The global milk protein market is set to witness growth at a CAGR of 5.6% and top a valuation of US$ 19.7 Bn by 2032. Casein, the most found milk protein, can be of several types, such as α-s2, α-s1, 6 and ß types, with different genetic variations, amino acid compositions, and functional properties. The micelle, a complex in which caseins are suspended in milk. Casein micelles are stable in nature but have dynamic structures, which can be cooled or heated to boiling, or can be dried and restructured in different formats without any adverse effects. ß-casein can migrate in and out of micelle along with calcium phosphate, while there is any change in temperature, without affecting the protein and minerals nutritional properties in the solution. As caseins are heat treatment stable ingredients, HTST (high temperature short time) pasteurization cannot affect nutritional and functional properties of the casein proteins. Thus even applying high temperature to a product contains casein can cause few interactions between whey proteins and casein present in the solution, that may or may not change the functional effects of the product, but the nutritional properties remain same. For instance, ß-lactoglobulin forms a specific layer over casein micelle to prevent curd formation in cheese at high temperatures. All of the aforementioned characteristics are generating heavy demand of casein as a milk protein from food, beverage, infant formula, and dietary supplements industries. Key Takeaways from Market Study
The milk protein market is worth of US$ 11.4 Bn sales in 2022.
The milk protein market is expected to expand at CAGRs of 5.6% through 2032.
Global milk protein demand is projected to grow year-on-year (Y-o-Y) growth of 5.5% in 2022.
The milk protein market is growing with a notable boost towards the production to reach USD 19.7 Bn by 2032.
Increase in requirement of new food additives, advancement in food technology, and enhanced quality of milk protein are the factors driving growth of the market and to be the influencing factors among consumers, which is driving sales of milk protein across global markets.
Demand for milk protein grew at 4.8% CAGR between 2017 and 2021.
Cargill, Inc., Saputo, Inc., Glanbia Plc., Kerry Group Plc., and Arla Foods are expected to be the top players in the industry.
Milk protein isolate with powdered form segment are in heavy demand from infant formula industry carrying a notable market share.
“Due to the increasing intake of protein-rich products by health conscious consumers because of the rising concerns of poor metabolic health conditions among the population of developing and advanced nations like the US and China, demand for milk protein is growing with each passing day as a part of dietary supplements to provide the body with high nutritional and protein content items sourced from milk,” says a Future Market Insights analyst. Competitive Landscape