Dairy Blends Market - Forecast(2020 - 2025)

Report Code: FBR 20252 Report Format: PDF + Excel (Delivery in 48 Hrs)
Dairy Blends Market Overview
Dairy Blends Market size is $3.2Bn in 2019, growing at a CAGR of 7.9% during the forecast period 2020-2025. The dairy blends are dairy mixtures based on concentrated cream and butter. It is made from butter blends which are further mixed with, vegetable oils or from processed butter fat which are free from any type of saturated fat. These blends can be mixed and blended with ingredients like salt, sugar, vegetable oils and flavorings depending on the taste and preferences of the consumers. Dairy blends are widely used across various industries, including infant nutrition and baby food, frozen dessert, chocolate and confectionery, dietary supplements and beverage industries. In ice cream industries, dairy blends are used as a replacement of milk solids and are generally used for the preparation of infant formula, which has a high consumption volume across the globe.

Report Coverage
The report: “Dairy Blends Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Dairy Blends Market. 

By Product Type: Dairy Mixtures, Dairy/Non-Dairy Ingredients, Functional Ingredient, Carrier and Others.
By Type: Whey Protein Blends, Whey Protein Concentrate Blends, Milk Concentrate Blends and Skim Milk Blends.
By Application: Food - Ice Cream, Yogurt, Bakery and Butter & Cheese Blends, Infant Formula, Beverage and Others.
By Form: Liquid, Spreadable and Powder.
By Geography: North America, Europe, Asia-Pacific and Rest of the World.

Key Takeaways
  • The increasing demand for convenience food is likely to be the major driving factor for the market’s growth.
  • Increase in the health awareness related to the nutritional benefits of dairy blends product is set to propel the growth of the market. 
  • Europe region is anticipated to record the fastest growth rate during the forecast period 2020-2025.

By Product Type - Segment Analysis
In 2019, Dairy Mixtures segment dominated the Dairy Blends Market in terms of revenue is estimated to grow at a CAGR of 8.5%. According to the Food and Agriculture Organization (FAO), more than 6 billion people approximately consume milk products and milk on a regular basis currently dominating the dairy mixtures segment. The dairy mixture is used as a base to form a dairy product such as processed cheese, cream cheese, yogurt, and others and has a wide range of varieties, in infant formula, bakery, cocoa and confectionary. The dairy mixture includes a protein powder having greater than 40 percent protein, a dairy powder, water, and salt to make dairy mixture non-dusting and friable. The dairy powder is added in an amount effective to minimize agglomeration of the protein powder during subsequent hydration so that smooth dairy product is formed abetting towards market’s growth.

Geography - Segment Analysis
In 2019, the North America region dominated Dairy Blends Market in terms of revenue with a market share of 34% owing towards the increase in the disposable income of the consumers, change in the consumers preference for healthy products with low calories and proper nutrition. The U.S has observed a decent growth in the past few years and is the fourth largest global milk based product exporter, overall dairy exports were $6.03Bn in 2019 which resulted into the increased demand for dairy blends market. North America has the largest service provider of whey protein that captured major health industry of the world. The producers of dairy blends in this region provide their consumers with different options and source for nutritional intakes such as baking mixes, beverages, snacks, and others in this region are key factors in the growth of the Dairy Blends Market. Europe is projected to record the fastest growth rate during the forecast period 2020-2025.
 
Drivers – Dairy Blends Market
  • Increase of Health-Conscious People
The increase in health consciousness among customers and the nutritional benefits of these products have encouraged the consumers to opt for dairy blends, as it has various health benefits like enhanced immune function, and a reduced risk of many diseases, like diabetes. Healthy alternatives, such as dairy snacks, are convenient to grab on-the-go, and are also nutrient dense, providing vitamins, minerals, and energy that fuel the body is driving the dairy blend market. Also, increase in the number of working women in the corporate world has led to a rise in the consumption of infant formulas as they reduce the preparation time required to cook baby food enhances towards the growth of the market.

Challenges – Dairy Blends Market
  • Lack Of Dairy Blends Manufacturers
There is a lack of manufacturers for dairy blend products as the food and beverage manufacturers are turning to other conventional products is hindering growth of the market. The high capital investments for equipment and strict regulations for the consumer safety are restraining the growth of the market. In addition, indiscriminate consumption of dairy blends is set to cause various gastrointestinal problems and ailments such as diabetes etc., which is another major factor hampering growth to the global market.

Dairy Blends Industry Outlook 
Product Launches was the key strategy of the players in the Dairy Blends Industry. Dairy Blends top 10 companies include Advanced Food Products LLC, Agropur Ingredients, Cape Food Ingredients, Dohler Group, Fonterra Co-Operative Group Limited, Kerry Group, All American Foods, Friesland Capina, Hormel Specialty Products and Cargill Corporation.

