The report is titled as ‘Dairy Proteins Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the dairy proteins market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The dairy proteins market is expected to grow at a significant rate in the near future.
The dairy proteins market size was valued at US$ 14.3 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2020 to 2028.
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Dairy Proteins Introduction
Dairy proteins, for instance, whey protein, milk protein, and casein are considered the initial sources of proteins providing various nourishing and valuable benefits on wellbeing. Along these lines, the consumption of dairy protein has augmented with milk being the most prodigal and the most popular source of protein.
The aroma and taste of dairy protein is more exorbitant than the freshly developing veggie lover proteins, which is a considerably primary driving factor for the growth of the global dairy protein market. The enhanced mindfulness and interest for wellbeing and nourishment are other core elements driving the worldwide dairy protein market.
Dairy Proteins Market Dynamics
The speedy growth in the adoption and consumption of protein-rich diets by the health conscious people around the world has led to the escalated demand of dairy proteins across the global markets. In addition to that, the manufacturers of dairy proteins hold an incredible chance to advertise their products utilizing the numerous health claims, which, as a consequence, act as a major factor for the rise in demand of dairy proteins. Attributing to which, the global dairy proteins market is projected to climb higher over the forecast period.
Other than that, due to the hectic schedule and bustling lifestyle of the population, nowadays, the number of people with weak metabolic health is increasing swiftly, which is also accelerating the demand of dairy proteins across the global markets, as they are adding in various dietary supplements in their regular diets for better well-being.
However, the rise in the adoption of veganism and growing incidences of lactose intolerance among the worldwide population are also one of the essential factors that have the potential to hamper the growth of the dairy protein market in the forthcoming years.
Although on the other hand, the great utility of dairy protein in the sports nutrition industry is yet estimated to put forward numerous growth opportunities for the dairy protein market over the forecast period.
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Dairy Proteins Market Segmentation
The dairy proteins market is segmented on the basis of product type, form, application, and region.
By Product Type
- Milk protein isolates (MPIs)
- Casein and caseinates
- Whey protein isolates (WPIs)
- Whey protein concentrates (WPCs)
- Milk protein concentrates (MPCs)
- Other product types
By Form
- Dry
- Liquid
By Application
- Bakery & confectionery
- Convenience food
- Clinical nutrition
- Sports nutrition
- Infant nutrition
- Food supplements
- Other applications
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Dairy Proteins Market Key Players
The key participating players of the global Dairy Proteins market include AMCO Proteins, Arla Foods, Fonterra Co-operative Group, Glanbia plc, Hoogwegt, Interfood, Kerry Inc., Royal FrieslandCampina N.V., Sachsenmilch Milk & Whey Ingredients, and Saputo Inc. among others
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