North America Dairy Ingredients Market Size (2024 - 2029)

The North America Dairy Ingredients Market is experiencing growth driven by the increasing popularity of gym culture and the rising athlete population, which demand protein-rich diets. Dairy ingredients are recognized for their efficiency as a protein source, contributing to the market's expansion. However, the market faces challenges from the growing consumer shift towards plant-based products and veganism, which could impact the market's trajectory. Additionally, the pandemic has posed difficulties for dairy farmers, affecting the management and sale of dairy products, and leading to a significant decline in milk prices, further influencing the market dynamics.

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Market Size of North America Dairy Ingredients Industry

North America Dairy Ingredients Market Report
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

North America Dairy Ingredients Market 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 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
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
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North America Dairy Ingredients Market Size Summary

The North America dairy ingredients market is experiencing a steady growth trajectory, driven by the increasing popularity of gym culture and the rising number of athletes who adhere to protein-rich diets. Dairy ingredients are favored for their efficient protein content, appealing to both formulators and fitness enthusiasts. However, the market faces challenges from the growing consumer shift towards plant-based products and veganism, which could potentially hinder its expansion. The COVID-19 pandemic has also posed significant challenges, affecting dairy farmers in terms of animal management and the marketing of milk and its by-products, leading to a notable decline in milk prices.

The demand for whole milk powder is particularly strong, with its extensive use in the bakery industry and other sectors such as confectionery, ready-made dishes, and ice cream. The United States, a major consumer of processed food and beverages, is witnessing an increased application of dairy ingredients, further boosting production. The market is characterized by a competitive landscape, with key players like Arla Foods, Fonterra Co-Operative Group Limited, Royal Friesland Campina, and Saputo Inc. holding significant market shares. These companies are focusing on producing safe and health-conscious dairy ingredients, such as rBST-free and non-GMO products, to cater to the growing demand for nutritional enrichment in food and beverages.

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North America Dairy Ingredients Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Milk Powders

        1. 2.1.1.1 Skimmed Milk Powders

        2. 2.1.1.2 Whole Milk Powders

      2. 2.1.2 Milk Protein Concentrate and Milk Protein Isolate

      3. 2.1.3 Whey Ingredients

        1. 2.1.3.1 Whey Protein Concentrate (WPC)

        2. 2.1.3.2 Whey Protein Isolate (WPI)

        3. 2.1.3.3 Hydrolyzed Whey Protein (HWP)

      4. 2.1.4 Lactose and Derivatives

      5. 2.1.5 Casein And Caseinates

      6. 2.1.6 Others

    2. 2.2 By Application

      1. 2.2.1 Bakery and Confectionery

      2. 2.2.2 Dairy Products

      3. 2.2.3 Infant Milk Formula

      4. 2.2.4 Sports and Clinical Nutrition

      5. 2.2.5 Other Applications

    3. 2.3 By Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Dairy Ingredients Market Size FAQs

The North America Dairy Ingredients Market is projected to register a CAGR of 4.77% during the forecast period (2024-2029)

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.

North America Dairy Ingredients Market Report Snapshots

North America Dairy Ingredients Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)