored varieties, online retail and d2c sales.

The expansion of the bakery and confectionery industry is anticipated to drive growth in the condensed whey market. Condensed whey, a valuable ingredient, finds application in dairy products, bread, and various bakery items, enhancing the structure, porosity, freshness retention, and taste of the final products while elevating their nutritive value. Notably, in May 2023, as reported by Canada.ca, a Canadian government website, the United States witnessed a 2.2% annual growth in retail sales of baked goods from 2022 to 2026, reaching a substantial US$75.8 billion. Consequently, the upswing in the bakery and confectionery sector is a significant driver for the growth of the condensed whey market.

The increasing demand for healthy food products is poised to fuel the expansion of the condensed whey market. Healthy food products, characterized by their ability to provide essential nutrients and promote overall well-being while minimizing negative health impacts, are incorporating condensed whey due to its nutritional and functional benefits. These include high protein content, an excellent amino acid profile, digestibility, and the capacity to enhance sensory properties in food. For example, according to the Food and Health Survey by the International Food Information Council (IFIC), a US-based non-profit educational organization, 52% of Americans reported following a diet or eating pattern in May 2023, marking a 13% increase from the previous year. Consequently, the rising demand for healthy food products is expected to drive the growth of the condensed whey market.

A notable trend gaining traction in the condensed whey market is the introduction of new products. Companies within the market are actively launching improved condensed whey products with the aim of expanding revenues and consumer bases. In April 2023, Arla Foods Ingredients, a Denmark-based provider of food ingredients, unveiled Nutrilac ProteinBoost. This innovative product caters to the needs of health-conscious consumers and manufacturers, offering up to 15% protein content in high-protein ice cream while delivering a clean, neutral dairy taste. This exemplifies the industry's commitment to innovation and meeting evolving consumer preferences.

Prominent companies in the condensed whey market are actively engaged in the development of innovative products such as Lacprodan IF-7390 Organic, a whey protein concentrate, as a strategic move to gain a competitive edge. Lacprodan IF-7390 Organic stands out as a certified organic whey protein concentrate derived from organic whey sources. Notably, in March 2022, Arla Foods Ingredients, a Denmark-based provider of food ingredients, introduced Lacprodan IF-7390 Organic, alongside Premium Lactose Organic. These products are underpinned by robust associations with health and food safety, reflecting the company's commitment to meeting evolving market demands.

In a significant development in April 2023, Leprino Foods, a prominent US-based company specializing in cheese, lactose, whey protein, and sweet whey, completed the acquisition of a 100% stake in Glanbia Cheese UK and Glanbia Cheese EU from Glanbia Plc for an undisclosed amount. This strategic move positions Leprino to leverage the combined expertise, knowledge, and strengths of the acquired entities to further enhance and expand its international presence. The acquisition provides access to key markets across the globe. Glanbia PLC, based in Ireland, is a leading dairy supplementary company involved in the manufacturing of whey protein, cheese, dairy, and non-dairy nutritional ingredients.

Major companies operating in the condensed whey market include Agri-Mark Inc., Berkshire Dairy and Food Products LLC., Chicago Dairy Corporation, Dairy Farmers of America, Foremost Farms USA Cooperative Inc., Associated Milk Producers Inc., Leprino Foods Company Inc., Fonterra Co-operative Group Limited, Saputo Inc., Agropur Dairy Cooperative, Optimum Nutrition Inc., Arla Foods AMBA, Glanbia plc, Lactalis Group, Hilmar Cheese Company Inc., Kerry Group plc, Lacto Japan Co. Ltd., Royal FrieslandCampina NV, Darigold Inc., Schreiber Foods Inc., California Dairies Inc., Land O'Lakes Inc., First District Association, Great Lakes Cheese Co. Inc., Kraft Food Ingredients Corp., Milk Specialties Global Co., Pacific Cheese Co. Inc., Prairie Farms Dairy Inc., Savencia Fromage & Dairy Pvt. Ltd., Swiss Valley Farms Cooperative.

