The Canada casein and caseinate protein market size is expected to grow from USD 45.05 million in 2024 to USD 51.20 million by 2029, at a CAGR of 3.25% during the forecast period (2024-2029).
The Canada casein and caseinate market is fragmented, with the top five companies occupying market share. The major players in this market are Arla Foods Amba, Fonterra Co-operative Group Limited, Glanbia PLC, Farbest-Tallman Foods Corporation, and FrieslandCampina Ingredients, among others. Key players are investing in R&D and entering into mergers and acquisitions to enhance their product portfolios. Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy among all, as it helps in understanding the changing needs of the consumers in the market. Furthermore, they are adopting competitive strategies by investing more in developing new-generation technologies to produce milk proteins.
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