Market Size of Casein And Caseinates Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.26 % |
Fastest Growing Market | Food and Beverages |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Casein And Caseinates Market Analysis
The global casein and caseinates market was valued at USD 1,095.8 million and is expected to register a CAGR of 4.26% over the next five years.
- The wider functionality of casein and caseinates in enhancing the physical and nutritional quality, mainly its slower digestibility, drove its application in the food and beverages segment. The projected growth of casein and casein in the sector is attributed to its functional characteristics, which have led to continual market innovation and research.
- Natural products that are high in protein are increasingly in demand as people become more health conscious. The entire amino acid profile of casein and caseinates makes them high-quality proteins that are frequently used in dietary supplements and foods. Even though casein comes from milk, caseinate products can be utilized to make non-dairy creams and plant-based beverages. As more people experiment with plant-based diets, caseinate-based products give businesses a chance to develop dairy-free alternatives with comparable beneficial characteristics.
- Moreover, manufacturers are launching innovative products to address the changing needs of the industry. For instance, Arla Foods Ingredients launched the first-ever organic micellar casein isolate to meet manufacturers' demand for organic, natural, and functional protein products. The company claims that the new micellar casein isolate, MicelPure, contains a minimum of 87% native protein.
- It is suitable for food, functional health foods, and active nutrition applications, and it is low in lactose and fat, heat-stable, and taste-neutral. Casein and caseinates are used in non-food industries, including adhesives, paints, and plastics, in addition to the food business, which helps to explain the rise in demand.