While dairy prices experienced a slight decrease at the start of 2018, they are still significantly higher than 2016 levels due to a persistent global milk supply shortage. This shortage has had a widespread impact, notably increasing the costs of dairy products such as butter, as well as dairy-based foods and beverages. The elevated prices have become nearly unaffordable for many consumers, prompting a shift in preferences toward more affordable alternatives. This shift has positively influenced the market for dairy blends products. Additionally, dairy blends not only offer a cost-effective solution but also enhance product flavor when combined with soy or other proteins.
Consumers around the world are becoming increasingly health-conscious, leading many to reduce their dairy intake due to lactose intolerance and allergies. Dairy blends products, containing protein, vitamins, and essential minerals, are gaining popularity due to these health considerations. Products like high-protein meal replacement bars, based on dairy blends, offer a convenient and balanced diet option. Furthermore, the availability of dairy blend products that are free from dairy components, such as low-fat and relatively carbohydrate-free options, has further increased demand.
In addition to their nutritional content, dairy blend ingredients like whey protein concentrate contribute to various health benefits. These include building muscle mass, reducing blood pressure, boosting immune function, aiding in weight reduction, repairing muscle tissue, and acting as an energy booster. These health benefits serve as drivers for the growth of the dairy blends products market.
The demand for dairy blends has also been fueled by their ability to improve the overall taste of products. When added to soy or other proteins, dairy blends enhance the flavor, making them an attractive and cost-effective alternative to pure dairy protein. This versatility in enhancing taste has contributed to the positive reception of dairy blends in the market.
In conclusion, the combination of affordability, health considerations, and improved taste has led to the growing popularity of dairy blends products, making them a sought-after choice for consumers looking for alternative dairy options. As consumers continue to prioritize health and budget-friendly choices, the market for dairy blends is expected to witness further growth.
Covered Aspects:Report Attribute/Metric | Details |
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Market Opportunities | · Growing health consciousness among general population |
Market Dynamics | · Rising demand for natural plant-based ingredients |
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