Global Dairy Whiteners Market 2017-2021

Overview of the global dairy whiteners market

According to Technavio's market research report, the global dairy whiteners market will grow at a CAGR of close to 6% during the forecast period. One of the key drivers that will stimulate growth in the market during the predicted period is the increasing consumption of tea and coffee. Several consumers prefer dairy whiteners as fresh milk substitutes in hot beverages like coffee and tea. The demand for this product is increasing among coffee and tea drinkers due to the convenience and portability associated with dairy whiteners. It has been predicted that the demand for coffee will increase by over 25% by 2021. This will subsequently will drive the demand for dairy whiteners as fresh milk substitutes.

During 2016, APAC accounted for the majority market share because India and China are the key markets for dairy whiteners. The demand for dairy whiteners will continue to increase during the estimated period due to the expansion of the population base and rapid urbanization. The region is witnessing a high demand for convenient products. This will further boost the demand for dairy whiteners as these products are more convenient to use than regular milk.

Competitive landscape and key vendors

The dairy whiteners market has the presence of many regional and international players. Vendors are introducing products in popular flavors such as chocolate and strawberry to meet the changing consumer preferences. They are also seeking visibility for their products and trying to enhance product shelf life by manufacturing innovative high-quality packaging materials.

Key vendors in this market are -

• Danone
• FrieslandCampina
• Fonterra Co-operative
• Nestlé

Other prominent vendors in the market include Amul, Arla Foods, Dairy Farmers of America, Dean Foods, Kraft Heinz, Land O' Lakes, China Mengniu Dairy, MORINAGA MILK INDUSTRY, Müller UK & Ireland, Schreiber Foods, and Yili.

Segmentation by distribution channels and analysis of the dairy whiteners market

• Supermarkets and hypermarkets
• Convenience stores
• Food and drinks specialist

The supermarkets and hypermarkets contributed to the maximum market shares during 2016. The distribution of dairy whiteners through this channel will continue to increase for the next four years due to the high influx of consumers to these stores owing to the high rate of customer trust and satisfaction.

Segmentation by application and analysis of the dairy whiteners market

• Infant formula manufacturing
• Beverage additives
• Nutritional foods preparation

Consumers increasingly use dairy whiteners in hot beverages such as tea, coffee, and hot chocolate. Partially skimmed milk is prepared by using dairy whiteners. This milk product is used for preparing tea and coffee. The addition of dairy whiteners in the beverage products will continue to grow in the forthcoming years due to the high consumption of tea in various countries such as China and India.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global dairy whiteners market?
• What are the key market trends impacting the growth of the global dairy whiteners market?
• What are the challenges to market growth?
• Who are the key vendors in the global dairy whiteners market?
• What are the market opportunities and threats faced by the vendors in the global dairy whiteners market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global dairy whiteners market?

Technavio also offers customization on reports based on specific client requirement.

Dairy whitener is generally used in making tea and coffee and has different variations of fat. This upcoming market research report on the global dairy whiteners market offers insights into the key trends and emerging drivers influencing the growth of the food and beverage industry. Our market research reports for the food industry also follow an extensive data collection methodology and offer an analysis of fast growing market segments like the food sector.

By considering the market forecast and size, surging demand for various foods, the market research analysts at Technavio offer an extensive insight of the dairy whiteners market for the estimated period of 2017 to 2021. Furthermore, our research practices help clients devise effective growth strategies and keep pace with the continually changing market scenario. This market research also offers a detailed analysis of various food markets based on the inference of the information gathered from specific resources such as channel partners and market stakeholders.

This upcoming industry report on the dairy whiteners market also considers the growth of the related food markets such as the probiotics market, which is expected to project a CAGR of above 7% during the forecasted period. According to our market research analysts, increasing availability in all retailing channel is expected to impact the dairy whiteners market in the coming years. Moreover, to offer businesses an insight into the dynamic competitive landscape, this upcoming market research report on the dairy whiteners market also covers vendors like Fonterra, Nestle, Danone, Yili, Morinaga, Premier Foods, Dean Foods, Amul India, and Saputo.

The upcoming industry research report on the dairy whiteners market also highlights the key drivers, major trends, as well as the imminent challenges that the food sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the food and beverage industry. Technavio also provides detailed market assessments into the sectors such as food services and non-alcoholic beverages.

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.