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.
Dairy protein, sourced from milk and its derivatives such as whey and casein, plays a crucial role in nutrition. Its remarkable amino acid composition and ease of digestion make it highly desirable across various sectors including food and beverage, healthcare, and cosmetics. Rich in essential nutrients, dairy proteins offer diverse functionalities like emulsification, solubility, and texture enhancement, making them a preferred ingredient in numerous products like cheese, yogurt, infant formulas, and protein shakes. Additionally, they serve medical purposes, aiding in muscle recovery and strengthening immune responses. With growing focus on health and nutrition, dairy protein experiences increasing demand across industries, solidifying its status as a fundamental ingredient in contemporary applications.
Dairy Protein Market Trends and Drivers:
The burgeoning global dairy protein market is propelled by the surging health consciousness among consumers. Furthermore, the increasing demand for high-protein, low-fat food options has expedited the integration of dairy proteins into dietary regimens and commercial products. Concurrently, advancements in extraction and processing techniques have enhanced the quality and yield of dairy proteins, rendering them more accessible and cost-effective for manufacturers. Moreover, the transition towards environmentally sustainable production methods in alignment with eco-friendly agricultural practices is bolstering market expansion. Additionally, the emergence of specialized dairy proteins tailored for specific health benefits, such as easily digestible hydrolyzed proteins or immunity-boosting bioactive peptides, is revolutionizing the industry landscape, thereby stimulating market growth.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/dairy-protein-market/requestsample
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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