Dairy Protein Market To 2026 High Growth Opportunities | Emerging Trends | Industry Review | Global Forecast | Kerry Inc, Groupe Lactalis, Cabot Creamery, Royal Frieslandcampina

Dairy Protein Market by Type (Casein & Derivatives, Whey Protein, and Milk Protein Concentrate), Application (Food & Beverages, Nutrition, Personal Care & Cosmetics, Feed, and Others), and Form (Solid and Liquid): Global Opportunity Analysis and Industry Forecast, 2019–2026". According to the report, the global dairy protein industry was pegged at $9.93 billion in 2019, and is expected to reach $14.54 billion by 2026, growing at a CAGR of 5.6% from 2019 to 2026.

Get Detail Analysis – Download Research Report: https://www.alliedmarketresearch.com/request-sample/6360

Increase in demand for protein as nutritional and functional ingredients, growth in demand for infant formula and consumer awareness regarding healthy diet have boosted the growth of the global dairy protein market. However, rise in demand for infant formula impedes the market growth. On the contrary, advent of protein supplements in untapped markets and product innovation and rise in demand for organic dairy ingredients are expected to offer lucrative opportunities to the market in near future.

By type, the casein and derivatives segment is expected to portray the fastest CAGR of 6.7% during the forecast period, owing to increasing demand for casein and its derivatives from the sports nutrition industry and surge in adoption in dietary supplement. However, the whey protein segment held the largest share in 2019, contributing to around half of the global dairy protein market, owing to an increase in demand for whey-based products for muscle recovery, healthy snacks and nutritional convenience food among the health-conscious customers in developed countries.

The food & beverage segment held the largest share in 2019, accounting for nearly half of the global dairy protein market, owing to rise in demand for whey and casein ingredients in food & beverage applications due to their multiple benefits such as foaming, emulsifying and thickening ability. However, the nutrition segment is anticipated to portray the fastest CAGR of 6.6% during the forecast period, due to rising consumption of health-conscious consumers in the developing countries.

Explore Detailed Insights PDF: https://www.alliedmarketresearch.com/purchase-enquiry/6360

Major market players
• Kerry Inc
• Archer Daniels Midland Company
• Arla Foods inc
• Groupe Lactalis
• Fonterra Co-Operative Group (Fonterra)
• Royal Frieslandcampina
• Cabot Creamery
• Schreiber Foods
• Dana Dairy Group
• Saputo

The global dairy protein market across North America held the largest share in 2019, contributing to nearly one-third of the market, owing to large consumer base in the U.S. adopting healthy lifestyle and indulging in activities promoting an active and healthy lifestyle. However, the market across Asia-Pacific is estimated to register the fastest CAGR of 7.2% during the forecast period, due to awareness about the protein supplements.

Key findings of the study

• By type, the casein & caseinates segment is estimated to witness the fastest growth, registering a CAGR of 6.7% during the forecast period.
• In 2018, by application, the food & beverage segment held the highest share, accounting for around half of the global dairy proteins market share.
• In 2018, North America was the most prominent market in the North America region and is expected to grow at a significant CAGR throughout the forecast period.

Access Full Report Summary: https://www.alliedmarketresearch.com/dairy-protein-market-A05995

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.