The dairy blends market, based on type, has been segmented into dairy mixtures, dairy/non-dairy ingredients, dairy as functional ingredient, dairy as carrier, and others. Dairy/non-dairy ingredients accounted for a largest market share in 2015. This type has a wide range of applications in different industries such as infant formula, dairy formulations, bakery, other dairy products, nutritional bars/nutritional formula, cocoa, and confectionery.
The market, based on application, has been segmented into ice cream, yogurt, infant formula, bakery, feed, butter & cheese blends, beverages, and others. The bakery segment accounted for the largest share of the market in 2015. Increase in health-consciousness, is fueling the demand for low-calorie bakery products among consumers. This is expected to drive the market for dairy blends as functional ingredients in this particular segment. Dairy blends are cost-effective alternatives to butter, with lower fat content, and do not have the negative impact on the taste of the products like margarine does. Hence, their demand in the bakery industry as a replacement for these two ingredients is increasing.
The global Dairy Blends market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of 7.9% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Dairy Blends market based on company, product type, end user and key regions.
This report studies the global market size of Dairy Blends in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Dairy Blends in these regions.
This research report categorizes the global Dairy Blends market by top players/brands, region, type and end user. This report also studies the global Dairy Blends market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Fonterra Co-Operative Group Limited
Royal Frieslandcampina N.V.
Intermix Australia Pty Ltd.
Advanced Food Products LLC
Galloway Company, Inc.
Cape Food Ingredients
Market size by Product
Dairy as functional ingredient
Dairy as carrier
Others (combinations, dairy/protein derivatives, and dairy/non-dairy fat component)
Market size by End User
Butter & cheese spreadable blends
Others (cocoa preparations, chocolate, and confectionery)
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Dairy Blends market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Dairy Blends market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Dairy Blends companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Dairy Blends submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Dairy Blends are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Dairy Blends market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.