Milk Protein Market By Form (Concentrates, Hydrolyzed, Isolates), By End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements), By Form (Dry, Liquid), Global Analysis to 2023

Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Food and Beverage | Format: Report available in PDF / Excel Format

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Milk Protein Market By Form (Concentrates, Hydrolyzed, Isolates), By End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements), By Form (Dry, Liquid), Global Analysis to 2023

Milk Protein Market Size And Forecast

According to the new report titled " Milk Protein Market By Form (Concentrates, Hydrolyzed, Isolates), By End User (Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements), By Form (Dry, Liquid), Global Analysis to 2023",

The valuation of the Milk Protein market was $1.25 Billion in 2023 and is projected to reach $1.99 Billion by 2032, at a CAGR of 5.29% from 2021 to 2032.

Hey there! You know that delicious milk you love sipping? Well, it's not just a tasty treat; it's also packed with something called "milk protein." This protein is like a superhero in the food world, doing all sorts of cool things to keep you healthy. As of last year, the milk protein market was worth about $1.25 billion dollars. And guess what? It's still growing like crazy. Experts say it's going to keep getting bigger and better over the next few years, by about 5.29% each year. Why is milk protein so popular? Because people are starting to realize how amazing it is for our bodies. It's super nutritious, helping us build strong muscles, manage our weight, and feel good overall. And when it comes to milk protein, whey protein is the star of the show. You'll find it in everything from protein shakes to sports drinks to meal replacement bars. So next time you grab a glass of milk, give a little cheer to its hidden heromilk protein!

People are getting more into fitness, sports, and staying healthy as they age, which has made these products in high demand. Also, the world's population is growing, especially in developing countries, and more people are moving to cities. This means that people need affordable and easy-to-get sources of protein. As more people earn money and start eating more protein, the demand for milk protein is expected to rise, especially in countries with a growing middle class. Scientists and companies are also coming up with new ways to make and use milk protein, which is giving food companies more options. New products and better processing methods are making milk protein more useful, increasing demand in both traditional and new markets.

Concentrates held the largest share in the Milk Protein market

By Form (Concentrates, Hydrolyzed, Isolates) where Concentrates plays a crucial role in the Milk Protein market. Milk protein concentrates (MPCs) are valued for their high nutritional quality, providing essential amino acids and serving as a rich source of protein. They are used to enhance the protein content of food products, making them appealing to consumers seeking nutritious options. Protein concentrates derived from milk can be more cost-effective compared to other protein sources, especially when considering their high protein content and functional benefits.

This makes them attractive for food manufacturers looking to optimize production costs without compromising on nutritional quality. MPCs are also used in infant formula and baby food products to provide essential nutrients for growth and development. Their high protein content and digestibility make them suitable for meeting the nutritional needs of infants and young children. The global market for protein ingredients, including milk protein concentrates, continues to expand due to increasing consumer awareness of the health benefits of protein consumption, rising disposable incomes, and changing dietary patterns worldwide.

North America headed the Milk Protein market in 2023

North American consumers are increasingly conscious of their dietary habits and are seeking nutritious and functional foods. Milk protein, known for its high-quality amino acid profile and beneficial effects on muscle health, satiety, and weight management, is in high demand among health-conscious consumers. The sports nutrition and fitness industry in North America is experiencing significant growth, driven by an increasing focus on physical fitness, performance enhancement, and muscle recovery. Milk protein concentrates and isolates are widely used in protein supplements, bars, shakes, and other sports nutrition products to meet the protein needs of athletes and fitness enthusiasts.

The demand for functional foods and beverages fortified with protein is growing in North America. Milk protein concentrates are used to enrich products like meal replacement shakes, energy bars, breakfast cereals, and smoothies, catering to consumers seeking convenient and nutritious options. There's a growing preference for clean label products among North American consumers, which has led to increased demand for natural and minimally processed ingredients. Milk protein concentrates, being naturally sourced from milk, align well with clean label trends, making them popular choices for food and beverage manufacturers.

Key market players operating in the market that are profiled in the report are Cargill, Inc., Saputo, Inc., Glanbia, Plc., Kerry Group, Plc., Arla Foods, Fonterra Co-Operative Group Limited, ROYAL FRIESLANDCAMPINA N.V., Nestlé, Idaho Milk Products, Others etc.

