Cultured Non-Fat Dairy Ingredients Market Outlook (2023 to 2033)
The global Cultured Non-Fat Dairy Ingredients Market is expected to reach a market valuation of USD 13.8 Billion by the year 2023, accelerating with a CAGR of 4.6% by 2023 to 2033. Cultured Non-Fat Dairy Ingredients sales are likely to account for a part of the demand in the global dairy ingredients market, valued at USD 21.6 Billion in 2033.
Dairy products obtained from fermentation by the presence of appropriate microorganism either naturally or artificially are known as cultured non-fat dairy ingredients. The majority of cultured non-fat dairy ingredients are used to make non-fat dairy yoghurt, whose consumption has grown dramatically in developed nations.
In addition, non-fat dairy ingredients are also becoming increasingly popular among millennials in developing nations due to the growing demand for low-fat and non-fat dairy products, which is also anticipated to fuel the growth of the cultured non-fat dairy ingredient market over the course of the forecast period.
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 Cultured Non-Fat dairy ingredients can be linked to the Cultured Non-Fat dairy ingredients market expansion.
Dairy products have the most desirable organoleptic properties and a favourable consumer perception, making them the most sought-after ingredients in the food and beverage industry. However, their high fat content has hampered their growth over the years, increasing the demand for non-fat dairy ingredients with a fat content of 1.5% or less (by weight).
Future Market Insights projects the market to remain lucrative, exhibiting growth at 4.6% CAGR between 2023 and 2033 in comparison to the CAGR of 5.0% posted between 2018 and 2022.
Growing consumption of dairy especially non-fat as a healthy alternative will fuel the demand across the USA, the UK, and Middle Eastern countries. The dairy ingredients market is growing in response to global trends for healthier foods and increasing demand for functional ingredients.
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How Do the Cultured Non-Fat Dairy Ingredients's Historic and Future Outlook Compare?
Cultured Non-fat Dairy Ingredients’ sales grew at a CAGR of 5.0% between 2018 and 2022. The period marked the entry of various market players and product innovations.
Future Market Insights (FMI) predicts that the growth of the Cultured Non-Fat Dairy Ingredients is expected to be propelled by various factors, including the increasing demand for healthy and nourishing food, the popularity of plant-based diets, and consumers' growing health awareness. Shift in dietary patterns and consumption of great-tasting with quality nutrition is expected to burgeon the consumption of Cultured Non-fat Dairy products.
The rise in consumption of ready-to-eat foods, like cheese and other functional food ingredients, has increased due to the presence of protein, complemented by the application of dairy ingredients in cosmetics.
Regionally, more than one in four adults is obese in countries such as Canada, the United Kingdom, South Africa, etc. Over the past few years, the prevalence rate of obesity and overweight has surged, especially in United States & Canada and European countries such as France, Switzerland etc. and are expected to increase.
Global Cultured Non-Fat Dairy Ingredients: Drivers
Recent statistics from the OECD (Organisation for Economic Co-operation and Development) indicate that about 20% of adults in all OECD nations are obese. Obesity and overweight have been more prevalent over the last few years. These concerns have led to the introduction of taxing policies in some nations over the past several years as a method of raising the price of unhealthy products such food items with a high fat or sugar content. Also, a wide range of consumer awareness policies have been launched by different nations, producing a positive momentum for the non-fat food product and subsequently causing these items to have quickly rising traction.
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Country Wise Insights
Regions
North America
Countries
United States
CAGR
6.0%
Market Value Share in Global Market (2023)
21%
Regions
Europe
Countries
United Kingdom
CAGR
5.2%
Market Value Share in Global Market (2023)
14%
Regions
Asia Pacific
Countries
India, China, Japan
CAGR
3.8%, 5.2%, 4.6%
Market Value Share in Global Market (2023)
10%,14%,6.9%
The Dominance of India in Cultured Non-Fat Dairy Ingredients
According to FMI, India is expected to rise by a significant growth rate during the forecast period.
The Cultured Non-Fat Dairy Ingredients in India is expected to experience consistent growth during the projected period, as a result of the rising demand for healthy and nourishing food products.
Due to the rising demand for various cultured dairy products including butter and cheese used in fast food items, Asia-Pacific is predicted to have a sizable market share in the future. Also, the area has seen a notable increase in the population of millennials, who are the primary consumers of cultured dairy goods. Thus, it is projected that an increase in the millennial population would present lucrative business prospects.
What is the outlook for Cultured Non-Fat Dairy Ingredients in the USA?
According to FMI, the United States is expected to remain one of the dominant markets for given forecast period.
North America has witnessed a higher rate of traction for different types of cultured non-fat dairy products, owing to their increased demand from consumers. Some of the key macroeconomic factors such as a rise in health awareness, surge in per-capita income also play an important role in the overall growth of the market.
What are the factors driving the UK in Cultured Non-Fat Dairy Ingredients?
FMI reports that due to the increasing demand for cultured non-fat dairy ingredients, major players in the market are expanding their presence in UK To meet the surging demand, the majority of key players in cultured non-fat dairy ingredient are working with their new product launches, strengthening their R&D departments and delivering valuable product in accordance with the trending consumer insights globally.
