Market Size of Middle East and Africa Dairy Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.70 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MEA Dairy Ingredients Market Analysis
The Middle East and Africa dairy ingredients market is projected to grow at a CAGR of 5.7% during the forecast period (2020 - 2025).
- With the rising number of middle-income populations, consumers are getting more and more sophisticated and demanding higher-quality foods with dairy nutrition being one of the key cornerstones to the scenario.
- As a result, the dairy manufacturers in the country are constantly seeking advanced ingredients to incorporate during product formulation, eventually elevating the demand for market studied in the region. The ingredient manufacturers are thus coming up with ingredients with added nutrients such as vitamins and minerals to capture the demand raised by food companies.
MEA Dairy Ingredients Industry Segmentation
The Middle East and Africa Dairy Ingredients Market is segmented by type which includes milk powders, milk protein concentrate and milk protein isolate, whey ingredients, lactose and derivatives, and others. The milk powder segment is further divided into skimmed milk powders and whole milk powders. Based on the application, the market is divided into bakery and confectionery, dairy products, infant milk formula, sports, and clinical nutrition and others. The study also involves the analysis of regions such as Saudi Arabia, the United Arab Emirates, South Africa, and Rest of the Middle East and Africa.
| By Type | |
| Milk Powders | |
| Milk Protein Concentrate and Milk Protein Isolate | |
| Whey Ingredients | |
| Lactose and Derivatives | |
| Others |
| By Application | |
| Bakery and Confectionery | |
| Dairy Products | |
| Infant Milk Formula | |
| Sports and Clinical Nutrition | |
| Others |
| Geography | ||||||
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Middle East and Africa Dairy Ingredients Market Size Summary
The Middle East and Africa dairy ingredients market is experiencing significant growth, driven by an increasing demand for high-quality foods among the rising middle-income population. Consumers in the region are becoming more sophisticated, seeking dairy nutrition as a key component of their diets. This trend is prompting dairy manufacturers to incorporate advanced ingredients into their products, thereby boosting the demand for dairy ingredients. Ingredient manufacturers are responding by developing products enriched with vitamins and minerals to meet the needs of food companies. The market is particularly influenced by the sports nutrition and lifestyle sectors, with whey protein concentrates gaining popularity. Additionally, the infant formula market is rapidly expanding, with a focus on whey protein, which is valued for its nutritional benefits and similarity to human breast milk.
The market landscape is characterized by consolidation, with major players such as Fonterra Co-operative Group, Almarai Company, Lactalis, and Epi-ingrédients leading the charge. These companies are employing strategies like new product development, expansion, mergers and acquisitions, and partnerships to maintain a competitive edge. The demand for functional and nutritional dairy-based ingredients is on the rise, with manufacturers striving to offer products that cater to consumers seeking nutritional diets. The development of hydrolyzed forms of whey, which are beneficial for lactose-sensitive consumers, further underscores the market's focus on innovation and meeting diverse consumer needs.
Middle East and Africa Dairy Ingredients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Milk Powders
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2.1.2 Milk Protein Concentrate and Milk Protein Isolate
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2.1.3 Whey Ingredients
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2.1.4 Lactose and Derivatives
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2.1.5 Others
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2.2 By Application
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2.2.1 Bakery and Confectionery
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2.2.2 Dairy Products
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2.2.3 Infant Milk Formula
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2.2.4 Sports and Clinical Nutrition
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2.2.5 Others
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2.3 Geography
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2.3.1 Middle East and Africa
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2.3.1.1 Saudi Arabia
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2.3.1.2 South Africa
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2.3.1.3 United Arab Emirates
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2.3.1.4 Rest of Middle East and Africa
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Middle East and Africa Dairy Ingredients Market Size FAQs
What is the current Middle East and Africa Dairy Ingredients Market size?
The Middle East and Africa Dairy Ingredients Market is projected to register a CAGR of 4.70% during the forecast period (2024-2029)
Who are the key players in Middle East and Africa Dairy Ingredients Market?
Fonterra Co-operative Group, Clover Industries Limited, Epi-ingrédients, Almarai Company and Lactalis are the major companies operating in the Middle East and Africa Dairy Ingredients Market.
