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Milk Protein Concentrate Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Milk Protein Concentrate Market, Milk Protein Concentrate Market Size
Apeksha Motghare | 20.09.2018
Milk protein concentrate is a concentrated milk product that contains 40% to 85% milk protein. It is considered as a complete protein as it contains both casein and whey protein in a similar ratio. Moreover, low amount of lactose present in milk protein concentrate powder (80%-85%) makes it safe for consumption for lactose-intolerant people. Milk protein concentrates are usually manufactured by filtration processes such as ultrafiltration, microfiltration, and diafiltration. The membrane separation technology in the mentioned processes removes the majority of lactose and soluble minerals and retains the milk protein, which is then spray dried.

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Market Dynamics

Growing health awareness and increasing application of milk protein concentrates in food and beverage products such as cheese and yoghurt are the key factors driving growth of the milk protein concentrate market. Development of the emerging markets such as Brazil, Russia, India and China are likely to adopt higher protein diets. Milk protein concentrates are used in natural beverages, cultured products, and to fortify frozen desserts. Moreover, conventionally used meat protein can increase the risk of heart disease and stroke, which has led to high adoption of milk protein concentrate.

Increasing the production of milk is also increasing the supply of milk protein concentrates in the market. According to Food and Agriculture Organization (FAO), India is the world’s largest milk producer, with 18% of global production, followed by the U.S. and China. According to National Dairy Development Board (NDDB), India produced 165.4 billion liters of milk in 2016 from 155.5 billion liters in 2015, registering a growth of 6.5%.

However, milk protein concentrates which contains low protein and high amount of lactose are not suitable for everyone as they contain lactose, which can cause bloating, diarrhea, and abdominal cramps. Only milk protein concentrates which has 80-85% milk protein are recommended to lactose intolerant consumers.

Market Outlook

Among product type, protein