Functional Dairy Ingredients Market Predicts 7.5% CAGR, Reaching US$ 417.16 Billion by 2032

The global functional dairy ingredients market generated a revenue of US$ 201.47 billion in 2022 and is projected to escalate to a market valuation of US$ 417.16 billion by the conclusion of 2032. Predictions indicate a significant surge in worldwide consumption of functional dairy ingredients, with a compound annual growth rate (CAGR) of 7.5% expected through 2032.

Increased awareness regarding the advantageous properties linked to dairy product consumption is poised to be a primary driver propelling demand for functional dairy ingredients in the forthcoming years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=642

𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐫𝐞𝐧𝐝𝐬:

Health and Wellness Trends: Increasing consumer awareness and emphasis on health and wellness are driving the demand for functional dairy ingredients. Consumers are seeking dairy products fortified with functional ingredients such as probiotics, omega-3 fatty acids, vitamins, and minerals, which offer various health benefits, including improved digestive health, immunity, and overall well-being.

Rising Preference for Natural Ingredients: Consumers are gravitating towards products made with natural and clean label ingredients. Functional dairy ingredients derived from natural sources, such as milk and dairy by-products, are gaining popularity due to their perceived healthfulness and authenticity. This trend is driving the development and adoption of clean label dairy products fortified with functional ingredients.

Growing Demand for Protein-Enriched Products: Protein-enriched dairy products are witnessing increasing demand, driven by the rising popularity of high-protein diets, sports nutrition, and healthy snacking trends. Functional dairy ingredients such as whey protein, casein, and milk protein isolates are being incorporated into various dairy products to enhance their nutritional value and appeal to health-conscious consumers.

Expansion of Functional Dairy Product Offerings: Food and beverage manufacturers are innovating and expanding their product portfolios to include a wide range of functional dairy products tailored to meet the diverse needs and preferences of consumers. This includes fortified dairy beverages, yogurts, cheese, and desserts formulated with functional ingredients targeting specific health concerns or dietary requirements.

Increasing Demand for Dairy Alternatives: The growing popularity of dairy alternatives, such as plant-based milk alternatives and dairy-free yogurts, is posing a challenge to the traditional dairy industry. However, there is also a rising demand for functional dairy ingredients to be incorporated into these dairy-free products to enhance their nutritional profile and mimic the sensory properties of traditional dairy products.

Technological Advancements in Ingredient Delivery Systems: Advancements in food science and technology are enabling the development of innovative ingredient delivery systems that enhance the stability, bioavailability, and functionality of functional dairy ingredients. These advancements allow for the creation of fortified dairy products with improved sensory attributes and extended shelf life, meeting consumer expectations for quality and convenience.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• Angel Yeast Co. Ltd
• Koninklijke DSM N.V
• Glanbia Plc.
• Alra Ingredients
• NZMP (Fonterra)
• Cargill Inc.
• Ganeden
• Valio Oy
• Ornua Co-op Limited
• Lactalis Ingredients
• Kerry Inc.
• FrieslandCampina International B.v
• The Dow Chemical Company

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Functional dairy ingredient manufacturers are expected to focus on mergers, collaborations, and partnerships to advance their market presence and fast-track the launch of new products.

• In June 2022, Fonterra, a leading dairy organization, announced the launch of a functional whey protein concentrate that unlocks new textures in cultured dairy. The new ingredient is expected to support innovation in the U.S. dairy market.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐚𝐢𝐫𝐲 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• Functional Dairy Ingredients Market by Nature :
o Organic Functional Dairy Ingredients
o Conventional Functional Dairy Ingredients

• Functional Dairy Ingredients Market by Type :
o Proteins & Amino Acids
o Vitamins
o Minerals
o Oils & Fatty acids
o Probiotics & Prebiotics
o Carotenoids
o Fibers
o Hydrocolloids
o Others

• Functional Dairy Ingredients Market by Source :
o Animal-based
o Plant-based

• Functional Dairy Ingredients Market by End Use :
o Whole Milk
o Confectionery
o Yogurt
o Cheese
o Frozen Deserts
o Ice Cream
o Baby Food
o Beverages
o Butter
o Other End Uses

• Functional Dairy Ingredients Market by Region :
o North America
o Latin America
o Europe
o APAC
o MEA

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/642/functional-dairy-ingredient-market

𝐌𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭:

Fortified Dairy Products Market: https://www.factmr.com/report/4466/fortified-dairy-products-market

Probiotic Dairy Products Market: https://www.factmr.com/report/4911/probiotic-dairy-products-market

Plant-based Dairy Market: https://www.factmr.com/report/4963/plantbased-dairy-market

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