Asia Pacific Dairy Ingredients Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Milk Powder, Proteins, Milk Fat Concentrates, Lactose & Lactose Derivatives, and Others) and Application (Food & Beverages, Animal Feed, Pharma
Description
Asia Pacific Dairy Ingredients Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Milk Powder, Proteins, Milk Fat Concentrates, Lactose & Lactose Derivatives, and Others) and Application (Food & Beverages, Animal Feed, Pharmaceuticals & Nutraceuticals, and Personal Care).
The Asia Pacific dairy ingredients market is expected to reach US$ 41,107.23 million by 2028 from US$ 34,342.21 million in 2021; it is expected to grow at a CAGR of 2.6% from 2021 to 2028.
Consumers are increasingly preferring more natural and sustainable products for consumption, which makes them concerned about the ingredients mentioned on the food labels. They are choosing products with simpler ingredients, which are free of artificial ingredients and chemical preservatives. This preference has given rise to the clean label trend. Consumers perceive such products to be healthier and more sustainable. However, as customer expectations have evolved, the scope of the term clean label has broadened to include organically grown, GMO-free products produced through minimal processing.
In the dairy industry, the clean label trends are rapidly evolving, and manufacturers are focusing on sustainable development requirements, such as ethical sourcing of raw materials, supply chain transparency, and human and animal welfare. Dairy ingredients are clean solutions to chemical stabilizers, emulsifiers, and thickening and setting agents. Moreover, native proteins, such as native whey proteins, are considered minimally processed, clean-label ingredients. LACTALIS Ingredients, one of the prominent manufacturers of dairy ingredients, offers Pronativ, a native whey protein that can be used in products that are meant to be clean labeled. The rising clean label trends across the dairy industry are expected to boost the demand for dairy ingredients in Asia Pacific in the coming years.
With the new features and technologies, vendors in the dairy ingredients market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific dairy ingredients market at a good CAGR during the forecast period.
Asia Pacific Dairy Ingredients Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Dairy Ingredients Market Segmentation
Based on product type, the Asia Pacific dairy ingredients market is segmented into milk powder, proteins, milk fat concentrates, lactose & lactose derivatives, and others. Based on application, the Asia Pacific dairy ingredients market is segmented into food & beverages, animal feed, pharmaceuticals & nutraceuticals, and personal care. Geographically, the dairy ingredients market is segmented into Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of APAC). Lactalis Ingredients, Saputo Inc., FONTERRA CO-OPERATIVE GROUP LIMITED, Kerry Group, AMCO Proteins, PROLACTAL, Glanbia Ireland, Arla Foods Ingredients Group P/S are among the leading companies in the Asia Pacific dairy ingredients market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Dairy Ingredients Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific Dairy Ingredients Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
The Asia Pacific dairy ingredients market is expected to reach US$ 41,107.23 million by 2028 from US$ 34,342.21 million in 2021; it is expected to grow at a CAGR of 2.6% from 2021 to 2028.
Consumers are increasingly preferring more natural and sustainable products for consumption, which makes them concerned about the ingredients mentioned on the food labels. They are choosing products with simpler ingredients, which are free of artificial ingredients and chemical preservatives. This preference has given rise to the clean label trend. Consumers perceive such products to be healthier and more sustainable. However, as customer expectations have evolved, the scope of the term clean label has broadened to include organically grown, GMO-free products produced through minimal processing.
In the dairy industry, the clean label trends are rapidly evolving, and manufacturers are focusing on sustainable development requirements, such as ethical sourcing of raw materials, supply chain transparency, and human and animal welfare. Dairy ingredients are clean solutions to chemical stabilizers, emulsifiers, and thickening and setting agents. Moreover, native proteins, such as native whey proteins, are considered minimally processed, clean-label ingredients. LACTALIS Ingredients, one of the prominent manufacturers of dairy ingredients, offers Pronativ, a native whey protein that can be used in products that are meant to be clean labeled. The rising clean label trends across the dairy industry are expected to boost the demand for dairy ingredients in Asia Pacific in the coming years.
With the new features and technologies, vendors in the dairy ingredients market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific dairy ingredients market at a good CAGR during the forecast period.
