According to a new report by Expert Market Research titled, “Milk Protein Concentrate Market Size, Share, Analysis, Report and Forecast 2024-2032″, The milk protein concentrate market is set to witness robust growth from 2024 to 2032, propelled by increasing consumer awareness regarding the health benefits of milk proteins, advancements in food processing technologies, and the rising demand for protein-enriched products. This article delves into the size, share, growth, analysis, trends, industry segmentation, and future outlook of the milk protein concentrate market during the forecast period, along with key players shaping the industry landscape.

Milk Protein Concentrate Market Overview

Milk protein concentrate (MPC) is derived from milk by ultrafiltration, evaporation, and spray drying processes, resulting in a high-protein powder with low lactose content. It finds extensive applications in food and beverage industries, including dairy products, infant formula, bakery goods, sports nutrition, and dietary supplements, owing to its functional properties and nutritional value.

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Milk Protein Concentrate Market Size, Share, and Growth Analysis

The milk protein concentrate market is anticipated to experience significant growth during the forecast period, with a compound annual growth rate (CAGR) of 2.5%  from 2024 to 2032. Factors such as increasing health consciousness among consumers, the growing trend of clean label products, and the rising demand for protein-rich foods are driving market expansion globally.

Milk Protein Concentrate Industry Segmentation

The milk protein concentrate market can be segmented based on type, application, and region. By type, it includes MPC 40, MPC 70, and others. Application-wise, the market spans dairy products, infant formula, bakery & confectionery, sports nutrition, and others. Geographically, it covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Milk Protein Concentrate Market Trends

• Clean Label Products: Consumers are increasingly seeking clean label products, driving manufacturers to produce MPC with minimal additives and preservatives.
• Plant-Based Alternatives: The rising popularity of plant-based diets has led to the development of plant-based milk protein concentrates to cater to vegan and lactose-intolerant consumers.
• Functional Foods: The demand for functional foods and beverages fortified with milk proteins for their health benefits is witnessing a surge, promoting market growth.
• Online Retailing: The advent of e-commerce platforms has expanded the accessibility of MPC products, facilitating market expansion.

Milk Protein Concentrate Market Future Outlook

The milk protein concentrate market is poised for substantial growth in the coming years, fueled by increasing health consciousness, technological advancements in processing techniques, and the diversification of product offerings. Market players are expected to focus on product innovation, strategic collaborations, and geographical expansion to capitalize on emerging opportunities.

Key Players

• Fonterra Co-Operative Group Limited
• Sachsenmilch Leppersdorf GmbH
• LACTALIS Group
• Glanbia PLC
• Kerry Group
• Others

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