Alpha Lactalbumin Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2023-2027

Alpha Lactalbumin Market Forecast 2023-2027

The Alpha Lactalbumin Market size is projected to increase by USD 238.14 million at a CAGR of 6.73% between 2022 and 2027. Our report examines historic data from 2017 to 2021 besides analyzing the current market scenario. Growing health concerns for babies among parents, driven by factors such as increasing awareness about child health and well-being, are driving market growth by increasing the demand for safe and healthy baby care products. New product launches by market companies, driven by the need to cater to changing consumer preferences and demands, are also boosting market expansion by introducing innovative and specialized products to the market. Additionally, the increasing number of working mothers, driven by changing lifestyles and economic factors, is driving market growth by creating a demand for convenient and time-saving baby care products that meet the needs of busy parents.

Growing health concerns for babies among parents are notably driving the market growth. Parents are increasingly turning to packaged baby nutrient supplement formula foods to support their children's growth and development, alongside breastfeeding. The rise in disposable income and improved economic conditions have made high-quality baby food products more accessible. Additionally, the appeal of organic baby nutrient supplement foods, which claim to be safer and more nutritionally beneficial than traditional options, has captured the interest of consumers. This trend is driven by factors such as alpha-lactalbumin demand, nutrients composition, breast milk nutrients, amino acids, protein levels, application scope, healthy foods, nutrition products, market players, product labeling, standards, and applications. As a result, the rising concerns of parents about their babies' health and nutritional needs are driving significant demand for baby nutrient supplement foods, contributing significantly to the growth of the global market in the forecast period.

Market Overview

The Market shows an accelerated CAGR during the forecast period.

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Market Segmentation

This report provides a detailed analysis of the market by Type (Human alpha lactalbumin and Cattle alpha lactalbumin), Application (Food and beverage industry, Pharmaceutical industry, and Nutraceuticals industry ), and Geography (APAC, North America, Europe, South America, and Middle East and Africa).

By Application 

The food and beverage industry segment by application dominated the market in focus in 2022. Growth in this segment is expected to be fueled by increasing awareness of baby food products, including energy-boosting supplements, as well as the rising number of women in the workforce. Initially, newborns are typically exclusively breastfed, but in some cases, this practice can lead to infant anemia. Alpha-lactalbumin in infant formula can be a solution to prevent this issue. Additionally, the high branched-chain amino acid (BCAA) content, notably leucine at 26%, positions alpha lactalbumin as an ideal protein source for enhancing muscle health and mitigating sarcopenia during aging. These factors are anticipated to be key drivers of the growth within the food and beverage industry segment in the focus market during the forecast period.

By Type

The market share growth by the human alpha lactalbumin segment will be significant during the forecast period. The global market saw the human segment take the lead in 2022, and this dominance is projected to persist throughout the forecast period. This trend is driven by the increasing uptake of human alpha lactalbumin across a wide range of applications, including the food and beverage, pharmaceutical, and nutraceutical industries.

The human alpha lactalbumin segment was valued at USD 312.65 million in 2017 

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The increasing utilization of human alpha lactalbumin in food and beverage products, particularly in infant formula and protein-enriched milk, is poised for continued expansion in the forecast period. This growth is attributable to the nutritional advantages and abundant amino acid composition it offers. Additionally, the expanding population and the rising disposable incomes in emerging markets like China and India are anticipated to be substantial contributors to the global market's growth, particularly within the human segment. Thus, this is expected to drive the growth of the market during the forecast period.

By Region

APAC is estimated to contribute 37% to the growth of the global market during the forecast period

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The APAC region is poised to exhibit the most robust demand compared to other regions like North America, Europe, South America, and the Middle East and Africa (MEA). This heightened demand can be attributed to the increasing popularity of baby food and infant formula products, as well as the favorable economic conditions in the region, which enable consumers to invest in higher-quality offerings at premium prices. The growing emphasis on healthier baby food options is set to further drive the regional market's growth in the forecast period. Additionally, the rising middle-class population in the region is expected to boost the baby food and infant formula industry in the years to come, as consumers have the means to invest more in high-quality baby food products. These factors collectively contribute to the anticipated growth of the regional market during the forecast period.

