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Milk Protein Market Share

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

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Milk Protein Market Share

Some of the major companies operating in the milk protein market are

Saputo, Inc.
Glanbia Plc.
Kerry Group, Plc.
Arla Foods
Fonterra Co-Operative Group Limited
ROYAL FRIESLANDCAMPINA N.V.
Nestlé
Idaho Milk
Cargill
Axiom Products

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

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.