According to Future Market Insights, the demand for Fermented Dairy Ingredients is expected to grow at a CAGR of 8.2% from 2023 to 2033. The global fermented dairy ingredients market value is projected to increase from USD 7,884 million in 2023 to USD 16,485.5 million by 2033.
Consumer preferences for healthier products are one of the major drivers boosting the expansion of the fermented dairy ingredients market share. The most significant health benefits provided by these products are enhanced digestibility and the presence of probiotic bacteria in these goods, which serve to inhibit some diseases via their antimicrobial characteristics.
As a result, the sales of fermented dairy ingredients are projected to rise throughout the forecast period. Furthermore, lactose intolerant people prefer fermented dairy ingredients because they are easier to digest than unfermented milk, which is opening lucrative opportunities for fermented dairy ingredient manufacturers.
Aside from health benefits, the fermentation process extends the shelf life of dairy products while also improving their taste and aroma. As a result, the diverse features of fermented dairy ingredients can be linked to the fermented dairy ingredients market expansion.
| Attribute | Details |
|---|---|
| Market Size Value in 2023 | USD 7,884 million |
| Market Forecast Value in 2033 | USD 16,485.5 million |
| Global Growth Rate (2023 to 2033) | 8.2% CAGR |
| Forecast Period | 2023 to 2033 |
| Market Share of India in South Asia | 31% |
The latest trends in the fermented dairy ingredients market include consumers' rising demand for flavored milk as a post-exercise drink. This is predicted to increase the consumption of flavored milk, influencing demand for fermented dairy ingredients throughout the forecast period.
Increased investment in dairy products such as yoghurt and fresh and fermented cheese is predicted to rise due to the rising demand for frozen dairy cultures in the global fermented dairy ingredients market. As a result, top companies in the global fermented dairy ingredients market are focusing more on expanding their culture manufacturing capacity.
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According to FMI, the sales of fermented dairy ingredients have grown significantly over the last 5 years due to increased consumption of fermented dairy ingredients as they contribute to upkeep the healthy organism in the human body.
During the forecast period, the global fermented dairy ingredients market is expected to be driven by an increase in the number of product launches. The development of new products with enhanced taste and adaptability, together with strong marketing support, has resulted in boosting the demand for fermented dairy ingredients.
Furthermore, under controlled settings, modern microbiological processes have resulted in the manufacture of several fermented milk products with higher nutritional value.
Some of the products developed in recent years by key players in the fermented dairy ingredients market include kefir beverages in organic fruit flavors, non-Greek yoghurt products, single-serving cups of cottage cheese in various fruit flavors, and protein kefir.
The sales of fermented dairy ingredients are growing as they are easy to find in stores and are accessible in ready-to-eat versions. Furthermore, the fermented dairy ingredients market growth can be ascribed to the audience's lively demands and ease of access and consumption.
The manufacturers are offering a wide variety of fermented dairy products at extremely low prices. The increase in spending power, as well as changes in product variety and taste, is projected to provide key players with lucrative opportunities.
Principal Consultant
The major challenge for fermented dairy manufacturers and vendors includes choosing the optimum culture and enzyme for the dairy products' fermentation process. As not all strains lead to longer shelf life and better health. This factor is projected to hamper the fermented dairy ingredients market growth during the forecast period.
Due to increased demand for high-quality food and personal care products, developed countries such as the United States and Canada are likely to drive demand for fermented dairy ingredients in North America.
Furthermore, dairy's clean-label ingredients are showing up in applications including soups, snacks, and dips, which is projected to impact sales of dairy fermented dairy ingredients in the United States. Ajinomoto, a Japanese company, has a major market share in fermented dairy ingredients, while DSM and BASF also have significant market shares in fermented dairy ingredients.
The Chinese cuisine culture, particularly traditional fermented dairy ingredients, is well-known around the world. Many ethnic minority groups still use historic and traditional methods for fermented dairy product processing in provinces and locations such as Xinjiang, Inner Tibet, Chuanxi Plateau, Mongolia, and Qinghai.
These traditional dairy products also have a lot of LAB resources, so the beneficial bacteria can be passed down from generation to generation. Raw milk is the primary raw material for traditional dairy products, which is mostly processed through natural fermentation.
