Higher demand of Dairy Protein in food Industry till forecast period 2020- 2027

Dairy protein consists of protein derived from milk, such as whey and milk protein in the form of isolates, concentrates or hydrolysates. Whey protein is widely used in sport nutrition products or as nutritional supplement for sports person as it is a healthy protein source enriched with essential amino acids. Dairy proteins also find application in dairy products such as protein rich yogurt, personal care products such as shampoo, and in bakery products such as cakes and cookies.

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Key players operating in the global dairy protein market include Glanbia Plc, Fonterra Co-operative Group Limited, Arla Foods Ingredients Group P/S, Lactalis Group, FrieslandCampina N.V., United Dairymen of Arizona, AMCO Proteins, Grassland Dairy Products, Inc., Saputo Inc., Westland Dairy Company Limited, FIT Group, and Erie Foods International, Inc

Market Taxonomy:

On the basis of product type, the global dairy protein market is segmented into:

Milk Protein Concentrates (MPC)
Whey Protein Concentrates (WPC)
Milk Protein Isolates (MPI)
Whey Protein Isolates (WPI)
Whey Protein Hydrolysate (WPH)
Others (Casein, Lactoferrin, etc.)
On the basis of application, the global dairy protein market is segmented into:

Dairy Products
Bakery & Confectionary
Beauty & Personal Care
Nutraceuticals

Market Outlook:

Europe is expected to exhibit high growth in global dairy protein market over the forecast period owing to growing end-use industries such as bakery and beauty & personal care in the region. For instance, according to the data released by ‘Cosmetics Europe - The Personal Care Association’, in 2018, European cosmetics and personal care market accounted for a major revenue share globally, and was valued at about US$ 06 billion at retail sales price in 2018.

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Milk proteins are used in personal care products, owing to high content of essential amino acids which are vital for skin conditioning and hair conditioning. Hence, milk proteins find application in products such as shampoos, moisturizers, conditioners, and other personal care products. For instance, Korres Natural Products S.A., a personal care products company, offers cleansing and make-up removing wipes, formulated with hydrolyzed milk proteins. These wipes are used as facial wipes for cleansing the skin, removing face & eye makeup, and moisturize the skin.

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