Table of Content


1 INTRODUCTION 22
1.1 OBJECTIVES OF THE STUDY 22
1.2 MARKET DEFINITION 22
1.3 MARKET SEGMENTATION 23
1.4 REGIONS COVERED 24
1.5 PERIODIZATION CONSIDERED 24
1.6 CURRENCY 25
1.7 UNIT CONSIDERED 25
1.8 STAKEHOLDERS 26

2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
2.1.1 SECONDARY DATA 28
2.1.1.1 Key Data from Secondary Sources 28
2.1.2 PRIMARY DATA 29
2.1.2.1 Key Data from Primary Sources 29
2.1.2.2 Breakdown of Primaries 30
2.2 MARKET SIZE ESTIMATION 31
2.2.1 BOTTOM-UP APPROACH 32
2.2.2 TOP-DOWN APPROACH 33
2.3 DATA TRIANGULATION 34
2.4 ASSUMPTIONS FOR THE STUDY 35
2.5 LIMITATIONS OF THE STUDY 36

3 EXECUTIVE SUMMARY 37

4 PREMIUM INSIGHTS 43
4.1 OPPORTUNITIES IN THE DAIRY INGREDIENTS MARKET 43
4.2 DAIRY INGREDIENTS MARKET: KEY COUNTRIES 44
4.3 DAIRY INGREDIENTS MARKET, BY TYPE AND REGION 45
4.4 DAIRY INGREDIENTS MARKET, BY FORM 46
4.5 EUROPE: DAIRY INGREDIENTS MARKET, BY TYPE AND COUNTRY 47

5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 EVOLUTION 51
5.3 MARKET DYNAMICS 52
5.3.1 DRIVERS 53
5.3.1.1 Increasing awareness about health and wellness 53
5.3.1.1.1 Increasing application in the nutrition and convenience food sectors 54
5.3.1.2 Increasing dairy production 55
5.3.1.2.1 Growing demand for dairy products 55
5.3.1.3 Technological advancements to enhance production efficiency 57
5.3.1.4 Abolition of milk quota in the European Union 58
5.3.2 RESTRAINTS 58
5.3.2.1 Growing demand for alternatives, such as plant protein 58
5.3.2.1.1 Consumer inclination toward vegan products 58
5.3.2.2 Health risks associated with whey protein 59
5.3.3 OPPORTUNITIES 59
5.3.3.1 Emerging markets: New growth frontiers 59
5.3.3.2 Functional potential of dairy ingredients in new products 59
5.3.3.3 Support by government and non-government bodies in funding SMEs and startups to support dairy businesses 59
5.3.3.4 Emerging application areas 60
5.3.3.4.1 Energy & sports drinks 60
5.3.3.4.2 Fortified products 61
5.3.3.4.3 Carbonated dairy drinks 61
5.3.4 CHALLENGES 62
5.3.4.1 High capital investment in manufacturing dairy ingredients 62
5.3.4.2 Increasing incidences of lactose intolerance and allergies 62
5.3.4.3 Adulteration of dairy products creating a challenge to manufacture quality ingredients 62

6 INDUSTRY TRENDS 63
6.1 INTRODUCTION 63
6.2 VALUE CHAIN 63
6.2.1 RESEARCH & DEVELOPMENT 64
6.2.2 INPUTS 64
6.2.3 PROCESSING 64
6.2.4 LOGISTICS & DISTRIBUTION 64
6.2.5 MARKETING & SALES 64
6.3 SUPPLY CHAIN 65
6.3.1 DAIRY FARMERS 65
6.3.2 DAIRY EQUIPMENT MANUFACTURERS 65
6.3.3 DAIRY PROCESSORS 66
6.3.4 DISTRIBUTORS 66
6.3.5 END USERS 66
6.4 PEST ANALYSIS 67
6.4.1 POLITICAL FACTORS 67
6.4.1.1 Regulatory impact on dairy product processing 67
6.4.1.1.1 Justice Law, Canada 67
6.4.1.1.1.1 Advertisement for international and interprovincial trade 67
6.4.1.1.1.2 Exports of dairy products from Canada 67
6.4.1.1.1.3 Import of dairy products in Canada 68
6.4.1.1.2 EU regulation on milk and milk products 68
6.4.1.1.2.1 General dairy conditions 68
6.4.1.1.2.2 Specific dairy rules 68
6.4.1.1.3 USFDA – US Food and Drug Administration inspection guide 69
6.4.1.1.3.1 Regulation for raw milk receiving 69
6.4.1.1.3.2 Regulation for raw milk processing 69
6.4.2 ECONOMIC FACTORS 70
6.4.2.1 Developing economies, GDP (Purchasing Power Parity) 70
6.4.2.2 Increase in the middle-class population 70
6.4.3 SOCIAL FACTORS 71
6.4.3.1 Increasing milk & milk product consumption 71
6.4.3.2 Aging population growth 72
6.4.4 TECHNOLOGICAL FACTORS 72
6.4.4.1 Product advancements and latest trends 72
6.4.4.2 Research & development of dairy processing equipment & technology by dairy equipment manufacturers 73
6.5 YC-YCC SHIFT 74

