Dairy Nutritional and Nutraceutical Ingredients Market in Europe (U.K., Spain, France, and Switzerland) is expanding steadily, which can be linked to the growing initiatives taken by foodservice providers to reduce waste. In the near future, it is also anticipated that increased support and promotional efforts by various associations to increase consumer demand for eco-friendly products will fuel market expansion.
The market has been divided based on product type, raw material, end-use, distribution channel, and country for a better understanding and analysis of the sector.
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Segment Analysis
The dairy protein segment is expected to be valued at US$ 17.9 Bn by 2021 and is projected to register a CAGR of 6.6% over the forecast period. In terms of ingredients, dairy protein is segmented into whey protein and casein protein. Whey protein is the most demanding ingredient type in the diary protein segment across the globe. The market is driven by the demand for dairy protein ingredients in the food and beverages industry, cosmetic industry, bakery, and personal care.
The diary protein segment is estimated to account for a significantly high value share of 81.4% by 2016 end. The colostrum segment is estimated to account for a revenue share of 10.9% in the global dairy nutritional and nutraceutical ingredients market by 2016 end and is expected to register a CAGR of 8.3% over the forecast period. The prebiotics segment revenue is projected to register Y-o-Y growth rates ranging from 6.2% to 8.3% over 2016–2024. This segment is expected to register a CAGR of 7.6% over the forecast period.
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Market Segmentation (dairy nutritional and nutraceutical ingredients market)
The market is segmented as follows:
By Ingredients Type
- Dairy Protein
- Whey Protein
- WPI
- WPC
- WPH
- Casein Protein
- CPI
- CPC
- CPH
- Prebiotics
- Lactulose
- Lactitol
- Lacto Bionic
- Galacto Oligosaccharides
- Vitamin & Minerals
- Colostrum
- Nucleotides
By Application Type
- Functional Food
- Infant Formula & Clinical Nutrition
- Dairy Products
- Bakery & Confectionaries
- Personal Care
By Region
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa
Key Market Players
Some of the key players identified in the global dairy nutritional and nutraceutical ingredients market include Fonterra Co-operative Group Ltd., Koninklijke DSM N.V., Proliant Inc., Arla Foods amba, E.I. DuPont De Nemours and Co., Cargill Inc., APS Biogroup, Groupe Lactalis S.A., Nestlé SA, and Danone SA.
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