The Milk Protein Concentrate Industry is experiencing steady growth, driven by increasing consumer demand for high-protein, functional food ingredients across various applications.​

Market Overview

• Market Size (2024): USD 3.14 billion

• Projected Market Size (2032): USD 4.75 billion

• Compound Annual Growth Rate (CAGR): 5.3% from 2025 to 2032 

This growth is attributed to the rising demand for protein-rich diets, the expanding application of MPCs in various food and beverage products, and the increasing awareness of the health benefits associated with protein consumption.

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Product Segmentation

• By Preparation Method:

  • Co-Precipitation

  • Ultrafiltration

• By Application:

  • Packaged Products

  • Nutritional Products

  • Infant Formula

  • Others

MPCs are utilized in various applications due to their high protein content and functional properties, making them suitable for nutritional products, infant formulas, and other food items.

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Regional Insights

• North America: Expected to hold a significant market share, driven by the region's heightened focus on obesity management, increased protein consumption, and product innovation.​

• Europe: Anticipated to witness substantial growth due to the rising demand for functional foods and dairy innovation.​

• Asia-Pacific: Projected to experience rapid growth, fueled by increasing health consciousness and the expanding food and beverage industry.​

Key Market Players

• Fonterra Co-Operative Group Limited

• Arla Foods Ingredients Group

• Glanbia plc

• Kerry Group plc

• AMCO Proteins

• Hilmar Cheese Company, Inc.

• Idaho Milk Products

• Milk Specialties Global

• Saputo Dairy Australia Pty Ltd. ​

Market Trends & Opportunities

• Health & Wellness Focus: Growing consumer preference for protein-rich and functional foods is boosting demand for MPCs.​

• Product Innovation: Development of new MPC formulations to cater to diverse applications in the food and beverage industry.​

• Sustainable Practices: Emphasis on environmentally friendly production methods to meet consumer demand for sustainable products.

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