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What fueled the previous growth in the milk protein market?

The dimension of the milk protein market has witnessed significant expansion in the past few years. The market size is projected to increase from $12.85 billion in 2024 to $13.71 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%. This growth in the historical period is attributed to various factors, including advancements in nutritional science research, an increasing trend towards health and wellness, a surge in demand for sports nutrition, and the expansion in the functional food and beverage industries. There has also been a notable shift towards plant-based substitutes.

What will be the milk protein market size in the future?

The milk protein market is anticipated to witness substantial expansion in the upcoming years, with the market size projected to reach $17.94 billion in 2029, representing a compound annual growth rate (CAGR) of 6.9%. This predicted growth during the forecast period is largely due to shifts in diet trends, eco-friendly production methods, advancements in nutritional research, innovation in the field of plant-based alternatives, the booming functional food and beverage market, and increasing applications in infant formula. Key trends expected during the forecast period comprise of growing demand for high-quality protein, ongoing research and innovations in nutrition science, increased focus on customized and specialty products, technological progress in processing, and considerations on sustainability and ethical consumption issues.

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What main drivers are fueling expansion in the milk protein market?

The growth of the milk protein market is anticipated to be fuelled by an increase in the infant birth rate. The birth rate is determined by dividing the total number of births by the total population, serving as a measurement of birth occurrences. As the birth rate hikes, there’s an inevitable need to fulfill the nutritional requirements of newborns, and this is where milk protein comes into play, thereby contributing to market expansion. For example, the Office of Disease Prevention and Health Promotion, an American government agency, reports approximately 4 million infant births in the US every year. Hence, the escalating infant birth rate is the driving force behind the growth of the milk protein market.

What key areas define the segmentation of the global milk protein market?

The milk protein market covered in this report is segmented –

1) By Type: Milk Protein Concentrate, Milk Protein Isolate [MPI], Milk Protein Hydrolysates, Casein And Caseinates, Whey Protein Concentrate, Whey Protein Isolate, Other Types

2) By Form: Dry, Liquid

3) By Livestock: Cow, Buffalo, Goat

4) By Application: Dairy Products, Frozen Desserts, Infant Formula, Dietary Supplements, Bakery, Confectionery, Beverages, Sweet, Savory Snacks

5) By Distribution Channel: Online, Offline

Subsegments:

1) By Milk Protein Concentrate (MPC): MPC 40% Protein, MPC 70% Protein

2) By Milk Protein Isolate (MPI): MPI With 90% Protein, MPI With 95% Protein

3) By Milk Protein Hydrolysates: Low-Degree Hydrolysates, High-Degree Hydrolysates

4) By Casein And Caseinates: Sodium Caseinate, Calcium Caseinate, Acid Casein

5) By Whey Protein Concentrate (WPC): WPC 34%, WPC 80%

6) By Whey Protein Isolate (WPI): WPI With 90% Protein, Hydrolyzed WPI

7) By Other Types: Milk Peptides, Blends Of Milk Proteins

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Who are the dominant players expanding their reach in the milk protein market?

Major companies operating in the milk protein market include Royal FrieslandCampina N.V., Fonterra Co-operative Group Limited, Arla Foods amba, Amco Proteins Company., Saputo Inc., Glanbia plc, Kerry Group plc, Havero Hoogwegt Group B.V., Lactalis Ingredients, Sachsenmilch Leppersdorf GmbH, Cargill Inc., Archer-Daniels-Midland Company, Charotar Casein Company, Danone Nutricia, Hilmar Ingredients, Milk Specialties Global, Idaho Milk Products, Agropur Dairy Cooperative, Carbery Group Limited, Davisco Foods International Inc., Leprino Foods Company, Lactose Limited, Erie Foods International Inc., Grande Custom Ingredients Group, Milkaut S.A., Farbest Brands Inc., Batory Foods Inc., Armor Proteines, Nutrimed Healthcare, Agri-Mark Inc., Arion Dairy Products B.V

How are evolving market trends shaping milk protein Strategies?

In the milk protein market, product innovation emerges as a crucial trend. The primary participants in this sector are focusing on pioneering technological breakthroughs to enhance their market position. For example, Arla Foods, a multinational cooperative of Danish-Swedish origin and a leading producer of dairy products, unveiled Lacprodan ISO, a novel protein bars solution in September 2022. It possesses exceptional characteristics such as high-quality protein composition, low sugar content, and superior ingredients usage. This ready-to-blend product, consisting of whey protein isolate and dairy proteins, is anticipated to incorporate a sugarless substitute, making it more digestible for individuals experiencing digestive issues.

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Which regions are emerging as leaders in the milk protein market?

North America was the largest region in the milk protein market share in 2024. The regions covered in the milk protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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