Milk is an essential food in our diet because of its balanced composition of nutrients (proteins, lipids, glucids and minerals). It is used for the preparation of various food and beverage products. Dairy ingredients are food ingredients made from milk and are used in preparing various food products such as ice creams, chocolate, sports food, clinical nutrition, bakery-snacks, pork meat, ready-to-eat, prepared deserts and soups.
2. Dairy Ingredients Market - Global Industry Analysis and Forecast
to 2020
Milk is an essential food in our diet because of its balanced composition of nutrients (proteins,
lipids, glucids and minerals). It is used for the preparation of various food and beverage products.
Dairy ingredients are food ingredients made from milk and are used in preparing various food
products such as ice creams, chocolate, sports food, clinical nutrition, bakery-snacks, pork meat,
ready-to-eat, prepared deserts and soups. Dairy ingredients are divided into various categories
such as milk powder (dried form of milk manufactured by evaporating milk to dryness. Main
purpose of drying milk is to preserve it as milk powder has longer shelf life than liquid milk and
does not need to be refrigerated, due to its low moisture content), whey ingredients, milk protein
concentrates & milk protein isolates (substance obtained by partial removal of non-protein
constituents such as, lactose and minerals from skim milk so that the finished dry product
contains 90% or more protein by weight) and lactose & its derivatives. Major end-users of dairy
ingredients are bakery & confectionery, dairy, convenience foods, sports & clinical nutrition
products.
3. Dairy Ingredients Market - Global Industry Analysis and
Forecast to 2020
Asia-Pacific is the largest diary ingredients market followed by Europe and North
America. Milk powder holds the largest share in global diary ingredients market.
Milk protein concentrates & milk protein isolates have high growth prospects due
to increasing sports activities globally as they have high usage as sports
supplements. Whey proteins contain glutamine which helps muscle glycogen
replenishment and prevent decline in immune function from overtraining. It also
contains high levels of arginine and lysine that may stimulate growth hormone
release and an increase in muscle mass. Consumers are increasingly becoming
more active on maintaining a good health and are conscious to include various
nutraceuticals food products (including dairy ingredients) in their regular diet.
4. Dairy Ingredients Market - Global Industry Analysis and
Forecast to 2020
Rising popularity of protein-enriched foods and beverages has led to increasing awareness
among the consumers to become more conscious towards health benefits related with a dairy-rich
diet. Rising population, urbanization and increasing demand for dairy products in food
consumption is expected to increase the overall demand for diary ingredients. Urbanization in
the world crossed the 50% mark in 2009. According to the United Nations, urban population is
expected to increase from 3.4 billion in 2009 to 6.3 billion in 2050. Additionally, increasing
demand from the aging population is expected to drive the global dairy ingredients market.
According to The United Nations Department of Economic and Social Affairs (UNDESA),
Population Division (2013), there were 841 million people aged 60 years and above compared
to 205 million in 1950. It is projected to reach over 2 billion by 2050. Increase disposable
income enables the consumers to pay premium price for products with proven benefits. The
overall medium household income in India has increased from USD 1,164.8 billion in 2011 to
USD 1,308.8 billion in 2012. In the U.S. the medium household income increased to USD
51,371 in 2012 from USD 51,324 in 2011. Increasing innovations in the industry help to drive
down the cost of production and incorporate additional benefits to the products. This also acts
as an important driver for the dairy ingredient market.
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Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as
applicable)
2) The report covers geographic segmentation
a) North America
b) Europe
c) Asia
d) RoW
3) The report provides the market size and forecast for the different segments and geographies
for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the
market
5) The report also provides porters five forces analysis of the market.
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