Milk Protein Concentrate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
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
Some of the most prominent competitors operating in the competitive landscape of global milk protein concentrate market include –
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
Based on the contents, the milk protein concentrate market is segmented into
Based on the end-use applications, the milk protein concentrate market is segmented into
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
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:
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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