The global Dairy Blends Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Dairy blends are used to prepare dairy protein products in industries such as food and beverage, nutrition, and infant solutions. These dairy blends are primarily used as functional ingredients as well as a combination of non-dairy and dairy ingredients. The Dairy Blends market is expanding because of factors such as the rising adoption of diary-based products and growing birth rates

According to Statista in 2022, the global dairy market was valued at approximately 871 billion US dollars in 2021, with a projected increase to 1,128 billion dollars by 2026. Thus, with the rising sales of diary-based products, the market is expected to grow in the forecast period. Whereas rising awareness towards the nutritious value of dairy products and favorable initiatives by market players create lucrative opportunities for the market. However, the threat of substitutes hampers market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Dairy Blends Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing awareness of the nutritional benefits of dairy blends, and growing preference for dairy-based products. Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing birth rates and consumption of milk and other dairy-based products

Major market players included in this report are:
All American Foods Inc.
Cargill Inc.
Royal Frieslandcampina NV
Kerry Group
Advanced Food Products LLC
Cape Food Ingredients
AAK Foodservice
Dana Foods Inc.
Batory Foods
Fonterra Cooperative Group Co. Ltd

Recent Developments in the Market:
? In 2022, International Flavors & Fragrances Inc. and Health & Biosciences added four new cultures to their YOY MIX ViV product portfolio to meet the needs of yoghurt manufacturers. These new cultures aim to solve manufacturers’ problems, allowing for the creation of high-quality products.
? In 2021, Lacprodan premium ALPHA-10, a dry-blend protein ingredient from Arla Foods Ingredients, is now available for infant formula manufacturers. This blend contains whey protein from human milk, which contains essential amino acids.

Global Dairy Blends Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Dairy Mixture
Dairy/Non-dairy Ingredients
Dairy as a Functional Ingredient
Dairy as a Carrier
Other Product Types

By Application:
Infant Formula
Other Beverages

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World