#Dairy #Blends #Market #Size #Hit #USD #Million
New York, US , Oct. 26, 2022 (GLOBE NEWSWIRE) — Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Dairy Blends Market Information by Type, Form, Application and Region – Forecast till 2030”, the market is estimated to acquire a size of over USD 4,670.7 Million by the end of 2030. The report further predicts the market to thrive at a healthy CAGR of over 6.55% during the review timeframe.
Market Scope:
Dairy blends are a combination of butter and heavy cream. You can spread it on bread because it contains vegetable oil. Blends of dairy improve the genuine and absolute flavor of the final products.
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Report Scope:
Report Attribute | Details |
Market Size in 2030 | USD 4,670.7 Million |
CAGR | 6.55% (2022–2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Type, Form, Application and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Market Drivers | The availability of various flavors in the market |
Growing concern about health and related issues |
Competitive Dynamics
To maintain their dominant position in the global market, the most important players in the industry engage in a wide range of competitive activities, including collaborations, joint ventures, mergers and acquisitions, the creation of a new production process, the introduction of a new product, partnerships, and the development of new distribution channels. The most prominent major key players in the the global Dairy Blends Market are as follows:
- Kerry Group Plc (Ireland)
- Cargill Inc. (U.S.)
- Fonterra Co-operative (New Zealand)
- Royal Frieslandcampina N.V. (The Netherlands)
- AAK Foodservice (U.S.)
- Cape Food Ingredients (South Africa)
- Galloway Company (U.S.)
- Agropur Cooperative (Canada)
- Read on GNW: Dairy Blends Market Size to Hit USD 4,670.7 Million by 2030