Increasing Demand For Dairy Whiteners Market To Fuel Revenue Growth Through 2022 - 2031 : Fact.MR

• Product Type

  • Flavoured Dairy Whitener
  • Unflavoured Dairy Whitener

• Packaging

  • Dairy Whitener in Carton Packs
  • Dairy Whitener in Sachets
  • Dairy Whitener in Plastic Jars
  • Dairy Whitener in Jigger Pots
  • Dairy Whitener in Stick Packaging

• Sales Channel

  • Dairy Whitener Sales via Modern Grocery
  • Dairy Whitener Sales via Traditional Retail Grocery
  • Dairy Whitener Sales via Non-Grocery Retail
  • Dairy Whitener Sales via Other Channels

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Competitive Landscape

Prominent manufacturers of dairy whiteners are aiming at broad basing their outreach across promising geographies, deploying such expansion strategies as introducing new products, forging strategic collaborations with existing players, and acquiring small-scale manufacturers. Some significant market developments are given below:

• In June 2018, Arla Foods announced a plan to invest over € 500 million, focusing its investments in four key areas: dairy products, healthy and natural foods, whey and sustainable food production. As of that year, over 66% of its spending focused on increasing its presence across Europe
• In October 2021, Fonterra Co-operative announced that its outreach in the U.K for dairy products will augment further, as the country has agreed to removing tariffs on all dairy products over the next 5 years, with a view to offset barriers encountered during the COVID-19 pandemic

4 Forecast Highlights on Global Dairy Whitener Market

• The modern grocery retail segment by sales channel is expected to show a significant growth rate to register a CAGR of 3.1% during the forecast period. Traditional grocery retail is poised to show steady rate of growth along with the non-grocery retail segment, yet is a shade better than the non-grocery retail segment
• Europe is the most attractive region and it is expected from this region to retain its dominance during the period of 2017 to 2022. APEJ is showing tremendous potential and a significant growth rate to register a CAGR of 3.9% and could come close to Europe in terms of market share by revenue during the year 2022
• Jigger pots and stick packaging segment by packaging type shows higher growth rate and is poised to register a CAGR of 4.3% during the period of forecast 2017-2022. The sachet segment by packaging type, as of 2017, is supposed to dominate in terms of market share but grows at a steady rate. Jigger pots and stick packaging segment has the lowest share by revenue but this figure could change in the future and by 2022, it could increase owing to higher growth rate
• Un-flavored dairy creamer segment is a huge segment by product type and is better in all aspect as compared to flavored dairy creamer segment. The un-flavored dairy creamer segment is poised to reflect a steady growth rate, same as the flavored dairy creamer segment, during the period of forecast but shows a higher market share of almost 64%

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