Top Companies in Dairy Ingredients Market | Statistics and In-depth Analysis, this will Help You Decide!

Dairy Ingredients Market to Reach Valuation of 93.72 USD Million by 2028; Increasing Technological Advancements in the Healthcare Sector is Driving the Market”

Top Companies in Dairy Ingredients Market | Statistics and In-depth Analysis, this will Help You Decide!
Dairy Ingredients market

Market Overview:

The global Dairy Ingredients market is valued at 62.80 USD Million in 2021 and is projected to reach a value of 93.72 USD Million by 2028 at a CAGR of 6.90% over the forecast period. Dairy Ingredients are derived from milk that satisfies nutritional, organoleptic, and other functional needs. Dairy Ingredients are highly valuable in food industries for their multifunctionality and are considered an essential ingredient for food formulation.

The growth in the dairy ingredients market is majorly driven by the increasing food demand for a growing population and the rising economy of developing nations. Additionally, the rise in nutritionally aware consumers, increasing demand for clean label products, and advancement in supply chain management are also some of the key factors boosting the adoption of dairy ingredients.      

Following are the top 10 leading companies in the Dairy Ingredients market:

Company Name

Revenue in USD

  • Nestle S.A.                   

$87 Billion

  • Fonterra Cooperative Group

$14 Billion

  • Royal FrieslandCampina N.V.

$13 Billion

  • Arla Foods

$12 Billion

  • Lactalis Group                          

$24 Billion

  • Dairy Farmers of America Inc.

$6 Billion

  • Agropur Cooperative

$5 Billion

  • Schreiber Foods Inc.             

$5 Billion

  • Savencia S.A.               

$44 Million

  • Glanbia plc

$4 Billion

  1. Nestle S.A.

Nestlé S.A. is a Swiss multinational food and drinks processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenue and other metrics, since 2014. The company is listed as NESN (SWX) in the stock exchange market. In 2020, the company generated revenue of USD 9,206 Million and had 2, 73,000 employees working across the globe. The company has numerous subsidiaries such as Nespresso, Nestlé India, Nestlé Japan, and various others.

  1. Fonterra Cooperative Group

Fonterra Co-operative Group Limited is a New Zealand multinational publicly traded dairy co-operative owned by around 10,500 New Zealand farmers. The company is responsible for approximately 30% of the world's dairy exports and with revenue exceeding USD 11.65 billion, is New Zealand's largest company. The company is listed as FGC (NZE) in the stock exchange market. In 2020, the company had 21,400 employees working across the globe. The company has numerous subsidiaries such as Farm Source, Soprole, Fonterra Limited, and various others.

  1. Royal FrieslandCampina N.V.

Royal FrieslandCampina N.V. is a Dutch multinational dairy cooperative which is based in Amersfoort, Netherlands. It is the result of a merger between Friesland Foods and Campina on 31 December 2008. In 2020, the company generated revenue of USD 1.245.85 Million. The company has numerous subsidiaries such as Dutch Lady Milk Indus, PT Frisian Flag Indonesia, and various others

  1. Arla Foods

Arla Foods amba is a Danish multinational cooperative based in Viby, Denmark, and the largest producer of dairy products in Scandinavia. Arla Foods was formed as the result of a merger between the Swedish dairy cooperative Arla and the Danish dairy company MD Foods on 17 April 2000. In 2020, the company generated revenue of USD 1,150 Million and had 18,765 employees working across the globe. The company has numerous subsidiaries such as Arla Oy, Arla Foods UK, and various others

  1. Lactalis Group

Lactalis is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier SA. Lactalis is the largest dairy products group in the world, and is the second-largest food products group in France, behind Danone.

  1. Dairy Farmers of America Inc.

Dairy Farmers of America Inc. is a national milk marketing cooperative in the United States and was founded in 1998. DFA markets members' raw milk and sells milk and derivative products to wholesale buyers both domestically and abroad. The company had 18,000 employees and numerous subsidiaries such as Dean Foods, Kemps, Cumberland Dairy, Inc., and various others

  1. Agropur Cooperative

The Agropur Dairy Cooperative, usually shortened to Agropur, is headquartered in Longueuil, Quebec, Canada. Agropur Cooperative is a North American dairy cooperative founded in 1938.

  1. Schreiber Foods Inc.

Schreiber Foods Inc. is a dairy company that produces and distributes natural cheese, processed cheese, cream cheese, and yogurt. The company was founded in 1945 and has 8,500 employees working. It is an employee-owned customer-brand dairy company headquartered in Green Bay, Wisconsin.

  1. Savencia S.A.

Savencia Fromage & Dairy, named Bongrain until 2015, is a French food company specializing in the production of cheeses. Brands include Saint Agur Blue, Saint Albray, Etorki, Alouette and Pié d'Angloys.

  1. Glanbia plc

Glanbia plc is an Irish global nutrition group with operations in 32 countries. It has leading market positions in sports nutrition, cheese, dairy ingredients, specialty non-dairy ingredients, and vitamin and mineral premixes. Glanbia products are sold or distributed in over 130 countries.

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For More Information about each of these companies. Vantage Market Research Report comes up with a detailed analysis of each major player in the industry. The Study provides Global market size & share, Emerging trends, an in-depth analysis of key players, Development opportunities, Sales, Revenue Forecast.

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https://www.globenewswire.com/news-release/2022/03/21/2406460/0/en/Global-Dairy-Ingredients-Market-Future-Growth-Dynamics-2022-CAGR-of-6-90-Forecast-During-2022-2026-with-Market-Set-to-Reach-US-93-72-Million-by-2028-Vantage-Market-Research.html