A recent study by PMR foretells the global milk protein concentrate market
to record an expansion rate of 4.0% over the forecast period of 2019 2027. The
global milk protein concentrate market is expected to grow at a significant
rate in the coming years, driven by increasing demand for high-protein
functional foods and beverages, as well as growing health consciousness among
consumers. The market is also being driven by the increasing use of MPC in
animal feed as a protein source.
According to the latest research report by PMR, the major
factor that is driving the global milk protein concentrate market is the
growing demand for infant formulations in developing economies. Milk protein
concentrates are majorly used in the production of infant formulations as they
contain elevated levels of encapsulated, bioavailable calcium in its natural
form. Factors such as increased awareness among parents about the nutritional
benefits of infant formula, increased birth rates in several countries and the
increasing number of working women are promoting the demand for milk protein
concentrate.
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Moreover, the increasing number of health-conscious
consumers globally have accelerated the usage of milk protein concentrate in
food products. Milk protein concentrate, due to its high protein and low
lactose content is presenting a global dietary trend towards greater protein
consumption. Milk protein concentrate benefits the middle class and is bringing
about a paradigm change in the emerging markets that are shifting to a high
protein diet.
One of the key trends in the milk protein concentrate market
is the increasing demand for plant-based protein sources. This trend is driven
by the growing awareness of the environmental and sustainability benefits of
plant-based proteins, as well as the increasing prevalence of plant-based
diets. As a result, many companies are launching plant-based protein products
that are fortified with MPC to meet the growing demand for high-protein
plant-based options.
The milk protein
concentrate market is highly competitive, with a large number of players
operating at the global level. Some of the key players in the market include
Kerry Group,Glanbia PLC,Grassland Dairy,Arla Foods.,Fonterra Co-operative
Group,Westland Milk Products,Tatura Milk Industries Ltd,Erie Foods
International,Nutrinnovate Australia,Idaho Milk Products, Inc.,Darigold
Ingredients,Paras Dairy,ENKA SÜT A. These companies have a strong presence in
the market and are constantly looking for ways to expand their reach and
increase their market share.
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PMR Forecasts that Poor Solubility Standards Are Majorly
Deterring the Milk Protein Concentrate Market
Dairy Ingredients and dairy products are continuing to
evolve and grow as new technologies are being adopted by the food industry.
However, milk protein concentrates are more susceptible to instabilities such
as poor emulsification, water binding, foaming. The major problems associated
with milk protein concentrate are poor solubility standards mainly attributed
to high calcium and high protein content. Therefore, poor solubility issues in
milk protein concentrate have several detrimental effects on other functional
properties and have been considered to be the most significant obstacle in
realization of the full market potential.
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Milk protein concentrates are dairy based high protein
ingredients produced from concentrating and ultrafiltration of skimmed milk.
Milk protein concentrate contains both proteins, casein and whey in a similar
ratio. The milk protein concentrate market is fairly concentrated with the
presence of a few selected vendors. An increased number of product launches is
enhancing the revenue flow of key vendors and also increasing their market
share. New product launches are also helping consumers to have a keen interest
on the market.
In conclusion, the global milk protein concentrate market is
expected to experience significant growth in the coming years, driven by
increasing demand for high-protein functional foods and beverages, as well as
growing health consciousness among consumers. The market is also being driven
by the increasing use of MPC in animal feed as a protein source. The market is
highly competitive, with a large number of players operating at the global
level.
Read More: https://www.openpr.com/news/672511/government-support-will-milk-protein-concentrate-market-size.html
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Milk Protein Concentrate Market News, Milk Protein
Concentrate Market Research, Milk Protein Concentrate Market Size, Milk Protein
Concentrate Market Forecast, Milk Protein Concentrate Market CAGR
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