The Global Dairy Protein Market is projected to grow at a Compound Annual Growth Rate (CAGR) of 7% from 2024 to 2031. Explore the key factors driving this growth and stay ahead in the competitive landscape.

Dairy proteins, including whey and casein, are essential components in sports nutrition products. The sports nutrition market is experiencing rapid growth, expanding to include more segments and attracting a growing number of casual users. This surge in demand is driven globally by an increasing middle-class population.

The dairy protein market is segmented by product type into milk protein, milk powder, whey protein, caseinate, lactose, and creamer. By application, the market is divided into food and beverages, infant formulations, beauty and personal care, and other segments.

Explore how the expanding sports nutrition market and diverse applications are driving the global demand for dairy proteins.

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Dairy Protein Market Dynamics and Trends

The increasing awareness of health and wellness, along with the rising demand for sports nutrition, are key factors driving the growth of the dairy protein market. Dairy proteins, particularly whey and casein, play a crucial role in sports nutrition, forming staple components in many products.

Southeast Asia and the Gulf Cooperation Council (GCC) nations in the Middle East exhibit significant growth potential for whey protein sports nutrition powders and energy/nutrition products aimed at sports and fitness enthusiasts. Additionally, countries such as China, Vietnam, and Saudi Arabia present promising opportunities for the use of whey protein in child nutrition formulas.

Dairy Protein Market Segmentation Analysis

By product type, the dairy protein market is segmented into milk protein, milk powder, whey protein, caseinate, lactose, and creamer. The global Whey Protein Market, valued at USD 7.41 billion in 2018, is projected to reach USD XX billion by 2026, growing at a CAGR of 7% during the forecast period from 2019 to 2026. Whey protein, derived from the watery portion of milk that separates from curds during cheese production, constitutes 20% of cow's milk, with the remaining 80% being casein protein.

Whey is the primary ingredient in most protein powders, widely used by athletes and bodybuilders to meet their daily protein requirements. The production of whey protein involves adding special enzymes to milk, causing the separation of curds and liquid whey. This source of protein can enhance the nutritional content of diets and potentially boost immune system function, further driving the global whey protein market.

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Dairy Protein Market Companies and Competitive Landscape

The global dairy protein market is highly competitive, featuring a mix of small and large players. In recent years, multinational companies have dominated the market, leveraging extensive product portfolios and global reach.

Prominent players in the dairy protein market include Nestle Health Science, Arla Foods, Friesland Campina DMV, Fonterra Co-operative Group, Proliant Inc., Hilmar Ingredients, Interfood, LACTALIS Ingredients, APS Biogroup, and Armor Proteins. These companies benefit from their vast product ranges and innovative offerings, maintaining strong positions in the market.

Recent Developments in the Dairy Protein Market

In September 2018, Epi Ingredients launched its maiden milk protein concentrate, Epiprot 60UL, which contains 60% total native protein. Additionally, the company introduced SoBenefik, a high-protein yogurt made from ultra-filtered dairy powders.

In August 2018, Milk Specialties Global commenced the expansion of its Fond du Lac, Wisconsin facility to enhance the production of Sweet Whey Powder (SWP). The facility is expected to be completed by the end of 2018.

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