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Asia Pacific Dairy Ingredients Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Milk Powder, Proteins, Milk Fat Concentrates, Lactose & Lactose Derivatives, and Others) and Application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, and Personal Care).
The Asia Pacific dairy ingredients market is expected to reach US$ 41,107.23 million by 2028 from US$ 34,342.21 million in 2021; it is expected to grow at a CAGR of 2.6% from 2021 to 2028.
Consumers are increasingly preferring more natural and sustainable products for consumption, which makes them concerned about the ingredients mentioned on the food labels. They are choosing products with simpler ingredients, which are free of artificial ingredients and chemical preservatives. This preference has given rise to the clean label trend. Consumers perceive such products to be healthier and more sustainable. However, as customer expectations have evolved, the scope of the term clean label has broadened to include organically grown, GMO-free products produced through minimal processing.
In the dairy industry, the clean label trends are rapidly evolving, and manufacturers are focusing on sustainable development requirements, such as ethical sourcing of raw materials, supply chain transparency, and human and animal welfare. Dairy ingredients are clean solutions to chemical stabilizers, emulsifiers, and thickening and setting agents. Moreover, native proteins, such as native whey proteins, are considered minimally processed, clean-label ingredients. LACTALIS Ingredients, one of the prominent manufacturers of dairy ingredients, offers Pronativ, a native whey protein that can be used in products that are meant to be clean labeled. The rising clean label trends across the dairy industry are expected to boost the demand for dairy ingredients in Asia Pacific in the coming years.
With the new features and technologies, vendors in the dairy ingredients market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific dairy ingredients market at a good CAGR during the forecast period.
Asia Pacific Dairy Ingredients Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Dairy Ingredients Market Segmentation
Based on product type, the Asia Pacific dairy ingredients market is segmented into milk powder, proteins, milk fat concentrates, lactose & lactose derivatives, and others. Based on application, the Asia Pacific dairy ingredients market is segmented into food & beverages, animal feed, pharmaceuticals & nutraceuticals, and personal care. Geographically, the dairy ingredients market is segmented into Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of APAC). Lactalis Ingredients, Saputo Inc., FONTERRA CO-OPERATIVE GROUP LIMITED, Kerry Group, AMCO Proteins, PROLACTAL, Glanbia Ireland, Arla Foods Ingredients Group P/S are among the leading companies in the Asia Pacific dairy ingredients market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Asia Pacific Dairy Ingredients Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Value Chain Analysis
4.4.1 Milk Powder
4.4.1.1 Raw Material
4.4.1.2 Manufacturing/Processing
4.4.1.3 Packaging
4.4.2 Whey Protein
4.4.2.1 Raw Material
4.4.2.2 Manufacturing/Processing
4.4.2.3 Packaging
5. Asia Pacific Dairy Ingredients Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Wide Application Scope
5.1.2 Growth of Dairy Industry
5.2 Market Restraints
5.2.1 Surging Demand for Dairy-Free Alternatives
5.3 Market Opportunities
5.3.1 Rising Popularity of Certified-Organic Dairy Ingredients
5.4 Future Trends
5.4.1 Growing Clean Label Trends in Dairy Industry
5.5 Impact Analysis of Drivers and Restraints
6. Asia Pacific Dairy Ingredients –Country Market Analysis
6.1 Asia Pacific Dairy Ingredients Market Overview
6.2 Asia Pacific Dairy Ingredients Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Dairy Ingredients Market Analysis – By Product Type
7.1 Overview
7.2 Asia Pacific Dairy Ingredients Market, By Product Type (2020 and 2028)
7.3 Milk Powder
7.3.1 Overview
7.3.2 Milk Powder: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Proteins
7.4.1 Overview
7.4.2 Proteins: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Milk Fat Concentrates:
7.5.1 Overview
7.5.2 Milk Fat Concentrates: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Lactose and Lactose Derivatives:
7.6.1 Overview
7.6.2 Lactose and Lactose Derivatives: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Others:
7.7.1 Overview
7.7.2 Others: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Dairy Ingredients Market Analysis – By Application
8.1 Overview
8.2 Asia Pacific Dairy Ingredients Market, By Application (2020 and 2028)
8.3 Food & Beverages
8.3.1 Overview
8.3.2 Food & Beverages: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Animal Feed
8.4.1 Overview
8.4.2 Animal Feed: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Pharmaceuticals & Nutraceuticals
8.5.1 Overview
8.5.2 Pharmaceuticals & Nutraceuticals: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Personal Care
8.6.1 Overview
8.6.2 Personal Care: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Dairy Ingredients Market – Country Analysis
9.1 Overview
9.2 Asia-Pacific: Asia Pacific Dairy Ingredients Market
9.2.1 Asia-Pacific: Dairy Ingredient Market – Analysis and Forecast to 2028 (US$ Million)
9.2.1.1 China: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
9.2.1.1.1 China: Dairy Ingredient Market, by Product Type
9.2.1.1.2 China: Dairy Ingredient Market, by Application
9.2.1.2 Japan: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
9.2.1.2.1 Japan: Dairy Ingredient Market, by Product Type
9.2.1.2.2 Japan: Dairy Ingredient Market, by Application
9.2.1.3 India: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
9.2.1.3.1 India: Dairy Ingredient Market, by Product Type
9.2.1.3.2 India: Dairy Ingredient Market, by Application
9.2.1.4 South Korea: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
9.2.1.4.1 South Korea: Dairy Ingredient Market, by Product Type
9.2.1.4.2 South Korea: Dairy Ingredient Market, by Application
9.2.1.5 Australia: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
9.2.1.5.1 Australia: Dairy Ingredient Market, by Product Type
9.2.1.5.2 Australia: Dairy Ingredient Market, by Application
9.2.1.6 Rest of Asia-Pacific: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
9.2.1.6.1 Rest of Asia-Pacific: Dairy Ingredient Market, by Product Type
9.2.1.6.2 Rest of Asia-Pacific: Dairy Ingredient Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
11. Company Profiles
11.1 Lactalis Ingredients
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Saputo Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 FONTERRA CO-OPERATIVE GROUP LIMITED
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Kerry Group
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 AMCO Proteins
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 PROLACTAL
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Glanbia Ireland
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Arla Foods Ingredients Group P/S
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Asia-Pacific Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia-Pacific Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 3. China Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. China Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 7. India Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. India Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 9. South Korea Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. Australia Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Australia Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Asia-Pacific Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Asia-Pacific Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Dairy Ingredients Market Segmentation
Figure 2. Asia Pacific Dairy Ingredients Market Overview
Figure 3. Asia Pacific Dairy Ingredients Market: By Product Type
Figure 4. Asia Pacific Dairy Ingredients Market: By Region
Figure 5. Porter's Five Forces Analysis
Figure 6. Expert Opinion
Figure 7. Value Chain: Milk Powder
Figure 8. Value Chain: Whey Protein
Figure 9. Asia Pacific Dairy Ingredients Market Impact Analysis of Drivers and Restraints
Figure 10. Country Overview of Asia Pacific Dairy Ingredients Market
Figure 11. Country : Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Asia Pacific Dairy Ingredients Market Revenue Share, By Product Type (2020 and 2028)
Figure 13. Milk Powder: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Proteins: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Milk Fat Concentrates: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. Lactose and Lactose Derivatives: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Others: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Asia Pacific Dairy Ingredients Market Revenue Share, By Application (2020 and 2028)
Figure 19. Food & Beverages: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Animal Feed: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Pharmaceuticals & Nutraceuticals: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. Personal Care: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Asia Pacific Dairy Ingredients Market Revenue Share, By Region (2020 and 2028)
Figure 24. Asia-Pacific: Dairy Ingredient Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. China: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. Japan: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. India: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. South Korea: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Australia: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of Asia-Pacific: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
- Lactalis Ingredients
- Saputo Inc.
- FONTERRA CO-OPERATIVE GROUP LIMITED
- Kerry Group
- AMCO Proteins
- PROLACTAL
- Glanbia Ireland
- Arla Foods Ingredients Group P/S
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