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 report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Dairy Protein Market.
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Dairy Protein Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Dairy Protein market.
Dairy Protein Market Regional Insights
A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.
Dairy Protein Market Segmentation
Solid dairy protein and liquid dairy protein are the parts according to form. In 2022, the market for dairy proteins was led by the solid dairy protein category. During the forecast period (2022-2029), this market is anticipated to expand at a CAGR of 9.5%. The majority of dairy products, including cheese, butter, ice cream, and others, are offered in solid form. The global market for solid daily proteins is directly fueled by these products. Another factor contributing to the dominance of solid dairy proteins on the worldwide market is that they have a longer shelf life than liquid dairy products.
Whey protein, Milk Protein Concentrates (MPCs), and Casein and its derivatives are the sectors listed by kind. In 2022, whey protein had the largest market share of all dairy proteins. The market for milk protein concentrate is anticipated to expand at a CAGR of 5.5% from 2022 to 2029. Casein is one of numerous proteins and enzymes found in dairy products. Caseins are less water-soluble than MPCs and whey proteins. During the aforementioned forecast period, this is anticipated to restrain the casein segment's expansion. Whey, a byproduct of the milk curdling process, is a common ingredient in processed dairy goods. Cheddar or Swiss cheese processing results in the production of sweet whey. The numerous commercial uses for whey protein are anticipated to fuel the expansion of this segment in the global dairy protein market in the same forecast period.
Food and Beverages, Infant Nutrition, Personal Care and Cosmetics, and Other are the segments listed by application. In 2022, Food and Beverages accounted for more than half of the worldwide dairy protein market. This market is anticipated to expand at a CAGR of 8.3% from 2022 to 2029. The fact that dairy protein is a staple dietary item consumed worldwide accounts for this rise. This segment's growth is positively impacted by the expansion of other dairy-based food and beverage markets. In the same forecast period, this tendency is anticipated to persist. According to projections, the global dairy protein market will be dominated by the baby nutrition segment.
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
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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Key questions answered in Dairy Protein Market are:
- What is the Dairy Protein market size of the dominating region?
- What was the Dairy Protein market size in 2022?
- What is the expected Dairy Protein market size by 2029?
- What is the growth rate of the Dairy Protein Market?
- Which are the factors expected to drive the Dairy Protein market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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