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The Canada milk protein market size reached is projected to grow at a CAGR of 6.1% between 2024 and 2032.The major drivers of the market include rising consumption of dietary supplements and nutraceuticals and expansion of the cosmetics sector.
Milk proteins can be divided into two broad categories, soluble and insoluble proteins. The soluble protein, casein, is arranged into macromolecular units called micelles. Casein increases the absorption of minerals, including phosphorus and calcium. The insoluble protein, whey protein is rich in branded chain amino acids, such as valine, leucine, and isoleucine.
On the basis of type, the market is bifurcated into casein and caseinates and whey proteins. Based on livestock, the market is divided into cow, buffalo, goat, and sheep. On the basis of form, the market is segregated into concentrates, hydrolysed, and isolates. Based on distribution channels, the market is bifurcated into online and offline.
On the basis of application, the market is divided into food and beverages, nutraceutical and dietary supplements, pharmaceutical, cosmetics and personal care, and animal feed, among others. Based on region, the market is segmented not Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Canada milk protein market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per Canada milk protein market analysis, whey proteins are anticipated to witness significant growth over the forecast period. This growth can be attributed to the wide range of applications of the product in food sector due to its flavour binding and water binding properties. Whey protein also has high solubility and foaming and emulsifying properties. The increased incorporation of whey in diets due to growing awareness about the various positive effects associated with their utilisation is further supporting the segment expansion. These benefits include promotion of muscle growth, lowering of blood pressure, and reduced inflammation, among others.
Food and beverages are anticipated to account for a significant Canada milk protein market share. This growth can be attributed to the rising utilisation of whey proteins and casein in production of frozen products including yoghurt, ice cream, and cheese, among others. The proteins are used in dairy products to facilitate thickening, emulsification, and thickening, among others. Whey protein is also used as an ingredient for fat replacement in various food products including sauces, dressings, ice cream, and fermented milk, among others, bolstering the Canada milk protein market demand.
Glanbia Plc is one of the leading food and beverage services providing companies that was founded in 1997 and is headquartered in Kilkenny, Ireland. The company specialises in whey proteins, micronutrient premix solutions, and dairy ingredients, among others.
Kerry Group Plc is a food and beverage company that was founded in 1972 and is headquartered in Kerry, Ireland. The company specialises in casein, caseinates, whey proteins, and sustainable nutrition, among others.
Nestle S.A. is a food and beverage processing conglomerate that was founded in 1866 and is headquartered in Vevey, Switzerland. The company specialises in milk proteins, ice cream, dairy, coffee and beverages, and healthcare nutrition, among others.
Other Canada milk protein market key players include Agropur Cooperative, Farbest-Tallman Foods Corporation, Kraft Heinz Co. (Lactalis International), Saputo Inc., Lactoprot Deutschland GmbH, FoodTec Canada Inc., and Walker Farms, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Livestock |
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Breakup by Application |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 6.1% between 2024 and 2032.
The major market drivers include rising consumption of dietary supplements and nutraceuticals and expansion of the cosmetics sector.
The key trends fuelling the growth of the market include rising requirement for alternate protein sources due to growing adoption of vegetarianism and increasing accessibility of the product due to rising availability across both online and offline distribution channels.
The major regions in the market are Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The applications of milk proteins include food and beverages, nutraceutical and dietary supplements, pharmaceutical, cosmetics and personal care, and animal feed, among others.
The different distribution channels include online and offline.
The significant types of milk proteins include casein and caseinates and whey proteins.
The key players in the market are Glanbia Plc, Kerry Group Plc, Nestle S.A., Agropur Cooperative, Farbest-Tallman Foods Corporation, Kraft Heinz Co. (Lactalis International), Saputo Inc., Lactoprot Deutschland GmbH, FoodTec Canada Inc., and Walker Farms, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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