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Precision Business Insights
Rajesh k
Precision Business Insights, Kemp House, 152 – 160 City Road,

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Global dairy blends market was expected to grow at 8.5% CAGR
Global dairy blends market was valued at US $ XX Mn in 2017 and expected to grow at 8.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024

Global dairy blends ma..., 5/17/2018 - Market Outline: Dairy Blends Market

Dairy blends are the concoctions of two or more than two components of concentrated cream and butter. It is obtained from butter blends that are combined with the processed butterfat or the vegetable oils. The dairy blends provide predominant taste enhancement to the products along with additional nutritional benefits.

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Market Scope: Dairy Blends Market

Dairy blends market is segmented based on the type, form, applications, and distribution channel

Based on the type, the market is segmented into the following:

• Dairy Mixtures

• Dairy as Carrier

• Dairy as Functional Ingredient

• Dairy/Non-Dairy Ingredients

• Others

Based on the form, the market is segmented into the following:

• Powder

• Liquid

• Spreadable

Based on the application, the market is segmented into the following:

• Bakery & Confectionaries

• Ready-Cooked Dishes

• Infant Formula

• Dairy products

• Sports & health foods

• Others

Based on the distribution channel, the market is segmented into the following:

• Supermarkets & Hypermarkets

• Online stores

• Others

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Regional Analysis: Dairy Blends Market

Geographically, global dairy blends market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dairy blends market is the dominant market when compared with that of the other regional markets. The United States contributes the largest share in the dairy blends market from the region of North America. The Europe region is expected to grow in the upcoming years owing to higher awareness among the people about the nutritious benefits of the dairy blends and increasing preference of the dairy products. Asia Pacific region is predicted to grow exponentially in the forecasted period due to its emerging economies such as China, Australia, Japan and New Zealand. The soaring investments of the manufacturers in the emerging countries are enhancing the growth of the market in this region.

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Competition Assessment: Dairy Blends Market

Some of the players in the global dairy blends market include:

• Abbott Nutrition (U.S)

• Agri-Mark Inc. (U.S)

• All American Foods Inc. (U.S)

• Bakels Edible Oil (New Zealand)

• Fonterra Co-operative Group Limited (New Zealand)

• Cargill, Inc. (U.S)

• Kerry Group (Ireland)

• Royal Frieslandcampina N.V. (Netherlands)

• Agropur Ingredients (U.S)

• Döhler Group (Germany)

Notable Market Developments: Dairy Blends Market

? In October 2017, Lewis Road Creamery and Whittaker's launched chocolate butter.

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