Dairy By-Products Market – Overview

The escalation in the level of dairy production has increased the supply of dairy by-products significantly. Market reports associated with the Food; Beverages & Nutrition industry have been made available by Market Research Future who publishes reports on other sectors that have been presently published along with a report on this industry. The market is set to expand at a positive CAGR rate in the forecast period.

Furthermore, rapid growth in demands for infant foods, processed foods, dairy-based products, and dietary supplements, along with wide range of applications in personal care and sports nutrition industry are some of the key factors driving the market growth.

Global Dairy By-Products Industry is a product of commercial value produced along with the main product at the time of dairy processing.  Whey & ghee residue are the most common by-products obtained. Whey is rich in vitamins, minerals and contains only trace amount of fat which is used for the production of various nutritional sports products.

Key Players:
Some of the key players profiled in the global dairy by-products market:  Nestle S.A. (Switzerland), Danone, Inc. (Canada), Groupe Lactalis S.A. (France), Dairy Farmers of America, Inc. (U.S.), Koninklijke FrieslandCampina NV (the Netherlands), Fonterra Co-operative Group Ltd. (New Zealand), Arla Foods amba (Denmark), Inner Mongolia Yili Industrial Group Co., Ltd. (China), Saputo Inc. (Canada), China Mengniu Dairy Company Ltd. (China).

Segmental Analysis

The market for dairy by products is segmented on the basis of type, form, and application. The segmentation in the basis of type includes ghee residue, whey, and other by-products. The whey segment is dominating the market due to its increased usage in the manufacture of nutritional supplements and protein beverages. The form-based segmentation of the market comprises of powder, liquid, granules, and others. The powder segment is leading the market because of its increased use in functional food & beverage products and supplements. 

Regional Analysis

The regional analysis of the dairy by-products market is segmented into Europe, North America, Asia Pacific, and the rest of the world (RoW). The North American market has the major share of the market followed by the European region. The rising demand for nutritional protein-based food products between the advanced nations of the North American and European region is backing up the growth of dairy by-products market considerably.

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Though, the Asia Pacific region is anticipated to be the most rapidly growing market through the forecast period. Moreover, the escalating demand for dietary supplements in the population is complimenting the growth of global dairy by-products market.

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According to the report “Food Safety Testing Equipment and Consumables Market: Type (Chromatography Systems, Mass Spectrometry Systems, Others) Contaminant Type (Microbiological Analysis, Allergens Analysis, Pesticides and Fertilizers, Others) By Food Type & By Geography-Forecast(2016-2021)”, published by IndustryArc.

Browse 75 Market Tables, 40 Figures spread through 190 Pages and an in-depth TOC on “Global Food Safety Testing Equipment and Consumables Market (2016 - 2021)”
http://www.industryarc.com/Report/189/Food-Safety-Testing-Equipment-and-Consumables-Market.html

Safety testing has become one of the keystones of food value chain to ensure quality food products and ultimately consumer health. There are various types of food raw materials available that are directly consumed or processed into other consumable items. The products that are dominantly monitored in the food safety testing market include Dairy products and meat & poultry industry. These products are highly susceptible to contaminant presence owing to their production and processing facility conditions. Following it are the fruits & vegetables that after harvesting requires a proper environment for their storage. Global food safety testing equipment market is estimated to grow at a CAGR of 6.1% to reach $3,301.4 Million by 2021.

The nutritional facts or labeling on the food product has been prioritized recently. The initiation of organic food products, functional foods, GMO foods and other similar products in the market has made the labeling both a regulatory and marketing compulsion for food manufacturers. For example, ‘100% gluten-free and ‘zero cholesterol’ are some of the claims visible on many organic or functional food products. In January 2015, Morrison Meat Packets (U.S.) recalled nearly 70,077 pounds of cooked pork products as it contained peanuts, a well-known allergen that is not declared on the product label. This kind of mislabeling and misbranding of a product with an undeclared allergen may lead to health hazard situations and there are more chances of adverse health consequences or death. Product related information is increasingly being perceived by the consumer to make choices while buying a food product. Thus, the rising consumer demand for accurate labeling mandates efficient testing of food.

Rise in global trade, increase in food mishaps resulting in product recalls, growing consumer awareness on food safety and clamor for labeling and increasing trend of outsourcing testing, inspection and certification (TIC) activities are the key drivers for increasing demand for food safety testing equipment. PCR equipment is the segment accounted for highest revenue in this market and is estimated to grow at a CAGR of 7.5%. North America is the dominant market for food safety testing equipment and is estimated to reach $991.6 Million by 2021 at a CAGR of 4.6%.

