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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
United States Milk Protein Market Trends
The current population of geriatrics (60+) living in the USA is 58 million, which is expected to grow to 82 million by 2050, thereby registering a 47% increase. The proportion of adults aged 65+ years in the USA is expected to rise to 23% by 2050, which will create a huge opportunity for health and wellness companies to create milk protein products (powders and shakes, among others) and satisfy huge consumer demand for protein consumption.
Gen Zs are increasingly attracted towards naturally formulated sports drinks, which possess a high protein content and contain no artificial sweeteners. Such beverages can boost energy instantly without any adverse side effects on human health. The absence of artificial preservatives and ingredients makes milk protein beverages a healthy choice for long-term consumption, fuelling the market.
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.*
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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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+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