Casein and Caseinates Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Casein and Caseinates Market Analysis
The casein and caseinates market is projected to register a CAGR of 5.2% during the forecast period.
Casein and caseinates are witnessing huge demand from food and beverage and other industrial applications, including plastic, fiber, paint, paper, glue, and textile. Cow's milk contains about 3.3% protein, 80% comprising large casein aggregates. Acid casein, whose precipitation is mainly generated through the use of hydrochloric acid, is employed by the chemical industry to produce colors, glues, glossy papers, and sealants.
In the food and beverage industry, caseinates are gaining popularity in the bakery and confectionery segment due to their immense functional benefits. Caseinate ingredients are used in baked goods, such as cheesecakes, puddings, frostings, and whipped toppings. Besides, the increasing applications of casein in the cosmetics and personal care industry, especially as hair and skin conditioning and emulsifying agents, are providing new opportunities for manufacturers to increase their market shares. Casein and caseinates have been widely used in dietary supplements. Thus, the demand for dietary supplements is also anticipated to drive the market studied. According to the Council for Responsible Nutrition (CRN), a record-breaking 80% of American adults aged 18 and above used dietary supplements in 2021. The market for nutritional supplements has experienced significant expansion, particularly for vitamins and protein supplements.
Caseinates are used because of their numerous functional properties and their nutritional and dietary qualities. The main reasons for this trend are an increase in the number of health and fitness centers and an increase in consumer health consciousness. Over the forecast period, the demand for casein and caseinates is expected to rise. The increasing range of applications of casein in the cosmetics and personal care industry, particularly as emulsifying agents and hair and skin conditioners, are providing new opportunities for casein manufacturers to increase their market share.
Casein and Caseinates Market Trends
Increasing Application of Casein and Caseinates in Protein-rich Food Products
The increasing demand for protein-rich food and the easy availability of casein protein are driving the casein and caseinates market worldwide, mainly due to the increasing number of health and fitness centers and rising health consciousness among consumers. Functional advancements, including muscle repair, energy boosting, and weight loss, rising usage of protein-based meal replacements, and surging consumer demand for greater ingredient traceability and authenticity are likely to augment the demand for casein and caseinates over the forecast period. According to the Office for National Statistics (UK), protein concentrate sales exceeded GBP 463 million in 2021.
Caseins are widely used in dietary supplement products, which are in high demand among professional athletes, mainly due to their high protein and low-fat content. Hydrolyzed casein and caseinate products are driven by their increasing application in the market's sports nutrition and clinical nutrition segments due to their ease of absorption compared to other whey protein ingredients available. This trend is mainly due to the presence of di- and tripeptides that enhance the absorption of protein by the human body.
North America to Lead the Overall Market
In North America, the increasing prices of raw materials are influencing the prices of casein and caseinates. In the developed economies of North America, the acceptance of casein protein for sports nutrition is driving the market's growth. The availability of affordable, high-quality, edible casein and the demand for acid casein for industrial applications are supporting the market's growth in developing economies.
The prominence of nutritional enrichment in food and beverage products is growing in the market, in line with the rising awareness for maintaining a healthy lifestyle, thus strongly impacting the casein and caseinates market across the region. The multifunctionality of dairy ingredients like casein and caseinates in different end-user industries, like bakery, confectionery, nutritional beverage, meat, and dairy, is escalating their demand in the market. Hence, players have been launching new products to take advantage of the new opportunities in the market across the region. For instance, in 2020, Arla Foods Ingredients launched its first organic ingredient, MicelPure, in Mexico and other parts of the world. This ingredient is a micellar casein isolate, which is low in lactose and fat. The ingredient is heat-stable and has a neutral taste, making it suitable for different end-user industries.
Casein and Caseinates Industry Overview
The casein and caseinates market is highly competitive and fragmented in nature, owing to the presence of many regional and domestic players. The top players in the market include Royal FrieslandCampina NV, Fonterra Co-operative Group Limited, Groupe Lactalis, Arla Foods amba, and Kerry Group PLC. The players typically focus on product innovations, expansions, and other activities to boost their brand presence among consumers. For example, in 2022, Arla Foods declared the launch of a new production plant for dairy production in Germany. The company can invest a huge amount in producing dairy ingredients through this expansion. It will be able to produce 90,000 tons of high-quality milk powder. Such strategies help the players operating in the casein and caseinates market to achieve economies of scale and strengthen their position in the market.
