Milk Protein Market 1

Milk Protein Market is projected to grow by USD 5,039.9 Million from
2018 to 2025
Milk Protein Market Research Report - Global
Forecast till 2025
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Milk Protein Market is projected to grow by USD 5,039.9 Million from
2018 to 2025
Milk Protein Market Insights
Market Research future estimated that the global Milk Protein Market would witness
exponential growth during the forecast period, 2016-2022. The milk proteins demand
owing to high occurrence of lactose intolerance is likely to aid the market growth.
Moreover, the enhanced shelf-life and eradication of sandiness in these products is
expected to augur the Milk Protein Market growth. Introduction of new flavors to
lure consumers has been a customer-centric strategy that majorly accounts for the
rise in demand for milk protein products.
Consumers are highly engaged in functional foods and wellbeing activities,
progressively demanding products that are natural, organic, green, and free from
additives. Changing development and industry patterns, improvement in value chain
and expansion of dairy companies into new markets are some of the drivers of the
global milk protein market. Vertical Integration and consolidation led by big farmers
are making the global market more competitive.
Consumption of protein has been sluggish in the developed market, while on the
other hand, the trend appears to be reversed in emerging ones; developing markets
are rapidly growing. Factors such as rapid urbanization and rising income levels also
play a crucial role in increasing the statistics for the global milk protein market.
Major Players
The major players contributing with their superior and protein-rich food include
Fonterra Co-operative Group Limited, Kerry Group, Arla Foods, Ganbia plc, AMCO
Proteins, Hevero Hoogwegt, Groupe Lactalis, and FrieslandCampina.
Recent Updates
In September 2019, Idaho Dairy Farm has revealed $30 million worth expansion
since its establishment. The company has increased its processing capacity from 3.3
million pounds to 4.4 million pounds. Idaho majorly deals in three dairy products:
milk protein concentrate, cream, and milk permeate. Its milk protein concentrates
which is in powder form is largely sed protein shakes and bars. The company projects
a long-term success in the coming future.
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Milk Protein Market is projected to grow by USD 5,039.9 Million from
2018 to 2025
Market Segmentations
The global Milk Protein Market is segmented based on form, source, nutritional
profile, and distribution channel.
Based on the form, the global Milk Protein Market is divided into liquid, bars, and
powder.
The global Milk Protein Market is bifurcated into buffalo, cow, goat, and others; based
on sources.
The distribution channel segment of the global milk protein is classified as
supermarkets, retailers, e-commerce, convenience stores, and hypermarket. Due to
model shift in distribution channels in terms restructuring, the retail industry is
evolving swiftly. The high focus of market players towards value discounting and
channel fragmentation strategies are driving the growth for omnichannel retailers,
which indirectly drives the growth of the global milk protein market.
Regional Insights
Europe is predicted to lead the global Milk Protein Market over the forecast period.
The foreseen growth is attributed to growing functional food consumption and
veganism. Government making it obligatory to print descriptions of proteins with
certification acquired by food safety organizations might help to boost the demand
for milk protein. Regions such as the U.K., France, and the Middle East are witnessing
flourishing growth in their trade, driving the growth of global market.
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On the other hand, the APAC region is likely to witness high growth owing to high
production of such products by China, India, and New Zealand. Sustainability
initiatives by various beverage manufacturers can lead to the adoption of milk protein
to produce eco-friendly packaging. The high demand for full-fat milk by consumers
can propel the growth of the global market. Asia is the largest consumer with
growing GDP per capita which makes it a potential market for the leading giants.
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Copyright © 2017 Market Research Future.

Milk Protein Market is projected to grow by USD 5,039.9 Million from
2018 to 2025
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Copyright © 2017 Market Research Future.