Milk Protein Isolate Market Overview
- In 2023, the milk protein isolate market was estimated to be worth USD 12.96 Billion.
- By 2034, the target market is expected to grow to USD 22.7 Billion.
- Target market is expanding at a CAGR of 6.3%
Market Overview:
Milk protein isolate market is driven by growing consumer awareness regarding physical fitness, increasingly adopting high-protein diets for muscle maintenance, weight management, and overall wellness. In addition innovations in filtration, ultrafiltration, and microfiltration technologies have improved the purity and functionality of milk proteins, making them more suitable for a wider range of applications are other factors propelling growth of the global market. Furthermore, technological advancements that increase the efficiency and cost-effectiveness of production are also anticipated to create opportunities for growth of the global market over the forecast period.
Key Takeaways:
- Asia Pacific held the largest share of the market in 2024.
- Europe is projected to be the fastest-growing market in the coming years.
- By product type, the concentrated segment dominates the target market growth.
- By source, the dairy-based segment holds the largest share of the market.
- By form, the dry segment is expected to dominate the target market growth.
- By end users,the food and beverages sector is expected to dominate the target market growth
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Milk Protein Isolate Market Drivers & Restraints
Key Drivers of Target Market:
Helps to Build Muscle Mass
Milk protein isolate is high in protein and amino acids, which means it’s great for muscle growth. It contains all nine essential amino acids your body can’t produce naturally, and it’s a good source of the amino acid leucine, which helps start muscle protein synthesis.
- For Instance, in September 2024, Nurri launched its Protein Milk Shakes, offering 30 grams of protein, 1 gram of sugar, and essential nutrients. It is packaged in 11oz cans and is available at Costco locations nationwide. This launch marks Nurri's entry into the milk-based beverage market, expanding its offerings to meet growing consumer demand for high-protein, low-sugar dairy options.
Restrains:
Health Related Issues
Although milk protein isolate has many benefits, it may cause issues for some people. Milk protein isolate is unsuitable for people with a cow’s milk protein allergy. Consuming too much milk protein isolate may cause digestive issues, such as bloating, flatulence, cramping, and nausea.
- Counterbalance Statements: One of the major solutions to this problem is to avoid too much consumption of milk protein isolate and it’s better to avoid it if the individual is allergic.
Opportunities:
New Innovations and Technological Advancements
The production sector of milk protein isolates has undergone a radical transformation in recent years due to innovations and technological advancements. It enhances functionality, hygiene,e, and user experience. Advanced technologies such as membrane filtration, ultrafiltration, spray drying, thermal modifying methods, etc. are used for the production of milk protein isolates.
Milk Protein Isolate Market Segmentations & Regional Insights
The market is segmented based on Product Type, Source, Form, End User, and Region.
By Product Type |
By Source |
By Form |
By End User |
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Product Type Insights:
On the basis of Product Type Milk Protein Isolate Market is segmented into Concentrates, Hydrolyzed, Isolated, and Others. Concentrates segment dominate the target market growth as it is widespread usage, and cost saving.
Source Insights:
The milk protein isolate market by source is segmented into Dairy-based, and Plant-based. Dairy-based segment holds the largest share of the market due to consumer preference, higher quantity of protein, etc.
- For Instance, in January 2024, Dairy firm Mother Dairy announced the launch of a buffalo milk variant in its species-based milk portfolio. The milk supplier said it expects business from the variant to grow to Rs 500 crore in the next one year.
Form Insights:
The milk protein isolate market by form is segmented into Dry, and Liquid. Dry segment is expected to dominate the target market growth due to long shelf life, its versatility, and low costs.
End User Insights:
The milk protein isolate market by end user is segmented into Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements, and Others. Food and Beverages sector is expected to dominate the target market growth due to consumer preference, high demand, widespread usage, etc.
Regional Insights
Asia Pacific: This region is expected to dominate the growth of the market during forecast period due to increasing demand for high protein food, rapid urbanization, changing dietary pattern, increasing health consciousness and the adoption of Western dietary habits, etc.
