Market Size of Dairy Protein Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 4.81 Billion |
Market Size (2029) | USD 5.95 Billion |
CAGR (2024 - 2029) | 4.34 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dairy Protein Market Analysis
The Dairy Protein Market size is estimated at USD 4.81 billion in 2024, and is expected to reach USD 5.95 billion by 2029, growing at a CAGR of 4.34% during the forecast period (2024-2029).
- Dairy proteins, such as milk protein, casein, and whey protein are the sources of proteins offering various nutritional and functional benefits on health.
- The dairy protein consumption has subsequently increased with milk being the richest and the most popular source of protein. The taste of dairy protein is richer than the newly-growing vegetarian proteins, which is the main driving factor for the dairy protein market demand.
- The increased health awareness and demand for sports nutrition are the major factors driving the global market.