Dairy Blends Market Size, Share, Growth, Trends and Forecast Report, 2019 to 2025
The global dairy blends market size was valued at USD 3.6 billion in 2018 and is anticipated to expand at a CAGR of 7.9% over the forecast period.
(firmenpresse) - The global dairy blends market size is expected to reach USD 6.1 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.9% over the forecast period. The market is expected to witness significant growth due to increase in consumption of dairy products with high nutritional value. Dairy blends are low fat and cost effective alternatives to milk and butter. This is expected to increase market growth and drive the demand in the projected period.
Powdered dairy blends accounted for the largest market share owing to rapid adoption of the product in developed regions like North America and Europe. High product awareness among the population of these regions is expected to propel market growth during the forecast period. However, use of spreadable blends is increasing significantly. They are used in day-to-day consumption as alternatives to butter. Rise in other applications of these products such as sauces and salad toppings is expected to positively influence market growth in the next few years.
Bakery products occupied the maximum market share owing to increase in the overall bakery market and consumer preference for healthy bakery options. However, consumption of dairy blends has witnessed significant growth in infant formulas owing to high nutritional value. This is anticipated to fuel market growth over the next few years.
Asia Pacific held the largest market share in 2018 due to presence of the major dairy manufacturers in Australia and New Zealand. This region is also anticipated to witness substantial growth owing to increasing birth rates, which will propel the demand for infant formulas. However, North America and Europe are anticipated to witness steady growth due to strict regulations on food blends and infant foods. Other regions of the world are expected to witness less demand for the product due to lack of awareness.
Further key findings from the report suggest:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888-202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com
Datum: 24.12.2019 - 07:48 Uhr
Sprache: Deutsch
News-ID 1554951
Anzahl Zeichen: 2843
contact information:
Contact person:
Town:
San Francisco
Phone: 1-888-202-9519
Kategorie:
Food and Beverage
Typ of Press Release: Financial
type of sending: send
Date of sending: 24.12.2019
Anmerkungen:
Diese Pressemitteilung wurde bisher 1587 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Dairy Blends Market Size, Share, Growth, Trends and Forecast Report, 2019 to 2025
"
steht unter der journalistisch-redaktionellen Verantwortung von
Grand View Research, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