Europe: This region is considered to be the fastest growing region in the target market due to strong demand for high-protein foods and beverages, advanced food processing industry, and high consumer awareness of health and nutrition, large population of health-conscious consumers, etc.
Milk Protein Isolate Market Report Scope:
Attribute |
Details |
Market Size 2024 |
USD 13.4 Billion |
Projected Market Size 2034 |
USD 22.7 Billion |
CAGR Growth Rate |
6.3% (2024-2034) |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels, analyzing industry trends and opportunities across sub-segments from 2024 to 2034. It segments the market by Product Type, Source, Form, End User, and Region.
Segmentation:
By Product Type:
- Concentrates
- Hydrolyzed
- Isolated
- Others
By Source:
- Dairy-based
- Plant-based
By Form:
- Dry
- Liquid
By End User:
- Animal Feed
- Food and Beverages
- Personal Care and Cosmetics
- Supplements
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Milk Protein Isolate Market Competitive Landscape & Key Players
The key players operating in the milk protein isolate market include Nestle, DANONE, Arla Food Ingredients Group, Fonterra Co-Operative Group Limited, Glanbia plc., Kerry Group plc., FrieslandCampina Ingredients, Cargill, Incorporated, Saputo Dairy Australia Pty Ltd., Idaho Milk Products, Dairy Farmers of America, Inc., and LAND O’LAKES, INC.
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Milk Protein Isolate Market Recent News
- In August 2024, The Michigan Milk Producers Association (MMPA) and Canadian Dairy Distillery recently announced plans to construct a $41 million ethanol plant in Constantine, Michigan, which will transform 14,000 tons of milk permeate, a dairy byproduct, into 2.2 million gallons of ethanol annually.
- In July 2022, Danone has launched the new Dairy & Plants Blend baby formula to meet parents’ desire for feeding options suitable for vegetarian, flexitarian and plant-based diets, while still meeting their baby’s specific nutritional requirements. Danone has drawn on 50 years of scientific breast milk research and its heritage of leadership in plant-based foods – through well-known brands like Alpro & Silk – to develop this new dairy & plant-based baby formula recipe.
Analyst View:
The industry is placed for substantial growth due to growing consumer awareness regarding physical fitness, increasingly adopting high-protein diets for muscle maintenance, weight management, and overall wellness, innovations in filtration, ultrafiltration, and microfiltration technologies have improved the purity and functionality of milk proteins, making them more suitable for a wider range of applications. New innovations and development, advance technologies as well as many collaborations and partnerships helps to boost the growth of the market in upcoming years.
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Protein Purification and Isolation Market
Milk Protein Isolate Market Company Profile
- Nestle
- DANONE
- Arla Food Ingredients Group
- Fonterra Co-Operative Group Limited
- Glanbia plc.
- Kerry Group plc.
- FrieslandCampina Ingredients
- Cargill, Incorporated
- Saputo Dairy Australia Pty Ltd.
- Idaho Milk Products
- Dairy Farmers of America, Inc.
- LAND O’LAKES, INC.
Milk Protein Isolate Market Highlights
FAQs
Milk Protein Isolate Market Size was valued at USD 13.4 Billion in 2024 and is expected to reach USD 22.7 Billion by 2034 growing at a CAGR of 6.3%.
The Market is segmented into Product Type, Soruce, Form, and Region.
The Market is segmented by region North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. Asia Pacific is expected to dominate the Market.
The key players operating in the Milk Protein Isolate Market include Nestle, DANONE, Arla Food Ingredients Group, Fonterra Co-Operative Group Limited, Glanbia plc., Kerry Group plc., FrieslandCampina Ingredients, Cargill, Incorporated, Saputo Dairy Australia Pty Ltd., Idaho Milk Products, Dairy Farmers of America, Inc., and LAND O’LAKES, INC.