Frozen Food Market Dairy Protein MarketMarket Food Service Equipment Milk Protein Concentrate Market No. of Pages- 191
Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis Global Opportunity Analysis and Industry Forecast, and Industry Forecast, and Industry Forecast, and Industry Forecast, and Forecast, andIndustry Industry Forecast, 2019-2026 2020-2027 2020-2027 2019-2026 2021-2027 2020-2027 Download Report Sample
Milk Protein Concentrate Market
Milk Protein Concentrate Market by Application (Packaged Products, Nutritional Products, Infant Formula, and Others) and Concentration (Low, Medium, and High): Global Opportunity Analysis and Industry Forecast, 2021–2027". As per the report, the global milk protein concentrate industry was accounted for $3.00 billion in 2019, and is projected to reach $3.92 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027.
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Milk Protein Concentrate Market Rise in demand for nutritional food, surge in awareness regarding health and nutritional food products, and increase in adoption of healthy lifestyle & diet drive the growth of the global milk protein concentrate market. Moreover, increase in protein intake using protein supplements the market growth. However, rise in trend of veganism hinders the market growth. On the contrary, untapped market for protein supplements and protein-based food products is expected to open lucrative opportunities for the market players in the future. Covid-19 scenario: •The outbreak of Covid-19 negatively affected the milk protein concentrate market due to reduction in production because of strict lockdown regulations. •Moreover, the prolonged lockdown resulted in supply chain disruption and in supply-demand gap.
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Milk Protein Concentrate Market By application, the packaged products segment held the lion's share in 2019, accounting for more than onethird of the global milk protein concentrate market. Moreover, the segment is estimated to register the highest CAGR of 5.6% during the forecast period, due to rise in the consumption of protein-rich packaged foods and surge in demand for functional dairy and high protein cheese among consumers. The report includes a detailed analysis of other segments such as nutritional products, infant formula, and others. By concentration, the high concentration segment is projected to portray the highest CAGR of 5.5% during the forecast period. In addition, the segment held the largest share in 2019, contributing to more than half of the global milk protein concentrate market, owing to surge in consumption of supplements and rise in health awareness. For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/10923
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Milk Protein Concentrate Market
Major market players •Arla Foods Amba •Kerry Group Plc •Lactalis Corporation •Fitsa Group •Dana Dairy Group •Cabot Creamery Cooperative •Saputo Inc. •Royal Frieslandcampina N.V. •Fonterra Co-Operative Group Limited •Schreiber Foods Inc.
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Milk Protein Concentrate Market Key Findings Of The Study •On the basis of application, the packaged products segment is projected to witness the highest CAGR in revenue terms, during the forecast period. •By concentration, the high segment is expected to dominate the market from 2021 to 2027. •Depending on application, the nutritional products segment is expected to grow at a significant CAGR during the forecast period. •U.S. was the largest country, in terms of revenue generation, for milk protein concentrate in 2019. •Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 6.9% from 2021 to 2027. Access Full Report Summary: https://www.alliedmarketresearch.com/milk-protein-concentrate-market-A10558
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Milk Protein Concentrate Market
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