Asia Pacific Dairy Ingredients Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Dairy Ingredients Market Segmentation
Based on product type, the Asia Pacific dairy ingredients market is segmented into milk powder, proteins, milk fat concentrates, lactose & lactose derivatives, and others. Based on application, the Asia Pacific dairy ingredients market is segmented into food & beverages, animal feed, pharmaceuticals & nutraceuticals, and personal care. Geographically, the dairy ingredients market is segmented into Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of APAC). Lactalis Ingredients, Saputo Inc., FONTERRA CO-OPERATIVE GROUP LIMITED, Kerry Group, AMCO Proteins, PROLACTAL, Glanbia Ireland, Arla Foods Ingredients Group P/S are among the leading companies in the Asia Pacific dairy ingredients market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Dairy Ingredients Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific Dairy Ingredients Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
121 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 4. Asia Pacific Dairy Ingredients Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Expert Opinion
- 4.4 Value Chain Analysis
- 4.4.1 Milk Powder
- 4.4.1.1 Raw Material
- 4.4.1.2 Manufacturing/Processing
- 4.4.1.3 Packaging
- 4.4.2 Whey Protein
- 4.4.2.1 Raw Material
- 4.4.2.2 Manufacturing/Processing
- 4.4.2.3 Packaging
- 5. Asia Pacific Dairy Ingredients Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Wide Application Scope
- 5.1.2 Growth of Dairy Industry
- 5.2 Market Restraints
- 5.2.1 Surging Demand for Dairy-Free Alternatives
- 5.3 Market Opportunities
- 5.3.1 Rising Popularity of Certified-Organic Dairy Ingredients
- 5.4 Future Trends
- 5.4.1 Growing Clean Label Trends in Dairy Industry
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Asia Pacific Dairy Ingredients –Country Market Analysis
- 6.1 Asia Pacific Dairy Ingredients Market Overview
- 6.2 Asia Pacific Dairy Ingredients Market –Revenue and Forecast to 2028 (US$ Million)
- 7. Asia Pacific Dairy Ingredients Market Analysis – By Product Type
- 7.1 Overview
- 7.2 Asia Pacific Dairy Ingredients Market, By Product Type (2020 and 2028)
- 7.3 Milk Powder
- 7.3.1 Overview
- 7.3.2 Milk Powder: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Proteins
- 7.4.1 Overview
- 7.4.2 Proteins: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 7.5 Milk Fat Concentrates:
- 7.5.1 Overview
- 7.5.2 Milk Fat Concentrates: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 7.6 Lactose and Lactose Derivatives:
- 7.6.1 Overview
- 7.6.2 Lactose and Lactose Derivatives: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 7.7 Others:
- 7.7.1 Overview
- 7.7.2 Others: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 8. Asia Pacific Dairy Ingredients Market Analysis – By Application
- 8.1 Overview
- 8.2 Asia Pacific Dairy Ingredients Market, By Application (2020 and 2028)
- 8.3 Food & Beverages
- 8.3.1 Overview
- 8.3.2 Food & Beverages: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Animal Feed
- 8.4.1 Overview
- 8.4.2 Animal Feed: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Pharmaceuticals & Nutraceuticals
- 8.5.1 Overview
- 8.5.2 Pharmaceuticals & Nutraceuticals: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 8.6 Personal Care
- 8.6.1 Overview
- 8.6.2 Personal Care: Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- 9. Asia Pacific Dairy Ingredients Market – Country Analysis
- 9.1 Overview
- 9.2 Asia-Pacific: Asia Pacific Dairy Ingredients Market
- 9.2.1 Asia-Pacific: Dairy Ingredient Market – Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.1 China: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.1.1 China: Dairy Ingredient Market, by Product Type
- 9.2.1.1.2 China: Dairy Ingredient Market, by Application
- 9.2.1.2 Japan: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.2.1 Japan: Dairy Ingredient Market, by Product Type
- 9.2.1.2.2 Japan: Dairy Ingredient Market, by Application
- 9.2.1.3 India: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.3.1 India: Dairy Ingredient Market, by Product Type
- 9.2.1.3.2 India: Dairy Ingredient Market, by Application
- 9.2.1.4 South Korea: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.4.1 South Korea: Dairy Ingredient Market, by Product Type
- 9.2.1.4.2 South Korea: Dairy Ingredient Market, by Application
- 9.2.1.5 Australia: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.5.1 Australia: Dairy Ingredient Market, by Product Type
- 9.2.1.5.2 Australia: Dairy Ingredient Market, by Application
- 9.2.1.6 Rest of Asia-Pacific: Dairy Ingredient Market –Analysis and Forecast to 2028 (US$ Million)
- 9.2.1.6.1 Rest of Asia-Pacific: Dairy Ingredient Market, by Product Type
- 9.2.1.6.2 Rest of Asia-Pacific: Dairy Ingredient Market, by Application
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 Merger and Acquisition
- 11. Company Profiles
- 11.1 Lactalis Ingredients
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Saputo Inc.
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 FONTERRA CO-OPERATIVE GROUP LIMITED
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Kerry Group
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 AMCO Proteins
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 PROLACTAL
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Glanbia Ireland
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Arla Foods Ingredients Group P/S
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- List of Tables
- Table 1. Asia-Pacific Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 2. Asia-Pacific Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 3. China Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 4. China Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 5. Japan Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Japan Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 7. India Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 8. India Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 9. South Korea Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 10. South Korea Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 11. Australia Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Australia Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of Asia-Pacific Dairy Ingredient Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 14. Rest of Asia-Pacific Dairy Ingredient Market, by Application– Revenue and Forecast to 2028 (US$ Million)
- Table 15. List of Abbreviation
- List of Figures
- Figure 1. Asia Pacific Dairy Ingredients Market Segmentation
- Figure 2. Asia Pacific Dairy Ingredients Market Overview
- Figure 3. Asia Pacific Dairy Ingredients Market: By Product Type
- Figure 4. Asia Pacific Dairy Ingredients Market: By Region
- Figure 5. Porter's Five Forces Analysis
- Figure 6. Expert Opinion
- Figure 7. Value Chain: Milk Powder
- Figure 8. Value Chain: Whey Protein
- Figure 9. Asia Pacific Dairy Ingredients Market Impact Analysis of Drivers and Restraints
- Figure 10. Country Overview of Asia Pacific Dairy Ingredients Market
- Figure 11. Country : Asia Pacific Dairy Ingredients Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Asia Pacific Dairy Ingredients Market Revenue Share, By Product Type (2020 and 2028)
- Figure 13. Milk Powder: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 14. Proteins: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 15. Milk Fat Concentrates: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 16. Lactose and Lactose Derivatives: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 17. Others: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 18. Asia Pacific Dairy Ingredients Market Revenue Share, By Application (2020 and 2028)
- Figure 19. Food & Beverages: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 20. Animal Feed: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 21. Pharmaceuticals & Nutraceuticals: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 22. Personal Care: Asia Pacific Dairy Ingredients Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 23. Asia Pacific Dairy Ingredients Market Revenue Share, By Region (2020 and 2028)
- Figure 24. Asia-Pacific: Dairy Ingredient Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. China: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Japan: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 27. India: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 28. South Korea: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 29. Australia: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Rest of Asia-Pacific: Dairy Ingredient Market –Revenue and Forecast to 2028 (US$ Million)
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