Dairy Blends Market – Rising Consumption Of Dairy Products With High Nutritional Value To Boosts The Market Growth By 2025 | Grand View Research, Inc.

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Dairy Blends Market - Rising Consumption Of Dairy Products With High Nutritional Value To Boosts The Market Growth By 2025 | Grand View Research, Inc.

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According to a report published by Grand View Research, the market is expected to witness significant growth due to an increase in the consumption of dairy products with high nutritional value.

The global dairy blends market size is expected to reach USD 6.1 billion by 2025, expanding at a CAGR of 7.9% over the forecast period. The market is expected to witness significant growth due to an increase in the consumption of dairy products with high nutritional value. Dairy blends are low fat and cost-effective alternatives to milk and butter. This is expected to increase market growth and drive the demand in the projected period.

Powdered dairy blends accounted for the largest market share owing to the rapid adoption of the product in developed regions like North America and Europe. High product awareness among the population of these regions is expected to propel the market growth during the forecast period. However, the use of spreadable blends is increasing significantly. They are used in day-to-day consumption as alternatives to butter. A rise in other applications of these products such as sauces and salad toppings is expected to positively influence market growth in the next few years.

Bakery products occupied the maximum market share owing to an increase in the overall bakery market and consumer preference for healthy bakery options. However, consumption of dairy blends has witnessed significant growth in infant formulas owing to high nutritional value. This is anticipated to fuel market growth over the next few years.

U.S. dairy blends market size, by product form, 2015 - 2025 (USD Million)

Dairy Blends Market Report Highlights

  1. On the basis of product, the powder dairy-blend segment accounted for more than 50% of the global market share in 2018 owing to the use of powder dairy products in making baby food products. 

  2. Spreadable dairy blends are increasingly becoming popular and are expected to witness the fastest growth with a CAGR of 8.1% from 2019 to 2025. The major factor contributing to the growth of this product is that it acts as a low-fat alternative to butter and margarine, which makes it healthy for consumption.

  3. On the application basis, the bakery application segment held the largest share of 34.3% in 2018. Powder and spreadable blends both are used in bread making and cakes.

  4. The Asia Pacific accounted for 38.0% of the global market share in 2018. The majority of the demand for dairy blends was driven by China due to the high birth rate, which increased the demand for baby food and infant formula.

  5. Increasing urbanization and high product awareness in countries like Brazil are anticipated to fuel the market growth during the forecast period.

  6. In September 2019, Live Real Farms based in Minneapolis, launched a line of blended beverage options that combine lactose-free dairy with almonds or oats — Dairy Plus Milk Blends. The objective of the company was to introduce a beverage and provide customers with more variety of milk choices.

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Dairy Blends Market Segmentation

Grand View Research has segmented the global dairy blends market on the basis of product form, application, and region:

Dairy Blends Product Form Outlook (Revenue, USD Million, 2015 – 2025)

  • Spreadable

  • Powder

  • Liquid

Dairy Blends Application Outlook (Revenue, USD Million, 2015 – 2025)

  • Ice Cream

  • Infant Formula

  • Bakery Products

  • Other

Dairy Blends Regional Outlook (Revenue, USD Million, 2015 – 2025)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

List of Key Players of Dairy Blends Market
• Fonterra; Kerry
• Royal FrieslandCampina N.V.
• Agropur
• Dohler Group
• Intermix Australia Pty Ltd.
• Abbott Nutrition
• Johnson & Johnson
• Cargill Inc.
• Cape Food Ingredients.

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Browse Related Report @

Dairy Products Market – https://www.grandviewresearch.com/industry-analysis/dairy-product-market

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About Grand View Research

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.

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