The Dairy Derivatives Category’s growth is driven by the rising demand for dairy products and changing dietary preferences

Dairy Derivatives Category - Procurement Intelligence

The dairy derivatives category is expected to grow at a CAGR of 4.5% from 2023 to 2030. The global need for dairy products is increasing due to a number of reasons, including the growing population and a better understanding of the health benefits of dairy products. There is a growing market for lactose-free and gluten-free items as the number of people who have these intolerances rises. the rising use of dairy derivatives in pharmaceutical applications due to their wide range of applications in goods like infant formula and dietary supplements. The category is being driven by the rising demand for these products and the shift in customer nutritional choices, as they are looking for more readily available and healthier food and beverage options. Dairy derivatives are used in cheese, yogurt, ice cream, and infant formula, among other foods and beverages. The growing demand for these products is driving the sector.

Companies are continuously focusing on improving capacity and strengthening sustainable practices through partnerships and/or acquisitions. For instance,

• The H'lib Dzair Project helps Algerian rural development by enhancing small-scale farmers' livelihoods, strengthening regional dairy value chains, and minimizing the environmental impact of farms. As a result, Algeria's dairy industry is improved, and the country is less reliant on foreign milk.

• In April 2023, in an effort to reduce methane emissions from dairy cows, Lactanet Canada began the very first formal genetic assessment ever conducted. This was accomplished after many years of study and development, during which dairy cows in Canadian research herds underwent routine milk tests and had their methane emissions monitored.

• In May 2022, Arla officially completed a brand-new production facility at Pronsfeld Dairy in Germany. The project, which is Arla's largest dairy investment to date, will help the company to meet the world's growing need for healthful dairy products at competitive prices.

A technique for separating and identifying the distinct components of a mixture is chromatography. Using this technique, various lipids, proteins, and carbohydrates in milk are distinguished from one another. The ultrafiltration procedure can separate various components in a liquid by allowing it to pass through a membrane. This technique concentrates milk's protein content and separates whey from milk. This category uses nanotechnology, which makes use of materials and methods that are at the nanoscale, to offer fresh and cutting-edge dairy products. Nanotechnology, for instance, can be used to create novel milk proteins that are simpler to digest or better ways to preserve dairy products. Microfiltration is a technique used to separate different components in a liquid by passing it through a membrane with small pores. It is used to remove bacteria and other microorganisms from milk.

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Dairy Derivatives Category Sourcing Intelligence Highlights

• The number of both big and small businesses operating in various regions has led to significant global fragmentation of the dairy derivatives category. Players engage in an intense rivalry with one another to expand their consumer base and provide superior customer service.

• Raw material accounts for the largest cost component of the dairy derivatives business. Other key costs include packaging cost and distribution cost

• Most of the companies offer products such as cheese, butter, yogurt, and ice creams.

Dairy Derivatives Procurement Intelligence Report Coverage

Grand View Research will cover the following aspects in the report:

• Market Intelligence along with emerging technology and regulatory landscape

• Market estimates and forecasts from 2022 to 2030

• Growth opportunities, trends, and driver analysis

• Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments

• Porter’s 5 forces

• Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis

• Engagement and operating models, KPI, and SLA elements

• LCC/BCC analysis and negotiation strategies

• Peer benchmarking and product analysis

• Market report in PDF, Excel, and PPT and online dashboard versions

Cost Intelligence Highlights

Grand View Research has identified the following key cost components for the dairy derivatives category:

• Raw Materials

• Processing Cost

• Distribution Cost

• Packaging Cost 

Raw materials form the largest cost components of the dairy derivatives category. 

List of Key Suppliers in the dairy derivatives Category

• Nestle

• Danone

• Amul

• Fonterra

• Dean Foods

• Saputo

• Mengniu Dairy

• Yili Group

• Tyson Foods

• Arla Foods