According to SPER Market Research, the Global Dairy Ingredient Market The growth of this market can be attributed to the growing protein demand from consumers; they prefer products with dairy ingredients as a source of protein. The continual investment in technological advancement is influencing growth, thereby increasing the sales of dairy ingredients in the near future.
The shift to healthy diets from junk and fast food to nutritional diets is being witnessed due to the increasing aging population, coupled with the rising health issues.
Market Overview (2022-2030)
· Forecast CAGR (2022-2030): 6.9%
· Forecast Market Size (2030): 108.4 Billion
COVID-19 impact on Dairy Ingredient Market:
The outbreak of COVID-19 has brought severe medical, social, and economic challenges, placed unprecedented stresses on food supply chains, with bottlenecks in farm labour, processing, transport, and logistics, as well as momentous shifts in demand, simultaneously affecting farm production, food processing, transport and logistics, and demand. An unexpected disruption in supply chains during the pandemic resulted in manufacturers, suppliers, and retailers struggling to ensure a continued supply of dairy ingredients in the market. Even though the demand for dairy ingredients has not been affected, the supply has significantly impacted the COVID-19 pandemic.
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Industry Definition and Major Segments:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2030. This report contains statistics on product type segment growth estimates and forecasts.
Global Dairy Ingredient Market, By Type:
· Proteins (Whey protein concentrates.
· Whey protein isolates.
· Casein & caseinates.
· Milk protein concentrates.
· Milk protein isolates.
· dairy protein fractions.
· other proteins, and colostrums.
Global Dairy Ingredient Market, By Form:
Based on the Form Global Dairy Ingredient Market is segmented as; Dry, Liquid.
Global Dairy Ingredient Market, By Application:
· Bakery & confectionery.
· Dairy products.
· Sports nutrition products.
· Infant formulas.
Global Dairy Ingredient Market, By Livestock:
· Cows.
· Other livestock.
· Buffaloes.
· Goats.
· Sheep.
Global Dairy Ingredient Market, By Region:
· North America.
· Europe.
· Asia-Pacific and Rest of the World.
This research also includes important market drivers and restraints for the forecast period. The study also covers several developments potential
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