Casein and Caseinates Market Leaders
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Fonterra Co-operative Group Limited
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Groupe Lactalis
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Arla Foods amba
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Kerry Group PLC
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Royal FrieslandCampina N.V.
*Disclaimer: Major Players sorted in no particular order
Casein and Caseinates Market News
- May 2022: Fonterra launched a new online dairy platform that makes it easier for customers to choose dairy ingredients ranging from milk powder to specialty dairy proteins.
- January 2022: To sell the milk powders and cream made by Royal A-ware, Hoogwegt and Royal A-ware formed a long-term, strategic partnership. The alliance is intended to boost the businesses' core operations.
- March 2021: FrieslandCampina announced the launch of a new portfolio created to assist owners and formulators of sports nutrition brands in enhancing and expanding their protein bar formulas. The newly launched solutions included four product concepts and six dairy-derived ingredients. The company's new bar solutions contain the following ingredients: BiotisTM GOS, Excellion EM 9, Nutri WheyTM 800F, Excellion Calcium Caseinate S, and Nutri WheyTM Isolate.
Casein and Caseinates Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables and Market Definition
1.2 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Casein Type
5.1.1 Rennet Casein
5.1.2 Acid Casein
5.2 Caseinate Type
5.2.1 Calcium
5.2.2 Potassium
5.2.3 Sodium
5.2.4 Other Caseinate Types
5.3 Application
5.3.1 Food and Beverage
5.3.2 Dietary Supplements
5.3.3 Pharmaceuticals
5.3.4 Other Applications
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 Spain
5.4.2.2 United Kingdom
5.4.2.3 Germany
5.4.2.4 France
5.4.2.5 Italy
5.4.2.6 Russia
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle East and Africa
5.4.5.1 South Africa
5.4.5.2 Saudi Arabia
5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Hoogwegt International BV
6.3.2 Dairygold Co-Operative Society Ltd
6.3.3 AMCO Proteins
6.3.4 Arla Foods amba
6.3.5 Erie Group International Inc.
6.3.6 Tatua Co-operative Dairy Company Ltd
6.3.7 Royal FrieslandCampina NV
6.3.8 Fonterra Co-operative Group Limited
6.3.9 Groupe Lactalis
6.3.10 Kerry Group PLC
6.3.11 Glanbia PLC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Casein and Caseinates Industry Segmentation
Casein can be defined as the protein found in milk, giving it its white color. Caseinates are the salts derived from casein by coagulating the milk protein.
The casein and caseinates market is segmented by casein type, caseinate type, application, and geography. Based on casein type, the market is segmented into rennet and acid casein. By caseinate type, the market is segmented into calcium, potassium, sodium, and other caseinate types. Casein and caseinates find their application in food and beverage, dietary supplements, pharmaceuticals, and other applications. The study analyzes the casein and caseinates market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Casein Type | |
| Rennet Casein | |
| Acid Casein |
| Caseinate Type | |
| Calcium | |
| Potassium | |
| Sodium | |
| Other Caseinate Types |
| Application | |
| Food and Beverage | |
| Dietary Supplements | |
| Pharmaceuticals | |
| Other Applications |
| Geography | |||||||||
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Casein and Caseinates Market Research FAQs
What is the current Casein and Caseinates Market size?
The Casein and Caseinates Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in Casein and Caseinates Market?
Fonterra Co-operative Group Limited, Groupe Lactalis, Arla Foods amba, Kerry Group PLC and Royal FrieslandCampina N.V. are the major companies operating in the Casein and Caseinates Market.
Which is the fastest growing region in Casein and Caseinates Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Casein and Caseinates Market?
In 2024, the North America accounts for the largest market share in Casein and Caseinates Market.
What years does this Casein and Caseinates Market cover?
The report covers the Casein and Caseinates Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Casein and Caseinates Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Casein Industry Report
Statistics for the 2024 Casein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Casein analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
