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Report Overview
The global milk protein concentrate market is aided by the global milk market, which is likely to grow at a CAGR of 2.5% in the forecast period of 2024-2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- In 2022, around 930 million tonnes of milk were produced across the world, which offered ample opportunities for milk protein concentrates (MPC).
- India is the largest producer of milk in the world, offering a positive market for the MPC market players.
- Milk protein concentrates are high in protein and low in lactose, which makes them suitable for use in protein-fortified foods and beverages.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global milk protein concentrate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds. Major dairy companies are focusing on expanding their range of milk protein concentrates to meet the increasing demand for high-protein products. They are producing MPC with varying protein concentrations, typically between 40% and 90%, for use in sports nutrition, infant formula, and functional food products, among others.
Key Industry Players
Fonterra Co-Operative Group Limited
Fonterra, a global dairy company based in New Zealand, is owned by around 10,000 farmers. It is one of the world's leading dairy exporters, providing a wide range of products such as milk powders, butter, and cheese.
Sachsenmilch Leppersdorf GmbH
Located in Leppersdorf, it is a German dairy company that is part of the Müller Group. It is known as one of the largest and most technologically advanced dairy facilities in Europe.
LACTALIS Group
The LACTALIS Group, a French multinational corporation, is the largest dairy products provider in the world. It produces a wide variety of dairy goods such as cheese, milk, butter, and cream, among others.
Other market players are Glanbia PLC and Kerry Group, among others.
The comprehensive EMR report provides an in-depth assessment of the milk protein concentrate market based on the Porter's five forces model along with giving a SWOT analysis.
Milk Protein Concentrate Market Report Snapshots
Milk Protein Concentrate Market Size
*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 milk protein concentrate market is aided by the global milk market, which is likely to grow at a CAGR of 2.5% in the forecast period of 2024-2032.
The major industry drivers are rising health awareness, growing population, and the rising demand from the application sectors, especially the sports enthusiasts.
The key trends in the market are growing population of lactose intolerant consumers and purchasing of sports nutritional goods, protein-rich foods and beverages including dietary supplements and ready-to-eat foods.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Based on nature, the industry can be divided into powder and liquid.
MPC 40-55 is the dominant type in the industry.
The production methods include co-precipitation and ultra-filtration, among others.
The application sectors include dietary supplements, dairy products, infant formula, emulsifier, sports nutrition, and bakery and confectionary, among others.
The distribution channels can be divided into hypermarket and supermarket, convenience store, special store, and online, among others.
The major players in the industry are Fonterra Co-Operative Group Limited, Sachsenmilch Leppersdorf GmbH, LACTALIS Group, Glanbia PLC, and Kerry Group, 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