Milk Protein Concentrate Market to Cross $7.64 Billion at 6.7% CAGR by 2034: Fact.MR Analysis

Rockville, Dec. 4, 2023 (GLOBE NEWSWIRE) — Fact.MR, a provider of market research and competitive intelligence, says the global market

It is estimated at $4.01 billion by 2024 and is expected to reach $7.64 billion by the end of 2034.

The dairy protein concentrates (MPC) market is showing healthy growth, driven by increasing consumer awareness of high-protein diets and increasing application of MPC in various food and beverage products. There is a notable trend towards functional foods and MPCs play a crucial role in meeting this demand. The incorporation of MPC into functional products, such as nutritional bars and shakes, reflects consumer preference for convenient, health-enhancing food options.

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Key segments of

Milk Protein Concentrate

Industry Research Report

MPCs are being recognized in the sports nutrition industry for their high protein content and rich amino acid profile, which aids muscle recovery and performance. Continued advances in processing technologies are further improving the quality and functionality of MPCs. Consumer preference for clean label products and sustainability are influencing consumer purchasing decisions. MPC, with its minimal processing and natural origin, aligns with these trends, contributing to its popularity among environmentally conscious and health-focused consumers.

Key takeaways from the market study

• Global demand for dairy protein concentrates is forecast to expand at a CAGR of 6.7% between 2024 and 2034.

• The US market is expected to reach $1.78 billion by the end of 2034.

• Germany, with its strong emphasis on functional foods and dairy innovation, is a profitable market for dairy protein concentrate suppliers.

• Dairy protein concentrate sales in Japan are projected to increase at a CAGR of 6.3% through 2034.

• The demand for highly concentrated dairy protein is estimated to have a market value of $1.69 billion in 2024.

“The global health and wellness trend is one of the key factors driving sales of dairy protein concentrates.”

says a Fact.MR analyst.

Competitive analysis

Major players in the milk protein concentrates market include Fonterra Co-operative Group, Arla Food Ingredients Group, Glanbia Plc, Kerry Group and Saputo Inc. Leading companies are focusing on innovations, quality assurance and strategic collaborations to maintain their positions in the market and increase their share of profits.

Prominent players in the dairy protein concentrate sector are implementing various marketing tactics, including product diversification, innovations, partnerships, geographic expansion, sustainability initiatives, investments in research and development, and alignment with market trends. These strategies aim to improve revenue growth and maintain a competitive advantage.

• In January 2023, Molvest Group opened new facilities at its plant based in Kalach, Voronezh Region, dedicated to intensive milk processing. The goal is to manufacture milk protein concentrate (MPC), a crucial ingredient used in soft cheeses, ready meals, meat products, and diet and sports nutrition products.

Milk protein concentrates (MPC) are appreciated for their high protein content, making them an optimal choice for nutritional products. Protein, a vital macronutrient, plays a key role in supporting muscle development, aiding in weight management and providing a sustained feeling of satiety. The concentrated protein content of milk provides an effective basis for developing products that effectively address these nutritional requirements.

The versatility of MPCs allows for seamless integration into various formulations including protein bars, shakes, nutritional drinks and powdered supplements. This adaptability amplifies the use of MPCs as ingredients, facilitating the creation of a wide range of nutritional products adapted to diverse consumer preferences.

Most valuable information

in offer

Fact.MR, in its new offering, presents an unbiased analysis of the global milk protein concentrates market, presenting historical demand data from 2018 to 2023 and forecast statistics from 2024 to 2034.

The study discloses essential information about the market based on nature (organic, conventional), form (liquid, powder), composition (MPC 40%, MPC 70%, MPC 85%), application (nutritional products, infant formulas and baby foods). you drink). dietary supplements, dairy, sports nutrition, baking and confectionery, packaged products, others), type of ingredient (total dairy proteins, coprecipitates, dairy protein isolates, mixtures, others), preparation method (coprecipitation, division by ultra-filtration) and concentration (low, medium, high), in six main regions of the world (North America, Latin America, Europe, East Asia, South Asia and Oceania, and MEA).

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