North America Milk Protein Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 228.40 Million |
| Market Size (2029) | USD 287.80 Million |
| CAGR (2024 - 2029) | 4.73 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Milk Protein Market Analysis
The North America Milk Protein Market size is estimated at USD 228.40 million in 2024, and is expected to reach USD 287.80 million by 2029, growing at a CAGR of 4.73% during the forecast period (2024-2029).
- The rise in health and awareness of nutritional content has pushed the market for functional and fortified foods, creating demand for milk protein ingredients across the region. Manufacturers have been using dairy ingredients since they have versatile functional and nutritional properties, such as providing richness, texture, flavor, and color to food products. Additionally, there is an increased awareness about milk protein as consumers are maintaining a healthy lifestyle, as dairy proteins are rich in protein and have a superior content of amino acids.
- For instance, the rising participation of women in the labor force might reduce breastfeeding and thus shift the working mother's focus toward infant formula, as it offers essential nutritional needs for the baby's growth. Milk protein concentrate is one of the essential components of infant formula, which is likely to accelerate the growth of the milk protein ingredients market.
- Furthermore, technological innovations are accelerating the growth of milk protein isolates in the market. For instance, Kerry Group PLC has developed Ultranor, which is spray-dried milk protein isolates acquired by an ultra-filtered membrane. Ultranor milk protein isolates are greatly appropriate for value-added nutritional applications such as dietic formulation, nutritional beverages, bars, and cereals, as per the company.
- However, owing to an increasing trend of a vegan diet in the region, many people are switching to plant-based dairy products. Also, people who are lactose intolerant may not be able to digest the products properly; thus, these factors are expected to restrain the growth of the market
North America Milk Protein Market Trends
Consumer Inclination toward Protein-rich Food driving the Market
- The high-protein trend is gaining a foothold in the North American region as protein claims on food and drink launches continue its growth path. The absolute number of high-protein food and drink introductions has experienced strong growth over the past years, making it high in protein and one of the strongest growing claims in the food and drink market.
- Consumers in the region are prompting food and beverage manufacturers to include functional whey protein in the packed food products as it helps to replace the high-fat ingredients and maintains the same flavor and texture similar to the original formulation. Thus, the growing consumer demand for whey protein in packed food products is further propelling the growth of milk protein in the market.
- For instance, in June 2022, NZMP Fonterra's global ingredients business entered into a joint venture with Tillamook Country Creamery Association (TCCA) and Three Mile Canyon farms in the United States. It launched Pro-OptimaTM, a grade A functional whey protein concentrate, to the market.
- Furthermore, sportspersons and athletes are looking for natural and less processed nutritional solutions with proven benefits. Many milk protein manufacturing companies are launching new nutritional solutions to support sports nutrition manufacturers. For instance, in December 2021, Lactalis Ingredients launched high-protein concepts with two native protein sources, including Ponativ's Native Micellar Casein and Pronativ's Native Whey Protein, targeting sports nutrition and healthy aging.
- Thus, the ongoing consumer demand for high protein/protein-rich food and beverages is driving the application of milk protein ingredients actively across various end-user food and beverage industries in the region.
United States Holds the Major Share in the Market
- The prominence of nutritional enrichment in food and beverage products is growing. This is in line with the rising awareness in the market for maintaining a healthy lifestyle among different individuals and has a strong positive impact on milk proteins in the country. Moreover, the multifunctionality of milk proteins in different end-user industries in the country, such as bakery, confectionery, nutritional beverage, and dairy, is escalating the demand for the same in the country.
- Additionally, the demand for clean labels and organic products is increasing in the market. In turn, the demand for organic as well as clean-label milk proteins is increasing from the various end-user industries. This has led to an increase in the number of product innovations as well as mergers in the country, catering to the growing trend in the market; thereby, it is expected to drive demand for the market studied in the United States. Alongside this, the growing number of athletes in the country has increased the demand for whey protein ingredients, as it is commonly used in various sports drinks, energy drinks, and other functional foods and beverages.
- For instance, in June 2022, Fonterra Co-Operative Group entered a joint venture with Three Mile Canyon Farms as well as Tillamook County Creamery Association (TCCA) in the United States. This joint venture resulted in the launch of a whey protein concentrate on the market, namely, Pro-OptimaTM. This ingredient is a functional whey protein concentrate of Grade A quality.
North America Milk Protein Industry Overview
The North America milk protein market is highly fragmented, with companies including Fonterra Co-operative Group Limited, FrieslandCampina Ingredients, Glanbia PLC, Groupe Lactalis, and Milk Specialties Global occupying the major share in the market. The leading players focus on increasing their product offerings, thus producing a more comprehensive range of milk proteins. Additionally, these companies are increasing their investments in research and development (R&D) to develop products that are in line with customer needs. Moreover, companies are also focused on mergers & acquisitions and strategic partnerships to expand their geographical presence and strengthen their market position across international markets.
