- Dairy Whiteners Market
Dairy Whiteners Market
Dairy Whiteners Market by Product Type, Packaging, Sales Channel & Region -
Forecast 2022 - 2032
Market Insights on Dairy Whiteners covering sales outlook, demand forecast & up-to-date key trends
Dairy Whiteners Market Outlook (2022-2032)
[350 Pages Report] The global dairy whiteners market is expected to reach
market valuation of US$ 10.6 Bn by the end of 2022, accelerating with a CAGR
of 6% during the forecast period (2022-2032).
Dairy Whiteners Market Size (2022E)
US$ 10.6 Bn
Dairy Whiteners Market Projected Size (2032F)
US$ 19 Bn
Value CAGR (2022-2032)
Top 3 Countries Market Share
Dairy whitener sales are likely to account for ~21% of the overall flavoured milk
market, which is anticipated to be valued at US$ 50 Bn by 2022.
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According to the study, the diary whitener market will witness a moderate
growth over the forecast period. Growth is primarily attributed to their long
shelf life, ready to consume composition and ease of handling.
Moreover, rising demand for milk protein with low fat content is projected to
improve the demand for dairy whiteners. To capitalize on this trend,
manufacturers are developing new products in the dairy whitener market.
How Does Dairy Whiteners Market Historic and Future Outlook
Historically the dairy whitener market witnessed a modest growth of around 3%
CAGR owing to the rising consumption of dairy alternatives across the globe.
Usability of dairy whiteners in a broad range of food and beverages products
made them multifunctional, surging its scope of application.
However, during the pandemic, the market witnesses immense growth as sales
of dairy whiteners surged globally due to the disruption the overall milk sales.
For instance, in FQ-20, with closure of cafes, restaurants, road side stalls and