Milk Protein Concentrate Market , 2023 – 2032

The milk protein concentrate market, valued at $153.46 million in 2022, is projected to experience a compound annual growth rate (CAGR) of 5.5% over the forecast period, driven by a growing awareness of the importance of protein in balanced diets. This awareness has spurred a rising demand for high-protein products, with milk protein concentrates offering functional properties like emulsification and texturization, making them vital ingredients in food processing, particularly in the production of both dairy and non-dairy items. Moreover, the emphasis on health and fitness, coupled with the demand for sports nutrition products, has further fueled the utilization of milk protein concentrates in protein supplements and sports beverages. Their versatility allows for incorporation into a diverse array of food and beverage products, spanning bakery items, dairy goods, and nutritional supplements.