Cultured dairy blends market is likely to record a strong CAGR of 7.7% during the forecast period. The market is currently valued at US$ 3.56 Bn and is likely to reach US$ 6.94 Bn by 2032.
| Attributes | Details |
| Cultured Dairy Blends Market CAGR (2022-2032) | 7.7% |
| Cultured Dairy Blends Market Value (2022) | US$ 3.56 Bn |
| Cultured Dairy Blends Market Value (2032) | US$ 6.94 Bn |
Cultured dairy blends products carry probiotics that help in maintaining gut health and the bacteria that these products have are helpful in preventing different health problems. It is basically multiple fermented dairy products blended such as yoghurt, cheese, curd, milk cream etc., carrying their qualities and enriching the taste. These qualities only push the sales of cultured dairy blend products.
The high demand for cultured dairy blend products is attributed to the rising demand for diet balanced protein sources, potassium, calcium etc., especially in lactose intolerant people, cultured dairy blend products work like a boon. New manufacturing facilities in developing countries are driving the sales of cultured dairy blend products globally.
The increased frequency of overweight and obese people is anticipated to serve cultured dairy blends as one of the major drivers.
Cultured dairy blends have been characterized under the Calcium and phosphorus enriched product help in bone strengthening, proteins and vitamins have a specific role in our body and molybdenum acts as toxicity removal from the body.
Low lactose or no lactose attracts people who are suffering from lactose intolerance, increasing the sales of cultured dairy blend products. Health awareness, high nutritional value, and diet consciousness among people have driven the demand for cultured dairy blends.
The increase in awareness about health has brought a change in the perception of consumers. According to the Agricultural Marketing Resource Center (AgMRC), yogurt production in 2017 totalled 4.5 billion pounds at 170 processing plants, and according to the United States Department of Agriculture (UDSA) Dec 2016, the American Cultured dairy blends show growth of 5.5% of previously reported data. Consumers are trying to include Cultured Dairy Blends in their diet to maintain a healthy lifestyle.
The changing food consumption habits, busy lifestyle, increase in disposable income, increase in urbanization, an increase in health awareness among the people and diet following strategies are estimated to have a positive impact and are likely to increase the sales of cultured dairy blends.
So, these above-mentioned factors are understood as the drivers of the demand for cultured dairy blends.
The remarkable growth of the cultured dairy blends market in developed countries of North America has proven the leading revenue generating an asset in the arena of food and beverage industries. Growing healthcare awareness and diet consciousness program by the local government body in developing region like Asia Pacific and African region has a great impact on healthy lives.
So, it is likely to bring the opportunity for a cultured dairy blends on a large scale in such regions. Considering the Asian Pacific as a densely populated region and responsive public demand will also be one of the reasons for the increasing production as well as the consumption of cultured dairy blends. The nutritional diet consciousness anticipates the growth of the cultured dairy blends market in the Asia Pacific region.
The key players of the cultured dairy blends market are focusing on enhancing and adopting strategies like enhancing the taste, flabors and making it a main source of nutrients and protein. This is driving the sales of cultured dairy blends.
Key players in cultured dairy blends market include Sapito Inc, Nestle SA, Dean Foods Company, The Dannon Company Inc, The Kraft Heinz Company, Schreiber Foods Gmbh, Dairy Farmers of America Inc, Land O’Lakes Inc, The Kroger Co, California Dairies Inc, Great Lakes Cheese Company Inc, Leprino Foods Company Inc, Prairie Farms Dairy Inc, Conagra Brands Inc, Hilmar Cheese Company Inc, Darigold Inc and Ultima Foods Inc.
| Report Attribute | Details |
| Growth Rate | CAGR of 7.7% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 - 2020 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Nature, Types, Flavour, Sales Channel, Origin, Region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Sapito Inc, Nestle SA, Dean Foods Company, The Dannon Company Inc, The Kraft Heinz Company, Schreiber Foods Gmbh, Dairy Farmers of America Inc, Land O’Lakes Inc, The Kroger Co, California Dairies Inc, Great Lakes Cheese Company Inc, Leprino Foods Company Inc, Prairie Farms Dairy Inc, Conagra Brands Inc, Hilmar Cheese Company Inc, Darigold Inc and Ultima Foods Inc. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
North America is the biggest segment in the cultured dairy blends market and is expected to hold a big portion of the market in the forecast period. The leading factor is the increased manufacturing facilities, and rising awareness of healthy diets in the region. This leads to the high demand for cultured dairy blends in developed countries.
Key competitors holding substantial cultured dairy blends market share include Sapito Inc, Nestle SA, Dean Foods Company, The Dannon Company Inc, The Kraft Heinz Company, Schreiber Foods Gmbh, Dairy Farmers of America Inc, Land O’Lakes Inc, The Kroger Co, California Dairies Inc, Great Lakes Cheese Company Inc, Leprino Foods Company Inc, Prairie Farms Dairy Inc, Conagra Brands Inc, Hilmar Cheese Company Inc, Darigold Inc and Ultima Foods Inc.
Demand for Cultured dairy blends is likely to rise with the demand from the lactose intolerant end users as well as growing food and beverages industry, increasing the sales of cultured dairy blends.
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