Market Size of North America Casein And Caseinate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.93 % |
| Fastest Growing Market | Supplements |
| Largest Market | United States |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Casein And Caseinate Market Analysis
The North American casein and caseinate Market was valued at USD 343 million for the current year and is projected to register a CAGR of 4.93% over the next five years.
- The rising demand for foods high in protein, particularly in the functional food and sports nutrition sectors, drives the market growth. For muscle rehabilitation and maintenance, athletes and fitness enthusiasts prefer the valuable protein sources casein and caseinate because of their slow digestion. Demand for sports nutrition is rising as a rising number of sports enthusiasts.
- For instance, The share of the population who take part in team sports in the United States was 23.2% in 2022, according to the Physical Activity Council. The market expanded as a result of the growing use of casein and caseinate in numerous food applications, including cheese, bread goods, and beverages. These proteins are versatile ingredients for food producers since they provide functions like stabilizing, thickening, and emulsification.
- Moreover, because casein and caseinate come from milk and are considered more natural than some synthetic options, increased awareness of protein's health benefits and a preference for natural, clean-label products have also driven up demand.
- For instance, 22% of consumers choose only clean-label ingredient food in the United States, according to the International Food Information Council's (IFIC) food and health survey. Consumers concerned about the ill effects of carbonated beverages are turning toward protein-fortified drinks, thus boosting the application of casein in the food and beverage (F&B) sector. The rising rates of gym memberships and recommendations for protein consumption by trainers are likely to propel the growth of supplements during the forecast period.
