Milk Protein Concentrate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Milk Protein Concentrate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : March, 2020 | Food and Beverages | PPT format

Report Digest


Milk protein concentrates are milk products with concentrated contents of milk protein. Milk protein concentrates are produced by processing skim milk. In the United States, milk protein concentrates are defined as “any complete milk protein concentrate (lactalbumin and casein) that contains 40% or more protein by weight.”

Producing milk protein concentrates from skim milk involves a series of procedures such as ultrafiltration, evaporation, and spray drying. Ultrafiltration separates whole milk into skim milk and cream, removing the liquid to obtain small molecules of protein and minerals. Milk protein concentrates are normally produced in the dry, powder form, and can be used in various dairy and food products, including desserts and energy bars, which mainly drives the milk protein concentrate market.

Milk Protein Concentrate Market – Notable Developments

  • In July 2018, Fonterra’s global dairy ingredients brand – NZMP announced that it will launch a new range of milk protein concentrates in the North American region. The company announced that the new product range will include fast-digesting milk protein concentrates and 14% high-protein ready-to-drink medical beverage. Fonterra also made announcements about its partnership with The a2 Milk Company (a2MC), which is mainly aimed at expanding company’s existing product range that includes recent additions such as low-lactose, organic and high protein milk products.
  • Westland Co-operative Dairy Company Limited – a New Zealand-based stakeholder in the milk protein concentrate market – recently announced that it has signed a Memorandum of Understanding with PT Sanghiang Perkasa (Kalbe) – a health and nutrition company based in Indonesia. The company aims to build a strong presence in South East Asia by leveraging Kalbe’s reach across a large consumer base in the region.
  • Idaho Milk Products, another US-based player in the milk protein concentrate market recently declared its plans to expand its milk processing facility in Jerome, Idaho by one-third. The company also announced that it will invest nearly US$ 26 million in the expansion of the facility in order to accommodate an additional 1 million pounds of locally sourced milk each day.

Some of the most prominent competitors operating in the competitive landscape of global milk protein concentrate market include –

  • Westland
  • Fonterra
  • Tatura
  • Erie Foods
  • Nutrinnovate Australia
  • Idaho Milk
  • Darigold Ingredients
  • Grassland
  • Paras
  • Glanbia
  • Enka S�t
  • Kerry

Milk Protein Concentrate market Dynamics

Health-conscious Consumers Seeking Nutritious On-the-go Snack Options Trigger Milk Protein Concentrate market Growth

An alarming rise in the prevalence of lifestyle diseases, such as cardiovascular diseases and diabetes, is encouraging consumers to adopt healthier eating habits. The recent developments in the milk protein concentrate market are mainly attributed to the palpable shift in dietary habits of a large consumer base, which is inclined towards food products with more nutrition.

Furthermore, the fast-paced lifestyle has been attributed for the increasing trend of healthy snacking. Growing popularity of nutritious food products for on-the-go snacking is emerging as a prominent trend among young-adult consumers. Leading players in the milk protein concentrate market are capitalizing on the increasing demand for healthy snacks and improving profitable sales of milk protein concentrates with the rapidly-multiplying number of health-conscious consumers worldwide.

Increasing Consumption of Protein for Weight Management will Boost Milk Protein Concentrate market Growth

The health and wellness trend is on the rise among consumers across the world, especially in developing countries. Growing prevalence of obesity is triggering consumers to engage in physical fitness activities and concentrate on obtaining specific nutrients to accelerate weight loss processes. The belief the consuming more proteins can speed up fat loss is taking roots among consumers, which is likely to augur well for the milk protein concentrate market.

New-generation dairy ingredients, such as milk protein concentrates, hold great potential for foods and beverages with high protein content, thereby leading players in the milk protein concentrate market are aiming to capitalize on the substantial rise in demand for high-protein foods by targeting leading players in the food & beverage industry.

Fluctuating Dairy Prices Worldwide – A Prominent Challenge for Milk Protein Concentrate market Players

Being a raw material dependent market, the growth and development of the milk protein concentrate market is mainly influenced by the supply and prices of milk, which is the primary raw ingredient used in the manufacturing of milk protein concentrates. A variety of factors that impact the milk industry and dairy prices remain instrumental in driving or impeding growth of the milk protein concentrate market. Thereby, uncertainties associated with milk prices and supply continue to remain a prime challenge for milk protein concentrate market player.

Milk Protein Concentrate market Segmentation

Based on ingredient types, the milk protein concentrate market is segmented into

  • Milk Protein Concentrates (MPC)
  • Milk Protein Isolates (MPI)
  • Co-precipitates
  • Blends
  • Total Milk Proteins (TMP)

Based on the contents, the milk protein concentrate market is segmented into

  • 85%
  • 70%-85%
  • 70%

Based on the end-use applications, the milk protein concentrate market is segmented into

  • Nutrition products
  • Dairy products
  • Cheese products
  • Others

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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