Global Fermented Dairy Ingredients Market Size study, by Type (Cheese, Yogurt, Flavored Milk) by Distribution Channel (Supermarkets, Online stores, Specialty stores, Others) by end use industries (Food Processing Industry, Foodservice Industry, Household/Retail) and Regional Forecasts 2022-2028Global Fermented Dairy Ingredients Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Fermented Dairy Ingredients are milk-based products that are obtained by fermentation with lactic acid bacteria such as Lactobacillus, Lactococcus, and Leuconostoc. Cultured buttermilk, sour cream, and yogurt are some of the most common fermented dairy products. Growing consumption of dairy products and rising consumer preference towards organic products are key drivers for the growth of Fermented Dairy Ingredients market. For instance, according to United States Department of Agriculture (USDA)'s Dairy: World Markets and Trade Dec. 2021 report- For the year 2020 in USA, exports of skimmed milk powder (SMP) estimated at 887,000 tons, which is a 10 percent increase as compared to 2020 and for the year 2022 exports set to grow by 3 percent to reach 917,000 tons. Also, shipments of cheese in also increased by 9 percent to 412,000 tons . In addition, with the increasing application in end use verticals and growing purchasing power, the adoption & demand for Fermented Dairy Ingredients is likely to increase the market growth during the forecast period. However, negative impact of covid 19 pandemic on beverages sector impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Fermented Dairy Ingredients Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing consumption of fermented products like cheese, yogurt and flavored milk in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2028. Factors such as growing food and beverages industry in the region would create lucrative growth prospects for the Fermented Dairy Ingredients market across Asia-Pacific region.

Major market player included in this report are:
Koninklijke DSM,
The Tatua Cooperative Dairy Company,
Arla Foods Ingredients Group,
Socius Ingredients,
E. I. du Pont de Nemours and Company,
Cargill Incorporated, C
hr. Hansen Holding,
Dairy Connection,
Novozymes,
Kerry
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Cheese
Yogurt
Flavored Milk
By Distribution Channel:
Supermarkets
Online stores
Specialty stores
Others
By End Use Industries:
Food Processing Industry
Foodservice Industry
Household/Retail
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028

Target Audience of the Global Fermented Dairy Ingredients Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Koninklijke DSM,
The Tatua Cooperative Dairy Company,
Arla Foods Ingredients Group,
Socius Ingredients,
E. I. du Pont de Nemours and Company,
Cargill Incorporated, C
hr. Hansen Holding,
Dairy Connection,
Novozymes,
Kerry