According to the latest report by IMARC Group, titled “Casein and Caseinates Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” the global casein and caseinates market reached a value of US$ 3.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a CAGR of 5.8% during 2022-2027.
Casein refers to a kind of protein found in mammalian milk. It is characterized by a gelatinous texture without a distinct taste or odor in its original form. It is a slow-digesting dairy protein that releases amino acids slowly in the human body. As a result, its consumption aids in boosting muscle growth, improving metabolic rate and enhancing the overall immunity of the users. Caseinates, on the other hand, are produced by the neutralization of acid casein with alkali. They are the soluble salts of acid casein that are utilized for their functional and nutritional properties. They aid in improving the coagulation properties in a variety of cheeses and for protein enrichment in yogurts and numerous other food items.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends:
The market is driven by the growing awareness regarding the benefits offered by the consumption of casein and caseinates on the global level. They contain high amounts of amino acids while having low concentrations of calories and fat, which is contributing to their increasing utilization. Along with this, changing dietary patterns, growing health consciousness and inflating disposable income levels have led individuals to incorporate protein-rich foods in their diets, thereby providing a thrust to the market growth. Moreover, casein and caseinates form an essential component of the cosmetics and personal care industry. They are widely used as a hair and skin-conditioning agent. The growing inclination toward personal grooming and the increasing demand for high-quality organic personal care products is facilitating the market growth. Some of the other factors contributing to the market growth include the growing utilization of casein in the pharmaceutical industry, the rising demand for dietary supplements and health drinks, and their increasing usage for clinical purposes.
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Key Market Segmentation:
Competitive Landscape with Key Players:
Amco Proteins, Arla Foods AMBA, Armor Proteins, Bhole Baba Dairy Industries Ltd, Charotar Casein Company, Clarion Casein Ltd., Dilac SA, DE CV, EPI Ingredients, Erie Foods International Inc., Fonterra, Royal FrieslandCampina N.V., Glanbia, Plc., Kerry Group plc, Kerui Dairy Products Development Co., Ltd., Lactoprot, Tatua Co-Operative Dairy Company Ltd., Venus Casein Products and Westland Milk Products.
Breakup by Product type:
- Casein
- Caseinates
Breakup by Function:
- Emulsification
- Stabilizing
- Foaming
- Rheology agents
- Viscosity enhancers
Breakup by Application:
- Food applications
- Non-food applications
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- The Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance 2016-2021
- Market Outlook 2022-2027
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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