Reports
Global Casein Market Size, Share, Trends, Growth, Forecast: By Product Type: Rennet Casein, Acid Casein; By End Use: Food and Beverages, Pharmaceuticals, Cosmetics, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Casein Market Outlook
The global casein market stood at a value of USD 3.23 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.9% to reach a value of USD 5.91 billion by 2032.
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The casein market is projected to grow in the upcoming years owing to the increasing demand from various industrial sectors like food &and beverages, textiles, personal care, cosmetics, and others. The industry is further growing due to an increase in their use in products, such as emulsifying agents, plastics, paint, fibre, and textiles industry. The industry for casein is also growing in the pharmaceutical industry owing to the rising concerns in health, resulting in an increase in the production of medicines using casein.
On a geographical analysis in terms of the market share value of casein market, Europe is the largest producer of casein and is closely followed by North America. The Asia Pacific market is expected to be the fastest-growing market in the upcoming years, driven by the rising disposable incomes with better health awareness among the population. The casein market is further invigorated due to the functional advancements the product offers to the human body like muscle repair, boosting energy, and weight loss. The increase of protein-based meals and a surge in consumer demand for better ingredients with good taste are likely to augment the demand for the product over the forecast period. The growth of retail stores catering to natural products is also providing further impetus for the industry growth as fitness stores now stock casein milk products.
Properties and Applications
Casein is a protein usually found in mammalian milk and contains a high level of protein. It contains amino acids, carbohydrates, and essential minerals, and, further, helps build and repair tissues. It is recommended as a food supplement for bodybuilders because of its slow absorption rate. The product is marketed as a premium protein supplement and digestive solution.
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The casein market can be segmented by product type into:
- Acid Casein
- Rennet Casein
The industry can be broadly categorised on the basis of end-use segments into:
- Food and Beverages
- Pharmaceuticals
- Cosmetics
- Industrial
The EMR report also covers the regional casein markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
The global casein market is driven by the rising disposable incomes and growing health consciousness among the consumers globally. The industry will be aided by the expansion of major the key players in the major emerging markets. India and China in the Asia Pacific region present lucrative growth opportunities for the key manufacturers in the industry. The growing population in the two countries is also aiding the industry growth in the Asia Pacific region, particularly in the pharmaceutical and food and beverage segment. Thus, the robust growth of the industry in the Asia Pacific region is expected to influence the overall global casein market positively. The rising number of R&D activities undertaken by the companies and increasing innovations in the industry is expected to further propel the global industry forward. The increasing raw material and manufacturing costs and limited and fluctuating raw material supply are some of the major factors hampering the growth of the global casein market.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global casein market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Lactalis Ingredients
- Westland Milk Products
- Fonterra Co-Operative Group Ltd.
- Arla Foods Ingredients Group P/S
- FrieslandCampina N.V.
- Others
The comprehensive report investigates the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, End Use, Region |
| Breakup by Product Type | Rennet Casein, Acid Casein |
| Breakup by End Use | Food and Beverages, Pharmaceuticals, Cosmetics, Industrial |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Lactalis Ingredients, Westland Milk Products, Fonterra Co-Operative Group Ltd., Arla Foods Ingredients Group P/S, FrieslandCampina N.V., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Casein Market Analysis
8.1 Key Industry Highlights
8.2 Global Casein Historical Market (2018-2023)
8.3 Global Casein Market Forecast (2024-2032)
8.4 Global Casein Market by Product Type
8.4.1 Rennet Casein
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Acid Casein
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Casein Market by End Use
8.5.1 Food and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Pharmaceuticals
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Cosmetics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Industrial
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.6 Global Casein Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
12.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance
14 Project Details, Requirements and Costs Involved
14.1 Land Requirements and Expenditures
14.2 Construction Requirements and Expenditures
14.3 Plant Machinery Cost, Packaging, and Transportation Costs
14.4 Raw Material Requirements and Expenditures
14.5 Utility Requirements and Expenditures
14.6 Manpower Requirements and Expenditures
14.7 Other Capital Investments
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Stages of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Lactalis Ingredients
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Westland Milk Products
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Fonterra Co-Operative Group Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Arla Foods Ingredients Group P/S
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 FrieslandCampina N.V.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.5 Others
17 Industry Events and Developments
List of Key Figures and Tables
1. Global Casein Market: Key Industry Highlights, 2018 and 2032
2. Global Casein Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Casein Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Casein Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Casein Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Casein Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Casein Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Casein Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Casein Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Casein Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Casein Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Casein Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Casein Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Casein Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Casein Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Casein Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Casein Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Casein Market Structure
Key Questions Answered in the Report
In 2023, the global casein market attained a value of nearly USD 3.23 billion.
The market is projected to grow at a CAGR of 6.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.91 billion by 2032.
The major drivers of the industry, such as increasing demand from various industrial sectors, increase in their use in products, such as emulsifying agents, increase in the production of medicines using casein, and the rising disposable incomes with better health awareness among the population are expected to aid the market growth.
The key trend guiding the growth of the casein market include the rising number of R&D activities undertaken by the companies and increasing innovations in the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Europe accounting for the largest share in the market.
The major product types in the industry are acid and rennet casein.
The major end-uses of the product include food and beverages, pharmaceuticals, cosmetics, and industrial sectors.
The major players in the industry are Lactalis Ingredients, Westland Milk Products, Fonterra Co-Operative Group Ltd., Arla Foods Ingredients Group P/S, FrieslandCampina N.V., among others.
Analyst Review
The global casein market attained a value of USD 3.23 billion in 2023, driven by the increase in its use in products, such as emulsifying agents and others. Aided by the rising number of R&D activities undertaken by the companies, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.9%. The casein market is projected to reach USD 5.91 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the casein industry can be segmented into acid and rennet casein. On the basis of end uses, the market can be divided into food and beverages, pharmaceuticals, cosmetics, and industrial. The major regional markets for casein are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above industry include Lactalis Ingredients, Westland Milk Products, Fonterra Co-Operative Group Ltd., Arla Foods Ingredients Group P/S, FrieslandCampina N.V., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.
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