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Milk Protein Market Analysis

  • Report ID: GMI6468
  • Published Date: Aug 2023
  • Report Format: PDF

Milk Protein Market Analysis

The milk protein market from casein type segment dominated around USD 4.1 billion revenue in 2022. Casein protein's slow digestion rate provides a sustained release of amino acids, making it suitable for prolonged muscle support and overnight recovery. Casein's gelling and thickening properties make it valuable in applications such as dairy-based desserts, protein bars, and gels.
 

Global Milk Protein Market Revenue Share, By Form, (2022)

The powdered segment accounted for 60% of the milk protein market share in 2022. Powdered milk proteins have a longer shelf life compared to liquid forms, making them suitable for storage and distribution. Powdered forms are easy to transport, store, and incorporate into various products, including beverages, baked goods, and snacks.
 

The milk protein market from dairy products segment is anticipated to grow at 3.9% CAGR through 2032. Milk proteins enhance the creaminess, thickness, and protein content of yogurt, appealing to health-conscious consumers.
 

U.S. Milk Protein Market Size, 2021- 2032 (USD Billion)

U.S. milk protein market size held over USD 2.6 billion in 2022. Consumers in North America are increasingly focusing on health and wellness, driving the demand for protein-rich products like milk proteins. Milk proteins are sought after for their role in muscle recovery, weight management, and overall nutrition.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of milk protein was recorded USD 11.9 billion in 2023 and is set to reach USD 19.2 billion by 2032, due to the rising demand for protein-rich sports nutrition products, including protein powders and shakes worldwide.

The casein type segment reached USD 4.1 billion in 2022, impelled by higher usage in products such as, dairy-based desserts, protein bars, and gels.

U.S. market size crossed USD 2.6 billion in revenue in 2022, due to the rising focus on health and wellness in the region.

Some of the influential milk protein companies are Saputo, Inc., Glanbia, Plc., Kerry Group, Plc., Arla Foods, Fonterra Co-Operative Group Limited, ROYAL FRIESLANDCAMPINA N.V., Nestlé, Idaho Milk, Cargill, and Axiom Products.

Milk Protein Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 150
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