Lucintel anticipates that North America will be the fastest growing region in the dairy blend market

   October 24, 2019
According to a new market report by Lucintel, the future of the dairy blend market looks promising with opportunities in the food and beverage industries. The dairy blend market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are health benefits, cost effectiveness, and rising demand for convenience foods.

To download report brochure, please go to and click "report brochure" tab from the menu.

In this market, dairy mixtures, dairy/non-dairy ingredient, functional ingredient, are used in food products for maintaining the quality, flavor, and taste. Dairy/non-dairy ingredient is the largest segment due to increasing wide range of applications such as infant formula, dairy formulations, bakery, other dairy products, nutritional bars/nutritional formula, cocoa, and confectionery.

Spreadable, powder, and liquid are the major forms of the dairy blend market. Spreadable form is the largest segment because it is widely used as a substitute for butter and margarine.

North America is the largest market over the forecast period due to excessive consumption of processed spreads, dressings for sandwiches, salads, and meats.

Fonterra Co-Operative Group Limited, Cargill, Kerry Group, Royal Frieslandcampina, Agropur Ingredients, Döhler Group, Intermix Australia, Advanced Food Products, Galloway Company, and Cape Food Ingredients are among the major manufacturers of the dairy blend market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the dairy blend market by product, form, application, and region. Lucintel has prepared a comprehensive research report titled "Dairy Blend Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the dairy blend market by ingredient, form, application, and region as follows:

By Ingredient Type [$M shipment analysis for 2013 – 2024]:

  • Dairy Mixtures

  • Dairy/Non-Dairy Ingredient

  • Dairy as Functional Ingredient

  • Dairy as Carrier

  • Others

By Form [$M shipment analysis for 2013 – 2024]:

  • Spreadable

  • Powder

  • Liquid

By Application [$M shipment analysis for 2013 – 2024]:

  • Ice cream

  • Yogurt

  • Infant formula

  • Bakery

  • Feed

  • Butter and Cheese Spreadable Blends

  • Beverages

  • Others

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [53]
Chemical [264]
Composites & Advanced Materials [171]
Construction & Industrial [76]
Consumer and Retail [140]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [166]
Transportation [143]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on