Market Size of Europe Dairy Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Dairy Protein Market Analysis
The Europe Dairy Protein Market is projected to register a CAGR of 5.2% % over the forecast period.
- The rising health and wellness concerns among the consumers facilitated by the growing participation in sports have led to the enhanced usage of dairy protein in the European market. In addition, the rising middle-class population and the economic growth have led to an increase in the consumption rate of health drinks and a protein-based diet. The awareness among the mass for a healthy lifestyle, as well as the awareness of enhancing immunity, have led to a significant rise in the demand for different dairy proteins such as whey and casein proteins in this region.
- Furthermore, the European dairy industry can help formulators meet consumer demand for clean labels and day-to-day convenience at the production scale. In addition, increasing consumer awareness, especially for functional foods and dietary supplements, has been a major factor for market development in recent times.
- However, the presence of alternatives, such as plant proteins, as well as the increasing instances of lactose intolerance and milk allergies are some of the barriers to the growth of the market.
