Milk Protein Market Scope
Milk proteins are the source of nitrogen and amino acids which are essential for the growth of the neonate and useful for maintenance of various body functions. It contains all 9 essential amino acids required by humans. Milk proteins are synthesized in the mammary gland, but 60% of the amino acids used to build the proteins are obtained from the cow’s diet. Milk proteins are useful for various specific functional and nutritional applications and some milk proteins have biological activities.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AMCO Proteins (United States), Fonterra Co-operative Group Limited (New Zealand), Arla Foods (Denmark), Groupe Lactalis (France), Hevero Hoogwegt (Netherlands), Kerry Group (Ireland), Ace International LLP (India), FrieslandCampina (Netherlands), Ganbia plc. (Ireland) and DuPont (United States) |
CAGR | % |
The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Milk Protein market throughout the predicted period.
AMCO Proteins (United States), Fonterra Co-operative Group Limited (New Zealand), Arla Foods (Denmark), Groupe Lactalis (France), Hevero Hoogwegt (Netherlands), Kerry Group (Ireland), Ace International LLP (India), FrieslandCampina (Netherlands), Ganbia plc. (Ireland) and DuPont (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Milk Protein market by Type , by Application (Sports Nutrition, Infant Formula, Dairy Products and Others) and Region with country level break-up.
On the basis of geography, the market of Milk 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).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2023, FrieslandCampina and Arla Foods announced a strategic partnership to create a joint venture focused on the production and marketing of high-quality milk protein ingredients. The new company, named Arla FrieslandCampina Ingredients, will combine the expertise and resources of both dairy giants to develop and market innovative milk protein solutions for the global food industry.
In December 2023, Nestle launched a new plant-based milk protein powder under its Ninho brand. The powder is made from pea protein and is designed to be used in smoothies, yogurt, and other food and beverage applications.
Influencing Trend:
Next Generation Dairy Ingredients Are Gaining Attention
Market Growth Drivers:
Increased Demand for Nutrition Supplements, Growing Preference for Vegan Diet and Increased Awareness about Healthy Diet
Challenges:
Growing Prevalence of Diabetes
Restraints:
Allergies Related To the Milk Proteins
Opportunities:
Growing Demand From Developed and Developing Countries and Rising Food Industry Worldwide
Key Target Audience
Milk Protein Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user