Global Milk Protein Concentrates Market is expected to grow with a steady CAGR 4.5% in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to the increase in consumption of protein for weight Management.
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Global Milk Protein Concentrates Market By Ingredients (milk protein concentrates, Milk Protein Isolates, Co-precipitates, Blends, Total Milk Proteins), Contents (85%,70%-85%, 70%), End-use applications (Nutrition products, Dairy products, Cheese products, Others), Geography (North America, Latin America, Europe, APAC, Middle East & Africa) – Industry Trends and Forecast to 2026
Key Developments in the Market:
- In July 2018, NZMP announced it will launch a new range of milk protein concentrates which will include fast digesting milk protein concentrates and 14% high-protein ready-to-drink medical beverage. The company said their focus is to provide drinks to patients and the elder ones to make nutrition easier.
- In June 2018, Idaho Milk Products, based in the U.S. declared its plans to expand its milk processing facility in Jerome, Idaho. The Processing capacity will expand by one-third to accommodate an additional 1 million pounds per day of locally sourced milk so that they can add long term value to production.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Competitive Analysis: Global Milk Protein Concentrates Market
The global milk protein concentrates market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of potato starch market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Milk Protein Concentrates Market
Few of the major competitors currently working in milk protein concentrates market are: Fonterra Co-operative Group, Friesland Campina DM, Glanbia PLC, Idaho Milk Products, LATA., Arla Foods, Amco Protein, Wheyco Gmbh, Havero Hoogwewt, Kerry Group, MGP Ingredients, Lactalis Ingredients, Sachsenmilch Leppersdorf Gmbh, Saputo Ingredients.
Market Definition: Global Milk Protein Concentrates Market
Milk protein concentrates are milk products with concentrated contents of milk protein. They are produced by processing slim milk. It involves a series of procedures such as ultrafication, evaporation, and spray drying. They are normally produced in dry, powder form. They are complete dairy proteins which are available in protein concentrations ranging from 40% to 90%. They are used for their nutritional and functional properties.
- Increase in the consumption of nutritious products, protein-rich food.
- Lack of certainties associated with milk prices.
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Segmentation: Global Milk Protein Concentrates Market
- By Ingredients
- milk protein concentrates
- Milk Protein Isolates
- Total Milk Proteins
- By Contents
- By End-use applications
- Nutrition products
- Dairy products
- Cheese products
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