The global dairy protein ingredients market is driven by the high nutritional value and functional properties offered by these ingredients. With a wide range of products, including milk protein, whey protein, casein, and caseinates, they are utilized in various applications such as exercise performance, body enhancement, infant formula, and muscle growth. Growing health and fitness awareness, coupled with the increasing demand for protein-rich diets, further fuels market growth. Additionally, the rise in consumer preference for clean-label and natural products drives manufacturers to develop innovative dairy protein ingredients to meet diverse customer needs. The market is expected to witness steady growth as dairy protein ingredients continue to play a significant role in the food and beverage industry, catering to various nutritional and functional requirements.
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Data Bridge Market Research analyses that the Global Dairy Protein Ingredients Market which was USD 14,111.88 million in 2022, is expected to reach USD 32,373.15 million by 2030, and is expected to undergo a CAGR of 11.0% during the forecast period of 2023 to 2030. Rising disposable income in emerging economies has positively impacted the global dairy protein ingredients market. With higher purchasing power, consumers are willing to spend on premium and healthier food products, including those containing dairy protein ingredients. As a result, manufacturers are witnessing increased demand for such ingredients, driving market growth in these regions.
Key Findings of the Study
The rise in dairy consumption worldwide is expected to drive the market's growth rate
The rise in dairy consumption worldwide has become a significant driver for the global dairy protein ingredients market. As consumers recognize the nutritional benefits of dairy products, there is a growing preference for food products and dietary supplements enriched with dairy protein ingredients. Manufacturers are responding to this demand by incorporating dairy protein ingredients into a wide range of products, further fueling market growth and driving innovation in the dairy industry.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Milk Protein, whey protein, Casein Protein), Content (30%-85%, 85%-95%, 95% and above), Form (Dry, Liquid), Application (Bakery Product, Dairy Products, Sport Nutrition, Confectionery, Beverages, dietary supplement, Infant Formula, Nutritional Bars, Breakfast Cereals, Sauces, Dressings and Seasonings, RTE Meals, Meat and Poultry Products)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Fonterra Co-operative Group (New Zealand) Unternehmensgruppe Theo Müller (Germany) Westland Milk Products (New Zealand) LACTALIS Ingredients (France) FrieslandCampina Ingredients (Netherlands) Nutrinnovate Australia (Australia) Glanbiaplc (Ireland) TATURA (Australia) Darigold (U.S.) Arla Foods Ingredients Group P/S (Denmark) AMCO Proteins (U.S.) Idaho Milk Products (U.S.) wheyco GmbH (Germany) Hoogwegt (Netherlands) Kerry Inc. (Ireland) Agropur US (U.S.) Milk Specialties (U.S.) ALPAVIT (Germany) Cniel (France) Lacto Japan (Japan)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The dairy product ingredients market is segmented on the basis of type, content, form, and application.
- On the basis of type, the dairy product ingredients market is segmented into milk protein, whey protein, and casein protein.
- On the basis of content, the dairy product ingredients market is segmented into 30%-85%, 85%-95%, and 95% and above.
- On the basis of form, the dairy product ingredients market is segmented into dry, liquid
- On the basis of application, the dairy product ingredients market is segmented into bakery product, dairy products, Sport Nutrition, confectionery, beverages, dietary supplements, infant formula, Nutritional Bar, Breakfast Cereal, Sauces, dressings and seasonings, RTE meals, meat and poultry products.
Major Players
Data Bridge Market Research recognizes the following companies as the major global dairy protein ingredients market players in global dairy protein ingredients market are Fonterra Co-operative Group (New Zealand) Unternehmensgruppe Theo Müller (Germany) Westland Milk Products (New Zealand) LACTALIS Ingredients (France) FrieslandCampina Ingredients (Netherlands) Nutrinnovate Australia (Australia) Glanbiaplc (Ireland) TATURA (Australia)
Market Developments
- In July 2022: Fonterra's global ingredient business, NZMP, partnered with Tillamook County Creamery Association (TCAA) and Three Mile Canyon Farms to introduce Pro-OptimaTM, a functional whey protein concentrate (fWPC), in the US market.
- In May 2022: Arla inaugurated a new production plant at Pronsfeld Dairy in Germany, investing EUR 190 million to meet the growing international demand for sustainable and nutritious dairy products, primarily milk powder.
- In May 2022: Fonterra launched myNZMP, an online dairy platform, to provide customers with increased convenience, flexibility, and information while ordering ingredients, responding to customer demands for a streamlined purchasing experience.
- In January 2020: Burcon (Canada) and Merit Functional Foods (Canada) formed a strategic partnership with Nestlé to develop and commercialize plant-based protein ingredients for Nestlé's plant-based foods.
- In August 2019: PURIS (US) received a USD 75 million investment from Cargill to enhance pea protein, starches, and fibers production capacity.
- In November 2022: International Flavors & Fragrances Inc. launched Supro Tex, a soy-based plant protein ingredient with 80% protein content, expanding DuPont's portfolio in the plant-based protein category.
Regional Analysis
Geographically, the countries covered in the global dairy protein ingredients market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Europe is the dominant region in global dairy protein ingredients market during the forecast period 2023 - 2030
The dominance of Europe in the global dairy protein ingredients market can be attributed to the increasing demand for dairy protein food products by the region's population. Consumers in Europe are showing a growing preference for protein-rich diets, leading to higher demand for food products containing dairy protein ingredients. In response to this demand, manufacturers are actively focused on providing a wide range of high-quality dairy protein ingredients that can be used in various food products, further bolstering their market share in the region.
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