7 DAIRY INGREDIENTS MARKET, BY TYPE 75
7.1 INTRODUCTION 76
7.2 PROTEINS 78
7.2.1 WHEY PROTEIN CONCENTRATES 80
7.2.1.1 Whey protein concentrates are one of the ideal sources of proteins 80
7.2.2 WHEY PROTEIN ISOLATES 80
7.2.2.1 Whey protein isolates find wide applications in sports drinks and health food 80
7.2.3 CASEIN & CASEINATES 80
7.2.3.1 Casein & caseinates have multiple functions in the food and non-food sectors 80
7.2.4 MILK PROTEIN CONCENTRATES 81
7.2.4.1 Milk protein concentrates are ingredients for protein-enriched food & beverage products owing to their high-protein and low-lactose ratio 81
7.2.5 MILK PROTEIN ISOLATES 82
7.2.5.1 Milk protein isolates can be an alternative for whey proteins, as they are less expensive 82
7.2.6 MILK PROTEIN HYDROLYSATES 83
7.2.6.1 Milk protein hydrolysates are popular ingredients for infant formulas 83
7.3 MILK POWDER 83
7.3.1 SKIMMED MILK POWDER 85
7.3.1.1 Skimmed milk powder is used to manufacture products at high temperatures 85
7.3.2 WHOLE MILK POWDER 85
7.3.2.1 Whole milk powder is a popular dairy ingredient among ice cream, confectionery, and yogurt manufacturers 85
7.4 MILK FAT CONCENTRATES 85
7.4.1 MILK FAT CONCENTRATES ARE IDEAL FOR THE PREPARATION OF FOOD PRODUCTS WITH RICH, CREAMY TEXTURES WITHOUT HIGH CALORIES 85
7.5 LACTOSE & ITS DERIVATIVES 87
7.5.1 LACTOSE IS AN EXCELLENT SOURCE OF PROBIOTICS TO ENHANCE GUT HEALTH 87
7.6 OTHER TYPES 88
7.6.1 MILK AND WHEY PEPTIDES, COLOSTRUM, AND OTHER DAIRY PROTEIN FRACTIONS ARE EXCELLENT SOURCES OF ACTIVE BIOLOGICAL INGREDIENTS 88

8 DAIRY INGREDIENTS MARKET, BY LIVESTOCK 90
8.1 INTRODUCTION 91
8.2 COWS 92
8.2.1 HIGH PRODUCTION AND EASY AVAILABILITY OF COW MILK DRIVING THE MARKET GROWTH 92
8.3 OTHER LIVESTOCK 93

9 DAIRY INGREDIENTS MARKET, BY APPLICATION 94
9.1 INTRODUCTION 95
9.2 BAKERY & CONFECTIONERY 96
9.2.1 MULTIFUNCTIONALITY OF DAIRY INGREDIENTS IN THE BAKERY INDUSTRY DRIVING MARKET GROWTH 96
9.3 DAIRY PRODUCTS 98
9.3.1 MILK POWDERS REPLACE FRESH MILK DURING THE PRODUCTION OF DAIRY PRODUCTS 98
9.4 SPORTS NUTRITION PRODUCTS 99
9.4.1 HIGH DEMAND FOR WHEY PROTEINS AND MILK POWDERS TO DRIVE THE MARKET FOR DAIRY INGREDIENTS 99
9.5 INFANT FORMULAS 100
9.5.1 BUSIER & SEDENTARY LIFESTYLES TO DRIVE THE INFANT FORMULAS MARKET 100
9.6 OTHER APPLICATIONS 101

