
Dairy Protein Market size was valued at US$ 11.78 Billion in 2022 and the total Dairy Protein revenue is expected to grow at 5.8% through 2023 to 2029, reaching nearly US$ 17.49 Billion.
Dairy Protein Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Dairy Protein Market Overview:
The primary goal of this research is to assist the user in understanding the Dairy Protein Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Dairy Protein industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Dairy Protein Market Segmentation:
Solid dairy protein and liquid dairy protein are the parts according to form. In 2022, the market for dairy proteins was led by the solid dairy protein category. During the forecast period (2022-2029), this market is anticipated to expand at a CAGR of 9.5%. The majority of dairy products, including cheese, butter, ice cream, and others, are offered in solid form. The global market for solid daily proteins is directly fueled by these products. Another factor contributing to the dominance of solid dairy proteins on the worldwide market is that they have a longer shelf life than liquid dairy products.
Whey protein, Milk Protein Concentrates (MPCs), and Casein and its derivatives are the sectors listed by kind. In 2022, whey protein had the largest market share of all dairy proteins. The market for milk protein concentrate is anticipated to expand at a CAGR of 5.5% from 2022 to 2029. Casein is one of numerous proteins and enzymes found in dairy products. Caseins are less water-soluble than MPCs and whey proteins. During the aforementioned forecast period, this is anticipated to restrain the casein segment's expansion. Whey, a byproduct of the milk curdling process, is a common ingredient in processed dairy goods. Cheddar or Swiss cheese processing results in the production of sweet whey. The numerous commercial uses for whey protein are anticipated to fuel the expansion of
Food and Beverages, Infant Nutrition, Personal Care and Cosmetics, and Other are the segments listed by application. In 2022, Food and Beverages accounted for more than half of the worldwide dairy protein market. This market is anticipated to expand at a CAGR of 8.3% from 2022 to 2029. The fact that dairy protein is a staple dietary item consumed worldwide accounts for this rise. This segment's growth is positively impacted by the expansion of other dairy-based food and beverage markets. In the same forecast period, this tendency is anticipated to persist. According to projections, the global dairy protein market will be dominated by the baby nutrition segment. To replace colostrum (early lactation milk that improves the immune system), a variety of experimental newborn feeding formulae are in demand.
1 Global Dairy Protein Market, by Form (2022-2029)
• Solid
• Liquid
2 Global Dairy Protein Market, by Type (2022-2029)
• Whey protein
• Milk Protein Concentrate
• Casein and derivatives
3 Global Dairy Protein Market, by Application (2022-2029)
• Food and Beverages
• Infant Nutrition
• Personal Care and Cosmetics
• Other
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Dairy Protein Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Dairy Protein market are
1. Archer Daniels Midland Company
2. Arla Foods Amba
3. Kerry Group PLC
4. Saputo, Inc.
5. Fonterra Co-operative Group Limited
6. Royal Frieslandcampina N.V.
7. Schreiber Foods, Inc.
8. Lactalis Group
9. DANA Dairy Group Ltd.
10.Agri-Mark, Inc.
11.Anchor
12.United Dairymen of Arizona
13.Grassland Dairy Product
14.PepsiCo
15.Eriefoods.com
16.Glanbia plc
17.Unternehmensgruppe Theo Müller
18.Tatura Milk Industries Ltd
19.Milk Specialties
20.LAÏTA PGC
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Regional Analysis:
The report focuses on Global Regions and Market Size of Dairy Protein, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Dairy Protein Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Dairy Protein industry in 2021.
Key Questions Answered in the Dairy Protein Market Report are:
- What is the function of Dairy Protein?
- What is the predicted revenue generation of the Dairy Protein market?
- At what growth rate is the Dairy Protein market evolving?
- Who are the major market giants operating in the Dairy Protein market?
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