The local and international players in the dairy ingredients market are increasingly adopting strategies such as acquisitions, mergers, and agreements in order to acquire substantial share in the market. Additionally, these companies are launching new products in order to acquire substantial share. The advanced low-carb, low-fat, and low-cholesterol dairy products are driving growth of the global market for dairy ingredients.
Dairy ingredients are substances which are extracted from dairy products and are used to give texture and flavor to the food and beverages. These are stored in dry, concentrated and liquid forms. Dairy ingredients provide emulsification, fat holding, viscosity creation and gel formation. Dairy ingredients are considered are important tools for a food developer to create a desirable attributes in foods.
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Additionally, infant formulas and whey protein products are gaining attention globally. With this knowledge potential opportunities, several key players are increasingly investing to improve their potential capacity. For instance, in 2016, Arla Foods Ingredients, a subsidiary of Danish-Swedish dairy Arla Foods, started a new whey protein hydrolysates production plant nearby the existing whey protein production plant.
Dairy products include products such as nonfat (skimmed) dry milk, dry whole milk, dry buttermilk, dry whey products and dry dairy blends. Here are some products which are dominating in terms of demand:
Powdered milk is generally known as dried milk which is a dairy product manufactured by some industrial processes such as evaporating milk and dryness. These processes on milk improve shelf life of product and makes transportation easier also maintain their nutritional values. These milk powder products have extensive application in the products such as infant formulas, confectioneries, chocolates, and candies. Other than these applications, milk powder is used in the bakery products. Rising demand for these foodstuffs due to swift change in preference for foods to the ready-to-cook products, and fast-food are boosting adoption of the bakery products and dairy products which in turn is driving growth of the global dairy ingredient market.
Similarly the milk powder, the buttermilk powder is manufactured by removing water from buttermilk. Buttermilk powder is a fermented dairy product which is known as cultured buttermilk. It is obtained from cow’s milk and sour taste is obtained from lactic acid. The powder is low-fat and low-calories products. Buttermilk contains vitamins, potassium, calcium, and traces of phosphorus.
The processing on buttermilk improves its shelf life and makes it suitable for numerous applications. The buttermilk powder has extensive applications in the backed products as addition of buttermilk powder makes it soft and tender. It is lowest fat product among all the dairy ingredient products. Rising demand for buttermilk powder from bakeries is boosting growth of the global dairy ingredients market.
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Whey protein products are mixture of globular proteins isolated from whey, liquid material created as a by-product during cheese production. Whey proteins are generally termed as a dietary supplement. Whey proteins are considered as highest biological value than any other protein source and amino acid such as beef, casein and milk. These whey proteins are adopted by the health-conscious people and gym-freak people. Rising demand for these products from the health-conscious people is driving growth of the global diary ingredients market.
Some of the key players operating in the diary ingredients market and providing the dairy products are Fonterra Co-Operative Group Limited, Dairy Farmers of America, Glanbia PLC, Arla Foods, Dairy Ingredients Inc., Aurivo Dairy Ingredients, and Friesland Campina.