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Milk Protein Market categorizes the Global Market by Type (MPC, MPI, MPH, Casein & Caseinates, WPC, WPI), Livestock (Cow, Buffalo, Goat), Form (Dry, Liquid), Application (Sports Nutrition, Infant Formula, Dairy Products) and Region.
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MarketsandMarkets Presents Milk Protein Market Expected to Reach 13.38 Billion USD by 2022
The report "Milk Protein Market by Type (MPC, MPI, MPH, Casein & Caseinates, WPC, WPI), Livestock (Cow, Buffalo, Goat), Form (Dry, Liquid), Application (Sports Nutrition, Infant Formula, Dairy Products), and Region - Global Forecast to 2022", The global milk protein market is projected to reach USD 13.38 Billion by 2022 in terms of value, at a CAGR of 6.5% from 2017. • Browse • 77 market data tables • 53 figures • 162 pages and in-depth TOC on “Milk Protein Market • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=81179582
The milk protein market is projected to grow at a CAGR of 6.5%, in terms of value, from 2017 to reach a projected value of USD 13.38 Billion by 2022. The multifunctional nature of milk protein, ease of incorporation in a wide range of applications, increase in demand for high protein food, and increase in consumption of premium products are the factors driving the milk protein market. Increase in awareness with regard to the importance of high nutritional food and its rising applications among the global population, fuels the demand for milk protein. The global market has been segmented by type into casein & caseinates, milk protein concentrates, milk protein isolates, milk protein hydrolysates, whey protein concentrates, whey protein isolates, and others. The whey protein concentrates segment has emerged as the most widely used milk protein owing to their multifunctional properties and their vast applications in bakery products, confectionery products, infant formula, clinical nutrition, dairy products, and sports nutrition. Europe is estimated to be the largest share in terms of value, in the global milk protein market, in 2017. Positive knowledge of segments create a platform for innovative applications of milk protein, and tapping the emerging markets in China, India, Australia, and New Zealand leads to growth opportunities in Asia-Pacific. The global market has been segmented on the basis of application into infant formula, sports nutrition, dairy products, and others. Milk protein is gaining importance in the infant formula segment with an increase in importance toward infant nutrition and growth in concerns regarding lactose intolerance among infants, which drive the demand for low-lactose, high protein infant nutrition.
Objectives of the study are as follows: • To define, segment, and measure the milk protein market based on type, application, livestock, form, and region • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) • To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and contribution to the total market • To analyze opportunities in the market for stakeholders and details of the competitive landscape for market leaders • To project the size of the market, in terms value (USD million), in the four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW) • To project the market size, in terms value (USD million) and volume (KT) on the basis of key milk protein, by type • To analyze opportunities in the milk protein market for stakeholders and study the details of a competitive landscape, to be provided to the key market leaders • To strategically profile the key players and comprehensively analyze their market shares and core competencies2 • To track and analyze the competitive developments such as new product launches, acquisitions, expansions and investments, agreements, and joint ventures in the milk protein market
Scope of theReport • Based on Type, the market has been segmented as follows: • Milk protein concentrates • Milk protein isolates • Milk protein hydrolysates • Whey protein concentrates • Whey protein isolates • Casein & caseinates • Others (include whey protein hydrolysates, milk and whey peptides, dairy protein fractions, colostrums, and alpha lactalbumin) • Based on Livestock, the market has been segmented as follows: • Cow • Buffalo • Goat • Based on Application, the market has been segmented as follows: • Infant formula • Sports nutrition • Dairy products • Others (include dry mixes, functional food, confectionary products)
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