コンデンスホエイ市場の2030年までの予測：製品別、供給源別、脂肪含量別、機能別、用途別、地域別の世界分析

Stratistics MRCによると、コンデンスホエイの世界市場は2024年に46億米ドルを占め、予測期間中のCAGRは10.4%で、2030年には83億3,000万米ドルに達する見込みです。

コンデンスホエイは乳製品の製品別であり、液体ホエイを蒸発させて大量の水分を除去し、より濃厚で濃縮された製品を作り出します。必須アミノ酸、高品質タンパク質、ビタミン、カルシウムやリンのようなミネラルといった重要な栄養素を保持するため、この濃縮ホエーは栄養補助食品、動物飼料、焼き菓子の一般的な原料となっています。動物飼料用途では、乳糖を多く含むホエイはエネルギー含有量を高め、家畜の成長と健康をサポートします。

FAO（国連食糧農業機関）によると、ホエーの製品別を大量に生み出す世界のチーズ生産量は、2021年に約2,500万トンに達しました。

乳製品への関心の高まり

利便性と栄養を優先するライフスタイルの変化や可処分所得の増加により、世界の乳製品市場は急速に拡大しています。乳製品は、重要なビタミン、カルシウム、タンパク質を含む栄養価が高いため、健康を気遣う消費者の間で人気が高まっています。チーズ製造の製品別であるコンデンスホエイは、プロテインバー、スムージー、ベビー用ミルクなど、多くの食品の有用な成分です。さらに、高級乳製品に対する消費者の需要を満たしたいと考える食品製造業者は、風味と食感を向上させる能力があることから、ホエーを好んで使用しています。

原料価格の変動

気候変動、飼料価格、世界サプライチェーンの混乱は、牛乳やホエイなどの乳製品原料の価格を大きく変動させる要因の一部です。コンデンスホエイの生産者にとって、この変動は生産コストの上昇を招き、採算を維持することを難しくする可能性があります。さらに、価格変動は小規模生産者の事業拡大や市場参入を阻害し、競争や技術革新を制限する可能性もあります。

健康志向製品カテゴリーの成長

ウェルネスと健康志向の動きはいまだ牽引力を増しており、顧客は食生活の目的に合ったより多くの製品を求めています。生産者にとっては、コンデンスホエイを使用した健康志向の製品ラインを新たに開発し、普及させる大きなチャンスがあります。さらに、これらの製品は、栄養豊富、低カロリー、または高タンパク質オプションとして販売することができ、ボディビルダー、アスリート、健康志向の人々を含む様々な消費者にアピールすることができます。例えば、コンデンスホエイの栄養面での利点は、ミール代替シェイク、タンパク質強化スナック、すぐに飲める飲料などに活用できます。

植物性代替食品が好まれる健康動向

コンデンスホエイの市場は、植物性食生活の動向の高まりによって深刻な脅威にさらされています。多くの消費者は、環境意識や健康意識が高まるにつれて、ビーガンや乳製品不使用の選択肢を選ぶようになっています。エンドウ豆、大豆、アーモンドなどの植物性タンパク質は、乳糖やコレステロールを含まず、乳製品に匹敵する栄養価を提供するため、人気が高まっています。さらに、乳清やその他の伝統的な乳製品原料は、この変化の結果、特に代替食生活を実践する可能性の高い若年消費者の間で、人気が低下する可能性があります。

COVID-19の影響：

COVID-19の大流行は、濃縮乳清市場に大きな影響を与えました。当初は、健康維持のために栄養補助食品を求める人々が増え、高タンパク製品の需要が高まった。フィットネス施設やスポーツジムが閉鎖されたため、人々は自宅でタンパク質を摂取する他の方法を探し始め、ホエイベースの製品市場が盛り上がった。しかし、パンデミックによってもたらされた困難もあった。たとえば、サプライチェーンの中断や、操業停止や社会的距離を置く政策による生産能力の低下などです。さらに、パンデミック後、企業が事業の調整と再編成を始めたため、市場は回復しつつあるように見えました。