10 DAIRY INGREDIENTS MARKET, BY FORM 102
10.1 INTRODUCTION 103
10.2 DRY 104
10.2.1 INCREASED POPULARITY OF DRY DAIRY INGREDIENTS DUE TO THEIR HIGH SHELF LIVES 104
10.3 LIQUID 105
10.3.1 LIQUID DAIRY INGREDIENTS ARE POPULARLY USED IN INFANT FORMULAS AND BEVERAGES 105

11 DAIRY INGREDIENTS MARKET, BY FUNCTIONALITY 106
11.1 INTRODUCTION 106
11.2 EMULSIFICATION, FOAMING, AND THICKENING 106
11.2.1 DAIRY INGREDIENTS PROVIDE EXCELLENT TEXTURE AND FLAVOR WITH A FRACTION OF FAT AND CALORIES IN RECIPES 106
11.3 COLOR, FLAVOR, AND TEXTURE 106
11.3.1 DAIRY INGREDIENTS ARE USED AS BROWNING AGENTS FOR BAKERY PRODUCTS 106
11.4 GELATION 107
11.4.1 GELATION PROPERTY MAKES DAIRY INGREDIENTS VERSATILE COMPOUNDS TO BE USED IN THE CONFECTIONERY AND BAKERY INDUSTRIES 107
11.5 SOLUBILITY AND HEAT STABILITY 107
11.5.1 SOLUBILITY AND HEAT STABILITY ARE IMPORTANT FACTORS FOR BEVERAGE PREPARATION 107
12 DAIRY INGREDIENTS MARKET, BY REGION 108
12.1 INTRODUCTION 109
12.2 NORTH AMERICA 112
12.2.1 US 117
12.2.1.1 The US is one of the leading exporters of whey proteins in the world 117
12.2.2 CANADA 118
12.2.2.1 Surplus production of skimmed milk powders in the country to drive demand 118
12.2.3 MEXICO 120
12.2.3.1 High imports of dairy ingredients to suffice demand in the country 120
12.3 EUROPE 121
12.3.1 GERMANY 127
12.3.1.1 Demand for ready-to-drink health beverages and sports drinks driving the market for dairy ingredients 127
12.3.2 UK 128
12.3.2.1 Rising investments in healthy food to curb chronic diseases, such as obesity, to drive demand 128
12.3.3 FRANCE 129
12.3.3.1 Innovative and functional bakery and confections to drive market growth 129
12.3.4 POLAND 130
12.3.4.1 Increased demand for low-fat dairy products in the country 130
12.3.5 ITALY 131
12.3.5.1 The rise in popularity of ready-to-eat food & beverages has increased the demand for dairy ingredients 131
12.3.6 IRELAND 132
12.3.6.1 Aging population demanding more functional and fortified foods 132
12.3.7 NETHERLANDS 133
12.3.7.1 Increase in the processing units driving the dairy ingredients market 133
12.3.8 REST OF EUROPE 134
12.4 ASIA PACIFIC 135
12.4.1 CHINA 141
12.4.1.1 Increased application in infant nutrition driving market growth 141
12.4.2 INDIA 143
12.4.2.1 Economic growth and rise in the disposable income driving the market 143
12.4.3 JAPAN 144
12.4.3.1 High demand for confectionery and bakery products to drive demand 144
12.4.4 AUSTRALIA 146
12.4.4.1 Growing innovations in the functional dairy ingredients market to drive demand in the country 146
12.4.5 NEW ZEALAND 148
12.4.5.1 High milk production in New Zealand opens growth opportunities for the export of dairy ingredients 148
12.4.6 REST OF ASIA PACIFIC 149
12.5 SOUTH AMERICA 150
12.5.1 BRAZIL 155
12.5.1.1 Recent exemption in tax and advancement in technology driving the market growth 155
12.5.2 ARGENTINA 156
12.5.2.1 Rising cases of obesity and heart diseases to drive market growth 156
12.5.3 REST OF SOUTH AMERICA 157
12.6 REST OF THE WORLD 158
12.6.1 SOUTH AFRICA 162
12.6.1.1 Versatile application of dairy ingredients in ready-to-eat food and beverages has increased their consumption 162
12.6.2 MIDDLE EAST 163
12.6.2.1 Changes in lifestyles have led to the increased consumption of functional food 163
12.6.3 OTHERS IN ROW 164

