Milk Protein Market Overview with Regional Growth, Price, and Forecast 2030
Milk Protein Market Research Future Insights
The Global Milk Protein Market is estimated to be worth USD
18.22 Billion by 2030, registering a 6.9% CAGR during the forecast period
(2022- 2030).
Milk includes 3.3 percent protein in extension to all of the
essential amino acids. Though milk protein is formed naturally in the mammary
gland, a study shows that 60 percent of the proteins required to construct
amino acids can be acquired from cow milk, which contains 82 percent caesin and
around 18 percent serum or whey protein. Moreover, antihypertensive properties,
anti-carcinogenic activities, immune system modulation, and similar metabolic
activities consort with milk protein.
Concentrated milk is rich in protein because these are
insulated and also improved before being added to powdered milk. The milk
proteins are isolated and concentrated (hydrolysates). Several people,
particularly young kids, are encouraged to take more milk- mainly to increase
their daily calcium intake. Calcium is the main component of strong and healthy
bones.
The augmented demand for healthy foods that require milk
concentrates to be produced is encouraging manufacturers of milk protein
concentrate ingredients to invest heavily in research and development. The aim
is to try to develop a new generation of milk protein concentrates that are
tasty and nutrient-rich.
Key Players
The global Milk Protein Market’s prominent key players are
Royal Friesland Campina N.V. (Netherlands), Fonterra Co-Operative Group Limited
(New Zealand), Arla Foods amba (Denmark), AMCO Proteins (US), Saputo Inc.
(Canada), Glanbia plc (Ireland), Kerry Group plc (Ireland), Havero Hoogwegt
Group (Netherlands), Groupe Lactalis (France), Theo Müller Group (Germany).
Market Segmentation
The global milk
protein market overview is segmented into the following types;
By Type
• Milk
protein concentrate
• Milk
protein hydrolytes
• Casein
and cachinnates
• Whey
protein concentrates
• Whey
protein isolates
• Other
milk proteins
By Form
• Dry
powder
• Liquid
By Application
• Dairy
products and frozen desserts
• Infant
formula
• Dietary
supplements
• Bakery
and confectionary
• Beverages
• Sweet and
savoury food
By dairy products and frozen desserts
• Cheese
• Yogurt
• Ice cream
• Others
Regional Analysis
The Global Milk Protein Market is divided into five regions;
North America, Asia Pacific, Europe, Latin America and the Middle East &
Africa.
Asia- Pacific, especially China with a 33.8% share in the
regional market, is the piloting market for milk protein, assisted by constant
innovations targeting distinct end-user segments. Increases in the frequency of
obesity and fitness enthusiasts choosing high-protein foods have set up China
as the market leader. This has two advantages. It makes the food tastier. Thus,
it encourages people to consume these types of foods more frequently. It
similarly makes the foods healthier. This is crucial since a large percentage
of children under age five are malnourished, specifically in India.
Europe holds the second-largest milk
protein market size, routed by Turkey, which has been attracting foreign
investments in line with acclimatization achieved by Turkish and EU Food Laws.
Other market segments endure holding enormous development potential,
encouraging multinational businesses to spend heavily in the milk protein
market in Africa, South America, and the Middle East.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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