Market Dynamics

The market is closely tied to the infant formula market, given the high demand for alpha-lactalbumin in infant formulas due to its similarity to breast milk nutrients. Alpha-lactalbumin is rich in essential amino acids and offers high protein levels, making it valuable in various nutrition products and healthy foods. Market players focus on meeting product labeling standards to ensure its quality and application scope, which extends to clinical nutrition and sports nutrition. The market is witnessing increased consumption, especially in emerging economies, driven by the nutritional benefits and rich composition of alpha-lactalbumin, which helps combat oxidative stress and supports various niche applications in beverages, dietary supplements, confectionery & chocolates, meat, ready-to-eat foods, and bakery products.

Significant Market Trends

The increasing number of working mothers is an emerging trend shaping the market growth. Working mothers who return to their jobs shortly after giving birth are in search of convenient and nutritious food choices for their infants. Baby food and infant formula stand out as attractive options, providing a blend of health and convenience. The presence of working mothers is on the rise, notably in countries like India, China, the US, and the UK. For example, in the UK, nearly three-quarters of women with children are either partially or fully employed. This trend is expected to continue during the forecast period, leading to increased demand for baby food and infant formula products. According to the US Bureau of Labor Statistics, approximately 61.4% of women with children under the age of six are part of the workforce in the US.

In addition, the growing number of working women will also result in more dual-income households and higher per capita family incomes, enabling more families to afford these products. This factor is anticipated to drive the demand for baby food and infant formula in the target market, consequently contributing to the global market during the forecast period.

Major Market Challenge 

Declining global birth rates is a significant challenge hindering market growth. Globally, birth rates have been on a decline, and this trend can be attributed to a variety of factors, including religious beliefs, economic structures, urbanization, and lifestyle changes, which have significantly influenced birth rates in recent years. According to data from The World Bank Group, the global birth rate decreased from 18.17 per 1,000 people in 2018 to 17.3 in 2020 and further dropped to 17% in 2021. Additional factors contributing to this decline in birth rates worldwide include increasing per capita income, improved job opportunities, and higher wages for women, all of which have been associated with reduced fertility rates. Cultural shifts in several countries have also played a role in redefining the ideal family size to 3-4 members to maintain a higher quality of life.

Further, the ongoing global decrease in birth rates may have a significant adverse impact on the overall growth of the market. This trend could potentially hinder the expansion of the global market during the forecast period.

Alpha Lactalbumin Market Company Overview

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

• Key Offering- Agropur Dairy Cooperative: The company offers alpha lactalbumin products such as BiPRO Alpha 9000 that comes in two forms Instant alpha-lactalbumin and Instant IP alpha-lactalbumin.
• Key Offering- Akola Chemicals Ltd.: The company offers alpha lactalbumin products such as Hydrolyzed Protein Powder, which has zero percent moisture and is in dry form.
• Key Offering-Arla Foods amba: The company offers alpha lactalbumin products through its subsidiary Arla Foods Ingredients Group, such as Lacprodan ALPHA-10 and Lacprodan ALPHA-50.

The market report also includes detailed analyses of the competitive landscape of the market and information about 6 market companies, including:

• Fonterra Cooperative Group Ltd.
• Hilmar Cheese Company Inc.
• Vix Pharma

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

• Type Outlook
  • Human alpha lactalbumin
  • Cattle alpha lactalbumin

• Application Outlook 
  • Food and beverage industry
  • Pharmaceutical industry
  • Nutraceuticals industry

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile 
    • Brazil 
    • Argentina 
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Analyst Overview

The market is driven by the growing demand for whey protein and premium infant formulas. As a key component of human breast milk, alpha-lactalbumin is valued for its nutritional benefits and health advantages, particularly in nutritional supplements and functional food and beverage products. The market benefits from consumer health consciousness and research and development efforts to create novel formulas. Leading participants focus on product quality and technological breakthroughs to maintain their market position and global reach. However, the market faces competitive threats and must address essential success factors to stay competitive.

Market Scope
Report Coverage	Details
Page number	139
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.73%
Market growth 2023-2027	USD 238.41 million
Market structure	Concentrated
YoY growth 2022-2023(%)	5.76
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 37%
Key countries	US, China, India, Japan, and Germany
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Agropur Dairy Cooperative, Akola Chemicals Ltd., Arla Foods amba, Fonterra Cooperative Group Ltd., Hilmar Cheese Company Inc., and Vix Pharma
Market dynamics	Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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