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United States Milk Protein Market Size, Share, Analysis: By Form: Concentrates, Hydrolysed, Isolates; By End User: Animal Feed, Food and Beverages, Supplements, Personal Care and Cosmetics; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
United States Milk Protein Market Size
The United States milk protein market reached approximately USD 1.33 billion in 2023. The market is projected to grow at a CAGR of 5.5% between 2024 and 2032, reaching a value of around USD 2.18 billion by 2032.
Key Takeaways
Milk protein is obtained from filtered milk and is made up of whey protein and casein. It is a rich source of calcium and contains high quantities of branched-chain amino acids (including leucine and valine) which benefit muscle repair and enhance bone strength. It also prevents muscle breakdown at night by forming a gel-like substance in the human body for the stomach bacteria to feed from.
Most of the milk produced in the United States is used to manufacture dairy products and is not consumed directly. This prompts health and wellness companies to use dairy for manufacturing products like dry whey, lactose, and milk protein concentrate, among other things, boosting the United States milk protein market growth.
United States Milk Protein Market Report Snapshots
United States Milk Protein Market Size
United States Milk Protein Market Trends
United States Milk Protein Companies
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Milk Protein Market Overview
8.1 Key Industry Highlights
8.2 North America Milk Protein Historical Market (2018-2023)
8.3 North America Milk Protein Market Forecast (2024-2032)
8.4 North America Milk Protein Market Share by Country
8.4.1 United States
8.4.2 Canada
9 United States Milk Protein Market Overview
9.1 Key Industry Highlights
9.2 United States Milk Protein Historical Market (2018-2023)
9.3 United States Milk Protein Market Forecast (2024-2032)
10 United States Milk Protein Market by Form
10.1 Concentrates
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Hydrolysed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Isolates
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Milk Protein Market by End User
11.1 Animal Feed
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Food and Beverages
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Type
11.2.3.1 Bakery
11.2.3.2 Beverages
11.2.3.3 Breakfast Cereals
11.2.3.4 Condiments/Sauces
11.2.3.5 Dairy and Dairy Alternative Products
11.2.3.6 RTE/RTC Food Products
11.2.3.7 Snacks
11.3 Supplements
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.3.2.1 Baby Food and Infant Formula
11.3.2.2 Elderly Nutrition and Medical Nutrition
11.3.2.3 Sport/Performance Nutrition
11.4 Personal Care and Cosmetics
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 United States Milk Protein Market by Region
12.1 New England
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Mideast
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Great Lakes
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Plains
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Southeast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Southwest
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Rocky Mountain
12.7.1 Historical Trend (2018-2023)
12.7.2 Forecast Trend (2024-2032)
12.8 Far West
12.8.1 Historical Trend (2018-2023)
12.8.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Fonterra Co-operative Group Limited
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Arla Foods amba
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Royal FrieslandCampina N.V.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Glanbia plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Kerry Group plc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 LACTALIS Group
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Hoogwegt Group B.V.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Milk Specialties Global
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Dairy Farmers of America, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Idaho Milk Products, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Milk Protein Market: Key Industry Highlights, 2018 and 2032
2. United States Milk Protein Market: Key Industry Highlights, 2018 and 2032
3. United States Milk Protein Historical Market: Breakup by Form (USD Billion), 2018-2023
4. United States Milk Protein Market Forecast: Breakup by Form (USD Billion), 2024-2032
5. United States Milk Protein Historical Market: Breakup by End User (USD Billion), 2018-2023
6. United States Milk Protein Market Forecast: Breakup by End User (USD Billion), 2024-2032
7. United States Milk Protein Historical Market: Breakup by Region (USD Billion), 2018-2023
8. United States Milk Protein Market Forecast: Breakup by Region (USD Billion), 2024-2032
9. United States Milk Protein Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.33 billion.
The market is estimated to grow at a CAGR of 5.5% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 2.18 billion by 2032.
The major market drivers are growing concerns regarding skin and hair health and the rising use of milk protein in food and beverages.
The key trends aiding the market expansion include an increase in ageing population, increase in popularity of sports, and rising trend of health and fitness.
Concentrates, hydrolysed, and isolates are the different forms of milk protein.
Animal feed, food and beverages, supplements, and personal care and cosmetics are the various end users of milk protein.
The major players in the market are Fonterra Co-operative Group Limited, Arla Foods amba, Royal FrieslandCampina N.V., Glanbia plc, Kerry Group plc, LACTALIS Group, Hoogwegt Group B.V., Milk Specialties Global, Dairy Farmers of America, Inc., and Idaho Milk Products, Inc., among others.
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