Dairy Blends Market

Dairy Blends Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The dairy blends market was estimated to be US$ 4.47 Billion in 2022.

The global dairy blends market is expected to grow at a CAGR of 7.9% from 2023 to 2032.

The expansion of the food and beverage industry has resulted in a growing demand for dairy blends as an essential ingredient in various food products, such as ice cream, cheese, and bakery goods.

The powder and spreadable product form is growing continuously in the dairy blend market.

The bakery products segment accounts for the largest share in the dairy blends market because of the extensive use of dairy blends in various baked goods, such as cakes, biscuits, and bread.

North America is the largest regional market for dairy blends.

One of the key growth strategies adopted by these companies is mergers and acquisitions. Companies are acquiring smaller players in the market to expand their product portfolio and increase their global presence.

Abbott Nutrition, Agropur, Cape Food Ingredients, Cargill Inc., Dohler Group, Fonterra, Intermix Australia Pty Ltd., Johnson & Johnson, Kerry, Royal FrieslandCampina N.V., among others, are the key players in this market.