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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.
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MarketsandMarkets™ Presents Milk Protein Market - Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/milk-protein-market-81179582.html
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 and 53 figures spread through 162 pages and in-depth TOC on “Milk Protein Market - Global Forecast to 2022” Milk protein is a widely accepted ingredient in food & beverage applications, owing to its functional properties. The multifunctionality of milk protein increases its adoption in end-use applications. Also, the growing demand of high protein, nutritious products and increase in demand for premium products has expanded the application areas of milk protein in the food & beverage industries. Milk protein is increasingly used by food processors to make their food products more nutritious and clean labeled, enabling them to endure the rigors of harsh processing. 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. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=81179582
The years considered for the study are as follows: • Historical year: 2015 • Base year: 2016 • Estimated year: 2017 • Projected year: 2022 • Forecast period: 2017–2022 • 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 • Request for New Version: https://www.marketsandmarkets.com/RequestNewVersion.asp?id=81179582
Market Ecosystem • The various contributors involved in the value chain of milk protein include raw material suppliers, manufacturers, wholesalers/distributors, retailers, and end users. Major manufacturing companies develop their in-house R&D centers for research and innovation activities to support their manufacturing units and to successfully introduce new products in the market. • The market is dominated by key players such as Lactalis Ingredients (France), Fonterra Co-operative Group (New Zealand), FrieslandCampina (Netherlands), Arla Foods (Denmark), and Saputo Ingredients (Canada). Other market players include Glanbia PLC (Ireland), Kerry Group plc (Ireland), HaveroHoogwewt Group (Netherlands), SachsenmilchLeppersdorf GmbH (Germany), and AMCO Protein (U.S.). • Target Audience: • Milk protein importers and exporters • Dairy manufacturers and processors • Secondary sources, which include the following: • The Food and Agriculture Organization (FAO) and the International Dairy Food Association(IDFA) • The European Food Safety Authority (EFSA) and the Food and Drug Administration (FDA) • Food safety agencies • End applications, which include the following: • Bakery products, confectionery products, and convenience foods • Dairy products • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=81179582
Scope of the Report: • 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 • 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) • Based on Region, the market has been segmented as follows: • North America • Europe • Asia-Pacific • RoW • Available Customizations
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