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Milk Protein Market Size
- Report ID: GMI6468
- Published Date: Aug 2023
- Report Format: PDF
Milk Protein Market Size
Milk Protein Market size was valued at USD 11.9 billion in 2023 and is estimated to expand at a CAGR of 5.3% between 2024 and 2032. Milk proteins, such as whey and casein, are complete proteins, containing all essential amino acids. They are valued for their high-quality protein content and bioavailability. Milk proteins are rich in branched-chain amino acids (BCAAs), which are essential for muscle growth, repair, and recovery, making them popular among athletes and fitness enthusiasts.
Milk proteins are used in various functional foods and beverages, such as protein bars, shakes, and fortified products. The demand for protein-rich sports nutrition products, including protein powders and shakes, drives the use of milk proteins among athletes.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Milk Protein Market Size in 2023: | USD 11.9 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.3% |
| 2032 Value Projection: | USD 19.2 Billion |
| Historical Data for: | 2018 to 2023 |
| No. of Pages: | 150 |
| Tables, Charts & Figures: | 191 |
| Segments covered: | Type, Form, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Milk protein prices can be influenced by factors like feed costs, weather conditions, and global demand, leading to price fluctuations that affect profitability. Interruptions in the supply chain, such as transportation issues or natural disasters, can lead to shortages and production delays. Meeting stringent regulations and quality standards for dairy products can be complex and costly, especially when operating in multiple markets.
Frequently Asked Questions (FAQ) :
Milk Protein Market Scope
