Milk Protein Concentrate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global milk protein concentrate market has been on a robust growth trajectory during the historical period. In 2024, the market is valued at US$ 1.7 billion. A recent report by Fairfield Market Research suggests that the market is poised for further expansion, reaching a substantial market size of US$ 2.4 billion by the end of 2031.
Key Market Trends
1. High Protein and Low Lactose Products Driving Growth
Consumers' increasing demand for innovative and nutritious food products has propelled the global milk protein concentrate market. Milk protein concentrates (MPCs) are being incorporated into various food products such as desserts and protein bars to enhance their nutritional and functional attributes. MPCs are extensively used in protein-fortified foods, pediatric and geriatric nutrition, medical nutrition, weight management products, sports nutrition products, and dietary supplements. Additionally, the rising preference for high-protein and low-lactose beverages is boosting the adoption of milk protein concentrate.
2. Enhanced Replacement of Casein and Milk Powders
Traditionally, caseins, caseinates, and milk powders were used in various food products to improve flavor and stability. However, concerns about contamination with lead and cadmium have prompted the shift towards milk protein concentrates as safer replacements. These concentrates are widely used in products such as processed cheese, frozen yogurts, ready-to-drink beverages, and powdered beverages, thereby driving market growth.
3. Increasing Demand for Healthy Alternatives in Infant Nutrition
The global infant food formulation market is experiencing growth due to health-related concerns and changing consumer preferences for healthy options. As a result, key players in the infant formula sector are exploring ways to develop products with minimal mineral content. Milk protein concentrate is increasingly being utilized in infant formulations, offering a nutritious alternative to synthetic ingredients.
4. Heightened Global Focus on Nutrition
The nutritional industry, including infant nutrition, sports nutrition, and medical & clinical nutrition markets, is a key driver of the global milk protein concentrate market. Its versatility and wide range of applications make it a valuable ingredient in infant formulations, dairy products, confectioneries, and bakery products. The demand for sports-related nutritional products has also contributed significantly to the increased usage of milk protein concentrate.
Country-Wise Insights
Why the U.S. is a Prominent Hub for Milk Protein Concentrate Sales
The United States is expected to dominate the North American milk protein concentrate market, accounting for approximately 82.1% of the region's market share in 2023. This dominance is driven by rising health consciousness among consumers and the growing demand for sports and protein-rich supplements. Whey protein, a common source of protein in sports nutrition products, is widely utilized in meal replacements, pre-workout drinks, and weight-gain products in the U.S.
Competitive Landscape
Leading milk protein concentrate producers such as Glanbia Plc and Kerry Group are focusing on expanding their product offerings with enhanced nutritional content. The market is fairly consolidated, with these global giants holding significant shares. Emerging vendors like Fonterra Co-operative Group Limited and Idaho Milk Products are also introducing attractive products to expand their customer base.
Key Companies Profiled
• ENKA SÜT A.S
• Fonterra Co-operative Group Limited
• Arla Food Ingredients Group
• Glanbia Plc
• Kerry Group
• Tatura Milk Industries Ltd
• Erie Foods International
• Molvest Group
• Nutrinnovate Australia
• Idaho Milk Products, Inc.
• Darigold Ingredients
• Westland Milk Products
• Grassland Dairy
• Paras Dairy
• Others
Milk Protein Concentrate Industry Research Segmentation
By Nature:
• Organic
• Conventional
By Form:
• Liquid
• Powder
By End Use:
• Infant Formula and Baby Foods
• Dietary Supplements
• Dairy Products
• Sports Nutrition
• Bakery & Confectionery
• Others
By Composition:
• MPC 40%
• MPC 70%
• MPC 85%
• Others
By Region:
• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa
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