Dairy Ingredients Market by Type (Milk Powder, Whey Ingredients, MPC & MPI, Lactose & its Derivatives, Casein & Caseinates), Source (Milk and Whey), by Application & Region – Global Trend & Forecast to 2020

“The global dairy ingredients market is projected to grow significantly from an estimated value of USD 45.6 billion in 2015 to USD 59.8 billion by 2020 at a CAGR of 5.6%. The growth in this market is driven by the increasing aging population and increasing health issues, which makes consumers focus on healthy diets.
The Asia-Pacific market will register the highest growth by 2020 owing to the significant increase in the health awareness level in consumers and the increasing demand for healthy and nutritional food products. The growth in this region is supplemented by the increasing per-capita spending power and changing food habits, especially in economies such as China and India.
This report covers the global dairy ingredients market in major regions such as North America, Europe, Asia-Pacific, and RoW. The dairy ingredients market is segmented on the basis of type, application source, and region. By type, the milk powder segment is projected to dominate the global dairy ingredients market between 2015 and 2020. By application, the dairy products segment is projected to have the largest market during the forecast period.
This report analyzes various market trends and establishes the most effective growth strategies in the market. It identifies market dynamics such as drivers, restraints, opportunities, and challenges. Major dairy ingredient companies such as FrieslandCampina (The Netherlands), Fonterra Co-Operative Group (New Zealand), Dairy Farmers of America (U.S.), Arla Foods (Denmark), Glanbia Plc. (Ireland), Euroserum (France), Groupe Lactalis (Germany), Saputo Inc. (Canada), Volac international Limited (U.K.), and Murray Goulburn Co-Operative Co. Limited (Australia) have been profiled in it.
Reasons to buy this report:
• To get a comprehensive overview of the global dairy ingredients market
• To gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them.
• To gain insights of the major countries/regions in which the dairy ingredients industry is flourishing

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“TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED 16
1.4 CURRENCY CONSIDERED 16
1.5 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Breakdown of primary interviews 20
2.2 FACTOR ANALYSIS 20
2.2.1 INTRODUCTION 20
2.2.2 DEMAND-SIDE ANALYSIS 21
2.2.2.1 Population growth and diversified food demand 21
2.2.2.2 Rising demand for bakery products 22
2.2.3 SUPPLY-SIDE ANALYSIS 22
2.2.3.1 Increasing dairy production 23
2.3 MARKET SIZE ESTIMATION 23
2.3.1 BOTTOM-UP APPROACH 24
2.3.2 TOP-DOWN APPROACH 25
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 26
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 27
2.5.1 ASSUMPTIONS 27
2.5.2 LIMITATIONS 27
3 EXECUTIVE SUMMARY 28
 
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN DAIRY INGREDIENTS MARKET 32
