Global Casein and Caseinate Market Boosted by Growing Awareness of Health Benefits of Casein and Caseinate
Published On : Mar 15, 2016
Casein is mostly found in mammalian milk. It constitutes around 80.0% of cow milk proteins. Casein also makes up a maximum of 40.0% of human milk. It is the common name given to a family of proteins, more specifically, phosphoproteins. Casein is a rich source of nutrients for humans, as it is a good source of calcium phosphorus, carbs, and amino acids.
The global casein and caseinate market is exhibiting a CAGR of 4.70% between 2015 and 2025. Benefitting the most from this growth rate are the key players in the market: Saputo, Groupe Lactalis, Westland Milk Products, Fonterra, Friesland Campina, Groupe Lactalis, Arla Foods, Danone S.A., and Nestlé S.A.
Global Casein and Caseinate Market Boosted by Increasing Awareness
The global casein and caseinate market can benefit greatly from the rising trend of consumption of functional foods. A growing number of regions are showing high levels of awareness about the health advantages of casein and the increasing market presence of foods that contain casein and caseinate. The market is also propelled by the increasing disposable incomes of consumers, the advancements in technology, which provide better methods to extract and use casein and caseinate, and the increasingly aggressive marketing campaigns conducted by casein producers.
Sodium Caseinate and Industrial Casein Dominate Global Casein and Caseinate Market
The global casein and caseinate market can be segmented on the basis of application and type. In terms of type, the global casein market is segmented into edible and industrial casein. Of these, the global market is currently being propelled by the growing number of industrial types of casein being produced. By 2025, industrial casein is expected to be the largest segment of the global casein market. As for caseinate, in terms of types, the global caseinate market is segmented into potassium, calcium, and sodium caseinate. Of these, the global market for caseinate was led by sodium caseinate, which held more than 45.0% of the market in 2014.
Food and Beverages Industry Consumes Highest Volume of Casein and Caseinate
By application, the global casein and caseinate market is segmented into cosmetics, pharmaceuticals, industrial, food and beverages, and others. Of these, the market finds a vast array of uses in the food and beverages industry. This segment accounted for more than 70.0% of the global casein and caseinate market in 2014. The food and beverages segment can be further divided into the sub-segments of dairy products, nutritional food and beverages, and infant nutrition. Due to the diversity of uses of casein and caseinate, there are further sub-segments of each of the above, covering areas such as meal replacements, wet infant nutrition products, and cheese. A large amount of casein and caseinate is used in the production of cheese.
Nearly 30.0% of the global casein and caseinate market was occupied by North America in 2014. Western Europe was the second largest consumer of casein and caseinate, with a share of 25.0% in the same year. At the same time, Asia Pacific is expected to show the fastest growth rate in the global casein and caseinate market, owing to the rapidly growing economy of several emerging countries and the increasing market penetration of casein and caseinate products in the region.
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