13 COMPETITIVE LANDSCAPE 165
13.1 OVERVIEW 165
13.2 COMPETITIVE LEADERSHIP MAPPING 166
13.2.1 DYNAMIC DIFFERENTIATORS 166
13.2.2 INNOVATORS 166
13.2.3 VISIONARY LEADERS 166
13.2.4 EMERGING COMPANIES 166
13.3 COMPETITIVE BENCHMARKING 169
13.3.1 STRENGTH OF PRODUCT PORTFOLIO 169
13.3.2 BUSINESS STRATEGY EXCELLENCE 170
13.4 COMPETITIVE SCENARIO 171
13.4.1 EXPANSIONS & INVESTMENTS 171
13.4.2 NEW PRODUCT LAUNCHES 172
13.4.3 MERGERS & ACQUISITIONS 173
13.4.4 AGREEMENTS, JOINT VENTURES, AND PARTNERSHIPS 174
13.5 COMPETITIVE LEADERSHIP MAPPING (STARTUP/SME) 176
13.5.1 PROGRESSIVE COMPANIES 176
13.5.2 STARTING BLOCKS 176
13.5.3 RESPONSIVE COMPANIES 176
13.5.4 DYNAMIC COMPANIES 177
13.6 COMPETITIVE BENCHMARKING 178
13.6.1 STRENGTH OF PRODUCT PORTFOLIO 178
13.6.2 BUSINESS STRATEGY EXCELLENCE 178

14 COMPANY PROFILES 179
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
14.1 FRIESLANDCAMPINA 179
14.2 FONTERRA CO-OPERATIVE GROUP 183
14.3 ARLA FOODS 186
14.4 GLANBIA 189
14.5 KERRY GROUP 192
14.6 DAIRY FARMERS OF AMERICA 195
14.7 GROUPE LACTALIS 197
14.8 ORNUA 199
14.9 SAPUTO 200
14.10 VOLAC INTERNATIONAL LTD. 202
14.11 EPI INGREDIENTS 203
14.12 PROLACTAL 204
14.13 HOOGWEGT GROUP 206
14.14 BATORY FOODS 208
14.15 VALIO 209
14.16 INGREDIA SA 211
14.17 CAYUGA DAIRY INGREDIENTS 213
14.18 INTERFOOD 214
14.19 AMCO PROTEINS 215
14.20 VALFOO 217
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

15 APPENDIX 218
15.1 DISCUSSION GUIDE 218
15.2 KNOWLEDGE STORE 224
15.3 AVAILABLE CUSTOMIZATIONS 226
15.4 RELATED REPORTS 227
15.5 AUTHOR DETAILS 228



