Global Milk Protein Market Size, Trends, Growth, Report, Forecast 2027
Global Milk Protein Market is expected to reach USD 13.51 Billion by 2027, witnessing growth at a CAGR of over 7%, in value terms, during 2022-23 owing to increasing awareness of functional foods and dietary supplements such as Milk proteins along with rising demand for nutrition based products in clinical nutrition, infant formulas, and sports. Moreover, growing demand of consuming high protein, low calorie diet for weight management and muscle building will propel the growth of the market further. Based on the type of protein, the global Milk Protein market is dominated by Whey Protein Concentrates due to wide application in the food and beverage industry. The sports nutrition accounts for the largest share in the application segment, due to increased consumption of high protein foods. Europe leads the Milk Protein market followed by North America, owing to increased production of milk protein to produce low fat food products. Asia-Pacific region is projected to grow at a high CAGR