Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The "Dairy Blends Market Global Forecast Report by Types, Application, Products, Countries and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global dairy blend market is expected to grow from US$ 4.18 billion in 2023 to US$ 8.19 billion by 2032, under a CAGR of 7.76% between 2024 and 2032
This particular growth is attributed by the higher frequency of consumption of flexible dairy products which is brought about by growth in demand, innovations in blending solutions and awareness on daily health. Convenient in terms of functional characteristics and versatile in application in other foods, dairy blends drive the high growth of the market over the forecast period. 
Rising Consumer Demand for Functional Foods
The increasing consumer preference for functional foods is a significant driver of the dairy blend market. Consumers seek products that offer additional health benefits beyond essential nutrition, such as improved digestion, enhanced immunity, and better overall well-being. Dairy blends, which combine various dairy ingredients to enhance nutritional profiles and functionality, cater to this demand. Products like fortified yogurts, protein-enriched milk, and functional dairy beverages are becoming popular as consumers prioritize health and wellness, thereby boosting the growth of the dairy blend market.
Nearly about 55 percent of the total consumers in US would purchase more of dairy products if producers make social sensitivity to the environment in July 2024. To adapt the emerging tendencies in consumers' preferences, increase sustainability and build a better future for dairy farming, these methods have to be applied, As per The Bullvine.
Innovations in Dairy Processing Technologies
Increase in dairy processing technologies is equally affecting the dairy blend market. Improvement on blending technology, homogenization, and new methods of preservation improve on the quality, taste and shelf life of dairy blends. These technologies make it possible to produce dairy product to fit the convenience, taste and specific functionality a consumer may desire.
Another set of factors relates to the creation of new formulations and processes for producing nutritious but lower-cost dairy blends that drive market development and attract new manufacturers and consumers. Lactose-free Greek yoghurt made from A2 cow milk with protein content of 7.5% have been introduced by Skyrrup in August 2023. The yogurt as a dish serves the purpose of offering nourishment and at the same time gives the needed satisfaction for the taste buds.
Growing Applications in the Food and Beverage Industry
The increasing uses of the dairy blends in food and beverages industry are fostering the market growth. The primary functions of dairy blends are flavor Profile, texture property and mouth feel of products like processed cheese, ice cream, yogurt, bakery products etc. Because of this, manufacturers can offer a wide range of products that best suit the consumer tastes as well as their nutrition requirements.
It is for these reasons that the food and beverages sector is continuously expanding with Dairy Blends to drive more market and future growth opportunities. The United Nations Conference on Trade and Development has estimated that the proportion of the urban population is set to rise to 56.9% in 2022. It is more evident in the developed parts at 79.7% as compared to the developing regions (52.3%).
United States Dairy Blends Market
The United States dairy blend market is growing since the consumers are opting towards healthier and better-quality foods products. Almost everywhere in the United States use dairy products in their diets, and innovations in dairy processing, including the methods of blending and formulations have led to high demand of the market.
Dairy blends are used widely in products such as fortified yogurts, protein milk products and processed cheeses, regulating the flavor and texture and nutritional values. Furthermore, the increasing awareness of the consumer's health and the increasing use of functional foods thus results into the growth of the market.
Germany Dairy Blends Market
Currently, Germany is currently witnessing growth of the dairy blend market due to changing consumer preferences towards functional and healthy foods. Advancements in dairy technologies and creating better ranges of products include new blends, high protein and fortified dairy products improve market propositions.
Dairy blends are incorporated in yogurt, cheese and beverages among others, for enhancing on the taste, texture, and nutritional values in the products. This is since Germany is well known to embrace high quality foods and health relating trends hence fostering the market's growth. While consumers look for convenience, variety, and product that are good for their health, dairy blends remain popular in Germany. July 2023, Germany's Leading Dairy Group DMK Group Further Extends Vegan Portfolio with Cheese Shreds and Infant Jar Meals.
India Dairy Blends Market
The Indian dairy blend category is expanding fast because of the increasing consumer interest in healthful and all-purpose dairy products. There is an escalating customer focus on physical health as well as development in technology when it comes to processing dairy foodstuff that is being experienced as the market moves forward. Dairy blends are incorporated in fortified milk, yoghurt and flavoured dairy drinks to improve taste, texture as well as nutritional quality.
Driving force for the market include the food and beverage industry, increase in middle income earners, and population growth in the urban area. Also, the availability of cheap and readily available dairy blend products is useful in improving the uptake of the product in India. In September, 2024 Parle Agro introduced SMOODH Lassi as a new brand under dairy attribute of its corporate portfolio to revolutionize the Indian dairy market for lassi.
Saudi Arabia Dairy Blends Market
The Saudi Arabia dairy blend market is anticipated to grow over coming years due to increasing awareness among consumers to adopt healthy foods from dairy products category. The market also enjoys improvements in technologies of dairy processing and innovations in value added products as the fortified milk and various blended milk products. Some key factors are the factors such as growing health consciousness and shift in trend towards active health food products or functional foods that will help to drive the market.
Also, the growth of modern retailing outlets as well as changes in global trends in food consumption and processing contribute to the need to develop a wide variety of dairy blends. With all developments happening to Saudi Arabia's F&B sector, the desire for multipurpose and nutritional-improving dairy blends are also increasing. In September 2023 and Noug, Saudi's first camel milk product company unveiled the first store in Al-Malqa of Riyadh.
Global Dairy Blends Company Analysis
Prominent player in the Dairy Blends Market are Cargill Foods, Kerry Foods, Archer Daniels Midland, Tate & Lyle, Aak AB, Dana Foods Inc, Royal FrieslandCampina N.V., and Galloway Company.
Global Dairy Blends Company News
In March 2024, Kerry Dairy launched a new hybrid line called Smug Dairy, combining oats and traditional dairy. The range includes six offerings, including innovative cheddar cheese substitutes, butter variations, and unique hybrid milk, to be released this spring in major UK supermarkets like Sainsbury's, Tesco, Morrison's, and The Co-op.
Company Analysis: Overviews, Key Personnel, Recent Developments & Strategies, Product Portfolio & Product Launches, Revenue
- Cargill Foods
- Kerry Foods
- Archer Daniels Midland
- Tate & Lyle
- Aak AB
- Dana Foods Inc
- Royal FrieslandCampina N.V
- Galloway
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value (USD) in 2023 | $4.18 Billion |
| Forecasted Market Value (USD) by 2032 | $8.19 Billion |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Global |
Key Topics Covered:
1. Introductions
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Driver
4.2 Challenges
5. Global Dairy Blends Market
6. Market Share Analysis
6.1 By Type
6.2 By Application
6.3 By Product
6.4 By Country
7. Types
7.1 Dairy Mixtures
7.2 Dairy/Nondairy ingredient
7.3 Dairy as Functional
7.4 Dairy as Carrier
7.5 Others
8. Application
8.1 Bakery
8.2 Ice-cream
8.3 Infant Formula
8.4 Others
9. Products
9.1 Powder
9.2 Spreadable
9.3 Liquid
10. Country
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 South Korea
10.3.6 Thailand
10.3.7 Malaysia
10.3.8 Indonesia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 South Africa
10.5.2 Saudi Arabia
10.5.3 United Arab Emirates
11. Porter's Five Forces
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/7tywo0
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