Milk Protein Concentrate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Milk protein concentrate is any type of concentrated milk product that contains 40-90% milk protein. It is produced by separating whole milk into cream and skim milk. Applications of milk protein concentrates includes nutritional beverages, nutritional and dietary products, aged care products, infant formulas, protein bars, frozen desserts, bakery and confection applications.
MARKET DYNAMICS
The major growing factor towards milk protein concentrates market is the rising number of health-conscious consumers globally. Additionally, accelerated usage of milk protein concentrate in food products impacts positively on milk protein concentrates market. However, the increasing substitution of product have the potential to challenge the growth of the milk protein concentrates market.
MARKET SCOPE
The "Global Milk Protein Concentrate Market Analysis to 2031" is a specialized and in-depth study of the food & beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the milk protein concentrate market with detailed market segmentation by form and end-use. The global milk protein concentrate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading milk protein concentrate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
Form
- Powder
- Liquid
End Use
- Bakery and Confectionary
- Beverages
- Infant Formula
- Dairy & Frozen Desserts
- Dietary Supplements
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global milk protein concentrate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The milk protein concentrate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the milk protein concentrate market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the milk protein concentrate market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global milk protein concentrate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The milk protein concentrate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the milk protein concentrate market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the milk protein concentrate market in these regions.
MARKET PLAYERS
The report covers vital developments in the milk protein concentrate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the milk protein concentrate market are anticipated to lucrative growth opportunities in the future with the rising demand for milk protein concentrate in the global market. Below mentioned is the list of few companies engaged in the milk protein concentrate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the milk protein concentrate market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Erie Foods
- Tatura Milk Industries Pty. Ltd
- PARAS
- Kerry
- Food Ingredients First
- LACTALIS Ingredients
- Hoogwegt
- Nutrinnovate Australia
- Westland Milk Products
- AMCO Proteins
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Milk Protein Concentrate Market - By Form
1.3.2 Milk Protein Concentrate Market - By End Use
1.3.3 Milk Protein Concentrate Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MILK PROTEIN CONCENTRATE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MILK PROTEIN CONCENTRATE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MILK PROTEIN CONCENTRATE MARKET - GLOBAL MARKET ANALYSIS
6.1. MILK PROTEIN CONCENTRATE - GLOBAL MARKET OVERVIEW
6.2. MILK PROTEIN CONCENTRATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MILK PROTEIN CONCENTRATE MARKET - REVENUE AND FORECASTS TO 2028 - FORM
7.1. OVERVIEW
7.2. FORM MARKET FORECASTS AND ANALYSIS
7.3. POWDER
7.3.1. Overview
7.3.2. Powder Market Forecast and Analysis
7.4. LIQUID
7.4.1. Overview
7.4.2. Liquid Market Forecast and Analysis
8. MILK PROTEIN CONCENTRATE MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. BAKERY AND CONFECTIONARY
8.3.1. Overview
8.3.2. Bakery and Confectionary Market Forecast and Analysis
8.4. BEVERAGES
8.4.1. Overview
8.4.2. Beverages Market Forecast and Analysis
8.5. INFANT FORMULA
8.5.1. Overview
8.5.2. Infant Formula Market Forecast and Analysis
8.6. DAIRY AND FROZEN DESSERTS
8.6.1. Overview
8.6.2. Dairy and Frozen Desserts Market Forecast and Analysis
8.7. DIETARY SUPPLEMENTS
8.7.1. Overview
8.7.2. Dietary Supplements Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. MILK PROTEIN CONCENTRATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Milk Protein Concentrate Market Overview
9.1.2 North America Milk Protein Concentrate Market Forecasts and Analysis
9.1.3 North America Milk Protein Concentrate Market Forecasts and Analysis - By Form
9.1.4 North America Milk Protein Concentrate Market Forecasts and Analysis - By End Use
9.1.5 North America Milk Protein Concentrate Market Forecasts and Analysis - By Countries
9.1.5.1 United States Milk Protein Concentrate Market
9.1.5.1.1 United States Milk Protein Concentrate Market by Form
9.1.5.1.2 United States Milk Protein Concentrate Market by End Use
9.1.5.2 Canada Milk Protein Concentrate Market
9.1.5.2.1 Canada Milk Protein Concentrate Market by Form
9.1.5.2.2 Canada Milk Protein Concentrate Market by End Use
9.1.5.3 Mexico Milk Protein Concentrate Market
9.1.5.3.1 Mexico Milk Protein Concentrate Market by Form
9.1.5.3.2 Mexico Milk Protein Concentrate Market by End Use
9.2. EUROPE
9.2.1 Europe Milk Protein Concentrate Market Overview
9.2.2 Europe Milk Protein Concentrate Market Forecasts and Analysis
9.2.3 Europe Milk Protein Concentrate Market Forecasts and Analysis - By Form
9.2.4 Europe Milk Protein Concentrate Market Forecasts and Analysis - By End Use
9.2.5 Europe Milk Protein Concentrate Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Milk Protein Concentrate Market
