India Casein Market Size Worth US$ 159.6 Million by 2028 at a 5.9% CAGR | IMARC Group

IMARC Group, a leading market research company, has recently releases report titled "India Casein Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the India casein market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the India Casein market?

The India casein market size reached US$ 108.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 159.6 Million by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

What is Casein?

Casein is a protein found in milk and dairy products, which is obtained by separating it from milk using acidification or enzymatic coagulation. It forms a gel-like structure when acted upon by enzymes or acids, which gives it unique functional properties for use in food formulations and industrial applications. It is a rich source of minerals, amino acids, carbohydrates, calcium, phosphorous, and other essential nutrients. It aids in ensuring muscle recovery, enhancing digestion, fueling metabolic rate, controlling blood pressure, and improving body strength. It is utilized as a key ingredient in dietary supplements, pharmaceutical products, food additives, confectioneries, and various milk products.

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What are the growth prospects and trends in the India casein industry?

There is an increase in the use of casein as a stabilizer, emulsifier, and thickener in the preparation of different food products and beverages, which are served across hotels, cafes, restaurants, and other commercial food outlets. Along with this, considerable growth in the food and beverage (F&B) sector represents one of the primary factors fostering the growth of the market in India. Moreover, increasing health concerns and rising awareness among people about the health benefits of casein-based food products, such as cheese, yogurt, protein bars, bread, muffins, coffee, shakes, and smoothies, are favoring the growth of the market in the county.

In addition, the growing adoption of a healthy and nutritious diet among the masses due to the rising prevalence of obesity and other lifestyle diseases and the rising population with poor metabolic health is influencing the market positively. It can also be attributed to sedentary lifestyles and unhealthy dietary patterns. Apart from this, the increasing utilization of casein in the production of paints and coatings as a binder and adhesive to form a strong film when mixed with pigments and dyes to a durable finish is contributing to the market growth in the country. Furthermore, the rising adoption of casein in the production of dietary supplements on account of its numerous benefits, including increasing muscle mass, burning fat, strengthening bones, eliminating cravings, and promoting weight management, is propelling the growth of the market in India.

Besides this, casein finds application in the manufacturing of various skincare and cosmetic products, such as lotion, creams, moisturizers, shampoos, conditioners, cleansing balms, serums, masks, primers, perfume, and eye creams to provide deep hydration and a radiant glow to the skin. This, coupled with the growing sales of casein-based skincare and cosmetic products from various offline and online branded stores, is creating a positive outlook for the market in the country.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product Type:
• Rennet Casein
• Acid Casein

Breakup by End Use:
• Food and Beverages
• Pharmaceuticals
• Cosmetics
• Industrial
• Others

Breakup by Region:
• North India
• West and Central India
• South India
• East India

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