Market Research Future (Food and Beverages) Dairy Blends Market Research Report | Page 3

Dairy Blends Market Research Report – Forecast to 2023
2 Market Overview
The global market for dairy blends has witnessed a significant demand during the last few years and is projected to
reach USD 3,750 million at a CAGR of 6.41%, during the forecast period of 2017 to 2023. Increasing prices of
traditional dairy products will continue to drive the rising demand for dairy blends market. Moreover, health benefits
associated with dairy blend products are likely to boost the growth of dairy blends market further.
Dairy blends are dairy mixtures prepared by concentration of cream or butter and other non-dairy ingredients, such
as vegetable oil, cocoa, almonds, and others. It is made from butter blends which are mixed with vegetable oils, or
from processed butterfat that is free from saturated fat.
Dairy blends are widely used across various industries, including frozen dessert, chocolate and confectionery, infant
nutrition and baby food, dietary supplements, and beverage industries. For instance, in ice cream industry, dairy
blends are used to replace milk solids, thus driving the growth of the market. Moreover, dairy blends are broadly
used for the preparation of infant formula, which has a high consumption volume across the globe.
Intended Audience:
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Dairy blends manufacturers
Beverage industry
Bakery industry
Dairy industry
Supplements industry
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