Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Milk Protein Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Milk Protein Market Grow Between 2024 and 2025?
The global milk protein market has experienced solid growth historically. The market size is projected to increase from $12.85 billion in 2024 to $13.61 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%.
How Much Will the Milk Protein Market Be Worth in 2029?
The Milk Protein Global Market is anticipated to reach a size of $17.67 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.8%.
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Which Milk Protein Market Drivers Are Linked to Revenue Growth?
The key drivers in the milk protein market are:
• Changing dietary patterns favoring protein-rich food
• Advancements in nutritional science and sustainable milk production practices
• Rising demand and innovation in plant-based milk protein alternatives
• Expansion of the functional food and beverage market and increased use of protein in infant food formulas.
Which Segments Are Expected to Grow in the Milk Protein Market?
The milk proteinmarket covered in this report is segmented –
1) By Type: Milk Protein Concentrate, Milk Protein Isolate [MPI], Milk Protein Hydrolysates, Casein And Caseinates, Whey Protein Concentrate, Whey Protein Isolate, Other Types
2) By Form: Dry, Liquid
3) By Livestock: Cow, Buffalo, Goat
4) By Application: Dairy Products, Frozen Desserts, Infant Formula, Dietary Supplements, Bakery, Confectionery, Beverages, Sweet, Savory Snacks
5) By Distribution Channel: Online, Offline
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What Are The Key Trends Impacting Growth In The Global Milk Protein Market?
The key trends in the milk protein market are:
• The future of the milk protein market is being shaped by increasing demand for high-quality protein sources.
• Advancements in nutritional science research and development are emerging as a significant trend.
• There's an observable trend towards customization and specialty products in the milk protein market.
• Technological progress in processing methods and the growing emphasis on sustainability and ethical consumption are also influencing the market's future.
Who Are the Key Competitors in the Global Milk Protein Market?
Major players in the milk protein market are:
• Royal FrieslandCampina N.V.
• Fonterra Co-operative Group Limited
• Arla Foods amba
• Amco Proteins Company
• Saputo Inc.
• Glanbia plc
• Kerry Group plc
• Havero Hoogwegt Group B.V.
• Lactalis Ingredients
• Sachsenmilch Leppersdorf GmbH
• Cargill Inc.
• Archer-Daniels-Midland Company
• Charotar Casein Company
• Danone Nutricia
• Hilmar Ingredients
• Milk Specialties Global
• Idaho Milk Products
• Agropur Dairy Cooperative
• Carbery Group Limited
• Davisco Foods International Inc.
• Leprino Foods Company
• Lactose Limited
• Erie Foods International Inc.
• Grande Custom Ingredients Group
• Milkaut S.A.
• Farbest Brands Inc.
• Batory Foods Inc.
• Armor Proteines
• Nutrimed Healthcare
• Agri-Mark Inc.
• Arion Dairy Products B.V.
Where Is the Milk Protein Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the milk protein market share in 2024