4.2 DAIRY INGREDIENTS MARKET, BY TYPE (2015-2020) 33
4.3 DAIRY INGREDIENTS MARKET, BY APPLICATION (2015-2020) 34
4.4 GLOBAL: DAIRY INGREDIENTS MARKET 35
4.5 DAIRY INGREDIENTS: MARKET SHARE OF TOP COUNTRIES, 2014 36
4.6 LIFE CYCLE ANALYSIS: ASIA-PACIFIC AN ATTRACTIVE MARKET FOR INVESTMENT 37
5 MARKET OVERVIEW 38
5.1 INTRODUCTION 39
5.2 MARKET SEGMENTATION 39
5.2.1 DAIRY INGREDIENTS MARKET, BY TYPE 40
5.2.2 DAIRY INGREDIENTS MARKET, BY APPLICATION 40
5.2.3 DAIRY INGREDIENTS MARKET, BY SOURCE 41
5.3 MARKET DYNAMICS 42
5.3.1 DRIVERS 42
5.3.1.1 Increasing awareness towards health & wellness 42
5.3.1.2 Growth in application sector 43
5.3.1.3 R&D and innovation to expand applicability & accelerate growth 43
5.3.2 RESTRAINTS 43
5.3.2.1 Alternatives such as plant protein 43
5.3.3 OPPORTUNITIES 44
5.3.3.1 Emerging markets: new growth frontier 44
5.3.3.2 Functional potential of dairy ingredients in new product lines 44
5.3.4 CHALLENGE 44
5.3.4.1 Increasing incidences of lactose intolerance & milk allergies 44
6 INDUSTRY TRENDS 45
6.1 INTRODUCTION 45
6.2 VALUE CHAIN ANALYSIS 46
6.3 SUPPLY CHAIN ANALYSIS 47
6.3.1 PROMINENT COMPANIES 48
6.3.2 SMALL & MEDIUM ENTERPRISES 48
6.3.3 END USERS (MANUFACTURERS/CONSUMERS) 48
6.3.4 KEY INFLUENCERS 48
6.4 PORTER’S FIVE FORCES ANALYSIS 49
6.4.1 INTENSITY OF COMPETITIVE RIVALRY 49
6.4.2 BARGAINING POWER OF SUPPLIERS 50
6.4.3 BARGAINING POWER OF BUYERS 50
6.4.4 THREAT OF NEW ENTRANTS 51
6.4.5 THREAT OF SUBSTITUTES 51
6.5 STRATEGIC BENCHMARKING 52
6.5.1 MERGERS & ACQUISITIONS AND PARTNERSHIPS/AGREEMENTS/COLLABORATIONS 52
6.5.2 EXPANDING BUSINESS THROUGH EXPANSION, INVESTMENT, AND NEW PRODUCT LAUNCHES 54
7 REGULATIONS IN THE DAIRY INGREDIENTS MARKET 56
7.1 INTRODUCTION 56
7.2 JUSTICE LAW, CANADA 56
7.2.1 ADVERTISEMENT FOR INTERNATIONAL AND INTERPROVINCIAL TRADE 56
7.2.2 EXPORTS OF DAIRY PRODUCTS FROM CANADA 56
7.2.3 IMPORT OF DAIRY PRODUCTS IN CANADA 56
7.3 EU REGULATION ON MILK AND MILK PRODUCTS 57
7.3.1 GENERAL DAIRY CONDITIONS 57
7.3.2 SPECIFIC DAIRY RULES 57
7.4 USFDA – U.S. FOOD AND DRUG ADMINISTRATION INSPECTION GUIDE 57
7.4.1 REGULATIONS FOR RAW MILK RECEIVING 57
7.4.2 REGULATIONS FOR RAW MILK PROCESSING 57
8 DAIRY INGREDIENTS MARKET, BY SOURCE 58
8.1 INTRODUCTION 59
8.2 MILK 60
8.3 WHEY 61
9 DAIRY INGREDIENTS MARKET, BY TYPE 63
9.1 INTRODUCTION 64
9.2 MILK POWDER 66
9.2.1 KEY VARIENTS OF MILK POWDER 67
9.2.1.1 Skimmed milk powder 67
9.2.1.2 Whole milk powder 67
9.3 WHEY INGREDIENTS 69
9.3.1 KEY VARIENTS OF WHEY INGREDIENTS 69
9.3.1.1 Whey protein concentrates (WPC) 69
9.3.1.2 Whey protein isolates (WPI) 69
9.3.1.3 Sweet whey powder 69
9.3.1.4 Others 69
9.4 MILK PROTEIN CONCENTRATES & MILK PROTEIN ISOLATES (MPC & MPI) 70
9.5 LACTOSE & ITS DERIVATIVES 72
9.6 CASEIN & CASEINATES 73
9.7 OTHER DAIRY INGREDIENTS 75
 
10 DAIRY INGREDIENTS MARKET, BY APPLICATION 76
10.1 INTRODUCTION 77
10.2 BAKERY & CONFECTIONERY 79
10.3 DAIRY PRODUCTS 80
10.4 CONVENIENCE FOODS 81
10.5 INFANT MILK FORMULA 82
