The Latin America, Middle East and Africa Dairy Protein Market would witness market growth of 6.9% CAGR during the forecast period (2019-2025). In Latin America, the demand for dairy products is less mature than in the other regions analyzed for this study but it has the potential for substantial growth in the coming years. Cheese products and yogurt have historically been among the strongest dairy players in this area, but as consumers here understand the health benefits of alternative dairy products, this market is likely to see a certain shift away from the existing attitudes that make milk and cheese such a familiar dietary staple.
In the region, the growth of dairy products appears to be fragmented. Brazil is Latin America's largest dairy market led by the popularity of milk, which accounted for a substantial share of the country's 2017 dairy sales. It is a common staple that is enjoyed throughout the day by both adults and children. Cheese has seen a growing popularity in other Latin American countries such as Argentina and Mexico and has overtaken milk as the most popular dairy commodity.
Growth in the dairy protein market is driven by the growing consumer demand for nutritious foods. Through using protein supplements to drive development for the dairy protein industry, people eventually move to healthier diets and increase their protein consumption due to improved understanding of health and nutritious food items.
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 countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Dairy Protein Market in LAMEA is expected to register a CAGR of 6.9% during the forecast period (2019-2025)
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).
Market Segmentation:
By Type
By Form
By Application
By Country
Companies Profiled
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