Release Date: 12/7/2017
Persistence Market Research delivers in-depth research on the global dairy nutritional and nutraceutical ingredients market in its latest report titled "Dairy Nutritional and Nutraceutical Ingredients Market: Global Industry Analysis and Forecast, 2016–2024". According to the report, long-term outlook on the dairy nutritional and nutraceutical ingredients market remains positive, with the market expected to increase at a CAGR of 8.1% in terms of value and 7.1% in terms of volume during the forecast period.
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The global dairy nutritional and nutraceutical ingredients market is segmented on the basis of ingredients type, application, and region. By ingredients type, the global dairy nutritional and nutraceutical ingredients market is segmented into dairy protein, prebiotics, vitamin & minerals, colostrum, and nucleotides. By application, the market is categorized into functional food, infant formula & clinical nutrition, dairy products, bakery & confectionaries, and personal care. Key regions covered in the report are North America, Latin America, Europe, APAC, and Middle East & Africa.
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On the basis of application, the infant formula & clinical nutrition and dairy products segments are projected to exhibit CAGRs of 9.1% and 8.6%, respectively, in terms of market value during the forecast period. This is attributed to increasing demand for infant formula & clinical nutrition and use of dairy products in industries such as cosmetics, food & beverages, and many others.
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Key market participants covered in this report include Fonterra Co-operative Group Ltd., Koninklijke DSM N.V., Proliant Inc., Arla Foods amba, E.I. DuPont De Nemours and Co., Cargill Inc., APS Biogroup, Groupe Lactalis S.A., Nestlé SA, Danone SA, and others. Key market players are focusing on increasing the variety of products available in the market and are also concentrating on gaining a foothold in various regional markets.
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