10.6 SPORTS & CLINICAL NUTRITION 84
10.7 OTHER FOOD PRODUCTS 85
11 DAIRY INGREDIENTS MARKET, BY REGION 87
11.1 INTRODUCTION 88
11.2 NORTH AMERICA 90
11.2.1 U.S. 90
11.2.2 CANADA 90
11.2.3 MEXICO 90
11.3 EUROPE 96
11.3.1 GERMANY 96
11.3.2 FRANCE 96
11.3.3 U.K. 96
11.3.4 REST OF EUROPE 96
11.4 ASIA-PACIFIC 102
11.4.1 CHINA 102
11.4.2 INDIA 102
11.4.3 AUSTRALIA AND NEW ZEALAND 102
11.4.4 REST OF ASIA-PACIFIC 102
11.5 REST OF THE WORLD (ROW) 108
11.5.1 BRAZIL 108
11.5.2 MIDDLE EAST 108
11.5.3 REST OF ROW 108
12 COMPETITIVE LANDSCAPE 113
12.1 OVERVIEW 113
12.2 DAIRY INGREDIENTS: MARKET SHARE ANALYSIS 114
12.3 COMPETITIVE SITUATION & TRENDS 115
12.3.1 EXPANSIONS & INVESTMENTS 116
12.3.2 AGREEMENT/PARTNERSHIP/JOINT VENTURE 117
12.3.3 MERGERS & AQUISITIONS 118
12.3.4 NEW PRODUCT LAUNCHES 119
 
13 COMPANY PROFILES 120
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 INTRODUCTION 120
13.2 FRIESLANDCAMPINA 121
13.3 FONTERRA CO-OPERATIVE GROUP LIMITED 125
13.4 DAIRY FARMERS OF AMERICA 129
13.5 ARLA FOODS 132
13.6 GLANBIA PLC 136
13.7 EUROSERUM 139
13.8 GROUPE LACTALIS 141
13.9 SAPUTO INC. 143
13.10 MURRAY GOULBURN CO-OPERATIVE CO. LIMITED 145
13.11 VOLAC INTERNATIONAL LIMITED 147
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
14 APPENDIX 148
14.1 INSIGHTS OF INDUSTRY EXPERTS 148
14.2 DISCUSSION GUIDE 149
14.3 COMPANY DEVELOPMENTS 151
14.3.1 EXPANSIONS & INVESTMENTS 151
14.3.2 AGREEMENTS, PARTNERSHIPS, JOINT VENTURES & COLLABORATIONS 153
14.3.3 MERGER & ACQUISITIONS 155
14.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 156
14.5 AVAILABLE CUSTOMIZATIONS 157
14.6 RELATED REPORTS 157
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“LIST OF TABLES

TABLE 1 ASSUMPTIONS 27
TABLE 2 DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 2013–2020 (USD MILLION) 59
TABLE 3 DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 2013–2020 (KT) 60
TABLE 4 MILK IN DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 60
TABLE 5 MILK IN DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (KT) 61
TABLE 6 WHEY IN DAIRY INGREDIENTS MARKET SIZE, BY REGION, 
2013–2020 (USD MILLION) 61
TABLE 7 WHEY IN DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (KT) 62
TABLE 8 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 65
TABLE 9 DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (KT) 66
TABLE 10 DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER, BY REGION, 
2013–2020 (USD MILLION) 68
TABLE 11 DAIRY INGREDIENTS MARKET SIZE FOR MILK POWDER MARKET, BY REGION, 
2013–2020 (KT) 68
TABLE 12 DAIRY INGREDIENTS MARKET SIZE FOR WHEY INGREDIENTS, BY REGION, 
2013–2020 (USD MILLION) 69
TABLE 13 DAIRY INGREDIENTS MARKET SIZE FOR WHEY INGREDIENTS, BY REGION, 
2013–2020 (KT) 70
TABLE 14 DAIRY INGREDIENTS MARKET SIZE FOR MPC & MPI, BY REGION, 
2013–2020 (USD MILLION) 71
TABLE 15 DAIRY INGREDIENTS MARKET SIZE FOR MPC & MPI, BY REGION, 2013–2020 (KT) 71
TABLE 16 DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE & ITS DERIVATIVES, BY REGION, 2013–2020 (USD MILLION) 72
