Soy And Milk Protein Ingredients Market Analysis, Size, and Forecast 2024-2028: North America (US), Europe (France, Germany, and UK), Middle East and Africa (South Africa and UAE), APAC (China, India, and Japan), South America (Brazil), and Rest of World (ROW)

Soy And Milk Protein Ingredients Market Size 2024-2028

The soy and milk protein ingredients market size is forecast to increase by USD 7.44 billion, at a CAGR of 5.1% between 2023 and 2028.

• The market is experiencing significant growth due to the increasing demand for plant-based proteins, driven by the expanding geriatric population worldwide. This demographic shift is leading to an increased focus on health and nutrition, fueling the market's expansion. However, the market faces challenges related to allergen concerns, specifically with soy and milk ingredients. Allergen sensitivities and intolerances are becoming more prevalent, necessitating alternative protein sources or formulations for those with sensitivities. Companies in this market must navigate these challenges by investing in research and development to create innovative, allergen-free alternatives, ensuring they cater to the diverse needs of consumers while maintaining product quality and safety.
• This strategic approach will enable businesses to capitalize on the growing demand for plant-based proteins and effectively address the challenges posed by allergen concerns.

What will be the Size of the Soy And Milk Protein Ingredients Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by advances in technology and shifting consumer preferences. Mass spectrometry analysis plays a crucial role in understanding the complex structures of proteins, such as casein micelles, and ensuring accurate nutritional labeling. Soy protein concentrate undergoes various processes, including denaturation and modification, to enhance its functional properties and improve protein digestibility. Milk protein fractionation techniques yield different protein fractions with distinct functionalities, such as emulsion stability and water binding capacity. Food-grade enzymes are utilized in the hydrolysis of soy and milk proteins to produce hydrolysates with enhanced nutritional value and functional properties.

Protein oxidation and denaturation are critical factors affecting protein quality assessment, necessitating ongoing research and development. Protein solubility index and protein digestibility are essential parameters for assessing the functionality and nutritional value of protein ingredients. Whey protein ingredients, including concentrates and isolates, are widely used in various sectors due to their high nutritional value and functional properties. Texturized vegetable protein and protein crosslinking are emerging areas of research, offering potential solutions for enhancing the texture and functionality of plant-based protein ingredients. Milk protein isolate and whey protein hydrolysate are valuable ingredients in the food and beverage industry due to their excellent emulsifying and stabilizing properties.

Micellar casein and protein crosslinking are innovative approaches to improving protein functionality and stability in various applications. The ongoing research and development in protein ingredients aim to address the evolving consumer demands and market dynamics.

How is this Soy And Milk Protein Ingredients Industry segmented?

The soy and milk protein ingredients industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Type
  • Milk protein ingredients
  • Soy protein ingredients
• Application
  • Food and beverages
  • Infant formulation
  • Personal care and cosmetics
  • Others
• Form
  • Powder
  • Liquid
• Distribution Channel
  • B2B
  • Supermarkets
  • Online Retail
  • Health Food Stores
• Geography
  • North America
    • US
  • Europe
    • France
    • Germany
    • UK
  • Middle East and Africa
    • South Africa
    • UAE
  • APAC
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Rest of World (ROW)

By Type Insights

The milk protein ingredients segment is estimated to witness significant growth during the forecast period.

The milk protein ingredients market experienced significant growth in 2023, with this segment accounting for the largest revenue share. Milk protein ingredients are essential in various food applications due to their nutritional benefits and functional properties. Whey protein is a primary category within milk protein ingredients, derived from milk during cheese production. This category includes whey protein concentrate (WPC), whey protein isolate (WPI), and whey protein hydrolysate (WPH). WPC retains a moderate protein content and beneficial bioactive compounds, while WPI has a high protein content (over 90%) and rapid digestion and absorption properties, making it popular in sports nutrition and infant formula markets.

Protein fortification is a common application for milk protein ingredients, enhancing the nutritional value of food products. Protein hydrolysis, a process that breaks down proteins into smaller peptides, is used to create functional protein ingredients with improved solubility and digestibility. Milk protein fractionation is another process used to isolate specific protein fractions, such as casein micelles, for use in various food applications. Gelation properties, water binding capacity, emulsion stability, and fat binding capacity are essential functional properties of milk protein ingredients. Protein oxidation and denaturation can impact protein quality, leading to the use of food-grade enzymes to maintain protein stability.

Protein modification, including glycation and crosslinking, can also enhance functional properties and improve texture in food applications. Soy protein ingredients, including soy protein concentrate and soy protein isolate, are alternative options to milk protein ingredients. Nutritional labeling regulations require accurate reporting of protein content and amino acid profiles for both milk and soy protein ingredients. Mass spectrometry analysis and electrophoresis techniques are used to assess protein quality and ensure regulatory compliance. In summary, the milk protein ingredients market is driven by the functional and nutritional properties of milk proteins, particularly whey protein, in various food applications. Protein hydrolysis, fractionation, and modification techniques are used to enhance functionality and improve product quality.

