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Download Free sampleThe global Dairy Blends market was valued at 2187.05 Million USD in 2021 and will grow with a CAGR of 4.65% from 2021 to 2027, based on Research newly published report.
The prime objective of Dairy Blends Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Dairy Blends Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The dairy blends market, based on type, has been segmented into dairy mixtures, dairy/non-dairy ingredients, dairy as functional ingredient, dairy as carrier, and others. Dairy/non-dairy ingredients accounted for a largest market share in 2015. This type has a wide range of applications in different industries such as infant formula, dairy formulations, bakery, other dairy products, nutritional bars/nutritional formula, cocoa, and confectionery.The market, based on application, has been segmented into ice cream, yogurt, infant formula, bakery, feed, butter & cheese blends, beverages, and others. The bakery segment accounted for the largest share of the market in 2015. Increase in health-consciousness, is fueling the demand for low-calorie bakery products among consumers. This is expected to drive the market for dairy blends as functional ingredients in this particular segment. Dairy blends are cost-effective alternatives to butter, with lower fat content, and do not have the negative impact on the taste of the products like margarine does. Hence, their demand in the bakery industry as a replacement for these two ingredients is increasing.
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