Germany Milk Protein Market Size, Share, and COVID-19 Impact Analysis, By Form (Concentrates, Isolates, and Others), By End User (Animal Feed, Food and Beverages, Supplements, and Others), and Germany Milk Protein Market Insights Forecasts 2023 - 2033
Industry: Food & BeveragesGermany Milk Protein Market Insights Forecasts to 2033
- The Germany Milk Protein Market Size was valued at USD 33.73 Million in 2023
- The Market Size is Growing at a CAGR of 3.05% from 2023 to 2033.
- The Germany Milk Protein Market Size is Expected to Reach USD 45.53 Million by 2033.
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The Germany Milk Protein Market Size is expected to reach USD 45.53 Million by 2033, at a CAGR of 3.05% during the forecast period 2023 to 2033.
Market Overview
Proteins called casein and whey are combined to create milk protein, which is obtained from filtered milk. The majority of the time, milk protein is processed to maintain its natural properties while maintaining a purer form. The delicate purification procedure milk protein goes through guarantees that the amino acid profile stays superb and that any denaturing or altering of the proteins is minimized. The resulting milk protein is low in fat, high in branch-chain amino acids, and a great source of calcium. Moreover, in the food and beverage sector, protein is a vital ingredient that is used to make shakes, cheese, yogurt, protein bars, and protein smoothies. The sports and fitness sectors are the main drivers of the rise in protein consumption. The need for technological advancement in the production of milk protein has increased due to consumer demand, the growing popularity of plant-based milk protein, and the needs of protein manufacturers. Furthermore, the food and beverage business, particularly the bakery sector, is experiencing a surge in demand for its functionalities due to the growing variety of developments in the Germany milk protein market. Additionally, as a result of rising disposable income and population expansion, Germans are consuming more functional food overall, including more protein-rich foods like milk protein.
Report Coverage
This research report categorizes the market for the Germany milk protein market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany milk protein market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany milk protein market.
Germany Milk Protein Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 33.73 Million |
Forecast Period: | 2023-2033 |
2033 Value Projection: | USD 45.53 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Form, By End User |
Companies covered:: | Lactoprot Deutschland GmbH, MEGGLE GmbH & Co.KG, Savencia Fromage & Dairy, Agrial Group, Fonterra Co-operative Group Limited, Royal FrieslandCampina N.V, GNC Holdings, LLC, LAÏTA, Hoogwegt Group, GEA, Morinaga Milk Industry Co., Ltd., and Others Key Vendors |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The requirement for milk proteins in processed meals high in protein is growing since most food production companies are moving toward creating healthy snack options. The growing interest of German consumers in functional foods and dietary supplements like milk proteins is expected to drive the Germany milk protein market expansion, along with the growing need for nutrition-based products in the fields of clinical nutrition, infant formula, and sports nutrition. It is the fastest-growing market because of growing knowledge of its benefits, which include helping athletes build lean bodies and making newborn formula simpler to digest. Additionally, as consumers in Germany place a higher priority on their health and well-being, they are becoming more aware of the benefits of having enough protein in their diets, which is increasing the demand for milk protein products in Germany.
Restraining Factors
The vegan group strictly restricts their consumption of plant-based foods and minimizes their use of animal products, including milk products. Instead, they consume the essential minerals and proteins from the plants, including milk protein. The German milk protein market will be hampered as a result.
Market Segment
- In 2023, the concentrates segment accounted for the largest revenue share over the forecast period.
Based on form, the Germany milk protein market is segmented into concentrates, isolates, and others. Among these, the concentrates segment has the largest revenue share over the forecast period. This is because concentrates contain more protein than other types of milk protein products, such as isolates or powders. Because of this, customers who want to consume more protein will find them appealing, especially those who use nutritional supplements and sports nutrition.
- In 2023, the food and beverages segment is witnessing significant growth over the forecast period.
Based on end user, the Germany milk protein market is segmented into animal feed, food and beverages, supplements, and others. Among these, the food and beverages segment is witnessing significant growth over the forecast period. Functional meals are becoming more and more well-liked since they provide health advantages over a basic diet. To improve the nutritional profile of a variety of functional food and beverage products, including protein bars, shakes, yogurt, and fortified beverages, milk protein can be added. This fuels the food and beverage industry's need for milk protein in Germany.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany milk protein market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Lactoprot Deutschland GmbH
- MEGGLE GmbH & Co.KG
- Savencia Fromage & Dairy
- Agrial Group
- Fonterra Co-operative Group Limited
- Royal FrieslandCampina N.V
- GNC Holdings, LLC
- LAÏTA
- Hoogwegt Group
- GEA
- Morinaga Milk Industry Co., Ltd.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In June 2023, GEA established the New Food Application and Technology Centre of Excellence (ATC) in Hildesheim, Germany, as a central hub for testing processes and products for the alternative protein industry.
Market Segment
This study forecasts revenue at regional, and country levels from 2022 to 2033. Spherical Insights has segmented the Germany Milk Protein Market based on the below-mentioned segments:
Germany Milk Protein Market, By Form
- Concentrates
- Isolates
- Others
Germany Milk Protein Market, By End User
- Animal Feed
- Food and Beverages
- Supplements
- Others
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