The global milk protein market is estimated to witness steady growth during the forecast period and shows no signs of slowing down. Milk protein is consumed as a functional food that is usually factory-made by extensive dehydration process and by minimizing the lactose content of the milk. It also plays a vital role as a key ingredient for producing cheese, yogurt, and other confectionery products.
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Altering lifestyle has raised focus on
healthy consumption patterns, which is driving the demand for milk protein
market at an incremental rate. Organic protein is extensively used as a
potential health supplement due to its swelling satiety in preventing obesity
and treating diabetes. Due to its high nutrient content, milk protein is
becoming a popular choice among athletes as a sports food. Milk protein market
is anticipated to peruse enormous industrial growth owing to its organoleptic
properties, low lactose content, and an excelling nutritional profile.
Milk protein formula has found its
applications across various sectors of dietetic & sports foods, meal
replacement, dairy products, clinical nutrition, nutritional beverages, and
infant food.
PepsiCo has acquired CytoSport to
develop MusCle Milk, a ready-to-drink beverage, energy bars, and protein
powders. This has helped them strengthen their presence in this dynamic
business. The Middle East & Africa have demonstrated greater demand for
milk protein market over the past few years. This has represented enormous
opportunities for industry players to enhance their product capabilities and to
meet the region’s growing health consciousness. At Gulfood 2019, NZMP will be
using their technical expertise to broaden their range of specialized sports
nutrition. They have successfully
maintained a record for deploying dairy consumables with great tastes and
performance at an accessible price point.
Some of the key participants operating in
the milk protein market consist of Westland Milk Products, Theo Muller, Sole
Mizo, Milk Specialties Inc., United Dairymen of Arizona, Tatura Milk Ltd., Lata
Group, Grassland, Fonterra, Idaho Milk, Glanbia, Darigolds, Erie Foods Inc,
Devondale Murray Goulburn Co-operative, and Dairiconcepts among others. The
rising preference for nutritious food among the densely populated countries of
India and China is driving the market in the Asia Pacific region.
Geographically,
this report is segmented into several key Regions, with production,
consumption, revenue (million USD), market share and growth rate of Milk
Protein in these regions, from 2012 to 2023 (forecast), covering
·
North America (United
States, Canada and Mexico)
·
Europe (Germany,
France, UK, Russia and Italy)
·
Asia-Pacific (China,
Japan, Korea, India and Southeast Asia)
·
South America (Brazil,
Argentina, Columbia)
·
Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global
Milk Protein market competition by top manufacturers, with production, price,
revenue (value) and market share for each manufacturer; the top players
including
·
Lactalis Ingredients
·
Fonterra Co-Operative
Group
·
Frieslandcampina
·
Arla Foods
·
Saputo Ingredients
·
Glanbia PLC
·
Kerry Group
·
Havero Hoogwewt
·
Sachsenmilch
Leppersdorf GmbH
·
Amco Protein
On
the basis of product, this report displays the production, revenue, price,
market share and growth rate of each type, primarily split into
·
Cow Milk Protein
·
Buffalo Milk Protein
·
Goat Milk Protein
On
the basis on the end users/applications, this report focuses on the status and
outlook for major applications/end users, consumption (sales), market share and
growth rate of Milk Protein for each application, including
·
Infant Formula
·
Sports Nutrition
·
Dairy Products
·
Others
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