As per the current market research conducted by CMI Team, the global Milk Protein Isolate Market size is expected to record a CAGR of 5.7% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 13.2 Billion. By 2033, the valuation is anticipated to reach USD 21.7 Billion.
Milk Protein Isolate Market: Growth Factors and Dynamics
- Growing Demand for Nutritional Supplements: The Milk Protein Isolate (MPI) market is experiencing growth due to increasing consumer awareness of health and fitness. The demand for high-quality protein supplements, often containing MPI, rises as individuals focus on achieving fitness goals and maintaining a healthy lifestyle.
- Rising Preference for Clean Label and Natural Ingredients: Consumers are increasingly inclined towards clean label products and natural ingredients. MPI, derived from milk, aligns with this trend, as it is perceived as a natural protein source, driving its adoption in various food and beverage products.
- Expanding Application in Functional Foods: The versatility of MPI allows its incorporation into a wide range of functional foods, including energy bars, protein shakes, and nutritional snacks. As the market for functional and fortified foods grows, so does the demand for MPI as a protein-rich ingredient.
- Increased Focus on Sports Nutrition: The sports and nutrition industry is a significant driver for MPI. Athletes and fitness enthusiasts seek high-quality protein sources to support muscle development and recovery. MPI’s amino acid profile and digestibility make it a popular choice in sports nutrition products.
- Rising Consumer Interest in Dairy-Based Products: Dairy products fortified with protein, including MPI, witness increased popularity. The demand for protein-enhanced yogurt, beverages, and dairy-based snacks contributes to the overall growth of the MPI market, reflecting consumer interest in both taste and nutritional content.
- Innovations in Product Development: Ongoing innovations in food technology and product development contribute to the growth of the MPI market. Manufacturers introduce new formulations and applications, such as protein-fortified baked goods and ready-to-drink beverages, expanding the market’s reach and appeal to diverse consumer segments.
- Health and Wellness Trends: Increasing awareness of the role of protein in overall health and wellness drives the MPI market. Consumers recognize the importance of protein in maintaining muscle mass, supporting weight management, and promoting satiety, fostering a consistent demand for MPI in products that cater to health-conscious individuals.
List of the prominent players in the Milk Protein Isolate Market:
- Arla Foods amba
- Fonterra Co-operative Group Limited
- Glanbia plc
- Kerry Group plc
- AMCO Proteins
- Hilmar Ingredients
- Idaho Milk Products
- Milk Specialties Global
- Carbery Group
- Saputo Inc.
- Armor Proteines
- Davisco Foods International Inc. (Agropur Inc.)
- Leprino Foods Company
- Westland Milk Products
- Lactalis Ingredients
- Others
The Milk Protein Isolate Market is segmented as follows:
- Concentrates
- Hydrolyzed
- Isolates
- Others
- Powder
- Liquid
- Paste/Spreadable
- Others
- Food & Beverages
- Nutraceuticals & Dietary Supplements
- Pharmaceutical
- Cosmetics & Personal Care
- Infant Formula
- Pet Care Industry
- Others
