Milk Protein Market Size By Type , Livestock and Application

Milk protein is composed of numerous specific proteins, the primary group of milk proteins being the caseins. There are 3 or 4 types of caseins in the milk of most species. The different caseins are distinct molecules but are similar in structure. The Global Milk Protein Market Size is anticipated to grow at 6.5% CAGR from 2016 to 2021 and it is estimated that the global market was valued at USD 9.78 billion in 2016 and is expected to reach USD 13.40 billion by 2021.The rest of the proteins present in milk are grouped together under the name of whey proteins. The main milk proteins, including the caseins, ß-lactoglobulin, and a-lactalbumin, are produced in the mammary epithelial cells and are only manufactured by the mammary gland. The immunoglobulin and serum albumin in milk is not produced by the epithelial cells, instead, they are absorbed from the blood. Caseins have an appropriate amino acid composition required for growth and development of the nursing young. This high-quality protein in cow milk is one of the main reasons why milk is such an important human food.

The milk protein market is one of the fastest-growing products among the dairy products mainly due to the growing trend of reducing the fat content and calorie content, thereby leading to an increase in the protein content in food products. With the rising awareness about health and nutrition products among the global population, wide applications of milk protein and positive investigations for health benefits create a platform for newer applications of protein, which drives the increase in demand and market growth for protein-based food products.

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Furthermore, growth in the number of health conscious consumers coupled with the rise in the preferences of consumers to consume the food products with protein content and low in calorie content are expected to drive the market growth. Moreover, the increase in the consumption of the sports nutrition which is rich protein concentrate by the health conscious consumers, rise in the for nutritious products and increase in demand for premium products is further going to boost the market growth. However, the lack of awareness among consumers related to the benefits associated with the consumption of milk protein concentrate in various emerging countries is going to affect the market growth negatively.

The Global Milk Protein Market Segmentation by Type, Livestock, Form, and Application. On the basis of Type, it is segmented into MPC, MPI, MPH, Casein and Caseinates, WPC and WPI. On the basis of Livestock, it is segmented into Clinical Cow, Buffalo, and Goat. On the basis of Form, it is segmented into Dry and Liquid. On the basis of Application, it is segmented into Sports Nutrition, Infant Formula, and Dairy Products

On the basis of geography, the market is analyzed under various regions namely North America, Europe, Asia Pacific and Middle East and Africa. North America is anticipated to hold the largest share of the market, followed by Europe over the forecast period. This is mainly due to the relatively high consumption of milk products rich in protein content. Asia Pacific is anticipated to register the highest growth in the coming years primarily due to the rise in the population and growth in the consumer preferences for the food products rich in nutritional content in countries such as India and China.

Milk Protein Market Leaders are Lactalis Ingredients, Fonterra Co-operative Group, FrieslandCampina, Arla Foods, Saputo Ingredients, Glanbia PLC, Kerry Group plc, Havero Hoogwewt Group, Sachsenmilch Leppersdorf GmbH, and AMCO Protein.

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