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The Milk protein ingredients segment was valued at USD 13.28 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 34% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market for soy and milk protein ingredients is experiencing significant growth due to the expanding vegan population and increasing health consciousness among consumers. Soy and milk protein ingredients are gaining popularity as alternatives to animal-derived proteins, with key applications in food and beverage industries. In this region, the US and Canada are the major contributors to the market's revenue growth. Advancements in protein technology have led to the development of various protein forms, including protein isolates, concentrates, hydrolysates, and texturized vegetable proteins. These forms offer unique properties such as gelation, emulsion stability, water binding capacity, fat binding capacity, and protein solubility index.

Milk protein fractionation and soy protein hydrolysis are essential processes used to produce these forms. Functional protein ingredients, such as peptides, are gaining popularity due to their improved nutritional value and functional properties. Peptide sequencing and mass spectrometry analysis are crucial techniques used to identify and characterize these peptides. Protein denaturation, oxidation, glycation, and modification are factors that impact protein quality assessment. Food-grade enzymes are used in protein extraction processes, such as protein isolate extraction, to improve protein yield and quality. Nutritional labeling regulations require accurate and clear labeling of protein content and allergen information. Allergen labeling is particularly important for soy and milk proteins due to their common allergens status.

Whey protein ingredients, such as whey protein concentrate and whey protein hydrolysate, are popular alternatives to soy proteins and offer unique functional properties, including micellar casein and protein crosslinking. In conclusion, the North American market for soy and milk protein ingredients is driven by consumer preferences for plant-based proteins and health consciousness. The market is witnessing significant innovation in protein technology, leading to the development of various protein forms and functional ingredients. Regulations and labeling requirements continue to shape the market dynamics.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

B2B protein strategies leverage functional protein technologies for food manufacturing. Protein ingredient prospects 2024 include soy protein for beverages and milk protein concentrates, boosting demand. Protein logistics analytics optimize supply, while protein benchmarks highlight Arla Foods. Sustainable protein sourcing aligns with plant-based protein trends. Protein regulations 2024-2028 steer protein demand in North America 2024. Premium protein products and protein ingredient forecasts fuel growth. Proteins for sports nutrition and custom protein blends target niches. Protein hurdles and innovations address allergen concerns, with protein supplier networks and protein cost tactics enhancing profitability. Protein market insights and functional protein breakthroughs accelerate momentum.

What are the key market drivers leading to the rise in the adoption of Soy And Milk Protein Ingredients Industry?

• The global market is significantly driven by the expanding geriatric population, representing a key demographic trend.

• The market is experiencing significant growth due to the increasing demand from the aging population. According to United Nations data, the global population aged 65 and above is projected to increase from 771 million in 2022 to 1.2 billion by 2050. As people age, their nutritional requirements change, and they often require higher protein intake to maintain muscle mass, bone health, and overall vitality. Soy and milk proteins are gaining popularity due to their unique properties, including excellent water binding capacity, emulsion stability, and gelation properties. These proteins undergo various processes such as peptide sequencing and chromatographic methods to enhance their functional properties.
• Protein fortification is another key trend in the market, with manufacturers adding soy and milk proteins to various food and beverage products to improve their nutritional value. Additionally, the proteins are subjected to hydrolysis to improve their digestibility and reduce glycation, ensuring they maintain their nutritional value during processing and storage.

What are the market trends shaping the Soy And Milk Protein Ingredients Industry?

• The demand for plant-based proteins is on the rise, representing a significant market trend. This growing preference for alternative protein sources is driven by various factors, including health consciousness, environmental concerns, and ethical considerations.

• The global protein ingredients market, specifically soy and milk proteins, is experiencing notable growth due to increasing consumer preference for plant-based alternatives. These proteins offer various functional benefits, making them a popular choice in the food industry. They boast an impressive amino acid profile, fiber, calcium, potassium, and vitamins, contributing to improved health and wellness. Their functional properties include emulsifying, stabilizing, gelling, thickening, and binding capabilities, enhancing food processing applications. Soy protein isolate extraction and milk protein fractionation are essential processes to obtain these functional protein ingredients. Food-grade enzymes play a crucial role in these processes, ensuring optimal protein solubility and minimizing protein oxidation.
• The protein solubility index is a critical parameter to assess the quality of these protein ingredients. Soy and milk proteins are versatile ingredients, extensively used in meat processing and infant formula formulations. Their eco-friendly production process, which consumes less water compared to animal-derived protein sources, further adds to their appeal. As the demand for plant-based proteins continues to rise, the market for soy and milk protein ingredients is poised for significant growth.

What challenges does the Soy And Milk Protein Ingredients Industry face during its growth?

• The growth of the industry is significantly impacted by the challenges posed by allergen concerns related to soy and milk ingredients. This issue, which is of great concern to both manufacturers and consumers, necessitates stringent measures to ensure product safety and compliance with regulatory standards.

