The North America Dairy Protein Market would witness market growth of 4.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Dairy Protein Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,393.3 million by 2031. The Canada market is experiencing a CAGR of 6.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.8% during (2024 - 2031).
The market is a significant segment within the broader food industry, encompassing various proteins derived from dairy sources, primarily milk. These proteins are essential components of many food and beverage products, valued for their nutritional benefits, functional properties, and versatility in formulation. Dairy proteins can be broadly classified into two main categories, namely, whey protein and casein protein.
Whey protein isolate is a protein of exceptional quality that is obtained from whey, the liquid fraction of milk that is separated during the cheese manufacturing process. Every essential amino acid is present, which classifies it as a complete protein. Considering that whey protein is known for its speedy digestion and absorption, it is an excellent option for post-workout recovery, muscle building, and supplementation of overall nutrition supplements.
The dairy industry in North America is experiencing technological advancements in protein extraction and processing. These advancements produce high-quality ingredients with improved functionality and flavour profiles. These advancements have enabled manufacturers to develop innovative products that cater to consumers' diverse needs and preferences. Thus, the region presents lucrative growth opportunities for the market.
Free Valuable Insights: The Dairy Protein Market is Predict to reach USD 17.6 billion by 2031, at a CAGR of 4.9%
Based on Form, the market is segmented into Solid, and Liquid. Based on Type, the market is segmented into Whey protein, Milk Protein Concentrate, and Casein & derivatives. Based on Application, the market is segmented into Food & Beverages, Nutrition, Personal Care & Cosmetics, Feed, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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