9.2.5.1.1 Germany Milk Protein Concentrate Market by Form
9.2.5.1.2 Germany Milk Protein Concentrate Market by End Use
9.2.5.2 France Milk Protein Concentrate Market
9.2.5.2.1 France Milk Protein Concentrate Market by Form
9.2.5.2.2 France Milk Protein Concentrate Market by End Use
9.2.5.3 Italy Milk Protein Concentrate Market
9.2.5.3.1 Italy Milk Protein Concentrate Market by Form
9.2.5.3.2 Italy Milk Protein Concentrate Market by End Use
9.2.5.4 United Kingdom Milk Protein Concentrate Market
9.2.5.4.1 United Kingdom Milk Protein Concentrate Market by Form
9.2.5.4.2 United Kingdom Milk Protein Concentrate Market by End Use
9.2.5.5 Russia Milk Protein Concentrate Market
9.2.5.5.1 Russia Milk Protein Concentrate Market by Form
9.2.5.5.2 Russia Milk Protein Concentrate Market by End Use
9.2.5.6 Rest of Europe Milk Protein Concentrate Market
9.2.5.6.1 Rest of Europe Milk Protein Concentrate Market by Form
9.2.5.6.2 Rest of Europe Milk Protein Concentrate Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Milk Protein Concentrate Market Overview
9.3.2 Asia-Pacific Milk Protein Concentrate Market Forecasts and Analysis
9.3.3 Asia-Pacific Milk Protein Concentrate Market Forecasts and Analysis - By Form
9.3.4 Asia-Pacific Milk Protein Concentrate Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Milk Protein Concentrate Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Milk Protein Concentrate Market
9.3.5.1.1 Australia Milk Protein Concentrate Market by Form
9.3.5.1.2 Australia Milk Protein Concentrate Market by End Use
9.3.5.2 China Milk Protein Concentrate Market
9.3.5.2.1 China Milk Protein Concentrate Market by Form
9.3.5.2.2 China Milk Protein Concentrate Market by End Use
9.3.5.3 India Milk Protein Concentrate Market
9.3.5.3.1 India Milk Protein Concentrate Market by Form
9.3.5.3.2 India Milk Protein Concentrate Market by End Use
9.3.5.4 Japan Milk Protein Concentrate Market
9.3.5.4.1 Japan Milk Protein Concentrate Market by Form
9.3.5.4.2 Japan Milk Protein Concentrate Market by End Use
9.3.5.5 South Korea Milk Protein Concentrate Market
9.3.5.5.1 South Korea Milk Protein Concentrate Market by Form
9.3.5.5.2 South Korea Milk Protein Concentrate Market by End Use
9.3.5.6 Rest of Asia-Pacific Milk Protein Concentrate Market
9.3.5.6.1 Rest of Asia-Pacific Milk Protein Concentrate Market by Form
9.3.5.6.2 Rest of Asia-Pacific Milk Protein Concentrate Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Milk Protein Concentrate Market Overview
9.4.2 Middle East and Africa Milk Protein Concentrate Market Forecasts and Analysis
9.4.3 Middle East and Africa Milk Protein Concentrate Market Forecasts and Analysis - By Form
9.4.4 Middle East and Africa Milk Protein Concentrate Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Milk Protein Concentrate Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Milk Protein Concentrate Market
9.4.5.1.1 South Africa Milk Protein Concentrate Market by Form
9.4.5.1.2 South Africa Milk Protein Concentrate Market by End Use
9.4.5.2 Saudi Arabia Milk Protein Concentrate Market
9.4.5.2.1 Saudi Arabia Milk Protein Concentrate Market by Form
9.4.5.2.2 Saudi Arabia Milk Protein Concentrate Market by End Use
9.4.5.3 U.A.E Milk Protein Concentrate Market
9.4.5.3.1 U.A.E Milk Protein Concentrate Market by Form
9.4.5.3.2 U.A.E Milk Protein Concentrate Market by End Use
9.4.5.4 Rest of Middle East and Africa Milk Protein Concentrate Market
9.4.5.4.1 Rest of Middle East and Africa Milk Protein Concentrate Market by Form
9.4.5.4.2 Rest of Middle East and Africa Milk Protein Concentrate Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Milk Protein Concentrate Market Overview
9.5.2 South and Central America Milk Protein Concentrate Market Forecasts and Analysis
9.5.3 South and Central America Milk Protein Concentrate Market Forecasts and Analysis - By Form
9.5.4 South and Central America Milk Protein Concentrate Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Milk Protein Concentrate Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Milk Protein Concentrate Market
9.5.5.1.1 Brazil Milk Protein Concentrate Market by Form
9.5.5.1.2 Brazil Milk Protein Concentrate Market by End Use
9.5.5.2 Argentina Milk Protein Concentrate Market
9.5.5.2.1 Argentina Milk Protein Concentrate Market by Form
9.5.5.2.2 Argentina Milk Protein Concentrate Market by End Use
9.5.5.3 Rest of South and Central America Milk Protein Concentrate Market
9.5.5.3.1 Rest of South and Central America Milk Protein Concentrate Market by Form
9.5.5.3.2 Rest of South and Central America Milk Protein Concentrate Market by End Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MILK PROTEIN CONCENTRATE MARKET, KEY COMPANY PROFILES
11.1. ERIE FOODS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. TATURA MILK INDUSTRIES PTY. LTD
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. PARAS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. KERRY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FOOD INGREDIENTS FIRST
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. LACTALIS INGREDIENTS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HOOGWEGT
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NUTRINNOVATE AUSTRALIA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WESTLAND MILK PRODUCTS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. AMCO PROTEINS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Erie Foods
2. Tatura Milk Industries Pty. Ltd
3. PARAS
4. Kerry
5. Food Ingredients First
6. LACTALIS Ingredients
7. Hoogwegt
8. Nutrinnovate Australia
9. Westland Milk Products
10. AMCO Proteins
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.