Dairy Protein Market - Growth, Trends, and Forecast (2019- 2024)

Global Dairy Protein Market is segmented by Ingredients (Milk Protein Concentrates (MPCs), Whey Protein Concentrates , (WPCs), Whey Protein Isolates (WPIs), Milk Protein Isolates (MPIs), Casein and Caseinates, Others), Application (Sports Nutrition, Infant formulations, Functional Food & Dietary supplement, Food Industry, Pharmaceutical, Animal Feed/Pet Food, ), and Geography.

Market Snapshot

market summ
Study Period:

2016-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

Europe

CAGR (2019-2024):

5.69%

Key Players:

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Market Overview

Global Dairy Protein Market is expected to grow at a CAGR of 5.69% during the forecast period (2019-2024).

  • Dairy proteins, such as milk protein, casein, and whey protein are the sources of proteins offering various nutritional and functional benefits on health.
  • The dairy protein consumption has subsequently increased with milk being the richest and the most popular source of protein. The taste of dairy protein is richer than the newly-growing vegetarian proteins, which is the main driving factor for the dairy protein market demand.
  • The increased health awareness and demand for sports nutrition are the major factors driving the global market.

 

Scope of the Report

Global dairy protein market has been segmented based on the ingredients, applications, and regions. The ingredients market consists of whey protein concentrates and isolates, milk protein concentrates and isolates, casein and caseinates, as the major products. Based on the application of dairy proteins, the various sectors are food & beverage, infant formulations, personal care, and animal feed to name a few. Also, the study provides an analysis of the dairy protein market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Ingredients
Milk Protein Concentrates (MPCs)
Whey Protein Concentrates (WPCs)
Whey Protein Isolates (WPIs)
Milk Protein Isolates (MPIs)
Casein and Caseinates
Others
By Application
Sports Nutrition
Infant formulations
Functional Food & Dietary supplement
Food Industry
Pharmaceutical
Animal Feed/Pet Food
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
Rest of MEA

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Key Market Trends

Growing Awareness Towards Healthy Food

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 satiety, weight management, and muscle health. The major factors that are driving the dairy protein industry are awareness of health and well being. With lifestyle diseases and obesity incidences on the rise, manufacturers of dairy proteins are motivated to innovate and deliver products meeting the discerning needs of health-conscious consumers. In recent times, people have gained clearer understanding of the link between nutrition and health, and are looking for food & beverage products that can support their health goals. At the same time, globally, the dramatically rising senior population is looking to combat healthcare costs and age-related muscle loss.

Picture1

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Europe holds the Major Share in Dairy Protein Market,

Europe holds the largest market share in the global dairy protein market, standing out as the primary market for the sector. Following Europe, North America holds the second largest market share. Asia-Pacific is the fastest growing market, owing to its large population and the spiking demand for sports nutrition & functional beverages in the region. The developing countries of South America and Asia present the most attractive markets, owing to the larger younger population of these regions consuming whey protein, extensively as dietary supplements and for body building. Africa is projected to record a lower CAGR of XX%, owing to the lack of awareness and improper regulatory guidelines.

trend 2

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Competitive Landscape

Some of the major players in the global dairy protein market are Dairiconcepts, Darigolds, Devondale Murray Goulburn Co-Operative, Erie Foods Inc., Fonterra, Grassland, Glanbia, Idaho Milk, Laïta Group, Milk Specialties Inc., Sole Mizo, Tatura Milk Ind, Theo Müller, United Dairymen of Arizona, Westland Milk Products, among others.

Major Players

  1. Dairiconcepts
  2. Darigolds
  3. Devondale Murray Goulburn Co-Operative
  4. Erie Foods Inc.
  5. Fonterra

* Complete list of players covered available in the table of contents below

market concentration

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Ingredients

      1. 5.1.1 Milk Protein Concentrates (MPCs)

      2. 5.1.2 Whey Protein Concentrates (WPCs)

      3. 5.1.3 Whey Protein Isolates (WPIs)

      4. 5.1.4 Milk Protein Isolates (MPIs)

      5. 5.1.5 Casein and Caseinates

      6. 5.1.6 Others

    2. 5.2 By Application

      1. 5.2.1 Sports Nutrition

      2. 5.2.2 Infant formulations

      3. 5.2.3 Functional Food & Dietary supplement

      4. 5.2.4 Food Industry

      5. 5.2.5 Pharmaceutical

      6. 5.2.6 Animal Feed/Pet Food

      7. 5.2.7 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 UAE

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of MEA

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Darigolds

      2. 6.4.2 Devondale Murray Goulburn Co-Operative

      3. 6.4.3 Laita Group

      4. 6.4.4 Erie Foods Inc.

      5. 6.4.5 Fonterra

      6. 6.4.6 Grassland

      7. 6.4.7 Glanbia

      8. 6.4.8 Idaho Milk

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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