Milk Protein Concentrate Market , 2023 – 2032

Valued at $153.46 million in 2022 and projected to grow at a CAGR of 5.5% over the forecast period, the milk protein concentrate market is experiencing robust expansion driven by a growing awareness of protein's significance in a balanced diet. This heightened awareness has led to an increased demand for high-protein products, with milk protein concentrates emerging as a sought-after ingredient due to their functional properties such as emulsification and texturization. Their versatility allows incorporation into various food and beverage items, ranging from dairy and non-dairy products to bakery goods and nutritional supplements. Moreover, the focus on health and fitness, coupled with the rising demand for sports nutrition products, has further propelled the utilization of milk protein concentrates in protein supplements and sports beverages.