The caseinates market size is projected to reach US$ 2.36 billion in 2023 to US$ 3.84 billion by 2031; it is estimated to register a CAGR of 6.3% from 2023 to 2031.
Caseinates are dairy protein produced by adding an alkali to acid casein. Caseinates are significantly used in various food & beverages such as bakery & confectioneries, dairy & frozen desserts, snacks, soups & sauces, dressings, functional beverages, etc. as an emulsifier, stabilizers and thicker. Caseinates are also used in infant formulas due to its strong amino acid and protein content. In dietary supplements, caseinates promote muscle growth and recovery. Thus, the wide application scope of caseinates is propelling the market growth. Moreover, the rising awareness about health & nutrition among consumers is boosting the demand for caseinates.
Consumers are more concerned about healthy eating habits; thus, demand for functional food and beverages is increasing worldwide. Caseinate is a rich source of proteins and can also be used for protein fortification of bakery products. Manufacturers are launching products infused with caseinates. It enhances the protein and amino acid content in the end products. Protein-rich products are significantly at the top of consumer health and nutrition trends. According to the International Food Information Council (IFIC) 2023 Food & Health Survey, "high protein" claims to be the no. 1 spot among US consumers' preferred eating patterns. In the beverages segment, the consumption of ready-to-drink protein shakes and nutritional and sports drinks is increasing globally. Caseinates increase the viscosity of beverages and enhance the mouthfeel. It boosts the amino acid profile and acts as a stabilizer and emulsifier in beverages. Potassium caseinate is widely used in juices and winemaking to help prevent oxidation, and also for the removal of oxidized phenolic components. Thus, wide application scope of caseinates in the food & beverage industry propels the caseinates market.
Based on product type, the caseinates market is segmented into sodium caseinate, calcium caseinate, potassium caseinate, and others. The sodium caseinate segment held a larger share of the market in 2023. Sodium caseinate is obtained by neutralizing the acid casein by treating it with an alkali, usually sodium hydroxide. As acid casein is insoluble in water, it is treated with a strong alkali, forming caseinates that are highly soluble in water. Sodium caseinate is the most water-soluble form of caseinates, making it suitable for various applications such as processed cheese, coffee creamers, whipped toppings, baked goods, dietary supplements, hair conditioners, and skin care products. It is a good emulsifier that can form and hold foam, absorb fat, and enhance the nutritional value of food by raising the amount of protein in the final product. Thus, widespread applications of sodium caseinate drive its demand for various food and non-food applications. However, sodium caseinate can result in a spike in sodium levels, reducing its appeal for applications that require low sodium levels.
A few players operating in the caseinates market include Polsero Sp Zoo, EPI Ingredients SAS, Royal FrieslandCampina NV, AMCO Proteins, Fonterra Co-Operative Group Ltd, Agrocomplex SP Zoo, Milk Specialties Global, Erie Foods International Inc, Armor Proteines SAS, Glenstal Foods, Tatua Co-operative Dairy Co Ltd, Ornua Co-operative Ltd, Lactoprot Deutschland GmbH, Drytech Processes Pvt Ltd and among others. Players operating in the caseinates market focus on providing innovative and healthy products at affordable prices to fulfill customer demand.
The overall caseinates market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the caseinates market.
Caseinates are dairy protein produced by adding an alkali to acid casein. Caseinates are significantly used in various food & beverages such as bakery & confectioneries, dairy & frozen desserts, snacks, soups & sauces, dressings, functional beverages, etc. as an emulsifier, stabilizers and thicker. Caseinates are also used in infant formulas due to its strong amino acid and protein content. In dietary supplements, caseinates promote muscle growth and recovery. Thus, the wide application scope of caseinates is propelling the market growth. Moreover, the rising awareness about health & nutrition among consumers is boosting the demand for caseinates.
Consumers are more concerned about healthy eating habits; thus, demand for functional food and beverages is increasing worldwide. Caseinate is a rich source of proteins and can also be used for protein fortification of bakery products. Manufacturers are launching products infused with caseinates. It enhances the protein and amino acid content in the end products. Protein-rich products are significantly at the top of consumer health and nutrition trends. According to the International Food Information Council (IFIC) 2023 Food & Health Survey, "high protein" claims to be the no. 1 spot among US consumers' preferred eating patterns. In the beverages segment, the consumption of ready-to-drink protein shakes and nutritional and sports drinks is increasing globally. Caseinates increase the viscosity of beverages and enhance the mouthfeel. It boosts the amino acid profile and acts as a stabilizer and emulsifier in beverages. Potassium caseinate is widely used in juices and winemaking to help prevent oxidation, and also for the removal of oxidized phenolic components. Thus, wide application scope of caseinates in the food & beverage industry propels the caseinates market.
Based on product type, the caseinates market is segmented into sodium caseinate, calcium caseinate, potassium caseinate, and others. The sodium caseinate segment held a larger share of the market in 2023. Sodium caseinate is obtained by neutralizing the acid casein by treating it with an alkali, usually sodium hydroxide. As acid casein is insoluble in water, it is treated with a strong alkali, forming caseinates that are highly soluble in water. Sodium caseinate is the most water-soluble form of caseinates, making it suitable for various applications such as processed cheese, coffee creamers, whipped toppings, baked goods, dietary supplements, hair conditioners, and skin care products. It is a good emulsifier that can form and hold foam, absorb fat, and enhance the nutritional value of food by raising the amount of protein in the final product. Thus, widespread applications of sodium caseinate drive its demand for various food and non-food applications. However, sodium caseinate can result in a spike in sodium levels, reducing its appeal for applications that require low sodium levels.
A few players operating in the caseinates market include Polsero Sp Zoo, EPI Ingredients SAS, Royal FrieslandCampina NV, AMCO Proteins, Fonterra Co-Operative Group Ltd, Agrocomplex SP Zoo, Milk Specialties Global, Erie Foods International Inc, Armor Proteines SAS, Glenstal Foods, Tatua Co-operative Dairy Co Ltd, Ornua Co-operative Ltd, Lactoprot Deutschland GmbH, Drytech Processes Pvt Ltd and among others. Players operating in the caseinates market focus on providing innovative and healthy products at affordable prices to fulfill customer demand.
The overall caseinates market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the caseinates market.
Reasons to Buy:
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global caseinates market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Caseinates Market Landscape
5. Caseinates Market - Key Market Dynamics
6. Caseinates Market - Global Market Analysis
7. Caseinates Market Analysis - by Product Type
8. Caseinates Market Analysis - by Application
9. Caseinates Market - Geographical Analysis
10. Competitive Landscape
11. Company Profiles
12. Appendix
Companies Mentioned
- Caseinates Market
- Polsero Sp Zoo
- EPI Ingredients SAS
- Royal FrieslandCampina NV
- AMCO Proteins
- Fonterra Co-Operative Group Ltd
- Agrocomplex SP Zoo
- Milk Specialties Global
- Farbest-Tallman Foods Corp
- Erie Foods International Inc
- Armor Proteines SAS
- Glenstal Foods
- Tatua Co-operative Dairy Co Ltd
- Ornua Co-operative Ltd
- Lactoprot Deutschland GmbH
- Drytech Processes Pvt Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 152 |
Published | August 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value in 2023 | 2.36 Billion |
Forecasted Market Value by 2031 | 3.84 Billion |
Compound Annual Growth Rate | 6.3% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |