DAIRY NUTRITIONAL AND NUTRACEUTICAL INGREDIENTS MARKET ANALYSIS

Dairy Nutritional and Nutraceutical Ingredients Market, By Ingredients (Dairy Protein (Whey Protein (WPI, WPC, WPH), Casein Protein (CPI, CPC, CPH)), Prebiotics (Lactulose, Lacto Bionic, Galacto Oligosaccharides), Vitamin & Minerals, Colostrum, Nucleotides), By Application (Functional Food, Infant Formula & Clinical Nutrition, Dairy Products, Bakery & Confectionaries, Personal Care), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030.

Published In : Jul 2023
Code : CMI4028
Pages :120
Formats :
Excel and PDF
Industry : Food Ingredients

Dairy Nutritional And Nutraceutical Ingredients MarketSize and Trends

Global dairy Nutritional and Nutraceutical Ingredients Market was valued at US$ 19.57 Bn in 2022, and is expected to exhibit a CAGR of 8.4%, in terms of revenue, over the forecast period (2023-2030) to reach US$ 37.21 Bn by 2030. Dairy nutritional and nutraceutical elements are dairy protein foods that are important for health. Whey protein and casein protein make up dairy protein. They are utilized in a variety of food and non-food applications, including the cosmetics sector. Dairy nutritional and nutraceutical elements may provide health advantages such as lowering the risk of cardiovascular disease, improving digestion, and boosting the immune system overall.

Market Trends

Ready-to-eat food and beverages

Ready-to-eat and drink products are gaining traction in the market due to the changing lifestyle of the consumer is expected to propel the market growth of dairy nutritional and nutraceutical ingredients. An increasing number of working women coupled with the increasing spending on healthy food products by consumers due to growing disposable income is further expected to bolster the market growth of dairy nutritional and nutraceutical ingredients.

Rise in popularity of organic colostrum

The rising growth of organic colostrum due to growing health wellness trends and growing awareness regarding the health benefits of organic food products is expected to fuel the market growth. Moreover, growing awareness regarding the benefits of milk protein is also expected to foster the market growth of the dairy nutritional and nutraceutical ingredients over the forecast timeframe.