Product Code: GVR-4-68040-462-3
Milk Protein Market Growth & Trends:
The global milk protein market size is estimated to reach USD 19.66 billion in 2030 and is anticipated to grow at a CAGR of 6.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Key drivers include increasing health consciousness and the adoption of protein-rich diets, particularly in emerging economies like China and India. The demand for infant formula, which heavily relies on milk proteins like casein and whey, is also a significant factor, driven by rising awareness of early-life nutrition and the growing number of working mothers. In addition, the sports nutrition and functional food sectors are expanding, further boosting demand for milk proteins due to their high nutritional value and versatility in food applications.
The concentrates milk protein held a major share of the market. They are widely used in infant formula, sports nutrition, and packaged dairy products like cheese and yogurt, driven by consumer demand for high-protein diets and health-conscious eating habits. The concentrates offer high protein content with low lactose levels, making them ideal for various applications. In addition, advancements in processing techniques and the growing preference for protein-rich foods have further boosted their market presence.
The powder milk protein segment held the largest share of the market. Powdered milk proteins, such as whey and casein, are easily incorporated into various food and beverage applications, including protein shakes, smoothies, and baking recipes. Their popularity stems from the development of flavored and functional formulations that cater to diverse consumer preferences and nutritional needs. In addition, powdered forms offer better shelf life and ease of transportation, making them a preferred choice for manufacturers and consumers.
Food & Beverages segment held the largest share of the market. Milk proteins are widely used in dairy items such as cheese, yogurt, and ice cream, as well as in non-dairy applications such as protein bars and baked goods. Their functional properties, including emulsification and texture enhancement, make them ideal for enhancing nutritional value and consumer appeal.
North America accounted for the largest share of the market. The region's thriving sports nutrition sector, which extensively uses milk proteins in supplements and beverages, is a key driver. In addition, advancements in food processing and regulatory standards set by organizations like the FDA ensure quality and safety, fostering trust among consumers. The U.S., with its large health-conscious population, plays a pivotal role in this market, further bolstering North America's position as the largest market share holder.
Various steps are adopted by the leading market players, including new product launches, partnerships, mergers & acquisitions, global expansion, and others to gain more share of the market.
Milk Protein Market Report Highlights:
- Asia Pacific is expected to grow at a considerable CAGR over the forecast period from 2023 to 2030. This growth is due to rapid urbanization, increasing disposable incomes, and shifting dietary patterns. The region's expanding sports nutrition and functional food sectors, driven by rising health consciousness and Western dietary influences, are key drivers.
- The isolates segment is estimated to grow at a substantial CAGR over the forecast period due to its high protein content and purity, making it ideal for sports nutrition and functional foods. Technological advancements in filtration processes enhance its quality and nutritional profile, aligning with consumer preferences for clean-label products.
- The liquid segment is anticipated to grow at a faster CAGR over the forecast period. Increasing demand for ready-to-drink (RTD) protein beverages and fortified dairy products has driven the growth as consumers seek convenient, on-the-go nutrition solutions, particularly in the sports nutrition and functional beverages markets.
- The dietary supplements segment is anticipated to grow at a faster CAGR over the forecast period. This growth is driven by the rising demand for sports nutrition and functional foods, particularly among fitness enthusiasts and health-conscious individuals.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Form Outlook
- 2.4. Application Outlook
- 2.5. Regional Outlook
Chapter 3. Milk Protein Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration and Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.3.2. Sales Channel Analysis
- 3.3.3. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter's
- 3.5.2. PESTEL Analysis
- 3.6. Market Entry Strategies
- 3.7. Milk Protein Retail Pricing Analysis by Country, 2024 (USD)
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. Milk Protein Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2024 & 2030
- 5.2. Concentrates
- 5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 5.3. Isolates
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 5.4. Hydrolyzed
- 5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
Chapter 6. Milk Protein Market: Form Estimates & Trend Analysis
- 6.1. Form Movement Analysis & Market Share, 2023 & 2030
- 6.2. Powder
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 6.3. Liquid
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
Chapter 7. Milk Protein Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2023 & 2030
- 7.2. Food & Beverages
- 7.2.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.2.2. Dairy Products
- 7.2.2.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.2.3. Bakery & Confectionery
- 7.2.3.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.2.4. Functional Foods
- 7.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.2.5. Beverages
- 7.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.2.6. Others
- 7.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.3. Infant Formula
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.4. Dietary Supplements
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.5. Animal Feed
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 7.6. Others
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
Chapter 8. Milk Protein Market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 8.2. Regional Movement Analysis & Market Share, 2024 & 2030
- 8.3. North America
- 8.3.1. U.S.
