Casein and Caseinates Market - Growth, Trends And Forecast (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||708530|
|出版日期||內容資訊||英文 100 Pages
|全球酪蛋白及酪蛋白鹽類市場:成長，趨勢，預測(2018年∼2023年) Casein and Caseinates Market - Growth, Trends And Forecast (2020 - 2025)|
|出版日期: 2020年05月01日||內容資訊: 英文 100 Pages||
The global casein and caseinates market is projected to grow at a CAGR of 5.2% during the forecast period 2020 to 2025.
Growing Demand of Protein Rich Food to Drive the Global Market
Increasing demand for protein-rich foods and easy availability of casein protein is driving the growth of casein and caseinates market across the globe. This is mainly due to the increase in health and fitness centers and rising health consciousness among consumers. Also, functional advancement including muscle repair, boosting energy, and weight loss, rising usage of protein-based meal replacements, and surging consumer demand for greater ingredient traceability and authenticity are likely to augment the demand for the product over the forecast period.
North America to Drive the Global Market
In North America, increasing prices of raw material are influencing the prices of casein and caseinates products. In 2017, the US exports showed witnessed significant growth in export of in value and volume for dairy products to fulfill the demand of casein raw material in other countries. In developed economies, the acceptance of casein protein as sports nutrition is driving the market growth in North America and Europe region. The availability of affordable high-quality edible casein and demand for acid casein for industrial application is supporting the market growth in the developing economies. In the Asia-Pacific region, India holds the largest amount of each category of caseinates including Sodium, Calcium caseinates, etc. which is derived from buffalo and cows skim milk.
The global casein and caseinates market is highly competitive and fragmented in nature owing to the presence of many regional and domestic players. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in June 2015, Nestle SA has led an international patent for an infant nutrition product with casein protein, which could be used to prevent metabolic syndrome disorders in the infant. Also, in August 2018,Italian start-up Bioerg's launched 'next-generation' dextran which is 10 times cheaper than standard dextran and it has high casein content to increase moisture by binding with water and to improve the texture.