List of Figures




FIGURE 1 DAIRY INGREDIENTS MARKET: RESEARCH DESIGN 27
FIGURE 2 DATA TRIANGULATION METHODOLOGY 34
FIGURE 3 DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK, 2019 VS. 2025 (USD MILLION) 39
FIGURE 4 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2019 VS. 2025 (USD MILLION) 40
FIGURE 5 DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION 2019 VS. 2025 (USD MILLION) 41
FIGURE 6 DAIRY INGREDIENTS MARKET SHARE AND GROWTH (VALUE), BY REGION 42
FIGURE 7 INCREASING AWARENESS ABOUT HEALTH & WELLNESS AND GROWING APPLICATIONS IN NUTRITION & CONVENIENCE FOOD ARE DRIVING THE
MARKET FOR DAIRY INGREDIENTS 43
FIGURE 8 THE US DOMINATED THE DAIRY INGREDIENTS MARKET IN 2018 44
FIGURE 9 ASIA PACIFIC TO DOMINATE THE MILK POWDER SEGMENT IN 2018 45
FIGURE 10 THE DRY SEGMENT DOMINATED THE DAIRY INGREDIENTS MARKET 46
FIGURE 11 THE PROTEINS SEGMENT DOMINATED THE EUROPEAN REGION, BY TYPE, IN 2018 47
FIGURE 12 MILK PROCESSING TO OBTAIN MILK POWDER: PROCESS FLOW DIAGRAM 49
FIGURE 13 MILK PROCESSING TO OBTAIN MILK PROTEIN CONCENTRATE AND WHEY PROTEIN CONCENTRATE: PROCESS FLOW DIAGRAM 50
FIGURE 14 DAIRY PROCESSING EVOLUTION 51
FIGURE 15 MARKET DYNAMICS: DAIRY INGREDIENTS MARKET 52
FIGURE 16 HIGH DEMAND FOR PROTEIN WITNESSED IN THE DAILY DIET OF CONSUMERS
IN NORTH AMERICA IN 2018 (%) 53
FIGURE 17 SOLID COMPONENTS IN MILK (EXCLUDING FAT) (%) 54
FIGURE 18 WORLD DAIRY PRODUCTION, 2016-2019 (THOUSAND TONS) 55
FIGURE 19 MAJOR MARKETS OF US DAIRY EXPORTS, 2017 (USD MILLION) 56
FIGURE 20 DAIRY INGREDIENTS MARKET: VALUE CHAIN ANALYSIS 63
FIGURE 21 DAIRY INGREDIENTS MARKET: SUPPLY CHAIN ANALYSIS 65
FIGURE 22 DAIRY INGREDIENTS MARKET: PEST ANALYSIS 67
FIGURE 23 WORLD ANNUAL GDP GROWTH, 2012-2017 (%) 70
FIGURE 24 MIDDLE-CLASS POPULATION GROWTH INDEX, 2009-2030 (%) 71
FIGURE 25 MILK AND MILK PRODUCT CONSUMPTION INDEX, 2010-2020 (USD MILLION) 71
FIGURE 26 GROWTH IN GLOBAL AGING POPULATION, 2012-2017 (% OF TOTAL POPULATION) 72
FIGURE 27 YC-YCC SHIFT FOR THE DAIRY INGREDIENTS MARKET 74
FIGURE 28 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2019 VS. 2025 (USD MILLION) 76
FIGURE 29 NUMBER OF PRODUCTS LAUNCHED CONTAINING MPC AS AN INGREDIENT
(TOP 15 MAJOR SECTORS) 82
FIGURE 30 DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK, 2019 VS. 2025 (USD MILLION) 91
FIGURE 31 DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2019 VS. 2025
(USD MILLION) 95
