Dairy Whiteners Market, Company Profile, Global Expansion Strategies by Top Key Vendors till 2027
The global dairy whiteners market
has been segregated, by form, into powder and liquid. The powder segment is
projected to garner a major share, of the global dairy whiteners market. The
segment’s dominance can be attributed to longer shelf-life, ease of transport,
and packaging. However, the liquid segment is expected to register a higher
CAGR during the upcoming years.
Based on packaging type, the global dairy
whiteners market has been segmented into cartons,
jars, pouches & sachets, and others. The pouches & sachets segment is
anticipated to gain the highest revenue share in the global dairy whiteners
market and is expected to maintain its dominance during the forecast period.
Several market players provide dairy whiteners in different sizes of pouches
& sachets as it offers ease to consumers while consuming it and is a
convenient form of packaging.
Key Players
Some of the key players in the global
dairy whiteners market are Fonterra Co-operative Group Limited (New Zealand),
Nestle SA (Switzerland), FrieslandCampina NV (Netherlands), Danone SA (France),
Morinaga & Company, Ltd. (Japan), Premier Foods plc (UK), Dean Foods (US),
Anand Milk Union Limited (India), Saputo Inc. (Canada), and Lactalis (France).
Market
Segmentation:
The global dairy whiteners
market has been segmented on the basis of form, packaging type, distribution
channel, and region.
Based on form, the global
dairy whiteners market has been segregated into powder, and liquid.
Based on packaging type,
the global dairy whiteners market has been classified as cartons, jars, pouches
& sachets, and others.
By distribution channel,
the global dairy whiteners market has also been segregated into food retail and
food service. The food retail segment has further been segregated into
hypermarkets & supermarkets, convenience stores, and others.
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Regional Analysis
The global
dairy whiteners market has been segmented by region, into North America,
Europe, Asia-Pacific, and Rest of the World.
North
America is anticipated to dominate the global dairy whiteners market due to the
presence of several market players in the region. Growing demand for
ready-to-drink hot and cold beverage products prepared by milk is also fueling
the region’s growth in the global dairy whiteners market.
Asia-Pacific
dairy whiteners market is projected to be the fastest-growing market during the
forecast period owing to the increasing per capita disposable income of
consumers. Busy lifestyle will necessitate convenience in everyday use products
such as dairy whiteners. These are easier to use and store than fresh milk and
will therefore find widespread use in the preparation of tea and coffee.
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