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The Dairy Ingredients Market is estimated to reach $93.22 billion by 2031, at a CAGR of 4.9% from 2024 to 2031. This market’s growth is driven by the increasing adoption of dairy ingredients in the food industry, increasing health & wellness trends, improvements in supply chain management, rising consumer awareness regarding nutritional foods, and increasing milk production. However, the demand for plant-based dairy alternatives and the increasing incidence of lactose intolerance restrain the growth of this market.
Furthermore, technological advances in the dairy industry and emerging economies are expected to offer market growth opportunities. However, rising consumer awareness about the benefits of a vegan diet is a major challenge impacting the growth of the dairy ingredients market.
Here are the top 10 companies operating in the Dairy Ingredients Market
Founded in 1933 and headquartered in Laval, France, Lactalis produces, processes, and markets dairy products. The company operates through six business segments: Cheeses, Milk, Chilled Dairy, Butter, Cream, and Ingredients & Nutrition. The company offers dairy ingredients through the Ingredients & Nutrition business segment. It offers a wide range of dairy ingredients, including powdered milk, lactose, whey, whey powder, and milk protein for various industries, including food & beverage, nutritional health supplements, and pharmaceuticals.
With subsidiaries and a strong distribution network in more than 150 countries, the company has a geographic presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As of 2023, the company had a headcount of 85,500 employees worldwide.
Dairy Farmers of America, Inc. (U.S.)
Founded in 1998 and headquartered in Kansas City, U.S., Dairy Farmers of America manufactures and sells dairy products and ingredients. The company offers ingredients and services to food manufacturers, food services, and retailers. It offers a range of dairy ingredients, such as whole milk powder, creamy butter shredded mozzarella, milk powder, and whey powder.
Fonterra Co-Operative Group Limited (New Zealand)
Founded in 2001 and headquartered in Auckland City, New Zealand, Fonterra Co-Operative Group is engaged in collecting, manufacturing, selling, and exporting milk and milk-derived products. The company operates through three business segments: Ingredients, Consumer, and Foodservice. It offers a wide range of dairy ingredients, such as milk powder, milk protein, whey protein, casein, and caseinates. It sells dairy ingredients through its NZMP brand. The company offers dairy ingredients primarily for food & beverages, infant food, and health supplements.
The company has a geographic presence in Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. As of July 2023, the company had a headcount of 17,993 employees.
Arla Foods amba (Denmark)
Founded in 2000 and headquartered in Sønderhøj, Denmark, Arla Foods is engaged in the manufacturing and marketing of dairy products and ingredients. The company operates through four business segments such as Europe, International, Arla Foods Ingredients, and Global Industry Sales and Other Sales. The company produces whey-based ingredients for the development of functional and sustainable products. The company’s dairy ingredients brands are Arla, Lurpak, Castello, and Puck.
The company has a geographic presence in the U.K., Germany, Sweden, Denmark, Netherlands, Saudi Arabia, Finland, USA, UAE, China, and others. As of December 2023, the company had a headcount of 22,929 employees.
Founded in 1954 and headquartered in Montréal, Canada, Saputo is engaged in producing, marketing, and distributing a wide array of dairy products, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. The company operates through three business segments: Retail, Foodservice, and Industrial. The company’s Saputo Dairy Australia Pty Ltd (Australia) subsidiary is primarily engaged in the manufacturing of dairy ingredients. The company offers various dairy ingredients such as milk powder, whey protein, milk protein, and lactose.
The company has 66 manufacturing plants and sells its products in over 60 countries. It has a geographic presence in North America, Asia-Pacific, Europe, Latin America, and the Middle East. As of March 2023, the company had 19,200 employees.
Meticulous Research in its latest publication on Dairy Ingredients Market has predicted the growth of 4.9% during the forecast year 2024-2031.
Royal FrieslandCampina N.V. (Netherlands)
Founded in 1871 and headquartered in Amersfoort, Netherlands, Royal Friesland Campina N.V. produces, sells, and exports dairy-based beverages, infant nutrition, cheese, and desserts. The company operates through four business segments: Food and beverage, Specialized Nutrition, Ingredients, and Trading. Royal Friesland offers a range of dairy ingredients, such as milk powder, casein protein, and whey protein, which are sold to manufacturers of infant nutrition, pharmaceuticals, and food products.
FrieslandCampina has branch offices in 29 countries, and its products are sold in more than 100 countries. The company has a global presence in Asia & Oceania, the Netherlands, Germany, Africa, the Middle East, and North & South America. As of December 2023, it had a headcount of 20,928 employees.
Savencia SA (France)
Founded in 1956 and headquartered in Viroflay, France, Savencia is involved in the innovation, production, processing, and marketing of dairy products and dairy ingredients. The company operates in two business segments: Cheese Products and Other Dairy Products. It produces dairy ingredients through its subsidiary Armor Protéines. The company offers dairy ingredients primarily for nutrition and health products, food products, infant nutrition, and animal feed applications.
The company has a global presence in North America, Europe, Asia Pacific, and Latin America. As of December 2023, it had 22,329 employees.
Sodiaal International (France)
Founded in 1964 and headquartered in Paris, France, Sodiaal produces, processes, distributes, and markets dairy products. The company operates through nine business segments: Milk, Cream & Butter, Cheese, Ultra Fresh, Nutrabio, Eurosérum, Régilait, Bonilait, Sodiaal Dairy International, and Sodiaal Professional. The company offers its dairy ingredients through the brand names Eurosérum and Bonilait. The company offers other dairy products such as Nutribio, Nactalia, Régilait, Candia, Carnets de Fromages, Entremont, and Yoplait.
With 12 subsidiaries and a strong distribution network in more than 40 countries, the company has a geographic presence in Europe and the Middle East & Africa. As of 2023, the company had a headcount of 9,018 employees worldwide.
Glanbia PLC (Ireland)
Founded in 1997 and headquartered in Kilkenny, Ireland, Glanbia PLC innovates, produces, processes, and markets nutritional products. The company operates through two business segments: Glanbia Performance Nutrition and Glanbia Nutritionals. It offers whey and dairy protein for sports nutrition, infant foods, bakery, dairy alternatives, and beverage applications.
With production facilities in Ireland, the U.S., the U.K., Germany, and China, the company has a global presence throughout North America, Europe, Asia Pacific, and Latin America. The company’s products are sold or distributed in over 130 countries. As of December 2023, the company had a headcount of 5,534 employees across 31 countries.
Founded in 1938 and headquartered in Saint Hubert, Canada, AGROPUR Cooperative produces, processes, and markets dairy products. The company offers its products through two business segments: U.S. cheese and Ingredients and Canada Food and Nutrition Solutions. The major dairy ingredients sold by the company are whey powder, milk powder, and milk sugars, mainly for the food, beverage, and nutrition industries.
The company has a geographical presence in North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. As of 2023, the company employed around 7,000 people.
Popular Mentions: Schreiber Foods, Inc. (U.S.), Morinaga Milk Industry Co., Ltd. (Japan), AMCO Proteins (U.S.), KOMOS GROUP LLC (Russia), and Prolactal GmbH (Austria).
Authoritative Research on the Dairy Ingredients Market – Global Opportunity Analysis and Industry Forecast (2024-2031)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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