Hyderabad, India -- (SBWIRE) -- 01/22/2018 -- The report "Dairy Blends Market by Application (Yogurt, Bakery, Feed, Beverage, Butter & Cheese Blends, Infant Formula, Ice Cream, And Others), By Form (Powder, Liquid, Spreadable), By Type (Dairy/Non-Dairy Ingredients, Dairy as Carrier, Dairy as Functional Ingredient, Dairy Mixtures, And Others)- Forecast to 2021", The Dairy Blends market is expected to reach USD 4.01 Billion by 2021 from an estimated USD 2.76 Billion in 2016, at a CAGR of 7.78%. The key factors such as rapid urbanisation rates, growth in disposable incomes and population strength coupled with the changing dairy habits are driving the growth of this market.

Browse through 218 Pages and in-depth TOC on "Dairy Blends Market "
https://marketdataforecast.com/market-reports/global-dairy-blends-market-994/
Early buyers will receive 10% customization on reports.

By application, the infant formula segment accounted for the largest share of the market in 2016

On the basis of application, the Dairy Blends market has been segmented into Application, is classified into Yogurt, Bakery, Feed, Beverage, Butter & Cheese Blends, Infant Formula, Ice Cream, and Others. The infant formula segment accounts for the major market share owing to the increase in birth rates and decrease in mortality rates which has led to a rise in infant population, and infant formulas are the go-to products for providing nutrition to babies.

By form, the powders segment accounted for the largest share of the market in 2016

Customized Report: https://marketdataforecast.com/market-reports/global-dairy-blends-market-994/customize-report

On the basis of form, the Dairy Blends market has been segmented into Powder, Liquid, and Spreadable. In 2016, the powdered segment accounted for the major market share owing to the deeper market penetration of powders dairy blends as they have been in the market for a relatively longer time when compared to other forms.

By type, the Dairy/non-dairy ingredients market accounts for the largest market share.

On the basis of type, the Dairy Blends market has been segmented into Dairy/Non-Dairy Ingredients, Dairy as Carrier, Dairy as Functional Ingredient, Dairy Mixtures, and Others. The dairy/non-dairy segment accounts for the largest market share as they are used in a variety of applications such as ice cream, bakery, and confectionaries.

North America dominated the market in 2016

Inquire: https://marketdataforecast.com/market-reports/global-dairy-blends-market-994/request-sample

North America accounted for the largest share of the Dairy Blends market in 2016, followed by Europe. The large share of the North American Dairy Blends market can be attributed to the rapidly growing population, urbanization and due to the fact that the United States is the primary producer of dairy blends and is the fourth largest dairy product exporter and larger then Asia and South America in terms of service of whey.

The various players in the Dairy Blends market include Anchor, SPX Flow, Abbott Nutrition, Cape Food Ingredients, Agropur Ingredients, Hormel Specialty Products, Friesland Campina, and Cargill Inc.

About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.

Related Link:
Gourmet salt Market - https://marketdataforecast.com/market-reports/global-gourmet-salt-market-1036/
Bioactive Ingredients Market - https://marketdataforecast.com/market-reports/global-bioactive-ingredients-market-1197/

Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626