Market Trends of Canada Milk Protein Industry
Increasing Demand for Supplement Nutrition, Processed Food and Beverages.
- There is an increase in demand for the supplement industry. This can be attributed to the high demand recorded by the supplement industry, especially in sports nutrition. The growing demand for milk protein in baby food and infant formula is also influencing the market growth. Due to their ability to deliver both whey proteins and casein, milk proteins remain a smart choice for bodybuilders. Additionally, their unaltered protein composition makes them the most natural protein type available in the market. This further boosts their popularity among consumers seeking the least processed ingredients in their purchase.
- Alternatively, the food and beverage industry was majorly driven by the beverage and bakery sectors. Milk proteins are gaining popularity in low-acid beverages due to their attributes offering greater solubility and heat stability. For example, the casein ingredients have wide applications in coffee/tea whiteners, whipping powders, and imitation milk. Milk contains casein protein that provides milk its white color.
- For instance, according to the UN Comtrade, the import value of casein in Canada accounted for USD 17.220 million in 2022. Thus, the increasing application of casein in food and beverages is further driving the market forward.
Understand The Key Trends Shaping This Market
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Whey Protein Holds the Significant Market Share in Milk Protein Market
- Whey proteins, due to their wide application in the food industry, hold a significant market share in the milk protein market. According to the International Journal of Health Sciences and Research articles, they stated that whey protein consists of various functional properties such as solubility, water binding, emulsification, gelation, flavor binding, foaming, etc. Thus, whey and whey components are considered value-added ingredients in many foods, including infant formulas, dairy, meats, sports nutrition foods, confections, bakery, beverages, snack foods, and other food products.
- For example, according to the UN Comtrade data, the import value of whey protein in Canada accounted for USD 87.828 million, which is a significant increase from when compared to the 2021 import value, which accounted for USD 60.473 million. The significant import value indicates the increasing demand for whey protein in the milk protein market.
- For instance, In 2021, Arla Foods Ingredients introduced a new whey protein ingredient to help meet the demand for high-protein yogurts. Nutrilac FO-7875 allows manufacturers to develop yogurts (both spoonable and drinkable) with higher protein content. Hence driving the milk protein market in the country.
