Global Milk Casein and Caseinates Market is Projected to Reach USD 2.75 billion by 2020, at a CAGR of 4.2% From 2015 to 2020

Nov 03, 2015, 08:00 ET from MicroMarket Monitor

PUNE, India, November 3, 2015 /PRNewswire/ --

According to the new Market Research Report "Milk casein and caseinates Market: By Type (casein and caseinates), By Application (Food & Beverages, Pharmaceuticals, Industrial, and Others), By Geography (North America, Europe, Asia-Pacific, and RoW) - Global Forecast to 2020", the milk casein and caseinates market is projected to reach USD 2.75 billion by 2020, at a CAGR of 4.2% from 2015 to 2020.

Browse through the TOC of Global Milk Casein & Caseinates Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The report on the milk casein and caseinates market defines and segments the market on the basis of type, application, and geography, along with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the milk casein and caseinates market with an analysis of the trends, and opportunities

On the basis of type, the market has been segmented into casein (including edible casein and industrial casein) and caseinates including (calcium caseinate, sodium caseinate, and potassium caseinate). On the basis of applications, the milk casein and caseinates market has been segmented into food & beverages including infant formula, dairy, nutrition, sausages, and others (including coffee creams, and ready meals), pharmaceuticals, industrial, and others (including cosmetics, and personal care). The geographical analysis in the report includes North America, Europe, Asia-Pacific, and RoW.

The milk casein and caseinates market is estimated to grow with its increasing application in food and beverages, pharmaceuticals, and other industries such as cosmetics and personal care. As an additive in food and beverages milk casein and caseinates imparts nutritive value and supports the functionality of nervous system, cardiovascular system, thus helps in fortifying the body. Milk casein and caseinates has a wide range of applications in the food and beverages industry. They act as emulsifier, heat stabilizer, viscosity enhancer, binder, and foaming agent. They help in enhancing the muscle performance by reducing body fats. Thus, these are found to improve one's athletic performance. In the food and beverage industry these are largely used products such as in infant formulas, dairy products, sausages, nutritional products, and dietary supplements. The health benefits of milk casein and caseinates are estimated to increase its number of applications in the global market. The demand for milk casein and caseinates in the cosmetics market is increasing owing to their emulsifying properties. In the pharmaceuticals industry these are used for the treatment of high cholesterol, high blood pressure, anxiety, epilepsy, and gut flora imbalances.

The market for milk casein and caseinates is projected to reach USD 2.75 billion by 2020. In 2014, North America was the largest and Asia-Pacific was the fastest growing market for milk casein and caseinates. The North America milk casein and caseinates market was closely followed by Europe, with Germany being the major revenue contributor in the region. The global milk casein and caseinates market is expected to grow in the near future owing to factors such as increasing health awareness among people and rising demand of functional food products globally. Rising disposable income, increased consumption of protein supplements and technological developments are also expected to boost the demand of milk casein and caseinates during the forecast period.

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Key Players of the Global Milk Casein & Caseinates Market include:  

AMCO Proteins (U.S.), Dairygold Co-Operative Society Ltd (Ireland), Erie Foods International, Inc. (U.S.), Fonterra Co-Operative Group (New Zealand), Hoogwegt International B.V. (The Netherlands), Kerry Ingredients (Ireland), Lactalis Ingredients (France), Nutra Food Ingredients, LLC (U.S.), FrieslandCampina (The Netherlands), Westland Milk Products (New Zealand), and Arla Foods (Denmark)

The key players in the market are focusing on new product developments, acquisitions, joint ventures, collaborations, and expansion of their production facilities to strengthen their position in the global milk casein and caseinates market.

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