China Milk Protein Market Size
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2019 |
| CAGR | 5.18 % |
| Market Concentration | High |
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China Milk Protein Market Analysis
The China Milk Protein Market stood at 108.99 million usd in 2021 and is projected to register a CAGR of 5.18% to reach 140.32 million usd in 2026.
- Largest Segment by Form - Isolates : Superior qualities and functionalities, such as high protein content, with lower carbs and lower lactose content, make MPIs the leading protein ingredient in the market.
- Largest Segment by End User - Food and Beverages : The F&B segment leads the market, majorly driven by beverages, snacks, and bakeries sub-segments. The rise in functional F&B is boosting the demand for protein ingredients.
- Fastest Growing Segment by Form - Hydrolyzed : Milk protein concentrate is projected to be the fastest-growing milk protein type. Its growing application, predominantly in beverages, is anticipated to drive the segment.
- Fastest Growing Segment by End User - Food and Beverages : In terms of convenience and product formulations, milk protein innovation is gaining traction in the market, mainly in the beverages and condiments/sauces sub-sectors.
China Milk Protein Market Trends
This section covers the major market trends shaping the China Milk Protein Market according to our research experts:
Largest Segment By End User : <span style="font-family: 'regular_bold';color:#0e7db3;">Food and Beverages</span>
- By end user, food and beverage dominated the milk protein's demand in 2020. It was majorly driven by applications from the snacks and bakery sub-segments. Moreover, the snacking pattern in China has increased drastically in recent years, paving the way for the use of healthy ingredients, such as milk protein, in the segment.
- The supplements segment is driving the applications next to the F&B segment. It is majorly driven by applications from the baby food and infant formula segment with the increase in interest of consumers toward protein in infant diet.
- Milk protein, a complete source of protein with the properties of whey protein and casein, is consumed in large quantities by sports enthusiasts.
China Milk Protein Industry Overview
The China Milk Protein Market is moderately consolidated, with the top five companies occupying 62.60%. The major players in this market are Arla Foods amba, Fonterra Co-operative Group Limited, Glanbia PLC, Kerry Group PLC and Royal FrieslandCampina NV (sorted alphabetically).
China Milk Protein Market Leaders
Arla Foods amba
Fonterra Co-operative Group Limited
Glanbia PLC
Kerry Group PLC
Royal FrieslandCampina NV
*Disclaimer: Major Players sorted in no particular order
China Milk Protein Market News
- August 2021: Arla Foods amba launched a micellar casein isolate called MicelPure™ Milk Protein, which comes in standard and organic versions. The product contains 87% native proteins.
- February 2021: Arla Foods amba launched a new dry-blend protein that helps infant formula manufacturers reduce production costs without compromising safety or quality. It is known to be the first protein ingredient designed for dry blending. This process allows manufacturers to reduce energy usage and production costs.
- April 2020: Fonterra launched SureProteinTM SoftBar 1000, a milk protein that is exceptionally soft with a relatively short chew to bar formulation. The ingredient was developed to address the high protein, low sugar formulation needs of consumers.
China Milk Protein Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 End User Market
3.2 Per Capita Animal Protein Consumption
3.3 Raw Material/Commodity Production
3.4 Regulatory Framework
3.5 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Form
4.1.1 Concentrates
4.1.2 Hydrolyzed
4.1.3 Isolates
4.2 By End User
4.2.1 Animal Feed
4.2.2 Personal Care and Cosmetics
4.2.3 Food and Beverages
4.2.3.1 Bakery
4.2.3.2 Beverages
4.2.3.3 Breakfast Cereals
4.2.3.4 Condiments/Sauces
4.2.3.5 Dairy and Dairy Alternative Products
4.2.3.6 RTE/RTC Food Products
4.2.3.7 Snacks
4.2.4 Supplements
4.2.4.1 Baby Food and Infant Formula
4.2.4.2 Elderly Nutrition and Medical Nutrition
4.2.4.3 Sport/Performance Nutrition
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 Arla Foods amba
5.3.2 Fonterra Co-operative Group Limited
5.3.3 Glanbia PLC
5.3.4 Groupe Lactalis
5.3.5 Kerry Group PLC
5.3.6 Morinaga Milk Industry Co. Ltd
5.3.7 Royal FrieslandCampina NV
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Proteins CEOs
China Milk Protein Industry Segmentation
| By Form | |
| Concentrates | |
| Hydrolyzed | |
| Isolates |
| By End User | |||||||||
| Animal Feed | |||||||||
| Personal Care and Cosmetics | |||||||||
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China Milk Protein Market Research FAQs
What is the current China Milk Protein Market size?
The China Milk Protein Market is projected to register a CAGR of 5.18% during the forecast period (2023-2028).
Who are the key players in China Milk Protein Market?
Arla Foods amba, Fonterra Co-operative Group Limited, Glanbia PLC, Kerry Group PLC and Royal FrieslandCampina NV are the major companies operating in the China Milk Protein Market.
China Milk Protein Industry Report
Statistics for the 2023 China Milk Protein market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Milk Protein analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
