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.
Market Segmentations:
The global organic milk protein market 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.
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.
Competitive Landscapes:
Some of the noteworthy players in the global Key Organic Milk Protein Market Players 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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