Dairy nutrition products help to nourish infants with essential vitamins and nutrients to support growth and development. These products include infant formula, growing-up milk, and dairy/calcium supplements that are available in powder, liquid, and other forms. They provide balanced nutrition derived from milk, enriched with vitamins, minerals, prebiotics, and probiotics. The dairy nutrition ingredients in these products aid bone development and support the immune system in children and consumers of all ages. The global Dairy Nutrition Market is estimated to be valued at US$ 16.98 billion in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing demand for dairy nutrition products can be attributed to the rising health consciousness among people and increasing awareness about the benefits of probiotics. Probiotics are live microorganisms that provide health benefits when consumed. Research shows that probiotic dairy ingredients support digestive and immune health. Many dairy nutrition products today incorporate probiotic cultures of Lactobacillus and Bifidobacterium that aid nutrient absorption and bowel regularity. The market players are extensively conducting R&D initiatives to develop advanced dairy nutrition solutions with enhanced probiotic formulations. This is expected to drive the demand for probiotic-enriched dairy foods, beverages, and dietary supplements over the forecast period.
Segment Analysis
The global Dairy Nutrition Market Scope is dominated by powder segment owing to its long shelf life and cost efficiency. The powder segment accounts for around 52% share of the total market. The powder form can be easily mixed with milk, yogurt, and other dairy products. This makes powder dairy nutrition products convenient to use.
Key Takeaways
The global dairy nutrition market is expected to witness high growth over the forecast period of 2023 to 2030. The market is expected to grow at a CAGR of 5.7% during this period. By 2030, the market size is projected to reach US$ 28.27 billion.
Regional analysis: The North American region currently dominates the global dairy nutrition market with a share of over 35% in 2023. Increased health consciousness among consumers and growing awareness about the various health benefits of dairy nutrients are driving the market in the region. Asia Pacific is expected to be the fastest growing region during the forecast period. Rapid urbanization, rising incomes, and changing lifestyles are supporting the growth of the dairy industry and dairy nutrition market in emerging economies of Asia Pacific.
Key players: Key players operating in the dairy nutrition market include Pfizer Inc., Teva Pharmaceuticals, Mylan N.V., Dr. Reddy's Laboratories, Zydus Cadila, Sun Pharmaceutical Industries, Aspen Pharmacare, Apotex Inc., Sandoz (a division of Novartis), and Lupin Limited. These leading players are focusing on new product launches, collaborations and acquisitions to strengthen their market position. For instance, Pfizer Inc. acquired a probiotic brand Align and is marketing it as a dairy nutrition supplement.
Get more insights on this topic: https://www.newsstatix.com/dairy-nutrition-market-analysis-demand/
Global dairy nutrition market became worth US$ 12.
Sixty-nine Bn in 2016, in line with Global Dairy Nutrition Market, via way of means of Ingredient (Whey Protein, Casein Protein, Prebiotics, Vitamins & Minerals, Colostrum, and Nucleotides) and via way of means of Application (Functional Foods, Infant Formula & Clinical, Dairy Products, Bakery & Confectionary, and Personal Care).
Dairy merchandise includes critical vitamins along with nutrition A, D & B12, protein, calcium, phosphorus, carbohydrates, potassium, niacin, and riboflavin.
Regular intake of dairy merchandise aids in enhancing usual fitness and due to this fact, dairy nutrition are extensively been utilized in quite a little merchandise along with power bars, dietetic formulations, low-fat spreads, toddler formulas, and geriatric dietary merchandise.
Major elements propelling the boom of the worldwide diary nutrition market encompass the growing reputation of practical foods, and the growing intake of dairy protein for muscle construction in youths.
Extensive use of milk-primarily based totally components in hair and pores and skincare cosmetics coupled with a growing wide variety of instances of osteoporosis, cardiovascular diseases, malnutrition, and weight problems is likewise predicted to the gas boom of the market over the forecast period (2017–2025).Asia Pacific is projected to be the quickest developing area with inside the international dairy nutrition market, registering the very best CAGR of 9.13% over the forecast period.
