Dairy Protein Market size was valued at US$ 11.78 Billion in 2022 and the total Dairy Protein revenue is expected to grow at 5.8% through 2023 to 2029, reaching nearly US$ 17.49 Billion.
Dairy Protein Market Overview:
The study is based on thorough research, qualitative and quantitative assessment by industry experts, and inputs from professionals in the field and supply chain players. The research examines parent market trends, macroeconomic data, and controlling variables in-depth, as well as market attractiveness by segment. The qualitative influence of key market variables on market segments and regions is also mapped out in the study.
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Dairy Protein Market Scope:
This Dairy Protein market review examines the latest developments, regulatory frameworks, trade analysis, business model, supply chain utilization, market dominance, the impact of residential and localized market participants, assessments possibilities in terms of evolving revenue spots, shifts in market regulations, tactical industry growth analysis, sales volume, categorical market growth, implementation niches and dominance, product releases, global coverage, and, product launches. Contact Stellar Market Research for an Analyst Brief to learn more about the Dairy Protein market. Our staff will assist you in making an educated market decision to achieve market growth.
Dairy Protein Market Segmentation:
Solid dairy protein and liquid dairy protein are the divisions categorized by form. In 2022, the solid dairy protein category held a dominant position in the worldwide dairy protein market. During the forecast period (2022-2029), this market is anticipated to expand at a CAGR of 9.5%. Most dairy products are available for purchase as solids, such as cheese, butter, ice cream, etc. The global market for solid daily proteins is directly driven by these products. Another factor contributing to the dominance of solid dairy proteins in the worldwide market is their longer shelf life compared to liquid dairy products.
Whey protein, milk protein concentrates (MPCs), and casein and derivatives are the segments arranged according to type. In 2022, whey protein accounted for the largest portion of the global dairy protein market. Over the projection period (2022–2029), the milk protein concentrate segment is expected to rise at a CAGR of 5.5%. Casein is one of the many proteins and enzymes found in dairy products. Compared to caseins, MPCs and whey proteins are more soluble in water. It is anticipated that during the above mentioned forecast period, this will impede the casein segment’s growth. Many commercial dairy products contain whey, a byproduct of the milk curdling process. When cheddar or swiss cheese is processed, sweet whey is produced.
Food and Beverages, Infant Nutrition, Personal Care and Cosmetics, and Other are the segments categorized by Application. In 2022, food and beverages accounted for over half of the dairy protein market share worldwide. Throughout the predicted period (2022–2029), this segment is expected to increase at a CAGR of 8.3%. The fact that dairy protein is a staple diet consumed by people all around the world can be blamed for this rise. This segment’s growth is positively impacted by the expansion of other dairy-based food and beverage markets. During the same forecast period, this tendency is anticipated to continue. According to projections, the global dairy protein market will be dominated by the baby nutrition segment. Colostrum, an early-lactation milk that boosts the immune system, is being replaced by a number of novel infant feeding formulae.
1 Global Dairy Protein Market, by Form (2022-2029)
• Solid
• Liquid
2 Global Dairy Protein Market, by Type (2022-2029)
• Whey protein
• Milk Protein Concentrate
• Casein and derivatives
3 Global Dairy Protein Market, by Application (2022-2029)
• Food and Beverages
• Infant Nutrition
• Personal Care and Cosmetics
• Other
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Dairy Protein Market Key Players:
To extend their presence in emerging nations and eventually broaden their client base, the key players in the market are embracing different growth tactics such as agreements and strategic alliances, as well as new product debuts. The following are some of the major participants in the Dairy Protein market:
1. Archer Daniels Midland Company
2. Arla Foods Amba
3. Kerry Group PLC
4. Saputo, Inc.
5. Fonterra Co-operative Group Limited
6. Royal Frieslandcampina N.V.
7. Schreiber Foods, Inc.
8. Lactalis Group
9. DANA Dairy Group Ltd.
10.Agri-Mark, Inc.
11.Anchor
12.United Dairymen of Arizona
13.Grassland Dairy Product
14.PepsiCo
15.Eriefoods.com
16.Glanbia plc
17.Unternehmensgruppe Theo Müller
18.Tatura Milk Industries Ltd
19.Milk Specialties
20.LAÏTA PGC
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Regional Analysis:
Individual market affecting elements and changes in market legislation that affect present and future marketing strategies are also discussed in the country-focused discussion of the Dairy Protein market study. Some of the primary elements utilized to anticipate the market situation for particular nations are consumer volumes, processing facilities, and inventories, shipping analysis, price predictive modeling, price of raw materials, and upstream and downstream value chain analysis. While offering forecast analysis of the national data, the existence and affordability of global brands, as well as the obstacles they face due to significant or limited rivalry from local and domestic manufacturers, the influence of local tariffs, and shipping lanes are all taken into account.
COVID-19 Impact Analysis on Dairy Protein Market:
The COVID-19 outbreak resulted in a severe and prolonged decline in production efficiency, while travel bans and factory closures kept people away from their businesses, leading the Dairy Protein market to slow in 2020. The new research features pandemic’s impact on the Dairy Protein# market, as well as observations, research, estimations, and projections. The Stellar Dairy Protein Market Research study contains an in-depth examination of customer behavior in the aftermath of the virus, as well as its influence on the Dairy Protein market’s outlook, classification, trends, and economic constraints.
Key Questions Answered in the Dairy Protein Market Report are:
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- What are the drivers motivating overall Dairy Protein market advancement in the upcoming period?
- What revenue potential is estimated from the Dairy Protein market’s transactions in the years ahead?
- What CAGR potential is forecasted for the Dairy Protein market in the approaching period?
- Who are the significant contenders functioning in the Dairy Protein market?
- Which region is leading the global Dairy Protein market share at the end of the forecast period?
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