FIGURE 32 DAIRY INGREDIENTS MARKET SIZE, BY FORM, 2019 VS. 2025 (USD MILLION) 103
FIGURE 33 DAIRY INGREDIENTS MARKET: BY KEY COUNTRY, CAGR (2019–2025) 110
FIGURE 34 DAIRY INGREDIENTS MARKET, BY REGION, 2019 VS. 2025 (USD MILLION) 110
FIGURE 35 NORTH AMERICA: REGIONAL SNAPSHOT 113
FIGURE 36 TOTAL CONSUMPTION OF DAIRY INGREDIENTS IN THE US, 2017-2025 (KT) 117
FIGURE 37 TOTAL CONSUMPTION OF DAIRY INGREDIENTS IN CANADA, 2017-2025 (KT) 119
FIGURE 38 TOTAL CONSUMPTION OF SKIMMED MILK POWDER & WHOLE MILK POWDER
IN MEXICO, 2017-2025 (KT) 120
FIGURE 39 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2019 VS. 2025 (USD MILLION) 122
FIGURE 40 DAIRY PROCESSING PRODUCTS IN THE NETHERLANDS 133
FIGURE 41 ASIA PACIFIC: REGIONAL SNAPSHOT 136
FIGURE 42 TOTAL CONSUMPTION OF SKIMMED & WHOLE MILK POWDER IN CHINA 2017-2025 (KT) 142
FIGURE 43 TOTAL CONSUMPTION OF SKIMMED MILK POWDER IN INDIA, 2017-2025 (KT) 143
FIGURE 44 TOTAL CONSUMPTION OF WHOLE MILK POWDER AND CASEIN IN JAPAN 2017-2025 (KT) 145
FIGURE 45 TOTAL CONSUMPTION OF SKIMMED MILK POWDER IN JAPAN, 2017-2025 (KT) 145
FIGURE 46 TOTAL CONSUMPTION OF SKIMMED & WHOLE MILK POWDER IN AUSTRALIA, 2017-2025 (KT) 147
FIGURE 47 TOTAL CONSUMPTION OF SKIMMED AND WHOLE MILK POWDER IN NEW ZEALAND, 2017-2025 (KT) 148
FIGURE 48 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2019 VS. 2025 (USD MILLION) 151
FIGURE 49 ROW: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2019 VS. 2025 (USD MILLION) 158
FIGURE 50 DAIRY INGREDIENTS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2018 167
FIGURE 51 KEY DEVELOPMENTS OF LEADING PLAYERS IN THE DAIRY INGREDIENTS MARKET, 2017–2019 168
FIGURE 52 DAIRY INGREDIENTS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2018 177
FIGURE 53 FRIESLANDCAMPINA: COMPANY SNAPSHOT 179
FIGURE 54 FRIESLANDCAMPINA: SWOT ANALYSIS 182
FIGURE 55 FONTERRA CO-OPERATIVE GROUP: COMPANY SNAPSHOT 183
FIGURE 56 FONTERRA CO-OPERATIVE GROUP: SWOT ANALYSIS 185
FIGURE 57 ARLA FOODS: COMPANY SNAPSHOT 186
FIGURE 58 ARLA FOODS: SWOT ANALYSIS 188
FIGURE 59 GLANBIA: COMPANY SNAPSHOT 189
FIGURE 60 GLANBIA: SWOT ANALYSIS 191
FIGURE 61 KERRY GROUP: COMPANY SNAPSHOT 192
FIGURE 62 KERRY GROUP: SWOT ANALYSIS 193
FIGURE 63 DAIRY FARMERS OF AMERICA: COMPANY SNAPSHOT 195
FIGURE 64 GROUPE LACTALIS: COMPANY SNAPSHOT 197
FIGURE 65 ORNUA: COMPANY SNAPSHOT 199
FIGURE 66 SAPUTO: COMPANY SNAPSHOT 200
FIGURE 67 VOLAC INTERNATIONAL LTD: COMPANY SNAPSHOT 202
FIGURE 68 PROLACTAL: COMPANY SNAPSHOT 204

