Milk Protein Concentrates Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70308
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The milk protein concentrates market size has the potential to grow by USD 370.00 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.96%. 

This report provides a detailed analysis of the market by product (dairy products, nutritional products, and others), geography (North America, Europe, APAC, South America, and MEA), and key vendors. 

Market Overview

Milk-Protein-Concentrates-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Darigold
  • Erie Foods International Inc.
  • Fonterra Co-operative Group Ltd.
  • Royal FrieslandCampina NV
  • Glanbia Plc
  • Idaho Milk Products Inc.
  • LAÏTA
  • Nutrinnovate Australia 
  • VRS Foods Ltd.
  • Inner Mongolia Yili Industrial Group Co. Ltd.

 

The milk protein concentrates market is fragmented and the vendors are deploying growth strategies such as product launches to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing infant formula market to achieve growth opportunities. However, factors such as growing preference for plant-based protein products will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the milk protein concentrates market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This milk protein concentrates market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Milk Protein Concentrates Market: Key Drivers and Trends

  • Milk protein concentrates are used in the production of infant formula as they contain high levels of encapsulated bioavailable calcium in their natural form. 
  • The rise in the number of working women, the increase in birth rates in many countries, and the growing awareness among parents about the nutritional benefits of infant formula is resulting in an increased demand for infant formula.
  • The addition of concentrates as additives in infant formula is to meet the nutritional needs of infants.
  • The growth of the infant formula market is one of the key factors driving the milk protein concentrates market growth.
  • The increase in the health-conscious population across the globe is leading to a rise in the adoption of healthy lifestyles. 
  • The purchase of sport nutrition products, protein-rich food and beverages such as dietary supplements, and ready meals is increasing.
  • The rise in the consumption of these food items will boost the demand for milk protein concentrates as they are used in the preparation of dietary supplements and sports supplements products. 
  • The above-mentioned factor coupled with the growth in the infant formula market will drive milk protein concentrate market growth.

 

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Milk Protein Concentrates Market: Segmentation by Geography

Milk-Protein-Concentrates-Market-Market-Share-by-Region-2020-2025

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33% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for milk protein concentrates in North America. Market growth in this region will be slower than the growth of the market in APAC and MEA.

The increasing demand for sports and nutritional supplements and the growing participation in fitness activities are the prime factors that will facilitate the milk protein concentrates market growth in North America over the forecast periods. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Milk Protein Concentrates Market: Segmentation by Product

Milk-Protein-Concentrates-Market-Market-Share-by-Product-2020-2025

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The dairy products segment will account for the highest milk protein concentrates market share because of the growing use of them in the production of dairy products such as cultured dairy products, ice-creams, cheese products, and dairy-based beverages. Therefore, the growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the milk protein concentrates market size.

 

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Milk Protein Concentrates Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive milk protein concentrates market growth during the next five years
  • Precise estimation of the milk protein concentrates market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the milk protein concentrates industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of milk protein concentrates market vendors

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Milk Protein Concentrates Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 370.00 million

Market structure

Fragmented

YoY growth (%)

4.44

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 33%

Key consumer countries

US, Germany, France, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Darigold, Erie Foods International Inc., Fonterra Co operative Group Ltd., Royal FrieslandCampina NV, Glanbia Plc, Idaho Milk Products Inc., LAÏTA, Nutrinnovate Australia , VRS Foods Ltd., and Inner Mongolia Yili Industrial Group Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for 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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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Dairy products - Market size and forecast 2020-2025
    • Nutritional products - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption
    • Competitive scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Darigold
    • Erie Foods International Inc.
    • Fonterra Co operative Group Ltd.
    • Royal FrieslandCampina NV
    • Glanbia Plc
    • Idaho Milk Products Inc.
    • LAÏTA
    • Nutrinnovate Australia
    • VRS Foods Ltd.
    • Inner Mongolia Yili Industrial Group Co. Ltd.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The milk protein concentrates market growth will increase by $370.00 million during 2020-2025.
    The milk protein concentrates market is expected to grow at a CAGR of 4.96% during 2020-2025.
    Technavio has segmented the milk protein concentrates market by product (Dairy products, Nutritional products, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
    Darigold, Erie Foods International Inc., Fonterra Co operative Group Ltd., Royal FrieslandCampina NV, Glanbia Plc, Idaho Milk Products Inc., LAÏTA, Nutrinnovate Australia , VRS Foods Ltd., Inner Mongolia Yili Industrial Group Co. Ltd. are a few of the key vendors in the milk protein concentrates market.
    North America will register the highest growth rate of 32.97% among the other regions. Therefore, the milk protein concentrates market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the milk protein concentrates market growth are:
    • Increasing global milk production
    The milk protein concentrates market vendors should focus on grabbing business opportunities from the dairy products segment as it accounted for the largest market share in the base year.
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