About Dairy Protein
Dairy Protein market is expected to grow in the future due to rising health consciousness among the population and high demand for protein in regular food. Also, growth in the cosmetics industry is generating lucrative opportunities for the players to innovate new products with the use of dairy protein. Youth inclination towards the gym and bodybuilding is boosting the demand for dairy protein in the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.95% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dairy Protein market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Lactalis Ingredients (France), Fonterra Co-operative Group Limited (New Zealand), Royal FrieslandCampina N.V. (The Netherlands), Arla Foods amba (Denmark), Saputo Inc. (United States), Kerry Group plc (Ireland), Hoogwegt (The Netherlands), Sachsenmilch Leppersdorf GmbH (Germany), Amco Proteins (United States) and Page & Pedersen International, Ltd. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Tatura Milk Industries Limited (Australia), Westland Milk Products (New Zealand) and United Dairymen of Arizona (United States).
Segmentation Overview
AMA Research has segmented the market of Global Dairy Protein market by , Application (Food and Beverage, Infant Formula, Personal Care and Cosmetics and Animal Feed) and Region.
On the basis of geography, the market of Dairy Protein has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Source , the sub-segment i.e. Cow will boost the Dairy Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ingredients, the sub-segment i.e. Milk Protein Concentrates (MPCs) will boost the Dairy Protein market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Awareness about Healthy Diet
Market Growth Drivers:
Rising Health Consciousness among the Population and Increasing Consumption of Dairy Protein for Muscle Building in Youths
Challenges:
Fluctuation in the Price of Raw Material
Restraints:
Allergy of Milk Product
Opportunities:
Growth in the Food Industry Worldwide and Rising Demand from Emerging Economies Such As China and India
Market Leaders and their expansionary development strategies
In August 2023, Glanbia, a global dairy nutrition company, partnered with Cargill to develop co-branded nutritional solutions leveraging Glanbia's dairy protein expertise with Cargill's plant-based ingredients.
In October 2023, FrieslandCampina, another dairy giant, introduced a new whey protein isolate with improved solubility and taste for easier incorporation into beverages.
Key Target Audience
Dairy Protein Manufacture, Suppliers/Distributiors, Raw Materail Suppliers and Potentaioal Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.