Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Good nutrition and access to an adequate diet and health are essential for child growth and development, body maintenance and protection from both infectious and non-communicable diseases (NCDs) in adult life. Adequate nutrition and a healthy productive population are increasingly recognized not only as resulting from but also as an important prerequisite for poverty reduction and economic and social development. Improvements in family diets and children’s nutritional status globally are thus imperative for achieving the Millennium Development Goals (MDGs) related to the eradication of extreme poverty and hunger and increasing child survival.
Instant upsurge in collective intake of milk is driven by millions of people with the increase in disposable incomes growing from mostly starch-based diets into foods containing growing amounts of dairy products. The principal forces driving these trends are likely to continue, and the pursuit for improved demand for dairy ingredients remains massive in large parts of the developing world.
Growing health concerns amid populace; mounting R&D activities associated to advanced solutions by means of dairy ingredients; development in various application sectors such as confectionery and dairy; and expanded urbanization drive the market growth. Nevertheless, accessibility of alternatives of dairy ingredients and existence of lactose intolerance and milk allergies obstruct this growth. Milk protein concentrates (MPC) have been industrialized by CO2 injection, which hold similar functional characteristics as acid casein and are possible substitutes to casein and caseinate ingredients. Latest developments in innovative technologies, such as adsorption chromatography, have been observed to manufacture ingredients with prebiotic benefits, therefore offering a major opportunity for market growth.
The study analyses Global Dairy Ingredients market based on type, livestock, application, form and geography. Various dairy ingredients such as proteins, milk powder, milk fat concentrates, lactose etc. are accessible in the market. Cows are the favored livestock when compared to all other cattle, owing to the production of milk in most of the regions. Dairy ingredients find applications in bakery & confectionery, dairy products, sports nutrition products, infant formulas and others. Out of dry and liquid, the dry form of dairy ingredients is favored by food manufacturers, because of comfort in transportation when compared with the liquid form. Geographically, the market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World.
Various dairy ingredients such as proteins, milk powder, milk fat concentrates, lactose etc. are accessible in the market. Milk powder is made by dehydrating milk through roller drying and spray drying. Different sorts of milk are used to gain milk powder, which controls the structure of the milk powder. Milk powder is appropriate to use in numerous dairy products. It assists as a key component in maximum of health products, which are full of protein and essential vitamins. Increased involvement of women in labor force has managed to climb in number of women working outside their houses, which pushes the growth of the infant formulas market. Infant formulas offer an appealing substitute to working mothers for their babies as per the need and convenience.
Milk proteins can be found in various kinds specific functional and nutritional applications and some milk proteins hold biological activities. Some of these biological activities are linked with the complete proteins themselves while others are related with amino acid sequence within the proteins that can be produced from the intact protein on hydrolysis.
Cows are the favored livestock when compared to all other cattle, owing to the production of milk in most of the regions. This is majorly because to its low buying and maintenance costs. The production of milk is higher in cows as compared to other cattle. Also, animals, such as camels and goats, have high maintenance and produce lesser yield.
Dairy ingredients find applications in bakery & confectionery, dairy products, sports nutrition products, infant formulas and others. Some dairy ingredients like butter, skimmed milk powder are a key solution in bakery to provide taste, texture or a color. However, dairy ingredients are essential in the production of dairy products, whether for reconstitution, viscosity control or yield increase.
Sports Nutrition has undergone an astonishing decade of development. Consumers are looking for products that can optimize performance and maintain good health. Thus, there are range of nutritional products added with quality dairy ingredients.
Out of dry and liquid, the dry form of dairy ingredients is favored by food manufacturers, because of comfort in transportation when compared with the liquid form. Also, the packaging cost for the dry ingredients is lesser, which additionally minimizes the final cost of the product. Dried format of dairy ingredients also has a longer shelf life and is easy to handle, thereby increasing the demand for dry ingredients among the manufacturers.
Geographically, the market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific region is likely to overshadow the market for dairy ingredients and is anticipated to observe the fastest growth among all the regions. Growing health concerns has fueled the market for functional and fortified foods, which is generating the need for dairy ingredients. Producers have been using dairy ingredients since they are known to have multipurpose functional and nutritional properties such as providing richness, texture, flavor, and color to food products. Ingredients, such as milk powder, are being used in infant formulas and sports drinks. As the millennial populace in the region is large, the request for such food and beverages is high.
Robust global worries about the pandemic coronavirus have significantly but negatively inclined the global functioning of the food & beverage industry and the mentality of consumers, given the health risks. Moreover, factors such as consumer uncertainties, demand-supply volatility, trade and logistics, raw material supply and on the economic front, although prices of F&B products and agricultural produce have remained stable, a prolonged outbreak of COVID-19 will lead to economic instability and food inflation. While the short-term impacts are more evident, it is yet to be understood what impacts and what magnitude of impact the outbreak of COVID-19 will have on the supply chain in the long term.
FrieslandCampina, Fonterra Co-Operative Group, Arla Foods, Glanbia, Kerry Group, Dairy Farmers of America, Groupe Lactalis, Ornua, Ingredia SA and AMCO Proteins among others are the major players active in the Dairy Ingredients market.
The study analyses Global Dairy Ingredients market based on type, livestock, application, form and geography. Various dairy ingredients such as proteins, milk powder, milk fat concentrates, lactose etc. are accessible in the market. Cows are the favored livestock when compared to all other cattle, owing to the production of milk in most of the regions. Dairy ingredients find applications in bakery & confectionery, dairy products, sports nutrition products, infant formulas and others. Out of dry and liquid, the dry form of dairy ingredients is favored by food manufacturers, because of comfort in transportation when compared with the liquid form. Geographically, the market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World.
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