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Introduction:The global dairy blends market has been witnessing a steady growth rate due to increasing consumption across the globe. The consumption is being fuelled by rising population and their growing preference for low-fat food items.The global dairy blends market is expected to be primarily driven by factors such as higher prices of traditional dairy commodities, health benefits of dairy blends. However, the growth in global dairy blends market is likely to be hampered by factors such as low awareness among consumers.
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Global dairy blends market is expected to grow at a CAGR between 8.5% and 9.0% over the forecast period from 2016 to 2022. The global dairy blends market has been witnessing a steady growth rate due to increasing consumption across the globe. The consumption is being fuelled by rising population and their growing preference for low-fat food items.
The companies covered in the Global Dairy Blends Market Market report:
1) Fonterra Co-Operative Group Limited
2) Cargill
3) Incorporated
4) Kerry Group
5) Univar Inc.
6) Royal Frieslandcampina N.V.
7) Agropur Ingredients
8) Döhler Group
9) Intermix Australia Pty Ltd.
10) Advanced Food Products LLC
11) Galloway Company, Inc.
Segments Covered:
The segmentation on the basis of type covers dairy as carrier, dairy mixtures, dairy/non-dairy ingredients, dairy as functional ingredient and others. On the basis of application the market is segmented as ice cream, yogurt, infant formula, bakery, butter & cheese blends, feed, beverages, others applications. Furthermore, on the basis of form the dairy blends market is segmented as spreadable powder liquid.
Geographic Coverage and Analysis:
Among the geographies Europe is expected to be the largest market for dairy blends market over the forecast period from 2016 to 2022. Furthermore, among the application , ice cream segment is expected to grow at the highest CAGR over the forecast period from 2016 to 2022 .The market for dairy blends is seen to be growing at a magnifying pace across all geographical regions across the globe.
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Release ID: 213618
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