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Milk Protein Market is Estimated to grow at a CAGR of 5.6 % During the Forecast Period of 2022-2032
The global milk protein market is forecast to grow at a CAGR of 5.6% through 2032 and surpass $19.7 billion in value. Casein, the most common milk protein, can be of several types such as: B. αs2, αs1, 6 and ß, with different genetic variations, amino acid compositions and functional properties. The micelle, a complex where caseins are suspended in milk.Casein micelles are inherently stable but have dynamic structures that can be refrigerated or boiled or dried and restructured into various formats without adverse effects. ßcasein can move in and out of the micelle along with calcium phosphate as long as there are temperature changes without affecting the nutritional properties of proteins and minerals in the solution.
Since caseins are heat treatment stable ingredients, HTST (High Temperature Short Time) pasteurization cannot affect the nutritional and functional properties of casein proteins. Therefore, even the application of high temperatures to a casein-containing product can result in few interactions between the whey proteins and the casein present in the solution, which may or may not alter the functional effects of the product, but the nutritional properties remain unaffected. the same.
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For example, ß-lactoglobulin forms a special layer on the casein micelle to prevent curd formation at high temperatures.All of the above properties lead to a high demand for casein as a milk protein from the food, beverage, infant formula and dietary supplement industries.
Key Findings of Market Study
- The milk protein market will have a retail value of US$11.4 billion in 2022.
- The milk protein market is expected to grow at a CAGR of 6% through 2032.
- Global demand for milk protein is forecast to grow 5% yoy in 2022.• The milk protein market is growing with a remarkable push toward $19.7 billion in production by 2032.
- Increasing demand for new feed additives, advances in feed technology and improvement in the quality of milk protein are the drivers of growth of the market and be the influential factors among consumers which are driving the sales of Milk Protein in the global markets.
- Demand for milk protein increased by 8 GR between 2017 and 2021.
- Cargill, Inc., Saputo, Inc., Glanbia Plc., Kerry Group Plc. and Arla Foods are expected to be the major players in the industry.
- The powdered milk protein isolate segment is in high demand from the infant formula industry, which has a significant market share.
“Due to the increasing consumption of protein-rich products by health-conscious consumers due to growing concerns about poor metabolic health conditions in the populations of developing and developed countries such as the USA and China, the demand for milk proteins as part of dietary supplements to provide the body with nutritious and protein-rich foods is growing every day elements from the milk,” says an analyst from Future Market Insights.
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Competitive Landscape
Major dairy protein brands are looking for new strategic partnerships to develop applications in the food and beverage industry along with infant formula and dietary supplements, while major private label brands are focused on developing nutrient-dense and nutrient-dense food solutions for customers with diverse products. Innovations
- On 15 September 2021 Arla Foods Ingredients launched a new product called Lacprodan Premium MFGM10 which is a MFGM ingredient (milk fat globule membrane) in a dry mix version to offer more flexibility for different end recipes just out made from this base powder. The product is also marketed under the infant formula category to reduce production costs and energy consumption without compromising product quality and safety.
Discover More Valuable Insights
Future Market Insights offers an unbiased analysis of the global milk protein market in its new report, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.
The study provides insights based on product type (concentrates, hydrolysates, isolates and others), form (powder, liquid, paste/spread and others) and application (food and beverage, nutraceutical and dietary supplement, pharmaceutical, cosmetic and personal care, infant formula , pet care). industry and others), in seven major regions of the world.
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