 

List of Tables




TABLE 1 US DOLLAR EXCHANGE RATES CONSIDERED FOR THE STUDY, 2016–2018 25
TABLE 2 DAIRY INGREDIENTS MARKET SNAPSHOT, 2019 VS. 2025 38
TABLE 3 HISTORY OF DAIRY PROCESSING 51
TABLE 4 MILK PROTEIN CONCENTRATION (G/L) 54
TABLE 5 TOP TEN COUNTRIES EXPORTING DAIRY PRODUCTS, 2017 (MT AND USD MILLION) 56
TABLE 6 REPORTED OUTBREAKS OF ILLNESSES FROM DAIRY PRODUCTS IN THE US 2005–2016 62
TABLE 7 NEW PRODUCT LAUNCHES, 2017-2019 73
TABLE 8 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 77
TABLE 9 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (KT) 77
TABLE 10 PROTEINS: DAIRY INGREDIENTS MARKET SIZE, BY SUBTYPE 2017–2025 (USD MILLION) 78
TABLE 11 PROTEINS: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION 2017–2025 (USD MILLION) 79
TABLE 12 PROTEINS: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 79
TABLE 13 FUNCTIONAL PROPERTIES OF MILK PROTEIN CONCENTRATES AND
THEIR APPLICATIONS IN THE FINAL PRODUCT 81
TABLE 14 COMPOSITION OF MILK PROTEIN ISOLATES 82
TABLE 15 MILK POWDER: DAIRY INGREDIENTS MARKET SIZE, BY SUBTYPE 2017–2025 (USD MILLION) 83
TABLE 16 MILK POWDER: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION 2017–2025 (USD MILLION) 84
TABLE 17 MILK POWDER: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 84
TABLE 18 MILK FAT CONCENTRATES: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 86
TABLE 19 MILK FAT CONCENTRATES: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 86
TABLE 20 LACTOSE & ITS DERIVATIVES: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 87
TABLE 21 LACTOSE & ITS DERIVATIVES: DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 87
TABLE 22 OTHER TYPES: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION 2017–2025 (USD MILLION) 88
TABLE 23 OTHER TYPES: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 89
TABLE 24 DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK, 2017–2025 (USD MILLION) 91
TABLE 25 COWS: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 92
TABLE 26 OTHER LIVESTOCK: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 93
TABLE 27 DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2017–2025 (USD MILLION) 96
TABLE 28 BAKERY & CONFECTIONERY: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 97
TABLE 29 DAIRY PRODUCTS: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 98
TABLE 30 SPORTS NUTRITION PRODUCTS: DAIRY INGREDIENTS MARKET SIZE BY TYPE, 2017–2025 (USD MILLION) 99
TABLE 31 INFANT FORMULAS: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 100
TABLE 32 OTHER APPLICATIONS: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 101
TABLE 33 DAIRY INGREDIENTS MARKET SIZE, BY FORM, 2017–2025 (USD MILLION) 103
TABLE 34 DRY: DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 104
TABLE 35 LIQUID: DAIRY INGREDIENTS MARKET SIZE, BY REGION 2017–2025 (USD MILLION) 105
TABLE 36 DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (USD MILLION) 111
TABLE 37 DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2017–2025 (KT) 111
TABLE 38 TOTAL PRODUCTION OF DAIRY INGREDIENTS IN NORTH AMERICA, 2017-2022 (KT) 112
TABLE 39 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2017–2025 (USD MILLION) 113
TABLE 40 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2017–2025 (KT) 114
TABLE 41 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 114
TABLE 42 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR PROTEINS BY COUNTRY, 2017–2025 (USD MILLION) 114
TABLE 43 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER BY COUNTRY, 2017–2025 (USD MILLION) 115
TABLE 44 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR MILK FAT CONCENTRATES, BY COUNTRY, 2017–2025 (USD MILLION) 115
TABLE 45 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE &
ITS DERIVATIVES, BY COUNTRY, 2017–2025 (USD MILLION) 115
TABLE 46 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR OTHER TYPES BY COUNTRY, 2017–2025 (USD MILLION) 116
TABLE 47 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK 2017–2025 (USD MILLION) 116
TABLE 48 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY FORM 2017–2025 (USD MILLION) 117
TABLE 49 US: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 118
TABLE 50 CANADA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 119
TABLE 51 MEXICO: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 121
TABLE 52 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY/REGION 2017–2025 (USD MILLION) 122
TABLE 53 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY/REGION 2017–2025 (KT) 123
TABLE 54 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 123
TABLE 55 EUROPE: DAIRY INGREDIENTS MARKET SIZE FOR PROTEINS BY COUNTRY/REGION, 2017–2025 (USD MILLION) 124
TABLE 56 EUROPE: DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER BY COUNTRY/REGION, 2017–2025 (USD MILLION) 124
TABLE 57 EUROPE: DAIRY INGREDIENTS MARKET SIZE FOR MILK FAT CONCENTRATES BY COUNTRY/REGION, 2017–2025 (USD MILLION) 125
TABLE 58 EUROPE: DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE & ITS DERIVATIVES BY COUNTRY/REGION, 2017–2025 (USD MILLION) 125
