The North America milk protein market was valued at USD 220.7 million for the current year and is projected to register a CAGR of 4.34% over the next five years.
The North America milk protein market is highly fragmented, with companies including Fonterra Co-operative Group Limited, FrieslandCampina Ingredients, Glanbia PLC, Groupe Lactalis, and Milk Specialties Global occupying the major share in the market. The leading players focus on increasing their product offerings, thus producing a more comprehensive range of milk proteins. Additionally, these companies are increasing their investments in research and development (R&D) to develop products that are in line with customer needs. Moreover, companies are also focused on mergers & acquisitions and strategic partnerships to expand their geographical presence and strengthen their market position across international markets.
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