Acquisitions/Product Launches
  • In February 2020, Cargill Corporation launches plant based patty and ground products for maintaining consistency in the taste of costumers and by providing high-quality protein. This helps in attracting many consumers and thus aids to its productivity of sales.
  • In May 2016, Hormel Specialty Products acquired Justin’s® Specialty Nut Butter Brand. The acquisition is set to support Hormel Specialty Products at further accelerating its efforts to digitize the company and its business model.

1. Dairy Blends Market Overview
    1.1 Definitions and Scope
2. Dairy Blends Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key rends by Geography
3. Dairy Blends Market 
    3.1 Market Share Analysis
    3.2 Comparative Analysis
        3.2.1 Product Benchmarking – Key Companies
        3.2.2 Patent Analysis
        3.2.3 Pricing Analysis
        3.2.4 Financial Analysis– Key Companies
4. Dairy Blends Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Dairy Blends Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Dairy Blends Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Dairy Blends Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Dairy Blends Market – By Product Type (Market Size –$Million/$Billion)
    8.1  Dairy Mixtures
    8.2 Dairy/Non-Dairy Ingredients
    8.3 Functional Ingredient
    8.4 Carrier
    8.5 Others
9. Dairy Blends Market – By Type (Market Size –$Million/$Billion)
    9.1 Whey Protein Blends
    9.2 Whey Protein Concentrate Blends
    9.3 Milk Concentrate Blends 
    9.4 Skim Milk Blends
10. Dairy Blends Market – By Application (Market Size –$Million/$Billion)
    10.1 Food
        10.1.1 Ice Cream
        10.1.2 Yogurt
        10.1.3 Bakery
        10.1.4 Butter & Cheese Blends
    10.2 Infant Formula
    10.3 Beverage 
    10.4 Others
11. Dairy Blends Market – By Form (Market Size –$Million/$Billion)
    11.1 Liquid
    11.2 Spreadable
    11.3 Powder
12. Dairy Blends Market - By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Dairy Blends Market - Entropy
14. Dairy Blends Market – Industry/Segment Competition Landscape   Premium 
    14.1 Market Share Analysis
        14.1.1 Market Share by Region – Key companies
        14.1.2 Market Share by Countries – Key Companies
        14.1.3 Best Practices for Companies
15. Dairy Blends Market – Key Company List by Country Premium Premium
16. Dairy Blends Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Dairy Blends Market By Type Market 2019-2024 ($M)
1.1 Dairy Mixtures Market 2019-2024 ($M) - Global Industry Research
1.2 Dairy/Non-Dairy Ingredients Market 2019-2024 ($M) - Global Industry Research
1.3 Dairy as Functional Ingredient Market 2019-2024 ($M) - Global Industry Research
1.4 Dairy as Carrier Market 2019-2024 ($M) - Global Industry Research
2.Global Dairy Blends Market By Form Market 2019-2024 ($M)
2.1 Spreadable Market 2019-2024 ($M) - Global Industry Research
2.2 Powder Market 2019-2024 ($M) - Global Industry Research
2.3 Liquid Market 2019-2024 ($M) - Global Industry Research
3.Global Dairy Blends Market By Type Market 2019-2024 (Volume/Units)
3.1 Dairy Mixtures Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Dairy/Non-Dairy Ingredients Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Dairy as Functional Ingredient Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Dairy as Carrier Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Dairy Blends Market By Form Market 2019-2024 (Volume/Units)
4.1 Spreadable Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Powder Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Liquid Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Dairy Blends Market By Type Market 2019-2024 ($M)
5.1 Dairy Mixtures Market 2019-2024 ($M) - Regional Industry Research
5.2 Dairy/Non-Dairy Ingredients Market 2019-2024 ($M) - Regional Industry Research
5.3 Dairy as Functional Ingredient Market 2019-2024 ($M) - Regional Industry Research
5.4 Dairy as Carrier Market 2019-2024 ($M) - Regional Industry Research
6.North America Dairy Blends Market By Form Market 2019-2024 ($M)
6.1 Spreadable Market 2019-2024 ($M) - Regional Industry Research
6.2 Powder Market 2019-2024 ($M) - Regional Industry Research
6.3 Liquid Market 2019-2024 ($M) - Regional Industry Research
