Dairy Derivatives Procurement Intelligence expected to grow at a CAGR of 4.5% from 2023 to 2030
Dairy Derivatives Procurement Intelligence The dairy derivatives category is expected to grow at a CAGR of 4.5% from 2023 to 2030. The global need for dairy products is increasing due to a number of reasons, including the growing population and a better understanding of the health benefits of dairy products. There is a growing market for lactose-free and gluten-free items as the number of people who have these intolerances rises. the rising use of dairy derivatives in pharmaceutical applications due to their wide range of applications in goods like infant formula and dietary supplements. The category is being driven by the rising demand for these products and the shift in customer nutritional choices, as they are looking for more readily available and healthier food and beverage options. Dairy derivatives are used in cheese, yogurt, ice cream, and infant formula, among other foods and beverages. The growing demand for these products is driving the sector. ...