Global Market Study on Dairy Nutritional and Nutraceutical Ingredients: Infant Formula & Clinical Nutrition Segment Estimated to Account for a Significantly High Value Share by 2016 End


  • Published On : Oct-2016 |
  • Pages : 219 Pages |
  • Format :

Persistence Market Research analyzes the global dairy nutritional and nutraceutical ingredients market over an eight year period from 2016 to 2024 in a newly published report. The study demonstrates market dynamics and trends across regions that are expected to influence the current status and future prospects of the global dairy nutritional and nutraceutical ingredients market over the forecast period (2016 - 2024). The primary objective of the report is to offer information on market drivers, restraints, trends, opportunities, and value chain analysis; and updates on developments in the global dairy nutritional and nutraceutical ingredients market. The report conducts a quantitative as well as qualitative assessment of the global dairy nutritional and nutraceutical ingredients market by ingredients type, by application, and by region.

To understand consumption patterns and assess opportunities in the global dairy nutritional and nutraceutical ingredients market, the report is divided into three sections, namely, by ingredients type, by application, and by region. The report analyzes the global dairy nutritional and nutraceutical ingredients market in terms of market value (US$ Mn) and market volume (‘000 Tones). The report also includes a detailed analysis of drivers and restraints witnessed in the market. Key trends observed across the global dairy nutritional and nutraceutical ingredients value chain are also included in the report. The subsequent sections analyze the global dairy nutritional and nutraceutical ingredients market on the basis of ingredients type, application, and region, and present a forecast for the period 2016–2024. The market is segmented as follows:

By Ingredients Type

  • Dairy Protein
    • Whey Protein
      • WPI
      • WPC
      • WPH
    • Casein Protein
      • CPI
      • CPC
      • CPH
    • Prebiotics
      • Lactulose
      • Lactitol
      • Lacto Bionic
      • Galacto Oligosaccharides
    • Vitamin & Minerals
    • Colostrum
    • Nucleotides

By Application Type

  • Functional Food
  • Infant Formula & Clinical Nutrition
  • Dairy Products
  • Bakery & Confectionaries
  • Personal Care

By Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

The report covers an in-depth analysis of all components in the global dairy nutritional and nutraceutical ingredients market. In the final section of the report on the global dairy nutritional and nutraceutical ingredients market, a competitive landscape is included to provide a dashboard view of global dairy nutritional and nutraceutical ingredients manufacturers, retailers, and distributors. The report contains company profiles of some key players in the market. Some market players featured in this report are Fonterra Co-operative Group Ltd., Koninklijke DSM N.V., Proliant Inc., Arla Foods amba, E.I. DuPont De Nemours and Co., Cargill Inc., APS Biogroup, Groupe Lactalis S.A., Nestlé SA, Danone SA, and others.

Research methodology

To deduce the market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by ingredients type, application type, and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses total revenue generated and expected revenue contribution by the global dairy nutritional and nutraceutical ingredients market.

The report begins with sizing the base year in terms of value and volume. This forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, PMR triangulates the data via different analysis based on supply side, demand side, and other dynamics of the global dairy nutritional and nutraceutical ingredients market. To develop the market forecast, Persistence Market Research has conducted a factor analysis to understand the impact of various forces/factors on the target market. It is imperative to note that in an ever-fluctuating economy, we not only provide forecasts in terms of CAGR but also analyze the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand market predictability and identify the right opportunities.

Another key feature of this report is an analysis of the global dairy nutritional and nutraceutical ingredients market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global dairy nutritional and nutraceutical ingredients market.             

To understand key segments in terms of their growth and performance in the global dairy nutritional and nutraceutical ingredients market, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global dairy nutritional and nutraceutical ingredients market.

Dairy proteins are isolated from skim milk using milk protein concentrates and membrane filtration. Dairy protein milk fractions are enriched in bound calcium and comprise both casein and whey protein in the same ratio as milk. Dairy proteins are used as ingredients for manufacturing products such as yogurt and cheese, dietetic formulations, ice cream, energy bars and cereal, desserts, infant formulae toppings, low-fat spreads, baked goods, geriatric nutritional products, and sports beverages & foods.

Dairy proteins are segmented as whey protein and casein protein. Further, whey protein is a combination of globular proteins which is derived from whey, the liquid material that is formed as a by-product of cheese production. Dairy protein is used in a wide array of applications in the food industry, cosmetics industry, bakery and confectionaries, and many other non-food applications.

