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Dairy Blends Market Global Forecast Report by Types, Application, Products, Countries and Company Analysis 2024-2032

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    Report

  • 200 Pages
  • October 2024
  • Region: Global
  • Renub Research
  • ID: 6010051
The global dairy blend market is expected to grow from US$ 4.18 billion in 2023 to US$ 8.19 billion by 2032, under a CAGR of 7.76% between 2024 and 2032. This particular growth is attributed by the higher frequency of consumption of flexible dairy products which is brought about by growth in demand, innovations in blending solutions and awareness on daily health. Convenient in terms of functional characteristics and versatile in application in other foods, dairy blends drive the high growth of the market over the forecast period.

Dairy Blends Market Outlooks

Dairy blends refer to the incorporation of various forms of dairy products including milk, cream, butter, or powdered milk in a way that supports certain functional and nutritional requirements. These blends are developed to assist in improving on taste, dough stability and texture of foods and baked goods. Some of them may be as follows when combining two types of dairy products - the milk and cream for richer types of milk or milk powder and the whey for better protein quality. Dairy blends are versatile and are used in the processed cheese, yogurt, ice cream, and baked products. They are also involved in enhancing the efficiency of costs associated with the ingredients used in food production with no compromise on the quality of the product.

Driving Forces of the Dairy Blends Market

Rising Consumer Demand for Functional Foods

The increasing consumer preference for functional foods is a significant driver of the dairy blend market. Consumers seek products that offer additional health benefits beyond essential nutrition, such as improved digestion, enhanced immunity, and better overall well-being. Dairy blends, which combine various dairy ingredients to enhance nutritional profiles and functionality, cater to this demand. Products like fortified yogurts, protein-enriched milk, and functional dairy beverages are becoming popular as consumers prioritize health and wellness, thereby boosting the growth of the dairy blend market. Nearly about 55 percent of the total consumers in US would purchase more of dairy products if producers make social sensitivity to the environment in July 2024. To adapt the emerging tendencies in consumers’ preferences, increase sustainability and build a better future for dairy farming, these methods have to be applied, As per The Bullvine.

Innovations in Dairy Processing Technologies

Increase in dairy processing technologies is equally affecting the dairy blend market. Improvement on blending technology, homogenization, and new methods of preservation improve on the quality, taste and shelf life of dairy blends. These technologies make it possible to produce dairy product to fit the convenience, taste and specific functionality a consumer may desire. Another set of factors relates to the creation of new formulations and processes for producing nutritious but lower-cost dairy blends that drive market development and attract new manufacturers and consumers. Lactose-free Greek yoghurt made from A2 cow milk with protein content of 7.5% have been introduced by Skyrrup in August 2023. The yogurt as a dish serves the purpose of offering nourishment and at the same time gives the needed satisfaction for the taste buds.

Growing Applications in the Food and Beverage Industry

The increasing uses of the dairy blends in food and beverages industry are fostering the market growth. The primary functions of dairy blends are flavor Profile, texture property and mouth feel of products like processed cheese, ice cream, yogurt, bakery products etc. Because of this, manufacturers can offer a wide range of products that best suit the consumer tastes as well as their nutrition requirements. It is for these reasons that the food and beverages sector is continuously expanding with Dairy Blends to drive more market and future growth opportunities. The United Nations Conference on Trade and Development has estimated that the proportion of the urban population is set to rise to 56.9% in 2022. It is more evident in the developed parts at 79.7% as compared to the developing regions (52.3%).

United States Dairy Blends Market

The United States dairy blend market is growing since the consumers are opting towards healthier and better-quality foods products. Almost everywhere in the United States use dairy products in their diets, and innovations in dairy processing, including the methods of blending and formulations have led to high demand of the market. Dairy blends are used widely in products such as fortified yogurts, protein milk products and processed cheeses, regulating the flavor and texture and nutritional values. Furthermore, the increasing awareness of the consumer’s health and the increasing use of functional foods thus results into the growth of the market. July 2022, as USA food and beverage industry increases and becomes more selective, consumers in the United States of America also consider using diverse and better-quality dairy blends that cater for their vegetarian, flexitarian and plant-based diets for their baby’s meal needs hence Danone introduces the new Dairy & Plants Blend baby formula.

