Milk Protein Concentrate Market Size, Share, Growth and Industry Report 2023-2028

How Big Is the Milk Protein Concentrate Market?

The global milk protein concentrate market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.32% during 2023-2028.

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What is Milk Protein Concentrate?

Milk Protein Concentrate (MPC) is a powdered form of milk produced by removing a portion of the water and some non-protein components from milk. It is composed of proteins, like casein and whey proteins, which are the two main types of proteins found in milk. Its production involves filtration, ultrafiltration, and drying techniques to concentrate the protein content while reducing the water content. It is utilized as an ingredient in various food products and nutritional supplements due to its high protein content and functional properties.

Milk Protein Concentrate Market Trends and Drivers:

There is an increase in the use of MPC in the preparation of various food products and beverages, such as yogurts, ice cream, cheese, protein shakes, smoothies, bread, cakes, cookies, and pastries, to enhance their nutritional value, improve texture, and provide a source of high-quality protein. Along with this, the flourishing food and beverage (F&B) sector represents one of the primary factors boosting the market growth around the world. Moreover, the rising adoption of MPC in infant formula and baby foods for the proper development of infants by fulfilling the required dietary needs is favoring the growth of the market. Besides this, the growing usage of MPC in the manufacturing of various skincare and cosmetic products, including shampoo, conditioner, and body lotion, is influencing the market positively.

Global Milk Protein Concentrate Market 2022-2028
Analysis and Segmentation:

AMCO Proteins, Cabot Creamery Co-operative (Agri-Mark Inc.), Erie Foods International Inc., Fonterra Co-operative Group Limited, Glanbia PLC, Grassland Dairy Products Inc., Idaho Milk Products, Kerry Group plc, Royal FrieslandCampina N.V., Saputo Inc., TATURA Milk Industries Pty. Ltd. (Bega Cheese Limited) and Westland Milk Products (Yili Group).
The report has segmented the market based on region, component, enterprise size and industry.

Breakup by Nature:

• Organic
• Conventional

Breakup by Form:

• Powder
• Liquid

Breakup by Concentration:

• Low
• Medium
• High

Breakup by Application:

• Packaged Products
• Nutritional Products
• Infant Formula
• Others

Breakup by Distribution Channel:

• Hypermarkets and Supermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Breakup by Region:

• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa

The key regions covered in the market report are Asia Pacific, Europe, North America, Latin America, Middle East and Africa.

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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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