TABLE 17 DAIRY INGREDIENTS MARKET SIZE FOR LACTOSE & ITS DERIVATIVES, BY REGION, 2013–2020 (KT) 73
TABLE 18 DAIRY INGREDIENTS MARKET SIZE FOR CASEIN & CASEINATES, BY REGION, 
2013–2020 (USD MILLION) 74
TABLE 19 DAIRY INGREDIENTS MARKET SIZE FOR CASEIN & CASEINATES, BY REGION, 
2013–2020 (KT) 74
TABLE 20 OTHER DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 75
TABLE 21 OTHER DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (KT) 75
TABLE 22 DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 78
TABLE 23 DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2013–2020 (KT) 78
TABLE 24 DAIRY INGREDIENTS MARKET SIZE FOR BAKERY & CONFECTIONERY, BY REGION, 2013–2020 (USD MILLION) 79
TABLE 25 DAIRY INGREDIENTS MARKET SIZE FOR BAKERY & CONFECTIONERY, BY REGION, 2013–2020 (KT) 80
TABLE 26 DAIRY INGREDIENTS MARKET SIZE FOR DAIRY PRODUCTS, BY REGION, 
2013–2020 (USD MILLION) 80
TABLE 27 DAIRY INGREDIENTS MARKET SIZE FOR DAIRY PRODUCTS, BY REGION, 
2013–2020 (KT) 81
TABLE 28 DAIRY INGREDIENTS MARKET SIZE FOR CONVENIENCE FOODS, BY REGION, 
2013–2020 (USD MILLION) 81
TABLE 29 DAIRY INGREDIENTS MARKET SIZE FOR CONVENIENCE FOODS, BY REGION, 
2013–2020 (KT) 82
TABLE 30 DAIRY INGREDIENTS MARKET SIZE FOR INFANT MILK FORMULA, BY REGION, 
2013–2020 (USD MILLION) 83
TABLE 31 DAIRY INGREDIENTS MARKET SIZE FOR INFANT MILK FORMULA, BY REGION, 
2013–2020 (KT) 83
TABLE 32 DAIRY INGREDIENTS MARKET SIZE FOR SPORTS & CLINICAL NUTRITION, BY REGION, 2013–2020 (USD MILLION) 84
TABLE 33 DAIRY INGREDIENTS MARKET SIZE FOR SPORTS & CLINICAL NUTRITION , 
BY REGION, 2013–2020 (KT) 84
TABLE 34 DAIRY INGREDIENTS MARKET SIZE FOR OTHER FOOD PRODUCTS, BY REGION, 2013–2020 (USD MILLION) 85
TABLE 35 DAIRY INGREDIENTS MARKET SIZE FOR OTHER FOOD PRODUCTS, BY REGION, 2013–2020 (KT) 86
TABLE 36 DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 89
TABLE 37 DAIRY INGREDIENTS MARKET SIZE, BY REGION, 2013–2020 (KT) 89
TABLE 38 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 92
TABLE 39 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 
2013–2020 (KT) 92
TABLE 40 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 93
TABLE 41 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (KT) 93
TABLE 42 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 94
TABLE 43 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 
2013–2020 (KT) 94
TABLE 44 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 
2013-2020 (USD MILLION) 95
TABLE 45 NORTH AMERICA: DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 2013-2020 (KT) 95
TABLE 46 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION) 98
TABLE 47 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 2013–2020 (KT) 98
TABLE 48 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 99
TABLE 49 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (KT) 99
TABLE 50 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 100
TABLE 51 EUROPE: DAIRY INGREDIENTSMARKET SIZE, BY APPLICATION, 2013–2020 (KT) 100
