Global Dairy Blends Market By Product Form (Powder, Spreadable, and Liquid), By Application (Bakery Products, Infant Formula, Ice Cream, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Dairy Blends Market Overview:

Global dairy blends market value was USD 4,596.1 million in 2021, and it is projected to increase at a CAGR of 7.2% during the forecast period.

The global market has been helped by the growth in working women over the years. This coincides with China’s urbanization rate. It can be difficult for busy parents to make time to cook healthy baby food. Since they can be prepared in a fraction of the time it takes to make traditional baby foods like rice and porridge, dairy blends are a good alternative. These have many essential nutrients that boost a baby’s health. The industry will continue to grow because of the increased demand for diverse dairy blends.

Global Dairy Blends Market Analysis:

Product Form Analysis

The most popular form is the powdered milk blend. This segment made up more than 55% of total revenue for 2021. This powder is used in baby food formulations and baby food products. It is also used in the making of baby food products and infant formulas. Because it is dry, it is easier to store and has an extended shelf life. The powder is often made from spray-drying milk. Spreadable dairy mixtures are growing in popularity and will see the highest growth, with an 8% CAGR from 2023 to 2032.

Spreadable dairy blends are healthy and can be used as a low-fat substitute for butter or margarine. This is the main reason for their growth. These spreads can also be used with vanilla, cocoa, and other flavors to suit individual tastes. They are made from vegetable oils which reduce the risk for heart diseases. They are often used in toppings for salad dressings, frozen curds, and ice creams. Heart patients have been increasing their consumption of ice creams and frozen custards as a result.

Application Analysis

The bakery products segment was the most popular in 2021. Both powdered and spreadable blends are used in baking. These blends can be used to make many different cake toppings. These blends are excellent alternatives to butter and milk because of significant innovation in manufacturing bakery goods to satisfy the needs of the health-conscious populace. A variety of nutritional values can be provided by manufacturers, which allows them to tailor-make dairy blends according to the customer’s preferences. This is expected to increase product demand for bakery products.

With a CAGR of 7.8% between 2023-2032, infant formula will experience the fastest growth. As they are less time-consuming to prepare, infant formulas have seen a rise in popularity due to the increase in women working in corporate America. This will increase market demand over the next few years.
The dairy blend can be used as a substitute for skimmed and is used in Ice Cream. It serves as an ice cream stabilizer and sweetener. This improves consistency and enhances the taste. The product’s visibility has improved in powdered mixes, which has resulted in a rise in the use of this product for homemade ice-creams. This segment is expected to grow at a steady pace over the forecast period.

You can also make yogurts, coffee creamers, salad dressings, and other dairy products. Yogurts are well-known for their ability to boost immunity, prevent osteoporosis and promote weight management. This will lead to a rise in yogurt consumption, which is positive for market growth. The market growth is expected to be limited by the rising costs of dairy products in the coming years.

Key Market Segments:

By Product Form

• Powder
• Spreadable
• Liquid

By Application

• Bakery Products
• Infant Formula
• Ice Cream
• Other Applications

Market Dynamics:

The majority of dairy blends are used for infant formulas, yogurt premix, and ice cream. The demand for infant formula has increased due to the rise in birth rates. Market growth is expected to be fueled by this trend during the forecast period.

The increase in urbanization of countries like India and China has seen a dramatic rise in the working woman population. It has been difficult for women to prepare baby food due to their hectic lives. Dairy blends can be a good alternative to traditional baby foods like porridge or rice, as they take less time to prepare. These products are rich in all the nutrients necessary for the healthy development of your baby. The market is set to grow from 2023 to 2032 as a result of the increasing demand for dairy blends. Dairy mixtures can be healthier than traditional dairy products like whole milk. They provide all of the necessary dairy nutrients and are low in fat. This feature has helped increase the popularity of the product with consumers suffering from high cholesterol levels and obesity. This will drive market growth in the forecast period and increase product demand.

These liquid dairy blends can also be used as toppings or spreads on bakery products, such as bread. The blends can also be used with sugar, salt, and flavorings according to the preferences of the customers. This is why manufacturers are focused on innovative flavors for dairy products. This is expected to lead to an increase in product demand over the forecast time.

However, dairy blends must be manufactured in compliance with the Codex Alimentarius standards. Codex is a regulatory body that was established by the Food and Agriculture Organization, (FAO), of the United Nations and the World Health Organization. These standards are extremely strict and also apply to dairy products. This may pose a risk to the global market in the future.

Regional Analysis:

The Asia Pacific was responsible for 40% of 2021’s, largest share. China was the largest consumer of dairy blends. This is due to their high birthrate which increased the demand for infant formula and baby food. Australia and New Zealand are the two largest global suppliers of dairy products. Additionally, dairy blends can be stored quickly and are cheaper than butter or milk. This is expected to boost the dairy blends market growth over the forecast period. North America held the second-largest share of 2021’s market. This market is driven by an increase in dairy product consumption. Due to the FAO’s stringent regulations, however, the market isn’t expected to grow much. In North America and Europe, market growth will be limited by the introduction and consumption of dairy alternatives such as soy-based beverages and foods.

The region economies of South America, Africa, and the Middle East are expected to grow significantly as many companies are looking to expand their reach into these underdeveloped regions. These countries will experience market growth but it could be difficult due to the preference of consumers for traditional dairy products.

Key Regions and Countries covered in thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Johnson & Johnson, Cape Food Ingredients, and Cargill Inc. are just a few of the players that operate in the market. Because of increased awareness about the effectiveness and cost-effectiveness of the products, the global market is becoming more fragmented. Fonterra and Kerry, are all innovating new blends and creating awareness through appealing packaging. Fortification is another trend that major manufacturers have adopted to improve the nutritional content of blends. This trend is expected to boost market growth during the forecast period.

Маrkеt Кеу Рlауеrѕ:

• Cargill Inc.
• Johnson & Johnson
• Fonterra
• Dohler Group
• Agropur
• Abbott Nutrition
• Kerry
• Cape Food Ingredients.
• Other Key Players

For the Dairy Blends Market research study, the following years have been considered to estimate the market size: