Milk Protein Market Size By Type , Livestock and Application
The milk protein market is one of the fastest-growing products among the dairy products mainly due to the growing trend of reducing the fat content and calorie content, thereby leading to an increase in the protein content in food products. With the rising awareness about health and nutrition products among the global population, wide applications of milk protein and positive investigations for health benefits create a platform for newer applications of protein, which drives the increase in demand and market growth for protein-based food products.
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Furthermore, growth in the number of health conscious consumers coupled with the rise in the preferences of consumers to consume the food products with protein content and low in calorie content are expected to drive the market growth. Moreover, the increase in the consumption of the sports nutrition which is rich protein concentrate by the health conscious consumers, rise in the for nutritious products and increase in demand for premium products is further going to boost the market growth. However, the lack of awareness among consumers related to the benefits associated with the consumption of milk protein concentrate in various emerging countries is going to affect the market growth negatively.
The Global Milk Protein Market Segmentation by Type, Livestock, Form, and Application. On the basis of Type, it is segmented into MPC, MPI, MPH, Casein and Caseinates, WPC and WPI. On the basis of Livestock, it is segmented into Clinical Cow, Buffalo, and Goat. On the basis of Form, it is segmented into Dry and Liquid. On the basis of Application, it is segmented into Sports Nutrition, Infant Formula, and Dairy Products
On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia Pacific and Middle East and Africa. North America is anticipated to hold the largest share of the market, followed by Europe over the forecast period. This is mainly due to the relatively high consumption of milk products rich in protein content. Asia Pacific is anticipated to register the highest growth in the coming years primarily due to the rise in the population and growth in the consumer preferences for the food products rich in nutritional content in countries such as India and China.
Milk Protein Market Leaders are Lactalis Ingredients, Fonterra Co-operative Group, FrieslandCampina, Arla Foods, Saputo Ingredients, Glanbia PLC, Kerry Group plc, Havero Hoogwewt Group, Sachsenmilch Leppersdorf GmbH, and AMCO Protein.
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