According to the latest report by IMARC Group, titled "GCC Casein Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the GCC casein market is expected to grow at a CAGR of 5.8% during 2023-2028. Casein is a protein commonly found in cheese and milk. It is widely used as a food and a source of nutrition. It helps in muscle growth and repair, improves bone health, and helps regulate blood sugar levels. Apart from extensively being used in the food sector, it is developed to dissolve in solvents as it contains significant calcium and calcium ions, as well as has a viscosity of about 2.5 per cent. It is used to make meals, medications, nutritional supplements, and cosmetics due to its high protein content.
GCC Casein Market Trends:
The market in GCC is majorly driven by the rising health consciousness among consumers. In line with this, the increasing awareness regarding the benefits of casein is significantly contributing to the market growth across the region. Furthermore, the growing demand for ready-to-eat (RTE) snacks and baked food products, wherein casein is used to improve the nutritional content and enhance the texture, is positively influencing the market. Apart from this, various market players are actively working toward introducing natural and organic sources to sustainably manufacture casein without artificial additives and hormones, thus creating a positive outlook for the market. Moreover, the widespread application of casein across various industrial verticals is catalyzing the market. Besides, the easy availability of casein across e-commerce platforms and the inflating disposable income levels are propelling the market. Additionally, the escalating demand for casein protein in textiles and the rising demand for protein-based nutritional products among athletes and fitness enthusiasts are also providing a boost to the market across the GCC region.
- On the basis of the product type, the market has been segmented into rennet casein and acid casein.
- Based on the end use, the market has been classified into food and beverage, pharmaceutical, cosmetics, industrial, and others.
- On the basis of the region, the market has been divided into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain.
- The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
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