Dairy Protein Market size was valued at USD 11.78 Billion in 2022 and the total Dairy Protein revenue is expected to grow at 5.8% through 2023 to 2029, reaching nearly USD 17.49 Billion.

 

Dairy Protein Market Overview:

Dairy Protein Market Research Report investigated the current status of definitions, classifications, applications, and the industrial chain structure. The research provides impartial professional commentary on the present market state, prior market performance, production and consumption rates, demand and supply ratios, and forecast income generation predictions. The  Dairy Protein market study also includes information on the leading businesses participating in the  Dairy Protein sector’s strategic goals and company growth objectives. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand marketing, and product launches are among the tactics considered in the research. To summarise what has previously been said, the study provides a comprehensive picture of the  Dairy Protein sector in both global and regional markets.

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Dairy Protein Market Dynamics 

A major driver for the global dairy protein market is the need for infant formula for newborns and babies who are in the pre or early weaning age. According to a study published by WHO, there were 29 infant deaths for every 1000 infants born in 2022. One of the primary reasons behind this statistic was infant malnutrition. There is a high demand for infant formula whose mothers died in childbirth or other reasons. These infants need other alternatives to breast milk. These factors are projected to drive the global dairy protein market.

A major restraint in the global dairy protein market is the rise of the veganism movement. Veganism promotes restrictions on all animal-based products like meat and milk unlike vegetarianism which promotes dairy products. The rise of veganism movements in developed countries like the U.S, Canada and the EU is projected to hamper the global dairy protein market growth.

COVID-19 Impact on Dairy Protein market:

The COVID-19 epidemic has had a significant impact on the global  Dairy Protein industry.  Dairy Protein Production facilities have been halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led in a significant and extended drop in production utilisation, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the  Dairy Protein market to decelerate in 2020. The negative impact of COVID-19 on the  Dairy Protein market, on the other hand, is expected to be brief, and the sector is expected to revive fast by early 2021, owing to robust demand for  Dairy Protein.

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Regional Analysis:

The region section of the research additionally covers important market influencing factors and changes in market regulation that have an influence on the market’s present and future trends. Some of the primary elements utilised to analyse the market scenario for various locales are new sales, replacement sales, national demography, regulatory activities, and import-export tariffs. Furthermore, while offering forecast analysis of national data, the existence and availability of global brands, as well as the challenges they face owing to strong or weak competition from local and domestic brands, as well as the impact of sales channels, are considered.

Dairy Protein Market Segmentation:

by Form

Solid
Liquid

by Type

Whey protein
Milk Protein Concentrate
Casein and derivatives

by Application

Food and Beverages
Infant Nutrition
Personal Care and Cosmetics
Other

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Dairy Protein Market Key players:

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

The study includes a thorough examination of the  Dairy Protein market’s presence in various industries and countries. By doing a detailed geographical examination of the industry, the research analyst hopes to uncover hidden development potential that may be used by firms in various regions of the world. Global  Dairy Protein Market research gives precise information that helps market participants to compete successfully with their most important competitors in terms of growth, sales, and other critical factors. Significant market components such as market drivers and obstacles are distinguished from critical development prospects and industry trends in the research study.

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