Report Scope

REPORT ATTRIBUTES DETAILS
STUDY PERIOD

2020-2030
BASE YEAR

2023
FORECAST PERIOD

2024-2030
HISTORICAL PERIOD

2020-2022
UNIT

Value (USD Billion)
KEY COMPANIES PROFILED

Agrial Enterprise, Fonterra Co-operative Group Limited, Glanbia PLC, Kerry Group PLC, Royal FrieslandCampina NV, Groupe Lactalis, Morinaga Milk Industry Co. Ltd., Olam International Limited, Archer Daniels Midland Company, Cargill Incorporated, DuPont Nutrition & Health.
SEGMENTS COVERED

By Type, By Applications, By Source And By Geography.
CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Key Players

The major players in the Milk Protein Market are

  • Agrial Enterprise
  • Fonterra Co-operative Group Limited
  • Glanbia PLC
  • Kerry Group PLC
  • Royal FrieslandCampina NV
  • Groupe Lactalis
  • Morinaga Milk Industry Co. Ltd.
  • Olam International Limited
  • Archer Daniels Midland Company
  • Cargill Incorporated
  • DuPont Nutrition & Health

Global Milk Protein Market Segmentation Analysis

The Global Milk Protein Market is segmented based on Type, Applications, Source And Geography.

Milk Protein Market, By Type

  • Casein This segment includes products derived from casein, such as caseinates and casein hydrolysates.
  • Whey Protein This segment encompasses products derived from whey, including whey protein concentrates, isolates, and hydrolysates.

Milk Protein Market, By Application

  • Dietary Supplements Milk proteins are widely used in dietary supplements due to their high nutritional value and muscle-building properties.
  • Food & Beverages Milk proteins are utilized in a variety of food and beverage products, including protein bars, shakes, dairy products, baked goods, and infant formula.
  • Sports Nutrition With their high protein content, milk proteins are popular in sports nutrition products aimed at muscle recovery and performance enhancement.
  • Personal Care & Cosmetics Milk proteins are also used in personal care products and cosmetics for their moisturizing and nourishing properties.

Milk Protein Market, By Source

  • Cow Milk The majority of milk protein products are derived from cow’s milk, which is abundant and widely available.
  • Other Sources This segment includes milk proteins sourced from non-bovine animals such as goats, sheep, and buffalo.

Milk Protein Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • EuropeAnalysis of the Milk Protein Market in European countries.
  • Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and AfricaExamining market dynamics in the Middle East and African regions.
  • Latin AmericaCovering market trends and developments in countries across Latin America.

Reasons to Purchase this Report

Unveiling the Market's Secrets We'll dive deep into the market, considering factors that influence both your wallet and your lifestyle. Each segment and sub-segment will be analyzed, revealing their worth in billions of dollars. Spotting the Stars of the Future Get ready to know which regions and segments are set to shine brightest in the market. We'll pinpoint the areas poised for the fastest growth and dominance. A Global Perspective We'll explore the consumption patterns and market influences across different regions, helping you understand how the market operates around the world. Who's Who in the Industry Meet the key players making waves in the market. We'll rank them, showcase their latest innovations, and reveal their strategic moves in the past five years. In-Depth Company Profiles Get to know the top market players inside and out. We'll provide overviews, insights, product comparisons, and SWOT analyses to help you make informed decisions. A Glimpse into the Future Explore the market's trajectory, considering recent developments and the opportunities and challenges that lie ahead. We'll paint a picture of the industry's future for both established and emerging markets. Unraveling the Market's Forces Delve into the competitive landscape using Porter's Five Forces analysis. Gain clarity on the factors shaping the market's dynamics. A Value-Driven Approach Understand the market's value chain to identify opportunities and weaknesses. Growth Projections and Post-Sales Support We'll provide a roadmap for the market's growth in the coming years, helping you stay ahead of the curve. And for the next six months, our analysts will be on hand to answer your questions and assist your business.

Table of Content

1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology

2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights

3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter's Five Forces Analysis

4. Milk Protein Market, By Type
• Casein
• Whey Protein

5. Milk Protein Market, By Application
• Dietary Supplements
• Food & Beverages
• Sports Nutrition
• Personal Care & Cosmetics

6. Milk Protein Market, By Source
• Cow Milk
• Other Sources

7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE

8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market

9. Competitive Landscape
· Key Players
· Market Share Analysis

10. Company Profiles
• Agrial Enterprise
• Fonterra Co-operative Group Limited
• Glanbia PLC
• Kerry Group PLC
• Royal FrieslandCampina NV
• Groupe Lactalis
• Morinaga Milk Industry Co. Ltd.
• Olam International Limited
• Archer Daniels Midland Company
• Cargill Incorporated
• DuPont Nutrition & Health

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Agrial Enterprise
• Fonterra Co-operative Group Limited
• Glanbia PLC
• Kerry Group PLC
• Royal FrieslandCampina NV
• Groupe Lactalis
• Morinaga Milk Industry Co. Ltd.
• Olam International Limited
• Archer Daniels Midland Company
• Cargill Incorporated
• DuPont Nutrition & Health

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