As per our analysis report, Middle East and Africa Fermented Dairy Ingredients Market is expected to reach USD 505.13 million by 2029 from USD 381.04 million in 2024, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period.
Fermented dairy ingredients are milk products that are produced by fermenting milk with beneficial bacteria. Fermented milk products, also known as cultured dairy foods are dairy foods that have been fermented with lactic acid bacteria. The fermentation process extends the shelf life of the product, also enhancing its taste and digestibility. These products like cheese are one of the essential ingredients of many food products like bakery foods, fast foods, etc. A range of different Lactobacilli strains has been grown in laboratories allowing for a wide range of cultured milk products with different tastes. Primary factors accounted for driving the market are increasing use of cheese and processed cheese in many types of food products, increasing use of drinkable yogurt in products like probiotic and prebiotic drinks and flavored yogurts, and increasing demand for flavored milk. However, factors like strict regulation and storage problems are hindering the growth of the market.
Based on geographical analysis, the market is divided into regions of the Middle East and Africa. The Middle East holds the major share in the market due to the presence of a large dairy industry as well as a large population base of fermented dairy product consumers. Cheese products hold a major share in the market due to their applications as a chief ingredient in many food products like bakery products, and fast foods, also as an ingredient in many Italian dishes, breakfast foods, etc. Flavored milk products are expected to grow the fastest due to increasing consumer preference for value-added milk products like organic milk and smoothies as well as for enhancing taste.
Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, Chr. Hansen Holding A/S, Cargill Incorporated, Bioprox, Novozymes, Kerry Inc, Archer Daniels Midland Company, Ingredion Incorporated, Arla Foods Ingredients Group P/S are some of the notable companies in the Middle East and Africa Fermented Dairy Ingredients market.
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