North America Milk Protein Market Leaders
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Fonterra Co-operative Group Limited
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FrieslandCampina Ingredients
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Glanbia PLC
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Groupe Lactalis
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Milk Specialties Global
*Disclaimer: Major Players sorted in no particular order
North America Milk Protein Market News
- March 2022: Glanbia Nutritionals introduced an innovative protein solution called Crunchie Milk Protein Bites, aimed at addressing the manufacturing and sensory challenges commonly encountered in protein extrusion within the snack and cereal categories. Glanbia's newly developed BarPro 100/120 MPCs were meticulously designed and optimized to overcome issues such as chalky, powdery, and glassy textures often associated with other protein products during extrusion. The result is a range of exceptional textures that elevate the overall snack and cereal experience.
- February 2022: Saputo Inc. unveiled a series of significant capital investments and consolidation initiatives strategically aimed at enhancing and streamlining its manufacturing operations in both the United States and international markets. These initiatives are part of the company's broader Global Strategic Plan, specifically falling under the Optimize and Enhance Operations pillar.
- December 2021: Lactalis Ingredients introduced high-protein concepts targeting the sports nutrition and healthy aging segments. These products include high-protein shakes and high-protein puddings, both featuring a unique blend of two native protein sources: Pronativ native micellar casein and Pronativ native whey protein.
North America Milk Protein Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Consumer Inclination toward Protein-Rich Food driving the Market
- 4.1.2 Sustainable Milk Production Is Supporting The Milk Protein Ingredients Demand
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4.2 Market Restraint
- 4.2.1 Inncreasing Market Penetration of Milk Protein Alternatives
5. Market Segmentation
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5.1 Form
- 5.1.1 Concentrate
- 5.1.2 Isolate
- 5.1.3 Hydrolyzed
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5.2 Application
- 5.2.1 Bakery and Confectionery
- 5.2.2 Infant Milk Formula
- 5.2.3 Dairy Products
- 5.2.4 Sports and Clinical Nutrition
- 5.2.5 Other Applications
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5.3 Country
- 5.3.1 United States
- 5.3.2 Canada
- 5.3.3 Mexico
- 5.3.4 Rest of North America
6. Competitive Landscape
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Fonterra Co-operative Group Limited
- 6.3.2 FrieslandCampina Ingredients
- 6.3.3 Glanbia PLC
- 6.3.4 Groupe Lactalis
- 6.3.5 Hoogwegt Group
- 6.3.6 Kerry Group PLC
- 6.3.7 Milk Specialties Global
- 6.3.8 Dairy Farmers Of America
- 6.3.9 Arla Foods Amba
- 6.3.10 Farbest-Tallman Foods Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Milk Protein Industry Segmentation
Milk proteins are proteins derived from milk, in a variety of forms and protein levels. Milk protein ingredients include milk protein concentrates (MPC) at varying protein levels and milk protein isolates (MPI), which contain the typical 80% casein and 20% whey protein found in milk.
North America milk protein market is segmented by form, application, and country. By form, the market is segmented into concentrate, isolate, and hydrolyzed milk proteins. By application, the market is segmented into bakery and confectionery, dairy products, Infant milk formula, sports, clinical Nutrition, and other applications. By country, the market is segmented into the United States, Canada, Mexico, and the Rest of North America.
For each segment, the market sizing and forecasts have been done on the basis of value (in USD).
| Form | Concentrate |
| Isolate | |
| Hydrolyzed | |
| Application | Bakery and Confectionery |
| Infant Milk Formula | |
| Dairy Products | |
| Sports and Clinical Nutrition | |
| Other Applications | |
| Country | United States |
| Canada | |
| Mexico | |
| Rest of North America |
North America Milk Protein Market Research FAQs
How big is the North America Milk Protein Market?
The North America Milk Protein Market size is expected to reach USD 228.40 million in 2024 and grow at a CAGR of 4.73% to reach USD 287.80 million by 2029.
What is the current North America Milk Protein Market size?
In 2024, the North America Milk Protein Market size is expected to reach USD 228.40 million.
Who are the key players in North America Milk Protein Market?
Fonterra Co-operative Group Limited, FrieslandCampina Ingredients, Glanbia PLC, Groupe Lactalis and Milk Specialties Global are the major companies operating in the North America Milk Protein Market.
What years does this North America Milk Protein Market cover, and what was the market size in 2023?
In 2023, the North America Milk Protein Market size was estimated at USD 217.60 million. The report covers the North America Milk Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Milk Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Milk Protein Industry Report
Statistics for the 2024 North America Milk Protein market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. North America Milk Protein analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