予測期間中、プレーンコンデンスホエイ・セグメントが最大となる見込み

最も大きなシェアを占めるのはプレーンコンデンスホエイであろう。その適応性の高さと、乳製品、製パン、食品製造など様々な分野での幅広い用途が、この市場を定義しています。ホエイを低温殺菌して蒸発させる過程で、重要なタンパク質、ビタミン、ミネラルを保持する栄養豊富なプレーンコンデンスホエイが得られます。これは多くの製剤の一般的な成分であり、焼き菓子、スープ、ソース、ベビー用ミルクを含む幅広い食品に使用されています。さらに、プレーンコンデンスホエイは、乳製品ベースの製品に対する需要の高まりと、ベーカリーおよび菓子類の分野の拡大により、コンデンスホエイ市場全体でますます人気が高まっています。

ヤギ乳セグメントは予測期間中最も高いCAGRが見込まれる

コンデンスホエイ市場では、ヤギ乳セグメントが最も高いCAGRで成長すると予測されます。牛乳よりも高濃度のビタミンやミネラルを含む独特の栄養特性と消化のしやすさから、ヤギ乳の人気はますます高まっています。そのため、乳糖不耐症や乳製品過敏症の消費者にとって望ましい選択肢となっています。さらに、健康志向の高まりと乳製品代替品へのニーズの高まりから、ヤギ乳を原料とする乳清濃縮物やその他の製品も人気を集めています。自然で健康志向の食品を好む消費者層を満足させるため、生産者はヤギ乳ホエイを使った最先端の製品を作ることに注力しています。

最大のシェアを持つ地域：

確立された酪農産業と高い乳製品消費率により、北米がコンデンスホエイ市場で最大のシェアを占めています。この地域には強力な乳製品加工インフラがあり、焼き菓子、キャンディー、栄養補助食品など様々な製品に使用される濃縮ホエー製品の生産と流通が容易です。この業界における北米の優位性は、重要な市場企業の存在と、製品提供における継続的な技術革新によってさらに裏付けられています。その他の特典としては、栄養と健康問題に対する消費者の意識の高まりによる高タンパク食品需要の増加が挙げられます。

CAGRが最も高い地域：

アジア太平洋地域は、コンデンスホエイ市場で最も高いCAGRを示すと予測されます。中間層の急成長、健康意識の高まり、中国、インド、インドネシアなどの国々における乳製品需要の拡大など、数多くの要因がこの成長の原因となっています。この動向はさらに、乳製品生産の工業化や、高タンパク質食品に対するこの地域の関心の高まりによっても支えられています。さらに、食品加工能力を向上させるための政府の奨励的な取り組みと酪農産業への投資は、おそらくコンデンスホエイ製品の新市場を切り開くと思われます。

無料カスタマイズサービス：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場企業の包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 製品分析
• 用途分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界のコンデンスホエイ市場：製品別

• プレーンコンデンスホエイ
• 甘味コンデンスホエイ
• 酸性コンデンスホエイ

第6章 世界のコンデンスホエイ市場：供給源別

• 牛乳
• ヤギ乳
• 羊乳

第7章 世界のコンデンスホエイ市場：脂肪含有量別

• 全脂肪コンデンスホエイ
• 低脂肪コンデンスホエイ
• 無脂肪コンデンスホエイ

第8章 世界のコンデンスホエイ市場：機能別

• 乳化剤
• スタビライザー
• 保水剤
• ゲル化剤
• 増粘剤

第9章 世界のコンデンスホエイ市場：用途別

• 飲食品
  • 乳製品
  • ベーカリー製品・菓子類
  • ソース、スープ、ドレッシング
  • ジャム・ゼリー
  • 肉製品
• 動物飼料・栄養
• その他の用途

第10章 世界のコンデンスホエイ市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第11章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第12章 企業プロファイリング

• DMK Group
• Optimum Nutrition Inc.
• Agri-Mark Inc.
• Saputo Inc.
• Fonterra Co-operative Group Limited
• Arla Foods AMBA
• Leprino Foods Company Inc.
• Glanbia plc
• Foremost Farms USA Cooperative Inc.
• Lactalis Group
• Associated Milk Producers Inc.
• Hilmar Cheese Company Inc.
• Kerry Group plc
• Cargill
• Schreiber Foods Inc.

