The Worldwide Dairy Blends Industry is Expected to Reach $4.54 Billion by 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Dairy Blends Market Global Forecast 2021-2027, Industry Trends, Share, Growth, Impact of COVID-19, Opportunity Company Analysis” report has been added to ResearchAndMarkets.com’s offering.
Dairy blends are dairy products produced by blending or mixing two dairy mixes, such as condensed cream or butter mixed with vegetable oils. Dairy blends are chosen over dairy products because of perks such as low cost, ease of spreadability, and health benefits. Dairy blends also provide nutritional value to people by combining a protein source with dairy products. Dairy mixes include butter with cocoa powder, butter oils with vegetable fats, and butter with sugar. According to the publisher latest report, the Global Dairy Blends Market is expected to reach US$ 4.54 Billion by 2027.
The Global Dairy Blends Market is classified into powder, spreadable and liquid. Amongst the variants, the powdered dairy blend is the most popular form of a dairy blend. Since the powder is produced usually by spray-drying milk, it holds all the nutritional values as natural cow’s milk. The powder form is primarily used in making baby food products or infant formulations. The powdered dairy blend also works as a sweetener and stabilizer in ice cream and yoghurts. Besides, it is easy to store and has a more prolonged shelf life owing to its dry form.
Moreover, spreadable dairy blends are increasingly becoming popular and are expected to witness growth during the forecasted period. Spreadable dairy blends are made using vegetable oils that eliminate the risk of heart diseases. The primary factor contributing to the development of spreadable dairy blends is that it serves as a low-fat alternative to butter and margarine, addressing it healthy for consumption. Spreadable dairy blends are used with cocoa, vanilla, and various other flavours for taste preferences. Hence, such products are utilized as toppings in salad dressings, frozen custards, and ice creams.
Dairy Blends Market Response to COVID-19 Pandemic
A global impact on foodservice in 2020 positively affected the dairy blends industry growth. A potential shift from meat-based to dairy-based protein owns bode well for the industry scope. Additionally, the pandemic has made people more aware of the need to adopt healthy diets. A more substantial than expected rise in retail sales in the U.S. and European countries and milk production will foster dairy blends market value over 2020-2027. the study suggests that the Global Dairy Blends Industry is expected to grow with a CAGR of 5.27% from 2020-2027.
Company Analysis:
1. Cargill Foods
2. Kerry Foods
3. Archer Daniels Midland
4. Tate & Lyle
Key Topics Covered:
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Dairy Blends Market
6. Market Share Analysis
6.1 By Type
6.2 By Application
6.3 By Product
6.4 By Region
7. Type – Global Dairy Blends Market
7.1 Dairy Mixtures
7.2 Dairy/Non dairy ingredient
7.3 Dairy as Functional
7.4 Dairy as Carrier
8. Application – Global Dairy Blends Market
8.1 Bakery
8.2 Ice-cream
8.3 Infant Formula
8.4 Others
9. Product – Global Dairy Blends Market
9.1 Powder
9.2 Spreadable
9.3 Liquid
10. Region – Global Dairy Blends Market
10.1 North America
10.2 Europe
10.3 Asia Pacific
11. Key Players Analysis
11.1 Cargill Foods
11.1.1 Overview
11.1.2 Recent Developments
11.1.3 Sales
11.2 Kerry Foods
11.2.1 Overview
11.2.2 Recent Developments
11.2.3 Sales
11.3 Archer Daniels Midland
11.3.1 Overview
11.3.2 Recent Developments
11.3.3 Sales
11.4 Tate & Lyle
11.4.1 Overview
11.4.2 Recent Developments
11.4.3 Sales
For more information about this report visit https://www.researchandmarkets.com/r/xhim9w
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