China exported nearly USD 13.2 million in Fermented Milk Products in the year 2020, which is the world's 41st biggest exporter of Fermented Milk Products. Hong Kong, Singapore, Nigeria, the United States, and Macau are the top destinations for Fermented Milk Products exports from China.
Beneficial enzymes, probiotic strains, and friendly bacteria found in fermented dairy ingredients are assisting in the breakdown of food into a more digestible form. This has a direct impact on the growth of fermented dairy ingredients which is expanding in Germany and, as a result, the country's use of fermented components.
Consumers can purchase high-priced, healthful products that are beneficial to their health because of the country's favorable economic circumstances.
Consumers are turning away from sugary drinks and toward healthy alternatives. Therefore, functional beverages are projected to gain in popularity. The demand for fermented dairy ingredients is likely to grow as people become more aware of their benefits.
The fermented dairy ingredients are being driven by rising demand for health and wellness products, as well as rising consumer awareness of dairy constituents.
In Brazil, where customers are dumping dangerous sugar bombs in favor of healthier alternatives, manufacturers see this as a big investment opportunity and are pursuing cutting-edge product innovations in the category, which is projected to boost the fermented dairy ingredients market growth.
Fermented dairy ingredients have also been used in the creation of a variety of culinary products, including bakery, snack bars, and infant feeds. However, the country's high cattle population aids in the production of fermented dairy ingredients.
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Cheese grabbed the lead in 2020 due to its high level of vitamins B-12 and A, as well as phosphorus, zinc, and riboflavin.
Furthermore, the use of cheese in a range of culinary sectors, such as bakery items, ready meals, and as an ingredient in many Italian cuisines, is likely to propel the fermented dairy ingredients market forward over the projected period.
Furthermore, sour milk consumption has been increasing among consumers due to its high nutritious value.
During the forecast period, the bakery segment is expected to develop at the quickest rate. This is due to the widespread use of fermented dairy ingredients in baked foods like pastries, bread, and other baked goods.
As these chemicals are acidic, they are beneficial to digestive issues and are consequently utilized to preserve food. As a result, bakery makers frequently utilize them to extend the shelf life of their products.
The growing number of start-ups in the fermented dairy ingredients market has improved product quality and raised global sales. Start-ups are focusing on novel developments and launching new products to obtain a competitive edge.
Cultured milk, sour cream, yogurt, kefir, and a range of other fermented foods are just a few examples of fermented dairy ingredients. These are readily available as ingredients in supermarkets. They can be used to make spreads, fast dips, and sauce thickeners. Fermented dairy ingredients are also a common ingredient in Mexican dishes such as nachos and tacos.
The demand for fermented dairy ingredients is likely to rise as players are releasing new products in a variety of flavors, shapes of pleasant drinks, tetra pack containers, polythene pouches, glass-shaped cups, polypropylene, and PET bottles making them convenient to transport and store.
Customers' attention drawn to fermented dairy ingredients has resulted in the variety supplied by the makers, which stimulates demand. Product launches, mergers & acquisitions, and R&D activities are some of the strategies adopted by players in the fermented dairy ingredients market
For Example:
Heart disease is the leading cause of death in the United States, with roughly 6,47, 000 Americans dying from it each year, accounting for one out of every four deaths, according to the Centers for Disease Control and Prevention.
As a result, the increased prevalence of cardiovascular and other diseases is likely to generate profitable prospects for key players, boosting the demand for fermented dairy ingredients over the forecast period.
Koninklijke DSM NV, Danone, Yotsuba Milk Products Co., Ltd., Chobani, LLC, General Mills Inc., Dairy Producers, Inc., and Meadow Foods Limited are some of the notable manufacturers identified in the worldwide fermented dairy ingredients market.
Top companies in the fermented dairy ingredients industry are working on new innovations and releasing new items such as:
DSM
In February 2022, DSM debuted four new Delvo®Guard cultures, all of which achieved excellent levels of quality and safety. When supplied as Direct Vat Cultures, they delay yeast and mold growth and have no (or limited) impact on the fermentation process and time (DVC). It addresses increased customer demand for fresh yogurt, which is good for your health and may reduce food waste.