Global sales of dairy nutritional and nutraceutical ingredients was valued at US$ 12.2 Bn in 2015 and is projected to be valued at US$ 24.5 Bn by 2024. Sales revenue is expected to register a CAGR of 8.1% during the forecast period (2016–2024).

Market dynamics

Factors such as potential health benefits of dairy nutritional and nutraceutical ingredients, high demand for milk-based ingredients in skin and hair care cosmetics, and easy availability of caseins and caseinate is driving the global dairy nutritional and nutraceutical market. Moreover, demand for dairy nutrition and nutraceutical ingredients from the food processing sector is developing steadily and can be attributed to the several health benefits related with dairy nutritional and nutraceutical ingredients consumption. Health benefits such as lower risk of cardiovascular disease, lower cholesterol levels, improved digestive health, and healthy bone growth are increasing the popularity of dairy nutritional and nutraceutical ingredients. Developing consumer inclination towards a healthy lifestyle is further boosting the growth of the global dairy nutritional and nutraceutical ingredients market.

There is a lack of advertisement and awareness about the benefits of colostrum products across the world that form a segment of dairy nutritional and nutraceutical ingredients. Besides, the colostrum products market is highly competitive owing to the presence of a relatively high number of global and local colostrum manufacturers. Also, persons who are lactose intolerant are unable to consume bovine colostrum products leading to loss of revenue for colostrum manufacturers.  One of the biggest restraining factors for the global dairy nutritional and nutraceutical ingredients market is the fluctuating supply. The steady rise in prices has prompted some customers to switch to alternative proteins that are less expensive. This adversely affects the growth of the global dairy nutritional and nutraceutical ingredients market.

Segment analysis

The dairy protein segment is expected to be valued at US$ 19.89 Bn by 2024 and is projected to register a CAGR of 8.1% over the forecast period. In terms of ingredients, dairy protein is segmented into whey protein and casein protein. Whey protein is the most demanding ingredient type in the diary protein segment across the globe. The market is driven by the demand for dairy protein ingredients in the food and beverages industry, cosmetic industry, bakery, and personal care. The diary protein segment is estimated to account for a significantly high value share of 81.4% by 2016 end. The colostrum segment is estimated to account for a revenue share of 10.9% in the global dairy nutritional and nutraceutical ingredients market by 2016 end and is expected to register a CAGR of 8.3% over the forecast period. The prebiotics segment revenue is projected to register Y-o-Y growth rates ranging from 6.2% to 8.3% over 2016–2024. This segment is expected to register a CAGR of 7.6% over the forecast period.

The infant formula & clinical nutrition segment is estimated to account for a significantly high value share of 22.8% by 2016 end. The functional food segment is estimated to account for a revenue share of 43.9% in the global dairy nutritional and nutraceutical ingredients market by 2016 end and is expected to register a CAGR of 7.8% over the forecast period.

dairy nutritional and nutraceutical ingredients market

Regional analysis

On the basis of region, North America region is projected to remain dominant throughout the forecast period. Increasing consumption of dairy protein ingredients by functional food, infant formula & clinical nutrition, dairy products, bakery & confectionaries, and personal care and presence of top leading players of dairy protein manufacturers in North America are expected to play an important role in revenue growth of the dairy protein ingredients segment in the North America market. The dairy protein ingredients segment is estimated to witness robust growth in Europe and APAC driven by increasing usage of dairy protein ingredients in the dietary supplement market in the region, as why protein is an essential ingredient for dietary supplements.

Key market players

Some of the key players identified in the global dairy nutritional and nutraceutical ingredients market include Fonterra Co-operative Group Ltd., Koninklijke DSM N.V., Proliant Inc., Arla Foods amba, E.I. DuPont De Nemours and Co., Cargill Inc., APS Biogroup, Groupe Lactalis S.A., Nestlé SA, and Danone SA.

Company Profiles

  • Global Players
  • Fonterra Co-operative Group Ltd.
  • Koninklijke DSM N.V.
  • Proliant Inc.
  • Arla Foods amba
  • E.I. DuPont De Nemours and Co.
  • Cargill Inc.
  • APS Biogroup
  • Groupe Lactalis S.A.
  • Nestlé SA
  • Danone SA
  • Others
Back To Top