List of Tables

• Table 1 Global Condensed Whey Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Condensed Whey Market Outlook, By Product (2022-2030) ($MN)
• Table 3 Global Condensed Whey Market Outlook, By Plain Condensed Whey (2022-2030) ($MN)
• Table 4 Global Condensed Whey Market Outlook, By Sweetened Condensed Whey (2022-2030) ($MN)
• Table 5 Global Condensed Whey Market Outlook, By Acid Condensed Whey (2022-2030) ($MN)
• Table 6 Global Condensed Whey Market Outlook, By Source (2022-2030) ($MN)
• Table 7 Global Condensed Whey Market Outlook, By Cow's Milk (2022-2030) ($MN)
• Table 8 Global Condensed Whey Market Outlook, By Goat's Milk (2022-2030) ($MN)
• Table 9 Global Condensed Whey Market Outlook, By Sheep's Milk (2022-2030) ($MN)
• Table 10 Global Condensed Whey Market Outlook, By Fat Content (2022-2030) ($MN)
• Table 11 Global Condensed Whey Market Outlook, By Full-Fat Condensed Whey (2022-2030) ($MN)
• Table 12 Global Condensed Whey Market Outlook, By Low-Fat Condensed Whey (2022-2030) ($MN)
• Table 13 Global Condensed Whey Market Outlook, By Non-Fat Condensed Whey (2022-2030) ($MN)
• Table 14 Global Condensed Whey Market Outlook, By Functionality (2022-2030) ($MN)
• Table 15 Global Condensed Whey Market Outlook, By Emulsifier (2022-2030) ($MN)
• Table 16 Global Condensed Whey Market Outlook, By Stabilizer (2022-2030) ($MN)
• Table 17 Global Condensed Whey Market Outlook, By Water Binding Agent (2022-2030) ($MN)
• Table 18 Global Condensed Whey Market Outlook, By Gelling Agent (2022-2030) ($MN)
• Table 19 Global Condensed Whey Market Outlook, By Thickener (2022-2030) ($MN)
• Table 20 Global Condensed Whey Market Outlook, By Application (2022-2030) ($MN)
• Table 21 Global Condensed Whey Market Outlook, By Food & Beverage (2022-2030) ($MN)
• Table 22 Global Condensed Whey Market Outlook, By Dairy Products (2022-2030) ($MN)
• Table 23 Global Condensed Whey Market Outlook, By Bakery Products & Confectionery (2022-2030) ($MN)
• Table 24 Global Condensed Whey Market Outlook, By Sauces, Soups, and Dressings (2022-2030) ($MN)
• Table 25 Global Condensed Whey Market Outlook, By Jams and Jellies (2022-2030) ($MN)
• Table 26 Global Condensed Whey Market Outlook, By Meat Products (2022-2030) ($MN)
• Table 27 Global Condensed Whey Market Outlook, By Animal Feed & Nutrition (2022-2030) ($MN)
• Table 28 Global Condensed Whey Market Outlook, By Other Applications (2022-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

According to Stratistics MRC, the Global Condensed Whey Market is accounted for $4.60 billion in 2024 and is expected to reach $8.33 billion by 2030 growing at a CAGR of 10.4% during the forecast period. Condensed whey is a dairy by-product that is produced when liquid whey is evaporated with a large amount of water removed, creating a thicker, and more concentrated product. Because it preserves important nutrients like essential amino acids, high-quality proteins, vitamins, and minerals like calcium and phosphorus, this condensed form of whey is a common ingredient in nutritional supplements, animal feed, and baked goods. In animal feed applications, the high lactose content of condensed whey boosts its energy content, supporting the growth and health of livestock.

According to the Food and Agriculture Organization (FAO), global cheese production, which generates substantial whey by-products, reached approximately 25 million metric tons in 2021.

Market Dynamics:

Driver:

Growing interest in dairy-based goods

Due to shifting lifestyles that prioritize convenience and nutrition as well as increased disposable incomes, the global dairy market is expanding rapidly. Dairy products are becoming more popular among consumers who are concerned about their health because of their high nutritional content, which includes vital vitamins, calcium, and protein. As a byproduct of making cheese, condensed whey is a useful component of many foods, including protein bars, smoothies, and baby formulas. Moreover, food producers who want to satisfy consumer demand for premium dairy products favor it because of its capacity to improve flavor and texture.

