North America Dairy Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.77 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Dairy Ingredients Market Analysis
North America Dairy Ingredients Market is anticipated to register a CAGR of 4.77% during the forecast period, 2020-2025.
- The market for dairy ingredients has been supported by surging gym-culture, increasing athlete population, and their prerequisite to follow strict protein-rich diets. Additionally, dairy ingredients being a much efficient source of protein for formulators as well as fitness enthusiasts is poised for further growth in the forecast period.
- However, growing consumer demand for plant-based products and veganism trends in the regional marketplace can be seen as a potential threat to the market in the coming years. In regards, the alternative protein ingredients are estimated to outpace the whey ingredient growth during the forecast period.
- The pandemic has taxed dairy farmers in a number of ways, the first being in management of dairy animals and secondly, in the marketing and sale of milk and other by-products. There has been a drastic fall in milk prices, which has been further affecting the industry.
North America Dairy Ingredients Market Trends
This section covers the major market trends shaping the North America Dairy Ingredients Market according to our research experts:
Whole Milk Powders Drove the Market Sales
The market for whole milk powder is driven by its application in various end-user industries, primarily in the bakery industry. In bakery products, whole milk powder is largely used in making Viennese pastry. Other prominent applications of whole milk powder are in confectionery products, ready-made dishes, desserts, ice-cream, fresh dairy produce, and coffee coloring, among others. The Food and Agricultural Organization stated that after three years of contractions, global whole milk powder exports reached 2.46 million metric ton in 2018, registering a Y-o-Y increase of 1.7%. Several US dairy manufacturers are now expanding the production of whole milk powder (WMP) or in the process of building new plants. The expansion is primarily in response to export demand, reflecting the US dairy industry's ever-strengthening dedication to global customer needs. This volume will continue to grow as further new WMP facilities currently in the pipeline come on-line in the years ahead.
United States Dominates the Dairy Ingredients Market in the Region
United States is one of the world's largest consumers for processed food and beverage products, such as confectionery, bakery, dairy and others, which in turn, is increasing the application of dairy ingredients year-on-year, thus, further driving its production in the country. The increasing prominence of nutritional enrichment in food and beverages, owing to increased awareness about maintaining healthy lifestyles among individuals has a strong positive impact on the dairy ingredients market in the country. Also, dairy ingredients companies are manufacturing those ingredients which can be safely consumed by the consumers, such as rBST-free, gluten-free, non-GMO, and certified Kosher and Halal.
North America Dairy Ingredients Industry Overview
North America dairy ingredients market is a competitive market with the major share held by major players, such as Arla Foods, Fonterra Co-Operative Group Limited, Royal Friesland Campina, and Saputo Inc. Fonterra Co-Operative Group Limited remained the leader in the dairy ingredients market with the highest share, followed by Royal Friesland Campina in 2019. Dairy Farmers of America, Euroserum, and Hoogwegt are few regional players, along with several small and large players across the regions.
North America Dairy Ingredients Market Leaders
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Dairy Farmers of America
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Saputo Inc.
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Arla Foods Ingredient Group
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Fonterra Co-operative Group Limited
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Royal FrieslandCampina
*Disclaimer: Major Players sorted in no particular order
North America Dairy Ingredients Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables & Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Milk Powders
- 5.1.1.1 Skimmed Milk Powders
- 5.1.1.2 Whole Milk Powders
- 5.1.2 Milk Protein Concentrate and Milk Protein Isolate
- 5.1.3 Whey Ingredients
- 5.1.3.1 Whey Protein Concentrate (WPC)
- 5.1.3.2 Whey Protein Isolate (WPI)
- 5.1.3.3 Hydrolyzed Whey Protein (HWP)
- 5.1.4 Lactose and Derivatives
- 5.1.5 Casein And Caseinates
- 5.1.6 Others
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5.2 By Application
- 5.2.1 Bakery and Confectionery
- 5.2.2 Dairy Products
- 5.2.3 Infant Milk Formula
- 5.2.4 Sports and Clinical Nutrition
- 5.2.5 Other Applications
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5.3 By Geography
- 5.3.1 United States
- 5.3.2 Canada
- 5.3.3 Mexico
- 5.3.4 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
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6.3 Company Profiles
- 6.3.1 Arla Foods Ingredient Group P/S
- 6.3.2 Dairy Farmers of America, Inc.
- 6.3.3 Fonterra Co-Operative Group Limited
- 6.3.4 Royal Friesland Campina
- 6.3.5 Kanegrade Ltd
- 6.3.6 Saputo Inc.
- 6.3.7 Groupe Lactalis
- 6.3.8 Kerry Group PLC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityNorth America Dairy Ingredients Industry Segmentation
The market studied is segmented by type, application, and geography. Based on type, the market is segmented into milk powders, milk protein concentrate and milk protein isolate, whey ingredients, lactose and derivatives, casein and caseinates, and other types. Based on application, the market is segmented into bakery and confectionery, dairy products, infant milk formula, sports and clinical nutrition, and other applications. Based on geography, the market is segmented into the United States, Canada, Mexico, and the Rest of North America.
| By Type | Milk Powders | Skimmed Milk Powders |
| Whole Milk Powders | ||
| By Type | Milk Protein Concentrate and Milk Protein Isolate | |
| Whey Ingredients | Whey Protein Concentrate (WPC) | |
| Whey Protein Isolate (WPI) | ||
| Hydrolyzed Whey Protein (HWP) | ||
| Lactose and Derivatives | ||
| Casein And Caseinates | ||
| Others | ||
| By Application | Bakery and Confectionery | |
| Dairy Products | ||
| Infant Milk Formula | ||
| Sports and Clinical Nutrition | ||
| Other Applications | ||
| By Geography | United States | |
| Canada | ||
| Mexico | ||
| Rest of North America |
North America Dairy Ingredients Market Research FAQs
What is the current North America Dairy Ingredients Market size?
The North America Dairy Ingredients Market is projected to register a CAGR of 4.77% during the forecast period (2024-2029)
Who are the key players in North America Dairy Ingredients Market?
Dairy Farmers of America, Saputo Inc., Arla Foods Ingredient Group, Fonterra Co-operative Group Limited and Royal FrieslandCampina are the major companies operating in the North America Dairy Ingredients Market.
What years does this North America Dairy Ingredients Market cover?
The report covers the North America Dairy Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Dairy Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Dairy Ingredients Industry Report
Statistics for the 2024 North America Dairy Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Dairy Ingredients analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
