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The global dairy protein market reached a value of US$ 13.15 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 18.16 Billion by 2027, exhibiting a CAGR of 5.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Dairy protein has multifunctional properties, such as antimicrobial, immunomodulatory, and antithrombotic. It enhances metabolic health by stimulating the formation of skeletal muscle while assisting in weight loss and fat mass reduction. It also helps prevent cancer by enhancing cellular levels of glutathione and promoting hormonal and cell-mediated immune responses. In addition, it reduces insulin resistance, improves glycemic control in diabetes, and enhances osmotic pressure of blood. As a result, it finds extensive applications in food and beverage (F&B), personal care and cosmetics, and nutraceutical industries across the globe.
The growing utilization of dairy protein as a texture modifier, carrier, and thickening, gelling, and foaming agent in the food and beverage (F&B) industry currently represents one of the key factors driving the market. Moreover, there is a rise in the adoption of nutritious and healthy diets due to the increasing health awareness among the masses. This, along with the growing consumption of protein supplements prepared from dairy protein, is positively influencing the market. In addition, dairy protein assists in repairing damaged cells and enhancing the overall growth of the body. This, coupled with the rising consumption of milk for strengthening the bones of the children around the world, is propelling the growth of the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce products with enhanced properties, such as flavor, aroma, and performance, which is contributing to the growth of the market. Apart from this, the increasing global population with poor metabolic health across the globe is expected to bolster the growth of the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global dairy protein market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, form and application.
Breakup by Type:
Breakup by Form:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ace International LLP, AMCO Proteins, Arla Foods amba, Fonterra Co-operative Group Limited, Glanbia PLC, Grassland Dairy Products Inc., Groupe Lactalis, Idaho Milk Products, Kerry Group plc, Royal FrieslandCampina N.V., Saputo Inc., Schreiber Foods Inc., United Dairymen of Arizona and Westland Milk Products (Yili Group).
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Form, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Ace International LLP, AMCO Proteins, Arla Foods amba, Fonterra Co-operative Group Limited, Glanbia PLC, Grassland Dairy Products Inc., Groupe Lactalis, Idaho Milk Products, Kerry Group plc, Royal FrieslandCampina N.V., Saputo Inc., Schreiber Foods Inc., United Dairymen of Arizona and Westland Milk Products (Yili Group).|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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