United States Casein Market Size, Share, and COVID-19 Impact Analysis, By Function Types (Texturizing Agents, Flavoring Agent, Coating Agent, Binding Agent, Emulsifying Agent, and Heat Stabilizing Agent), By Derivatives Type (Sodium Caseinate, Calcium Caseinate, and Potassium Caseinate), and United States Casein Market Insights, Industry Trend, Forecasts to 2033.
Industry: Food & BeveragesUnited States Casein Market Insights Forecasts to 2033
- The United States Casein Market Size was valued at USD 285.12 Million in 2023.
- The Market is Growing at a CAGR of 5.08% from 2023 to 2033
- The United States Casein Market Size is Expected to Reach USD 468.15 Million by 2033
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The United States Casein Market is Anticipated to Exceed USD 468.15 Million by 2033, growing at a CAGR of 5.08% from 2023 to 2033.
Market Overview
Milk contains a protein known as casein. It is the primary component of cheese and is utilized in a variety of other meals. Casein has been utilized for ages as both a food and a nutritional source. In recent years, the usage of casein has followed many trends. The new form of casein, which was developed during the last two years, promises to be a more efficient method of delivering protein to the body. In addition to promoting muscle growth and repair, casein has been demonstrated to benefit bone health and blood sugar regulation. One market trend is the usage of casein as a dietary supplement. Some people assume taking casein will help them lose weight or gain muscle. There is some evidence that casein may help with weight loss, but further studies are needed to prove this. There is also some indication that casein may aid in muscle development, although further research is needed to discover whether this is true. There are a variety of brands of casein on the market. Some of the most well-known brands are Optimum Nutrition, Dymatize, and BSN.
Report Coverage
This research report categorizes the market for the United States casein market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States casein 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 United States casein market.
United States Casein Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 285.12 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.08% |
2033 Value Projection: | USD 468.15 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 145 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Function Types, By Derivatives |
Companies covered:: | Arla Foods amba, Fonterra Co-operative Group Limited, FrieslandCampina Ingredients, Hoogwegt Group, Milk Specialties Global, AMCO Proteins, Erie Group International Inc., and Others |
Pitfalls & Challenges: | Covid 19 Impact Challanges, Future, Growth and Analysis |
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Driving Factors
The excellent functional properties and high nutritional value of dietary proteins make them excellent candidates for use in drug delivery systems. The casein protein has good binding, gelation, and solubility qualities when used to make drugs. Their strong elastic strength makes them perfect for use as coating materials for tablets and capsules. Casein hydrogels allow for the regulated release of bioactives. Medication absorption in the stomach is prolonged by casein-based floating beads due to their foaming and emulsifying properties. By using heat gelation and enzyme crosslinking, casein can be utilized in micro compositions to create synthetic and nutraceutical medications. Based on the aforementioned trends, the US casein market is anticipated to expand at a quicker rate throughout the estimated period.
Restraining Factors
Casein and caseinates are primarily produced from milk, and their prices fluctuate according to a range of factors such as changes in dairy farming operations, feed costs, weather conditions, and supply-demand imbalances. Consumer preferences are shifting away from dairy-based protein and toward plant-based protein, restricting casein and caseinate market growth. Another key restricting factor is the changing supply of this product around the world, which is projected to impede market expansion during the forecast period. Rising manufacturing costs and variable raw material prices are also limiting market expansion.
Market Segmentation
The United States casein market share is classified into derivatives type and function types.
- The sodium caseinate segment is expected to hold the largest market share through the forecast period.
The United States casein market is segmented by derivatives type into sodium caseinate, calcium caseinate, and potassium caseinate. Among these, the sodium caseinate segment is expected to hold the largest market share through the forecast period. Sodium caseinate is a highly versatile product that finds use in a wide range of food and industrial applications as an emulsifier, thickening agent, and stabilizer.
- The texturizing agents segment is expected to hold a significant market share through the forecast period.
The United States casein market is segmented by function types into texturizing agents, flavoring agent, coating agent, binding agent, emulsifying agent, and heat stabilizing agent. Among these, the texturizing agents segment is expected to hold a significant market share through the forecast period. As a result of the growing desire for clean labels and plant-based alternatives, Casein's distinctive texturizing characteristics play an important role in improving the texture and mouthfeel of a variety of food products.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States casein 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
- Arla Foods amba
- Fonterra Co-operative Group Limited
- FrieslandCampina Ingredients
- Hoogwegt Group
- Milk Specialties Global
- AMCO Proteins
- Erie Group International Inc.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In January 2022, Hoogwegt has formed a strategic long-term collaboration with Royal A-ware to sell milk powders and cream manufactured by the latter. Collaboration strengthens the main activity of the companies.
Market Segment
This study forecasts revenue at United States, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Casein Market based on the below-mentioned segments:
United States Casein Market, By Derivatives Type
- Sodium Caseinate
- Calcium Caseinate
- Potassium Caseinate
United States Casein Market, By Function Types
- Texturizing Agents
- Flavoring Agent
- Coating Agent
- Binding Agent
- Emulsifying Agent
- Heat Stabilizing Agent
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