(Food-Beverage-News.Com, October 30, 2017 ) As per the report North America Dairy Ingredients Market By Form (Milk, Whey), By Type (Milk Powder, Whey Ingredients, Milk Protein Concentrates, Milk Protein Isolates, Lactose & Derivatives, Casein & Caseinates, Milk Protein Hydrolysates), By Application (Bakery & Confectionery, Dairy Products, Convenience Foods, Infant Milk Formula, Sports & Clinical Nutrition), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (20162021) published by Market Data Forecast, this Market is expected to reach USD 8.86 billion by 2021 from USD 7.2 billion in 2016, growing at a CAGR of 4.23%.
North America Dairy Ingredients Market Segmentation: By Form: Introduction, Milk and Whey By Type: Introduction, Milk Powder, Whey Ingredients, Milk Protein Concentrates, Milk Protein Isolates, Lactose & Derivatives, Caasein & Caseinates and Milk Protein Hydrolysates By Application: Introduction, Bakery & Confectionery, Dairy products, Convenience Foods, Infant Milk Formulas and Sports & Clinical Nutrition By Geography: Introduction, United States and Canada
Key Findings of the study: North America Dairy Ingredients Market will reach USD 8.86 billion by 2021 The dairy ingredients have been showing high potential in their applications in new products, thus showing a rapid growth around recent years. The market has been facing some restraints as well, which include rising incidences of lactose intolerance and allergies, available alternatives like plant proteins, adulteration of dairy products. These factors have been responsible for hindering the growth of the market. Frieslandcampina, Dairy Farmers of America, Fonterra Co-Operative Group Limited, Glanbia PLC, Arla Foods, Saputo Inc., Euroserum, Groupe Lactalis, Volac International Limited, Devondale Murray Goulburn are some of the major companies dominating the North America Dairy Ingredients market.
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