The global demand for Milk Protein Concentrates Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Milk Protein Concentrates refers to high protein spray-dried powder manufactured from skim milk by batch ultrafiltration/diafiltration. MPC contains up to 90 percent of the milk protein. The ratio of micellar casein, whey proteins, and bioactive proteins in MPC is similar to that of milk. MPC is ideal for a wide range of applications, that includes cheese products, dairy-based beverages, baby nutrition/food, enteral food, weight management products, cultured products, dietary supplements, and sports nutrition products. Typically, milk protein concentrates offer a protein source for nutritional, sensory, and functional properties in the final application.
The growing demand for protein-rich and nutritious food products are the key drivers of the milk protein concentrates market. These demands are reinforced by several factors that include, increasing consumer awareness regarding a healthy diet, increasing incidences of health-related issues, increasing working women population base, and changing socio-demographics. However, milk cost uncertainties can slow-down the global growth of this market. Also, the growing preference for plant-derived protein like soy & wheat proteins can restrain business opportunities. On the other hand, amidst ongoing global crisis demand for plant-based and animal-based protein is anticipated to surge with consumers opting for immunity-boosting supplements.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of milk protein concentrates.
The entire milk protein concentrates market has been sub-categorized into composition, nature, form and end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Use
- MPC 40%
- MPC 70%
- MPC 85%
- Infant Formula and Baby Foods
- Dietary Supplements
- Dairy Products
- Sports Nutrition
- Bakery & Confectionary
This section covers regional segmentation which accentuates on current and future demand for milk protein concentrates market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Milk Protein Concentrates Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the milk protein concentrates market include Kerry Group, Glanbia PLC, Grassland Dairy, Arla Foods, Fonterra Co-operative Group, Westland Milk Products, Tatura Milk Industries Ltd., Erie Foods International, Nutrinnovate Australia, Idaho Milk Products, Inc., Darigold Ingredients, Paras Dairy, ENKA SÜT A. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.