Milk Protein Concentrate Market reached a value of US$ 2.99 Bn. in 2023. The global market is expected to grow at a CAGR of 5.3% during the forecast period. The market is expected to reach a value of US$ 4.29 Bn. by 2030.Milk Protein Concentrate Market Overview:
MPC (milk protein concentrate) is a milk extract with a high concentration of encapsulated accessible calcium. It has a wide range of applications in the food and beverage industry due to its high protein content. It is mostly utilized in producing packaged dairy products, but it is also found in protein supplements, newborn nutrition, and functional foods. Micellar casein, whey proteins, and bioactive proteins are all present in the same milk ratio in MPC. The lactose content of MPC reduces as the protein amount increases. MPC is a great ingredient for protein-fortified drinks and snacks and low-carbohydrate foods due to its high-protein, low-lactose ratio. Minerals in milk are essential for human health, particularly in the case of bones. Milk is thought to be a fantastic source of minerals, nutrients, and proteins. Calcium, a fortress of newborn child recipes, and utilitarian food kinds and drinks are all made using milk mineral concentrate.To know about the Research Methodology :- Request Free Sample ReportMilk Protein Concentrate Market Dynamics:
The market is being driven by nutrient-dense foods: The increased spending power of consumers, as well as high sales of nutritional items and protein-rich foods and beverages such as dietary supplements and ready meals, are major factors driving the demand for milk protein concentrates. Dairy foods like milk, yoghurt, and cheese are nutrient-dense because they deliver a lot of nourishment for a small number of calories. One of the most nutrient-dense options is cow's milk. Eating dairy, choose for a variety that has at least some fat. Ultra-filtered milk has more protein and tastes fantastic. Milk protein isolate may have certain health benefits due to its high protein content, such as assisting muscle growth, encouraging fat reduction, and strengthening bones. It also contains a lot of casein, which may assist prevent muscle breakdown, especially overnight. There are lactose-free choices available in a wide range in the market which is the major reason for fueling the growth of the market. Lack of certainty, along with rising milk prices, has caused hydrolysates to skyrocket in price: Milk and dairy product prices fluctuate weekly and monthly, depending on a variety of supply and demand factors as well as government laws. Dairy farmers have indicated that large price increases in gasoline, fertiliser, equipment and livestock feed have made raising cows and producing milk more expensive, therefore price increases were predicted. However, Milk production, lactation length, and dry period have been documented to be affected by genetic background, environment, illnesses, food, year and season of calving. Breed, age, lactation stage, parity, and milking frequency all have an impact on performance which is the major reason for the fluctuation of milk prices constantly, owing to these factors giving major restraining circumstances to the market. MPC is a suitable component for protein-fortified drinks and snacks due to its high protein to lactose ratio: MPCs (milk protein concentrates) are complete proteins that have the same or similar proportions of casein and whey proteins as milk. It has a milk protein content of 40-90%. Lactose levels drop when the concentration of MPC protein rises. MPC is a great component for protein-fortified drinks and snacks, as well as low carbohydrate meals, due to its high protein to lactose ratio. MPCs have a higher protein content and lower lactose content than skim milk powder or whole milk powder. As a result, they deliver a concentrated amount of protein to final applications, enhancing nutritional, sensory, and functional properties. MPC is made via a series of processes that include evaporation, ultrafiltration, and spray drying thin milk. This factor is giving a huge opportunity for the market.Milk Protein Concentrate Market Segment Analysis:
By Application, the market is segmented into Packaged Products, Nutritional Products, Infant Formula and Others. The Packaged Products segment is expected to hold 32.4 % of the overall market share in terms of revenue by 2030. The increase in consumer preference for packaged foods overcooked foods can be attributed to the expansion of this segment in the milk protein concentrate market. An increase in the demand for functional dairy and high-protein cheese among consumers, as well as an increase in the consumption of protein-rich packaged meals, is another major factor for driving the growth of this segment. However, the Infant Formula segment is expected to grow at a CAGR of 6.4% during the forecast period. Due to an increase in the number of working women, women's reliance on infant formula has increased. Infant formulae are liquids or powders that are fed to babies and small children as a substitute for human milk. Infant formulae have a unique function in the diet because they are sometimes an infant's only source of nutrients. Thus owing to this nutritional benefit this segment is expected to give immense growth for the market. By Preparation, the Milk Protein Concentrate Market is segmented into Co-Precipitation, Ultrafiltration. The Co-Precipitation segment is expected to hold 68% of the overall market share in terms of revenue by 2030. The creation of mixed crystals, adsorption, occlusion, or mechanical entrapment, resulting in the simultaneous precipitation of a typically soluble component and a macro component from the same solution is commonly known for co-precipitation. The nutritional and functional qualities of MPC are employed. MPC, for example, has a high protein level and has a calorie content of 365 kcal/100 g. MPC with a higher protein content gives protein and a clean dairy flavour to food and beverage compositions without introducing a lot of lactose. And thus owing to these factors this segment is giving lucrative growth for the MPC market. However, the Ultrafiltration segment is expected to grow at a CAGR of 3.4% during the forecast period. The ultrafiltration membrane divides the feed, for example, skim milk into two streams, allowing water, dissolved salts, lactose, and acids to flow in either way while proteins and fat are retained and therefore concentrated.Milk Protein Concentrate Market Regional Insights:
