Organic Milk Protein Market is Expected to Grow at a CAGR over 7%

Market Overview

Organic milk protein is a concentrate with high protein content and less of calories, which is free from preservatives and produced by methods/processes in compliance to the standards of organic food and beverages. The organic milk protein is not processed using irradiation, industrial solvents or synthetic food additives, usually manufactured by dehydration process and by reducing the lactose content of the milk. Due to the high shelf life and nutrient content; it plays a major ingredient role in various functional food products such as yoghurt, confectionery products and cheese has increased in recent years. The high protein content drives the market of organic milk protein in a positive growth rate, and also as the demand from the health cognizant consumers has been rising.

Market Forecast

Globally the organic milk protein market is mainly driven by rise in demand from the organic food and beverage industry. It has a huge application in supplements, infant formula and frozen desserts. Organic milk protein is enriched with high protein, calcium and mineral content due to which there is increasing demand from sports persons and health cognizant consumer. Consumers across the globe are adopting healthy lifestyle is one of the key drivers for protein rich drinks and nutritious food products. The hassle-free storage, long shelf-life and convenient usage are also driving the demand of organic milk protein in the recent years.

These factors will play a key role in the growth of organic milk protein market at the CAGR of 7% during 2016-2022.

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Downstream analysis-

Organic milk protein is either consumed directly as a health-drink or is used for the preparation of food products and drinks with increased nutritional value. The application of organic milk protein is found to be increasing in supplements and infant food formula due to rising demand for protein rich food products to maintain healthy muscle and bones. Protein isolates and hydrolysates have huge application in bakery and confectionery. There is a significant growth in the demand of organic milk protein due to its high protein content, from the athletes and working class population. The pharmaceutical application of organic milk protein is increasing due to the nutritional value and wide applications.

Competitive analysis-

The major key players in organic milk protein market are

  • Fonterra Co-operative Group Limited (New Zealand)
  • Arla Foods (Denmark)
  • AMCO Proteins (U.S.)
  • Groupe Lactalis (France)
  • Hevero Hoogwegt (Netherlands)
  • Kerry Group (Ireland)
  • FrieslandCampina (Netherlands)
  • Ganbia plc. (Ireland)

Key players in organic milk protein market are mainly located in Netherlands, France and Ireland; and these countries are major producers of organic milk protein. Key manufacturers are investing hugely to fortify the product to increase its nutritional value. In addition, based on the increasing demand of healthy- protein rich food products and drinks, new players are expected to enter the global market.

Regional Analysis

The global organic milk protein market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among this Europe region has the major market share followed by North-America. Central-America is found to be dominating the market for organic milk protein drinks. Netherland is one of the major exporters of organic milk protein. Netherlands mainly exports its Organic Milk Protein to countries like China, France and New-Zealand. After Netherlands, France is the major exporter of organic milk protein which exports the products to Middle East and African countries. Asia Pacific region is emerging market for Organic Milk Protein manufacturers as it has potential opportunities for Organic Milk Protein market to grow due to its changing consumer food pattern and increase in economic conditions.

Market Segmentation

Global organic milk protein market is segmented by form, source, type, application and region

 

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