Title: Dairy Blends Market - Forecast, 2022-2027
1Dairy Blends Market MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Dairy Blends Market size is forecasted to reach
5.3 billion by 2027 and is expected to grow at a
CAGR of 8.7 during the forecast period
2022-2027. - Dairy blends are dairy mixtures made from a
combination of condensed milk fat in the form of
cream, vegetable oils, salt, and water. It can
also be made from butter blends or butterfat, a
saturated fat-free alternative. - A major advantage of dairy blends is that they
can be converted into products in several forms
for ease of consumption. - Customers' growing health consciousness, as well
as the nutritional benefits of these products,
has prompted them to choose dairy blends over
traditional dairy ingredients. - Dairy blends in powder form are also inexpensive,
and many consumers in the lower class utilize
them as a liquid milk substitute, which in turn
is driving the Dairy Blends Market for the period
2022-2027
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- Key Takeaways
- Geographically, The Asia Pacific Dairy Blends
Market accounted for the highest revenue share in
2021. This is owing to the increase in the number
of middle-class consumers in the region, which
has led to an increased demand for products such
as ice cream and butter blends. - The market growth is further being driven because
of the high demand across diverse sectors,
especially the Bakery sector. - Powdered dairy blends are especially sought after
for their bakery applications. - However, several Dairy Blends are underutilized
in functional food production. This in turn is
hampering the growth of the Dairy Blends Market.
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Dairy Blends Market Segment Analysis By Product
Type The Dairy Blends Market based on Type can
be segmented into Dairy mixtures, Ingredients,
Carriers, and Others. The Ingredients segment had
the largest share in the Dairy Blends Market in
2021 growing at a CAGR of 9.9 during the
forecast period 2022-2027. This is owing to its
multiple applications in the preparation of
consumer favorite products such as ice cream and
cheese. Modern-day dairy ingredients are
naturally extracted and not based on whey
derivatives like in the old times. Therefore,
dairy ingredients in this day and age contain
several valuable nutrients which are found in
milk.
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- Dairy Blends Market Market Industry Outlook
- Dana Foods Inc.
- Kerry Foods
- Fairfield Dairy
- Fonterra Co-operative Group
- BPI A/S
- Saputo Inc
- Castle Dairy
- All American Foods
- ACE International
- Cargill, Incorporated
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Dairy Blends Market Market - Forecast(2022 -
2027) Learn More About the Report _at_
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