15 January 2024 News Future Market Insights (FMI) estimates that the dairy ingredients market could reach a valuation of USD 66 billion in 2023 and grow to USD 118 billion by 2033 - a compound annual growth rate of around 6-8% (at a CAGR of 8.4% from 2017 to 2022). The growth of this market will be driven by both the growing consumption of functional products and interest in dairy components from all industries. On the portal-catalog MilkLife.ru, the editorial staff shares with readers current events, industry trends, analytical data, and useful materials in the field of dairy technology. In the article dedicated to trends in the dairy ingredients market, you will learn about current analytical data on the volume of dairy ingredients production, as well as forecasts for the expansion of the deep milk processing niche in 2033 and much more.