Asia Pacific Dairy Ingredients Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028


No. of Pages: 121    |    Report Code: TIPRE00028844    |    Category: Food and Beverages

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Asia Pacific Dairy Ingredients Market

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)
Asia Pacific Dairy Ingredients Market Revenue and Forecast to 2028 (US$ Million)

 

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.


Asia Pacific Dairy Ingredients Strategic Insights

Strategic insights for the Asia Pacific Dairy Ingredients provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Dairy Ingredients Report Scope

Report Attribute Details
Market size in 2021 US$ 34,342.21 Million
Market Size by 2028 US$ 41,107.23 Million
Global CAGR (2021 - 2028) 2.6%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Milk Powder
  • Proteins
  • Milk Fat Concentrates
  • Lactose & Lactose Derivatives
By Application
  • Food & Beverages
  • Animal Feed
  • Pharmaceuticals & Nutraceuticals
  • Personal Care
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • 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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    Asia Pacific Dairy Ingredients Regional Insights

    The geographic scope of the Asia Pacific Dairy Ingredients refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Asia Pacific Dairy Ingredients Market

    1. Lactalis Ingredients
    2. Saputo Inc.                                                                        
    3. FONTERRA CO-OPERATIVE GROUP LIMITED       
    4. Kerry Group                                                                      
    5. AMCO Proteins                                                                
    6. PROLACTAL                                                                       
    7. Glanbia Ireland                                                                
    8. Arla Foods Ingredients Group P/S                           
    Frequently Asked Questions
    How big is the Asia Pacific Dairy Ingredients Market?

    The Asia Pacific Dairy Ingredients Market is valued at US$ 34,342.21 Million in 2021, it is projected to reach US$ 41,107.23 Million by 2028.

    What is the CAGR for Asia Pacific Dairy Ingredients Market by (2021 - 2028)?

    As per our report Asia Pacific Dairy Ingredients Market, the market size is valued at US$ 34,342.21 Million in 2021, projecting it to reach US$ 41,107.23 Million by 2028. This translates to a CAGR of approximately 2.6% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Dairy Ingredients Market report typically cover these key segments-

  • Product Type (Milk Powder, Proteins, Milk Fat Concentrates, Lactose & Lactose Derivatives)
  • Application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, Personal Care)
  • What is the historic period, base year, and forecast period taken for Asia Pacific Dairy Ingredients Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Dairy Ingredients Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in Asia Pacific Dairy Ingredients Market?

    The Asia Pacific Dairy Ingredients Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Lactalis Ingredients
  • Saputo Inc.
  • FONTERRA CO-OPERATIVE GROUP LIMITED
  • Kerry Group
  • AMCO Proteins
  • PROLACTAL
  • Glanbia Ireland
  • Arla Foods Ingredients Group P/S
  • Who should buy this report?

    The Asia Pacific Dairy Ingredients Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Dairy Ingredients Market value chain can benefit from the information contained in a comprehensive market report.