According to the latest report, the Indian casein market size reached US$ 102.1 Million in 2021. Looking forward, the market value is projected to reach US$ 150.1 Million by 2027, growing at a CAGR of 5.80% during 2022-2027.
Casein is a protein commonly found in the milk of mammals such as yak, sheep, goats, buffalo and cows. It possesses vital minerals, including amino acids, calcium and carbohydrates, and is generally present in acid, rennet and caseinate variants.
Casein is a bland, odorless and amorphous white solid that forms a thick paste in the stomach and slows down the protein absorption and digestion rate in the body. It also assists in uplifting muscle growth, improving digestion, increasing metabolic rate, delaying hunger and preserving lean muscle tissues.
Indian Casein Industry Trends and Drivers:
One of the key factors driving the Indian casein market is the extensive product usage in the food and beverages industry as an excellent source of protein and other nutrients. Additionally, the rising awareness about the benefits of regular casein consumption is contributing to the market growth. Besides this, the advancement of milk fractionation techniques for refined segregation of casein with enhanced flavors and nutritional content is catalyzing the market growth.
Furthermore, the increasing product application in the production of cosmetics and skincare products, such as moisturizers, anti-aging, hair conditioners and acne products, is escalating its demand across the country. Other major growth-inducing factors are the rising demand for a protein-enriched dietary product, growing expenditure capacities and changing dietary patterns of individuals.
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Note: 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.
The report has segmented the market on the basis of region, product type and end use.
Breakup by Product Type:
- Rennet Casein
- Acid Casein
Breakup by End Use:
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Industrial
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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