Milk protein concentrate market is a milk extract that contains high level of encapsulated bioavailable calcium. As it contains high concentration of protein, it finds a wide range of applications in the food & beverages sector. Although it is majorly used in the preparation of packaged dairy products, it serves as a key ingredient in protein supplements, infant nutrition, and functional food. Asian countries are major producers and exporters of milk protein concentrate.
The growth of the global milk protein concentrate market can be attributed to surge in demand for nutritional food. In addition, owing to rise in awareness about health and nutritional food products, consumers are adopting healthy lifestyle & diet and increasing their protein intake by using protein supplements, thereby fueling the market growth. Moreover, busy lifestyle and increase in women participation in the labor force have shifted their focus toward nutritional needs of their babies, which are met by infant formula. Milk protein concentrate is one of the major components of infant formula, which is likely to drive the demand for dairy protein in the future. 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.
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The global milk protein concentrate market size was valued at $3,009.9 million in 2019, and is projected to reach $3,923.6 million by 2027, registering a CAGR of 5.3%.
Key players in the global Milk Protein Concentrate market covered:
Kerry Group
Wheyco Gmbh
Havero Hoogwewt
Friesland Campina DM
LATA
MGP Ingredients
Glanbia PLC, Idaho Milk Products
Fonterra Co-operative Group
Lactalis Ingredients
Amco Protein
Arla Foods
Saputo Ingredients
Sachsenmilch Leppersdorf Gmbh
On the basis of types:
>85%
70%-85%
<70%
Onthe basis of applications:
Dairy Products
Nutrition Products
Cheese Products
Others
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Key questions answered in the report include:
- What will be the market size and the growth rate by the end of the forecast period?
- What are the key Global Milk Protein Concentrate (MPC) Market trends impacting the growth of the market?
- What are the potential growth opportunities and threats faced by the leading competitors in the market?
- What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the Global Milk Protein Concentrate (MPC) Market?
- This report gives all the information regarding industry Overview, analysis and revenue of this market.
- What are the market opportunities and threats faced by the vendors in the Global Milk Protein Concentrate (MPC) Market?
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