Global Dairy Protein Market segmentation by Product (Milk protein, Whey powder, Milk powder, Caseinate, lactose, and creamer), By Application (Food & Beverage, Infant Formulations, Beauty and Personal Care and Others), By Geography – Forecast (2018 - 2025)
The Global Dairy Protein Market was worth $XX billion in 2017 and is forecasted to reach $XX billion by 2025, growing at a CAGR of XX% during the forecast period (2017-2025).
Dairy protein is a complete protein.It is made up of amino acids. There are 20 amino acids which act as building blocks in the body. Proteins help to replace and create new body tissues including bone, muscle, and skin.
Dairy proteins are now being used in a variety of novel and tasty applications to help consumers achieve the benefits of higher-protein diets, such as weight management, and muscle health. The major factors that are driving the dairy protein industry in globally are awareness of health and well-being.
In terms of innovation, research has been at the forefront of this positive trend in the dairy ingredient sector. For example, as nutrition research was highlighting how dairy proteins helped with satiety and muscle synthesis, processing research was creating higher protein versions of milk powders that were more suitable for these new opportunities. Whey protein concentrate, whey protein isolate, individual whey proteins like lactoferrin, permeate, milk protein concentrate and milk protein isolate are just a few examples of the successful specialty dairy ingredients that grew the market growth.
However, Presence of alternatives such as Plant-based Proteins and increasing instances of lactose intolerance and milk allergies are some of the growth barriers for Dairy Protein Market.
Also, the side effects of whey protein consumption are insignificant and can take effect if consumed immoderately. Thus, the U.S. FDA has regulated usage of whey protein to 2g/day, which turns out to be a restraint for the market. Side-effects of overconsumption of whey protein include nausea, diarrhea, thirst, bloating, tiredness, cramps, headache and loss of appetite.
Geographically, the global dairy protein market has been segmented into Asia-Pacific, North America, Europe, South America, and RoW. Among all the regions, North America is the largest market for dairy protein in terms of productions. The reason for the continuous growth of the dairy market in North America is due to rising dairy herd numbers, which stood at 9.3 million dairy cows at the beginning of 2017 and increasing dairy products productivity.
The Canadian milk and dairy products are recognized for their variety and high-quality. Enforcement of strict quality standards on dairy farms and in processing plants enhances this international reputation, coupled with a strong commitment to sound animal welfare practices and environmental sustainability.
The Global Dairy Protein Market is fragmented with a large number of local and international players. However, Nestlé Health ScienceArla Foods are the leading suppliers of the dairy market in the world. These three Companies combine holds around 20% of the total market. For instance, In Sweden, Arla Foods invested USD 6.2 million to add a whey processing capacity at Falkenberg, Sweden, dairy that can concentrate the whey from the site’s cottage cheese production.
Global Dairy Protein Market Segmentation
- Milk Protein
- Whey Protein
- Milk Powder
- Food & Beverage
- Infant Formulations
- Beauty and Personal care
Table of Content
- Nestlé Health Science
- Arla Foods
- Friesland Campina DMV
- Fonterra Co-operative Group
- Proliant Inc.
- Hilmar Ingredients
- LACTALIS Ingredients
- APS Biogroup (American Dairy Products Institute)
- Armor Proteins