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Milk Protein Concentrate Market Segmentation By Organic Nature,Conventional in Liquid and Powder Form
The global milk protein concentrate market has observed substantial growth in the historical period registering a CAGR of 4.2% in the historical period and is valued at US$ 1,635.2 million in 2023. Filtration processes such as diafiltration, ultrafiltration, and microfiltration usually manufacture milk protein concentrate. The membrane separation technology in the stated procedures eliminates the prevalence of soluble minerals and lactose and maintains the milk protein, which is then spray-dried.
The milk protein concentrate market is growing at a fast pace with the overall production capacity is doubling due to increased demand. Among the wide range of milk protein ingredients being manufactured, gaining the popularity of milk protein concentrate globally.
Presently, product developers are using milk protein concentrate in a range of new products for various benefits such as flavor, added functionality, low-lactose products and high-protein formulations. The overall demand for milk protein concentrate has increased significantly in recent years. In North America, ingredient processors have become increasingly specialized and domestic production of milk protein concentrate have almost doubled over the past ten years although countries such as the U.S. still rely on imports due to overarching demand.
The increase in number of working women, increased birth rates in several countries with higher protein deficiency and the growing awareness among parents about nutritional benefits of infant formula is causing the global milk protein concentrate market to grow at a substantial rate during the forecast period.
| Attribute | Key Insights |
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Milk Protein Concentrate Market Size (2023E) |
US$ 1,635.2 Million |
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Projected Market Value (2033F) |
US$ 2,539.43 Million |
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Global Market Growth Rate (2023 to 2033) |
4.5% CAGR |
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Historical Growth Rate (2018 to 2022) |
4.2% CAGR |
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Revenue Share of Top 4 Countries (2022E) |
45% |
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“High Protein and Low Lactose Products are acting as a Growth Levers in the Milk Protein Concentrate Market”
The increasing demand for exciting new food products in the global consumer market is driving the development within the global milk protein concentrate market. Milk protein concentrate or MPC’s are being used in several food products such as desserts and protein bars to uplift the overall nutritional and functional properties. Milk protein concentrate are nowadays being widely used in protein-fortified foods as primary meal replacements and in nutritional beverages and bars. Owing to its nutritional qualities, it is also being utilized in pediatric and geriatric nutrition, medical nutrition, weight management products, sports nutrition products and dietary supplements. Moreover, with the demand for high protein and low-lactose beverages, the overall inclusion of milk protein concentrate is increasing.
“An Enhanced Replacement of Casein and Milk Powders”
Traditionally, several food products used caseins, caseinates and milk powders to enhance the overall flavor and stability. However, after several research attempts, casein and its other substitutes have been found to be slightly contaminated with levels of lead and cadmium. In such a scenario, milk protein concentrates have emerged as the best replacement solution. Milk protein concentrates are currently widely being used in manufacturing a range of products including processed cheese, analogue cheese, frozen yogurts, ready-to-drink and powdered beverages which are expected to drive the market during the forecast period. Milk protein concentrates are also being used in food products where the original structure of milk proteins is desired for its functionality such as the standardization of cheese milk and ice cream mixes.
“Increasing Demand for Healthy Alternatives as Opposed to Infant Food Formulas with Synthetic Ingredients”
The growth of the global infant food formulation market is primarily driven by increasing health-related concerns and changing the mindset of modern-day consumers to switch to alternative healthy options. A growing number of infants are being prescribed personalized infant formulas to address different deficiencies and to ensure adequate intake of essential nutrition such as carbohydrates and proteins, among other things. As a result, several key players offering infant formula are exploring techniques to develop infant products with minimal mineral content in the market.
“Heightened Global Focus on Nutrition Escalates the Demand Particularly in Developing World”
The nutritional industry such as infant nutrition, sports nutrition, and medical & clinical nutrition markets such as animal food and feed, are driving the growth of the global milk protein concentrate market. Milk protein concentrate has identical to dietary supplements due to its versatile nature and wide range of application possibilities as an ingredient. Milk protein concentrate is also useful in infant formulations, dairy products, confectionaries, and bakery products, propelling the global milk protein market during the forecast period.
Milk protein concentrate has boosted the global food and beverage industry due to its efficient processing, easy digestibility, and cost-effective applications. Furthermore, with the increasing consumption of sports-related nutritional products, the demand for milk protein concentrate has increased significantly. Also, milk protein concentrate is a cost-effective way to create caramels with high eating quality and excellent processing.
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“Increasing Demand of Dairy Protein in Performance Nutrition”
The U.S. market is expected to hold the largest market share of around 82.1% in the North American region in 2023. It is due to rising health consciousness among consumers and a rapid increase in fitness activities, which is propelling the demand for sports and protein-rich supplements.
Whey protein is a common source of protein in commercial sports nutrition products currently offered in the U.S. meal replacements, pre-workout drinks, and weight-gain products are a few instances of very high-protein product categories that include whey proteins as part of their nutritional profiles.
Which End Use Segment is Expected to be the most Lucrative during the Forecast Period?
“Increasing Adoption of Milk Protein Concentrate across the Sports Nutrition Sector to Propel the Market Growth”
The market growth for sports nutrition segment is anticipated to grow at a high CAGR of around 5.0% during the forecast period. Milk protein concentrate is primarily used in sports nutritional products for a variety of needs requiring different functionality and requirement.
Over the last decade, healthy living enthusiasts have emerged as a critical class of consumers that are driving trends in this space. Health and nutrition promoters are being drawn less to whey-based protein instead opting for milk protein substitutes due to a more clean label orientation.
Sports protein ready-to-drink (RTD) remains the most demanded category by consumers. Fast-digestion milk protein concentrates are also being developed to be bottled with sports nutritional food and beverages.
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Milk protein concentrate producers are steering their product offerings especially towards dietary supplements, sports nutrition, bakery & confectionery, dairy products, and infant formula and baby foods. The milk protein concentrate market is fairly consolidated with global food giants holding the topmost shares and many emerging vendors carrying out attractive developments to draw attention to themselves. Manufacturers like Glanbia Plc, Kerry Group, holds the leading market share of around 50.0% in the global milk protein concentrate market and their product is well recognized by end-use industries. These companies are companies focusing on expanding their product offering with more beneficial content such as protein and nutrition. However, other tier vendors such as Fonterra Co-operative Group Limited and Idaho Milk Products are introducing attractive products to increase their customer base.
| Attribute | Details |
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Forecast period |
2023-2033 |
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Historical data available for |
2018-2022 |
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Market analysis |
USD million for value |
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Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
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The global market for milk protein concentrate has a value of US$ 1,635.2 million in 2023.
The global market for milk protein concentrate has a value CAGR of 4.2% from 2018-2022.
The global market for milk protein concentrate has a value of US$ 2,539.4 million in 2033.
The global market for milk protein concentrate has a value CAGR of 4.5% from 2023-2033.
The U.S., China, Japan, and India lead as far as the consumption of milk protein concentrate is concerned.
The top players include Fonterra Co-operative Group Limited, Kerry Group Arla Foods Ingredients, and Glanbia Plc, among others with a market share of about 45-50%.
