Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Micellar Casein Market Size

The global micellar casein market attained a value of USD 570.10 million in 2023. The market is further expected to grow at a CAGR of 6% in the forecast period of 2024-2032 to reach a value of approximately USD 963.17 million by 2032.

 

Global Micellar Casein Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million 570.10
Market Size 2032 USD Million 963.17
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 6.0%
CAGR 2024-2032 - Market by Region North America 6.2%
CAGR 2024-2032 - Market by Country India 7.9%
CAGR 2024-2032 - Market by Country Canada 7.1%
CAGR 2024-2032 - Market by Distribution Channel Online 11.8%
CAGR 2024-2032 - Market by Application Nutritional Beverages 6.8%
Market Share by Country 2023 Germany 4.8%

 

Micellar Casein Market Report Snapshots

Micellar Casein Market Size

Micellar Casein Market Growth

Micellar Casein Market Trends

Micellar Casein Companies

Micellar Casein Market Regional Analysis

 

*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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Key Questions Answered in the Report

The global micellar casein market is projected to grow at a CAGR of 6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 963.17 million by 2032.

The major drivers of the market include the rising incorporation of micellar casein in food and beverages owing to its favourable functional properties, the growing health awareness, the increasing consumption of baked goods, and the surging demand for powdered protein beverages.

The key trends guiding the market growth include the shift towards protein-rich diets, the growing popularity of nutritional powders, increasing investments in R&D activities by major players, and new product launches.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading product types of micellar casein in the market are micellar casein isolate and micellar casein concentrate.

Nutritional beverages, bakery, nutritional powders and bars, dairy products, and infant formulas, among others, are the major applications of micellar casein.

The significant distribution channels in the market are hypermarkets/supermarkets, convenience stores, specialty stores, and online, among others.

The major players in the market are Idaho Milk Products, Inc., Milk Specialties Global, and Leprino Foods Company, among others.

The market attained a value of USD 570.10 million in 2023.

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63 Fiona Drive, Tamworth, NSW

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+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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+84-865-399-124

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