Global Dairy Protein Market - By Type, Application and Geography-Market Shares, Forecasts And Trends (2017 - 2022)

Published - Jan 2017 | Category - Food & Beverages | No. of Pages - 164 | Published By - Mordor Intelligence

Report Highlights

Dairy proteins have a unique combination of high nutritional values combined with excellent functionality. Increasing consumer awareness, especially for functional foods and dietary supplements, has been a critical factor for market development in recent times. Global animal protein production is a USD 1.35 trillion business in 2014, with the market for dairy standing out as the leading source of animal-based protein. The global dairy protein market was valued at USD 14.04 billion in 2013, and is projected to grow at a CAGR of 5.2% between 2015 and 2020.

Dairy proteins are now being used in a variety of novel and tasty applications to help consumers achieve the benefits of higher-protein diets, such as satiety, weight management, and muscle health .The major factors that are driving the dairy protein industry are awareness of health and well-being. With lifestyle diseases and obesity incidences on the rise, manufacturers are motivated to innovate and deliver products meeting the discerning needs of health-conscious consumers. In recent times, people have gained clearer understanding of the link between nutrition and health, and are looking for food and beverage products that can support their health goals. At the same time, globally, the dramatically rising senior population is looking to combat healthcare costs and age-related muscle loss. The number of people over the age of 60, globally, is forecast to increase from 11% of the world population in 2012 to 22% in 2050. Moreover, in developing countries, increased disposable incomes enable consumers to buy products that offer far greater nutritional impact and provide a great opportunity for the market to grow. On the other hand, availability of alternative options such as plant protein and stringent government regulations are restricting the market from growing.

The market of dairy protein has been segmented based on the ingredients, applications and regions. The ingredients market consists of whey protein concentrates and isolates, milk protein concentrates and isolates, casein and caseinates as the major products. The global market share of whey dairy protein is largely followed by casein and others. Whey powder, whey proteins and whey protein fractions accounted for a global market value of approximately USD 5.4 billion in 2014 and it is forecasted to grow rapidly in the coming years.

Based on the application of dairy proteins, the various sectors are food and beverage, infant formulations, personal care and animal feed to name a few. The benefits associated with dairy protein, food and beverage industries are expanding and innovating continuously. They provide ideal nutrition and application source for the functional food and beverages, therefore, meeting the modern day demand. Considering the complete protein, which contains all essential amino acids necessary to build and maintain muscles, are found mainly in animal sources of protein, including meat and dairy. Globally, the percentage of food and drink products launched with a slimming claim in the past five years, that includes whey protein, is trending upwards.

Europe and North America have the major share of dairy protein market due to the awareness and easy availability of products. However, Asia-Pacific is the major growing market in the years to come due to the increase in population and awareness about health benefits. Asia-Pacific is expected to grow at a CAGR of X.X % for the forecast period of (2017 - 2022).

The dairy protein market consists of various competitors. Expansions, acquisitions, agreements, and new product launches are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as FrieslandCampina (The Netherlands), Fonterra Co-Operative Group (New Zealand), Dairy Farmers of America (U.S.), Arla Foods (Denmark), and Glanbia Plc. (Ireland).

 In this report we offer

Market Definition for the specified topic along with identification of key drivers and restraints for the market

Market analysis for the Global dairy protein market, with region specific assessments and competition analysis on a global and regional scale

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their share of markets

Identification and analysis of the Macro and Micro factors that affect the Global dairy protein market on both global and regional scale

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

Why should you buy this report?

For getting a comprehensive overview of the Global dairy protein market

To gain wide ranging information about the major players in this industry and the strategies adopted by them

To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped

 

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