The China milk protein market size is expected to grow from USD 127.79 million in 2024 to USD 164.74 million by 2029, at a CAGR of 5.21% during the forecast period (2024-2029).
The China milk protein market is fragmented, with various national and international players participating in the market share. The major players in this market are Arla Foods amba, Fonterra Co-operative Group Limited, Groupe Lactalis, Kerry Group PLC, and Morinaga Milk Industry Co. Ltd. Several small and international players are involved in the manufacturing and distribution of milk protein ingredients in the country. Furthermore, companies engage in capacity expansions, strategic partnerships, product portfolio expansions, and mergers & acquisitions to gain a competitive edge. They are keen on investing in research and developmental activities to innovate with milk protein ingredients and emerge as a top player in the market.
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