Press release
Milk Protein Market Size Forecasted To Achieve $17.94 Billion By 2029 With Steady Growth
The Milk Protein Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Milk Protein Market Size During the Forecast Period?
In the past few years, the milk protein market has seen considerable expansion. The market size is projected to increase from $12.85 billion in 2024 to $13.71 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.7%. The substantial growth during the historical phase is due to factors such as advancements in nutritional science research, growing health consciousness, increased demand for sports nutrition, the expansion of functional food and beverages sector and the trend of shifting towards plant-based alternatives.
The market for milk protein is predicted to experience substantial expansion in the coming years, with a size projected to reach $17.94 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.9%. This growth during the forecasted period can be credited to various factors such as shifts in dietary habits, the practice of sustainable production, advancements in nutritional science research, innovative plant-based alternatives, the broadening of the functional food and beverage sector, and its increasing use in infant formulas. Key trends during this time are forecasted to be a surge in demand for top-quality protein sources, further research and development in the field of nutritional science, the rise in customized and specialty products, technological progression in processing, along with concerns about sustainability and ethical consumption.
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What Are the Major Segments in the Milk Protein Market?
The milk protein market covered in this report is segmented -
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
Subsegments:
1) By Milk Protein Concentrate (MPC): MPC 40% Protein, MPC 70% Protein
2) By Milk Protein Isolate (MPI): MPI With 90% Protein, MPI With 95% Protein
3) By Milk Protein Hydrolysates: Low-Degree Hydrolysates, High-Degree Hydrolysates
4) By Casein And Caseinates: Sodium Caseinate, Calcium Caseinate, Acid Casein
5) By Whey Protein Concentrate (WPC): WPC 34%, WPC 80%
6) By Whey Protein Isolate (WPI): WPI With 90% Protein, Hydrolyzed WPI
7) By Other Types: Milk Peptides, Blends Of Milk Proteins
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What Are The Driving Milk Protein Market Evolution?
The escalation in the infant birth rate is anticipated to fuel the growth of the milk protein market. The infant birth rate is defined as the total number of births over the entire population, serving as a demographic indicator of birth frequency. With the birth rate on the rise, there's a growing need to fulfill the nutritional requirements of infants, wherein milk protein can play a significant role. This is likely to stimulate market growth. The Office of Disease Prevention and Health Promotion, a government organization from the United States, reports that the US sees close to 4 million newborns annually. Hence, the growing infant birth rate fuels the expansion of the milk protein market.
Which Firms Dominate The Milk Protein Market Segments?
Major companies operating in the milk protein market include 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 Trends Are Expected to Dominate the Milk Protein Market in the Next 5 Years?
Product innovation is emerging as a leading trend in the milk protein space. To enhance their competitiveness, the key players in the industry are investing in creating technologically advanced solutions. For example, Arla Foods, a leading multinational cooperative specializing in dairy products based out of Denmark and Sweden, introduced a new product named Lacprodan ISO in September 2022. This new offering is designed for protein bars and boasts of several unique features. Made from high-quality proteins, it is low in sugar and rich in protein content, while utilizing premium ingredients. Lacprodan ISO, a ready-to-mix product that includes whey protein isolate and dairy proteins, is anticipated to employ a sugar-free substitute, benefiting those suffering from digestive issues.
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Which Is The Largest Region In The Milk Protein Market?
North America was the largest region in the milk protein market share in 2024. The regions covered in the milk protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Milk Protein Market?
2. What is the CAGR expected in the Milk Protein Market?
3. What Are the Key Innovations Transforming the Milk Protein Industry?
4. Which Region Is Leading the Milk Protein Market?
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