36%
Milk Protein Market

Original price was: $3,000.00.Current price is: $1,900.00.

The Milk Protein Concentrates Market report is a comprehensive 120-page analysis of industry trends, market dynamics, and key players. It covers market size, growth factors, regional insights, and future projections, providing valuable data for stakeholders in the dairy and food industry.

Category:

Description

Milk Protein Concentrates Market:  Opportunity Analysis and Industry Forecast, 2024-2034

Milk Protein Concentrates Market Overview:

The Milk Protein Concentrates Market size is estimated at 1.12 billion USD in 2024, and is expected to reach 2 billion USD by 2034, growing at a CAGR of 10.3% during the forecast period (2024-2034).

The Milk Protein Concentrates (MPC) market is a dynamic and rapidly evolving sector within the global dairy industry. MPCs are derived from milk through a concentration process that removes the lactose, water, and some minerals, leaving behind a protein-rich product. The market is driven by the increasing demand for high-protein food products and the versatile applications of MPC in various industries.

With a rising awareness of the nutritional benefits of protein, MPCs find extensive usage in the food and beverage sector, including dairy products, infant formula, sports nutrition, and functional foods. The functional properties of MPC, such as emulsification, gelation, and solubility, contribute to its widespread adoption in food processing.

Geographically, the market spans across regions, with key players operating globally. The competitive landscape is characterized by innovation in product development, strategic partnerships, and a focus on meeting the evolving consumer preferences for healthier and protein-enriched food options.

As consumers continue to seek convenient and nutritious food choices, the Milk Protein Concentrates market is poised for sustained growth, presenting opportunities for industry players to explore new applications and enhance production capabilities.

Milk Protein Concentrates Market  – Report Coverage:

The “Milk Protein Concentrates Market Report – Forecast (2024-2034)” by Digiroads Consulting, covers an in-depth analysis of the following segments in the Milk Protein Concentrates Market.

Attribute Segment
By Type
  • MPC 70
  • MPC 80
  • Others
By End-Use Industry
  • Food IndustryBeverage Industry
  • Nutraceuticals
By Form:
  • Powdered Form
  • Liquid Form
By Application:
  • Functional Foods
  • Dietary Supplements
  • Processed Foods
By Source:
  • Dairy-Based MPC
  • Plant-Based MPC
By Distribution Channel:
  • Direct Sales to Manufacturers
  • Retail Sales
By Brand Positioning:
  • Premium MPC Products
  • Mainstream MPC Products
  • Value MPC Products
By Customer Type:
  • Industrial Buyers
  • Small and Medium Enterprises (SMEs)
By Packaging Type:
  • Bulk Packaging
  • Consumer Packaging
By Location
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Recent Developments : 

The global milk protein concentrate (MPC) market is exhibiting exciting developments, driven by factors like rising health awareness, expanding applications, and innovative production methods. Here’s a glimpse into the recent trends:

Market Growth:

Regional Growth: While Asia Pacific currently leads the market, regions like North America and Europe are experiencing significant growth due to rising health consciousness and disposable incomes.

Product and Process Innovations:

Advanced Filtration Techniques: New membrane filtration technologies are improving protein yield and purity, enhancing product functionality and marketability.

Microbial Fermentation: Emerging technologies like microbial fermentation are creating novel plant-based protein concentrates, appealing to vegan and sustainability-conscious consumers.

Functional Ingredient Development: Manufacturers are focusing on developing MPCs with specific functionalities like improved solubility, emulsification, and foaming properties, catering to diverse industry needs.

Application Expansion:

Sports Nutrition: MPCs are widely used in sports nutrition products like protein bars and powders due to their high protein content and essential amino acid profile.

Functional Foods and Beverages: Growing demand for fortified and functional foods & beverages is driving the use of MPCs as a natural source of protein, calcium, and other nutrients.

Infant Formula and Animal Feed: MPCs are increasingly used in infant formula due to their nutritional value and digestibility, and in animal feed to improve feed efficiency and animal health.

Sustainability Initiatives:

Circular Economy: Manufacturers are focusing on using recycled water and minimizing waste generation in production processes, aligning with sustainability goals.

