The latest report by IMARC Group, titled “Dairy Protein Market Report by Type (Casein and Derivatives, Whey Protein, Milk Protein Concentrate), Form (Solid, Liquid), Application (Food and Beverages, Nutrition, Personal Care and Cosmetics, Feed, and Others), and Region 2024-2032“, The global dairy protein market size reached US$ 14.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
Protein from dairy sources, including milk and its derivatives like whey and casein, is a crucial component of a healthy diet. Its impressive amino acid makeup and ease of digestion have made it a prized ingredient across various industries, spanning food and drink, health and wellness, and beauty products. Rich in essential nutrients, dairy proteins boast a range of valuable properties, such as the ability to emulsify, enhance solubility, and improve texture, making them a go-to component in a wide array of products, including cheese, yogurt, baby food, and protein supplements. Additionally, they have practical applications in medical contexts, aiding in muscle repair and immune system support. As consumers increasingly prioritize health and nutrition, demand for dairy protein has skyrocketed across multiple sectors, cementing its status as a vital element in contemporary products.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/dairy-protein-market/requestsample
Dairy Protein Market Trends and Drivers:
The surge in consumer interest in healthy living is a key factor propelling the global dairy protein market forward. The increasing popularity of high-protein, low-fat foods has led to a rise in the use of dairy proteins in both personal diets and commercial food products. Advances in extraction and processing technologies have significantly enhanced the quality and production efficiency of dairy proteins, making them more affordable and accessible to manufacturers. The growing focus on eco-friendly production methods that align with sustainable farming practices is also contributing to the market's expansion. Moreover, the development of specialized dairy proteins tailored to provide specific health benefits, such as improved digestibility or enhanced immune function, is opening up new opportunities for the industry and driving further market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Casein and Derivatives
- Whey Protein
- Milk Protein Concentrate
Breakup by Form:
- Solid
- Liquid
Breakup by Application:
- Food and Beverages
- Nutrition
- Personal Care and Cosmetics
- Feed
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Ace International LLP
- AMCO Proteins
- Arla Foods amba
- Fonterra Co-operative Group Limited
- Glanbia PLC
- Grassland Dairy Products Inc.
- Groupe Lactalis
- Idaho Milk Products
- Kerry Group plc
- Royal FrieslandCampina N.V.
- Saputo Inc., Schreiber Foods Inc.
- United Dairymen of Arizona and Westland Milk Products (Yili Group)
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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