Dairy Ingredients Market Expected to Reach USD 66.11 billion by 2022

The dairy ingredients market is projected to grow at a CAGR of 5.61% from 2016, to reach a projected value of USD 66.11 Billion by 2022. Dairy ingredients are gaining significance due to the increase in awareness about the importance of protein-enriched diet foods & beverages among consumers.

The report Dairy Ingredients Market, by Type (Milk Powder, Whey Ingredients, MPC & MPI, Lactose & Its Derivatives, Casein & Caseinates, Milk Protein Hydrolysates), Source (Milk and Whey), Nature, Application, and Region – Global Forecast to 2022”, The Dairy Ingredients Market is projected to reach a value of USD 66.11 billion by 2022, at a CAGR of 5.61% from 2016. The market is driven by factors such as rise in awareness about the health benefits of nutritional food products, along with economic growth and increase in disposable income in developing nations, especially in the Asia-Pacific region.

Browse 91 market data tables and 61 figures spread through 157 pages and in-depth TOC on “Dairy Ingredients Market- Global Forecast to 2022”

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=974

Early buyers will receive 10% customization on this report.

The application of dairy ingredients in dairy products segment was the largest in 2015.

Dairy products accounted for the largest share in the application of dairy ingredients in 2015. Dairy ingredients are used in almost all dairy products for enhancing the nutritional content, flavor, and other benefits from dairy ingredients such as emulsification and solubility. Owing to which, the application of dairy ingredients is extensive in dairy products.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=974

Milk powder accounted for the largest share by type, in the Dairy Ingredients Market in 2015

On the basis of type, milk powder accounted for the largest share in the Dairy Ingredients Market in 2015. The milk powder segment dominated the market, owing to its less moisture content, which contributes to the higher shelf life of the product. The growth in infant food market is another key factor that fueled the growth of this segment.

Asia-Pacific dominated the Dairy Ingredients Market in 2015

The Asia-Pacific region accounted for the largest market share in the Dairy Ingredients Market in 2015. In Asia-Pacific, China had the largest market share in 2015. Improvement in the living standards of the Chinese, growth in the infant formula industry and aging population are the factors that drive the growth of the Chinese Dairy Ingredients Market. India is projected to grow at the highest CAGR during the forecast period.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Rohan
Email: sales@marketsandmarkets.com
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: Washington
Country: United States
Website: http://www.marketsandmarkets.com/