(Entertainment-NewsWire.com, May 12, 2017 ) Asia-Pacific Dairy Blends Market research report published by Market Data Forecast estimates that the market is growing with a CAGR of 4.25% to reach USD 1.11 billion by 2021, from USD 0.75 billion in 2016, which amounts to a cumulative growth of USD 0.36 billion.
Dairy blends are prepared by combining butter blends with either vegetable oils, or with processed butter fat. The usage of dairy blends in baby formula provides flexibility with regard to the usage of dairy ingredients, enhances protein levels, and decreases fat contents.
One of the key advantages of dairy blend is that it is spreadable as it comprises of vegetable oil and hence, can be consumed with breads. Dairy blends can also be utilised with several ingredients like butter, cocoa powder, and sugar, which thus, drives the demand for the market. A dairy blend when added or combined with soy or other proteins not only augments the flavour of the product but also controls cost formulation.
The report also presents detailed analysis of multitude of factors affecting Asia-Pacific Dairy Blends Market bearing either positive or negative outcomes. Some of those factors are
• Cost effectiveness • Low fat content when equated to butter and margarine • Rise in demand for dairy blends in baby formula • Stringent regulations in the industry • globally declining prices of dairy products
For granular level understanding, the Asia-Pacific Dairy Blends Market is segmented based on Application, Form, and Type each being provided with Market Size Estimations and Y-o-Y Forecasts. The market for Dairy Blends, on the basis of Application, is classified into Yogurt, Bakery, Feed, Beverage, Butter & Cheese Blends, Infant Formula, Ice Cream, and Others. On the basis of Form, the Dairy Blends market is segmented into Powder, Liquid, and Spreadable. On the basis of Type, the Dairy Blends market is segmented into Dairy/Non-Dairy Ingredients, Dairy as Carrier, Dairy as Functional Ingredient, Dairy Mixtures, and Others. Dairy/non-dairy ingredient segment accounts for the largest share of the market. They are utilised in applications such as bakery, ice cream, and confectioneries.
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. This region offers significant opportunities for the dairy blends market, with China and India being the most populous countries in this region contributing to the growing demand. The time for cooking baby food has decreased due to the growing woman workforce, thereby boosting the demand for infant formula, which in turn affects the demand for dairy blends.
The high growth potential in the developing markets in this region offers new prospects for the market players. The Infant formula segment is anticipated to be the fastest-growing, in the dairy blends industry. The sustained growth of the market for dairy blends has presented new profit prospects for the dairy marketers. The major companies dominating the dairy blends market in this region are Anchor, SPX Flow, Abbott Nutrition, Cape Food Ingredients, Agropur Ingredients, Hormel Specialty Products, Friesland Campina, and Cargill Inc.
The Asia-Pacific Dairy Blends Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of Application, Form, and Type with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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