Restraint:

Raw material price volatility

Climate change, feed prices, and disruptions in the global supply chain are some of the factors that can cause significant volatility in the prices of dairy raw materials, such as milk and whey. For producers of condensed whey, this volatility may result in higher production costs, making it more difficult to stay profitable. Additionally, price fluctuations may also discourage smaller producers from growing their businesses or entering the market, which could restrict competition and innovation.

Opportunity:

Growth of health-conscious product categories

The movement toward wellness and health is still gaining traction, and customers are looking for more products that fit their dietary objectives. There is a significant chance for producers to develop and promote new lines of health-conscious products that use condensed whey. Furthermore, these products can be marketed as nutrient-dense, low-calorie, or high-protein options, appealing to a range of consumers, including bodybuilders, athletes, and those who are health-conscious. For instance, condensed whey's nutritional advantages can be utilized in meal replacement shakes, protein-enriched snacks, and ready-to-drink beverages.

Threat:

Health trends favoring plant-based substitutes

The market for condensed whey is seriously threatened by the growing trend toward plant-based diets. Many consumers are choosing vegan or dairy-free options as they grow more environmentally conscious and health conscious. Plant-based proteins, like pea, soy, and almond, are becoming more popular because they provide comparable nutritional advantages to dairy products without the lactose or cholesterol. Moreover, condensed whey and other traditional dairy ingredients may become less popular as a result of this change, especially among younger consumers who are more likely to follow alternative diets.

Covid-19 Impact:

The COVID-19 pandemic had a big effect on the condensed whey market. At first, it increased demand for high-protein products as people looked for nutritional supplements to help them stay healthy. As fitness facilities and gyms closed, people began looking for other ways to get protein at home, which boosted the market for whey-based products. But there were also difficulties brought on by the pandemic, such as supply chain interruptions and operational difficulties brought on by lockdowns and social distancing policies that reduced production capabilities. Additionally, the market appeared to be recovering as businesses started to adjust and reorganize their operations after the pandemic.

The Plain Condensed Whey segment is expected to be the largest during the forecast period

The segment with the largest share is expected to be plain condensed whey. Its adaptability and broad range of uses in a variety of sectors, such as dairy, baking, and food production, define this market. The process of pasteurizing and evaporating whey yields plain condensed whey, a nutrient-rich product that keeps vital proteins, vitamins, and minerals. It is a common ingredient in many formulations and finds use in a wide range of food products, including baked goods, soups, sauces, and baby formulas. Furthermore, plain condensed whey is becoming more and more popular in the condensed whey market as a whole due to the rising demand for dairy-based products and the expansion of the bakery and confectionery sectors.

The Goat's Milk segment is expected to have the highest CAGR during the forecast period

In the condensed whey market, the goat's milk segment is anticipated to grow at the highest CAGR. Because of its distinct nutritional profile, which includes higher concentrations of some vitamins and minerals than cow's milk, and its ease of digestion, goat's milk is becoming more and more popular. This makes it a desirable choice for consumers who are lactose intolerant or have dairy sensitivities. Moreover, condensed whey and other products made from goat's milk are also gaining popularity due to the growing trend of health-conscious eating and the growing need for dairy substitutes. In order to satisfy a growing consumer base that favors natural and health-conscious food options, producers are concentrating on creating cutting-edge products that contain goat's milk whey.

Region with largest share:

Due in large part to its established dairy industry and high rates of dairy product consumption, North America has the largest share of the condensed whey market. The area has a strong dairy processing infrastructure that makes it easier to produce and distribute condensed whey products for use in a variety of products, such as baked goods, candies, and dietary supplements. North America's dominance in this industry is further supported by the existence of significant market players and ongoing innovation in product offerings. Additionally, the market for condensed whey has benefited from rising demand for high-protein food products brought on by growing consumer awareness of nutrition and health issues.

Region with highest CAGR:

The Asia-Pacific region is anticipated to show the highest CAGR in the condensed whey market. Numerous factors, such as the fast-growing middle class, growing health consciousness, and the growing demand for dairy products in nations like China, India, and Indonesia, are responsible for this growth. This trend is further supported by the industrialization of dairy production and the region's growing interest in foods high in protein. Furthermore, encouraging government initiatives to improve food processing capacities and dairy industry investments are probably going to open up new markets for condensed whey products.

