Market Size of Casein And Caseinates Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.26 % |
| Fastest Growing Market | Food and Beverages |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Casein And Caseinates Market Analysis
The global casein and caseinates market was valued at USD 1,095.8 million and is expected to register a CAGR of 4.26% over the next five years.
- The wider functionality of casein and caseinates in enhancing the physical and nutritional quality, mainly its slower digestibility, drove its application in the food and beverages segment. The projected growth of casein and casein in the sector is attributed to its functional characteristics, which have led to continual market innovation and research.
- Natural products that are high in protein are increasingly in demand as people become more health conscious. The entire amino acid profile of casein and caseinates makes them high-quality proteins that are frequently used in dietary supplements and foods. Even though casein comes from milk, caseinate products can be utilized to make non-dairy creams and plant-based beverages. As more people experiment with plant-based diets, caseinate-based products give businesses a chance to develop dairy-free alternatives with comparable beneficial characteristics.
- Moreover, manufacturers are launching innovative products to address the changing needs of the industry. For instance, Arla Foods Ingredients launched the first-ever organic micellar casein isolate to meet manufacturers' demand for organic, natural, and functional protein products. The company claims that the new micellar casein isolate, MicelPure, contains a minimum of 87% native protein.
- It is suitable for food, functional health foods, and active nutrition applications, and it is low in lactose and fat, heat-stable, and taste-neutral. Casein and caseinates are used in non-food industries, including adhesives, paints, and plastics, in addition to the food business, which helps to explain the rise in demand.
Casein And Caseinates Industry Segmentation
Casein is a component that can be derived from milk and seeds of leguminous plants. Caseinate is defined as any of the several salts derived from casein via the coagulation of milk protein.
The global casein and caseinates market is segmented by end-user and geography. Based on the end-user, the market is segmented into animal feed, food and beverages, personal care and cosmetics, and supplements. The food and beverages segment is further sub-segmented into the bakery, beverages, breakfast cereals, condiments/sauces, dairy and dairy alternative products, RTE/RTC food products, and snacks. The supplements segment is further sub-segmented into baby food and infant formula, elderly nutrition and medical nutrition, and sport/performance nutrition. Moreover, it analyzes the global milk protein market in emerging and established regions, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
For each segment, the report offers the market size in value terms in USD and in volume terms in tons for all the abovementioned segments.
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Casein And Caseinates Market Size Summary
The casein and caseinates market is experiencing steady growth, driven by their versatile applications in the food and beverage industry. These proteins are valued for their ability to enhance the physical and nutritional quality of products, particularly due to their slow digestibility. This characteristic makes them popular in dietary supplements and foods, especially in the sports nutrition sector, where they support muscle protein synthesis. The demand for natural, high-protein products is rising as consumers become more health-conscious, and casein and caseinates are increasingly used in both dairy and non-dairy products, including plant-based beverages. The market is also seeing innovation, with companies like Arla Foods Ingredients introducing organic micellar casein isolates to meet the demand for natural and functional protein products.
In addition to their use in food applications, casein and caseinates are also utilized in non-food industries such as adhesives, paints, and plastics, contributing to their growing demand. The market is characterized by the presence of major players like Arla Foods AMBA, Fonterra Co-operative Group Limited, and Kerry Group plc, who are focusing on strategic planning and product innovation to expand their market share. The introduction of new products with label claims such as naturally derived and organic ingredients is a common strategy to differentiate offerings. Partnerships, like that between ADM and New Culture, highlight the industry's commitment to sustainability and the development of alternative dairy products. Overall, the casein and caseinates market is poised for continued growth, supported by ongoing research and innovation in response to evolving consumer and industry needs.
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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1.1.1 Growing trend and Increasing Inclination towards Protein-rich Functional Food and Beverages
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1.1.2 Increasing Product Innovation Due to Beneficial Functional Properties of Casein
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1.2 Market Restraints
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1.2.1 Competition from Other Substitute Products
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1.3 Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Threat of New Entrants
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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 End-User
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2.1.1 Animal Feed
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2.1.2 Personal Care and Cosmetics
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2.1.3 Food and Beverages
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2.1.3.1 Bakery
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2.1.3.2 Beverages
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2.1.3.3 Confectionery
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2.1.3.4 Dairy and Dairy Alternative Products
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2.1.3.5 RTE/RTC Food Products
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2.1.3.6 Snacks
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2.1.4 Supplements
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2.1.4.1 Baby Food and Infant Formula
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2.1.4.2 Elderly Nutrition and Medical Nutrition
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2.1.4.3 Sport/Performance Nutrition
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 United Kingdom
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2.2.2.2 Germany
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2.2.2.3 France
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2.2.2.4 Russia
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2.2.2.5 Italy
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2.2.2.6 Spain
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2.2.2.7 Rest of Europe
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2.2.3 Asia Pacific
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2.2.3.1 India
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2.2.3.2 China
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2.2.3.3 Japan
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia-Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle East & Africa
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2.2.5.1 South Africa
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2.2.5.2 Saudi Arabia
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2.2.5.3 Rest of Middle East & Africa
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Casein And Caseinates Market Size FAQs
What is the current Global Casein and Caseinates Market size?
The Global Casein and Caseinates Market is projected to register a CAGR of 4.26% during the forecast period (2024-2029)
Who are the key players in Global Casein and Caseinates Market?
Arla Foods AMBA, Fonterra Co-operative Group Limited, Kerry Group plc, Royal FrieslandCampina N.V and Savencia Fromage & Dairy are the major companies operating in the Global Casein and Caseinates Market.
