Organic Milk Protein Market Size, Projections, Drivers, Trends, Vendors, and Analysis
Organic Milk Protein Market Overview:
Milk protein is a concentrated form of milk and is commonly
available in powdered form. It is a skimmed milk powder with low level of
lactose comprising in it. The lactose is removed from the milk powder with the
help of an ultra-filtration process. Organic milk protein, on the other hand,
is a concentrate with low level of calories and high protein content. The
product is completely free from any added preservatives and is strictly
produced through various methods or processes in compliance with the standards
of organic food and beverages.
The global Organic
Milk Protein Market Size value reach $16.2 billion by 2028, with
a CAGR of 6.4% during the forecast period.
These milk proteins are not processed by using any
industrial solvents, irradiation, or synthetic food additives. It is consumed
as a functional food to enhance the metabolism of the body. Add to this, it has
its application in supplements, bakery products, infant foods, and
confectionary products. Due to its high nutrient contents and long shelf life,
it also plays an important role as an ingredient in various other food products
like cheese, yogurt, and confectionery items. The high content of protein and
rising demand from health-conscious consumers drive the global market for
organic milk proteins in a positive manner. All these factors play an important
role in driving the growth of the global organic milk protein market, which is
projected to attain a CAGR of 6.4% during the forecast period of 2021-2028.
Regional Analysis:
The global geographical segmentation of the organic milk
protein market is segmented into Europe, Asia Pacific, North America, and the
Rest of the World (RoW).
The European region holds a majority of the market share
globally and is expected to experience continued growth during the forecast
period. The Netherlands is identified as one of the biggest exporters of
organic milk protein thus contributing massively to the overall market in
Europe. The dominance of the region can also be attributed to countries like
Denmark and France, two other major exporters of organic milk, who export the
products to parts of the Middle East and Africa.
North America follows suit as the second-largest market
after Europe. The regional market in North America is majorly boosted by its
striking obese population and a growing awareness of healthy eating habits. The
US contributes the maximum market percentage to the region being one of the
leading exporters of organic milk protein worldwide.
Asia Pacific is an emerging market, which is expected to
experience the fastest growth during the forecast period. This is primarily
because of the increasing demand for nutritional products. Both India and China
are expected to hold huge organic milk protein market potential in the
forthcoming years.
Market Segmentations:
The global Organic
Milk Protein Market Overview segmentation is classified
by form, application, and type.
By form, the market includes bars, liquid, powder, and
others.
By type, the market comprises hydrolysate, concentrates,
isolates, and others.
By application, the market includes dairy products, sports
nutrition, supplements, infant formula, confectionery, bakery, and others.
By source, the market includes cow, buffalo, goat, and
others.
Competitive Landscapes:
Some of the noteworthy players in the global organic milk
protein market are Arla Foods (Denmark), Groupe Lactalis (France), Hevero
Hoogwegt (Netherlands), Fonterra Co-operative Group Limited (New Zealand), AMCO
Proteins (U.S.), FrieslandCampina (Netherlands), Kerry Group (Ireland), and
Ganbia plc. (Ireland).
Industry News:
Feb 9th, 2019, a Bengaluru-based organic dairy company named
Happy Milk announced the launch of Mishti Doi that is made from organic milk
from its very own farm. Taking a page from the product’s history and culture,
it will come packed in traditional mud pots.
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