The dairy free is a leading category in the global marketplace, followed by others, that include products devoid from artificial colors, artificial flavor, preservatives, starch, MSG – mono sodium glutamate, and caffeine. The dairy-free products market is driven by the growing trend of veganism, popularity of plant- based ingredients, increase prevalence of lactose intolerance, and value-addition, in terms of micronutrients for such specialized dairy-free products. Consumers are increasingly choosing dairy-free products, due to the shift in perception, making them believe that the dairy free is better for them. The non-dairy beverages are gaining immense popularity among millennial and the Generation-Z consumers, who are increasingly opting for almonds, peas, oats, and hemp-based drink substitutes. The trend has prompted dairy companies to move into the space of dairy-free products. For instance, in 2017, Danone acquired WhiteWave, a leading company in dairy alternatives. The gluten-free food products market is driven majorly by free-from consumers, who are choosing to cut certain ingredients from their diet for health, diet, or lifestyle reasons. The innovation and portfolio expansion in the gluten-free space is retaining its growth.

Clean label is not only the natural and organic product category, but the food in which ingredients are very few are also considered as clean label. Consumers with increased disposable income are moving toward a vegan lifestyle that mainly includes clean label products; therefore, manufacturers are also adopting new trends in the manufacturing of food and beverages. The food industry has been focusing on innovations in food and beverages according to the demand from the consumers. Manufacturers are focusing on key innovations that cater to the requirements of their target consumers. Rise in awareness toward health and wellness has resulted in increased demand for various types of special clean label ingredients made using organic products. Thus, clean label ingredients are gaining increased traction among food & beverage manufacturers.

The market for compound feed is growing due to the increasing demand for dairy products, growing inclination toward animal-based food, and increase in feed demand around the world. Compound feed maintains the health of animals and, thus, helps increase the quality of end products, such as eggs, milk, meat, and fish. Cattles are one of the major consumers of compound feed, with a prominent share, due to high demand for beef around the world, followed by the poultry segment. Poultry and ruminants are expected to grow at a higher rate, due to the changing dynamics of industrialization in the meat industry. An increase in demand for fish protein is expected to lead the fish feed to grow at the fastest rate, during the forecast period. Europe dominates the market with a major share. The recent ban of antibiotics and increasing per capita meat consumption in potential regions of Europe are the main factors driving the market growth in Europe. Most of the farmers in Spain are focusing on boosting the immunity of livestock, which, in turn, may boost the compound feed market.

The industry for specialty food ingredients essentially thrives on the wider technological and functional benefits that these ingredients confer, in terms of high quality, safety, affordability, nutrition, and deliciousness of the processed food products. Processed food products include various categories, such as ready meals, baked foods, breakfast cereals, confectionery, and non-alcoholic beverages. Specialty food ingredients are a vital part of a wide range of processed foods, thereby, contributing to competitiveness in the food and beverage industry. The demand for convenient foods has recorded robust growth, owing to changing lifestyles and dietary preferences. Specialty ingredients, such as preservatives, emulsifiers, stabilizers, enzyme preparations, and others, enhance the nutritional profile of the packaged food and extend their shelf-life, thereby, pushing for higher demands of these specialty food ingredients.

巴氏奶增长强劲，量价均有贡献，疫情期间消费再教育，前景看好。巴氏奶是以巴氏消毒法进行灭菌处理的液体奶，该种灭菌方法能够最大限度地保留鲜奶中的营养成分和活性物质。根据欧睿数据，2019 年巴氏奶规模343 亿元，同比增11.6%，仍处成长期。2014-2018 年量CAGR 5.7%，价CAGR 2.8%，量价齐升；分品类，低脂、50%脂肪、全脂鲜奶规模2014-2018 年CAGR 为9.6%、9.7%、8.6%，满足健康需求的低脂以及50%脂肪鲜奶增速更快。