Milk Protein Concentrate Market: Global Market Analysis and Forecast (2023-2029)

Milk Protein Concentrate Market reached a value of US$ 2.84 Bn. in 2022. 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$ 4.08 Bn. by 2029.
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 Report
Milk 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 2029. 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 2029. 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 2022. 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.
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Global Milk Protein Concentrate Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
5.3%
US$2.84 Bn
US$ 4.08 Bn


Segments Covered


by Preparation
Co-Precipitation
Ultrafiltration
by Application
Packaged Products
Nutritional Products
Infant Formula
Others


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Holland
Turkey
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
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 2029?
Ans. The market size of the market is expected to be 4.08 Bn. by 2029.

4] What is the forecast period for the Milk Protein Concentrate Market?
Ans. The forecast period for the market is 2023-2029.

5] What was the market size of the Milk Protein Concentrate Market in 2022?
Ans. The market size of the market in 2022 was US$ 2.84 Bn.