Market Research Future (Food and Beverages) Dairy Blends Market Research Report | Page 4

Dairy Blends Market Research Report – Forecast to 2023
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Segments:
On the basis of the type, dairy blends market is segmented into the dairy mixture, dairy/non-dairy ingredients, dairy
as a functional ingredient, dairy as a carrier, and others. Among the type, dairy/non-dairy ingredients are estimated
to account for the major market proportion of 35.89% in the year of 2017. However, dairy as a carrier segment is
projected to be the fastest growing segment during the forecast period of 2017-2023.
Based on the form, dairy blends market is segmented into spreadable, liquid, powder, others. Among them, the
spreadable segment is observed to be dominating with a major market share of 48.43% in the year 2017. However,
powder segment is predicted to witness a healthy growth during the noticed period.
On the basis of the application, it is segmented into bakery & confectionery, ice cream & frozen dessert, infant
nutrition, & baby food, sweet & savory snacks, beverages, dietary supplements, meat & seafood, and others. Among
them, ice cream & frozen desserts segment are dominating with the market share of 27.89% in the year 2017.
However, bakery & confectionery segment is anticipated to be the fastest growing segment during the forecast period
of 2017-2023.
Key Findings:
APAC region is estimated to dominate the market with a market share of 34.41%. Furthermore, in APAC, China
is expected to account for a major market share followed by India during the forecast period of 2017-2023.
Powder segment is expected to have the highest growth rate during the review period in which North America
is witnessed to have the fastest growth rate of 9.19%
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