Market Size of North America Casein And Caseinate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.93 % |
| Fastest Growing Market | Supplements |
| Largest Market | United States |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Casein And Caseinate Market Analysis
The North American casein and caseinate Market was valued at USD 343 million for the current year and is projected to register a CAGR of 4.93% over the next five years.
- The rising demand for foods high in protein, particularly in the functional food and sports nutrition sectors, drives the market growth. For muscle rehabilitation and maintenance, athletes and fitness enthusiasts prefer the valuable protein sources casein and caseinate because of their slow digestion. Demand for sports nutrition is rising as a rising number of sports enthusiasts.
- For instance, The share of the population who take part in team sports in the United States was 23.2% in 2022, according to the Physical Activity Council. The market expanded as a result of the growing use of casein and caseinate in numerous food applications, including cheese, bread goods, and beverages. These proteins are versatile ingredients for food producers since they provide functions like stabilizing, thickening, and emulsification.
- Moreover, because casein and caseinate come from milk and are considered more natural than some synthetic options, increased awareness of protein's health benefits and a preference for natural, clean-label products have also driven up demand.
- For instance, 22% of consumers choose only clean-label ingredient food in the United States, according to the International Food Information Council's (IFIC) food and health survey. Consumers concerned about the ill effects of carbonated beverages are turning toward protein-fortified drinks, thus boosting the application of casein in the food and beverage (F&B) sector. The rising rates of gym memberships and recommendations for protein consumption by trainers are likely to propel the growth of supplements during the forecast period.
North America Casein And Caseinate Industry Segmentation
Casein is the dominant protein in cow's milk and is responsible for its opaque, white appearance.
The North American casein and caseinate market is segmented into end-user and country. Based on end users, the market is segmented into animal feed, personal care and cosmetics, food and beverages, and supplements. Based on the country, the market is segmented into Canada, Mexico, the United States, and the rest of North America.
The market sizing has been done in value terms in USD and volume terms in tons for all the abovementioned segments.
| By End-User | ||||||||
| Animal Feed | ||||||||
| Personal Care and Cosmetics | ||||||||
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| By Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
North America Casein And Caseinate Market Size Summary
The North American casein and caseinate market is experiencing growth driven by the increasing demand for high-protein foods, particularly in the functional food and sports nutrition sectors. Athletes and fitness enthusiasts favor casein and caseinate due to their slow digestion properties, which aid in muscle rehabilitation and maintenance. The market is expanding as these proteins are increasingly used in various food applications such as cheese, baked goods, and beverages, offering functionalities like stabilizing, thickening, and emulsification. The preference for natural, clean-label products, as casein and caseinate are derived from milk, further boosts their demand. This trend is supported by a growing consumer shift towards protein-fortified drinks and dietary supplements, influenced by rising gym memberships and health-conscious recommendations.
The market is moderately consolidated, with major players like Arla Foods amba, Farbest-Tallman Foods Corporation, Fonterra Co-operative Group Limited, FrieslandCampina Ingredients, and Milk Specialties Global leading the industry. These companies focus on product development, strategic partnerships, and expansions to enhance their market position. The United States, being supplement-oriented, plays a significant role in the market, with a substantial volume of casein and caseinate consumed in the supplements industry. The ability of caseins to be slowly digested makes them popular in meal replacement and weight loss products, while their lower lactose content appeals to those with lactose sensitivity. High investments in research and development, along with product innovations, have enabled these companies to maintain a significant market share.
North America Casein And Caseinate 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 Rising Consumer Awareness about Health and Fitness
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1.1.2 Increasing the Use of Casein and Caseinate in Food and Beverage Industry
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1.2 Market Restraints
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1.2.1 High Competition From Alternative Protein Sources
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1.3 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 By 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 By Country
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2.2.1 Canada
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2.2.2 Mexico
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2.2.3 United States
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2.2.4 Rest of North America
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North America Casein And Caseinate Market Size FAQs
What is the current North America Casein and Caseinate Market size?
The North America Casein and Caseinate Market is projected to register a CAGR of 4.93% during the forecast period (2024-2029)
Who are the key players in North America Casein and Caseinate Market?
Arla Foods amba, Farbest-Tallman Foods Corporation, Fonterra Co-operative Group Limited, FrieslandCampina Ingredients and Milk Specialties Global are the major companies operating in the North America Casein and Caseinate Market.