Germany Dairy Blends Market

Currently, Germany is currently witnessing growth of the dairy blend market due to changing consumer preferences towards functional and healthy foods. Advancements in dairy technologies and creating better ranges of products include new blends, high protein and fortified dairy products improve market propositions. Dairy blends are incorporated in yogurt, cheese and beverages among others, for enhancing on the taste, texture, and nutritional values in the products. This is since Germany is well known to embrace high quality foods and health relating trends hence fostering the market’s growth. While consumers look for convenience, variety, and product that are good for their health, dairy blends remain popular in Germany. July 2023, Germany’s Leading Dairy Group DMK Group Further Extends Vegan Portfolio with Cheese Shreds and Infant Jar Meals.

India Dairy Blends Market

The Indian dairy blend category is expanding fast because of the increasing consumer interest in healthful and all-purpose dairy products. There is an escalating customer focus on physical health as well as development in technology when it comes to processing dairy foodstuff that is being experienced as the market moves forward. Dairy blends are incorporated in fortified milk, yoghurt and flavoured dairy drinks to improve taste, texture as well as nutritional quality. Driving force for the market include the food and beverage industry, increase in middle income earners, and population growth in the urban area. Also, the availability of cheap and readily available dairy blend products is useful in improving the uptake of the product in India. In September, 2024 Parle Agro introduced SMOODH Lassi as a new brand under dairy attribute of its corporate portfolio to revolutionize the Indian dairy market for lassi.

Saudi Arabia Dairy Blends Market

The Saudi Arabia dairy blend market is anticipated to grow over coming years due to increasing awareness among consumers to adopt healthy foods from dairy products category. The market also enjoys improvements in technologies of dairy processing and innovations in value added products as the fortified milk and various blended milk products. Some key factors are the factors such as growing health consciousness and shift in trend towards active health food products or functional foods that will help to drive the market. Also, the growth of modern retailing outlets as well as changes in global trends in food consumption and processing contribute to the need to develop a wide variety of dairy blends. With all developments happening to Saudi Arabia’s F&B sector, the desire for multipurpose and nutritional-improving dairy blends are also increasing. In September 2023 and Noug, Saudi’s first camel milk product company unveiled the first store in Al-Malqa of Riyadh.

Global Dairy Blends Company Analysis

Prominent player in the Dairy Blends Market are Cargill Foods, Kerry Foods, Archer Daniels Midland, Tate & Lyle, Aak AB, Dana Foods Inc, Royal FrieslandCampina N.V., and Galloway Company.

Global Dairy Blends Company News

In March 2024, Kerry Dairy launched a new hybrid line called Smug Dairy, combining oats and traditional dairy. The range includes six offerings, including innovative cheddar cheese substitutes, butter variations, and unique hybrid milk, to be released this spring in major UK supermarkets like Sainsbury's, Tesco, Morrison's, and The Co-op.

In July 2022, Danone introduced a new Dairy & Plants Blend baby formula to meet the demand for feeding options compatible with vegetarian, flexitarian, and plant-based lifestyles without compromising babies' nutritional needs. This formula is the first designed explicitly for a vegetarian diet and contains over half of the essential protein content sourced from soy.

In January 2022, IFF (International Flavors & Fragrances) Inc. introduced four new cultures as part of its YO-MIX PRIME series for yogurt producers. These cultures help dairy manufacturers overcome production challenges and expand their offerings with premium-quality dairy products.

