North America Milk Protein Market Size (2024 - 2029)

The North America Milk Protein Market is projected to experience growth due to rising health awareness and the demand for functional and fortified foods, which are driving the need for milk protein ingredients. The market's expansion is supported by the versatile functional and nutritional properties of dairy ingredients, making them valuable in food products. Additionally, the increasing use of milk protein concentrate in infant formula and technological innovations in milk protein isolates are contributing to market growth. However, the market faces challenges from the growing trend of vegan diets and lactose intolerance, which may limit its expansion.

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Market Size of North America Milk Protein Industry

North America Milk Protein Market Summary
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

North America Milk Protein Market Major Players

*Disclaimer: Major Players sorted in no particular order

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 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
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North America Milk Protein Market Size Summary

The North America milk protein market is experiencing a notable expansion, driven by increasing consumer awareness of health and nutritional benefits. The demand for functional and fortified foods is on the rise, with milk protein ingredients playing a crucial role due to their versatile functional and nutritional properties. These ingredients are valued for their ability to enhance the richness, texture, flavor, and color of food products. The growing trend of maintaining a healthy lifestyle, coupled with the rising participation of women in the workforce, is shifting focus towards products like infant formula, which relies on milk protein concentrates for essential nutrition. Technological advancements, such as the development of Ultranor by Kerry Group PLC, are further propelling the market by offering innovative milk protein isolates suitable for various nutritional applications. However, the increasing popularity of vegan diets and lactose intolerance among consumers pose challenges to market growth.

The high-protein trend is gaining momentum in North America, with a significant increase in the introduction of high-protein food and beverage products. This trend is encouraging manufacturers to incorporate functional whey protein into packed foods, replacing high-fat ingredients while maintaining flavor and texture. The demand for whey protein is particularly strong among sportspersons and athletes seeking natural nutritional solutions. The market is characterized by a high level of fragmentation, with key players like Fonterra Co-operative Group Limited, FrieslandCampina Ingredients, and Glanbia PLC focusing on expanding their product offerings and investing in research and development. Strategic partnerships and mergers are also prevalent as companies aim to enhance their geographical presence and strengthen their market position. The growing demand for clean-label and organic products is driving innovation and product development, further supporting the market's growth trajectory.

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North America Milk Protein Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Consumer Inclination toward Protein-Rich Food driving the Market

      2. 1.1.2 Sustainable Milk Production Is Supporting The Milk Protein Ingredients Demand

    2. 1.2 Market Restraint

      1. 1.2.1 Inncreasing Market Penetration of Milk Protein Alternatives

  2. 2. Market Segmentation

    1. 2.1 Form

      1. 2.1.1 Concentrate

      2. 2.1.2 Isolate

      3. 2.1.3 Hydrolyzed

    2. 2.2 Application

      1. 2.2.1 Bakery and Confectionery

      2. 2.2.2 Infant Milk Formula

      3. 2.2.3 Dairy Products

      4. 2.2.4 Sports and Clinical Nutrition

      5. 2.2.5 Other Applications

    3. 2.3 Country

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Milk Protein Market Size FAQs

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.

In 2024, the North America Milk Protein Market size is expected to reach USD 228.40 million.

North America Milk Protein Market Report Snapshots

North America Milk Protein Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)