The growing demand for packed foods is in turn anticipated to drive the growth of sodium caseinate market.

Overview

Sodium caseinate is manufactured by mixing sodium compound like sodium hydroxide with extracted casein. This mixture is then dried to prepare sodium caseinate powder. Of all the protein content in milk, over 80% is accounted for by casein family. On exposure to heat, the casein proteins become stable and thus survive from pasteurization. This way they retain their original nutritional value. Sodium caseinate finds a wide range of application in confectionary and bakery products and meat products. The Global Sodium Caseinate Market size is expected to grow at a CAGR of 4.75% to by 2023.

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Drivers and Restraints:

Sodium caseinate has favorable stabilization and emulsification functions and acts as a viscosity booster. This is the primary driver of growth in this market and increasing use of Sodium caseinate in ice creams, bread, biscuits and other related products. Furthermore, growing demand for bakery and confectionary products are anticipated to boost the demand for sodium caseinate, thereby driving the growth of sodium caseinate market. Changing consumer lifestyle has risen dependency on processed, pre-cooked and packed foods, which in turn is likely to fuel the demand for sodium caseinate over the aforementioned forecast period. Sodium caseinate contains milk protein, which, in certain cases, is likely to cause an allergic reaction and is the primary hindrance of this market. Regulatory bodies like U.S. Food and Drug Administration (FDA) have strongly criticized the consumption of products with sodium caseinate by people with lactose sensitivity. All these factors are expected to inhibit the increase in the use of sodium caseinate, thereby negatively impacting the global sodium caseinate market over the aforementioned forecast period.

 

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Geographic Segmentation

Based on geography, the global sodium caseinate market is divided into North America, Latin America, Asia Pacific, Middle East and Africa and Europe. North America is anticipated to command a larger market share in the global sodium caseinate market over the aforementioned forecast period. This can primarily be attributed to the growing demand for packed and ready to eat food products in this region. The Asia Pacific is likely to witness a rapid growth in global sodium caseinate market over the aforementioned forecast period.

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The major shareholders in the market are Erie Foods, Clover Fonterra Ingredients Proprietary Limited, Charotar Casein Company, Nutra Food Ingredients LLC, Farbest Brands, FrieslandCampina DMV, AMCO Proteins.

The Scope of the report

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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