What is the Historical Analysis of the Dairy Blends Market Size?
The dairy blends market has seen considerable growth due to a variety of factors.
• The market size of dairy blends has seen considerable growth in the past few years. The market size is projected to increase from $3.96 billion in 2024 to $4.27 billion in 2025, with an impressive compound annual growth rate (CAGR) of 7.8%. The surge in the past can be credited to factors such as evolving consumer tastes, cost-effectiveness, enhanced shelf life, the broad reach of the food industry, as well as functional and nutritional improvements.
What Does Future Hold for The Dairy Blends Market Size?
The Dairy Blends market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of dairy blends is predicted to experience significant expansion in the coming years, reaching $5.94 billion by 2029 with a compound annual growth rate (CAGR) of 8.7%.
This surge during the projection period can be credited to improvements in supply chain, increasing demand in emerging markets, and varied food applications. Key trends expected during this period encompass regional and ethnic differences, advancements in packaging, transparency, and traceability, culinary creativity and applications, options free of allergens, marketing tactics, and product novelty.
What Are The Primary Growth Drivers In The Dairy Blends Market?
The projected growth in the dairy blend market is anticipated to be driven by an upswing in milk production used in a variety of dairy products. The term 'milk production' pertains to the milk generated for an array of milk or dairy products. Due to growing health consciousness, consumers have shown a keen interest in dairy items. Milk, being a rich source of protein, is widely used in creating different dairy blends. Consequently, an elevation in milk production translates into stronger demand in the dairy blend market. For example, data published by The United States Department of Agriculture, a US executive department, in June 2023 showed that milk production in the US for May 2023 hit 19.9 billion pounds. This marked a 0.6 percent increase compared to May 2022. Hence, the growth in milk production used for multiple dairy items underpins the expansion of the dairy blend market.
What Is The Segmentation Of The Global Dairy Blends Market?
The dairy blends market covered in this report is segmented –
1) By Type: Dairy Mixture, Dairy Or Non Dairy Ingredients, Dairy As A Functional Ingredient, Dairy As A Carrier
2) By Form: Spreadable, Liquid, Powder
3) By Flavor: Regular, Flavored
4) By Distribution Channel: B2B, B2C
5) By Application: Ice Cream And Frozen Desserts, Sweet And Savory Snacks, Bakery And Confectionery, Infant Nutrition And Baby Food, Beverages, Meat, Seafood, Dietary Supplements
Subsegments:
1) By Dairy Mixture: Whole Dairy Blend, Skim Dairy Blend, Cream Dairy Blend
2) By Dairy Or Non-Dairy Ingredients: Dairy And Plant-Based Blends, Dairy And Alternative Protein Blends
3) By Dairy As A Functional Ingredient: Protein-Enriched Dairy Blends, Probiotic Dairy Blends
4) By Dairy As A Carrier: Flavor Carriers, Nutrient Carriers
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What Emerging Trends Are Shaping The Dairy Blends Market Landscape?
The prevailing trend in the dairy blend market is product innovation. The primary businesses in this domain are concentrating on producing new products to satisfy consumer needs. For instance, in June 2022, Danone, a French company active in the dairy blends realm, introduced an innovative baby formula comprised of dairy and plant blends, offering parents an enhanced feeding choice for their infants. This one-of-a-kind formula amalgamates dairy blends with plant-based nutrients, ensuring comprehensive nutrition for infants, including plant proteins, fats, and fibers. Remarkably, this is the inaugural baby formula that has a mix of 60% plant proteins and 40% dairy proteins.
Who Are the Key Players In The Dairy Blends Market?
Major companies operating in the dairy blends market include:
• Cape Food Ingredients West Africa Ltd.
• All American Foods Inc.
• Cargill Incorporated
• Fonterra Co-operative Group Limited
• Kerry Group PLC
• Royal FrieslandCampina NV
• Döhler Inc.
• Agropur Ingredients LLC
• Advanced Food Products LLC
• Glanbia PLC
• Galloway Company Inc.
• Interfood Holding B.V.
• Intermix Australia Pty Ltd.
• Ace International LLP
• Dairy Farmers of America Inc.
• Danone SA
• Nestlé SA
• Dean Foods Company
• Land O'Lakes Inc.
• Archer Daniels Midland Company (ADM)
• Batory Foods
• Bunge Limited
• Foremost Farms USA Cooperative
• Idaho Milk Products Inc.
• Lactalis Ingredients SA
• Leprino Foods Company
• MCT Dairies Inc.
• Milk Specialties Global Co.
• Pacific Dairy Ingredients Inc.
• Westland Co-operative Dairy Company Limited
What Are The Regional Insights Into The Dairy Blends Market?
Asia-Pacific was the largest region in the dairy blends market share in 2024. The regions covered in the dairy blends market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