The Asia Pacific region accounted for the largest market share of 42.2% in 2030. The market is expected to rise due to the rising demand for nutritional dietary supplements in countries such as India, Japan, South Korea, and others, as well as increased knowledge regarding milk protein concentrate. The region population's average disposable income is rising, as are government investments and money in the food and beverage business. According to the World Health Organization (WHO), chronic diseases such as diabetes and cancer claim the lives of approximately 8.5 million individuals in the Asia Pacific each year. Furthermore, the region's growing senior population has boosted the demand for age-friendly food alternatives with higher nutritional content to preserve their general health, leading to an increase in demand for milk protein concentrate food products in their diet. However, the North American region is expected to grow at a CAGR of 4.9% during the forecast period. In the key countries of North America, such as the United States, Mexico, and Canada, there is a growing health consciousness among customers, as well as a rapid increase in fitness activities leading to sports and protein-rich supplements. Apart from that, there has been an increase in the number of dairy cows in California in countries such as the United States. The growth of North American industries will also be aided owing to these factors. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the market dynamics, structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.Milk Protein Concentrate Market Scope: Inquiry Before Buying
Milk Protein Concentrate Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 2.99 Bn. Forecast Period 2024 to 2030 CAGR: 5.3% Market Size in 2030: US $ 4.29 Bn. Segments Covered: by Preparation Co-Precipitation Ultrafiltration by Application Packaged Products Nutritional Products Infant Formula Others Milk Protein Concentrate Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Milk Protein Concentrate Market Key Players are:
1.Fonterra 2.Westland 3.Nutrinnovate Australia 4.Atura 5.Darigold Ingredients 6.Idaho Milk 7.Erie Foods 8.Glanbia 9.Kerry 10.Sachsenmilch Leppersdorf Gmbh 11.Lactalis Group 12.Cobot Creamery Cooperative 13.Supoto Inc. 14.Royal Frieslandcampina N.V 15.Dana Dairy Group Frequently Asked Questions: 1] What segments are covered in the Milk Protein Concentrate Market report? Ans. The segments covered in the Milk Protein Concentrate Market report are based on Preparation and Application. 2] Which region is expected to hold the highest share in the Milk Protein Concentrate Market? Ans. The Asia Pacific region is expected to hold the highest share in the market. 3] What is the market size of the Milk Protein Concentrate Market by 2030? Ans. The market size of the market is expected to be 4.29 Bn. by 2030. 4] What is the forecast period for the Milk Protein Concentrate Market? Ans. The forecast period for the market is 2024-2030 5] What was the market size of the Milk Protein Concentrate Market in 2023? Ans. The market size of the market in 2023 was US$ 2.99 Bn.
1. Milk Protein Concentrate Market Size: Research Methodology 2. Milk Protein Concentrate Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Milk Protein Concentrate Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Milk Protein Concentrate Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Milk Protein Concentrate Market Size Segmentation 4.1. Milk Protein Concentrate Market Size, by Preparation (2023-2030) • Co-Precipitation • Ultrafiltration 4.2. Milk Protein Concentrate Market Size, by Application (2023-2030) • Packaged Products • Nutritional Products • Infant Formula • Others 5. North America Milk Protein Concentrate Market (2023-2030) 5.1. Milk Protein Concentrate Market Size, by Preparation (2023-2030) • Co-Precipitation • Ultrafiltration 5.2. Milk Protein Concentrate Market Size, by Application (2023-2030) • Packaged Products • Nutritional Products • Infant Formula • Others 5.3. North America Milk Protein Concentrate Market, by Country (2023-2030) • United States • Canada • Mexico 6. European Milk Protein Concentrate Market (2023-2030) 6.1. European Milk Protein Concentrate Market, by Preparation (2023-2030) 6.2. European Milk Protein Concentrate Market, by Application (2023-2030) 6.3. European Milk Protein Concentrate Market, by Country (2023-2030) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Milk Protein Concentrate Market (2023-2030) 7.1. Asia Pacific Milk Protein Concentrate Market, by Preparation (2023-2030) 7.2. Asia Pacific Milk Protein Concentrate Market, by Application (2023-2030) 7.3. Asia Pacific Milk Protein Concentrate Market, by Country (2023-2030) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Milk Protein Concentrate Market (2023-2030) 8.1. The Middle East and Africa Milk Protein Concentrate Market, by Preparation (2023-2030) 8.2. The Middle East and Africa Milk Protein Concentrate Market, by Application (2023-2030) 8.3. The Middle East and Africa Milk Protein Concentrate Market, by Country (2023-2030) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Milk Protein Concentrate Market (2023-2030) 9.1. Latin America Milk Protein Concentrate Market, by Preparation (2023-2030) 9.2. Latin America Milk Protein Concentrate Market, by Application (2023-2030) 9.3. Latin America Milk Protein Concentrate Market, by Country (2023-2030) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Fonterra 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Westland 10.3. Nutrinnovate Australia 10.4. Atura 10.5. Darigold Ingredients 10.6. Idaho Milk 10.7. Erie Foods 10.8. Grassland 10.9. Kerry 10.10. Sachsenmilch Leppersdorf Gmbh 10.11. Lactalis Group 10.12. Cobot Creamery Cooperative 10.13. Supoto Inc. 10.14. Royal Frieslandcampina N.V 10.15. Dana Dairy Group