Protein demand drives dairy ingredients market

MORE consumers today are looking for food and beverages with proteins. This is giving the dairy ingredients market a shot in the arm, ensuring remarkable growth in the next few years. Milk protein concentrates and isolates are amongst the fastest risers, whilst milk powder, a dominant ingredient with a wide range of applications, is growing at a slower pace. A new report, Dairy Ingredients Market by Type & Application - Global Trends & Forecasts to 2018, highlights other major trends. According to this report from Research and Markets, the top five players account for 47.7% of the market. Companies such as Friesland Campina (The Netherlands), Arla Foods (Denmark), are poised to tap more of the Asia-Pacific region.

The dairy ingredient market consists of various stakeholders such as suppliers, ingredient processors, research institutes, food and beverage companies, traders, distributors, and consumers. The companies enjoying sizeable market share are Glanbia PLC (Ireland), Fonterra Co-Operative Group Limited (New Zealand), Dairy Farmers of America (U.S.), Arla Foods (Denmark), FrieslandCampina (The Netherlands), and others.

Access the report.