TABLE 52 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 
2013-2020 (USD MILLION) 101
TABLE 53 EUROPE: DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 2013-2020 (KT) 101
TABLE 54 ASIA-PACIFIC: DAIRY INGREDIENTSMARKET SIZE, BY COUNTRY, 
2013–2020 (USD MILLION) 104
TABLE 55 ASIA-PACIFIC: DAIRY INGREDIENTSMARKET SIZE, BY COUNTRY, 2013–2020 (KT) 104
TABLE 56 ASIA-PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 
2013–2020 (USD MILLION) 105
TABLE 57 ASIA-PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (KT) 105
TABLE 58 ASIA-PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 106
TABLE 59 ASIA-PACIFIC: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2013–2020 (KT) 106
TABLE 60 ASIA-PACIFIC:DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 
2013-2020 (USD MILLION) 107
TABLE 61 ASIA-PACIFIC:DAIRY INGREDIENTSMARKET SIZE, BY SOURCE, 2013-2020 (KT) 107
TABLE 62 ROW: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION) 108
TABLE 63 ROW: DAIRY INGREDIENTS MARKET SIZE, BY COUNTRY, 2013–2020 (KT) 109
TABLE 64 ROW: DAIRY INGREDIENTS MARKET SIZE, BY TYPE, 2013–2020 (USD MILLION) 109
TABLE 65 ROW: DAIRY INGREDIENTSMARKET SIZE, BY TYPE, 2013–2020 (KT) 110
TABLE 66 ROW: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 
2013–2020 (USD MILLION) 110
TABLE 67 ROW: DAIRY INGREDIENTS MARKET SIZE, BY APPLICATION, 2013–2020 (KT) 111
TABLE 68 ROW:DAIRY INGREDIENTS MARKET SIZE, BY SOURCE, 2013-2020 (USD MILLION) 111
TABLE 69 ROW: DAIRY INGREDIENTSMARKET SIZE, BY SOURCE, 2013-2020 (KT) 112
TABLE 70 EXPANSIONS & INVESTMENTS, 2011–2015 116
TABLE 71 AGREEMENT/PARTNERSHIP/JOINT VENTURE, 2011–2015 117
TABLE 72 MERGERS & AQUISITIONS 2011–2015 118
TABLE 73 NEW PRODUCT LAUNCHES, 2011–2015 119

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“LIST OF FIGURES

FIGURE 1 DAIRY INGREDIENTS MARKET SEGMENTATION 15
FIGURE 2 DIARY INGREDIENTS MARKET: RESEARCH DESIGN 17
FIGURE 3 POPULATION GROWTH TREND, 1961-2050 21
FIGURE 4 BAKERY PRODUCTS MARKET SIZE, 2010-2015 (USD BILLION) 22
FIGURE 5 DAIRY PRODUCTION MARKET SIZE, 2010-2015 (MILLION TONS) 23
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 24
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 25
FIGURE 8 DATA TRIANGULATION 26
FIGURE 9 DAIRY INGREDIENTS MARKET, BY TYPE (2015 VS. 2020) 28
FIGURE 10 DAIRY INGREDIENTS MARKET, BY SOURCE (2015 VS. 2020) 29
FIGURE 11 DAIRY INGREDIENTS MARKET, BY APPLICATION (2015 VS. 2020) 29
FIGURE 12 DAIRY INGREDIENTS MARKET TREND, BY REGION, 2014 30
FIGURE 13 TOP FIVE COUNTRIES FOR DAIRY INGREDIENT MARKET 30
FIGURE 14 ASIA-PACIFIC PROJECTED TO BE THE FASTEST-GROWING MARKET BY 2020 31
FIGURE 15 ATTRACTIVE OPPORTUNITIES IN DAIRY INGREDIENTS MARKET 32
FIGURE 16 MILK POWDER PROJECTED TO BE LARGEST SEGMENT THROUGHOUT 
THE FORECAST PERIOD 33
FIGURE 17 DAIRY PRODUCTS PROJECTED TO BE THE LARGEST SEGMENT THROUGHOUT 
THE FORECAST PERIOD 34
FIGURE 18 ASIA-PACIFIC WAS THE LARGEST MARKET FOR DAIRY INGREDIENTS IN 2014 35
FIGURE 19 CHINA DOMINATED THE GLOBAL DAIRY INGREDIENTS MARKET 36
