The global milk protein concentrates market is expected to be valued at USD 3.44 Billion in 2027 from USD 2.06 Billion in 2019, registering a CAGR of 5.8% through the forecast period. Milk protein concentrate (MPC) is a highly concentrated milk product containing up to 40% to 90% milk protein. MPCs are characterized by their extremely viable nutritional and functional properties. Higher-protein mil protein concentrates provide protein enhancement and have a pure dairy flavor, with significant lactose amounts. The most important protein found in milk is caseins, which form the micelles that constitute milk’s colloidal phase. Milk protein concentrates are high-protein dairy-based ingredients produced ultrafiltration of skimmed milk and spray drying. Due to their high calcium content, milk protein concentrates are widely used in infant formulas and sports nutrition products. These are available in both dry and powdered forms. Milk protein concentrates are widely used in food products, such as cheese, yogurt, ice cream, sports nutrition and health supplements, and various non-dairy products.
The surging demand for protein-rich foods, rising awareness about health fitness, and augmented protein intake, especially among children and sportspersons, are the pivotal factors boosting the growth of the global milk protein concentrates market. The global market has gain rapid traction over recent years, owing to the rising incidence of obesity and malnutrition, growing health consciousness among consumers, increased focus on calcium intake, and the escalating demand for nutritional and dietary supplements. The other significant factors accountable for the global market growth include the growing female workforces, rising awareness about the nutritional benefits of infant formulas, the increasing birth rate worldwide, and a significant rise in milk production. Milk protein concentrates are used as additives in infant milk formulas for babies’ health development and to meet their nutritional requirements in the early years of growth.
Key findings of the report:
- Based on the preparation method, the co-precipitation sub-segment is the leading market segment, with the highest revenue share. Co-precipitation refers to heat treatment of milk above 85°C for about twenty minutes. The milk then undergoes acidification and calcium enrichment to produce the final product.
- In terms of application, the dairy products sub-segment held the largest market share in 2019 and is expected to lead the global milk protein concentrates market throughout the forecast period, demonstrating the highest CAGR.
- The online distribution channel sub-segment is expected to account for the largest share of the global milk protein concentrates market over the projected period. The rising online availability of milk concentrate and isolate products and the increasing number of e-commerce portals are the key parameters propelling the growth of this segment.
- North America is expected to be the leading regional market for milk protein concentrates. The rising health consciousness among people, increasing health fitness activities, growing demand for protein-rich supplements among athletes and fitness enthusiasts, rise in the manufacture of dairy products, and the rising disposable incomes, especially in developed countries like the U.S., are the pivotal factors driving market growth in this region.
- The leading companies operating in the global milk protein concentrates market include Kerry Group, Sachsenmilch Leppersdorf Gmbh, Lactalis Ingredients, Wheyco Gmbh, Glanbia Plc, Darigold Ingredients, Tatura, Arla Foods, Friesland Campina DM, Havero Hoogwewt, Westland, Amco Protein, Saputo Ingredients, and Fonterra Co-operative Group.
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For the purpose of this report, the global milk protein concentrates market has been segmented on the basis of preparation method, application, distribution channel, and region:
By Preparation Method (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
- Division by ultrafiltration
By Application (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
- Dairy Products
- Bakery Confectionary Products
- Infant Formulas
- Nutritional Products
By Distribution Channel (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
By Region (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- Rest of Middle East Africa