TABLE 59 EUROPE: DAIRY INGREDIENTS MARKET SIZE FOR OTHER TYPES BY COUNTRY/REGION, 2017–2025 (USD MILLION) 126
TABLE 60 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK 2017–2025 (USD MILLION) 126
TABLE 61 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY FORM 2017–2025 (USD MILLION) 126
TABLE 62 GERMANY: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 127
TABLE 63 UK: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 128
TABLE 64 FRANCE: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 129
TABLE 65 POLAND: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 130
TABLE 66 ITALY: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 131
TABLE 67 IRELAND: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 132
TABLE 68 NETHERLANDS: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 134
TABLE 69 REST OF EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 135
TABLE 70 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2017–2025 (USD MILLION) 137
TABLE 71 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 2017–2025 (KT) 137
TABLE 72 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 138
TABLE 73 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE FOR PROTEINS BY COUNTRY, 2017–2025 (USD MILLION) 138
TABLE 74 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER BY COUNTRY, 2017–2025 (USD MILLION) 139
TABLE 75 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE FOR MILK FAT CONCENTRATES, BY COUNTRY, 2017–2025 (USD MILLION) 139
TABLE 76 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE &
ITS DERIVATIVES, BY COUNTRY, 2017–2025 (USD MILLION) 140
TABLE 77 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE FOR OTHER TYPES BY COUNTRY, 2017–2025 (USD MILLION) 140
TABLE 78 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK 2017–2025 (USD MILLION) 140
TABLE 79 ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY FORM 2017–2025 (USD MILLION) 141
TABLE 80 CHINA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 142
TABLE 81 INDIA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 144
TABLE 82 JAPAN: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 146
TABLE 83 AUSTRALIA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 147
TABLE 84 NEW ZEALAND: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 149
TABLE 85 REST OF ASIA PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 150
TABLE 86 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2017–2025 (USD MILLION) 151
TABLE 87 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY 2017–2025 (KT) 151
TABLE 88 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 152
TABLE 89 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR PROTEINS BY COUNTRY, 2017–2025 (USD MILLION) 152
TABLE 90 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER BY COUNTRY, 2017–2025 (USD MILLION)) 153
TABLE 91 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR MILK FAT CONCENTRATES, BY COUNTRY, 2017–2025 (USD MILLION) 153
TABLE 92 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE &
ITS DERIVATIVES, BY COUNTRY, 2017–2025 (USD MILLION) 153
TABLE 93 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE FOR OTHER TYPES BY COUNTRY, 2017–2025 (USD MILLION) 154
TABLE 94 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK 2017–2025 (USD MILLION) 154
TABLE 95 SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY FORM 2017–2025 (USD MILLION) 154
TABLE 96 BRAZIL: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 155
TABLE 97 ARGENTINA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 156
TABLE 98 REST OF SOUTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 157
TABLE 99 ROW: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY/REGION 2017–2025 (USD MILLION) 158
TABLE 100 ROW: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY/REGION, 2017–2025 (KT) 159
TABLE 101 ROW: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (USD MILLION) 159
TABLE 102 ROW: DAIRY INGREDIENTS MARKET SIZE, BY LIVESTOCK 2017–2025 (USD MILLION) 159
TABLE 103 ROW: DAIRY INGREDIENTS MARKET SIZE, BY FORM, 2017–2025 (USD MILLION) 160
TABLE 104 ROW: DAIRY INGREDIENTS MARKET SIZE FOR PROTEINS, BY COUNTRY/REGION, 2017–2025 (USD MILLION) 160
TABLE 105 ROW: DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER BY COUNTRY/REGION, 2017–2025 (USD MILLION) 160
TABLE 106 ROW: DAIRY INGREDIENTS MARKET SIZE FOR MILK FAT CONCENTRATES BY COUNTRY/REGION, 2017–2025 (USD MILLION) 161
TABLE 107 ROW: DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE & ITS DERIVATIVES BY COUNTRY/REGION, 2017–2025 (USD MILLION) 161
TABLE 108 ROW: DAIRY INGREDIENTS MARKET SIZE FOR OTHER TYPES BY COUNTRY/REGION, 2017–2025 (USD MILLION) 162
TABLE 109 SOUTH AFRICA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 162
TABLE 110 MIDDLE EAST: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 163
TABLE 111 OTHERS IN ROW: DAIRY INGREDIENTS MARKET SIZE, BY TYPE 2017–2025 (USD MILLION) 164
TABLE 112 EXPANSIONS & INVESTMENTS, 2017–2019 171
TABLE 113 NEW PRODUCT LAUNCHES, 2017–2019 172
TABLE 114 MERGERS & ACQUISITIONS, 2017–2019 173
TABLE 115 AGREEMENTS, JOINT VENTURES, AND PARTNERSHIPS, 2017–2019 174