The Global Dairy Protein Market size is expected to reach $13.4 billion by 2025, rising at a market growth of 5.9% CAGR during the forecast period. Dairy proteins are potential ingredients and multipurpose ingredients used to produce a variety of food items. It exhibits various beneficial functionalities and bioactivities in food production. They work in food preparations as thickeners, gelling agents, texture modifiers, carriers, and foaming agents. These are also used across industries in many applications including feeding, personal care, animal feed, and textiles.
Global Dairy Protein Market Size
Although markets around the world experience different growth curves and diverse expectations, there are significant similarities in attitudes and consumption regarding dairy products. In many countries, dairy shoppers still stick to their daily habits, even as they embrace new health and environmental alternatives. Consumers have high standards almost unanimously for all dairy products, both conventional and alternative, with taste and preferences of ingredients still of great importance to consumers in every sector surveyed and in every category of dairies.
It is anticipated that increased sensitivity of dietary supplements containing casein as an ingredient would play a crucial role in product development. The rapid rise in urbanization among emerging economies is expected to increase labor migration, which is expected to boost protein consumption as part of "on the go culture." Factors such as shifting lifestyles, increasing adaptation rates among that middle-class, socio-economic, and demographic changes are expected to propel casein demand over the forecast period.
Dairy Protein Market Share
With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip. The suppliers and consumers of the products & Services are affected in a big way across the sectors resulting in declining revenues in last quarters of year 2019.
Based on Type, the market is segmented into Whey protein, Milk Protein Concentrate and Casein and derivatives. Based on Form, the market is segmented into Solid and Liquid. Based on Application, the market is segmented into Nutrition, Food and Beverages, Personal Care and Cosmetics, Feed and Other applications. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Dairy Protein Market to reach a market size of $13.4 billion by 2025
Dairy Protein Market Cardinal Matrix
The major strategies followed by the market participants are Partnerships and Geographical Expansions. Based on the Analysis presented in the Cardinal matrix, Saputo, Inc., Archer Daniels Midland Company, and Kerry Group PLC are the forerunners in the Dairy Protein Market. Companies such as Royal Frieslandcampina N.V., Arla Food Amba, and Fonterra Co-operative Group Limited are some of the key innovators in Dairy Protein Market.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Archer Daniels Midland Company, Arla Foods Amba, Kerry Group PLC, Saputo, Inc., Fonterra Co-operative Group Limited, Royal Frieslandcampina N.V., Schreiber Foods, Inc., Lactalis Group (BSA SA), DANA Dairy Group Ltd., and Agri-Mark, Inc. (Cabot Creamery Cooperative).
» Partnerships, Collaborations, and Agreements:
» Product Launches and Product Expansions:
» Product Launches:
Market Segmentation:
By Type
By Form
By Application
By Geography
Companies Profiled
According to a new report published by KBV Research, The global dairy protein market size is expected to reach $13.4 billion by 2025.
The market is expected to witness a boost due to the advent of protein supplements, Rising demand for sportification from non-athletes, and Widespread applications of dairy protein in performance nutrition. The market growth is expected to get affected due to coronavirus impact on the dairy industry.
Some of the key industry players are Archer Daniels Midland Company, Arla Foods Amba, Kerry Group PLC, Saputo, Inc., Fonterra Co-operative Group Limited, Royal Frieslandcampina N.V., Schreiber Foods, Inc., Lactalis Group (BSA SA), DANA Dairy Group Ltd., and Agri-Mark, Inc. (Cabot Creamery Cooperative).
The North America was the dominant market in 2018 represented the maximum share of the global dairy protein market.
The expected CAGR of dairy protein market is 5.9% from 2019 to 2025.
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