• Allergen concerns, particularly those related to soy and milk proteins, pose a significant challenge to The market. Soy allergies, which are quite common, especially among children, necessitate careful consideration by manufacturers and consumers alike. Soy protein ingredients, in particular, are affected, as soy allergies can cause a range of reactions, from mild hives and digestive discomfort to severe, life-threatening anaphylactic responses. As a result, individuals with soy allergies must avoid soy-based products, limiting the potential consumer base and driving the demand for hypoallergenic soy protein alternatives.
• Protein denaturation and modification techniques can be employed to alter the protein's structure, enhancing protein digestibility and reducing allergenicity. Whey protein ingredients, which are hypoallergenic and have a different protein structure than soy, offer an alternative solution for manufacturers seeking to cater to consumers with soy allergies. Nutritional labeling plays a vital role in addressing allergen concerns. Clear and accurate labeling of soy protein ingredients is essential to help consumers make informed purchasing decisions. Mass spectrometry analysis can be used to ensure the accuracy of labeling and to verify the absence of allergens in soy protein ingredients. By addressing these challenges, the market can continue to grow and meet the evolving needs of consumers.

Exclusive Customer Landscape

The soy and milk protein ingredients market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the soy and milk protein ingredients market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

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

Ag Processing Inc. - Soy and milk protein ingredients, including Soy Protein Isolates, provide nutrition and functionality in diverse applications, from meat substitutes to meat products. These offerings enhance texture, taste, and nutritional value, contributing significantly to the food industry. Soy Protein Isolates deliver essential amino acids, fiber, and other nutrients, making them a versatile choice for various food applications.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Ag Processing Inc.
• Archer Daniels Midland Co.
• Arla Foods amba
• Associated British Foods Plc
• Cargill Inc.
• DANA Dairy Group Ltd.
• Devansoy Inc.
• DuPont de Nemours Inc.
• Fonterra Cooperative Group Ltd.
• FrieslandCampina
• Glanbia plc
• International Flavors and Fragrances Inc.
• Kerry Group Plc
• LACTALIS Ingredients
• Linyi Shansong Biological Products Co. Ltd.
• Milk Specialties Global
• Saputo Inc.
• Solbar Ningbo Protein Technology Co. Ltd.
• The Scoular Co.
• Wilmar International Ltd.

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 industry 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.

Recent Development and News in Soy And Milk Protein Ingredients Market

• In January 2024, DuPont Nutrition & Biosciences, a leading supplier of soy protein ingredients, announced the expansion of its production capacity for soy protein isolates at its manufacturing site in Tianjin, China. This move aimed to meet the growing demand for plant-based proteins in the Asia Pacific region (DuPont press release, 2024).
• In March 2024, Arla Foods Ingredients, a global leader in milk protein ingredients, entered into a strategic partnership with NutriLeads, a Danish company specializing in the development of natural food ingredients. The collaboration focused on the research and development of milk protein ingredients with added health benefits (Arla Foods Ingredients press release, 2024).
• In May 2024, Royal FrieslandCampina, a leading dairy cooperative, completed the acquisition of PeaTech, a US-based company specializing in pea protein production. This acquisition expanded FrieslandCampina's plant-based protein portfolio and strengthened its position in the alternative protein market (FrieslandCampina press release, 2024).
• In February 2025, the European Commission approved the use of soy protein concentrates and isolates as functional ingredients in infant and follow-on formula. This approval expanded the application areas for soy protein ingredients in the European market (European Commission press release, 2025).

Research Analyst Overview

• The market experiences dynamic trends, with a focus on texture modification, sustainable sourcing, and shelf life extension. Protein purification methods and regulatory compliance are crucial in formulating protein ingredient solutions that meet food safety standards and consumer preferences. Heat treatment effects on protein functionality and sensory evaluation are under constant investigation to optimize processing technologies and ingredient compatibility. Gelling and thickening agents play a significant role in ensuring process control and quality assurance. Sustainable sourcing and waste management are key considerations in the market analysis, as companies strive to minimize environmental impact. Protein stability and ingredient traceability are essential for cost optimization and maintaining consumer trust.
• Milk and soy protein interactions and flavor interactions are critical in developing innovative and nutritious food products. Regulatory compliance and process control are integral to ensuring ingredient compatibility and food safety standards. Shelf life extension and cost optimization are ongoing priorities for market players, driving research and development in protein ingredient formulation. Process optimization and quality control measures are essential in addressing heat treatment effects and sensory evaluation challenges. Ingredient compatibility and nutritional benefits are key selling points for companies in the market. Supply chain management and emulsifier properties are also important factors influencing market dynamics.

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Soy And Milk Protein Ingredients Market insights. See full methodology.

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What are the Key Data Covered in this Soy And Milk Protein Ingredients Market Research and Growth Report?

• CAGR of the Soy And Milk Protein Ingredients industry during the forecast period
• Detailed information on factors that will drive the growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the soy and milk protein ingredients market growth of industry companies

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