by on June 19, 2023
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The market for Milk Protein Concentrate is expected to grow steadily, reaching an estimated value of $3,039.8 million by 2031 and registering a stable CAGR of 4.7% from 2021 to 2031. The market is developing as a result of an increase in customers who are health-conscious, a reviving economy with increased household disposable income, a rising population, and growing worries about eating well in the wake of the COVID-19 pandemic.

Demand for healthy and protein-rich food products is rising as people become more concerned with their health and wellbeing. A flexible product that provides a concentrated source of high-quality proteins is milk protein concentrate. It has several uses in the food and beverage sector, including in dairy products, confectionery, bread goods, and dietary supplements. The market is expanding as consumers become more aware of the advantages of milk protein concentrate.

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Furthermore, the market's expansion is supported by a reviving economy and an increase in household disposable income. Consumers have more purchasing power as economies recover from the effects of the COVID-19 epidemic, allowing them to choose healthier foods. The growing customer inclination for healthier and more upscale food options is in line with milk protein concentrate's nutritional value and variety of application possibilities. The demand for milk protein concentrate as a sustainable and protein-rich food ingredient is also fueled by the growing global population.

The growing number of customers who are concerned about eating nutritious foods, recovering economies, rising population levels, and other factors are expected to drive stable growth in the global milk protein concentrate market. Businesses working in this industry can take advantage of the expanding demand for milk protein concentrate to achieve significant growth, with an estimated valuation of $3,000 million by 2031.

Highlighted with 82 tables and 92 figures, this 169-page report “Global Milk Protein Concentrate Market 2021-2031 by Ingredient Type, Preparation Method (Co-precipitation, Ultra-filtration), Application (Dairy Products, Cheese Products, Nutritional Products, Infant Formula, Bakery and Confectionary, Others), Concentration (Low, Medium, High), Nature (Conventional, Organic), Form (Powder, Liquid), Distribution Channel, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global milk protein concentrate market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global milk protein concentrate market in every aspect of the classification from perspectives of Ingredient Type, Preparation Method, Application, Concentration, Nature, Form, Distribution Channel, and Region.

View Report Scope and Latest Developments in the Market: MW Link https://www.marketwatch.com/press-release/milk-protein-concentrate-market-likely-to-experience-substantial-growth-by-2032-2023-06-04?mod=search_headline

Based on Ingredient Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Total Milk Proteins
  • Co-Precipitates
  • Milk Protein Isolates
  • Blends
  • Other Ingredient Types

Based on Preparation Method, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Co-precipitation
  • Ultra-filtration

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Dairy Products
  • Cheese Products
  • Nutritional Products
  • Infant Formula
  • Bakery and Confectionary
  • Other Applications

By Concentration, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Low (59% or below)
  • Medium (60-70%)
  • High (71% or above)

By Nature, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Conventional Products
  • Organic Products

By Form, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Powder
  • Liquid

By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Hypermarket and Supermarket
  • Convenience Store
  • Special Store
  • Online Sales
  • Other Distribution Channels

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Egypt, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Application, Concentration, and Nature over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

  • Arla Foods AMBA
  • Cabot Creamery Cooperative
  • Dana Dairy Group
  • Erie Foods International Inc.
  • Fitsa Group
  • Fonterra Co-operative Group Limited
  • Glanbia Plc
  • Kerry Group Plc
  • Lactalis Corporation
  • Royal FrieslandCampina N.V.
  • Saputo Inc.
  • Schreiber Foods Inc.

View Complete TOC and Figures & Graphs of Milk Protein Concentrate Industry Report https://marketdatalibrary.com/free-customization/4034

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