Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 63281.50 Million | USD 95502.25 Million | 7.1% | 2021 |
FrequentlyAsked Questions
Increasing consumption of dairy ingredients and a rising focus on health and fitness are some major trends that guide the dairy ingredient market growth.
According to a study, the global dairy ingredient market size was worth around USD 63281.50 million in 2021 and is expected to reach USD 95502.25 million by 2028 at a CAGR of 7.1% during the forecast period.
Asia Pacific is expected to dominate the dairy ingredient market over the forecast period.
Leading players in the global dairy ingredient market include Nestle S.A., Fonterra Cooperative Group, Royal FrieslandCampina N.V., Arla Foods, Lactalis Group, Dairy Farmers of America Inc., Agropur Cooperative, Schreiber Foods Inc., Savencia S.A., Glanbia PLC., Gujarat Cooperative Milk Marketing Federation Ltd. (AMUL), Meiji Holdings Co., Ltd., Mengniu Dairy Co., Ltd., Megmilk Snow Brand Co., Ltd., Yili China, Saputo Inc., Kraft Heinz Company, Agropur Inc, and Morinaga Milk Co., Ltd., among others.
The dairy ingredient market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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