Global Casein and Caseinate Market Fueled by Rising Awareness Regarding Healthy Food Habits


  • Published On : Oct 06, 2015

The global casein and caseinate market has witnessed a healthy rate of expansion in recent years. The rising awareness regarding healthy food habits among consumers has fueled the uptake of casein and caseinate. Casein is a protein, found in every mammal’s milk including human, cow, buffalo, sheep, yak, goat, and camel, whereas caseinate can be defined as a soluble salt of casein.

In 2014, the global market for casein and caseinate stood at US$2143.1 mn. Supported by the growing affluence of consumers, resulting in high demand for advanced nutritional products, this market is likely to expand at a CAGR of 4.70% and reach US$3564.4 mn by the end of 2025.

Industrial Casein, Sodium Caseinate, and Pharmaceutical and Cosmetic Industries to Dominate Global Market in Respective Categories 

There are two types of casein, namely industrial casein and edible casein, and three types of caseinate, viz. potassium, sodium, and calcium caseinate, available in the global market. Among these, industrial casein leads the global casein market with 90.20% share, whereas sodium caseinate dominates the worldwide caseinate market with a share of 45%. Rising demand for casein in the production of paints, plastic, glue, cheese, and various small-scaled application in the medical and healthcare industry is driving the industrial casein market significantly in recent times.

The food and beverages industry emerged as the biggest consumer of casein and caseinate in 2014, accounting for 72.9% of the global market. Analysts anticipate the market to report a healthy CAGR of 5.0% between 2015 and 2025. However, the casein and caseinate consumption in the pharmaceutical and the cosmetic industries is likely to surpass the demand volume from the food and beverages industry in the near future and position these segments as market leaders.

North America to Remain Leading Regional Casein and Caseinate Market

The global casein and caseinate market is spread across seven regions, namely North America, Latin America, Western Europe, the Rest of Europe, Asia Pacific excluding Japan, Japan, and the Middle East and Africa. North America holds the leading position among all the regional casein and caseinate markets due to a widespread as well as enduring presence of casein and caseinate in this region.

In 2014, North America accounted for around 34% of the overall market. Analysts expect this regional market to remain dominant in the near future and expand at a CAGR of 5.10% between 2015 and 2025. The rising population base of the well-to-do middle and high-income class in in this region is likely to propel the North America casein and caseinate market in the coming years.

Asia Pacific excluding Japan, together with Western Europe, occupied more than 37% of the global market for casein and caseinate in 2014. In addition to this, Asia Pacific Excluding Japan is likely to register the fastest growth rate in the forthcoming years on account of increasing demand for infant formula and ease of trade policies in the ASEAN region. The growing demand for food and beverages in this region is also expected to add to the growth of the Asia Pacific casein and caseinate market.

Global Casein and Caseinate Market: Competitive Landscape

Nestlé, Arla Foods, Danone, FrieslandCampina, Westland Milk Products, Fonterra, Saputo, and Groupe Lactalis are the major participants in the global casein and caseinate market. Mergers and acquisitions and strategic partnerships are the key trends among market players for the expansion of their businesses.

Browse Full Global Casein and Caseinate Market Research Report With Complete TOC @ http://www.persistencemarketresearch.com/market-research/casein-caseinate-market.asp

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