General Mills, a multinational food manufacturer based in the United States, stated in August 2021 that it will develop plant-based cheeses utilizing fermentation. The items will be marketed under Renegade Creamery, the company's development brand.
International Flavors & Fragrances (IFF)
21 December 2021 - Two years after acquiring DuPont Nutrition & Biosciences (N&B), International Flavors & Fragrances (IFF) is exploring a plethora of cross-category synergies.
Under the new tagline "Where science and creativity meet," the company is repurposing legacy ingredients and blurring the barriers between supplements and food and beverage.
Gut health is a significant emphasis, since consumers adopted more stringent hygiene habits during COVID-19, potentially affecting microbiome biodiversity. Sebastien Guery, vice president for health at IFF, chats about the company's new value proposition following the merger, which was officially completed in February.
IFF bought Frutarom in 2018, acquiring a portfolio of components with health benefits, the plant extract business, and lipids for infant formula, among other things.IFF's vice president of health, Sebastien Guery.
The combined portfolios give the new IFF company top positions in the ingredient areas of Taste, Texture, Scent, Nutrition, Enzymes, Cultures, Soy Proteins, and Probiotics.
In the medium to long term, IFF is projected to invest more in initiatives involving next-generation probiotics and expand its clinical trial pipeline. Gut health presents numerous chances due to its linkages to other systems in the body.
Dairy Connection established throughout the United States offers association with the American Cheese Society's educational resources and networking opportunities.
In May 2023, Arla Foods Ingredients brewed up innovative concepts for high-protein ready-to-drink tea and coffee at Vitafoods Europe.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value and Units for Volume |
| Key Regions Covered | Product; IC Type; End Use Industry; RegionNorth America; Latin America; Europe; Asia Pacific; Oceania; Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | Product Type, Application, Region |
| Key Companies Profiled | Koninklijke DSM; CSK Food Enrichment; The Tatua Cooperative Dairy Company; Arla Foods Ingredients group Cargill Incorporated,; Archer Daniels Midland Company; Chr. Hansen Holding; DairyChem; Epi Ingredients; Ingredion Incorporated; Dairy Connection; Novozymes; Socius Ingredients; CP Ingredients; E. I. du Pont de Nemours and Company; Kerry; Biopro; Lake International Technologies; Corbion |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The fermented dairy ingredient market size is estimated to be USD 7,884.0 million in 2023.
The fermented dairy ingredients market is expected to rise at a CAGR of 8.2% from 2023 to 2033.
The North American fermented dairy ingredients market is expected to register a share value of 28.4% in the global market between 2023 and 2033.
The global fermented dairy ingredients market is forecasted to surpass USD 16,485.5 million by the end of 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Cheese 5.1.1. Natural Cheese 5.1.2. Processed Cheese 5.1.3. Sweetener 5.2. Flavoured Milk 5.2.1. Cultures 5.2.2. Enzymes 5.2.3. Starch 5.2.4. Starch Modified 5.2.5. Starch Native 5.2.6. Sweetener 5.3. Yogurt 5.4. Spoonable Yogurt 5.4.1. Cultures 5.4.2. Enzymes 5.4.3. Starch 5.5. Sweetener 5.6. Drinkable Yogurt 5.6.1. Cultures 5.6.2. Enzymes 5.6.3. Starch 5.6.4. Sweetener 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Bakery 6.2. Dairy 6.3. Snacks 6.4. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Koninklijke DSM 17.2. CSK Food Enrichment 17.3. The Tatua Cooperative Dairy Company 17.4. Arla Foods Ingredients group Cargill Incorporated 17.5. Archer Daniels Midland Company 17.6. Chr. Hansen Holding 17.7. DairyChem 17.8. Epi Ingredients 17.9. Ingredion Incorporated 17.10. Dairy Connection 17.11. Novozymes 17.12. Socius Ingredients 17.13. CP Ingredients 17.14. E. I. du Pont de Nemours and Company 17.15. Kerry 17.16. Biopro 17.17. Lake International Technologies 17.18. Corbion 18. Assumptions & Acronyms Used 19. Research Methodology
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Fermented Dairy Ingredients Market
