Projected Growth and Market Size of the Global Milk Protein Market

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In the realm of health and nutrition, the global milk protein market maintains a steady progression. The market size which was at $12.85 billion in 2024 is projected to grow to $13.71 billion in 2025, keeping up a compound annual growth rate (CAGR) of 6.7%. Furthermore, in the upcoming years, the milk protein market is expected to see a substantial increase, reaching to $17.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. This notable growth can be attributed to a myriad of factors such as changing dietary patterns, sustainable production practices, and the rapidly expanding functional food and beverage market.

What Is The Projected Market Size Of The Global Milk Protein Market And Its Growth Rate?
• The market size for milk protein has grown significantly in recent years, with a CAGR of 6.7% from 2024($12.85 billion) to 2025($13.71 billion).
• The anticipated growth in the future is also substantial, expected to reach $17.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%

What Is Driving The Growth In The Milk Protein Market?
The increasing infant birth rate significantly drives the growth in the milk protein market. The infant birth rate, a demographic measure of births occurrence, necessitates meeting the nutritional needs of infants. Milk protein proves crucial in fulfilling this requirement, thereby propelling the market. For instance, with near 4 million infants born in the United States annually, according to the Office of Disease Prevention and Health Promotion, the rise in the infant birth rate substantiates the growth of the milk protein market.

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Who Are the Key Players Driving Milk Protein Market Growth?
Below are the major companies operating in the milk protein market:
• Royal FrieslandCampina N.V.
• Fonterra Co-operative Group Limited
• Arla Foods amba
• Amco Proteins Company.
• Saputo Inc.
• Glanbia plc
• Kerry Group plc
• Havero Hoogwegt Group B.V.
• Lactalis Ingredients
• Sachsenmilch Leppersdorf GmbH
• Cargill Inc.
• Archer-Daniels-Midland Company
• Charotar Casein Company
• Danone Nutricia
• Hilmar Ingredients
• Milk Specialties Global
• Idaho Milk Products
• Agropur Dairy Cooperative
• Carbery Group Limited
• Davisco Foods International Inc.
• Leprino Foods Company
• Lactose Limited
• Erie Foods International Inc.
• Grande Custom Ingredients Group
• Milkaut S.A.
• Farbest Brands Inc.
• Batory Foods Inc.
• Armor Proteines
• Nutrimed Healthcare
• Agri-Mark Inc.
• Arion Dairy Products B.V.

What Are The Key Trends In The Milk Protein Market?
The main trends in the forecast period include:
• Rising demand for high-quality protein sources
• Research and development in nutrition science
• Customization and specialty products
• Technological advancements in processing
• Sustainability concerns and ethical consumption

What Are The Segments Of The Global Milk Protein Market?
The global milk protein market is segmented as -
1) By Type: Milk Protein Concentrate, Milk Protein Isolate [MPI], Milk Protein Hydrolysates, Casein And Caseinates, Whey Protein Concentrate, Whey Protein Isolate, Other Types
2) By Form: Dry, Liquid
3) By Livestock: Cow, Buffalo, Goat
4) By Application: Dairy Products, Frozen Desserts, Infant Formula, Dietary Supplements, Bakery, Confectionery, Beverages, Sweet, Savory Snacks
5) By Distribution Channel: Online, Offline

Which Region Leads The Milk Protein Market?
North America, leading the largest share in the milk protein market as of 2024, tops the charts. The regions covered in the milk protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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What Is Covered In The Milk Protein Market Global Market Report?

- Market Size Analysis: Analyze the Milk Protein Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Milk Protein Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Milk Protein Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Milk Protein Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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