- 8.3.1.1. Key country dynamics
- 8.3.1.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.3.2. Canada
- 8.3.2.1. Key country dynamics
- 8.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.3.3. Mexico
- 8.3.3.1. Key country dynamics
- 8.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.4. Europe
- 8.4.1. Germany
- 8.4.1.1. Key country dynamics
- 8.4.1.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.4.2. UK
- 8.4.2.1. Key country dynamics
- 8.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.4.2.3.
- 8.4.3. France
- 8.4.3.1. Key country dynamics
- 8.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.4.4. Italy
- 8.4.4.1. Key country dynamics
- 8.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.5. Asia Pacific
- 8.5.1. China
- 8.5.1.1. Key country dynamics
- 8.5.1.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.5.2. Japan
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.5.3. India
- 8.5.3.1. Key country dynamics
- 8.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.5.4. Australia & New Zealand
- 8.5.4.1. Key country dynamics
- 8.5.4.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.6. Latin America
- 8.6.1. Brazil
- 8.6.1.1. Key country dynamics
- 8.6.1.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
- 8.7. Middle East & Africa
- 8.7.1. South Africa
- 8.7.1.1. Key country dynamics
- 8.7.1.2. Market estimates and forecast, 2018 - 2030 (USD Million, Kilo Tons)
Chapter 9. Competitive Analysis
- 9.1. Recent developments & impact analysis, by key market participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Market Share Analysis, 2024 (%)
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.9. Company Profiles
- 9.9.1. Saputo, Inc
- 9.9.1.1. Company Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Portfolios
- 9.9.1.4. Strategic Initiatives
- 9.9.2. Actus Nutrition
- 9.9.2.1. Company Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Portfolios
- 9.9.2.4. Strategic Initiatives
- 9.9.3. Agropur
- 9.9.3.1. Company Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Portfolios
- 9.9.3.4. Strategic Initiatives
- 9.9.4. Idaho Milk Products
- 9.9.4.1. Company Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Portfolios
- 9.9.4.4. Strategic Initiatives
- 9.9.5. Vitalis Nutrition.
- 9.9.5.1. Company Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Portfolios
- 9.9.5.4. Strategic Initiatives
- 9.9.6. Glanbia, Plc.
- 9.9.6.1. Company Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Portfolios
- 9.9.6.4. Strategic Initiatives
- 9.9.7. AMCO Proteins
- 9.9.7.1. Company Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Portfolios
- 9.9.7.4. Strategic Initiatives
- 9.9.8. Carbery Group
- 9.9.8.1. Company Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Portfolios
- 9.9.8.4. Strategic Initiatives
- 9.9.9. Kerry Group plc
- 9.9.9.1. Company Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Portfolios
- 9.9.9.4. Strategic Initiatives
- 9.9.10. Arla Foods Ingredients
- 9.9.10.1. Company Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Portfolios
- 9.9.10.4. Strategic Initiatives
- 9.9.11. Fonterra Co-Operative Group Limited
- 9.9.11.1. Company Overview
- 9.9.11.2. Financial Performance
- 9.9.11.3. Product Portfolios
- 9.9.11.4. Strategic Initiatives
- 9.9.12. FRIESLANDCAMPINA N.V.
- 9.9.12.1. Company Overview
- 9.9.12.2. Financial Performance
- 9.9.12.3. Product Portfolios
- 9.9.12.4. Strategic Initiatives
- 9.9.13. Groupe Lactalis
- 9.9.13.1. Company Overview
- 9.9.13.2. Financial Performance
- 9.9.13.3. Product Portfolios
- 9.9.13.4. Strategic Initiatives
- 9.9.14. Dairy Farmers of America, Inc.
- 9.9.14.1. Company Overview
- 9.9.14.2. Financial Performance
- 9.9.14.3. Product Portfolios
- 9.9.14.4. Strategic Initiatives