PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1364704
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1364704
Dairy Based Dressings Market size was valued at USD 890.1 Million in 2022, expanding at a CAGR of 4.4% from 2023 to 2030.
Dairy-based dressings are salad dressings and sauces that use dairy products as the major ingredient. Because of the dairy, these dressings are frequently creamy, rich, and have a particular flavor profile. Dairy products are typically significant elements in dressings, dips, and sauces on the market, allowing consumers to enhance main and side dishes or create the heart of a snack. Formulators can meet the demands of more educated consumers who want to recreate the flavors and updated versions of comfort foods seen in restaurants.
Increasing health consciousness among consumers and easy availability of different types of dairy-based dressings are the factors expected to propel Dairy-Based Dressings Market Growth.
Eating foods derived from natural components that are free of artificial chemicals and additives is either a preference or a requirement for many customers. Consumers care about what they eat and definitely want to know what's in their dressing. Consumers' increased interest in salads and salad dressings is most likely due to their increased emphasis on healthy eating. Health-conscious consumers are 20% more likely to check food labels than the average consumer. 36% of health-conscious consumers consider the environment when making food choices, according to Health & Fitness Statistics. Also, the popularity of almond milk, soy milk, rice milk, and other plant-based dairy alternatives continues to rise, and they're forecast to represent 40% of the combined total of dairy and dairy alternative beverages. A major contributing factor to the increased market share is the 36% of consumers who believe these non-dairy alternatives offer greater health benefits, according to the custom ingredient group. Furthermore, Customizing flavors to appeal to local or regional tastes can be a huge opportunity for market expansion. Moreover, the growing number of people who avoid dairy products due to dietary restrictions or lactose intolerance might restrict the market's growth.
The Global Dairy-Based Dressings Market is segmented on the basis of Product Type, Storage Type, and Region.
The market is divided into Four categories based on product type: Creamy salad dressings, Vinaigrette Salad Dressing, Greek Yogurt Salad Dressing, and Organic Salad Dressings and vinaigrettes. The organic Salad Dressings and vinaigrettes segment is expected to drive the growth of the market Vinaigrettes and lighter dressings are becoming more popular as health consciousness grows. People see them as healthier alternatives to creamier, higher-calorie dressings.
The market is divided into two categories based on storage Type: Refrigerated Dressings and Shelf Stable Dressings. Shelf Stable Dressings dominate the market growth. To maintain a long shelf life, shelf-stable dressings frequently include acidification (with ingredients such as vinegar or citrus juices), preservatives, and pasteurization.
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the growth of the market, due to increasing consumer demand for flavorful and convenient salad dressing. North American customers have a significant preference for a variety of salad dressings to enhance the flavor and appeal of their salads. The market is driven by the need for broad and delicious options. Total U.S. multioutlet sales of refrigerated pourable salad dressing were up 3% to reach USD425.8 million in sales for the 52 weeks ending June 16, 2019, according to Information Resources, Inc. Furthermore, Europe is expected to drive the market growth in the upcoming year, due to increasing consumer preference among Dairy-Based Dressings.
Food biotechnology innovations reflect the growing demand for healthy foods and the shift in traditional dietary patterns to plant-based diets, supporting the development of functional products and bringing up new opportunities for business interests. Furthermore, the global market for functional food is expanding, but modern consumer preferences have also been a driving force in developing food products that improve health and reduce disease risk. Many businesses are expanding their product lines to meet a wide range of dietary needs and preferences. This includes low-fat, low-sodium, and lactose-free versions of typical dairy dressings. Companies are always innovating to be competitive, creating new flavors and even combining culinary traditions. For Example, Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, announced that it has entered into a stock purchase agreement to acquire all of the outstanding shares of TIC Gums Incorporated, a privately held, U.S.-based company that provides advanced texture systems to the food and beverage industry.
On 25 Jan. 2021, Tate & Lyle, a leading global provider of food and beverage solutions and ingredients, is pleased to announce the expansion of its line of tapioca-based starches.
The expansion includes the launch of new REZISTA MAX thickening starches and BRIOGEL gelling starches. These innovative tapioca starches will help food manufacturers deliver superior products thanks to their improved process tolerance, mouthfeel, fluidity, and texture.
The scope of this report covers the market by its major segments, which include as follows: