Canada Milk Protein Market Report and Forecast 2024-2032

Canada Milk Protein Market Outlook

The Canada milk protein market size reached is projected to grow at a CAGR of 6.1% between 2024 and 2032.The major drivers of the market include rising consumption of dietary supplements and nutraceuticals and expansion of the cosmetics sector.

Key Trends in the Market

Milk proteins can be divided into two broad categories, soluble and insoluble proteins. The soluble protein, casein, is arranged into macromolecular units called micelles. Casein increases the absorption of minerals, including phosphorus and calcium. The insoluble protein, whey protein is rich in branded chain amino acids, such as valine, leucine, and isoleucine.

• The rising consumption of dietary supplements and nutraceuticals to ensure the delivery of essential nutrients including vitamins, and minerals in the body to improve and maintain health is aiding the Canada milk protein market growth.

• The expansion of the cosmetics sector due to rising disposable incomes and increasing emphasis on physical appearance is providing lucrative growth opportunities to the market. Whey protein promotes the natural production of elastin and collagen which combats slackness and makes skin plumper, due to which it is increasingly being used in the production of different cosmetic and skincare products.

• The increasing accessibility of the product due to rising availability across both online and offline distribution channels is supporting the market expansion. They are available in the form of powder and isolates, among others in varying flavours.

• The rising adoption of vegetarianism in Canada due to increasing concerns about animal welfare is boosting the consumption of alternate protein sources including milk proteins. Whey protein promotes muscle growth and is effective in preventing age-related muscle loss.

Canada Milk Protein Market Segmentation

On the basis of type, the market is bifurcated into casein and caseinates and whey proteins. Based on livestock, the market is divided into cow, buffalo, goat, and sheep. On the basis of form, the market is segregated into concentrates, hydrolysed, and isolates. Based on distribution channels, the market is bifurcated into online and offline.

On the basis of application, the market is divided into food and beverages, nutraceutical and dietary supplements, pharmaceutical, cosmetics and personal care, and animal feed, among others. Based on region, the market is segmented not Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Canada milk protein market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Glanbia Plc 

• Kerry Group Plc 

• Nestle S.A. 

• Agropur Cooperative 

• Farbest-Tallman Foods Corporation 

• Kraft Heinz Co. (Lactalis International)  

• Saputo Inc. 

• Lactoprot Deutschland GmbH 

• FoodTec Canada Inc. 

• Walker Farms 

• Others

Market Share by Type

As per Canada milk protein market analysis, whey proteins are anticipated to witness significant growth over the forecast period. This growth can be attributed to the wide range of applications of the product in food sector due to its flavour binding and water binding properties. Whey protein also has high solubility and foaming and emulsifying properties. The increased incorporation of whey in diets due to growing awareness about the various positive effects associated with their utilisation is further supporting the segment expansion. These benefits include promotion of muscle growth, lowering of blood pressure, and reduced inflammation, among others.

Market Share by Application

Food and beverages are anticipated to account for a significant Canada milk protein market share. This growth can be attributed to the rising utilisation of whey proteins and casein in production of frozen products including yoghurt, ice cream, and cheese, among others. The proteins are used in dairy products to facilitate thickening, emulsification, and thickening, among others. Whey protein is also used as an ingredient for fat replacement in various food products including sauces, dressings, ice cream, and fermented milk, among others, bolstering the Canada milk protein market demand.

Competitive Landscape

Glanbia Plc is one of the leading food and beverage services providing companies that was founded in 1997 and is headquartered in Kilkenny, Ireland. The company specialises in whey proteins, micronutrient premix solutions, and dairy ingredients, among others.

Kerry Group Plc is a food and beverage company that was founded in 1972 and is headquartered in Kerry, Ireland. The company specialises in casein, caseinates, whey proteins, and sustainable nutrition, among others.

Nestle S.A. is a food and beverage processing conglomerate that was founded in 1866 and is headquartered in Vevey, Switzerland. The company specialises in milk proteins, ice cream, dairy, coffee and beverages, and healthcare nutrition, among others.

Other Canada milk protein market key players include Agropur Cooperative, Farbest-Tallman Foods Corporation, Kraft Heinz Co. (Lactalis International), Saputo Inc., Lactoprot Deutschland GmbH, FoodTec Canada Inc., and Walker Farms, among others.

Key Highlights of the Report