Global Dairy Protein Market – Outlook
Protein is an essential nutrient that body needs to build and maintain muscle. Dairy protein is one of the vital source of protein which meet the protein requirement of billions of people. Dairy protein is also regarded as a complete protein sources as it contains all the essential amino acid profiles. As consumers are getting more aware of the link between health and nutrition, they are moving towards the nutritional food products. There is an increase in the consumption of protein-rich food products among consumers to supplement their protein requirements. Since the dairy products are one of the most consumed products, consumers preference for dairy protein is higher than other protein sources.
Dairy protein is complex organic molecules with functional and nutritional properties, whey protein isolates, whey protein concentrate and milk protein isolates are examples of the successful specialty dairy protein which contains the numerous health benefits. For the treatment of ulcers in stomach and intestine, diarrhea and hepatitis C dairy protein is useful. Casein is often used to improve emulsification functionality, as increasing risk of disease and other side effects, the consumer gives less preference for proteins that are derived from meat.
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Growing Demand for Protein Enriched Food is Fueling the Growth of Dairy Protein Market
The dairy protein market is driven by growing market for pediatric food, global trends in health and wellness and by some of other factors. Moreover, dairy protein also associated with the various health benefits. Dairy proteins are eminent food items for people with obesity disorder and also help to meet the demand of essential amino acids. Another considerable factor is due to rising awareness about nutritional enrichment and a healthy lifestyle, the consumption of protein ingredients has been increasing which subsequently benefitting the global dairy protein market. Increasing sports and fitness activities is also one of the major driving factor for the global dairy protein market. Protein is used to increase glucose levels maintain muscle mass, and immune response. The health consciousness among the consumers contributing to the growth of the global dairy protein market. On the other side, plant-based protein as the alternative and increasing instance for lactose intolerance are restraints for the dairy protein market.
Global Dairy Protein Market –Segmentation
On the basis of nature, the global dairy protein market has been segmented as
- Organic
- Conventional
On the basis of type, the global dairy protein market has been segmented as
- Milk Protein Isolates (MPIs)
- Milk Protein Concentrates (MPIs)
- Whey Protein Isolates (WPIs)
- Whey Protein Concentrates (WPCs)
- Casein and Caseinates
- Others
On the basis of form, the global dairy protein market has been segmented as
- Powder
- Liquid
On the basis of end use, the global dairy protein market has been segmented as
- Food Processing Industry
- Bakery
- Confectionery
- Dairy & Desserts
- Snacks & Cereals
- Others
- Beverage Industry
- Nutraceuticals
- Infant formulation
- Personal care and cosmetics
- Animal feed
- Others
On the basis of region, the global dairy protein market has been segmented as
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
Global Dairy Protein Market – Key Players
Some of the major key players of global dairy protein market are Idaho Milk Products, Westland Co-operative Dairy Company, Anchor, United Dairymen of Arizona, Fonterra Co-operative Group, Grassland Dairy Products, Inc., Inc., Eriefoods.com, AMCO Proteins, Milk Specialties, Tatura Milk Industries, ACE International and Avani Food Products.
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Opportunities for the new participant in the global dairy protein market
The global dairy protein market is expected to grow substantially, owing to increasing health concerns among consumers. Moreover, companies are focusing to increase investment in their product portfolio along with an increase in customer service. The consumer’s interest in sustainability, animal welfare, etc. are changing the market and so the food and nutrition and beverage manufacturers are trying to innovate their product. Food and beverages manufacturer are boosting the protein content of product to tap into the growing health and wellness trend. North America and Europe are the mature markets for dairy products. Besides, the Asia Pacific and the Middle East and Africa is expected to provide space for the target market during the forecasted period. Dairy protein is a highly valued ingredient in the food industry and performs multifunctional roles when used in food applications
COVID 19 Impact on Global Dairy Protein Market
COVID-19 disease outbreak is currently creating the harder circumstances to the food and beverage industry. The dairy industry and food processing companies are also affected from this global pandemic, as currently there priority focus is on milk and other dairy-based essential products. The dairy protein production process requires the high amount of operational work that currently affected by the COVID-19 disease due to lack of labor, and focus on production of other essential dairy products. Nevertheless, milk production has minimal affect as it is among the daily need of the consumers. Therefore, the COVID-19 has the moderate effect on the dairy protein market.