Condensed whey is a concentrated liquid remaining after milk is strained and coagulated. It serves as a significant source of food protein, containing immunoglobulins, ß-lacto globulin, serum albumin, protease-peptones, and a-lactalbumin. This byproduct is generated during cheese manufacturing when protein and butterfat are extracted from the milk.

Condensed whey comes in various types, including plain condensed whey, sweetened condensed whey, and condensed acid whey. The preparation of plain condensed whey involves pasteurizing the whey and then drawing the hot liquid into a vacuum pan. Widely employed in dairy, bakery goods, baby food, meat products, beverages, soups, sauces, dressings, and creams, plain condensed whey finds diverse applications in the food and beverage industry. Its versatility extends to various sectors, including bakery products, confectionery, jams, jellies, animal nutrition, and powdered whey.

The condensed whey research report is one of a series of new reports that provides condensed whey statistics, including condensed whey industry global market size, regional shares, competitors with condensed whey share, detailed condensed whey segments, market trends and opportunities, and any further data you may need to thrive in the condensed whey industry. This condensed whey research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

North America was the largest region in the condensed whey market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the condensed whey market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the Condensed Whey market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The condensed whey market consists of sales of condensed plain whey; acid whey and sweetened whey. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Condensed Whey Market Characteristics3. Condensed Whey Market Trends And Strategies4. Condensed Whey Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Condensed Whey Growth Analysis And Strategic Analysis Framework
5.1. Global Condensed Whey PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Condensed Whey Market Growth Rate Analysis
5.4. Global Condensed Whey Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Condensed Whey Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Condensed Whey Total Addressable Market (TAM)
6. Condensed Whey Market Segmentation
6.1. Global Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Plain Condensed Whey
  • Sweetened Condensed Whey
  • Condensed Acid Whey
6.2. Global Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Food and Beverage
  • Bakery Products
  • Confectionery
  • Sauces, Soups, and Dressings
  • Jams and Jellies
  • Meat Products
  • Animal Nutrition and Feed
6.3. Global Condensed Whey Market, Sub-Segmentation Of Plain Condensed Whey, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Unflavored Plain Condensed Whey
  • Unsweetened Plain Condensed Whey
6.4. Global Condensed Whey Market, Sub-Segmentation Of Sweetened Condensed Whey, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Sugar-Sweetened Condensed Whey
  • High Fructose Corn Syrup-Sweetened Condensed Whey
6.5. Global Condensed Whey Market, Sub-Segmentation Of Condensed Acid Whey, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Acid Whey from Cheese Production
  • Acid Whey from Yogurt Production
7. Condensed Whey Market Regional And Country Analysis
7.1. Global Condensed Whey Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Condensed Whey Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Condensed Whey Market
8.1. Asia-Pacific Condensed Whey Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Condensed Whey Market
9.1. China Condensed Whey Market Overview
9.2. China Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Condensed Whey Market
10.1. India Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Condensed Whey Market
11.1. Japan Condensed Whey Market Overview
11.2. Japan Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Condensed Whey Market
12.1. Australia Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Condensed Whey Market
13.1. Indonesia Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Condensed Whey Market
14.1. South Korea Condensed Whey Market Overview
14.2. South Korea Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Condensed Whey Market
15.1. Western Europe Condensed Whey Market Overview
15.2. Western Europe Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Condensed Whey Market
16.1. UK Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Condensed Whey Market
17.1. Germany Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Condensed Whey Market
18.1. France Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Condensed Whey Market
19.1. Italy Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Condensed Whey Market
20.1. Spain Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Condensed Whey Market
21.1. Eastern Europe Condensed Whey Market Overview
21.2. Eastern Europe Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Condensed Whey Market
22.1. Russia Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Condensed Whey Market
23.1. North America Condensed Whey Market Overview
23.2. North America Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Condensed Whey Market
24.1. USA Condensed Whey Market Overview
24.2. USA Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Condensed Whey Market
25.1. Canada Condensed Whey Market Overview
25.2. Canada Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Condensed Whey Market
26.1. South America Condensed Whey Market Overview
26.2. South America Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Condensed Whey Market
27.1. Brazil Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Condensed Whey Market
28.1. Middle East Condensed Whey Market Overview
28.2. Middle East Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Condensed Whey Market
29.1. Africa Condensed Whey Market Overview
29.2. Africa Condensed Whey Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Condensed Whey Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Condensed Whey Market Competitive Landscape And Company Profiles
30.1. Condensed Whey Market Competitive Landscape
30.2. Condensed Whey Market Company Profiles
30.2.1. Agri-Mark Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Berkshire Dairy and Food Products LLC. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Chicago Dairy Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Dairy Farmers of America Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Foremost Farms USA Cooperative Inc. Overview, Products and Services, Strategy and Financial Analysis
31. Condensed Whey Market Other Major And Innovative Companies
31.1. Associated Milk Producers Inc.
31.2. Leprino Foods Company Inc.
31.3. Fonterra Co-operative Group Limited
31.4. Saputo Inc.
31.5. Agropur Dairy Cooperative
31.6. Optimum Nutrition Inc.
31.7. Arla Foods AMBA
31.8. Glanbia plc
31.9. Lactalis Group
31.10. Hilmar Cheese Company Inc.
31.11. Kerry Group plc
31.12. Lacto Japan Co. Ltd.
31.13. Royal FrieslandCampina NV
31.14. Darigold Inc.
31.15. Schreiber Foods Inc.
32. Global Condensed Whey Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Condensed Whey Market34. Recent Developments In The Condensed Whey Market
35. Condensed Whey Market High Potential Countries, Segments and Strategies
35.1 Condensed Whey Market In 2029 - Countries Offering Most New Opportunities
35.2 Condensed Whey Market In 2029 - Segments Offering Most New Opportunities
35.3 Condensed Whey Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