Type - Market has been covered from 5 viewpoints:

1. Dairy Mixtures
2. Dairy/Non-dairy ingredient
3. Dairy as Functional
4. Dairy as Carrier
5. Others

Application - Market has been covered from 4 viewpoints:

1. Bakery
2. Ice-cream
3. Infant Formula
4. Others

Product - Market has been covered from 3 viewpoints:

1. Powder
2. Spreadable
3. Liquid

Country - Global Dairy Blends Market

North America

  • United States
  • Canada

Europe

  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Belgium
  • Netherlands
  • Turkey

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Thailand
  • Malaysia
  • Indonesia
  • New Zealand

Latin America

  • Brazil
  • Mexico
  • Argentina

Middle East & Africa

  • South Africa
  • Saudi Arabia
  • United Arab Emirates

Key Players have been covered from 5 viewpoints:

1. Overviews
2. Key Person
3. Recent Developments & Strategies
4. Product Portfolio & Product Launch in Last 1 Year
5. Revenue

Company Analysis:

1. Cargill Foods
2. Kerry Foods
3. Archer Daniels Midland
4. Tate & Lyle
5. Aak AB
6. Dana Foods Inc
7. Royal FrieslandCampina N.V
8. Galloway

Table of Contents

1. Introductions2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Driver
4.2 Challenges
5. Global Dairy Blends Market
6. Market Share Analysis
6.1 By Type
6.2 By Application
6.3 By Product
6.4 By Country
7. Types
7.1 Dairy Mixtures
7.2 Dairy/Nondairy ingredient
7.3 Dairy as Functional
7.4 Dairy as Carrier
7.5 Others
8. Application
8.1 Bakery
8.2 Ice-cream
8.3 Infant Formula
8.4 Others
9. Products
9.1 Powder
9.2 Spreadable
9.3 Liquid
10. Country
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 South Korea
10.3.6 Thailand
10.3.7 Malaysia
10.3.8 Indonesia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 South Africa
10.5.2 Saudi Arabia
10.5.3 United Arab Emirates
11. Porter’s Five Forces
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 Cargill Foods
13.1.1 Overviews
13.1.2 Key Person
13.1.3 Recent Developments & Strategies
13.1.4 Product Portfolio & Product Launch in Last 1 Year
13.1.5 Revenue
13.2 Kerry Foods
13.2.1 Overviews
13.2.2 Key Person
13.2.3 Recent Developments & Strategies
13.2.4 Product Portfolio & Product Launch in Last 1 Year
13.2.5 Revenue
13.3 Archer Daniels Midland
13.3.1 Overviews
13.3.2 Key Person
13.3.3 Recent Developments & Strategies
13.3.4 Product Portfolio & Product Launch in Last 1 Year
13.3.5 Revenue
13.4 Tate & Lyle
13.4.1 Overviews
13.4.2 Key Person
13.4.3 Recent Developments & Strategies
13.4.4 Product Portfolio & Product Launch in Last 1 Year
13.4.5 Revenue
13.5 Aak AB
13.5.1 Overviews
13.5.2 Key Person
13.5.3 Recent Developments & Strategies
13.5.4 Product Portfolio & Product Launch in Last 1 Year
13.5.5 Revenue
13.6 Dana Foods Inc.
13.6.1 Overviews
13.6.2 Key Person
13.6.3 Recent Developments & Strategies
13.6.4 Product Portfolio & Product Launch in Last 1 Year
13.6.5 Revenue
13.7 Royal FrieslandCampina N.V.
13.7.1 Overviews
13.7.2 Key Person
13.7.3 Recent Developments & Strategies
13.7.4 Product Portfolio & Product Launch in Last 1 Year
13.7.5 Revenue
13.8 Galloway Company
13.8.1 Overviews
13.8.2 Key Person
13.8.3 Recent Developments & Strategies
13.8.4 Product Portfolio & Product Launch in Last 1 Year
13.8.5 Revenue

Companies Mentioned

  • Cargill Foods
  • Kerry Foods
  • Archer Daniels Midland
  • Tate & Lyle
  • Aak AB
  • Dana Foods Inc.
  • Royal FrieslandCampina N.V.
  • Galloway Company

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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