Fair Trade Sourcing: Consumers are increasingly interested in ethically sourced ingredients, prompting a rise in fair trade milk protein concentrate options.

Challenges and Opportunities:

Fluctuating Milk Prices: Volatile milk prices can impact the cost of MPC production, posing a challenge for market stability.

Regulatory Hurdles: Stringent regulations on food additives and labeling can create hurdles for new MPC product introductions.

Competition from Plant-Based Alternatives: The growing popularity of plant-based protein sources presents both competition and potential for collaboration and innovation.

Milk Protein Concentrates Market – Dynamics:

The Milk Protein Concentrates (MPC) market is driven by a complex interplay of positive and negative dynamics, influencing its growth and direction:

Growth Drivers:

Rising Health Consciousness: Consumers are increasingly focused on protein intake for weight management, muscle building, and overall health, driving demand for protein-rich ingredients like MPC.

Expanding Applications: MPCs are versatile ingredients used in various industries like dairy products, sports nutrition, bakery, and animal feed, creating a diverse market demand.

Functional Properties: MPCs offer desirable functional properties like emulsification, whipping, and gelation, making them valuable additives in food formulations.

Growing Demand for Convenience: Consumers’ Preference for convenient and fortified foods like protein bars and beverages boosts the use of MPC as a readily available protein source.

Challenges:

Fluctuating Milk Prices: Milk is the primary raw material for MPC, and its volatile pricing can impact production costs and market stability.

Competition from Plant-Based Alternatives: Growing popularity of plant-based protein sources like pea protein and soy protein puts pressure on MPC market share.

Regulatory Landscape: Stringent regulations on food additives and labeling can hamper innovation and product introductions in the MPC market.

Sustainability Concerns: Concerns about dairy farming’s environmental impact and animal welfare raise the bar for sustainable production practices in the MPC industry.

Additional Dynamics:

Technological Advancements: New filtration techniques, fermentation processes, and ingredient modifications are enhancing the functionality and applications of MPC.

Regional Differences: MPC demand and consumption patterns vary considerably across regions based on dietary habits, cultural preferences, and economic factors.

Consumer Trends: Increasing demand for clean-label, natural, and minimally processed ingredients influences the development and marketing of MPCs.

E-commerce Growth: Online platforms are expanding access to MPC for businesses and consumers, potentially disrupting traditional distribution channels.

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Milk Protein Concentrates Market . The top 10 companies in this industry are listed below:

  1. Fonterra Co-operative Group Limited (New Zealand)
  2. Glanbia plc (Ireland)
  3. Arla Foods Ingredients Group (Denmark)
  4. Kerry Group plc (Ireland)
  5. Tatura Milk Industries Limited (Australia)
  6. Erie Foods International (United States)
  7. Idaho Milk Products, Inc. (United States)
  8. Darigold Ingredients (United States)
  9. Westland Milk Products (New Zealand)
  10. ENKA SÜT A.S. (Turkey)

Key Benefits For Stakeholders:

Dairy Producers and Suppliers:

Diversification of Products: Milk protein concentrates offer dairy producers the opportunity to diversify their product offerings and enter the high-protein ingredient m arket.

Market Expansion: Participation in the MPC market allows dairy producers to tap into global markets and cater to the growing demand for protein-rich products.

Food and Beverage Manufacturers:

Nutritional Enhancement: MPCs serve as high-quality protein ingredients, enhancing the nutritional profile of a wide range of food and beverage products, including dairy, bakery, and nutritional supplements.

Texture and Mouthfeel Improvement: MPCs contribute to improved texture, creaminess, and mouthfeel in various food applications.

Retailers:

Product Differentiation: Retailers can benefit from offering a variety of protein-enhanced products, meeting the demand of health-conscious consumers and differentiating their product portfolio.

Catering to Health Trends: As consumers seek healthier options, retailers can align with the trend by providing products containing MPCs.

Consumers:

Nutritional Value: Products containing MPCs provide consumers with a convenient and accessible source of high-quality protein, contributing to overall nutritional well-being.

Dietary Options: MPCs enable the creation of a variety of low-fat and high-protein dairy and non-dairy products, catering to diverse dietary preferences.

