South Korea Skim Milk Powder Market : Global Industry Analysis and Forecast 2030
Milk Protein Market Research Future Insights:
The Global Milk Protein Market is estimated to be worth USD 20,528.6 Million by 2030, registering a 7.12 % CAGR during the forecast period (2023- 2030).
South Korea Skim Milk Powder Market emerges as a significant, influenced by factors such as shifting dietary preferences, urbanization, and a growing awareness of health and wellness. As South Koreans increasingly adopt Western dietary habits, there is a rising demand for low-fat dairy products like skim milk powder. Its versatility in culinary applications, coupled with nutritional benefits, appeals to health-conscious consumers seeking convenient and nutritious options. Furthermore, government initiatives promoting dairy consumption and investments in dairy processing infrastructure contribute to the expansion of the South Korean skim milk powder market. With a focus on quality and innovation, South Korea presents lucrative opportunities for stakeholders in the skim milk powder industry.
Milk includes 3.3 percent protein in extension to all of the essential amino acids. Though milk protein is formed naturally in the mammary gland, a study shows that 60 percent of the proteins required to construct amino acids can be acquired from cow milk, which contains 82 percent caesin and around 18 percent serum or whey protein. Moreover, antihypertensive properties, anti-carcinogenic activities, immune system modulation, and similar metabolic activities consort with milk protein.
Concentrated milk is rich in protein because these are insulated and also improved before being added to powdered milk. The milk proteins are isolated and concentrated (hydrolysates). Several people, particularly young kids, are encouraged to take more milk- mainly to increase their daily calcium intake. Calcium is the main component of strong and healthy bones.
The augmented demand for healthy foods that require milk concentrates to be produced is encouraging manufacturers of milk protein concentrate ingredients to invest heavily in research and development. The aim is to try to develop a new generation of milk protein concentrates that are tasty and nutrient rich.
Market Segmentations:
The global Milk Protein Market is segmented into the following types;
By Type
• Milk protein concentrate
• Milk protein hydrolytes
• Casein and cachinnates
• Whey protein concentrates
• Whey protein isolates
• Other milk proteins
By Form
• Dry powder
• Liquid
By Application
• Dairy products and frozen desserts
• Infant formula
• Dietary supplements
• Bakery and confectionary
• Beverages
• Sweet and savoury food
By dairy products and frozen desserts
• Cheese
• Yogurt
• Ice cream
• Others
Key Players:
The global Key Milk Protein Companies are Royal Friesland Campina N.V. (Netherlands), Fonterra Co-Operative Group Limited (New Zealand), Arla Foods amba (Denmark), AMCO Proteins (US), Saputo Inc. (Canada), Glanbia plc (Ireland), Kerry Group plc (Ireland), Havero Hoogwegt Group (Netherlands), Groupe Lactalis (France), Theo Müller Group (Germany).
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