Market Size of Casein and Caseinates Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Casein and Caseinates Market Analysis
The casein and caseinates market is projected to register a CAGR of 5.2% during the forecast period.
Casein and caseinates are witnessing huge demand from food and beverage and other industrial applications, including plastic, fiber, paint, paper, glue, and textile. Cow's milk contains about 3.3% protein, 80% comprising large casein aggregates. Acid casein, whose precipitation is mainly generated through the use of hydrochloric acid, is employed by the chemical industry to produce colors, glues, glossy papers, and sealants.
In the food and beverage industry, caseinates are gaining popularity in the bakery and confectionery segment due to their immense functional benefits. Caseinate ingredients are used in baked goods, such as cheesecakes, puddings, frostings, and whipped toppings. Besides, the increasing applications of casein in the cosmetics and personal care industry, especially as hair and skin conditioning and emulsifying agents, are providing new opportunities for manufacturers to increase their market shares. Casein and caseinates have been widely used in dietary supplements. Thus, the demand for dietary supplements is also anticipated to drive the market studied. According to the Council for Responsible Nutrition (CRN), a record-breaking 80% of American adults aged 18 and above used dietary supplements in 2021. The market for nutritional supplements has experienced significant expansion, particularly for vitamins and protein supplements.
Caseinates are used because of their numerous functional properties and their nutritional and dietary qualities. The main reasons for this trend are an increase in the number of health and fitness centers and an increase in consumer health consciousness. Over the forecast period, the demand for casein and caseinates is expected to rise. The increasing range of applications of casein in the cosmetics and personal care industry, particularly as emulsifying agents and hair and skin conditioners, are providing new opportunities for casein manufacturers to increase their market share.
Casein and Caseinates Industry Segmentation
Casein can be defined as the protein found in milk, giving it its white color. Caseinates are the salts derived from casein by coagulating the milk protein.
The casein and caseinates market is segmented by casein type, caseinate type, application, and geography. Based on casein type, the market is segmented into rennet and acid casein. By caseinate type, the market is segmented into calcium, potassium, sodium, and other caseinate types. Casein and caseinates find their application in food and beverage, dietary supplements, pharmaceuticals, and other applications. The study analyzes the casein and caseinates market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| Casein Type | |
| Rennet Casein | |
| Acid Casein |
| Caseinate Type | |
| Calcium | |
| Potassium | |
| Sodium | |
| Other Caseinate Types |
| Application | |
| Food and Beverage | |
| Dietary Supplements | |
| Pharmaceuticals | |
| Other Applications |
| Geography | |||||||||
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Casein and Caseinates Market Size Summary
The casein and caseinates market is experiencing significant growth, driven by their increasing demand across various sectors such as food and beverages, cosmetics, and industrial applications. In the food industry, caseinates are particularly popular in bakery and confectionery products due to their functional benefits. The cosmetics and personal care sectors are also expanding their use of casein as emulsifying agents and conditioners, creating new opportunities for market players. Additionally, the rising health consciousness and the growing number of health and fitness centers are boosting the demand for casein and caseinates, especially in dietary supplements and protein-rich foods. This trend is further supported by the increasing popularity of protein-based meal replacements and the demand for ingredient traceability and authenticity.
The market is characterized by its competitive and fragmented nature, with numerous regional and domestic players such as Royal FrieslandCampina NV, Fonterra Co-operative Group Limited, Groupe Lactalis, Arla Foods amba, and Kerry Group PLC. These companies are focusing on product innovations and expansions to enhance their market presence. For instance, Arla Foods has launched new products and expanded its production capabilities to meet the growing demand. The multifunctionality of casein and caseinates in various end-user industries, including bakery, confectionery, and nutritional beverages, is driving their demand. The market's growth is also supported by strategic partnerships and collaborations, as seen in the alliances formed by companies like Royal A-ware and Hoogwegt.
Casein and Caseinates Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Casein Type
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2.1.1 Rennet Casein
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2.1.2 Acid Casein
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2.2 Caseinate Type
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2.2.1 Calcium
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2.2.2 Potassium
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2.2.3 Sodium
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2.2.4 Other Caseinate Types
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2.3 Application
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2.3.1 Food and Beverage
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2.3.2 Dietary Supplements
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2.3.3 Pharmaceuticals
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2.3.4 Other Applications
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle East and Africa
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Casein and Caseinates Market Size FAQs
What is the current Casein and Caseinates Market size?
The Casein and Caseinates Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in Casein and Caseinates Market?
Fonterra Co-operative Group Limited, Groupe Lactalis, Arla Foods amba, Kerry Group PLC and Royal FrieslandCampina N.V. are the major companies operating in the Casein and Caseinates Market.