Key players in the market

Some of the key players in Condensed Whey market include DMK Group, Optimum Nutrition Inc., Agri-Mark Inc., Saputo Inc., Fonterra Co-operative Group Limited, Arla Foods AMBA, Leprino Foods Company Inc., Glanbia plc, Foremost Farms USA Cooperative Inc., Lactalis Group, Associated Milk Producers Inc., Hilmar Cheese Company Inc., Kerry Group plc, Cargill and Schreiber Foods Inc.

Key Developments:

In April 2024, Arla Foods Ingredients has today signed an agreement to acquire the Whey Nutrition division of Volac's business through a purchase of the shares in Volac Whey Nutrition Holdings Limited and its subsidiaries, Volac Whey Nutrition Limited and Volac Renewable Energy Limited. Completion of the transaction is expected later this year subject to required regulatory approvals.

In March 2024, Saputo Inc. announced it has entered into a 15-year virtual power purchase agreement (VPPA) with Capital Power, a North American power producer. The long-term commitment, supported by energy procurement advisor Schneider Electric, marks a key milestone in Saputo's sustainability efforts, as it will allow the Company to make significant strides towards its climate target for 2025 and future environmental goals.

In December 2023, New Zealand dairy group Fonterra, opens new tab said on Thursday food and beverage giant Nestle, opens new tab will make additional payments to its farmers for achieving certain sustainability goals under a new agreement. Depending on the number of Fonterra farmers achieving one of the three levels of the company's sustainability goals during the 2023-24 season, Nestle is expected to pay an additional 1-2 New Zealand cents per kilogram of milk solids (kgMs) under the agreement.

Product Types Covered:

• Plain Condensed Whey
• Sweetened Condensed Whey
• Acid Condensed Whey

Sources Covered:

• Cow's Milk
• Goat's Milk
• Sheep's Milk

Fat Contents Covered:

• Full-Fat Condensed Whey
• Low-Fat Condensed Whey
• Non-Fat Condensed Whey

Functionalities Covered:

• Emulsifier
• Stabilizer
• Water Binding Agent
• Gelling Agent
• Thickener

Applications Covered:

• Food & Beverage
• Animal Feed & Nutrition
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Condensed Whey Market, By Product

• 5.1 Introduction
• 5.2 Plain Condensed Whey
• 5.3 Sweetened Condensed Whey
• 5.4 Acid Condensed Whey

6 Global Condensed Whey Market, By Source

• 6.1 Introduction
• 6.2 Cow's Milk
• 6.3 Goat's Milk
• 6.4 Sheep's Milk

7 Global Condensed Whey Market, By Fat Content

• 7.1 Introduction
• 7.2 Full-Fat Condensed Whey
• 7.3 Low-Fat Condensed Whey
• 7.4 Non-Fat Condensed Whey

8 Global Condensed Whey Market, By Functionality

• 8.1 Introduction
• 8.2 Emulsifier
• 8.3 Stabilizer
• 8.4 Water Binding Agent
• 8.5 Gelling Agent
• 8.6 Thickener

9 Global Condensed Whey Market, By Application

• 9.1 Introduction
• 9.2 Food & Beverage
  • 9.2.1 Dairy Products
  • 9.2.2 Bakery Products & Confectionery
  • 9.2.3 Sauces, Soups, and Dressings
  • 9.2.4 Jams and Jellies
  • 9.2.5 Meat Products
• 9.3 Animal Feed & Nutrition
• 9.4 Other Applications

10 Global Condensed Whey Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 DMK Group
• 12.2 Optimum Nutrition Inc.
• 12.3 Agri-Mark Inc.
• 12.4 Saputo Inc.
• 12.5 Fonterra Co-operative Group Limited
• 12.6 Arla Foods AMBA
• 12.7 Leprino Foods Company Inc.
• 12.8 Glanbia plc
• 12.9 Foremost Farms USA Cooperative Inc.
• 12.10 Lactalis Group
• 12.11 Associated Milk Producers Inc.
• 12.12 Hilmar Cheese Company Inc.
• 12.13 Kerry Group plc
• 12.14 Cargill
• 12.15 Schreiber Foods Inc.