The global dairy ingredients market size was US$ 381.1 billion in 2021. The global dairy ingredients market is forecast to grow to US$ 621.5 billion by 2030 by registering a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2030.

Factors Influencing the Market
The benefits of dairy ingredients, such as high nutrition, good taste, etc., will primarily drive the growth of the dairy ingredients market during the forecast period. In addition, the rising population, combined with the increasing demand for natural dairy products, will contribute to the growth of the dairy ingredients market during the analysis period. 
Growing health concerns and rising demand for nutrition-rich food will escalate the growth of the dairy ingredients market during the analysis period. In addition to that, growing urbanization and increasing range of technological advancements will also benefit the dairy ingredients market in the coming years.
Growing cases of lactose intolerance and milk allergies may impede the demand for dairy ingredients during the forecast period. On the contrary, the rising use of milk protein concentrates (MPC) in the development of CO2 injection will drive the demand for dairy ingredients during the study period.

COVID-19 Impact Analysis
The COVID-19 epidemic disrupted the dairy products market throughout the year, producing logistical and processing issues. Certain limits were enforced by the governments, resulting in a drop in demand for liquid milk. These restrictions also put downward pressure on the cost of milk. However, the demand for dairy components is mostly driven by the growing benefits of milk protein. As a result, it has been beneficial for the market as people started focusing more on health.

Regional Analysis
The Asia-Pacific dairy ingredients market is forecast to hold the highest market share. The growth of the market is attributed to the increasing production potential of baked and sports nutrition products in the food & beverage sectors, majorly in developing economies like China and India. In addition to that, the rising population of the region and increasing awareness related to the benefits of milk protein will contribute to the growth of the dairy ingredients market during the analysis period. Growing spending by sports professionals and working people on nutrition-rich food products will benefit the dairy ingredients market during the analysis period.

Competitors in the Market
• Fonterra Co-Operative Group Limited
• Glanbia PLC
• Dairy Farmers of America Inc.
• Arla Foods amba
• Aurivo Co-operative Society Ltd.
• Dairy Ingredients Inc.
• FrieslandCampina.
• Groupe Lactalis
• Saputo
• Dairy Farmers of America
• Other Prominent Players

Market Segmentation
The global dairy ingredients market segmentation focuses on Source, Production Method, Product, Application, and Region. 
By Source
• Milk-Based
• Whey Based
By Production Method
• Traditional Method
• Membrane Separation
• Ultrafiltration
• Reverse Osmosis
• Nanofiltration
By Product
• Milk Powder
• Casein & Caseinate
• Whey Ingredients
• Lactose
• Proteins
• Others (Yogurt and Cream)
By Application
• Pediatrics
• Sports Nutrition
• Medical Nutrition
• Health Foods
• Bakery
• Dairy
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America