FIGURE 20 ASIA-PACIFIC TO PROVIDE IMMENSE OPPORTUNITIES FOR DAIRY INGREDIENTS MARKET GROWTH 37
FIGURE 21 DAIRY INGREDIENTS MARKET SEGMENTATION 39
FIGURE 22 DAIRY INGREDIENTS MARKET, BY TYPE 40
FIGURE 23 DAIRY INGREDIENTS MARKET, BY APPLICATION 40
FIGURE 24 DAIRY INGREDIENTS MARKET, BY SOURCE 41
FIGURE 25 DAIRY INGREDIENTS: MARKET DYNAMICS 42
FIGURE 26 DAIRY INGREDIENTS MARKET: VALUE CHAIN 46
FIGURE 27 DAIRY INGREDIENTS MARKET: SUPPLY CHAIN 47
FIGURE 28 PORTER’S FIVE FORCES ANALYSIS: DAIRY INGREDIENTS MARKET 49
FIGURE 29 STRATEGIC BENCHMARKING: ORGANIC GROWTH STRATEGIES ADOPTED 
BY COMPANIES TO EXPAND IN DAIRY INGREDIENTS MARKET 53
FIGURE 30 STRATEGIC BENCHMARKING: ACQUISITIONS, COLLABORATIONS, PARTNERSHIPS, AND INVESTMENTS ADOPTED BY MAJOR COMPANIES 54
FIGURE 31 DAIRY INGREDIENTS MARKET, BY SOURCE 59
FIGURE 32 DAIRY INGREDINETS MARKET, BY TYPE 64
FIGURE 33 MILK POWDER SEGMENT IS PROJECTED TO ACCOUNT FOR THE LARGEST MARKET SIZE IN 2020 65
FIGURE 34 MILK POWDER: KEY FUNCTIONALITIES IN FOOD APPLICATION 67
FIGURE 35 EUROPE TO HOLD THE LARGEST MARKET SHARE FOR LACTOSE & ITS DERIVATIVES IN 2015 72
FIGURE 36 DAIRY PRODUCTS ARE PROJECTED TO HOLD THE LARGEST MARKET SHARE AMONG ALL APPLICATIONS BY 2020 77
FIGURE 37 ASIA-PACIFIC TO BE THE LARGEST MARKET FOR INFANT MILK FORMULA 82
FIGURE 38 GEOGRAPHIC SNAPSHOT (2015–2020): RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS 88
FIGURE 39 NORTH AMERICAN DAIRY INGREDIENTS MARKET SNAPSHOT: THE U.S. IS PROJECTED TO BE THE MARKET LEADER BETWEEN 2015 TO 2020 91
FIGURE 40 EUROPEAN DAIRY INGREDIENTS MARKET SNAPSHOT: GERMANY IS PROJECTED TO BE THE MARKET LEADER BETWEEN 2015 AND 2020 97
FIGURE 41 THE ASIA-PACIFIC DAIRY INGREDIENTS MARKET SNAPSHOT : CHINA IS PROJECTED TO BE THE GLOBAL LEADER BETWEEN 2015 AND 2020 103
FIGURE 42 EXPNASION & INVESTMENT WERE PREFERED BY THE DAIRY INGREDIENTS COMPANIES IN THE LAST FIVE YEARS 113
FIGURE 43 DAIRY INGREDIENTS MARKET SHARE, BY KEY PLAYER, 
JANUARY 2011 TO JULY 2015 114
FIGURE 44 EXPANSION & INVESTMENT FUELED THE GROWTH & INNOVATION OF DAIRY INGREDIENTS BETWEEN JANUARY 2011 TO JULY 2015 115
FIGURE 45 EXPANSION & INVESTMENT: THE KEY STRATEGIES, 2011-2015 116
FIGURE 46 GEOGRAPHIC REVENUE MIX OF TOP FIVE MARKET PLAYERS 120
FIGURE 47 FRIESLANDCAMPIA.: COMPANY SNAPSHOT 121
FIGURE 48 FRIESLANDCAMPINA: SWOT ANALYSIS 124
FIGURE 49 FONTERRA CO-OPERATIVE GROUP LIMITED.: COMPANY SNAPSHOT 125
FIGURE 50 FONTERRA CO-OPERATIVE GROUP LTD.: SWOT ANALYSIS 128
FIGURE 51 DAIRY FARMERS OF AMERICA: COMPANY SNAPSHOT 129
FIGURE 52 DAIRY FARMERS OF AMERICA: SWOT ANALYSIS 130
FIGURE 53 ARLA FOODS: COMPANY SNAPSHOT 132
FIGURE 54 ARLA FOODS: SWOT ANALYSIS 135
FIGURE 55 GLANBIA PLC : COMPANY SNAPSHOT 136
FIGURE 56 GLANBIA PLC: SWOT ANALYSIS 138
FIGURE 57 EUROSERUM: SWOT ANALYSIS 140
FIGURE 58 GROUP LACTALIS: COMPANY SNAPSHOT 141
FIGURE 59 SAPUTO INC.: COMPANY SNAPSHOT 143
FIGURE 60 MURRAY GOULBURN CO-OPERATIVE CO. LIMITED: COMPANY SNAPSHOT 145

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