Casein Protein Market - Forecast(2021 - 2026)

 Casein Protein Market Overview

The casein protein market is estimated to surpass $5.39 billion by 2023, growing at a CAGR of 1.7% during the forecast period 2018–2023. The casein protein market is poised to witness significant growth owing to the wide range of applications of casein protein in industries such as food and beverages, and pharmaceutical. With the increasing demand for food and beverages, the demand for casein is increasing as it provides a concentrated source of protein with enriched nutritional, sensory, and functional properties. The Americas region is the largest market for casein protein. The U.S. is the dominating country amongst all other countries and exports casein and related products to Mexico, Canada, China, and Germany.


Casein Protein Market Outlook
Casein is a major constituent of cheese and is a rich source of amino acids and phosphorus. It is the primary protein of mammalian milk. Among the various types of caseinates, sodium and calcium caseinates are widely used. The increase in industrial activities in the APAC region reflects positive on the casein protein market. Lack of awareness about casein protein alternatives and increased awareness about the positive protein balance of casein are driving the global casein protein market. The growing demand for casein from the sports nutrition market and increasing usage of casein protein in dietary supplements are also impacting the growth of the casein protein market


This report provides an in-depth analysis of the casein protein market by type, application, function, and geography. By type, the market is segmented into caseins, casein hydrolysates, caseinates, and others. Based on application, the market is segmented into food and beverages, industrial applications, and others. The market is also segmented into emulsification, stabilizing, foaming, and others based on function. 


The report also gives an analysis of the market by geography, taking into consideration the Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The prominent countries for this market across these regions are also analyzed. The casein protein market in Americas was valued at $2.19 billion in 2017 and is estimated to reach $2.29 billion by 2023, growing at a CAGR of 1.5% during the forecast period.


Casein Protein Market Growth Drivers 
Low awareness regarding casein protein alternatives and growing awareness regarding protein balance of casein is driving the growth of casein protein market. Growing demand from sports nutrition market and booming market for dietary supplements is up surging the growth of casein protein market. Rising demand for bakery and confectionery products and innovation in casein production such as milk fractation techniques set to propel growth of casein protein market. 


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Location: United States

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