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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Micellar Casein Market Regional Analysis
North America and Europe to Provide Enhanced Growth Opportunities for the Micellar Casein Industry Expansion
North America and Europe account for a significant share in the industry and are expected to witness further growth in the forecast period. The increased consumption of baked goods, rising health awareness, high consumer spending power, and increasing demand for powdered protein drinks are the major factors increasing the micellar casein market revenue in the region. Meanwhile, the Asia Pacific is expected to witness robust growth in the forecast period owing to the presence of a large population, improving living standards, and a growing pool of health-conscious consumers in the region.
Micellar Casein Market Report Snapshots
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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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