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Dairy Protein Market is Estimated to Witness High Growth Owing to Rising Consumption of Sports Nutrition Products

05-22-2024 01:28 PM CET | Food & Beverage

Press release from: Coherent Market Insights

Dairy Protein Market

Dairy Protein Market

Market Overview:

Dairy proteins are widely used in various food products like infant formula, sports nutrition, and functional beverages due to their high nutritional value. Whey protein is widely used to manufacture sports drinks for muscle recovery and building post workout.

Market Dynamics:

The global dairy protein market is expected to witness significant growth over the forecast period owing to rising consumption of sports nutrition products and functional beverages. The growing health-conscious population has shifted preference towards protein-rich diet and supplements. Additionally, whey protein has gained popularity as an ideal post-workout supplement for muscle recovery and strength. The increasing participation in gyms and sports activities further supports the demand for nutritional supplements containing dairy proteins.

Rising Consumer Demand for Protein-Rich Food is Driving the Dairy Protein Market

The global demand for protein-rich food and beverages has been continually rising over the past few years. Most consumers nowadays are becoming increasingly health-conscious and prefer food and drinks that provide additional health and nutritional benefits. Dairy proteins like whey and casein are considered to be high-quality proteins as they contain all the essential amino acids required by the human body. The protein content of dairy is easily digestible and absorbs quickly. As a result, more and more people are incorporating dairy proteins into their diets and workout regimes to build muscles and lose weight. Sports nutrition and wellness brands have also launched various high-protein dairy-based products like shakes, bars to cash in on this growing health trend. The demand from the food processing industry has also been rising as processors use dairy proteins as functional ingredients to enrich the protein content of various food items.

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Key Players Covered In This Report:

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 Segmentation:

By product type

Milk Protein Concentrates (MPC)
Whey Protein Concentrates (WPC)
Milk Protein Isolates (MPI)
Whey Protein Isolates (WPI)
Whey Protein Hydrolysate (WPH)
Others (Casein, Lactoferrin, etc.)

By application

Dairy Products
Bakery & Confectionary
Beauty & Personal Care
Nutraceuticals

Key Region/Countries are Classified as Follows:

The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered.

The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.

◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ Latin America (Brazil, Argentina, Colombia,.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Government Support for Dairy Farming Has Adversely Impacted Supply Chains

Many countries provide substantial subsidies and aid to local dairy farmers to protect their livelihoods and ensure steady domestic production. While this helps farmers, it does distort market prices and global trade. Further, stringent quality and safety regulations imposed by certain governments on dairy imports limits the external supply of cost-effective dairy ingredients. Any restriction or disruption in the global trade of dairy proteins negatively impacts manufacturers relying on imports. During the initial phase of the COVID-19 pandemic, several countries had also imposed export bans on dairy to prioritize domestic demands, which disrupted international supply chains. All such trade barriers and policies hinder the easy availability of dairy globally and add economic pressures on buyers. Manufacturers have to factor in the geopolitical risks involved while sourcing from different regions.

Growing Demand for Plant-Based and Clean Label Products Presents an Opportunity

Consumers are increasingly demanding more sustainable and environment-friendly products. There is growing interest in plant-based dairy alternatives like protein extracts from peas, soy, almonds etc. Clean label is also an important consideration as people prefer products with fewer artificial ingredients and preservatives. Dairy proteins satisfying these evolving demands can attract new consumers. Companies involved in developing innovative plant and dairy protein blends, as well as clean label formulations utilizing dairy protein concentrates and isolates stand to gain. Those able to offer sustainable and natural options have an opportunity to expand their customer base. Technology advancements aiding the development of ideal dairy protein variants, fractions and cold-processed derivatives present new possibilities.

Rising Global Health Awareness Will Drive More Innovations in the Dairy Protein Space

As health and wellness remain top priorities, consumers are more informed and discriminating in their choices. This consumer mindfulness will push further innovations and applications of dairy proteins. Areas like sports nutrition, medical nutrition, and preventive health are showing immense potential. More clinical research on the specific benefits of different dairy proteins like their role in gut health, muscle building, weight management etc. will support new product concepts. Sports personalities and influencers promoting the usage of dairy proteins for workouts and physique goals will augment this trend. We may also witness dairy protein fortification of various everyday food categories to deliver incremental wellness value. Overall, focusing on innovation will be critical for companies to stay relevant as global health awareness increases continually.

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The report answers a number of crucial questions, including:

➥ Which companies dominate the global Dairy Protein Market ?
➥ What current trends will influence the market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?

Contact Us:

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
✉ Email: sales@coherentmarketinsights.com
📞United States of America: +1-206-701-6702
📞United Kingdom: +44-020-8133-4027
📞Japan: +050-5539-1737
📞India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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