According to the latest report by IMARC Group, titled “Casein Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global casein market size reached 381.2 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 490.3 Kilo Tons by 2027, exhibiting a growth rate (CAGR) of 4.3% during 2022-2027.
Casein is the protein found in mammalian milk and forms an essential ingredient of cheese. It is an amorphous white solid without any taste and odour in its original form. However, commercial casein is slightly yellow in colour with a pleasant odour. In the recent years, casein is increasingly being consumed by the masses as it helps in improving metabolic rate, yielding greater strength gains, and reducing and preventing the effects of enamel erosion. It is also used in medicines, dietary supplements, prepared foods and cosmetics.
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Global Casein Market Drivers/Constraints:
- Casein is used to emulsify fat, provide nutrition, lower blood pressure and sugar, and as an adhesive and colorant. This has led to an increase in the demand for casein in a wide variety of industries, such as food and beverage, pharmaceutical, etc.
- The changing dietary habits of the consumers due to increasing health awareness have led to a rise in the consumption of casein, thereby accelerating the overall growth of the market across the globe.
- Longer shelf-life, high income levels, growing consumption of protein enriched food products and health drinks represent some of the other key factors driving the demand for casein globally.
- The increasing raw material and manufacturing costs, and limited and fluctuating raw material supply are major the factors hampering the growth of the global casein market.
Key Market Segmentation:
Breakup by Product Type:
- Rennet Casein
- Acid Casein
Breakup by End Use:
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Industrial
- Others
Regional Insights:
- Europe
- Oceania
- North America
- Asia
- Others
Competitive Landscape With Key Players:
The competitive landscape of the market has been analyzed, with some of the key players being Nestlé, Danone, Arla Foods, Groupe Lactalis, Friesland Campina, Fonterra, Westland Milk Products.
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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