Dairy Protein Market to Hit USD 18.49 billion by 2030 at a CAGR of 5.8 percent
Maximize Market Research has published a detailed analytical report on the Dairy Protein Market
PUNE, India, Aug. 23, 2024 /PRNewswire/ -- Global demand for dairy proteins rises, driven by increasing population and improved socioeconomic conditions, the market for dairy ingredients such as Dairy Protein is rising. Dairy proteins are integral to various high-demand products, including sports nutrition supplements, protein bars, meal replacement shakes, infant formulas, yogurt, and baked goods, owing to their superior nutritional and functional benefits.
The market is sustained by the popularity of Whey Protein powders among athletes and fitness enthusiasts for muscle recovery and growth. This growth trajectory is expected to continue, bolstered by innovations and increased applications across dietary supplements and functional foods. As consumer preferences shift towards high-protein diets and healthier options, dairy proteins remain a key component, ensuring sustained market growth and evolving product offerings.
Market Size in 2023 |
USD 12.46 Billion |
Market Size in 2030 |
USD 18.49 Billion |
CAGR |
5.8 % |
Forecast Period |
2024-2030 |
Base Year |
2023 |
Segment Covered |
by Form by Type by Application by Region |
Drivers |
● Growing Health Consciousness ● Rising Demand for Functional Foods |
Restrain |
● Rising Popularity of Plant-Based Proteins ● Price Volatility of Dairy Products |
Opportunities |