The global dairy nutritional and nutraceutical ingredients market is poised for growth.
According to “Dairy Nutritional and Nutraceutical Ingredients Market Analysis,” a July 2020 publication from Coherent Market Insights, Seattle, the global dairy nutritional and nutraceutical ingredients market was valued at approximately $30.9 billion in 2019. North America dominated the global dairy nutritional and nutraceutical ingredients market that year, with 33.2% of market share in terms of value, followed by Europe and Asia Pacific, respectively. On the basis of ingredients, the dairy protein segment dominated the market in 2019, with 81.4% of market share in terms of value, followed by colostrum and the vitamin and minerals segments, respectively.