Condensed Whey Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on condensed whey market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for condensed whey ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The condensed whey market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product: Plain Condensed Whey; Sweetened Condensed Whey; Condensed Acid Whey
2) By Application: Food and Beverage; Bakery Products; Confectionery; Sauces, Soups, and Dressings; Jams and Jellies; Meat Products; Animal Nutrition and Feed

Subsegments:

1) By Plain Condensed Whey: Unflavored Plain Condensed Whey; Unsweetened Plain Condensed Whey
2) By Sweetened Condensed Whey: Sugar-Sweetened Condensed Whey; High Fructose Corn Syrup-Sweetened Condensed Whey
3) By Condensed Acid Whey: Acid Whey from Cheese Production; Acid Whey from Yogurt Production

Key Companies Mentioned: Agri-Mark Inc.; Berkshire Dairy and Food Products LLC.; Chicago Dairy Corporation; Dairy Farmers of America; Foremost Farms USA Cooperative Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Agri-Mark Inc.
  • Berkshire Dairy and Food Products LLC.
  • Chicago Dairy Corporation
  • Dairy Farmers of America
  • Foremost Farms USA Cooperative Inc.
  • Associated Milk Producers Inc.
  • Leprino Foods Company Inc.
  • Fonterra Co-operative Group Limited
  • Saputo Inc.
  • Agropur Dairy Cooperative
  • Optimum Nutrition Inc.
  • Arla Foods AMBA
  • Glanbia plc
  • Lactalis Group
  • Hilmar Cheese Company Inc.
  • Kerry Group plc
  • Lacto Japan Co. Ltd.
  • Royal FrieslandCampina NV
  • Darigold Inc.
  • Schreiber Foods Inc.
  • California Dairies Inc.
  • Land O'Lakes Inc.
  • First District Association
  • Great Lakes Cheese Co. Inc.
  • Kraft Food Ingredients Corp.
  • Milk Specialties Global Co.
  • Pacific Cheese Co. Inc.
  • Prairie Farms Dairy Inc.
  • Savencia Fromage & Dairy Pvt. Ltd.
  • Swiss Valley Farms Cooperative

Table Information