NEW YORK CITY, New York, November 1, 2016 /PRNewswire/ -- Global Sales Of Dairy Nutritional And Nutraceutical Ingredients Was Valued At Us$ 12.2 Bn In 2015 And Revenue Expected To Register A Cagr Of 8.1% Between 2016 And 2024, Owing To Increasing Demand For Dairy Protein Ingredients Persistence Market Research delivers in-depth research on the global dairy nutritional and nutraceutical ingredients market in its latest report titled "Global Market Study on Dairy Nutritional and Nutraceutical Ingredients: Infant Formula & Clinical Nutrition Segment Estimated to Account for a Significantly High Value Share by 2016 End ". According to the report, long-term outlook on the dairy nutritional and nutraceutical ingredients market remains positive, with the market expected to increase at a CAGR of 8.1% in terms of value and 7.1% in terms of volume during the forecast period. Factors such as potential health benefits of dairy nutritional and nutraceutical ingredients, high demand for milk-based ingredients in skin and hair care cosmetics, significant demand for immunoglobulins from the functional food and infant formula & clinical nutrition industry, high demand for colostrum in sports food & beverages, and new technological developments in protein ingredients are expected to drive revenue growth of the global dairy nutritional and nutraceutical ingredients market. View and Download Report Table of Contents, Figures, and Tables:http://www.persistencemarketresearch.com/market-research/dairy-nutritional-and-nutraceutical-ingredients-market/toc The global dairy nutritional and nutraceutical ingredients market is segmented on the basis of ingredients type, application, and region. By ingredients type, the global dairy nutritional and nutraceutical ingredients market is segmented into dairy protein, prebiotics, vitamin & minerals, colostrum, and nucleotides. By application, the market is categorized into functional food, infant formula & clinical nutrition, dairy products, bakery & confectionaries, and personal care. Key regions covered in the report are North America, Latin America, Europe, APAC, and Middle East & Africa. On the basis of application, the infant formula & clinical nutrition and dairy products segments are projected to exhibit CAGRs of 9.1% and 8.6%, respectively, in terms of market value during the forecast period. This is attributed to increasing demand for infant formula & clinical nutrition and use of dairy products in industries such as cosmetics, food & beverages, and many others.