Furthermore, a strong distribution network will be necessary to reach consumers across the country.
Category wise Insights
Adjacent Markets Overview:
Attributes
Dairy Ingredients Market
CAGR (2023 to 2033)
6%
Market Value (2033)
US$ 118 Billion
Growth Factor
The dairy ingredients market is growing in response to global trends for healthier foods and increasing demand for functional ingredients.
Opportunity
Functional food and beverages have gained immense popularity among the health-conscious population due to the influence of social media.
Key Trends
Dairy ingredient brand shares are shifting, with smaller players gaining ground on the leading brands.
Fermented Dairy Ingredients Market:
Attributes
Fermented Dairy Ingredients Market
CAGR (2023 to 2033)
8%
Market Value (2033)
US$ 17 Billion
Growth Factor
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.
Opportunity
Increased investment in dairy products such as yoghurt and fresh and fermented cheese is predicted to rise due to rising demand for frozen dairy cultures in the global fermented dairy ingredients market.
Key Trends
Latest trends in fermented dairy ingredients market include consumers rising demand for flavoured milk as a post-exercise drink.
Reduced Fat Dairy Market:
Attributes
Reduced Fat Dairy Market
CAGR (2023 to 2033)
4.6%
Market Value (2033)
US$ 16.15 Billion
Growth Factor
Reduced-fat dairy products have a number of health benefits such as the prevention of hypertension, colon cancer, and others, which is expected to foster the growth of the industry in the upcoming years. A surge in health consciousness amongst people across the globe is fuelling the demand for reduced-fat dairy products.
Opportunity
Rising preference amongst consumers owing to the rich and enhanced taste of reduced-fat dairy products is a key factor accelerating the market expansion.
Key Trends
It is estimated that the hypermarket ad supermarkets segment is likely to exert dominance over the forecast period
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Which Application Segment Dominates the Cultured Non-Fat Dairy Ingredients Market?
The bakery segment is anticipated to expand at the fastest rate during the course of the forecast. This is a result of baked foods like pastries, bread, and other baked items frequently including Cultured Non-Fat dairy ingredients. As a result of their acidic nature, these compounds are used to preserve food since they are helpful for digestive problems. Hence, in order to increase the shelf life of their goods, bakeries regularly use them.
New Product Launches/Innovations
The global Cultured Non-Fat Dairy Ingredients is highly fragmented and competitive due to the existence of several local and regional rivals.
In 2019, for instance, the New Zealand government offered assistance to India to ensure best practices in the dairy industry by incorporating technological advancements.The assistance aims to leverage collaboration between India’s Future Group and New Zealand’s Fonterra co-operative dairy to develop and provide high-value consumer dairy products.
Happy Milk - This start-up organization owns its farm on the outskirts of Bengaluru with approximately 400 cattle. This start-up caters to individual clients and is focused on launching its new products that include salted and unsalted butter with reduced fat content.
Scope of the Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
USD Billion for Value
Key Regions Covered
North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa
Key Countries Covered
United States, Canada, Brazil, Mexico, Germany, UK France, Italy, Spain, Nordic, Russia, Poland, India, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.
Key Segments Covered
Process, Nature, Form, Distribution Channel & Region
Key Companies Profiled
Koninklijke DSM
CSK Food Enrichment
The Tatua Cooperative Dairy Company
Arla Foods Ingredients GroupCargill Incorporated,
Archer Daniels Midland Company
Chr. Hansen Holding
DairyChem
Epi Ingredients
Ingredion Incorporated
Dairy Connection
Novozymes
Socius Ingredients
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Drivers Restraints Opportunity Trends Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Cultured Non-Fat Dairy Ingredients by Category
By Process:
Natural
Artificial
By Nature:
Organic Compliant and Citified
Kosher Certified
Conventional
By Form:
Liquid
Powder
By Distribution Channel:
Direct Sales
Indirect Sales
Store-based retailing
Hypermarkets/Supermarkets
Convenience stores
Discount stores
Independent Small Groceries
Online retail
By Region:
North America
Latin America
Europe
Middle East and Africa
East Asia
South Asia
Oceania
Frequently Asked Questions
At what rate will the Cultured Non-Fat Dairy Ingredients grow?
Throughout the forecast period, Cultured Non-Fat Dairy Ingredients are expected to grow at a CAGR of 4.6%
What is the expected value of the Cultured Non-Fat Dairy Ingredients by 2033?
By 2033, Cultured Non-Fat Dairy Ingredients is expected to be worth USD 21.6 Billion.
What are the key factors driving the Cultured Non-Fat Dairy Ingredients?
• Health and wellness have been a key driver for consumers for quite some time in the Market
• Innovations and advancements in technologies
Who are the key players in Cultured Non-Fat Dairy Ingredients?
Some of the key players in the Cultured Non-Fat Dairy Ingredients are Fonterra Co-Operative Group, All American Food, Inc., SmithFoods, Inc, Agri-Mark, Inc, Land O’ Lakes, Inc, Dairy Farmers of America, Associated Milk Producers, Inc., Bluegrass Dairy & Food, Inc, Arion Dairy Products B.V., Innova Food Ingredients S.A., and Sterling Agro Industries Ltd among other.