The key Players in this Market Include:
Thermo Fisher Inc.
Agilent Technologies Inc.
Bruker Corporation
Shimadzu Corporation

The food safety testing equipment and consumables market is dominated by key players with a wide distribution network and strong brand image. Acquisitions and product launches are few of the growth strategies the key players in the industry are striving to increase their market share.

Various types of consumables included in the report are:
Test Kits
Reagents
General Labware

The overall market is also presented from the perspective of different geographic regions and the key countries for this industry.

Browse Related Reports:

Food Additives Testing Market: By Additive Type (Colorants, Preservatives, Emulsifiers, Flavor Enhancers, Sweeteners & Others), By Technology (Immunoassay-based, PCR-based, Convenience-based & others) & By Geography - Forecast (2015-2020).
http://www.industryarc.com/Report/7369/Food-Additives-Testing-Market-Research-Report.html

Food Testing Market By Technology (Polymerase Chain Reaction, Mass Spectrometry, Chromatography, Immunoassay, Nuclear Magnetic Resonance) : By Testing Type & Geography - (2013 - 2018).
http://www.industryarc.com/Report/153/global-food-testing-equipment-market.html

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According to BlueWeave Consulting, The Global Dairy Product Market is anticipated to grow with a significant growth rate during the forecast period 2019-2025. Due to the changing lifestyle and fast- pace working hours, consumers have less time for health. Therefore, food with several health benefits, less fat content is preferred to stay fit. Rising health-conscious population across the world is likely to fuel the demand for dairy products. Driving factors such as the increased consumption of processed food, changing lifestyle, growing urbanization, and the rise in disposable income will set to witness considerable growth in the dairy products market.

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The government of India has introduced numerous schemes and initiatives aimed at the development of the dairy sector in the country. For instance, the “National Dairy Programme (Phase-I)” aims to boost cattle productivity and increase the production of milk strengthening and expanding the rural milk procurement infrastructure and provide greater market access to the farmers. The major factors pushing the growth of the global dairy products market are increasing process food consumption and the growing fast-food industry. Moreover, due to an increase in obesity-related problems, most people are avoiding food with high-fat content thus, increased the demand for low-fat dairy products.

Cheese & Milk segment holds for the largest share of the overall dairy products market during the forecast period.

Among dairy products type, Milk and Cheese segment dominates the entire dairy products market due to their nutritional qualities, unique taste and increasing health consciousness among consumers. In the dairy sector, the biggest value-added product is the fresh pasteurized milk which is sold to the consumer directly. The demand for cheese was and still is popular among travel foods due to its portability, long shelf life. Cheese is a highly nutritious and pleasant-tasting milk-derived food products found in a wide range of textures, tastes, and aromas. Increasing incomes, rising standards of living and health consciousness among the consumers have likewise pushed the growth of the market in a positive direction.

Asia-Pacific is the leading region of the global dairy products market during the forecast period.

Geographically, Asia-Pacific dominates the overall dairy products market and projected to lead the market over the forecast period. The rising necessity for nutritious, healthy, and organic products on account of increasing awareness regarding health is expected to augment market demand. India and China are the main countries contributing to the high demand for the dairy products in this region. Growing adoption levels of a lazy routine, unhealthy food habits and increasing awareness levels for nutritional food products are also projected to increase demand for the market. Government arbitration plays a significant role in regulating the market growth. Latin America is projected to have healthy growth throughout the forecast period.

Global Dairy Products Market: Competitive Landscape

Companies such as Amul, Dairy Farmers, Kraft Foods Inc., Fonterra group Cooperative Limited, Dairy Farmers of America Inc., Arla Foods UK Plc., Meiji Dairies Corporation, Nestle SA, Royal Friesl and Campina N.V., SanCor Cooperatives, Megmilk Snow Brand Co. Ltd, Dean Foods Company, Parmalat S.P.A, Danone and Unilever are the leading players of dairy products market across the globe.

Don’t miss the business opportunity of dairy products market. Consult to our analyst and gain crucial insights and facilitate your business growth.

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View Important Points Covered in This Study Report for Competitive Analysis:

Research Framework

Research Methodology

Executive Summary

Voice of Customer

Industry Insights

Global Dairy Products Market Overview

Global Dairy Products Market, By Product

Global Dairy Products Market, By Application

Global Dairy Products Market, By Sales Channel

Global Dairy Products Market, By Region

Company Profile (Company Overview, Financial Matrix, Key Products landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)

The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of global dairy products market size & forecast. The report promises to provide state-of-the-art technology of dairy products and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

Overview of Detailed Analysis on Global Dairy Products Market: https://www.blueweaveconsulting.com/global-dairy-products-market-bwc19153/#RD

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