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Milk Protein Concentrate Market Expansion Driven by Demand for High-Protein and Low-Lactose Products

11-04-2024 04:58 AM CET | Food & Beverage

Press release from: Persistence Market Research

Milk Protein Concentrate Market Expansion Driven by Demand

The global milk protein concentrate (MPC) market has exhibited remarkable growth, with an estimated value of US$ 1,635.2 million in 2023 and a CAGR of 4.2% during the historical period. Filtration processes, including diafiltration, ultrafiltration, and microfiltration, are primarily used to manufacture MPC. These processes utilize membrane separation technology to effectively eliminate soluble minerals and lactose, while preserving the protein content, which is then spray-dried.

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The MPC market is rapidly expanding, with overall production capacity nearly doubling in response to increasing demand. The popularity of MPC has surged globally as product developers explore its applications in a variety of new food products, enhancing nutritional profiles and functionality.

Market Drivers
Several factors are driving the growth of the global milk protein concentrate market:

Rising Demand for High-Protein and Low-Lactose Products: The demand for innovative food products is pushing the development of MPC, which is increasingly incorporated into protein-fortified foods, nutritional beverages, and meal replacements. The focus on low-lactose options is also contributing to its growing inclusion in the market.

Enhanced Replacement for Casein and Milk Powders: Due to concerns over contamination in traditional caseins and milk powders, MPC is emerging as a cleaner and more functional alternative. Its use in products such as processed cheese, frozen yogurt, and ready-to-drink beverages is expected to grow significantly.

Health-Conscious Alternatives in Infant Food Formulations: With rising health awareness among consumers, there is a notable shift towards healthier infant food options. Key players in the infant formula sector are actively developing products with minimal synthetic ingredients, further enhancing the demand for MPC.

Increased Global Focus on Nutrition: The heightened emphasis on nutrition, particularly in developing regions, is propelling the demand for MPC across various sectors, including infant nutrition, sports nutrition, and medical nutrition.

Regional Insights
The United States stands out as a prominent hub for MPC sales, expected to account for approximately 82.1% of the North American market share in 2023. This is largely attributed to the rising health consciousness among consumers and the booming fitness industry, which is driving demand for protein-rich supplements.

Key Trends and Innovations

Utilization in Sports Nutrition: MPC is increasingly adopted in the sports nutrition sector, with a projected CAGR of around 5.0% during the forecast period. Health and nutrition enthusiasts are shifting towards MPC for its clean label advantages, making it a preferred choice in ready-to-drink (RTD) sports products.

Integration of MPC in Diverse Food Products: MPC is being incorporated into a wide range of food items, including desserts, protein bars, and dietary supplements, enhancing their nutritional value and appeal.

Sustainability Initiatives: As the industry moves towards sustainable practices, there is a growing emphasis on using locally sourced ingredients and eco-friendly packaging solutions in MPC products.

Future Opportunities
The global milk protein concentrate market is set to thrive in the coming years. Companies that focus on enhancing brand recognition and customer loyalty through strategic marketing and community engagement will find substantial growth opportunities. Additionally, expanding catering services and collaborations with local businesses can boost brand visibility and drive sales.

Read More: https://www.persistencemarketresearch.com/market-research/milk-protein-concentrate-market.asp

Conclusion
The global milk protein concentrate market is on a promising growth trajectory, driven by increasing health awareness, demand for high-protein products, and a shift towards sustainable practices. As the market continues to evolve, stakeholders in the food and beverage industry are well-positioned to capitalize on the expanding opportunities presented by this dynamic sector.

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About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

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