Introduction
Demand for dairy nutritional and nutraceutical products has grown significantly in recent years. Higher consumption of dairy protein is forcing dairy food processing companies to increase their production volume. Milk is the major ingredient in all dairy nutritional products. The global production volume of milk is increasing perennially owing to the ever expanding application base of the product. Global sales of dairy nutritional and nutraceutical ingredients was valued at US$ 12.2 Bn in 2015 and is projected to be valued at US$ 24.5 Bn by 2024. Sales revenue is expected to register a CAGR of 8.1% during the forecast period (2016–2024).
Dairy farms owners are adopting advanced dairy farm management systems and deploying latest milking equipment. For instance, introduction of advanced robotic milking technology or automatic milking system that can assist in both herd management and milk production are fulfilling the requirements of lactating dairy. These latest technologies are expected to enhance the essential farm components and farm management systems. Few popular milk-based confectionary items include yogurt and cheese, ice cream, dietetic formulations, desserts, energy bars, infant formulae toppings, baked goods, low-fat spreads, sports beverages, and geriatric nutritional products.
Report For Sample with Table of Contents@ https://www.researchreportinsights.com/report/sample/110114691/Dairy-Nutritional-and-Nutraceutical-Ingredients-Market
The market for dairy nutritional and nutraceutical ingredients is majorly driven by factors such as increasing awareness on benefits of dairy nutritional ingredients, easy availability of caseinate and caseins and growing demand for milk-based hair and skin care cosmetics. In addition, the steady rise in demand for dairy nutraceutical ingredients from the food processing sector is further expected to influence the overall market growth. Health benefits of consuming such nutritional products may include lower risk of cholesterol, cardiovascular disease, healthy bone growth and improved digestive health.
The Growing Consumer Expectation
Dairy food manufacturers are incessantly increasing the use of ingredients such as dairy protein, prebiotics, colostrum, and nucleotides in their products in order to meet consumer expectation. Modern day consumers are highly conscious about maintaining a fit and healthy body and demand pleasant yet healthy products. Thus companies focus on offering healthier indulgent food and beverages. Innovative ingredients that add both taste and texture in food items are witnessing a healthy amount of success and are being appreciated by consumers. Adding nutritional ingredients such as dairy protein to infant formula, clinical nutrition and functional food greatly improve their food value.
Request For Report Discount@ https://www.researchreportinsights.com/report/discount/110114691/Dairy-Nutritional-and-Nutraceutical-Ingredients-Market
Trends
Most dairy food processing companies are emphasizing on offering higher food value to consumers. Thus, structurally modifying functional properties of the ingredients. The companies are employing qualified management staff for further developing and enhancing their products. The ever-increasing quality requirement is resulting in further development of solutions tailored to meet specific customer request accordingly. For instance, Epi Ingredients a leading dairy ingredient producing company based in Europe has recently showcased its latest EPILAC powders at Health Ingredients (Hi) Europe 2016. The powder is available in all-natural premium fermented flavors (fermented milk powder, yoghurt powder and quark powder).
Conclusion
In 2015, the global sales of dairy nutritional and nutraceutical ingredients surpassed US$ 12 Billion and is anticipated to reach US$ 24.5 Billion by the end of 2024. The market for dairy nutritional and nutraceutical ingredients is relatively larger in North America than other regions. Growing preference for dairy protein ingredients in clinical nutrition, functional food, bakery & confectionaries, infant formula, personal care and dairy products preparation is well supporting the market growth in North America. In addition, the presence of major dairy protein manufacturers in North America is further expected to benefit the market in the region.
Key Players
Some of the key players identified in the global dairy nutritional and nutraceutical ingredients market include Fonterra Co-operative Group Ltd., Koninklijke DSM N.V., Proliant Inc., Arla Foods amba, E.I. DuPont De Nemours and Co., Cargill Inc., APS Biogroup, Groupe Lactalis S.A., Nestlé SA, and Danone SA.
Report Analysis@ https://www.researchreportinsights.com/report/rd/110114691/Dairy-Nutritional-and-Nutraceutical-Ingredients-Market
