Milk Protein Concentrate (MPC) Market Size, Share, Growth, and Industry Analysis by Type (Content < 70%, Content 70%-85% & Content > 85%), By Application (Dairy Products, Nutrition Products, Cheese Products & Others), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Milk Protein Concentrate (MPC) Market REPORT OVERVIEW

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The global milk protein concentrate (mpc) market size was USD 1151.9 million in 2021 and is projected to touch USD 1552 million by 2031, at CAGR of 3.0% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with milk protein concentrate (mpc) industry experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Cow's milk is the source of the dairy ingredient known as Milk Protein Concentrate (MPC). It is made by processing skim milk to remove the water, lactose (milk sugar), and minerals, leaving behind a concentrated protein product. Compared to other dairy products like milk powder or whey protein concentrate, MPC typically has higher protein content. Because of its superior nutritional profile and useful qualities, MPC is frequently employed as a functional ingredient in the food industry.

It is extensively used in the creation of many culinary products, including dairy products, cheese, yoghurt, ice cream, nutritional supplements, and bakery goods. MPC can be added to products as an additive to enhance texture, increase nutritional value, provide emulsification, boost protein content, and prolong shelf life. Depending on the precise type and grade of MPC, the protein concentration can vary, however it typically varies from 40% to 90% protein by weight. Both casein and whey proteins, which are premium proteins with crucial amino acids required for human nutrition, make up the protein in MPC.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

The COVID-19 epidemic caused problems for food companies like volatile markets, a drop in customer confidence, and difficulties with import and export transactions. Markets were shut down and people stayed at home due to the lockdown. However, this sudden demand disrupted the entire market because the necessary materials were not readily available. In addition to having an immediate influence on markets, supply chains, supply and demand, and all of these other things, it also had a financial impact on the markets for food and beverages. Food manufacturers are concentrating on safeguarding their personnel, business processes, and supply chains to deal with this severe scenario. The pandemic impacted the industry dynamics, forcing organizations to revamp their entire operation structures to maintain stability amid the disruptions. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall beverages industry. This has partially impacted the milk protein concentrate (mpc) industry.

LATEST TRENDS

"Sports Nutrition to Boost the Market Growth"

A prominent trend that has grown significantly in recent years is the use of Milk Protein Concentrate (MPC) in the sports nutrition sector. Protein supplements and powders aimed at athletes and fitness enthusiasts frequently contain MPC. These products offer an easy-to-use, concentrated source of high-quality protein, which is necessary for muscle growth, repair, and recovery following strenuous exercise. RTD protein drinks are becoming more and more popular among active people looking for quick and easy protein sources. MPC is frequently utilized as a component in these drinks because it provides a practical and quickly digestible protein source for meal replacement or post-workout recovery. Thus, during the forecast period, the aforementioned factors are anticipated to fuel market growth. The global market will benefit from these factors. Thus, a key trend that is opening up potential for the industry to grow is the growing demand for sports nutrition. These new developments are mostly to blame for the market's overall growth.

Milk Protein Concentrate (MPC) Market SEGMENTATION

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• By Types 

Based on type, the market is classified into Content < 70%, Content 70%-85% & Content > 85%.

• By Application

Based on the market is categorized into dairy products, nutrition products, cheese products & others.

DRIVING FACTORS

"High-Protein Products that Give the Market Extra Boost"

The increasing demand for high-protein products has been a significant driving factor in the Milk Protein Concentrate (MPC) industry. The significance of protein in upholding a healthy lifestyle and reaching physical objectives is becoming increasingly clear. Proteins are necessary for the growth, maintenance, and overall health of muscles. As a result, consumers are actively looking for high-protein goods, including athletes, fitness fanatics, and others who value their health. After exercise, protein is essential for muscle rehabilitation. A sufficient protein intake is necessary for athletes and those who engage in strenuous physical activity to maintain muscle growth and repair. MPC is a highly sought-after component in sports nutrition products and supplements due to its high protein content and amino acid profile. These benefits are driving the demand for the soluble dietary fibers industry. As a result, the growth, and the increasing demand for high-protein products will boost the industry. It will contribute to the expansion of the food & beverages industry and it will improve the overall milk protein concentrate (mpc) market growth.

"Technological Advancement to Encourage Market Expansion"

Technological advancements in processing techniques have played a crucial role in the Milk Protein Concentrate (MPC) industry. These developments have increased MPC production efficiency, elevated product quality, and broadened its uses. In the manufacture of MPC, membrane filtration is a widely utilized processing method. The proteins from the milk are concentrated and separated using specialized membranes. Proteins are retained while other ingredients like lactose and minerals are removed using various membrane filtering techniques, such as ultrafiltration and microfiltration. A concentrated protein-rich product is the end result, which is further dried to produce MPC. A typical technique for turning liquid MPC into powder is spray drying. In this procedure, hot air is used to atomize the concentrated liquid MPC into tiny droplets. Over the course of the forecast period, the market is anticipated to grow as a result of all these advanced features. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"Raw Material Prices to Impede Market Expansion"

The market is hampered by shifting pricing for raw materials. Due to variables including weather, feed prices, and the world milk supply, the price of milk, which is the main raw material for MPC, might fluctuate. Price changes for raw materials can have an impact on MPC's overall manufacturing costs, which can then have an effect on market expansion. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Milk Protein Concentrate (MPC) Market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for milk protein concentrate (mpc) is in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the milk protein concentrate (mpc) market share is the growing demand of product in dairy products, nutrition products & cheese products is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Darigold Ingredients (U.S.)
• Idaho Milk (U.S.)
• Erie Foods (U.S.)
• Grassland (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost milk protein concentrate (mpc) industry share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.