Sales of Dairy Blends Projected to Witness Robust Growth Through 2029; Bakery Industry to Remain Key Application Area, Says Future Market Insights

Companies
active in the dairy blends industry are focusing on leveraging the widespread
applications in multiple industries with product innovation and nutrition
parameters for a wider consumer demographic.

Future
Market Insights, Dubai:
The dairy blends market is
projected to grow at an promising CAGR of 7.6% during the forecast period (2019
– 2029). A significant increase in consumer demand for nutritional substitutes
to conventional milk products is a predominant factor driving the sales of
dairy blends products. Key players are also targeting infant formula and baby
food consumers, who seek increased customization in nutritional profiles. The
rising demand from low-fat milk product alternatives will continue to boost
growth of dairy blends market, reveals Future Market Insights (FMI).

“Consumers are
increasingly concerned about their health and wellbeing. Consequently, foods
with higher nutritive value has gained importance. This provides impetus to
dairy blends producers, as their offerings are considered to be healthier than
traditional dairy products,” says the FMI analyst.

Request report sample with 250+ pages to
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https://www.futuremarketinsights.com/reports/sample/rep-gb-11137

Dairy Blends
Market – Key Takeaways

  • Powdered dairy blends will remain a leading product in the market, driven by the demand for bakery and baby foods during the forecast period.
  • The bakery segment will hold the lead through the forecast period, on the basis of end use application.
  • The dairy mixture segment will account for a large market share, in terms of product type.
  • North America will hold a leading position in the global market share, while Europe and Asia Pacific excluding Japan will display high growth.

Dairy Blends
Market – Key Driving Factors

  • The rising demand for healthy alternatives to traditional milk products is a major growth driver.
  • Rising demand from working parents for infant formula and baby food options remains a key influencer.
  • The easy substitution of milk and butter by dairy blends in bakery applications supports overall market growth.
  • Lower costs and longer shelf life of dairy blends goods is also a driver for global market growth.

Dairy Blends
Market – Key Constraints

  • Strict standards of quality and production set up by international regulatory bodies will remain a challenge for market players.
  • Lack of widespread awareness about dairy blend products will also remain major restraint for market players.

Explore the
global dairy blends market report with 120 illustrative figures, 80 data tables
and the table of contents. You can also find a comprehensive market
segmentation on
https://www.futuremarketinsights.com/reports/dairy-blends-market

Competition
Landscape

Key players
in the dairy blends market are Agropur Ingredients, Fonterra Co-operative Group,
Kerry Group, Abbott Nutrition, Doehler Group, Cargill Inc, Pacificblends Ltd.,
Advanced Food Products, Friesland Campina N.V., All American Foods Inc., Cape
Food Ingredients, Agri-Mark Inc., and Hormel Specialty Products. Majority of
these players are investing in expanding their product portfolios and
optimizing their sourcing processes for raw materials. Moreover, substantial
lucrative opportunities in the industry is expected to result in a major influx
of new entrants in the market.

More About
the Report

The FMI’s
market research report of 300 pages offers comprehensive insights on dairy
blends market. The market is analyzed on the basis of application (infant
formula, ice cream, bakery, confectionery, butter & cheese blends,
beverages, and others), flavor (regular and flavored), form (spreadable,
powder, and liquid), and distribution channel (B2B and B2C) across seven key
regions (North America, Latin America, Europe, APEJ, Japan, Oceania, and MEA).

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About
Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. 

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