Investors:

Market Growth Potential: Investing in companies involved in the MPC market provides an opportunity to capitalize on the global growth of the protein ingredient market.

Innovation and Research: Investors can support companies engaged in research and development to innovate new MPC products and processes, driving competitiveness and market share.

Regulatory Bodies and Industry Associations:

Quality Standards: Setting and adhering to quality standards for MPCs ensure consumer safety and confidence in the products.

Industry Growth: Supporting policies that foster innovation, sustainability, and fair trade practices can contribute to the overall growth and sustainability of the MPC industry.

Research and Development Entities:

Innovation: Engagement in research and development allows for the creation of new and improved MPC products, addressing evolving consumer preferences and industry trends.

Process Optimization: Research entities can contribute to the development of more efficient and sustainable production processes for MPCs.

We have studied the USA Quick Service Restaurants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2034.

Contact us for any inquiry.

Table of Contents
  1. INTRODUCTION

   1.1 Study Assumptions & Market Definition

   1.2 Scope of the Study

  1. RESEARCH METHODOLOGY
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS

   4.1 Market Overview

   4.2 Market Drivers

   4.3 Market Restraints

   4.4 Porter’s Five Forces Analysis

       4.4.1 Bargaining Power of Suppliers

       4.4.2 Bargaining Power of Buyers

       4.4.3 Threat of New Entrants

       4.4.4 Threat of Substitute Products

       4.4.5 Intensity of Competitive Rivalry

  1. MARKET SEGMENTATION
  1. By Type:
    1. MPC 70: Contains about 70% protein content.
    2. MPC 80: Contains about 80% protein content.
    3. Others: Variations with different protein concentrations.
  2. By End-Use Industry:
    1. Food Industry: Used in bakery, confectionery, dairy, and other food applications.
    2. Beverage Industry: Used in protein drinks, smoothies, and other beverages.
    3. Nutraceuticals: Used in dietary supplements and health products.
  3. By Form:
    1. Powdered Form: Commonly used in various food and beverage applications.
    2. Liquid Form: Suitable for certain industrial uses and applications.
  4. By Application:
    1. Functional Foods: Including protein bars, snacks, and fortified foods.
    2. Dietary Supplements: Capsules, tablets, and powdered supplements.
    3. Processed Foods: Soups, sauces, and ready-to-eat meals.
  5. By Source:
    1. Dairy-Based MPC: Derived from milk sources.
    2. Plant-Based MPC: Derived from plant sources, such as soy or pea protein.
  6. By Distribution Channel:
    1. Direct Sales to Manufacturers: Business-to-Business (B2B) sales.
    2. Retail Sales: Through supermarkets, specialty stores, and online platforms.
  7. By Brand Positioning:
    1. Premium MPC Products: High-quality and specialty MPCs.
    2. Mainstream MPC Products: Standard offerings for broad market appeal.
    3. Value MPC Products: Economical options for cost-conscious consumers.
  8. By Customer Type:
    1. Industrial Buyers: Large-scale manufacturers and processors.
    2. Small and Medium Enterprises (SMEs): Smaller businesses and producers.
  9. By Packaging Type:
    1. Bulk Packaging: Large quantities for industrial use.
    2. Consumer Packaging: Smaller quantities for retail consumers.
  10. By Region:
    1. North America
    2. Europe
    3. Asia-Pacific
    4. Latin America
    5. Middle East & Africa
  1. COMPETITIVE LANDSCAPE

   6.1 Most Adopted Strategies

   6.2 Market Share Analysis

   6.3 Company Profiles

  • Fonterra Co-operative Group Limited (New Zealand)
  • Glanbia plc (Ireland)
  • Arla Foods Ingredients Group (Denmark)
  • Kerry Group plc (Ireland)
  • Tatura Milk Industries Limited (Australia)
  • Erie Foods International (United States)
  • Idaho Milk Products, Inc. (United States)
  • Darigold Ingredients (United States)
  • Westland Milk Products (New Zealand)
  • ENKA SÜT A.S. (Turkey)
  1. MARKET OPPORTUNITIES AND FUTURE TRENDS

 

Related products