Press release
Milk Protein Market Growth: Trends, Innovations, and Forecast to 2030
The global milk protein market is experiencing robust growth, fueled by increasing health consciousness and the rising demand for high-protein diets. In 2023, the market was valued at USD 10.84 B and is projected to grow at a CAGR of 6.14% from 2024 to 2030, reaching USD 16.45 Bn by the end of the forecast period.๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's milk protein market is expanding, driven by a growing focus on health and wellness. Increasing collaborations between local dairy producers and international players, such as ๐๐ข๐ง๐๐ฆ๐ข๐ฅ๐ค and ๐ ๐จ๐ง๐ญ๐๐ซ๐ซ๐, have boosted the availability of high-quality milk protein products. In 2023, the market recorded a 14% increase in protein-enriched product consumption, particularly among urban populations.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/221177/
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's market for milk protein is witnessing steady growth, supported by rising demand for functional foods and beverages. Companies like ๐๐-๐๐๐ข๐ฃ๐ข are launching innovative products catering to health-conscious consumers. The Thai government's initiatives to enhance dairy production are expected to further support market growth, with the market anticipated to grow at a CAGR of 7.5% over the forecast period.
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's milk protein market is characterized by the demand for premium products in the health and wellness sector. Companies such as ๐๐๐ข๐ฃ๐ข ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐จ. ๐๐ญ๐. and ๐๐จ๐ซ๐ข๐ง๐๐ ๐ ๐๐ข๐ฅ๐ค ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐จ. ๐๐ญ๐. are focusing on research and development to create specialized products like protein powders and fortified drinks. Online retail channels in Japan saw a 10% increase in sales of milk protein products in 2023.
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's milk protein market is undergoing consolidation as domestic companies partner with international giants to meet the growing demand. In 2024, ๐๐๐ง๐ ๐ง๐ข๐ฎ ๐๐๐ข๐ซ๐ฒ and ๐๐๐ฌ๐ญ๐ฅรฉ announced a joint venture to expand production capabilities and enhance distribution networks. China's health-conscious middle class is driving the demand for protein-enriched beverages and snacks, with sales increasing by 20% in 2023.
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's milk protein market is evolving, driven by consumer interest in protein-rich diets. Brands like ๐๐๐๐ข๐ฅ ๐๐๐ข๐ซ๐ข๐๐ฌ are capitalizing on this trend by introducing ready-to-drink protein shakes and low-fat options. In 2023, the market witnessed a 15% growth in exports, particularly to neighboring Asian countries.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/221177/
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's advanced retail infrastructure and health-focused consumers are fueling growth in the milk protein market. Global companies like ๐๐ซ๐ฅ๐ ๐ ๐จ๐จ๐๐ฌ are expanding their presence in Singapore, offering premium protein powders and snacks. In 2023, Singapore's imports of milk protein products increased by 12%, reflecting the growing demand for functional food items.
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US leads the global milk protein market, accounting for over 30% of total revenue in 2023. Major players such as ๐๐ฅ๐๐ง๐๐ข๐ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง๐๐ฅ๐ฌ and ๐๐๐ข๐ซ๐ฒ ๐ ๐๐ซ๐ฆ๐๐ซ๐ฌ ๐จ๐ ๐๐ฆ๐๐ซ๐ข๐๐ are driving innovation with new product launches and strategic partnerships. The rising popularity of protein-enriched meal replacements and sports nutrition products has propelled market growth.
๐๐ข๐ฅ๐ค ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's milk protein market is thriving, with countries like Germany, France, and the UK leading the charge. Companies such as ๐๐๐ง๐จ๐ง๐ and ๐๐๐๐ญ๐๐ฅ๐ข๐ฌ ๐๐ซ๐จ๐ฎ๐ฉ are investing heavily in sustainable production practices. In 2023, Europe's exports of milk protein products increased by 8%, supported by strong demand in Asia and the Middle East.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/221177/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐๐ฒ๐ฉ๐
Milk Protein Concentrates
Milk Protein Hydrolysates
Milk Protein Casein
Others
In 2023, whey protein had the most market share worldwide. Sports nutrition and the fitness sector are two important areas where whey protein finds use. Due to its high solubility rate and rapid absorption rate, whey protein-a dry powder form of milk protein-offers benefits and advantages. A good quantity of amino acids, which are necessary and crucial for muscle growth and recovery, are present in whey protein products such protein isolates, which are pure forms of protein with a high nutritional content, and whey concentrates. Any bodybuilder can gain muscle and reduce fat at the same time because to whey's quick rate of fat absorption.
๐๐ฒ ๐ ๐จ๐ซ๐ฆ
Dry
Liquid
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Infant Formula
Bakery Products
Dairy Products
Beverages
Others
In 2023, the market share of the milk protein market was dominated by the dairy products category. The primary use of milk protein, which has several benefits, is in dairy products. Isolates are the purest form of milk protein and are utilized in dairy products. With a high nutritious content and international acceptance, this product offers great advantages. The fitness industry is one of the well-established consumer bases for dairy products. Cheese, protein yogurt, and ice cream are examples of milk protein products that are widely used, in high demand, and widely accepted.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/milk-protein-market/221177/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Hilmar Cheese Company, Inc
2. Nestle
3. Saputo Inc.
4. Glanbia plc.
5. Fonterra Co-operative Group Ltd
6. Arla Foods
7. Alpavit
8. Wheyco GmbH
9. Carbery Group
10. LACTALIS
11. Olam International
12. Davisco Foods International, Inc.
13. Milkaut SA
14. Leprino Foods Company
15. Maple Island Inc.
16. Kerry Group plc.
17. Havero Hoogwegt Group
18. Amco Protein
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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