The Dairy Protein Market is Predict to reach USD 17.6 billion by 2031, at a CAGR of 4.9%

25-Apr-2024 | Report Format: Electronic (PDF)

Dairy Protein Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Dairy Protein Market size is expected to reach $17.6 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period.

Numerous studies have demonstrated the benefits of dairy proteins, particularly whey and casein, in supporting muscle protein synthesis, recovery, and overall athletic performance. This scientific backing enhances consumer confidence in dairy protein-based sports nutrition products, increasing consumption and market growth. Journal of the International Society of Sports Nutrition-published research provides an illustration of the benefits of dairy proteins in promoting muscle protein synthesis and recovery. The study found that consuming a whey protein supplement immediately after resistance exercise significantly increased muscle protein synthesis rates compared to a placebo.

Dairy Protein Market Size - By Region

The Liquid segment would exhibit a CAGR of 6.6% during (2024 - 2031). The liquid form segment encompasses a range of products such as liquid milk, whey protein drinks, and protein-fortified beverages. Liquid milk remains a staple dairy protein source, providing essential nutrients, including whey and casein proteins, vitamins, and minerals. A growing trend has been consuming ready-to-drink and functional beverages fortified with dairy proteins.

The Whey protein segment is generating the highest revenue in the Global Dairy Protein Market by Type in 2023; thereby, achieving a market value of $10.1 billion by 2031. The production of cheese yields whey protein from milk. It is rich in numerous essential amino acids, including branched-chain amino acids (BCAAs), which are crucial for the synthesis and recovery of muscle proteins. Weight management, enhanced immune function, and decreased inflammation are a few of the additional health benefits associated with whey protein, in addition to its muscle-building properties. These benefits are driving the segment's growth.

The Nutrition segment is experiencing a CAGR of 4.5% during (2024 - 2031). The nutrition segment targets providing consumers with essential nutrients, particularly proteins derived from dairy sources. These products include protein powders, bars, shakes, and nutritional supplements designed to support various health and fitness goals. As consumers continue to prioritize nutrition and seek out convenient and effective ways to meet their dietary needs, the nutrition segment of the dairy protein market is expected to remain resilient and continue its growth trajectory.

Full Report: https://www.kbvresearch.com/dairy-protein-market/

The North America region dominated the Global Dairy Protein Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.1 billion by 2031. The Europe region is anticipated to grow at a CAGR of 4.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 5.4% during (2024 - 2031).

List of Key Companies Profiled

  • Archer Daniels Midland Company
  • Arla Foods, Inc.
  • Kerry Group PLC
  • Saputo, Inc.
  • Fonterra Co-operative Group Limited
  • Royal FrieslandCampina N.V.
  • Schreiber Foods, Inc.
  • Lactalis Group
  • DANA Dairy Group Ltd.
  • Agri-Mark, Inc.

Dairy Protein Market Report Segmentation

By Form

  • Solid
  • Liquid

By Type

  • Whey protein
  • Milk Protein Concentrate
  • Casein & derivatives

By Application

  • Food & Beverages
  • Nutrition
  • Personal Care & Cosmetics
  • Feed
  • Others

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