7.South America Dairy Blends Market By Type Market 2019-2024 ($M)
7.1 Dairy Mixtures Market 2019-2024 ($M) - Regional Industry Research
7.2 Dairy/Non-Dairy Ingredients Market 2019-2024 ($M) - Regional Industry Research
7.3 Dairy as Functional Ingredient Market 2019-2024 ($M) - Regional Industry Research
7.4 Dairy as Carrier Market 2019-2024 ($M) - Regional Industry Research
8.South America Dairy Blends Market By Form Market 2019-2024 ($M)
8.1 Spreadable Market 2019-2024 ($M) - Regional Industry Research
8.2 Powder Market 2019-2024 ($M) - Regional Industry Research
8.3 Liquid Market 2019-2024 ($M) - Regional Industry Research
9.Europe Dairy Blends Market By Type Market 2019-2024 ($M)
9.1 Dairy Mixtures Market 2019-2024 ($M) - Regional Industry Research
9.2 Dairy/Non-Dairy Ingredients Market 2019-2024 ($M) - Regional Industry Research
9.3 Dairy as Functional Ingredient Market 2019-2024 ($M) - Regional Industry Research
9.4 Dairy as Carrier Market 2019-2024 ($M) - Regional Industry Research
10.Europe Dairy Blends Market By Form Market 2019-2024 ($M)
10.1 Spreadable Market 2019-2024 ($M) - Regional Industry Research
10.2 Powder Market 2019-2024 ($M) - Regional Industry Research
10.3 Liquid Market 2019-2024 ($M) - Regional Industry Research
11.APAC Dairy Blends Market By Type Market 2019-2024 ($M)
11.1 Dairy Mixtures Market 2019-2024 ($M) - Regional Industry Research
11.2 Dairy/Non-Dairy Ingredients Market 2019-2024 ($M) - Regional Industry Research
11.3 Dairy as Functional Ingredient Market 2019-2024 ($M) - Regional Industry Research
11.4 Dairy as Carrier Market 2019-2024 ($M) - Regional Industry Research
12.APAC Dairy Blends Market By Form Market 2019-2024 ($M)
12.1 Spreadable Market 2019-2024 ($M) - Regional Industry Research
12.2 Powder Market 2019-2024 ($M) - Regional Industry Research
12.3 Liquid Market 2019-2024 ($M) - Regional Industry Research
13.MENA Dairy Blends Market By Type Market 2019-2024 ($M)
13.1 Dairy Mixtures Market 2019-2024 ($M) - Regional Industry Research
13.2 Dairy/Non-Dairy Ingredients Market 2019-2024 ($M) - Regional Industry Research
13.3 Dairy as Functional Ingredient Market 2019-2024 ($M) - Regional Industry Research
13.4 Dairy as Carrier Market 2019-2024 ($M) - Regional Industry Research
14.MENA Dairy Blends Market By Form Market 2019-2024 ($M)
14.1 Spreadable Market 2019-2024 ($M) - Regional Industry Research
14.2 Powder Market 2019-2024 ($M) - Regional Industry Research
14.3 Liquid Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Dairy Blends Market Revenue, 2019-2024 ($M)
2.Canada Dairy Blends Market Revenue, 2019-2024 ($M)
3.Mexico Dairy Blends Market Revenue, 2019-2024 ($M)
4.Brazil Dairy Blends Market Revenue, 2019-2024 ($M)
5.Argentina Dairy Blends Market Revenue, 2019-2024 ($M)
6.Peru Dairy Blends Market Revenue, 2019-2024 ($M)
7.Colombia Dairy Blends Market Revenue, 2019-2024 ($M)
8.Chile Dairy Blends Market Revenue, 2019-2024 ($M)
9.Rest of South America Dairy Blends Market Revenue, 2019-2024 ($M)
10.UK Dairy Blends Market Revenue, 2019-2024 ($M)
11.Germany Dairy Blends Market Revenue, 2019-2024 ($M)
12.France Dairy Blends Market Revenue, 2019-2024 ($M)
13.Italy Dairy Blends Market Revenue, 2019-2024 ($M)
14.Spain Dairy Blends Market Revenue, 2019-2024 ($M)
15.Rest of Europe Dairy Blends Market Revenue, 2019-2024 ($M)
16.China Dairy Blends Market Revenue, 2019-2024 ($M)
17.India Dairy Blends Market Revenue, 2019-2024 ($M)
18.Japan Dairy Blends Market Revenue, 2019-2024 ($M)
19.South Korea Dairy Blends Market Revenue, 2019-2024 ($M)
20.South Africa Dairy Blends Market Revenue, 2019-2024 ($M)
21.North America Dairy Blends By Application
22.South America Dairy Blends By Application
23.Europe Dairy Blends By Application
24.APAC Dairy Blends By Application
25.MENA Dairy Blends By Application
26.Fonterra Co-Operative Group Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Kerry Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Royal Frieslandcampina N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Agropur Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dohler Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Advanced Food Products LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Cape Food Ingredients, Sales /Revenue, 2015-2018 ($Mn/$Bn)