Milk Proteins

Milk Proteins

Global Milk Proteins Market to Reach US$22.6 Billion by 2030

The global market for Milk Proteins estimated at US$15.7 Billion in the year 2023, is expected to reach US$22.6 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2023-2030. Cow Milk Proteins, one of the segments analyzed in the report, is expected to record a 6.1% CAGR and reach US$14.0 Billion by the end of the analysis period. Growth in the Buffalo Milk Proteins segment is estimated at 4.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$4.2 Billion While China is Forecast to Grow at 8.1% CAGR

The Milk Proteins market in the U.S. is estimated at US$4.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.1 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.6% and 5.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Global Milk Proteins Market - Key Trends & Drivers Summarized

What Makes Milk Proteins Indispensable in Today’s Market?
Milk proteins are highly valued for their nutritional benefits, particularly their high-quality protein content, which is crucial for muscle repair, growth, and overall health. They are widely used across various sectors, including sports nutrition, infant formula, functional foods, and dietary supplements. The unique properties of milk proteins, such as casein and whey, allow for versatility in food production, providing not only nutritional enhancements but also functional benefits like texture improvement, emulsification, and foaming capabilities. The growing consumer awareness regarding protein-rich diets and their health benefits has led to increased demand in both developed and emerging markets, fueling innovation in food products and supplements that are enriched with these proteins.

How Are Technological Advances Influencing Milk Protein Production?
Technological advancements in dairy processing have significantly enhanced the efficiency and quality of milk protein production. Techniques such as ultrafiltration, microfiltration, and reverse osmosis have refined the process of isolating milk proteins, resulting in products with higher protein concentrations and purity. These technologies also allow for the creation of specialized milk protein concentrates and isolates designed to meet specific dietary needs and preferences. Moreover, advancements in biotechnology have facilitated the development of milk proteins modified to deliver improved health benefits, such as enhanced digestibility and amino acid profiles, catering to the growing market for functional and medical foods.

What Role Do Market Trends Play in Shaping Milk Protein Demand?
The demand for milk proteins is heavily influenced by global health and wellness trends, particularly the surge in popularity of protein-enriched diets and functional foods. Consumers increasingly seek out products that support active lifestyles and offer health benefits beyond basic nutrition, such as weight management, muscle health, and metabolic health support. The versatility of milk proteins in product formulations enables manufacturers to innovate continually, creating new applications in traditional and novel food sectors. Additionally, the rise in lactose intolerance and dietary restrictions has spurred the development of specialized milk protein products that cater to these needs, expanding the consumer base.

What Drives the Growth in the Milk Proteins Market?
The growth in the milk proteins market is driven by several factors, including the expanding global focus on health and wellness, which has elevated the demand for dietary proteins. Increasing nutritional awareness and a shift towards preventative healthcare lead to greater consumption of protein-rich products. The burgeoning fitness and sports nutrition sectors also significantly contribute to the demand for milk proteins due to their essential role in muscle repair and recovery. Additionally, the growing infant formula market, driven by rising birth rates in developing countries and the demand for premium baby nutrition products, supports the sustained growth of the milk proteins market. As consumer preferences evolve and new health trends emerge, the milk proteins market continues to expand, driven by both the intrinsic nutritional value of these proteins and their broad application range in the food and beverage industry.

Select Competitors (Total 43 Featured) -

• AMCO Proteins
• Arla Foods Amba
• Fonterra Co-Operative Group Ltd.
• FrieslandCampina Domo
• Glanbia PLC
• Havero Hoogwewt
• Kerry Group PLC
• LACTALIS Ingredients
• Sachsenmilch Leppersdorf GmbH
• Saputo Ingredients

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.